The first two decades of the 21st century were a giddy, hyperbolic era of dizzying highs and deep, dark lows. The headlines told the story: the world's biggest (and most disastrous) real estate transaction, the largest private development in U.S. history, the largest condo conversion in the history of the world, a commercial real estate nuclear winter, a $200 million penthouse sale, the world's most expensive office skyscraper, the tallest condo ever built. And then there was the pandemic of 2020: 95 percent of Manhattan's office space sat empty, retail stores were boarded up, and restaurants went belly-up. Yet somehow, New York, and its world-famous real estate market, rose again.
Written by award-winning journalist Adam Piore and brought to you by the country's most authoritative real estate publication, The Real Deal, THE NEW KINGS OF NEW YORK offers a behind-the-scenes picture of what it's like to operate at the highest levels of the industry, and what it took to pull off skyline-transforming deals. Featuring never-before-reported accounts from the larger-than-life characters at the top of the real estate food chain, it's a tale of chutzpah, greed and city-defining vision.
"No one knows the minutia of New York real estate like the team at The Real Deal. In THE NEW KINGS OF NEW YORK, they step back and also take in the big picture of what Adam Piore calls New York's second Gilded Age, from the depths of the late 1970s to the Icarus-like defiance of all limits by developers in the oughts. Neither a slow wet kiss nor a spitball, it's a sweeping epic of cupidity and civic generosity, visionary brilliance and abject stupidity. Even if you can't afford a penthouse overlooking Central Park, you can still get a great view in these pages."--Michael Gross, New York Times bestselling author of 740 Park and House of Outrageous Fortune
"To fully understand New York real estate, one must know the developers and financiers who power the industry. THE NEW KINGS OF NEW YORK is a captivating account of the characters who have reshaped the modern skyline through a combination of vision, chutzpah, and bare-knuckle tactics." --Eliot Brown, bestselling co-author of The Cult of We