Pamela Liebman

That Popping Sound

The Post follows the money and sees less and less of it. Miller Samuel reports a 13 percent drop in average home price in Manhattan—but then again, outrageous luxury sales have been exagerrating market gains for a long while. More troubling, the Times discovers, is the fact that it is taking almost a third longer to sell real estate than it used to and, nationally, executives at big residential builders are selling stock like Froot Loops. The Post quotes Corcoran CEO Pamela Liebman saying, “Their assumption of double-digit price increases every six months isn’t realistic.” Now she tells us.

Steve Cuozzo reports that Larry Silverstein is not buying the Governor’s plan for retail at Ground Zero.

In the Daily News, Councilmember Yassky rides herd on the Mayor for forgetting about Newtown Creek now that the Olympics aren’t coming.

The federal labor board has found a way of solving New York’s rodent infestation problem: get rid of the union rat.  read more »

Finally, Tom Tomorrow explains New York’s emergency evacuation plan to you.

Barbara Corcoran Resigns

You may be seeing a lot more of Barbara Corcoran's face in the near future. Ms. Corcoran resigned today from her position as chairman of The Corcoran Group in order to embark on a new television venture called Barbara Corcoran Productions, The Real Estate has just learned. Her production company plans to produce network television content. Calls place to The Corcoran Group have not yet been returned.

The media-savvy founder of The Corcoran Group, who already pops up on the small screen regularly discussing the real estate world, is planning on making television her full-time job.  read more »

In the past few years, while still assuming a public role, Ms. Corcoran's daily responsibilities in the company have been reduced. Pamela Liebman serves are President and CEO, while the founder assumed the role as chairman in 2001. Her resignation is effective November 15, 2005.

-Michael Calderone

An Iron Bubble: Housing Market Isn't Deflating

Russian-born finance billionaire Leonard Blavatnik isn't used to being rejected.So when the board at  read more »

Corcoran's Big Buy

On June 22, the Corcoran Group, backed by Parsippany, N.J.–based N.R.T.  read more »

Monster Brokers Elliman, Corcoran Brawl For Luxury

In the past year, Manhattan's top residential real-estate brokerages have been remade through a furi  read more »