Industry heavyweights talk restraint in today’s luxury market

Despite soaring land prices and big-ticket property sales to match, industry experts at The Real Deal‘s New Development Showcase & Forum in May said that compared with other cycles, the market is more “disciplined” and “as healthy as it’s ever been.” In the above panel, which was moderated by The Real Deal publisher Amir Korangy, HFZ Capital Group’s Ziel Feldman, The Moinian Group’s Joe Moinian, Alexico Group president Izak Senbahar and the Marketing Directors’ Adrienne Albert discuss New York City’s luxury market, foreign buyers snapping up high-profile properties and Mayor Bill de Blasio’s proposed mansion tax.

[“source-therealdeal.com”]