The hot Manhattan commercial real estate market is likely to remain strong

"This extraordinary run-up in rental rates is going to continue through 2008 and into early 2009," the 23-year veteran commercial broker told the Reuters Summit. "There is just not a lot of space around and not a lot of big blocks of space."

Part of Manhattan Clock Tower to Robert De Niro

Did you know his middle name is Mario? Lev Leviev probably does, because the Israeli-Russian property baron is negotiating to team up with world-famous actor Robert De Niro in real estate investments. De Niro's full name surely appears somewhere in the paperwork.

Financial Levers teaming up with Tao Tsuot to buy Manhattan property

Financial Levers (TASE: LVR) (Manofim) and Tao Tsuot (TASE: TAO) are teaming up in negotiations to buy two buildings in Manhattan for $800 million.

Buying in the Big Apple

After doing some research, I found properties that are affordable in every neighborhood from Downtown to the Upper East and West Sides. By affordable, I mean if you are in the high five-figure to low six-figure salary bracket and know you are not changing job locations in the next few years, there is a property for you, you and your spouse, or companion.