I’m distraught. Or, at least a little miffed. I’m trying to understand what is going on in the market. It’s a combination of getting data points from every real estate person I speak to, combined with speaking to my buyers, seeing traffic at my sales listings, speaking to developers, and reviewing market reports. Here are
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Real Estate has rarely been at the cutting edge of technology. Many startups have crashed on the rocks, approaching the shores of Real Estate Land, whether trying to disrupt the rental market (see the fun going on right now with Streeteasy), rental insurance, property and casualty insurance, information about commercial real estate, what have you.
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I have heard that drinking makes most things better. Even vasectomies, apparently. So, as I normally write these blog posts about Real Estate, let’s talk about drinking alcohol and drinking the Kool Aid. It’s the middle of summer. Usually things get a bit slower. We have a moment to look around. I’m reading articles about
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Someone once told me that “In New York, the hard stuff is easy, and the easy stuff is hard.” It would seem that the easy stuff is getting a lot easier these days: Renting a car (Zipcar), shlepping to the grocery store, shopping in general, or just about every other technology that has made life
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The question that I continue to be asked is why the market in New York remains sluggish. One agent told me he thinks it has actually been slower for longer than it was in 2008 into 2009. One factor which could cut either way- that is, could either be causing a continuation of a slowdown,
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Cranes are everywhere. Whether it’s the proliferation of glass towers in Long Island City, or the highest of the high end along 57th Street, where the Nordstrom Tower aims to set a record of $4BB in sales in one building. Downtown, along Houston Street and Delancey, the Lower East Side is exploding with new projects
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I have been reading a lot of articles about millennials and their issues. Specifically, I think about those issues that impact their ability or interest in buying apartments. What Did I Find? Recently, a lot of conflicting articles. Are millennials having trouble buying? Are they stepping up their purchases? The WSJ seems to be writing
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I love when I pitch an idea to the New York Times and it runs. I love it a lot less when I don’t get quoted, and my amazing properties aren’t featured! All I will say is that I wrote about the L Train shutdown a few months ago- what I think happens to renters
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In years past, we have seen a very active “Spring” market starting as early as February. I’ve seen a busy buying season that didn’t miss a beat all the way through the summer, when it felt like no matter when a unit hit the market, that there was a flood of buyers through an open
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I love thinking about the bigger aspects of the Real Estate industry, and I went a little out of my comfort zone last month when I ranted quite a bit about Streeteasy, without question the #1 platform for buyers to start their real estate search. In short, Streeteasy, branded as Zillow everywhere else in the
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