A lot of ink and digital 0’s and 1’s have been used to talk about Millennial behavior. Some hay has been made over various reports on whether they like to work hard, need work/life balance, are willing to put in their time at banks. Are they living with their parents? Will they move to the
READ MORE
When our Annual Market Report comes out, generally there’s some fanfare. This year’s report, however, also covers 188,000 sales back to 2003. So, for anyone looking that far back for trends, this is a deep dive into the all-you-can-eat data dump. For those less inclined to read the 30-page monster, the 14-page 4th quarter report
READ MORE
Let’s start with the idea that saving NYC money is a good thing, if it aims to keep taxes from growing too quickly. Lower costs mean that it’s easier for people to live and prosper in the city. If there is an intersection of saving money and doing good for the environment, that is a
READ MORE
Zootopia My kids saw Zootopia recently, and so rabbits and sloths (and other animals) are on my mind. The trailer is particularly great, featuring a rabbit and a fox at the NY State DMV. I mean, a fictionalized DMV full of sloths. So let’s start there: Buyers seem these days to be of one of
READ MORE
Well, I’m back on the horse, as it were. Only an hour from Manhattan, the Monmouth County Park System hosts a marvelous half marathon, called the E. Murray Todd Half Marathon. A friend and I decided to run it as my first half marathon back since rehabbing through 2015. If you follow these posts, you’ll
READ MORE
IN BETWEEN SEASONS The question that I’ve been getting lately, pretty much every day, is some version of, “Has the market slowed down?” A legitimate question, no doubt, as some signs point to a slower market. At the moment, though, I’m finding it challenging to come up with a definitive answer. In the past few
READ MORE
We are back on the horse – new new developments have started to open sales office following the December break. The most impressive new one is 180 East 88th Street, which will be the tallest building north of 86th Street, at 520 feet. It will remain the tallest for probably a year, until Gary Barnett’s
READ MORE
There has been an awful lot of noise about the Real Estate market in New York in the past few weeks. Is it hot? Is it cooling? Reporters cite plans for one Central Park South being put on hold as conclusion-worthy news. Can we really extrapolate from that to the whole market? What does the
READ MORE
Everyone is running off to visit family, sitting on a beach, or enjoying unseasonably warm weather right here in NYC. I hope you’re not trying to ski! But I do hope you’re getting a break to take it all in, wherever you are. Those of us who get to live in New York City are
READ MORE
Last month I wrote that I enjoyed how well-appointed the new developments are in this real cycle, as opposed to in 2004-2008. Now, almost every building offers far higher prices and delivers commensurate finishes. Of course, a few buildings were built and designed as rentals, and converted to condominium to take advantage of a rising
READ MORE