53 West 53rd and 172 Madison Avenue – New Development 2.0 vs. 1.0


As I hope you read on a regular basis, I am lucky to see lots of new buildings around town, sometimes with great design, sometimes with great views, sometimes with great ideas for modern living. Rarely do I see properties that simply jump out and grab me, properties that are clearly “Best in Show” types.
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500 Words on 200 East 62nd Street


I am not going to count the words, but you’re welcome to. Perhaps it will be a few less than 500! O’Connor Capital Partners, who converted Manhattan House (200 E 66th) through the downturn of 2008-2009 and came out on the other end a star, is partnered with HIG to convert 200 E 62nd to
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The Things We Love (and Hate) about Trump


Not only is Donald Trump omnipresent in the current political discussion, but so, too, he has been around in New York City for decades before his reality TV splash. Recently, I’ve started to get some interesting questions related to The Donald: Is there a discount to purchase in a Trump-branded building because he’s so horrible?
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Shell Games & Will the NYC Market Have Too Many New Condos?


Shell Games Happy August! I first started writing about the inanity of The New York Times’ piece on condominium buyers when it came out in February. Fast forward six-months, and this conversation continues, along with other proposals trying to capture every penny of city/state income tax possible. There is an idea that because buyers put
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Pricing Gaps, That New Car Smell, & Bad Behavior – July Thoughts


As I’m writing this, we remain in the middle of a full-fledged seller’s market, not to mention a lovely summer – barring the last couple of muggy days. Just as geographically regional clothing style (or regionality in general) seems to be fading, as information transmits more quickly than ever, so, too, am I reading articles
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July Eye Candy – New Development Wrap-Up – 360 Central Park West


For this month’s eye candy, I am excited to have a development in the area where I focus a lot of my business – the Upper West Side. So here we go – enjoy! The Upper West Side, Manhattan Valley, and Morningside Heights, from 96th Street to 116th Street, have been areas that have seen
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Risks Lenders are Trying to Help You Solve


Happy Summer! Perhaps any or all of these three mortgage-related items/risks may on your mind … We’ll try to help you answer them right now. 1) How do I feel comfortable submitting a non-contingent offer on a property when I need a mortgage, and do not have the cash to buy the property outright? 2)
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The Seven Year Itch, The Presidential Year, The Theory of the Safe Haven


What will 2016 be for the New York City RE market? It is the year in which the current real estate cycle, and stock market, reaches its 7th year. It is also our Presidential election year. And yes, coming off of Father’s Day, I can tell you that my own 7-year-old is pretty amazing, but
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Mortgage Rates' Outsized Impact on Coop Sales


If I dared to look back on my prior posts, I’m sure that I would see an expectation of rising mortgage rates by the end of 2014. Now, we aren’t expected to see them until September of 2015. And, given the caution of the Fed in the last 6-7 years, who would be surprised if
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Returning to the Town Square


I feel so lucky to live in New York City. Not only is it a dynamic and energetic place, but it also serves as a wonderful testing ground for new disruptive technologies. In the last few years, we’ve seen OpenTable make reservations easier, Seamless make ordering lunch easier, Uber disrupt ordered car service, AirBnB create
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Recent Blog Posts

Deal of the Month: When the Third Time (or Agent) Is The Charm
(VIDEO) The Quarterly Report Is Old News
Deal of the Month: How to Know You’re Getting A Good Deal In the Moment—An Upper West Side Purchaser Story
(VIDEO) The One Thing You Need To Know About the Market (and ignore the rest)
My Experience with Fake Renters, aka Section 8 Ambulance Chasers
How Will The NAR Settlement (and its copycat lawsuits) Impact New York City’s Real Estate Market?
What The NAR Settlement Means For the Real Estate Industry
Apply To Be On The Pursuit Of Home Podcast
(VIDEO) What Are You Waiting For? The Manhattan & Brooklyn Aren’t Waiting For Spring to Bloom
The Silent Killer? Building Operation Costs. Here’s What Buildings—and NYC—Can Do About It.

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