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
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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
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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
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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
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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
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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
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Well, I was only wrong by eighteen months! I had assumed and written here that mortgage rates surely would start going up by mid-2014 and had pondered their impact long before today. I even recall having a conversation during the summer of 2013 while running with a very smart guy, who was asking me how
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I decided, as I mentioned, to break out some more conceptual thoughts from more down and dirty market thoughts. Though this month, my mind has been more on trends and less on deal-by-deal activity. Last week I went to revisit 30 Park Place, which will be Larry Silverstein’s most recent residential development, and the Four
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Thank you to everyone who was able to attend my recent client event. Georges Berges has placed his gorgeous gallery in SoHo, keeping a tradition of cutting edge contemporary art in that neighborhood alive and well. Not to mention an amazing photo of Prince right before he became a rock star, in 1977. And a
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One can’t help but have an opinion on the incredible buildings and construction that is part of current offerings to the Real Estate Gods. To whatever extent I put myself in a position to “judge” these projects, there probably is some disclaimer required. I am not an architect, but after 15 years as a
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