Happy almost Halloween. When did Halloween become such a major holiday, anyway? Since it’s top of mind, I am using it to share my thoughts on the state of the market right now. Is it scary? A little. But that’s probably sensible, given the mixed messages we’re getting every day. Massive sales across the New
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I hope that you are gearing up for the best day of the year in New York City – running or watching the New York City Marathon this Sunday! I have made a commitment that if I’m not running it, I definitely go out to cheer on the runners. Perhaps you are you running! The
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Parties, parties, parties. Every week this month there has been a broker event for a new development launch. I’ve been at blowout parties for 275 West 10th Street and Zaha Hadid’s new project at 520 West 28th Street, a lunchtime event at 118 East 59th Street (my firm is handling marketing and sales for this),
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At some point, mortgage rates must go back up, but I’ve just about given up trying to guess when that will happen. I can remember conversations back in 2009 and 2010, the substance of which was that hard assets will be a smart play. As inflation comes in, real estate, among the long list of
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After a seven-month hiatus, and a month early, your favorite running broker finally was cleared by the kind folks at Hospital for Special Surgery to begin a running program! For someone accustomed to running marathons, the irony and relevance here of “it’s a marathon, not a sprint” does not escape me. Essentially, I am starting
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I took the new 7 train to Hudson Yards (so exciting!), with an eye on heading down to see everything new going on along the Highline. Apart from visiting the interesting Lego Project happening at 30th Street on the Highline, I prepared for this tour with a separate trip to the Soori Highline sales office.
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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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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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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 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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