Thought I would cover two additional developments this month, one which I had seen about six weeks ago and forgot to write about (!), The Schumacher, and 71 Laight Street, The Sterling Mason. They have a good bit in common, beyond both being downtown. First, the Schumacher. I’ll quote the website: “A historic Romanesque Revival-style
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When my customers are emailing and calling right now, they all want to know about 10 Madison Square West. Naturally, when the inbox has an invite from the sales office to preview the units before they hit the market, I make sure to be there! Finally, we are seeing some inventory beyond the very large.
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While it has been about four years since the lows of the market in 2009, that time for me seems both far, far away, and still strongly memorable. Empty open houses, few bids, few inquiries, few buyers who wanted to move forward. The busy days of 2005-2008 seemed incredibly far away for that year. As
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At this stage, while the market is so strong, perhaps it’s better to look at what is still not selling, where the gaps are in the marketplace, the holes where things aren’t trading. Given the activity in the marketplace, I completely understand why some sellers would be furious that their property isn’t selling. The article
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As I expected, I was able to see a few new developments this past month, and review them I shall. These buildings might be considered the “bread and butter” type of properties that are sorely lacking in the marketplace. They have been incredibly successful to date. Apart from 22 Renwick, what they share is that
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I thought I would post this again as my May newsletter goes out. I had written this in late April. Thought you might like to read it. _______________________________________________________________________________ Dear Friends: It’s taken me a week to process all the goings-on from last week. I still can’t believe that the one year I chose to run
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Hello dear readers, Not only will we all be sending our taxes or filing extensions, but 25,000 registered runners and not fewer than 5,000 unregistered runners (Bandits!) will be running the Boston Marathon, yours truly included. For all of you who were kind enough to contribute to my fundraising this year, I raised nearly $6000
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The rollout of new developments of late has been targeted exclusively at the high end of the market. My complaint over and again has been the lack of “bread and butter” apartments. This has resulted in a nice bump in pricing for resale condominiums, riding the coattails of new development asking much higher prices. This
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Many prices have rebounded or have well exceeded their 2008 highs. And without the crystal ball with so much action in the marketplace, it may make more sense to take a break from this crazy market and look back over the last ten years. Our chief economist has processed over 145,000 sales to zoom out
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In less than 4 weeks, I will be running the Boston Marathon. I have been the recipient of tons of fundraising dollars over the years as I have trained for and run 12 marathons over the last few years. Other than Real Estate and my family, running has been a terrific passion of mine. I
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