Someone once told me that “In New York, the hard stuff is easy, and the easy stuff is hard.” It would seem that the easy stuff is getting a lot easier these days: Renting a car (Zipcar), shlepping to the grocery store, shopping in general, or just about every other technology that has made life
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The question that I continue to be asked is why the market in New York remains sluggish. One agent told me he thinks it has actually been slower for longer than it was in 2008 into 2009. One factor which could cut either way- that is, could either be causing a continuation of a slowdown,
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Cranes are everywhere. Whether it’s the proliferation of glass towers in Long Island City, or the highest of the high end along 57th Street, where the Nordstrom Tower aims to set a record of $4BB in sales in one building. Downtown, along Houston Street and Delancey, the Lower East Side is exploding with new projects
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I have been reading a lot of articles about millennials and their issues. Specifically, I think about those issues that impact their ability or interest in buying apartments. What Did I Find? Recently, a lot of conflicting articles. Are millennials having trouble buying? Are they stepping up their purchases? The WSJ seems to be writing
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I love when I pitch an idea to the New York Times and it runs. I love it a lot less when I don’t get quoted, and my amazing properties aren’t featured! All I will say is that I wrote about the L Train shutdown a few months ago- what I think happens to renters
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In years past, we have seen a very active “Spring” market starting as early as February. I’ve seen a busy buying season that didn’t miss a beat all the way through the summer, when it felt like no matter when a unit hit the market, that there was a flood of buyers through an open
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I love thinking about the bigger aspects of the Real Estate industry, and I went a little out of my comfort zone last month when I ranted quite a bit about Streeteasy, without question the #1 platform for buyers to start their real estate search. In short, Streeteasy, branded as Zillow everywhere else in the
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Earlier this month I was very happy to be sitting in a terrific presentation about Waterline Square, the last undeveloped parcel of the 57th-72nd Street Stretch along the Hudson River. What can I tell you? Under development by GID Development based in Boston, who owns about $16B in real estate, they have launched what should
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The Spring Market is typically our strongest in NYC, and as I’ve gathered from most housing markets, the strongest everywhere. People want to buy so that they can move in during the summer months, do small renovation work, and get settled before the school year. So here we are. Our latest report on how fast
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I think Heraclitus wrote: “The only constant is change.” Much better than I would put it, and apropos of what’s shifting in the NYC housing market. As I experience and watch the housing market in Manhattan and Brooklyn, travel from neighborhood to neighborhood, I realize the challenge that even I face to be able to
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