Development Eye Candy, December 2016: Extell & Anbau and "Off-Block" Development


For anyone who has read my previous new development posts, I’m not writing as a former architect or an interior designer. I’m writing as a real estate agent, someone who is quickly inspired or turned off by what I see. I’m certainly writing with the buyer in mind, looking at what works, what projects have
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Pulling The Housing Market Back From The Precipice


As Real Estate Agents, I have been looking for reasons to justify why 2016 was a slower year for sales volume. We can blame Trump for it- It seems like a popular move these days. But looking at other reasons, I was featured in a recent Bloomberg article where I discussed the notion of “Offensive
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The L Train and the Second Avenue Subway, Vision and the Next New Neighborhood


Second Avenue Subway Is Really Opening! This is a follow-up on what I had written earlier in the year about the L train, along with some new thoughts on the Second Avenue Subway. If you’ve not been on the East Side in the last couple of months, the future really is almost here. The subway
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Has Trump Changed the Housing Market?


One of my favorite phrases to come out of finance- and there are plenty of them, given that my works puts me in contact with many men and women in finance- is the notion of “talking your own book.” What this means is that someone is essentially something in their own interest, or book of
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Are You Hate Reading the Real Estate Section?


Ah, the love-hate relationship people have with their New York City real estate. Right now, I’m hearing a combination of people bashing new development, and people oohing and aahing about it. What I’m hearing: “The designs are amazing.” “These designs are awful.” “I love the windows!” “How do people don’t live like that!” “Classic Pre-war
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Frozen Markets? Fresh Inventory? Buyers in Search of Value


For this post, let’s try to steer clear of new development and focus on the resale market. Frankly, there’s enough negativity about the new development market, much of it unwarranted. Yes, there are a number of new developments that will struggle to secure construction financing, and I’ve written about the saturation of smaller projects in
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10 and 15 Hudson Yards – a Follow Up and a new Sales Office


Hudson Yards is open for business. I had sat in a presentation about Hudson Yards what I had thought was a year ago. Turns out that it was THREE years ago. And I wrote about it, which you can visit here: https://harrisresidential.com/hudson-yards-north-chelsea-what-the-excitement-is-all-about/ What has happened since then? The 7 train opened about 18 months ago
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A Reminder to go and Cheer on November 6th! A NYC Marathon post


On November 6th, 2016, there will be a lovely distraction from the toxic sludge that is your Facebook Feed. That’s right! Photos on Facebook of all your friends who will have run the NYC Marathon! Don’t wait to see the photos. Go and check it out for yourself! Upper West Side and Upper East Side
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The Great Repricing Begins


As someone who’s default sentiment is optimistic, times like these require a little patience. Instead of some monolithic market from top to bottom, I am watching lots of mini-markets that do not operate in sync with one another. We have the most recent absorption reports that show quite a mixed bag. Uptown on the West
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Why I Write My Own Blog Posts


Are there weeks and months when it’s slightly annoying to sit down in the middle of a busy market and write blog posts? Yes. Is there a chance that I might repeat myself month to month? Or that I might be wrong? Or that I might offend a developer because I don’t love his building
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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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