A Review of the Greenwich Lane Condominium Development


(by Elaine Ely) The Greenwich Lane, a new development collection of five buildings and five townhouses soon to encompass half a West Village block, aims to satisfy everyone, with new construction interspersed with restored Prewar buildings, even saving Prewar facades, if little else. Modern amenities, Village vibes, incorporated green space, and abounding floor plan options
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Want to Run to Citi Field?


The US Open usually means two things: first, a heat wave surely will be upon New York City, and second, summer is over. This year, the US Open came and went with almost entirely pleasant weather, a shocker for August and early September. That the Mets in nearby Citi Field have been playing so poorly
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New Development Wrap-Up August 2014


August has been a slower New Development month, so I’ll give shouts out to two very different developments I visited: 135 West 52nd Street and 1110 Park Avenue. YIMBY, one of my favorite sites, has a nice shot of ongoing construction. I visited the 135 West 52nd Street sales office, in the base of the
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Who Wants to Run To NJ?


I was looking to share a fun run that is easy to access. I realized that I’ve written about heading to the Bronx, enjoying Van Cortlandt Park, but that I hadn’t gotten you to New Jersey!! So for this month, here’s our route up and over the George Washington Bridge. Before you conjure up images
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What to Expect in the Fall – Top 5 Market Predictions


Hello, everyone! I hope you’re reading this from a comfortable beach chair instead of an office! The market has taken a tiny breath, though perhaps it’s panting between sprints rather than breathing deeply. August always reminds me of my high school two-a-day football practices in sweltering Louisiana humidity, so I am very thankful for what
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New Development Wrap-Up July 2014


New construction, at the moment, is drawing stunning levels of interest. As I mentioned in my last post, we’re seeing construction at levels unvisited since 2007, despite a spike in land prices of nearly 300%. The result is an exclusive focus on the high end. A few data points: I’m counting more than forty Downtown
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2nd Quarter Wrap-Up – NYC Market Takeaways


Our 2nd quarter market report gives plenty of data points, but I’ll offer a few highlights and some takeaways, both from the report and not: The quarter’s topline “average price,” 19% higher, year over year, is essentially meaningless. This average is too skewed by a few very large transactions. In neighborhoods with little condominium product,
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July Run of the Month – Bronx to Westchester (via Van Cortlandt Park) & Half Marathon Recommendations!


Before we dive into this month’s run, I want to offer two fun half marathons that I was lucky to do this June and July – perhaps you can put them on your calendars for next year. First, the Fairfield Half Marathon in Connecticut. Here is the course – plenty of hills, but the view
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The Ever-Changing Rules of the NYC Housing Game


Hope you have enjoyed what has transpired thus far in the World Cup! USA! USA! USA! Looking at the New York City Real Estate market, this game is shifting day-to-day with its own surprises. But in the market, the rules seem to shift continually, and adjusting and defining new realities. To some degree I wear
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In Search of "Non-Luxury" – June New Development Round-Up


If I set out to find new development apartments that were smaller, perhaps, geared towards first-time buyers, away from the super high end, it would be hard to find both good quality and value right now. I recently visited a few properties that I might put into this “non-luxury” category, if only because they have
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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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