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Something I wrote a few days ago- If I were to sum up the Real Estate Market in few words, I would say “Summer? What Summer?” I meant that despite this being the hottest summer on record, the market seems to have continued apace. Now that we’re in August, I’m not sure that’s exactly true,Read more

Writing about mortage rates being historically low could seem incredibly boring after so long. Yes, rates are low and have been for many years. I’ve enjoyed feigning boredom in these posts. But these rates are incredibly exciting. How many people are taking advantage of lowering their monthly payments? I guess on some level I’m likeRead more

The Real Deal reported the following, which was bounced around internally. Very much worth sharing with you: In May 2012 the number of Brown Harris Stevens exclusive Manhattan listings increased 7% compared with May 2011. This speaks to the continued great strength of our brand. In May 2012 the total dollar volume of Brown HarrisRead more

Over the last year or so, the top end of the market has outperformed the rest of the lower segments. This seems to be continuing to a degree, but the rest of the market is catching up, performing admirably as well. If Marie Antoinette said “Let Them Eat Cake”- and we take that attitude asRead more

My month was spent looking at New Developments both in New York and Israel. More specifically, Tel Aviv in Israel and on the West Side in Chelsea and Clinton. I know that I’m a New York City broker, but my week in Tel Aviv was eye opening, in terms of views these towers offer, theRead more

Very few units have hit the Spring market. 422 west 20th is one of them. Nearly everything was in contract by the time the word spread; the west chelsea adherents snapped up the units quite quickly. My feeling on the building was that it attracts a narrower band of buyer than is typically meant toRead more