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In these blog posts I often write about my favorite runs around the city. On March 19th, I ran the New York City Half Marathon, which I had not done since 2007. This year’s run was a totally reconsidered course, starting in Brooklyn and finishing in Central Park. Running over the Manhattan Bridge into ManhattanRead more

A lot of ink and digital 0’s and 1’s have been used to talk about Millennial behavior. Some hay has been made over various reports on whether they like to work hard, need work/life balance, are willing to put in their time at banks. Are they living with their parents? Will they move to theRead more

Well, I was only wrong by eighteen months! I had assumed and written here that mortgage rates surely would start going up by mid-2014 and had pondered their impact long before today. I even recall having a conversation during the summer of 2013 while running with a very smart guy, who was asking me howRead more

Over 2014, my firm’s chief economist felt a growing divergence between new development sales and the resales of condos and cooperatives, in terms of new development sales skewing closing information, both in being averaged into all other sales, and because of the delays between signed contracts and closings. Our monthly and quarterly reports now reflectRead more

Our office at Brown Harris Stevens is poised to have its best year ever, possibly, exceeding the really robust numbers of 2012. The questions that loom behind the strong numbers of any quarter, or any market rally like one we’ve seen since the 4th quarter of 2009, are those that ask: Don’t try flipping housesRead more

A year (and a day or so) ago, I was writing back to hundreds of people who knew I was running the Boston Marathon, telling them that I was safe and okay. Until that point, running always had been at worst a logistical pain, or some leg cramping. I’m glad to see that aside fromRead more