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    Some truths: The housing market is ever-changing; sellers are consistently proud of their apartments; buyer psychology is continually irrational and fickle; and yet buyers always want a good deal. As I lay out my thoughts for these blog posts month-to-month, I often will find myself trying to give my readers a good visualRead more

When our Annual Market Report comes out, generally there’s some fanfare. This year’s report, however, also covers 188,000 sales back to 2003. So, for anyone looking that far back for trends, this is a deep dive into the all-you-can-eat data dump. For those less inclined to read the 30-page monster, the 14-page 4th quarter reportRead 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

For those following this monthly post about running around New York City, I encourage you to email me with suggestions about places to explore. We are planning a run from Manhattan to CitiField, as well as some running around Staten Island, which is only 8 miles from North to South in certain places. But forRead more

I saw a lot of property in the last month. Some were the last units on the market in their respective projects (that is, which are essentially nearly sold out) – the penthouses of 508 West 24th and One Morningside Park, and a unit at 61 Fifth Avenue. I’ll include a few images and thoughtsRead more

This month, I had the pleasure of seeing a few of the scads of new development sites hitting the market. I saw: 400 Park Avenue South 215 Sullivan Street 505 West 19th Street not to mention 306 West 116th (in previews in West Harlem) 400 Park Avenue South, already sheathed in its curtain wall TollRead more

Some quick trend thoughts with new developments: Super Tall Along 57th Street and nearby: 432 Park is over 50% sold, 1400 feet tall. 432 Park on the rise JDS will do its super-tall sliver building next to Steinway, 107 w 57th Tower Verre just got its cash injection and is off to the races onRead more