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I haven’t been writing as much on new development of late. In this case, I wanted to think through what buying in a particular new building would look like if you decided, from the building, that you would be buying as an investor. In this case, after five years, the math could work so thatRead more

The question that was put to me last week: “Does a building’s rules to allow pets, specifically dogs, impact the value of a property?” I have sold about 25 units in a building on the West Side that has not allowed dogs in many years, so the question isn’t new to me. Some shareholders wereRead more

  This month I’ve been thinking about washers and dryers. What are they worth in a property? What is the discount if they aren’t allowed? This is such a NYC video. Almost everyone outside of New York City has laundry in their homes, but here, having a washer/dryer inside your apartment is subject to buildingRead more

I feel like I’ve kept my thoughts fairly compact this month while observing the market carefully. I can’t say I’m fully convinced we’re moving in a direction yet. So I’ll keep the predictions to a minimum… My takeaways today are: Buyers are actively looking Buyers are bidding, just at lower prices Sellers are starting toRead more

If you’re reading this, I want to thank you. You are certainly among the special folks who prefer reading their news to watching on video. She likes to read my blog; he likes the videos. I’ve had a lot of fun recording the videos of the last couple months, and will continue creating content forRead more

About two years ago, I “found” Marie Kondo and her mega-bestseller The Life Changing Magic of Tidying Up. As with most things, the concept is not that hard to grasp. Start with the easiest stuff (clothes), throw them all on the ground, and get rid of things that don’t make you feel good. Move toRead more

I think Heraclitus wrote: “The only constant is change.” Much better than I would put it, and apropos of what’s shifting in the NYC housing market. As I experience and watch the housing market in Manhattan and Brooklyn, travel from neighborhood to neighborhood, I realize the challenge that even I face to be able toRead more

As I wrote about last month, Streeteasy rolled out a customized version of a program for real estate agents, similar to what they are doing branded as Zillow or Trulia across the country. March 1st, agents were able to “purchase” zip codes. Actually, they were able to purchase a percentage of the time that theirRead more

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 “OffensiveRead more

Over the last few weeks, I have been asked from time time to sum up my thoughts on the market. One recent morning I responded, “I think we’ve seen the end of aspirational pricing for some time.” Something about that comment seemed to resonate with me. What do I mean? First, I do not intendRead more