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One of my favorite phrases to come out of finance- and there are plenty of them, given that my works puts me in contact with many men and women in finance- is the notion of “talking your own book.” What this means is that someone is essentially something in their own interest, or book ofRead more

For this post, let’s try to steer clear of new development and focus on the resale market. Frankly, there’s enough negativity about the new development market, much of it unwarranted. Yes, there are a number of new developments that will struggle to secure construction financing, and I’ve written about the saturation of smaller projects inRead more

Are you sick of this presidential election yet? I am bone weary it. It’s so ugly! Of course, in Manhattan, Trump means a lot more than the TV show and his recent circus act, or at least he used to represent other things. Lots of noise. I have this white noise machine in my 4-monthRead more