Blog

  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

There have been some stunning new projects coming to market, even as much has been made of sliding sales volume at the high end. I got to visit two well-located projects, 101 west 78th Street and 121 East 22nd Street. The first is a rehabilitation of a gorgeous building from another century. The second isRead more

We have been waiting to see our end of 2013 data, as compiled by BHS’s chief economist, Greg Heym, before sending our first newsletter of the year. Sorry for the delay! And Happy New Year! This data includes/offers the latest Absorption Report. On the heels of the State of the Union, the state of theRead more

As I expected, I was able to see a few new developments this past month, and review them I shall. These buildings might be considered the “bread and butter” type of properties that are sorely lacking in the marketplace. They have been incredibly successful to date. Apart from 22 Renwick, what they share is thatRead more