Blog

Someone once told me that “In New York, the hard stuff is easy, and the easy stuff is hard.” It would seem that the easy stuff is getting a lot easier these days: Renting a car (Zipcar), shlepping to the grocery store, shopping in general, or just about every other technology that has made lifeRead more

I remember fondly back in 2006 or 2007 when the $1000 per square foot barrier was being broken again and again all around Manhattan in the condominium market. Fast forward a decade, we are seeing a range of prices for resale condominiums in the range of $1300, $1400, $1600 per square foot for run-of-the-mill renovatedRead more

Zootopia My kids saw Zootopia recently, and so rabbits and sloths (and other animals) are on my mind. The trailer is particularly great, featuring a rabbit and a fox at the NY State DMV. I mean, a fictionalized DMV full of sloths. So let’s start there: Buyers seem these days to be of one ofRead more

I took the new 7 train to Hudson Yards (so exciting!), with an eye on heading down to see everything new going on along the Highline. Apart from visiting the interesting Lego Project happening at 30th Street on the Highline, I prepared for this tour with a separate trip to the Soori Highline sales office.Read more

As I’m writing this, we remain in the middle of a full-fledged seller’s market, not to mention a lovely summer – barring the last couple of muggy days. Just as geographically regional clothing style (or regionality in general) seems to be fading, as information transmits more quickly than ever, so, too, am I reading articlesRead more

New construction, at the moment, is drawing stunning levels of interest. As I mentioned in my last post, we’re seeing construction at levels unvisited since 2007, despite a spike in land prices of nearly 300%. The result is an exclusive focus on the high end. A few data points: I’m counting more than forty DowntownRead more

Our 2nd quarter market report gives plenty of data points, but I’ll offer a few highlights and some takeaways, both from the report and not: 2nd Quarter Market Takeaway The quarter’s topline “average price,” 19% higher, year over year, is essentially meaningless. This average is too skewed by a few very large transactions. In neighborhoodsRead 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

Onto the exciting and “if you have to ask” pricing of 737 Park! Harry Macklowe threw a special Brown Harris Stevens brokers event last night, thanking us for being the most active brokerage in the so-far $250mm in sales in the building. This is, technically a pre-war building, built in 1941, which Harry told usRead more

My month was spent looking at New Developments both in New York and Israel. More specifically, Tel Aviv in Israel and on the West Side in Chelsea and Clinton. I know that I’m a New York City broker, but my week in Tel Aviv was eye opening, in terms of views these towers offer, theRead more