It was bound to happen sooner or later.
The real estate bust of 2008 is finally having an impact on one of the last hold outs, New York City.
Manhattan, in particular, seemed all but immune to the current subprime mortgage mess mostly because foreign buyers were able to take advantage of the declining value of […]

Popularity: 11% [?]

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Thanksgiving is a time of year where people will traditionally pause and reflect and give thanks for their good fortune. For me this is relatively easy because I have so much to be thankful for. Many people are not as fortunate, some a victim of circumstance and others suffering the consequences of poor […]

Popularity: 19% [?]

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There is a land where the normal physics of real estate does not hold sway; a place so special, those who reside there are seemingly inoculated from the everyday concerns of mere mortals.
The housing bubble may burst; the credit may crunch; the mortgage industry may go so far south that Bolivia would be akin to […]

Popularity: 32% [?]

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Earlier today I read a discussion about someone in New York City who was looking for a real estate buyers agent to help them find a co-op. In their search, they found a realtor who agreed to help them, but required $495 up front to work with him. I, like many other […]

Popularity: 15% [?]

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A few days have passed in 2007, and there are a few stories I think are worth a look. Enjoy!

Manhattan real estate market remains strong
The Manhattan Market is INCREDIBLE! “The average price of a Manhattan apartment rose to more than $1.14 million in the fourth quarter of last year, up 5 percent compared […]

Popularity: 9% [?]

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An article in the Sunday issue of the New York Times (“A House Divided:  Uncivil War on E. 73rd Street,â€� December 10, 2006) describes a dispute between a landlord and an unhappy tenant in a tony Upper East Side brownstone of New York City.  A battle like that is always a case of someone’s word […]

Popularity: 8% [?]

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Living in New York City can be a strange experience.  Your life as a nobody can literally intersect with the lives of the rich and famous.  It’s probably the same everywhere else, but because of the city’s population density (8 million crammed into 5 boroughs) and its concentration of celebrities, this can feel more intense.  […]

Popularity: 22% [?]

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