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York

Commentary

Congratulations, Wall Street (and NY real estate brokers)!

by Bea Chenowitz | December 18, 2006

The much-awaited Wall Street bonus news have come out last week, with Goldman Sachs announcing the highest annual earnings in Wall Street history, allowing the investment bank to pay out a whopping $16 billion to eligible employees. That is over $600,000 per employee, with some high producers possibly earning as much as $100 million.  Other investment [...]

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Commentary

Landlords vs. Tenants

by Bea Chenowitz | December 15, 2006

An article in the Sunday issue of the New York Times (“A House Divided:  Uncivil War on E. 73rd Street,” 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 [...]

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Architecture

Feng Shui Maniac

by Bea Chenowitz | November 29, 2006

When I discuss with friends about buying real estate in Manhattan, and specifically about why my husband and I have not been able to find anything for years, I always blame him (out of his earshot, of course). He happens to be one of those people who want a perfect home, and we all [...]

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Commentary

A Glut in New Constructions in New York?

by Bea Chenowitz | November 22, 2006

The million dollar question is, is it true that there is a glut of new constructions in New York City? When the word “glut” is used, it conjures up the image of empty apartment buildings with no takers, which is pretty extreme. But is there some truth to it?
Take 15 Central Park West, [...]

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Blogs

New Twist on the Dilemma of City vs. Suburbs

by Bea Chenowitz | November 15, 2006

For city dwellers with children, there is always this dilemma of whether one should move to the suburbs. The case for the suburbs is pretty cut and dry: there are the obvious lifestyle reasons such as more space for children to run around, and also financial ones, like being able to send kids [...]

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BiggerPockets News

Greetings from New York!

by Bea Chenowitz | November 10, 2006

Thank you, Josh, for inviting me to join the Biggerpockets.com blog community! And I also wanted to congratulate him on his recent nuptials & honeymoon to Thailand & Hong Kong. I’ve spent some time there myself, & they are such amazing places to visit, Thailand with its exquisite beaches & Hong Kong with [...]

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BiggerPockets News

New Contributor to Real Estate Investing for Real

by Joshua Dorkin | November 10, 2006

I wanted to extend a warm welcome to Bea Chenowitz, a new contributor to our blog. Bea is a wonderful writer from New York, and will help share her unique views of this crazed real estate market.
Here is a brief bio she threw together for us:
“I have lived in New York City [...]

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Economy

Biggest Drop In New Home Prices In More Than 30 Years

by Charles Feldman | October 27, 2006

Interesting news the other day out of the Commerce Department and reported in the New York Times about new-home prices: The median price (the statistical point where half the houses are priced less but half are priced more) of a new house nosedived 9.7 percent last month when compared with the same month one year [...]

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Real Estate Deals

Largest Housing Plan For Middle-Income New Yorkers In Three Decades

by Charles Feldman | October 20, 2006

Location…Location…Location. The battle cry of real estate brokers. And, location is what a new “landmark” plan for middle-income housing in New York City has: Directly across the river from the United Nations in Queens…24 acres!
New York City Mayor Bloomberg made the announcement and, according to Jill Gardiner’s account in The New York Sun, the city is [...]

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Blogs

New York Times Blog “The Walk Through” Shuts Down

by Joshua Dorkin | September 12, 2006

After recently launching two new real estate pages to their site, Great Homes and The Home Finance Center, the New York Times announced yesterday that they would no longer be operating their real estate blog.
Apparently the NY Times couldn’t focus on all three areas of their site at one:
As you may have noticed, [...]

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