Archive for June, 2008

Manhattan’s “Weekend Recap” In Real Estate 6-30-08

Manhattan’s “Weekend Recap” In Real Estate 6-30-08

This weekend was filled with so many celebrations. From Spain defeating Germany in THE Soccer match, The Gay Pride Parade held on through the rain, two friends were married, another had a birthday and I celebrated my 11 year anniversary being in Manhattan. The market and real estate world may not be celebrating after last weeks stock market activities [...]

New York City Anniversary 1997-2008

New York City Anniversary 1997-2008

Eleven years ago today, I arrived in New York City.  I moved with two suitcases, knowing no one in Manhattan and didn’t even think of having a cell phone.  A lot has changed since then now a large moving truck will need to move me, I have made many great friends here and I think I am on my [...]

Mortgage Mayhem in Manhattan?

Mortgage Mayhem in Manhattan?

MAYHEM!!!  Say it isn’t so.
The process of purchasing a coop deal in Manhattan usually involved four basic steps.  The first step being the marketing and showing, the second negotiating then accepting an offer, third the buyer application process, and finally the closing.
This story begins with a really nice couple, who came to an exclusive I [...]

25 Percent Increase in New York Foreclosures

25 Percent Increase in New York Foreclosures

Foreclosures in New York may be catching up to the rest of the country.  Not so sure about Manhattan, but we definitely have not seen the last of this shift in the economy.
                       
This excerpt from the Business Review in Albany sites concern. As  Jim Ader, CEO of Greater Capital Association of Realtors was quoted:
“Our [...]

NYC Abatement Program Extended For Four More Years

NYC Abatement Program Extended For Four More Years

This past May, The NYS Legislature passed the continuation of the abatement program for homeowners in New York. This will continue through June 11, 2012. This is the fourth time that this tax abatement was extended since first enacted in 1996. The new law mandates that the City develop a better program  and more permanent plan [...]

Top 10 Condos in NYC for 2009

Top 10 Condos in NYC for 2009

It is not a new skyline above, or is it?  As you can see there is a different view shaping up in Manhattan.  With sleek styles and unique shapes NYC is getting a few new profiles to the famed Manhattan Skyline.
The top ten list is in compiled from varying sources.  Some of these are amazing [...]

The Real Deal: Condos On The Chopping Block

The Real Deal: Condos On The Chopping Block

As sales have slowed and inventory has grown, developers are clamoring to move new development condo units, many by adjusting prices and/or offering incentives to buyers and brokers alike.

Price cuts are outpacing price increases, and prices appear to be falling on the whole in the two most active boroughs for development, Manhattan and Brooklyn, particularly [...]

Get Out and Vote- Manhattan’s Best

Get Out and Vote- Manhattan’s Best

The Polls are open.  I’m not talking about Obama and McCain, but Manhattan’s Best…the race is on.
City’s Best list featured on AOL is a great source, even for non New Yorkers.  Check out this Ballot and check out some of these tried and true establishments.   Click here for the Best Ballot. 
Come on go cast some votes [...]

Buyers Have a Job Too!

Buyers Have a Job Too!

Usually we hear a lot of discussion about real estate agents, what they should and shouldn’t do and say, whether they represent buyers or sellers. What seller’s must disclose and be “realistic”. However,  we don’t hear much about buyers and there responsibilities.
 
Recently, I had a deal fall apart and in this scenario the buyers were a [...]

290 Mulberry Street

290 Mulberry Street

290 Mulberry Street- Core Groups latest and greatest in NOLITA.

Details and such
Architectural firm SHoP Architects heads up this project that the firm describes as “an expression of contemporary living.”  The interior (also done by SHoP) executes this concept in nearly every aspect of each residence.  “Inspired by past architectural styles of the area, the facade [...]