this explains some of the funny (non-round) numbersThis may be a bit too inside baseball for some (many?), but the way New York City reports real estate sales prices changed in March, and The Real Deal stirred things up this…
Category: manhattan real estate business
sales price kerfuffle, as ACRIS changes, so does StreetEasy, but world does not end
Tagged with: Acris, Closing Costs, Comps, East End, New Development, Real Deal, Streeteasy, Transfer Tax, Urban Digs
suing, shaming + publicizing your problems / a fraught cost-benefit analysis
rocks + hard placesIf I hadn’t gotten distracted on Tuesday by other recent news and expanded a draft post into the politics, wisdom or inanity of airing dirty linen about your coop or condo, I would have focused on the…
the politics, wisdom or inanity of airing dirty linen about your coop or condo
something in the water??I had intended this morning to do a post focused on one particular dispute between a condo developer and unit owners in Brooklyn, but then I saw an article in today’s NY Times airing angry emails between…
Tagged with: Condo Board, Construction, Coop Board, Green, Leed, Litigation, New Development, Publicity, Shareholder Meeting
balcony problem a deal-beaker? or, another disappointing major media Manhattan real estate article?
or, is Manhattan Loft Guy just getting cranky?I was pleased to see that NY Magazine ran a recent S. Jhoanna Robledo on-line piece asking — among other things — "do buyers care [about the recent press about dangerous balconies]?". I…
Tagged with: Balcony, Department Of Buildings, Due Diligence, Insurance, Liability, Ny Magazine, Ny Times, Risk
outsmart the market? or, write a dumb headline?
curmudgeon much??I got very confused reading the lead-front-page-above-the-fold NY Times article in today’s Real Estate section, Five Ways for Buyers to Outsmart the Market because — for some reason — I kept looking for ways that buyers could outsmart the…
are shareholders aware when they reduce value?
anecdotes illustrate, MLG goes on and onInteresting post last week by the ever-thoughtful proprietor of True Gotham, Market Heats Up? and Your Building’s No Pet Policy May Be Costing You a Fortune. I am most interested in the second part of…
Tagged with: Coms, Coop Boards, Down Payment, Garden Outdoor Space, Neighbors, Open Houses, Pets, Rules, Terrace, True Gotham
contract litigation goes against greedy sellers
buyer lost job, then mortgage, then deal (not baby, or case)These things don’t often get litigated, probably because there is not enough money involved to justify the fees and because people (generally) do the right thing. But a Manhattan coop…
the case of the curious “typo” / 41 Rushmore buyers get to rescind
Real Deal trumps NY Times [with April 16 update, below]The fascinating story of 41 in-contract buyers at The Rushmore being granted the right to rescind their contracts is not a Manhattan loft story, but it is a Manhattan new developments…
Tagged with: Attorney General Rescission, Extell, New Development, Ny Times, Real Deal, Typo, Zrushmore
inventory numbers: different firms, different issues
why can’t we all just get along?Back to real estate here, as I see that five of the last 13 posts have been of the Caution: no real estate content variety, but these things run in cycles…. I got…
Tagged with: Absorption, Bhs, Corcoran, Halstead, Inventory, Property Shark, Quarter, Sales, Streeteasy
babbling in the Real Estate Industrial Complex / NY Magazine edition
does EVERYONE want to live in the Village?I probably take boozy (and woozy) press coverage about the Manhattan real estate market more seriously than most people (I hope so, for their sake), but this bit of drivel from a…
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