Tag: Supply

risk, revisited / I am still a coward, but the 'brave' did not sell (yet)

checking back on the SpringI recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky

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am I a coward? assessing + bearing risk in a risky world

a rumination (bear with me)I tell owners in this market that my job is to protect their equity and get them on their way (to whatever is next in their lives) with as much money in their pocket as possible.

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Manhattan as

  I post lasted week about “economic rent” and how “the fundamentals” must be different in Manhattan compared to most places in America, my theory being that coop and condo prices in Manhattan are driven more by demand-side issues than

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