real estate: "SAY NO TO DRUGS" Store Chains
- 07/03/07 01:35 AM
"Don't it always seem to go that you dont know what you've got til it's gone....
They paved Paradise and they put up a Duane Reade Walgreens
(Joni Mitchell -Big Yellow Taxi - 1970)
The other night I called The Malaysia Grill a restaurant at my corner for dinner they told me they were closing. This morning I went to my local Korean produce grocery store right next to The Malaysia Grill where I have been going for at least the past 10 years and the place was gutted.
The Korean family that owns the place were packing up. I asked what happened even though … (25 comments)
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real estate: In the Zone: Manhattan Congestion Boundaries
- 06/26/07 11:17 AM
Traffic and parking in Manhattan is a major issue. Mayor Michael R. Bloomberg has a plan to charge motorists to drive below 86th Street in Manhattan.If approved, many real estate brokers are already saying it may do more than simply reduce traffic, noise and pollution in the Manhattan business districts. They are saying that it could add an extra sense of exclusivity to what is already some of the most expensive residential real estate in the country.Mayor Bloomberg's plan for what he calls "congestion pricing" would impose fees of up to $8 a day for cars and $21 a day for … (2 comments)
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real estate: SNIFFING OUT A SALE: I Don't Just List I Market and Sell
- 04/25/07 01:56 PM
Niche Marketing to Pet Owners
I recently read a funny post by Maureen Francis Sell-Lord Lesson: Peeing Dogs Do Not Sell Homes. My comment made her laugh but I was serious.
Maureen, That house needs to be marketed to buyers with a bigger smellier dog. It should say in the description Dogs love this house! Mitchell
At the time of this writing,The NY Times was planning a story about pets and real estate in Manhattan. Our PR company often pitches story ideas to the media.
Through our publicist the writer Christine Haugney contacted me. They were looking to interview buyers willing to pay more for "pet friendly buildings".
… (14 comments)
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real estate: Transparency and Accountability in NYC Coops? I hope so it is the 21st Century
- 04/24/07 04:25 PM
One of the first blogs I ever wrote was last July about a new law that would make the once secret Co-op sales prices public for the first time under a bill by the Albany legislature. The bill was awaiting signing by Governor Pataki and was strongly supported by Mayor Bloomberg.
When the law passed I wrote another blog in August NYC-Coop-Law-brings-Manhattan-Real-Estate-into-the-21st-Century. Before the law was passed there were many in the real estate industry that were opposed to the new transparency law. They liked having secret information that was how business was always done in Manhattan and they liked it.
Janny Scott of The … (5 comments)
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real estate: Coldwell Banker Previews lists $125M Property
- 04/14/07 05:09 AM
… (4 comments)
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real estate: Manhattan Neighborhood Market Report: TRIBECA Real Estate Guide
- 04/11/07 04:03 PM
TRIBECA - 10013 - The name is an abbreviation of: TRIANGLE BELOW CANAL
Tribeca, Manhattan's downtown neighborhood runs from Canal Street south to Park Place, and from the Hudson River east to Broadway. Tribeca's charming cobblestone streets are lined with spacious residential loft buildings that were converted from industrial warehouses. There are new glass condo lofts, restaurants and boutiques.
Tribeca only became one of Manhattan's most fashionable places to live in the last 15 years. The neighborhood has evolved from an in expensive area where shopkeeper's and artisans, who could not afford the higher rents along the East River, built their wooden houses in the 18th century. After the Civil War, the … (4 comments)
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real estate: New Construction Resales - A REAL DEAL!
- 04/08/07 12:39 PM
New Construction Resales in Manhattan - Save Thousands of Dollars in Closing Costs
Seller Pays New York City and NY State Transfer Tax except when Buying from a Developer/Sponsor.
If you're looking to buy new construction you might save thousands of dollars by buying a resale in a brand new building. When a buyer purchases a condo or coop in a new development directly from the sponsor (developer) the buyer is usually required to pay New York City and New York State transfer tax.
When buying from a sponsor in a coop, (unsold shares) the transfer tax is not only the percentage of the sale … (1 comments)
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real estate: Baby Boom in Manhattan: Suburbia in the Twenty First Century
- 03/31/07 10:06 AM
Family Friendly Manhattan - Upscale Suburbia in New York City
Last week I was showing a 2 bedroom apartment on the Upper West Side to one of my buyer client's a couple with a new baby. The apartment was listed by an attorney/broker/owner who lived in the apartment with her husband and children. Their Asking price: $1,450,000 with monthly maintenance of $2215.
My client asked her if they were moving to the suburbs? She said Oh no we love it here we're buying a bigger apartment in the building and we don't need to sell this one first.
As we left the apartment and … (8 comments)
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real estate: Foreclosures? 100% Financing? Sub Prime? NIMBY
- 03/15/07 06:59 PM
Foreclosures? 100% Financing: NIMBY: Not in my Backyard - It's a BULL Market!
Manhattan is an island.
There has been much media attention including some great blogs from activerain members like Brian Brady. Many of the headlines are negative some predicting a slow down in the economy the stock market has already become volatile and is in a correction.
I know in many markets the fall out must be terrible. Fortunately in Manhattan nothing can be further from the truth. Our market is on fire. Inventory is very low. We are experiencing multiple bids, no contingencies, full ask and over. … (30 comments)
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real estate: Manhattan Neighborhood Market Report: Morningside Heights Real Estate Guide
- 03/11/07 12:29 PM
Morningside Heights is the academic quarter of New York City. It stretches irregularly from north of 96th Street to about 123rd Street between Morningside Park and Riverside Park on the Upper West Side of Manhattan.
From the top of a 135-foot bluff, it overlooks the Hudson River on one side and Harlem on the other. It is about 15 minutes from midtown Manhattan by subway. With apartments on the "Gold Coast" of Riverside Drive selling for well over $1,000,000, Morningside Heights is one of th granted scenic landmark status toe more desirable residential neighborhoods in Manhattan.
The area that is now Morningside … (14 comments)
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real estate: Manhattan Neighborhood Market Report: Clinton/Hells Kitchen Real Estate Guide
- 02/26/07 04:09 PM
Clinton - Hells Kitchen - Midtown West
Some still argue about the exact boundaries of Hell's Kitchen, but it's commonly considered to run from 34th to 59th Streets and from Eighth Avenue to the Hudson River. The area is also known as Clinton and long-time residents use the two terms interchangeably. East of Eighth Avenue including Carnegie Hall and Time Square is considered midtown west.It has been a long time since Hell's Kitchen earned its reputation - the one from the gang fights in "West Side Story" in the 60's. Hells Kitchen has always been a neighborhood, made up of blue-collar … (7 comments)
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real estate: Apartment Room Count: A Consumer Buyers Guide
- 02/13/07 02:14 AM
Room Count Guide:
Below is the recommended method of residential room count found in the Residential Guide devised by REBNY's Residential Brokerage Division. (Real Estate Board of New York)
Qualified Buyers click here to receive listings by email
Manhattan Relocation Package:
Manhattan, New York City Relocation Guide Manhattan Relocation: Helpful Tips, Links and Contact Information Relocation Guide: Time Line For Purchasing A Manhattan Home Relocation Guide: Understanding (and loving) Manhattan New York Apartment terminology A-Z: A Consumer Guide NYC Room Count: A Consumer Buyers Guide New York City Building Terminology Co-ops vs. Condos: Understanding Manhattan Housing THE CO-OP BOARD INTERVIEW: Tips … (2 comments)
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real estate: Manhattan Neighborhood Market Report: SoHo Real Estate Guide
- 02/11/07 11:23 AM
SoHo
New York, NY 10013
SoHo ( stands for South of Houston - pronounced "How -Stun")
Soho is a premiere destination for the world's trendiest jet setters, New York's SoHo district has something to offer just about everyone. Bordered to the North by Houston Street, to the South by Canal Street, to the West by Sixth Avenue and to the East by Broadway.
Soho is characterized by the imposing cast-iron architecture of the late 19th Century that was built for manufacturing and warehousing. The beautiful cast iron structures that characterize the area were New York's original skyscrapers, … (10 comments)
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real estate: Manhattan Neighborhood Market Report: Upper West Side Real Estate Guide
- 01/22/07 02:41 AM
The Upper West Side extends north from Columbus Circle at 59th Street up to 110th St. and is bordered by Central Park West and Riverside Park. The Upper West Side is separated from the Upper East Side by Central Park.Between 72nd and 96th Street most of the buildings are not taller than about 20 stories and they are mostly pre war buildings. The American Museum of Natural History is located on a stretch of Central Park West between 77th and 81st Streets, The museum's new Hayden Planetarium is a galactic spectacular and is well worth the invested time. From 59th Street to … (7 comments)
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real estate: Listing Appointments Are Like First Dates - Top Questions To Ask
- 01/17/07 10:27 AM
In a recent sales meeting my manager was comparing a listing presentation to a first date. All the agents were asked to come up with questions we would ask on a first date to find out about the person and then we had to come up with questions to ask a seller on the first date.
I agreed with most of what he said until he said "people who sit home never get dates - it's the same with listings". I had to point out that was before the Internet. He's been married for a long time. As all of us bloggers … (55 comments)
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real estate: Manhattan market: The buzz from outside Inmans Real Estate connect in NYC
- 01/10/07 02:53 PM
The Real Estate Market in Manhattan is HOT!
The buzz in the real estate industry this week is coming from Inmans Real Estate connect in NYC. New media moguls like Craig Newark of Craigslist and Matt Heaton of activerain are at the conference discussing blogging, web 2.0, the latest trends and technologies and the future of the real estate industry at panels and seminars and parties.
Right outside the Marriott Marquis in Hells Kitchen and from Washington Heights, to Harlem to Morninside Heights, the Upper West Side, Chelsea, Murray Hill, Gramercy, the West Village, Tribeca and throughout Manhattan there is … (9 comments)
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real estate: Selling Real Estate is an Art not a Science
- 12/08/06 10:09 AM
Manhattan real estate has always been different. Over the years REALTOR® friends and colleagues from other parts of the country have been very sympathetic toward how we do business in Manhattan. They would say: "You have it so hard", "how can you make a living? " No dominant MLS, coops, coop boards, board interviews, buyer's financial statements, building financials, only attorney's can write contracts, accepted offers that don't mean anything, How do you do it"?
MANAR the Manhattan MLS is only about 5 years old and has about 15% of the market. The dominant board REBNY is a real estate board. They claim they … (45 comments)
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real estate: Landmark Living: Manhattan real estate in history/today A blog series
- 11/26/06 09:27 AM
My last blog Starchitect Skyline was part of a series of blogs about Manhattan real estate in history/today. I wrote about the brand name glass tower apartment buildings of the new millennium that are changing the NYC skyline.
This blog is about landmark buildings from another era and other uses that have been transformed or are being converted to luxury apartments.
Old World Details - Meets Modern Amenities.
Famous hotels, landmark banks, insurance company headquarters, factories, hospitals and even a former Police headquarters have been transformed into luxury apartments that offer unique spaces. This trend in real estate is not only taking place in … (12 comments)
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real estate: Starchitect Skyline: Branded Glass Houses in the Sky - Manhattan real estate in history/ today: 19th century to 21st century homes
- 11/20/06 11:49 PM
"Starchitect" aka Star Architect, architect -branded designer buildings throughout Manhattan are changing the face of neighborhoods, lighting up the NYC skyline and turning apartments into Live-in Works of Art.
Innovative designs, the move away from the standard cookie-cutter apartments, luxury service and views are attracting consumers that want everything taken care of for them. From valet parking, concierges, meditation gardens, infinity pools, electronically controlled sliding glass walls to restaurant service and room service.
Recent record sales taking place around the city, a real estate trend that is breaking down the old neighborhood boundaries by allowing the new buildings to become destinations in and … (11 comments)
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real estate: Wall Street Bonuses Are Soaring
- 11/17/06 01:27 PM
$36,000,000,000
Economists estimate around 50 percent or more will end up in Real Estate
Goldman Sachs; Morgan Stanley; Merrill Lynch; Lehman Brothers and Bear Stearns are about to reward their 173,000 employees with $36 billion in bonuses.
That's a 30 percent increase from last year's record, and it doesn't include the billions more that will be paid by Citigroup, Bank of America and JPMorgan Chase & Co., the three largest U.S. banks, as well as the hundreds of hedge funds and private-equity firms that constitute the financial industry. Bonuses range from $150,000 to over $20 million. Managing Directors bonuses range … (0 comments)
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"Don't it always seem to go that you dont know what you've got til it's gone....
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