Competitive real estate bidding is back. Not for every property, but often enough so that both sellers and buyers require advice regarding what can precipitate it, and how to manage the offers when it happens. While… More
Are there actual people of means who are NOT running from New York as fast as they can? With no theater, no concerts, little indoor dining at restaurants, the conventional wisdom, especially in the media, abandoned… More
My brother-in-law sent me an article this week from delanceyplace.com about a book called “The Outsider” by Dan Rottenberg. It describes how, in 1916, J.P. Morgan Jr wrote the following words to the President of New… More
The New York State Senate has once again placed New York City real estate directly in its sights. Last year the Senate considered a “pied-a-terre” tax bill, but the proposal was ultimately dropped in favor of… More
No real estate market within recent memory offers both the challenges and opportunities inherent in this one. The longer-term impacts of both the COVID crisis and the attendant economic disruption, on both the city and state… More
It helps to remember why so many Americans (and people worldwide) live in cities. For centuries people have flocked to New York, to Paris, to Rome, to Berlin, to Shanghai, to Los Angeles. They have come… More
What are New York City buyers looking for? What are they likely to buy, and how much will they want to pay for it? What neighborhoods and property types are hot? Here’s my post-pandemic primer on… More
Credit: Jon Tyson for Unsplash At this point, New York City is a safer bet than most other places in the United States. On Saturday, July 11, Florida registered 15,300 new cases of coronavirus. While many… More
Credit: Getty New York City has entered week one of Phase Three and with it, post-pandemic real estate reawakening. There already seem to be some winners. Numerous properties in the $2 million and under range have… More
“I just cannot bear the thought of having one of them over me.” These (paraphrased) words from a Southern woman after the election of Barack Obama to the presidency characterize a whole subculture of discrimination against… More
