Too Fast or Too Slow
I like to joke that, for many sellers, there are only two possible ways to regard the work of their real estate agents. If their property sells quickly, the seller fears the agent underpriced it. If… More
I like to joke that, for many sellers, there are only two possible ways to regard the work of their real estate agents. If their property sells quickly, the seller fears the agent underpriced it. If… More
I recently had a client with a rare stipulation for a New York City residence: He insisted that whatever building I found for him must have a pool. This is not a request I receive every… More
My friends ask me, why don’t you take August off? They say, isn’t real estate dead in August? The answer is, it depends on what you want to do. Opportunities exist for both buyers and sellers,… More
New York City has nine million inhabitants, and it is growing all the time. I wrote last week about the enormous pressure on the city’s current housing stock and how the most practical solution is to… More
In New York, we desperately need more lower income and middle income housing. Our new mayor suggests that we should solve this housing crisis through density and, all in all, I agree. Building bigger, taller buildings… More
I love negotiation. It lies at the heart of the real estate business: the back and forth which leads to a successful outcome. I am not a scorched earth negotiator, but I have always understood the… More
WARBURG REALTY SECOND QUARTER 2014 MARKET REVIEW Frederick Peters President, Warburg Realty In each of the past two years, New York’s super-heated first quarter real estate market has slowed midway during the second quarter. This year… More
The Warburg management team (we have grown to 14 people from the nine I remember meeting with a decade ago) met in Beacon, NY last week for a two day strategic retreat. In addition to spending… More
Nothing provides greater opportunity for contemplation than a week outside the office. While working in my garden in Connecticut this past week, I thought a lot about being a business owner. As many of you know,… More
This past week-end, during my 40th college reunion, I spent several wonderful hours in the newly reconfigured Yale Art Gallery, where I spent a lot of time as an undergraduate. In addition to the extraordinary collection,… More