When selling a property usually you only get one chance to do so. As such, every owner should want to secure the highest price, except in a few rare instances such as when one charity sells to another. ...
Often, first time and out-of-town buyers are shocked when I inform them that a seller will not offer a due diligence period post contract signing. There is a great deal of hesitation on their part to spend money to go hard on a contract without...
Late last year, my company made the prediction that the NYC investment sale listing inventory would jump by as much as 30% this year. We felt that after the inventory plunged in 2009 and flat lined in 2010 and 2011, that there would be tremendous...
Apr 25, 2012
A recent NY Times article reported about two owners who elected to sell their NYC office properties without an exclusive broker...
In last week's posting, I wrote on how the City's elimination of the 421-a program has all but stopped the creation of affordable housing. I'd like to now write on the effect this has had on the luxury market. ...
In my past postings, I've written on how the bestManhattandevelopment sites are now achieving over $650/BSF. With condos selling in the thousands per square foot, it's easy to understand why. But what about affordable housing sites where condo...
Did I get your attention? I remember years ago, Carleton Sheets made similar claims on late night infomercials. Carleton's still around, but the “No Money Down” jargon seems to have dropped off his materials. Instead of “get rich quick schemes”...
