Battery Park City

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A few months ago, I wrote about an unplanned walk through an urban environment (a dérive) I had taken through one of the hottest neighborhoods in Manhattan – Tribeca. Today’s derive starts where Tribeca, the Financial District, and Battery Park City intersect, at Chambers and West Streets. I often like to write about the history [...] Read More

MIDSUMMER REALITIES AND UNCERTAINTIES

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Traditionally a slow month in residential real estate, August this year will no doubt show a drop in signed contracts from last spring, favoring the $2 million and under market while activity for larger apartment resales pauses as the upper end of the market heads to the beach. Here are five current observations. 1. The [...] Read More

Beauty is Truth

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I am often asked if I live in a constant state of real estate envy. After all, so the thinking goes, I must see so much beautiful property that I am constantly burdened by desire. In fact, I’m not. My wife and I live happily in the same spacious but essentially modest apartment we bought [...] Read More

The Upper West Side from Central Park to Riverside Park

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In a past dérive (an unplanned walk through an urban environment), I started at the corner of Central Park West and 81st Street, and walked south on CPW to Columbus Circle. For this dérive, the starting location is the same, but this walk goes from one great park to another: from incomparable Central Park west [...] Read More

Taking A Splash On The Wild Side

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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 day, so it got me thinking. After some research, what I discovered may surprise you. As it turns out, [...] Read More

In the Heights

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This week’s dérive (an unplanned walk through an urban environment) takes place in a Manhattan neighborhood that holds Manhattan’s oldest surviving mansion, has a safer crime rate than Greenwich Village, is only 20 minutes from Times Square via express subway, and was the subject of a recent Tony Award winning musical – Washington Heights. Surprised? [...] Read More

The Flatiron District

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Some neighborhoods in New York City are named after their geographic location (Upper East Side, for instance), others for historic reasons (Greenwich Village was once Groenwijck, or green district, in the time of New Amsterdam and was in fact a village), but today’s dérive (an unplanned walk through an urban environment) is in a district [...] Read More

Williamsburg

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My previous blog posts about taking a dérive (an unplanned walk through an urban environment) have all happened to be located in Manhattan. However, it’s time to get off the island and explore one of the hottest neighborhoods in the city. Bordered by Greenpoint, Bed-Stuy, Bushwick, and the East River, Williamsburg has rapidly evolved in [...] Read More

Bedford Avenue at sunset

HOW TO COMPETE WITH ALL CASH BUYERS

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It has become increasingly more challenging for buyers who require financing to compete with cash purchasers. Given the chronic market conditions of tight inventory and high demand, buyers continue to outnumber sellers, and multiple bidding has become the norm. For every five bidders, as many as three can be all cash. Clearly the cash purchaser [...] Read More

Summer in the City

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  Whether your personal idea of the beginning of summer is Memorial Day weekend, the first of June, or the summer solstice, summer has truly arrived in New York City. While the sticky, sometimes sweltering days drive many residents to escape the city as often as they can, there are still numerous ways to enjoy [...] Read More