BULLISH ON MANHATTAN

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There’s a palpable boom at the top of the new development market as a growing supply of high end products sizzles with through-the-roof pricing.   At the same time, price conscious home buyers are choosing from a shrinking inventory of resale properties.  Both phenomena are reasons for optimism.  At the market’s upper end which is buoyed [...] Read More

DISC Fever

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In last Friday’s Wall Street Journal, an article appeared describing the high correlation between Machiavellian behavior and success in the real estate business. According to the author, “brokers who score high in Machiavellian personality tests sell more real estate than their kinder, gentler colleagues.” While this finding certainly plays into the stereotype of the predatory [...] Read More

Letting Go

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I read an interesting opinion piece about compromise in this Sunday’s Times. Tip O’Neill’s son, Thomas, wrote about his father’s working relationship with Ronald Reagan; how the two men, who disagreed about practically everything, learned to work together for the good of the country. This successful collaborative effort was based on compromise. In addition to [...] Read More

Warburg Realty Third Quarter 2012 Market Review

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Warburg Realty’s third quarter sales upend the conventional wisdom about real estate in the summer months. Traditionally, the summer is always the weakest quarter, with August the weakest month within the span. This year, the third quarter burned hot! With 30% more sales than in July, and 140% more than in August of 2011, Warburg [...] Read More