I See The Future
It’s an exciting moment for me – this past week my daughter became the President of Warburg Realty, and I created a CEO position for myself. Although our roles have not really changed, titles matter. She is… More
It’s an exciting moment for me – this past week my daughter became the President of Warburg Realty, and I created a CEO position for myself. Although our roles have not really changed, titles matter. She is… More
We live in the Age of Expertise; today everyone seems to know everything about everything! I met today with a stone mason, Russell, who is estimating some work we need done on our property in Connecticut, and he… More
Where does New York real estate stand today on the boom/bust continuum? Several recent articles in major publications have addressed the issue of “inventory overhang,” that phenomenon by which supply begins to outstrip demand and a… More
What explains the emotional hold which the homes of our youth exercise over us? Those places, imbued with our memories both joyous and sad, are always anchored in the imagination. They intertwine with the memories themselves… More
This week on the Riviera Maya my wife and I toured several terrific beach houses available for rent on SoIiman Bay. At one of them, the owner/manager devoted substantial time to pointing out unique features: the… More
Every January stories abound which review the preceding year in real estate. With the press reporting that during the fourth quarter of 2015 the average sales price of apartments hit $1,950,000 and the median price hit $1,150,000,… More
The apartment in which I grew up, which encompassed a full floor in a venerable Park Avenue co-op, had three master bathrooms. Each of them opened into two bedrooms, but none had outside access. For most… More
My colleague David Rodriguez* once described the stock market as behaving like a group of 4th grade girls. The plunges of the past week certainly seem to corroborate that assessment. The market, in this as in so many… More
July has been a hot month in every way at Warburg Realty. We have had some extremely high temperatures in New York City, but that has not inhibited an overheated real estate market. Earlier this year… More
My mother was born in HER mother’s bedroom at 970 Park Avenue in 1924. While she has traveled the world, Manhattan has always been home to her. She would not have it any other way. For… More