What We Do
One of my agents recently closed a $10 million plus deal in a top co-op. The buyer, a Wall Streeter who had made some unfortunate decisions during the recession a few years back, had accumulated a… More
One of my agents recently closed a $10 million plus deal in a top co-op. The buyer, a Wall Streeter who had made some unfortunate decisions during the recession a few years back, had accumulated a… More
Although I have been out of college for over 40 years, I still think of September as the beginning of the new year. And in the real estate brokerage business September really IS the beginning of… 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 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… 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
I have been to a number of real estate events recently where the talk was all about whether co-op apartments should be converting to condominiums. (For those who don’t know, co-op ownership comes in the form… More