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 demographics at our Warburg offices form a microcosm of the world in New York. African-American, Armenian, Dominican, Puerto Rican, Filipino, Chinese. Irish, Italian, Sephardic and Ashkenazi Jews. High WASPS, Poles, and Russians. Beyond our interest… More
In the current market, do you sell first? Buy first? Or sell and buy at the same time? A lot depends on your financial situation and stamina for risk, disruption and chance. If you sell first,… More
Standards for measuring NYC apartments would be a boon to the industry. It’s a subject I’ve broached before, and one that merits re-consideration. Without uniform guidelines, the challenge of computing accurate square footage in order to… More
Is there an optimum season to sell real estate? Yes and no. Yes, spring and fall are the traditional best months for sellers, and as a result also the best times for buyers since there are… More
This new year will feel a little like Yogi Berra’s “déjà vu all over again.” Real estate headlines for 2015 will echo many of last year’s dominant themes with a few twists. Take a look. A… More
Walking through midtown along First Avenue is a stereotypically hectic New York City experience, with multiple lanes of busy traffic, shops, and restaurants creating a noisy and bustling ambiance. Walk just a few steps east of… 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
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
Nothing provides greater opportunity for contemplation than a week outside the office. While working in my garden in Connecticut this past week, I thought a lot about being a business owner. As many of you know,… More
