Inflation
The real estate ad begins, “You will fall in love with this very unique home.” I cringe. It happens to me more and more frequently these days; I deplore the acceleration of what can only be… More
The real estate ad begins, “You will fall in love with this very unique home.” I cringe. It happens to me more and more frequently these days; I deplore the acceleration of what can only be… More
Leafing through the Mother’s Day Facebook posts (I love seeing photos of everyone’s mom!) I was struck by how many families are geographically separated from one another. This is a modern phenomenon, and particularly American. Until… 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
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
Who survives, and how, in the business world of the 21st century? Globalization has made the world smaller but corporations bigger. People go everywhere, do business everywhere, take their businesses everywhere. Real estate firms travel to Hong… 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
Before Tribeca (TRIangle BElow CAnal), Dumbo (Down Under Manhattan Bridge Overpass), Nolita (North of Little ITAly), or Nomad (North of MADison Square Park), there was SoHo (South of Houston Street). Although London’s Soho isn’t a shortened… More
The buyer wants Park or Fifth Avenue. She insists she will not go anywhere else. The perfect apartment is on 57th Street by the East River. What does the resourceful agent do? Alternatively, the buyer wants… 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