August
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
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
The Warburg management team (we have grown to 14 people from the nine I remember meeting with a decade ago) met in Beacon, NY last week for a two day strategic retreat. In addition to spending… 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
Views abound in Boulder, Colorado, where we are spending the Memorial Day week-end with our son, daughter-in-law, and grandson. Nestled as the town is at the foothills of the Rockies, with its ultra clear dry air,… More
According to RealtyTrac, during the last nine months 80% of Manhattan apartments were purchased without financing. There is no question that cash is king here. However I believe that this percentage is inaccurately high and does… More