May 2007
We welcome The Cocoran Group founder, Barbara Corcoran, to the center column here via youtube, to see her recent three part series about preparing your home for sale. They cover several different locations, including one in NYC, but the principles of home staging remain the largely the same for houses and apartments. These videos are full of great tips for selling your home.
May 30, 2007
new! the real estate book shop at comitini.com
Introducing the book shop on comitini.com. As some of you who read me know, I occasionally talk about a book, and embed an amazon.com link, so that you can get more info, read reviews, and buy it too. I've expanded that idea to include a book shop here on comitini.com which I launched yesterday, this is a test flight that I hope to make permanent. A portion of all profits from the book shop will be used to support Corcoran Cares, a grassroots, charitable initiative by Corcoran's agents, to give back to the communities we serve.
May 29, 2007
Ranked as a top producer for the third straight quarter
I noticed a sign in the window at my barber shop on last Friday which read, "I don't make my business, my customers do". It's simple, but meaningful business wisdom. Earlier in the week, I'd received a letter from Bruce Zipf, CEO of NRT that cited my sales performance in the top 1.6% of the company for the third straight quarter in a row.
May 27, 2007
Opinion poll: What are the best ways to green your home?
Can you help with an opinion poll about greening your home? With the first LEED certified residential condo developments being built and marketed right now, it is a moment in which the market is answering if this is an important issue for consumers with the very biggest purchases of their lives.
May 25, 2007
Richard Meier On Prospect Park site party
All of downtown Brooklyn has been undergoing a transformation over the past decade, but never has its rise been more conspicuously evident than right now. Richard Meier On Prospect Parkis a new building overlooking the iconic Brooklyn Public Library, Grand Army Plaza and with views across downtown Brooklyn to the river. This is one of the best park front building sites possible, in all of the five boroughs.
May 22, 2007
Rebuilding downtown manhattan, a bird's eye view
Now appearing weekly on LowerManhattan.info is a new map which details nearly 70 downtown construction and renovation projects. The map is updated every week by the Lower Manhattan Construction Command Center. The LMCCC along with the city Department of Transportation, New York City Police Department, and other partners use the map continually to identify locations where traffic congestion, pedestrian restrictions, or other access issues may arise throughout the downtown reconstruction effort.
May 22, 2007
Today's tip for home buyers: blink
I've been reading Malcom GladwelI's book Blink recently. In it, he talks about "The theory of thin slices: how a little bit of knowledge goes a long way". It's what you and I might also call intuition. That Blink moment describes well the decision point in buying a home, where some people decide to spend millions of dollars, after examining an apartment in less time than they might spend having lunch.
May 18, 2007
Can developers weather downturns in New York City and the global real estate economy?
While many Americans are worried that real estate prices have flattened and may even turn downward, some of the country's top commercial developers say there always is opportunity for those who manage their projects efficiently in a global market, focus on areas with growing demand and have the staying power to wait out the downturns.
May 17, 2007
Buying in a new development: the closing costs
How much more will it cost to buy into a new development? Is it worth the difference? Both are questions that will vary depending on the project and buyers. Here is a follow up to my recent post 'Buying in a new development: risk and reward', that may help you to evaluate differences in closing costs when purchasing a condominium as a resale, or directly from a sponsor in a new development, like a broker would.
May 15, 2007
You get paid all that money for just 60 Minutes of work?
I wish that I could take credit for the above headline, but it was from a commenter on the CBS News Web site about a fluff piece for Redfin, the Seattle based, limited services "broker" on 60 Minutes titled "High-tech Real Estate Moves In".
May 15, 2007
Buying in a new development: risk and reward
For those looking to buy into a newly converted or ground-up new development project, the conventional wisdom has been that its worth a premium to be the first occupant of an apartment with the latest features, amenities, appliances and designer finishes. Exactly how much of a premium, is a question that can grab you by surprise at the closing table. Its clear that newly developed homes have more expensive price tags, but they also carry considerably higher closing costs. Some differences are clear, while other risks may not be all that obvious.
May 4, 2007
Inside the architects' studio at ground zero
The Tribeca Trib is running a day in the life style cover story this month that is a look inside the architect's studios at Seven World Trade Center; "Silverstein Eyes Progress on His Towers". In a second story they cover the exodus of cultural institutions from the site's plan.