Today we welcome a Q&A from special guest and real estate diva extraordinaire Barbara Corcoran from her column 'Ask Barbara" in the New York Daily News
September 21, 2007
There's a new weekly show on the airwaves about the local real estate. "Open House NYC" is focused on the residential market in the Tri-State area. You can sample one of their segments in this embedded video.
September 17, 2007
This is an update of last week's post a 'September 11th photo journal from ground zero'. This 9/11 was a rainy Tuesday, the site was overcast and more somber than in previous years. The site is now a construction zone as the redevelopment moves into its next phase. This will likely be the last year that families of the victims will be able to walk into the pit where the buildings once stood. I roamed the area surrounding the site this 9/11 again, and added new photos to my set on Flickr.
September 14, 2007
A perfect little video interlude titled 'Art and Unrest in the East Village' appeared online at the NY Times site today on the history of the East Village by John Strausbaugh, who also wrote the related article 'Paths of Resistance in the East Village'. think that you'll enjoy watching this very informative video about the rich contribution of this downtown neighborhood over the past 150 years.
September 13, 2007
The experience of the rest of the country is a bit different from ours in Manhattan, which continued to see strong demand, declining inventory, and rising prices, in the second quarter of 2007. Today's podcast is a thought provoking discussion of the national housing market from our friends at the 'Wharton School of Business'. Listen-in, download a copy for your ipod, or read a transcript here.
September 10, 2007
I live in Tribeca, the neighborhood just north of the World Trade Center site, about four blocks away from ground zero. Each year since that terrible day I've made it a point to visit ground zero to pay my respects to those who died there. For the past five of those years, I've carried a camera and documented a slice of time from each September 11th which I'm presenting here as photo journal hosted on Flickr.
September 6, 2007
I posted earlier in the week about how co-ops may have helped avert a crisis here so far. The bar to qualify for a mortgage has been getting raised nation wide, which has made it harder for NYC buyers to get financing for their deals too. I received an email message today from Melissa Cohn, President & CEO of The Manhattan Mortgage Company about the state of the mortgage market. It's a great take from the front line on recent changes and how they will affect home buyers.
September 3, 2007
I returned from vacation in mid-August to stories of impending doom in the housing market because of a spreading crisis in the sub-prime lending market. That very same week the New York Times ran The Manhattan Real Estate Slump That Wasn’t, which told a story I knew to be true. During the first half of the year, Manhattan was selling strongly. It may just turn out that co-op boards provided exactly the kind of greater oversight that was needed, and mitigated the risks better, than the gate keepers in the banking industry.