I had some fun today standing in the approximate foot steps of Berenice Abbott and rephotographing the above scene, which she shot on April 8th, 1936 as part of Changing New York, her definitive record of New York in the 1930s
January 24, 2009
I was delighted to pick up the New York Times this morning to find that they had finally run a cover story on blogging in the weekly real estate section.
January 21, 2009
From our friends at Wharton comes this interview with professor Richard Herring who serves as a co-chair on the Shadow Financial Regulatory Committee, a group of economists, former regulators and lawyers. It contains astute observations about the problems with transparency among the financial institutions that have failed, had shotgun marriages, or are teetering on the brink.
January 7, 2009
I'll be posting some excerpts from the Fourth Quarter 2008 Corcoran Report soon, but you can download the complete report as a PDF right now. It's a look at the current state of the Manhattan residential real estate market. This report compares data based on deals that closed in 4Q 2008 (October 1 through December 31) with that of 4Q 2007.
January 6, 2009
Every marketplace offers opportunities for someone. People have been taking a wait and see attitude with their investing and spending since September, so it will come as no surprise that with it, New York real estate has experienced a slowdown in the last quarter of 2008 too. It will contribute to a very different marketplace in 2009 than we've seen in several years. It may be somewhat counter intuitive, but if 2009 is the year where the market catches its breath, it is also where buyers seeking value are able to get what they seek. Here are five reasons why.