Corcoran 2016 Town House Report
Overall the Manhattan town house market showed signs of slowing. Records at the top end were not challenged and overall …
Category Archives: Investing
The Real Deal on Real Estate Red Tape
(Inside the overworked and underfunded public agencies that are struggling to keep pace with overseeing and regulating NYC’s multibillion real …
Samsung is Korean for Terrible
This is a warning to other real estate people and homeowners to stay away from Samsung appliances. This is based …
MTA issues muni bonds backed by real estate
Bloomberg Markets reports that the MTA raised $1.06 billion backed by lease revenue from the Hudson Yards site. This is …
US Middle Class incomes grew fastest in 2015
New article in the Washington Post reports on a new Census Bureau report which indicates that 2015 was the best …
US Cities – Feb winners and losers
Zerohedge post citing Case Shiller data, showing cities that gained or lost in February. San Fran was the big winner …
What is going on with Unemployment?
The recent headline is that employment in the US is slowing down, as nonfarm payrolls in March grew by 126,000, …
NYC Proposed Water Hike
Below is the recap from REBNY about the proposed 3.24% rate increase. According to NYC.gov, the national average indoor residential …
US Rental Market – $441 billion in 2014
A widely cited study by Zillow reports that US renters paid $441 billion in rent in 2014, up from $420 …
Pay Less Property Taxes
Here is a quick summary of some readily available exemptions and deductions. Speak to an accountant or other expert to …
Lots n Plots 