The Skyline is Changing Again came out with some great coverage on the ever-changing skyline!

The Extell-Vornado catfight over 220 Central Park South finally ended last year, paving the way for Vornano’s long-talked about plan to tear down the structure and erect condos in its place—and oh, what condos they will be. An angel tipster spotted renderings and a detailed video of the future Robert A.M. Stern More

Outside its Cold (-5°); at least the Market is Hot. Q4 Report came out today

Q4 Report thumbnail.2Today it was -5°, with the wind factor in NYC; but at least the NYC Real Estate Market is Hot. Again, my apologies for such a cheesy headline, but how could I resist?

Regardless, our Q4 New York City Real Estate Market Report just came out, and here are the key takeaways:

  • Low inventory: available residences in Manhattan decreased in number for the twelfth straight quarter (three years).
  • Demand is aggressive and on the rise: more contracts are being executed now than at the same time a year ago, a trend that has been ongoing for eight quarters (two years).
  • Short supply and high demand meant higher prices: the price per square foot in Manhattan reached $1197, a five-year high (just 5% off the all-time high of $1261 in Q2 08)
  • New development sales are pumping up luxury sales and resulting in dramatic price gains at the high end.

Q2 Corcoran Report

Q2 2013 Market Report schreenshot

Q2 Corcoran Market Report just came out and the key findings are:

1. Market activity continues at six-year high.  More closings and signed contracts took place than in any other quarter since 2007.

2.Inventory continues to decline.  There have been nine consecutive quarters of diminishing inventory – a 52% drop since the Q1 09 peak.

3. Prices increased by 5% (ppsf) over a year ago, thanks largely to increasing value in the condominium market.




My recent Loft Sale with Tin Ceilings Featured on CNN Gallery

middletonMy recent Loft Sale at 108 Reade Street in Tribeca was featured on a CNN Gallery highlighting home decor. The Blue Tin Ceilings were some of the most unique I have seen!


If you forget your keys, now you can simply go to 7-11 and have a digital copy made!

Can’t wait to see these start sprouting up… What a crazy idea and what will they think of next! – JD

In olden times, people actually knew their neighbors, interacted with them on a regular basis, and stored spare keys with them. This never happens anymore now that human relationships are passé. Which is why, starting this week, KeyMe kiosks — which keep a digital file of your key and can cut you a new one when you get locked out — will begin popping up at 7-Elevens around Manhattan.