Thursday, February 21, 2008

Thursday Comments And Links

Alright, I am back with links. I also wanted to make a couple of comments regarding the current market. The good news is that we have seen a winter thaw here over the past week. After a traditionally slow February we are starting to see a surge in buying interest and our web stats. I found a comment by Barbara Corcoran on CNBC the other day very interesting. Aside from stating the obvious about the continued strength in NYC's very high end, she pointed out that Wall Street bonuses were actually delivered later this year. Instead of bonuses being distributed in late December of early January, this year most of the bonuses were distributed until January and February, and some are still waiting for distribution. While Wall Street's prospects this year are questionable, hence enhancing a potentially conservative approach with current bonus money, it will be interesting to see how much of this year's pool will hit the market in March. Here are today's links:
West Siders Cry Foul Over 7 Line Extension (Observer)
125th St. Rezone Has Harlem Residents Concerned (NY Times)
Mob Could Benefit From OTB Closure (NY Daily News)
Garodnick Presses For East River Park Near U.N. (Observer)
Guiccione Mansion Sells, Falls Short Of Record (NY Post)
Livmor Condos On Frederick Douglass And 116th Revealed (Curbed)
Obama, Clinton Spar On Housing Policy (WSJ)
Brookfield To Start Work On West Side Yards Platform (NY Times)

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