Interesting news. Nobel Prize winning economist, Paul Krugman, buys a co-op on the UWS (4th item). For many, Krugman has become the nation's most trusted economist, guiding us through the biggest economic crisis since the Great Depression. Along the way, he spent plenty of time scaring the shit out of us too. So, I guess we can take it as a pretty good sign that he is a buyer in our market. Maybe he will start writing about how great things are now.
I'll be out of town this upcoming weekend, but I may have some entertaining material from the road.
Baldwin Bails On El Dorado, Looks Into Dakota. Big Renegotiated Deal At One York. And, Jack Welsh Buys Neighboring Apartment (Gimme Shelter/NY Post)
A Look At A Few Big Loses In NYC Residential RE (Observer)
Paul Krugman Buys NYC Co-Op (Observer)
Trippy Visions For The Grand Concourse, Bronx (Curbed)