Sunday, September 13, 2009
Photo: J.P. Endress
Just a thought- where is the inventory? A look at StreetEasy shows that over both the 3 month and 6 month time frame that inventory is down close to 13%. It is down a slightly greater amount from the May peak. It was a busy Summer, for my company busier than the summer before. One catch though, all the buyers were in the sub- $1 Million category. So, more work for the same amount of commission. Third Quarter reports should be real interesting a few weeks down the road. Don't be surprised to see a sizable pick up in volume.
Side note- turn to The Brompton Ad on Page 12 of Sunday's real estate section in the times. The ad copy reads "opening to rave reviews". The rave review cited- from A. Fine Blog. It's a good thing that I only write about buildings that I genuinely like, and The Brompton is at the top of the list.
Businesses Move Home (NY Times)
After Six Years Of Litigation, Steinbeck Apartment On 72nd Hits Market (NY Times)
Rare Vanderbilt Loss Made Park Avenue What It Is Today (NY Times)
Sunday National Luxury Real Estate Wrap (Luxist)
Afghanistan Buys $4.2 Mil. Trump Condo (NY Observer)
Atlantic Yards: A Design History (NY Observer)
New Yorker Takes To Streets In Jumpsuit, Mask, Goggles And Respirator- Taken In Stride (NY Times)
Feds Using "Madoff Mystique" To Sell Penthouse (NY Post)
Related's Ross Gets Nod For Charter Bank (WSJ)
Curbed Visits WTC Site (Curbed)
Posted by Andrew Fine at 2:25 PM