The 6 Biggest Mistakes Made When Selling Property and Ways to Avoid Them

Sep 04, 2012

When selling a property usually you only get one chance to do so. As such, every owner should want to secure the highest price, except in a few rare instances such as when one charity sells to another. ...

Jul 31, 2012

Dear Mr. Buffett: ...

THE IMPORTANCE OF HAVING THE RIGHT DUE DILIGENCE TEAM IN PLACE

Jun 29, 2012

Often, first time and out-of-town buyers are shocked when I inform them that a seller will not offer a due diligence period post contract signing. There is a great deal of hesitation on their part to spend money to go hard on a contract without...

THE FLOOD GATES THAT NEVER OPENED

May 17, 2012

Late last year, my company made the prediction that the NYC investment sale listing inventory would jump by as much as 30% this year. We felt that after the inventory plunged in 2009 and flat lined in 2010 and 2011, that there would be tremendous...

421-a Certificates – Going, Going, ….

Feb 09, 2012

In last week's posting, I wrote on how the City's elimination of the 421-a program has all but stopped the creation of affordable housing. I'd like to now write on the effect this has had on the luxury market. Since July 1, 2008, no new 421-a...

When Development Sites Sell As Taxpayers

Feb 02, 2012

In my past postings, I've written on how the bestManhattandevelopment sites are now achieving over $650/BSF. With condos selling in the thousands per square foot, it's easy to understand why. But what about affordable housing sites where condo s...

Buy Real Estate For No Money Down

Jan 26, 2012

Did I get your attention? I remember years ago, Carleton Sheets made similar claims on late night infomercials. Carleton's still around, but the “No Money Down” jargon seems to have dropped off his materials. Instead of “get rich quick schemes”...