Told you so... and don't mind saying so...

Rental Market has been TOUGH lately, very little ad response, phone is quiet, and no one is moving unless they have to. Vacancy rate isn't budging, and will go lower come later Spring. Yet a doorman building on Union Square, where high floor studios for $3600 a month, can't move them. What to do, what to do

Village Rental Market Heats Up

Elk Investors, not known for managing premium buildings (in fact the buildings they represent, like 35 Grove, 30 Christopher, 123 Bank are all pretty sub standard but at least reasonably priced) has three applications on three units that just hit the market this week. All of them in the Village. Two mentioned above. So 3 and a half days, priced correctly sub standard units are by all account gone baby gone. Inventory must be pretty low, or prices must be too high.

Shady Renter Rats Out Real Estate Agent

YELP   has some really funny reviews of real estate agents. Best is the renter who gets caught going behind his agent's back only to get caught. He's irate and it's the sneaky biz practices which are ultimately to blame. 

Broker Cons and Healthy Skepticism

A very insightful video on how to see through Broker Tricks. Because we all know Brokers bribe inspectors and one other outstanding piece of advice: Never Ever have an open house. Plus a Terrific soundtrack and some awesome acting.

Days Off

Looks Like 92 Street, but I could be wrong.

Welcome Back

Well now that the real estate market appears to have at least stabilized, and I along with it, though in my case a full recovery is still a long way off, I've decided to do a little writing again. So I leave the question open: Is the NYC real estate market back? Or are we in for more of the same?

White Collar Lay Offs

No need for analysis. Ny Times