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Author Archives: douglas heddings
The Illusion of Control Often an Obstacle
Control is indeed an illusion that is all too often an obstacle to consummating the real estate transaction. I have written before on TrueGotham about the multiple parties involved, often as many as 13 different people, in a single real … Continue reading
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Perception vs. Reality in Manhattan Real Estate
Here is a selection of email subjects found in my Inbox in just the past 10 days: “Seller Says Sell” “Priced to Sell” “Price Drop” “Price Reduction” “Price Improvement” “New Asking Price” “Price Slashed” The obvious perception of anyone receiving … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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Waiting Yourself Right Out of a Buying Opportunity
A recent DNAinfo begs the question, “Do You Regret Not Buying a New York Apartment 10 Years Ago?” If you are one of the many who decided for one reason or another to continue to rent, I sincerely hope that … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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A Real Estate Concierge Providing Bespoke Services
As a genuine boutique real estate firm, CORE prides itself on our ability to custom tailor each facet of the sales and purchase process to each customer’s needs. That bespoke experience starts with our agents and the individualized support that … Continue reading
Posted in A Broker's Job, Tips & Advice
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True Gotham: The Press, Panic and Pause
The first few weeks of 2016 have been incredibly volatile. Global economic insecurity, US stock market declines and numerous “man bites dog” anecdotes in the press have created an atmosphere that I have seen a few times before. One of … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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The Ingenuity of Innovation
On Monday I had the pleasure of sitting down with some of the brightest people in the real estate industry for what was our first meeting of the New Year. The general theme of our discussion was how are we … Continue reading
Posted in A Broker's Job, Market Insight, Mission
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The Burgeoning Hudson Square
A new neighborhood is being reimagined which will connect Soho, the West Village and Tribeca. It’s name: Hudson Square. With numerous new developments in the pipeline and the potential redevelopment of St. John’s Terminal, a three block building between Clarkson … Continue reading
Posted in Market Insight, Neighborhoods
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Emotion – The Intangible Market Predictor
“The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” – Warren Buffett Back in 1992 when I entered the Manhattan real estate market professionally, I made a conscience decision … Continue reading
Posted in A Broker's Job, In The News, Market Insight
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A Matter of Taste in Food and Agents
It is nearly impossible to go a single day without stumbling upon a “best of” or “top ten” list of some sort. Intriguing reading for sure. In fact, as the husband of the Food Director at Food & Wine, I … Continue reading
Posted in A Broker's Job, Market Insight, Tips & Advice
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Finding and Embracing Small Town Manhattan
With over $1.6M residents densely packed into a shy 34 square miles, it is probably difficult, no, nearly impossible for the non-New Yorker to appreciate the small town appeal of this city. But ask most New Yorkers the names of … Continue reading
