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Author Archives: Doug Heddings
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
Posted in A Broker's Job, Market Insight, Neighborhoods, 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
Posted in A Broker's Job, Fun, Market Insight, Neighborhoods, Tips & Advice
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Can You Trust Your Real Estate Agent?
Although the bar continues to be raised in the residential real estate industry, marginal agents remain the scourge of the industry’s reputation as a whole. From big ego to misinformation, it is all too often that an agent is an … Continue reading
NYC Real Estate Market Data: Discerning Real from Fluff
The Daily News headline on Friday read “Apartment sales hit three-year low in January as NYC felt winter freeze.” A very misleading headline given that the referenced report issued by StreetEasy is a CONDO report that does not include the 400+ co-ops … Continue reading
Posted in A Broker's Job, Market Insight
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Related Companies Buys a 50 Percent Stake in CORE Residential Brokerage!
In one of the most synergistic marriages to ever take place on the NYC real estate frontier, world-reknowned develop Related Companies has purchased a 50% stake in Manhattan’s #1 Boutique brokerage firm, CORE. I am thrilled to be a part … Continue reading
Posted in In The News, In The News / Press, New Developments
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Blame the Broker?
With all of the parties that are involved in a New York City real estate transaction, it still amazes me that when anything becomes uncomfortable, everyone looks to the broker’s commission to make things right. Consider this: there are a … Continue reading
Posted in A Broker's Job, Market Insight
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The $50M Home Market
Manhattan real estate has become so incredibly sexy. From the dramatic “reality” shows to the media reports of billionaires and foreign investors gobbling up property, it has never been a more exciting time to live in NYC. Today, Curbed ran an interesting … Continue reading
Posted in Fun, In The News, Market Insight
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