Author Archives: Doug Heddings

Rumors Of Stuyvesant Town Demolition

Posted on May 4, 2007 by Doug Heddings

If I had a nickle for every time one of my clients or colleagues said "did you hear that so and so is doing such and such to this and that," well, I probably would have at least $1.35 by … Continue reading →

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Moving In Before the Closing

Posted on May 2, 2007 by Doug Heddings

I’m currently in the midst of a transaction in which the buyer of a property wants to move into their new property before the closing.  Sometimes I regret that I work in one of the few real estate markets where I as … Continue reading →

Posted in Market Insight, Tips & Advice | 6 Comments

Summer Deals Ahead in NYC Real Estate Market?

Posted on May 1, 2007 by Doug Heddings

First I would like to apologize to my readers for the "cop-out" post yesterday and the "light" post today (let’s call it TG Lite).   There is a bit of an explanation.  Of course, the primary reason is that I am in … Continue reading →

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Carnival of Real Estate #40

Posted on April 30, 2007 by Doug Heddings

It’s up and you can check it out over at Pat Kitano’s TransparentRE. 

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True Gotham Dragons Update

Posted on April 28, 2007 by Doug Heddings

Well this weeks TG Dragons game was cancelled because the fields are too wet.  Probably not a bad thing since last week was brutal for the Dragons.  An 18-7 loss dropping them to 0-2.  The good news is that my … Continue reading →

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$4,000,000 Later and Your Bed Doesn’t Fit!

Posted on April 27, 2007 by Doug Heddings

I’ve been out all morning with friends/buyers (some people are just so much fun to hang out with) showing them prospective properties to call home in the $4,000,000 price range.  Now those of you who are saying, "WOW, that must … Continue reading →

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From “Urban Decay” to Urban Renewal: Manhattan Gets Prettier

Posted on April 26, 2007 by Doug Heddings

The Port Authority Bus Terminal may soon get an incredible face lift.  According to Annie Karni of The Sun a Gleaming Office Tower May (soon) Rise Upon a Symbol of Urban Decay.  The Port Authority Bus Terminal, for decades a … Continue reading →

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Mortgages “BURN” in Hell’s Kitchen

Posted on April 26, 2007 by Doug Heddings

I have received this press release twice in the past week and for those readers who are in the market to buy, this may be an opportunity to save a few bucks.  Newsday reports on this interesting new mortgage product:  … Continue reading →

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Proposition to Audit Co-op Boards

Posted on April 25, 2007 by Doug Heddings

Suppose that New York City Co-op Boards and their Directors were subject to random or scheduled "audits" to insure that they maintained a pre-determined set of standards?  On Monday I blogged about The New York Times piece on whether or … Continue reading →

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Manhattan Residential Vacancy Rate Below 1%

Posted on April 24, 2007 by Doug Heddings

An amazing statistic was released yesterday by Citi Habitats, Inc. Christine Haughney of The New York Times reports: The vacancy rate for rental apartments in nearly every Manhattan neighborhood remained below 1 percent for all of 2006, according to data released … Continue reading →

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