Author Archives: Doug Heddings

Inaugural Hampton’s Marathon!!!

Posted on April 23, 2007 by Doug Heddings

TrueGotham is proud to be a sponsor of the inaugural Hamptons Marathon and Half-Marathon.  The race will be held on Saturday, September 29, 2007. The course runs through Amagansett, Springs and East Hampton with views of the Atlantic Ocean and Nepeague … Continue reading →

Posted in Fun, The Hamptons | Comments Off on Inaugural Hampton’s Marathon!!!

Will NYC Co-ops Have to Disclose “Why?”

Posted on April 23, 2007 by Doug Heddings

I’m thinking probably NOT.  Janny Scott of The New York Times reveals that the City Council is co-sponsoring a measure to Push Co-ops to Explain Why You can’t Buy.  This legislation has been discussed for years and in front of … Continue reading →

Posted in Market Insight | 11 Comments

Friday Link-O-Rama

Posted on April 20, 2007 by Doug Heddings

It’s a beautiful sunny Friday in Manhattan and the local real estate market continues to baffle those watching the collapse of so many markets around the country (again…their is NO National housing market).  I’m busy presenting marketing strategies to sellers … Continue reading →

Posted in Market Insight | Comments Off on Friday Link-O-Rama

New York City Closing Costs for Multi-Family Residential/Commercial

Posted on April 19, 2007 by Doug Heddings

Thanks to True Gotham reader Micky, here are estimated closing costs for multi-family dwellings in New York: For The Seller Broker:  Typically 6% Own Attorney:  $5,000 and up New York City Transfer Tax:  1.425% of entire gross purchase price, if … Continue reading →

Posted in Market Insight, Tips & Advice | Comments Off on New York City Closing Costs for Multi-Family Residential/Commercial

Listen Up: I Don’t Want Your Referral Fee!

Posted on April 18, 2007 by Doug Heddings

The Manhattan real estate market can be incredibly draining…such is life.  I’m exhausted after a day where nothing went the way I thought it should…so what!  Just mentioning it to shed some light on the fact that I’m posting to … Continue reading →

Posted in A Broker's Job, Fun, Market Insight | Comments Off on Listen Up: I Don’t Want Your Referral Fee!

The War For/Against Transparency in Real estate Continues

Posted on April 17, 2007 by Doug Heddings

From The Consumerist comes an Associated Press breaking story that Arizona bars online home price estimator.  Zillow is facing more scrutiny and attack by the good ole’ boys with Arizona banning Zillow’s business model based on the claim that they are … Continue reading →

Posted in A Broker's Job, Market Insight | Comments Off on The War For/Against Transparency in Real estate Continues

Qualifying Buyers: Weed Out the “Lookers” with a Nor’easter

Posted on April 16, 2007 by Doug Heddings

Sellers are always asking me how I go about qualifying buyers: both prior to showings and again prior to accepting an offer.  Yesterday’s Nor’easter was the best "qualifier" of real buyers that one could hope for as masses (as many … Continue reading →

Posted in Market Insight | 1 Comment

True Gotham Dragons Season Opener!

Posted on April 14, 2007 by Doug Heddings

Today was the first pitch for the CYO Manhattan Youth Baseball League.  Unfortunately, I couldn’t stay for the entire game but what a blast watching the TrueGotham.com Dragons smack the ball around!  My nephew, quite a ball player I must … Continue reading →

Posted in Fun, True Gotham Baseball | Comments Off on True Gotham Dragons Season Opener!

Friday Link-O-Rama

Posted on April 13, 2007 by Doug Heddings

After a couple of quiet weeks (boy it was nice), the Manhattan real estate market is picking up where it left off at the end of March.  It is indeed heating up again as it almost always does going into … Continue reading →

Posted in A Broker's Job, Fun, Market Insight, Tips & Advice | Comments Off on Friday Link-O-Rama

Special Assessments: Can They Be Avoided?

Posted on April 12, 2007 by Doug Heddings

It’s no secret than when condominium owners or co-op owners are faced with a special assessment, sometimes tempers flare.  In fact, Amy Gunderson of The New York Times gives this example in her story Special Assessments: When Your Board Wants … Continue reading →

Posted in Market Insight, Tips & Advice | 5 Comments