Author Archives: Doug Heddings

Happy Thanksgiving!

Posted on November 23, 2006 by Doug Heddings

We’ll see you after the break.

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Look Who’s Whining About Open Listings

Posted on November 22, 2006 by Doug Heddings

Remember the happy day when we learned that REBNY plans to make New York City listings publicly available online? We should have known it was never going to be that simple. Curbed has anonymous information that a mutiny of some … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight | 6 Comments

The Carnival of Real Estate

Posted on November 21, 2006 by Doug Heddings

This time with fancy graphics!

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Do Condominium Owners Want to Share With Renters?

Posted on November 20, 2006 by Doug Heddings

Christine Haughney reports that so many of those Manhattan condominium developments are morphing into condo/rental and condo/hotel developments to suit a changing market. Gary Barnett, the chairman of the Extell Development Company, said that for some of his projects, he … Continue reading →

Posted in Market Insight, New Developments | Comments Off on Do Condominium Owners Want to Share With Renters?

Friday Link-o-Rama

Posted on November 17, 2006 by Doug Heddings

Carol Lloyd interviews an expert who promotes a lot of real estate debt: "Now that the market has changed, I asked him, don’t investors need to adopt different strategies? He told me he has insured himself against the down market … Continue reading →

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It Often Gets Ugly at the Top

Posted on November 16, 2006 by Doug Heddings

In an incredible attempt to thwart the upcoming closing of the largest sale in history, Stuy Town/Peter Cooper Village for $5.5 billion, the law firm of Trautman Saunders—no surprise that they represent the tenants who attempted to buy the complex … Continue reading →

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New York City Demolition–Hipster Style

Posted on November 15, 2006 by Doug Heddings

Probably not exactly what the landlord had in mind.

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New-School Redfin Investor Uses Old-School Agent

Posted on November 15, 2006 by Doug Heddings

Jeanne Lang Jones of the Puget Sound Business Journal writes about the ongoing "do I need a real estate professional in the age of Zillow/Craig’s List/Redfin etc., and notes that an investor in Redfin hired a traditional real estate professional … Continue reading →

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The Luxury Market: Is It Really All that Stable?

Posted on November 14, 2006 by Doug Heddings

I’m currently working with two high-end buyers, one couple in the $10-14 million range and another in the $20 million range. There is plenty of inventory to peruse at the $10-14 million range and less to see in the $20 … Continue reading →

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Cutting Corners, Cutting Plywood

Posted on November 14, 2006 by Doug Heddings

I wish I could say that I was shocked and stunned by this unbelievable bit of trickery but it is no surprise that this developer has found a way to circumvent the system (and even have their sales agent inform … Continue reading →

Posted in Dirty Real Estate Tricks | Comments Off on Cutting Corners, Cutting Plywood