Author Archives: Doug Heddings

Friday Link-o-Rama

Looking for a decent view for under a million dollars. Not so easy. Evasive answers about Atlantic Yards from the Empire State Development Commission, transcribed with commentary. Note to self: do not give evasive answers. Lots of traffic on your … Continue reading

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Introducing TrueGotham–Hamptons Edition

When my clients are interested in the Hamptons, I refer them to Bridgehampton broker Cynthia Barrett. I’m very protective of my clients, and very particular about who I refer clients to. I do my homework first, and always follow up … Continue reading

Posted in A Broker's Job, The Hamptons | 1 Comment

1.2 Million and Falling

Did you know there are 1.2 million real estate agents in this country? That’s what it says here. The number of agents is going to fall and fall hard in my opinion as the market continues to cool and agents … Continue reading

Posted in A Broker's Job | 1 Comment

Stuyvesant Town and Peter Cooper Village Bids Coming in Tomorrow

They are expected to fetch between $4.3 and more than $5 billion (that’s billion) for the largest available parcel of urban real estate in the country. How much do you think the city could sell Central Park for? Just joking… … Continue reading

Posted in Market Insight | 2 Comments

New York Times Surveys the Numbers

Numbers, numbers, everywhere. Josh Barbanel wades through third quarter figures from several different sources, and finds the market to be, essentially, stable–although the numbers vary pretty wildly. He also notes: Part of the uncertainty over the direction of the Manhattan … Continue reading

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Goodbye West Park Presbytarian, Hello High Rise?

Rumors are swirling that the days are numbered for West Park Presbyterian Church at 86th Street and Amsterdam Avenue. The story that I have heard, from a reliable source, is that the church is having financial troubles and is in … Continue reading

Posted in Market Insight, Neighborhoods | 3 Comments

Complete Miller Samuel Numbers Coming Out Tomorrow

…I’m eagerly awaiting this report. As you may remember, I predicted that we wouldn’t see concrete evidence of the cool down until third quarter numbers were released. Excited to see if I was correct. I must admit, I’m a bit … Continue reading

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Highlights from the Prudential Douglas Elliman Third Quarter Overview

Fresh from my in-box: Overall Manhattan Market [includes entire island] Overall prices slipped this quarter but remain higher than price levels seen in the same period a year ago. The inventory of apartments available for sale leveled off this quarter … Continue reading

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Monday Link-o-Rama

Doug, not blogging today, sends a hearty "G’mar Tov" to TrueGotham’s Jewish readers. Teri Karush Rogers reports: "Two years ago, Heather Beth Johnson, an assistant professor of sociology at Lehigh University in Bethlehem, Pa., interviewed 20 children ranging from 5 … Continue reading

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Friday Link-o-Rama

Remember, a broker is a person who gets keys to your apartment. Choose carefully. New term: "unzillowable view." Curbed is making fun of this new website for an East Village development. Read with caution: Have interest rates peaked? New York’s … Continue reading

Posted in A Broker's Job, Market Insight | 1 Comment