Author Archives: Doug Heddings

Pressure to Lower Prices

Posted on May 10, 2006 by Doug Heddings

Fresh off co-writing an article about how home prices aren’t appreciating as much at the moment, Damon Darlin of The New York Times has an interesting little tidbit on his Times real estate blog, The Walk-Through, about real estate agents … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | Comments Off on Pressure to Lower Prices

Life in the River House

Posted on May 9, 2006 by Doug Heddings

Curbed.com had a little mystery going as to which building had the $39 million eight-bedroom duplex on the east side. As Curbed has since figured out, that building in those photos is clearly the River House. The City Review describes … Continue reading →

Posted in Market Insight | 7 Comments

It’s a Jungle Out There

Posted on May 8, 2006 by Doug Heddings

When you are making your millions in real estate, there will always be risk. And even when you have made enough to retire happily, there will never be a shortage of reptiles eager to prove a point by taking you … Continue reading →

Posted in Dirty Real Estate Tricks | Comments Off on It’s a Jungle Out There

Convinced it’s a Bubble? Have a Hedge.

Posted on May 5, 2006 by Doug Heddings

If you have a big mortgage and not a lot of equity, you might be feeling a little squeamish about all this talk of soft markets. In The New Yorker, James Surowiecki describes some new ways you might be able … Continue reading →

Posted in Market Insight | Comments Off on Convinced it’s a Bubble? Have a Hedge.

Real Estate Consumer Bill of Rights

Posted on May 4, 2006 by Doug Heddings

Counter Intelligence has an update on an idea that has been around for a while–a real estate Consumer Bill of Rights: Five years ago this week, a coalition of leading real estate consumer advocates nationwide — including buyer agents, fee-for-service … Continue reading →

Posted in A Broker's Job | Comments Off on Real Estate Consumer Bill of Rights

Almost Everyone Wants to Work in Real Estate

Posted on May 3, 2006 by Doug Heddings

It’s not hard to understand. It has been a hot market. Chris Palmeri at Business Week examines the trend: Thousands of Americans have flocked to the business, most notably as Realtors and mortgage brokers. But Stan Ross, chairman of the … Continue reading →

Posted in A Broker's Job | Comments Off on Almost Everyone Wants to Work in Real Estate

Herman Badillo’s Plan

Posted on May 2, 2006 by Doug Heddings

Much has been made of former Congressman and Bronx Borough President Herman Badillo’s plans to build several bold mixed-use developments across the city. Gothamist and the New York Post are among those who have discussed his latest plans for Williamsburgh … Continue reading →

Posted in New Developments | 4 Comments

The NAR Tackles Freakonomics

Posted on May 2, 2006 by Doug Heddings

Much has been made of the book Freakonomics and its commentary on real estate. For instance, from the Washington Post‘s review: Freakonomics presents the notion that homeowners and real-estate agents may have conflicting monetary incentives as big news. Memo to … Continue reading →

Posted in A Broker's Job | Comments Off on The NAR Tackles Freakonomics

Condominium Conversions Alter the Social Fabric of Manhattan

Posted on May 1, 2006 by Doug Heddings

Josh Barbanel of The New York Times catches up with the rising tide of condominium conversions in Manhattan. It is one of more than 60 pending condominium conversion projects in Manhattan listed by the New York State attorney general’s office, … Continue reading →

Posted in Market Insight, Neighborhoods | Comments Off on Condominium Conversions Alter the Social Fabric of Manhattan

Strict Co-op Boards and Softening Markets

Posted on April 28, 2006 by Doug Heddings

Through the recent years of incredibly high demand, many co-op boards have become more discerning than ever. By weeding out many of those who’d like to buy shares in their buildings–often without clearly stated reasons–I believe co-op boards are contributing … Continue reading →

Posted in A Broker's Job, Market Insight | 6 Comments