Author Archives: Doug Heddings

First Hand Experience: Developers Becoming “Negotiable!”

Posted on April 27, 2006 by Doug Heddings

Yesterday I accompanied a VIP buyer on a series of appointments to some new development projects in the West Village, Soho, and Tribeca areas. The on-site agents, showing us the property, echoed one sentiment again and again: “if you are … Continue reading →

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Manhattan is a Special Market

Posted on April 26, 2006 by Doug Heddings

Here’s an excerpt of what you’ll hear in the latest episode of the TrueGotham podcast, in which Douglas Heddings explains some of the ways the Manhattan real estate market is different from the rest of the nation: 85 percent of … Continue reading →

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Existing Home Sales Up O.3% HOLY COW!! The Market is SIZZLING!!

Posted on April 26, 2006 by Doug Heddings

Not really. Increased buying in inexpensive markets may have indeed sparked this ever-so-slight increase but I would speculate based on New York City activity that the modest increase in buying is also attributable to increased negotiability in prices for buyers. … Continue reading →

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Jane Jacobs on Modern New York

Posted on April 26, 2006 by Doug Heddings

In Jacobs’ obituary, Douglas Martin of The New York Times explains her legacy: In her book “The Death and Life of Great American Cities,” written in 1961, Ms. Jacobs’s enormous achievement was to transcend her own withering critique of 20th-century … Continue reading →

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The Real Estate Bubble: Don’t Believe Your Own Hype

Posted on April 25, 2006 by Doug Heddings

Have you ever read something and wondered, is this real? Timothy Ellis of the Seattle Bubble had exactly this reaction to a recent email he received. Quite frankly, Timothy wasn’t the only one astonished by what “Mr. F” had to … Continue reading →

Posted in Dirty Real Estate Tricks, Market Insight | 2 Comments

Upmarket Downtown

Posted on April 24, 2006 by Doug Heddings

According to Forbes, downtown Manhattan has four of the most expensive zip codes in the country: 10013 is 12th 10007 is 19th 10012 is 31st 10006 at 48th In 10013, the median home sales price in 2005, according to Forbes, … Continue reading →

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Kid City

Posted on April 24, 2006 by Doug Heddings

The Walk-Through has word of families with children fleeing cities. Anecdotally, I have been noticing the opposite. In many New York neighborhoods, you can’t walk a block without seeing a stroller. That just wasn’t true 15 years ago. Contrary to … Continue reading →

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Generation Y Thinking Investment First

Posted on April 21, 2006 by Doug Heddings

People have been saying for years that “a home is a good investment,” and it looks like young people are getting the message loud and clear. Business Week‘s Peter Coy shares some new research: Yale economist Robert Shiller, author of … Continue reading →

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Outer Boroughs and “The Next Neighborhood”

Posted on April 21, 2006 by Doug Heddings

The Real Deal has word that prices jumped in the outer boroughs in 2005. I can’t say I’m surprised. More and more of my clients have been priced out of the Manhattan market and have explored options in the boroughs. … Continue reading →

Posted in Neighborhoods | 2 Comments

A Broker’s View of Unscrupulous Real Estate Brokers

Posted on April 20, 2006 by Doug Heddings

In the latest episode of the TrueGotham podcast, we delve into one of New York’s favorite topics: unscruplous real estate brokers. The episode is a little more than eight minutes long, and covers a lot of ground. Here’s an excerpt, … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Podcast, Tips & Advice | 8 Comments