Author Archives: Doug Heddings

Government Restrictions on New-Breed Mortgages?

Kirsten Downey of the Washington Post recently spilled the beans that the government might like to curb some of today’s more creative mortgages: Speaking to the New York Bankers Association, John M. Reich, director of the Office of Thrift Supervision, … Continue reading

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Enter Google, Craig’s List, FSBOs, and a Shakeout

The Wall Street Journal Online is reporting on the erosion of Realtors’ hold on home listings. This may come as a surprise: I am excited about the changes that are taking place in my industry and welcome the competition. Let … Continue reading

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The Exclusive Poach

Word behind-the-scenes at Prudential Douglas Elliman is that you better be the lookout for small agencies poaching exclusive listings. There are reports of listings by competing agencies for properties that are under exclusive listing agreements with Pruduntial Douglas Elliman. In … Continue reading

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Real Estate Journal Suggests Mushy Markets Everywhere

The Real Estate Journal reports all over the country markets are experiencing unusual springtime behavior. Lauren Baier Kim reports: Driving to work this morning to Dow Jones’s central New Jersey campus, I spotted many house “For Sale” signs, along with … Continue reading

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The TrueGotham Team

Douglas Heddings Founder of The Heddings Property Group, LLC at Charles Rutenberg Realty, and formerly a top producing Senior Vice President of Prudential Douglas Elliman for 11 years, Doug is among the top 1% of real estate brokers nationwide. With … Continue reading

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Ugly Views on Water Street

There’s a little spat brewing at 275 Water Street. It started with this news from Curbed in January: The views from the South Street Seaport-area apartments at 275 Water Street are pretty sweet… sweet enough to price this two-bedroom loft … Continue reading

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Battery Park Pretty

Dan Shaw reports in The New York Times about single mom Denise Spatafora, who wanted to live in the big apple but doesn’t really like… concrete. Welcome, friends, to outdoorsy Battery Park City. With its 32 acres of parks and … Continue reading

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TrueGotham

Douglas Heddings The Heddings Property Group, LLC 515 West End Avenue New York NY 10024 646-726-4860 Questions about this blog? E-mail TrueGotham.

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Carol Lloyd at the Real Estate Wealth Expo

Between the flashing lights, scantily clad women, and Donald Trump speeches, SFGate.com’s Carol Lloyd found some meaning at a recent Real Estate Wealth Expo in San Francisco. …as I wandered the halls, visiting workshops on tax evasion (er, I mean, … Continue reading

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New York Didn’t Even Make the Top Ten

I always assume New York will be on every list of “ten most expensive places to…” But when it comes to insuring your residence, the Empire State didn’t make this Forbes list at all. Take that, Texas.

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