Category Archives: In The News

Proposed Tax Plan and Potential Impact on NYC Real Estate

Posted on December 12, 2017 by Doug Heddings

I’m not generally one to discuss hypotheticals, but seeing how so many customers and agents are deeply concerned about the potential impact of the $1.5 trillion in proposed tax cuts, here are my thoughts. First of all, in my 25 … Continue reading →

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Hudson Yards on Voice America

Posted on September 27, 2016 by Doug Heddings

This morning I was live on Good Morning New York, Real Estate talk show with CORE agent and co-host Vince Rocco. Vince and I discussed Hudson Yards, the largest private real estate development in United States history. In the interview, … Continue reading →

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Emotion – The Intangible Market Predictor

Posted on August 26, 2015 by Doug Heddings

“The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” – Warren Buffett Back in 1992 when I entered the Manhattan real estate market professionally, I made a conscience decision … Continue reading →

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Related Companies Buys a 50 Percent Stake in CORE Residential Brokerage!

Posted on October 23, 2014 by Doug Heddings

In one of the most synergistic marriages to ever take place on the NYC real estate frontier, world-reknowned develop Related Companies has purchased a 50% stake in Manhattan’s #1 Boutique brokerage firm, CORE. I am thrilled to be a part … Continue reading →

Posted in In The News, In The News / Press, New Developments | 1 Comment

The $50M Home Market

Posted on September 2, 2014 by Doug Heddings

Manhattan real estate has become so incredibly sexy.  From the dramatic “reality” shows to the media reports of billionaires and foreign investors gobbling up property, it has never been a more exciting time to live in NYC. Today, Curbed ran an interesting … Continue reading →

Posted in Fun, In The News, Market Insight | 1 Comment

Manhattan Ranked Second Best Place in the Country to be Single

Posted on July 28, 2014 by TrueGotham Blog

According to a recent survey conducted by Rent.com, Manhattan is the second-best place in the country to live if you are a single adult. Defining a single adult as anyone over the age of 20 who has never been married … Continue reading →

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CA Technologies Moves its Headquarters to Manhattan

Posted on July 13, 2014 by TrueGotham Blog

Another major company has transitioned from being located on Long Island to calling Manhattan its home. Last month, software giant CA technologies quietly made the move after unofficially making Manhattan its headquarters for the past several years. Prior to making … Continue reading →

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“Big U” Project to Protect New York City While Adding Public Space and Beauty to the City

Posted on July 2, 2014 by TrueGotham Blog

Last month, a plan to build a 10-mile barrier around New York received $355 in federal funding. Referred to as the “Big U,” the proposed barrier will defend the city against floods while also serving as public parkland ad gardens … Continue reading →

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Lower Manhattan Gets New Life with Condo Development Plans

Posted on June 25, 2014 by TrueGotham Blog

After the housing market crash in 2008, developers and lenders delayed many of their plans to build and finance condos in certain parts of Manhattan. This was particularly true in the lower Manhattan area below Chambers Street. With $1 billion … Continue reading →

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Manhattan Rental Prices Continue Upward Trend

Posted on June 20, 2014 by TrueGotham Blog

After showing a bit of a slow down in price increases in recent months, rental prices in Manhattan are skyrocketing once again. In fact, rental prices are reaching the highest levels they have been at in more than five years. … Continue reading →

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