Category Archives: In The News

Don’t Melt Down

Thursday, March 24, 2011 | Source: The Street.com Overwork went straight to Douglas Heddings’ back. The founder of Heddings Property Group in New York City, Heddings has suffered from chronic stress-related back pain for more than a decade. Even as … Continue reading

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Ask an Expert: A Buyer’s Options When the Appraisal Is Too Low

Tuesday, March 01, 2011 | Source: Brickunderground.com Q. What are your options if the appraisal comes in too low when you’re in contract to buy an apartment? I can’t get the mortgage I need and the seller won’t budge on … Continue reading

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Small apartment changes can make a big difference in price

Tuesday, February 22, 2011 | Source: The Real Deal Small details which affect the appearance of an apartment can change the ultimate sales price by 5 to 10 percent, brokers told the New York Times. Read More…

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To Sell an Apartment, No Detail Is Too Small

Monday, February 21, 2011 | Source: The New York Times On a recent Thursday morning, Jamella Swift, a Citi Habitats broker, was trying to anticipate every detail that would prevent a buyer from purchasing the two-bedroom condo she was selling … Continue reading

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Summer Catch

Wednesday, February 16, 2011 | Source: NY Post Traditionally, President’s Day weekend serves as the starting gun for the moneyed set to elbow their way out to the Hamptons and hunt down a seaside summer rental.While the race was more … Continue reading

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Online Video Becomes A Powerful Tool In Real Estate

Monday, January 31, 2011 | Source: NY1 Online videos have now become the hottest tool for marketing properties. “Video has been the most powerful marketing tool. It’s honest, it shows the place for what it really is,” says Douglas Heddings … Continue reading

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Entrepreneurs rush into NYC real estate market

Monday, January 31, 2011 | Source: The Real Deal Citi Habitats founder Andrew Heiberger’s well-funded new brokerage, Town Residential, made a splash when it debuted late last year. But the brokerage is far from the only new business in the … Continue reading

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You Don’t Have to Pay 6%

Friday, January 28, 2011 | Source: New York Times PRICES in the New York real estate market may rise and fall, and trends in housing may come and go, but one number has remained largely unaffected: the 6 percent broker … Continue reading

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New real estate firms share wealth

Sunday, January 09, 2011 | Source: Crain’s Real estate broker Douglas Heddings did something radical last summer. He started his own firm using a drastically different business model, one that not only pays brokers higher commissions but also a share … Continue reading

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Sutton Place: If Only Ritzy Is Good Enough

Saturday, January 08, 2011 | Source: Wall Street Journal On Manhattan’s East Side near the East River is Sutton Place, which includes some of the city’s most exclusive enclaves. The neighborhood takes its name from Effingham B. Sutton, a 19th-century … Continue reading

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