Browsing All Posts published on »October, 2010«

Push Continues for the No. 7 Line Extension

October 27, 2010

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As a Crains NY article discusses, Developers such as the Silverstein Group and Durst Fetner, various construction companies and the city of New York have pooled together $750,000 to apply for a $3,000,000 grant from the TIGER II Discretionary Grant Program, an offshoot of the national Department of Transportation.  TIGER II has $660M to hand […]

Google Close to Buying 111 Eighth Ave – for $2,000,000,000

October 27, 2010

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According to a CNBC post this morning, Google is rumored to be close to signing a contract to purchase 111 Eighth Ave in lower Chelsea.  The building is 2.9 million square feet of commercial space, of which Google currently rents 500,000.  

Doug Sundheim’s Leading Idea – Don’t Stop Bad Behaviors…Start Good Ones

October 26, 2010

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There is little to add to this week’s Leading Idea by Doug Sundheim.  We all have our own shortcomings, vices and bad behaviors that if we’re lucky enough to recognize we want to fix.  Doug’s solution makes a lot of sense. Don’t stop bad behaviors…start good ones “Nature abhors a vacuum” — François Rabelais (1494?-1553), […]

Buckling Down on Appraisers – Increasing the Fairness of Appraisals

October 26, 2010

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Market watch just dropped an article on the new laws coming into effect for the appraisal community.  This is an important issue in the real estate world as appraisers bridge the gap between actual value and what a new buyer wants to pay, be it too low or high.  Traditionally they are constantly pulled in […]

John Paulson – Buy a Home (I have faith in you… this time)

October 26, 2010

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John Paulson, the man who made billions of dollars of the recent financial meltdown, is now encouraging a practice he once shorted for immense personal gain ($3.7B salary in 2007).  While many dispute the integrity of someone keeping mum while anticipating a tsunamic meltdown, he is undeniably smart and in tune with the mortgage market, one […]

Walking a Tight Rope – Development in the East Village

October 25, 2010

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  originally posted by Grant Braswell of the Blumstein Team on Nearsay.com This last weekend, Corcoran Sunshine (Corcoran’s new development arm) held a gigantic open house spanning the entire city and all of their new developments.  Hundreds if not thousands of brokers and buyers came out in force to check out the properties. My team was […]

Biking Downtown in New York City – A Dream Tough to Get Right

October 19, 2010

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Originally posted on Nearsay.com by contributor Grant Braswell   One goal of any urban area should be to make available options for clean, quick and relatively cheap transportation. We can’t ask people to not use cars – that would (lamentably) be un-American. Buses are helpful, but they are painfully slow.  While a full bus is one smallest […]

Harvard Review the State of the Nation’s Housing

October 19, 2010

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Recently the Joint center for Housing Studies of Harvard University released their State of the Nation’s Housing 2010.  It is mind-numbingly thorough – diving into many subfields of housing (new development, resale, reconditioning, foreclosures, etc) and provides a basis for the rational breaking down the data into a myriad of variables (first time buyers, immigrant buyers, joblessness […]

Corcoran Sunshine’s Fall Open House Extravaganza This Weekend

October 18, 2010

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A few times a year Corcoran’s new development arm Corcoran Sunshine holds a large Open House at all of their properties.  This weekend on the 23rd and 24th from 11am-5pm  all of the properties will be staffed.  There are 4 on the Upper East Side, 1 in Midtown West, 3 in the Financial District, 2 in the […]

Sydney Blumstein a Music Video Phenom!

October 14, 2010

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OK OK, so perhaps the title is a bit over the top.  However, in an exicting turn of events, our own Sydney Blumstein is in a music video by the Pimps of JoyTime.  The track, entitled “Blues Wit You” is a funky jam that was filmed in a loft in Brooklyn (Bushwick).  You may also […]

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