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10 Tenants Tipping, 9 Doormen Grinning

November 30, 2010

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In New York City there is a constant presence of service.  There are multiple methods of transportation at your fingertips, more restaurants than you could ever eat at, dry cleaning on every corner and a bevy of electric bicycles ferreting delivery men around the place.  For many of us, our own building where we live has individuals […]

One Best and One Worst Asian Restaurants After 1 Year

November 23, 2010

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article and restaurant opinions by Grant Braswell I can never seem to eat enough asian food.  Be it Thai, Chinese, Japanese, Vietnamese, Indian or other, the spices and flavor combinations of the west almost always please my palate.  Sure, a lot of times the food is not as authentic to the region as it could be, but most […]

It’s (Mostly) a Wash – The Mathematics of Broker’s Fees

November 4, 2010

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Over 90% of rental and sale deals in Manhattan involve at least one broker.  Brokers and agents are licensed real estate professionals, and thus are suited (legally) to handle the marketing and processing of each transaction.  Not every agent is a joy to work with – we on the Blumstein Team feel the side effects of […]

How Does the GOP Shift in the House Affect Housing?

November 3, 2010

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With nearly all votes tallied for the 2010 election, it appears as though the House will be held in the majority by republicans.  This shift in governance brings ideological changes to how our government will approach a variety of issues.  With Real Estate being such an important aspect of wealth in America,  undoubtedly new policies will […]

East Village and LES Rental Round-Up – November 2010

November 2, 2010

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originally posted on NearSay by Contributor Grant Braswell With the ensuing holiday season comes a lull in rental activity.  The downtown students matriculating to Parsons, NYU, Cooper Union and FIT among others have (hopefully) locked in their apartment to focus on their scholarly pursuits at Bar None and Pommes Frites.  For everyone else, the prospect […]

Moving on Up! Harlem Continues to Attract Investment, Conflicted Feelings

November 1, 2010

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Clients and people we meet off the street are constantly asking where to find the next Alphabet City, the next Williamsburg (that hopefully wont stagnate).  Those who are thinking more longterm want to find the next good investment, and who could blame them.  Our own team has good personal experience with this type of foresight as […]

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 […]

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 […]

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 […]

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