The Blumstein Take | This Braswellian Life

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November 2010 Rental Market Report for NYC, Intricacies Explained

December 9, 2010

The new Citi Habitats ‘State of the Market’ report just came out and gives us some insight into how the rental market is looking. Topline: – Relative to October 2010, Vacancy rose .05%, meaning 1 more apartment per 2000 was on the market than in October. Compared to a year ago however, vacancies are down […]

Doug Sundheim’s Leading Idea – Learning Through Asking ‘Why?’

December 6, 2010

People are often very resolute in their ideas. From the way one formulates an idea, how they go about expressing those ideas and the innate desire to hold onto them despite evidence to the contrary is normal. But if you are the type who particularly exemplifies the latter position and who may not ever entreat another’s opinion, […]

Most Expensive East Village/Lower East Side Rentals (December 2010)

December 6, 2010

Some talk has been floating around about a new rental on the market at 38 East 1st for $30,000/month. This makes it the most expensive rental currently on the market in the East Village/Lower East side. Well why the big fuss? Oh right, it is asking $30,000 per month. the rental price tag may make it the […]

10 Tenants Tipping, 9 Doormen Grinning

November 30, 2010

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 […]

Doug Sundheim’s Leading Ideas – Organization Inspiration

November 30, 2010

When times are tough and money is tight the usual tools of boosting morale though salary raises, perks and bonuses are unavailble. of course, these are often temporary carrots to be dangled, ones that require constant revisiting to keep the mouths salivating. These days there is a perfect opportunity to restate your vision for success and […]

Doug Sundheim’s Leading Idea – Be Confidently Vulnerable

November 16, 2010

Be Confidently Vulnerable “Honesty and transparency make you vulnerable. Be honest and transparent anyway.” — Mother Theresa (1910-1997) Catholic Nun & Humanitarian This week a client asked me what I felt was the most important quality of a successful leader. My response was authenticity because, like a knife, it can cut through undiscussed issues, […]

Find Fall Flavored Foliage in NYC Forests – 30 Treed Areas to Explore

November 10, 2010

As Fall gives way to Winter, so do the last vestiges of life and warmth. The sun disappears earlier and earlier, skirts and t-shirts become pants and pea coats. Smiles turn upside down and the morning wind outside your window bellows in an icy shriek – “staaaay hooooOOoooome…”. In the final week or two of this transition, […]

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

November 4, 2010

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

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

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 […]