Browsing All Posts filed under »The Blumstein Take«

Doug Sundheim’s Leading Idea – Always Do What’s Right

September 20, 2010

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It is easy to get caught up in charging through a difficult situation to get to a result without pausing to think about if you are going about it the right way.  It helps to have a well honed moral compass so that when these road bumps of life arise you need just go with […]

Corcoran’s August Market Update

September 13, 2010

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Corcoran’s August Market Update

Doug Sundheim’s Leading Idea – Listen to the Whisper Inside You

September 7, 2010

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Another bit of Wisdom from Doug Sondheim, this time focusing on the little voice inside that drives for excellence.  It is relevant to everyone, as only that which is truly unique and forward thinking can be set apart from the pedestrian.  Listen to the whisper inside you “None of us will ever accomplish anything excellent […]

One Person’s ‘Dip’ is Another’s Opportunity – The Importance of Perspective

September 7, 2010

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We’ve said it before and we’ll say it again.  National predictions in real estate and other locally driven markets are often misleading and more a referendum on either the global/national economy or a particular pundit’s ego.  Sure, areas in Florida are still down over 60% from the peak, but San Francisco is up 19% from […]

Like in NYC, National Vacancy Rates are Dropping

August 9, 2010

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While Manhattan has flirting with 1% and lower vacancy rates for the last few months, the rest of the country has been on the decline as well.  In the top 64 markets in the US, apartment specific vacancy has dropped from over 8.2% to 6.6% since 2009.  That is a 25% drop in availabilities.   In […]

2nd Quarter REBNY Broker Survey Round Up

August 4, 2010

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REBNY, AKA the Real Estate Board of New York, just released its 2nd quarter survey findings from talking to REBNY agents.  A positive outlook for the most part, but often we’re an optimistic bunch. REBNY RESIDENTIAL BROKER’S SURVEY PROVIDES INSIGHT INTO NYC HOUSING MARKET   Data Indicates that Residential Rental Market Is on the Fastest Track […]

Condos Leading the Charge in NYC, 6 out of 8 areas increase

August 4, 2010

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A report just came out from Radar Logic (covered in WSJ) regarding current trends in Condo sales.  It appears that these have been relatively strong year over year, both with a slight increase in cost per square foot, but more significantly with a near doubling of actual sales. The biggest gain comes from the financial district.  […]

GET IT WHILE ITS HOT!! Updated Blumstein Team NYC Rental Guide

August 4, 2010

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Click for Full Rental Guide PDF Moving to or around New York City can be a complete nightmare.  This, of course, is why we are in the business to make the transition as smooth as possible.  We have put together an updated pamphlet on the practice, you can download it by clicking here: Blumstein Team at […]

The Psychology of Real Estate – Buyers are Savvy yet Seducible

July 20, 2010

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WSJ’s Smart Money just came out with an article checking in on the ongoing study of the psychology of real estate.  The article quickly covers a variety of issues, but they are a bit enlightening.  For instance, buyers are savvy to broker speak.  I say broker speak because anyone who has searched for a rental or […]

“Tear Down This Wall” Dept. Of Bldgs Adopts Reagan’s Line

July 19, 2010

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As the ripples from a tragic event in the Bronx involving two firefighters who perished after leaping from a building have finally hit Manhattan, the landscape of renting in the City is likely to change.  Pressurized walls, so common to the students and young professionals who want to live close to the action or work […]

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