In the incendiary days of our overheated market just four or five years ago, you couldn’t give away renovated properties.
Flush with Wall Street largesse, seemingly all buyers wanted to impose their own taste on any apartment or townhouse they considered. So what if it took wads of cash, endless frustration and overwhelmingly large pools of patience?
Buyers wanted to do their own thing.
Those days are pretty much in past, and I imagine they’ll be back. But the properties that sell quickest of late Continue reading
If you can’t beat them, you don’t have to let bedbugs join you
Adam Greenberg, president of USBedBugs.com, one of the country’s largest online retailers of anti-bedbug gear, tells BrickUnderground.com that, in comparison with the rest of the nation, New Yorkers are “ahead of the curve” on knowing what to do about bedbugs. Says he:
“Therefore, New Yorkers are both more hands-on in the products they buy for monitoring and treatment of bedbugs and also more proactive at purchasing prevention items like mattress encasements and travel protectors.”
Because almost everyone knows someone who has experienced bedbugs by now, they know the value of the prevention items, Greenberg explains.
Topping his list of 10 preventative items purchased are luggage and clothing encasements–that is, containers for containers. For the other nine, visit BrickUnderground.
New Web site points to best public schools using your maximum price to purchase or rent
SchoolFisher.com is for New Yorkers “who want Continue reading
Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About early next week.
A broker at his open house recently shared with me what he believes is an effective pricing subtlety. Frankly, I can’t disagree with him.
When it comes to pricing apartments that don’t demand renovation, about which more below, Richard has learned that buyers are none too likely to lowball their offers.
However, with apartments that need work, said he, they invariably cut their offers significantly below the asking price.
The listing he was holding open that Sunday was a prime example. In the mid 70s on the Upper West Side, the co-op had a price of approximately $2 million. Continue reading