Weekly Roundup: The Fed’s actions could lower rates

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 another of today’s three posts.

BILLY’S EX STANDS TO CLEAN UP IN MORE WAYS THAN A SPIC-AND-SPAN KITCHEN

LATE MERGER MAVEN’S FIFTH AVENUE APARTMENT IS LISTED FOR $26 MILLION

SHE’S NOW GETTING HER LETTERS AT DEVONSHIRE HOUSE IN GREENWICH VILLAGE

AUTHOR OF GREED AND GLORY ON WALL STREET BUYS SECOND MULTI-MILLION-DOLLAR APARTMENT

PALIN DOPPELGANGER DISPOSES OF AN UWS STUDIO SHE USED AS AN OFFICE NEAR HER $3.4 MILLION CO-OP

NOVELIST AND PAINTER WIFE SELL GRAMERCY PARK TOWNHOUSE FOR A GREAT PRICE

ACTOR IS TREATED TO SALE OF HIS BROOKLYN TOWNHOUSE OVER THE ASKING PRICE

AND AN ACADEMY-AWARD WINNER’S MAISON BLANCHE IS FOR SALE ON THE UPPER EAST SIDE


HOME OWNERSHIP IS AT Continue reading

Pricing properties was usually easier than now

A trophy apartment seeking a buyer who needs no financing.

Pick a million, any million

When it comes to pricing properties these days, brokers in Manhattan are at a loss.  In a dynamic market, they’ll tell you, no one knows the best asking price.

Now, comparable recorded sales are almost useless: Those contracts were signed months previously, and the housing market has changed. Continue reading

The more things change–well, you know the rest

The Time Warner Center seen from the Top of the Rock in Rockefeller Center.

The Time Warner Center seen from the Top of the Rock in Rockefeller Center.

A broker friend of mine mentioned the other day that there was a broker open house tour near Columbus Circle at the southern end of the Upper West Side.  She thought the apartments on view might well interest me.

Most brokers, including me, are little different from most consumers in that the most expensive and lavish properties hold a particular fascination.  High on the list of such properties are apartments in the Time Warner Center.  (I’ve written about them in past newsletters.)

Continue reading