bio: peter comitini »

market knowledge
Manhattan market report »
townhouse report »

follow peter comitini

peter's newsletter
sign-up here »

the topics
blogs & sites
design
downtown
economy
for sale or rent
green city
headroom
market reports
professional
property geek
questions & answers
tips for buyers
tips for sellers
videos
newsreal bookmarks
peter's photos


real estate services
home page
selling your property
buying a home
browse listings
recent press
contact peter


recommended
design & ideas
green design
neighborhoods
nyc resources
real estate
real estate: overseas

the archives
April 2014
November 2013
April 2013
February 2013
January 2013
June 2012
April 2012
March 2012
February 2012
January 2012
December 2011
July 2011
February 2011
January 2011
December 2010
October 2010
July 2010
June 2010
May 2010
February 2010
January 2010
December 2009
October 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
all archives

Friday, September 14, 2007

Video: East Village memories

The scene at Andy Warhol's 'Exploding Plastic Inevitable'
on St. Mark's Place in the 1960s

east villagevideodowntownA perfect little video interlude titled Art and Unrest in the East Village appeared online at the NY Times site today on the history of the East Village by John Strausbaugh, who also wrote the related article Paths of Resistance in the East Village. It's the neighborhood that my grandparents lived in after emigrating to the US in the early twentieth century, as well as countless others who came here before and afterward. Later in the 50's, and more as I remember it in the late 70's as an Art student, it was the epicenter of counter-culture and the NY Arts scene. The piece laments that the the "East Village has been dragged up-market" as a sort of negative which might be challenged by my parents and others who grew up there during the Great Depression and witnessed its decline. The work of activist, photographer and videographer Clayton Patterson, a native of Alberta, Canada, is featured throughout. He has documented the changes he's seen there since 1979. Mr. Patterson, also the editor of Resistance: A Radical Political and Social History of the Lower East Side, a collection of essays on the politics of East Village real estate.

continued+

Thursday, September 13, 2007

Podcast: discussing the national housing market

The experience of the rest of the country is a bit different from ours in Manhattan, which continued to see strong demand, declining inventory, and rising prices, in the second quarter of 2007. For more details see my post Facing the Fall? Seasons change in NYC real estate. Today's podcast is a thought provoking discussion from our friends at the 'Wharton School of Business'. Listen-in here, download a copy for your ipod, or read a transcript after the jump.


download audioplay audio

housing bubblenational marketHome Truths about the Housing Market

The sub-prime mortgage crisis and the credit crunch that has followed in its aftermath are taking their toll on the housing market. On August 28, the S&P Case-Shiller U.S. National Home Price Index showed that home prices fell 3.2% in the second quarter. According to the National Association of Realtors, the inventory of unsold homes is at a record high. As sales have fallen, many home builders have seen their stock prices drop by more than 60% during the past year. How serious is this situation? Is there light at the end of the tunnel? Joseph Gyourko, director of Wharton's Samuel Zell and Robert Lurie Real Estate Center, and Todd Sinai, a professor of real estate, spoke to Knowledge@Wharton about these questions and more.

continued+

Monday, September 10, 2007

a September 11th photo journal from ground zero

Sculpture taped to a wall near Ground Zero in 2005.

a 9/11 photo journal from ground zerodowntown manhattanI live in Tribeca, just north of the World Trade Center site, about four blocks away from ground zero. Each year since that terrible day, I've made it a point to visit ground zero to pay my respects to those who were lost there. For the past five of those years, I've carried a camera and documented a slice of time from each September 11th which I'm presenting here as a photo journal hosted on Flickr. The journal goes from last year, backward chronologically, and is a personal project. These are snapshots of the street life; people, artifacts and art, which caught my attention at the site. Ground zero has become a magnet for all sorts of people and agendas each September 11th. I could go on, but a picture is worth a thousand words. Chances are I'll make it down this year as well and have something new to share later this week.

see photos: A September 11th Photo Journal

Thursday, September 6, 2007

State of the Mortgage Market

marketI posted earlier in the week about how co-ops may have helped avert a crisis here so far. But the ripples of the credit shakeout are going to touch our market too. One of the ways it's happening is that the bar to qualify for a mortgage has been getting raised nation wide, which has made it harder for NYC buyers to get financing for their deals too. I received an email message today from Melissa Cohn, President & CEO of The Manhattan Mortgage Company about the state of the mortgage market. It's a great take from the front line, on the recent changes and how they are impacting home buyers.

"Today’s mortgage market has certainly gone though many sweeping changes over the past few months. With over 120 lenders having shuttered their doors this year alone, the biggest question that we are asked is "how do I make sure my loan will close?"
MELISSA COHN, PRESIDENT & CEO, MANHATTAN MORTGAGE COMPANY

continued+

Jump to page:  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11  |  12  |  13  |  14  |  15  |  16  |  17  |  18  |  19  |  20  |  21  |  22  |  23  |  24  |  25  |  26  |  27  |  28  |  29  |  30  |  31  |  32  |  33  |  34  |  35  |  36  |  37  |  38  |  39  |  40  |  41  |  42  |  43  |  44  |  45  |  46  |  47  |  48  |  49  |  50  |  51  |  52  |  53  |  54  |  55  |  56  |  57