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Stocks End Q3 with Sharp Selloff, Yellen and Powell Denounce Debt Ceiling

Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen both discussed the dangerous game of chicken with the debt ceiling currently taking place...

13th Avenue: NYC’s Shortest Avenue

Maybe 13 is actually an unlucky number.  It’s certainly one possible explanation why 13th avenue in Manhattan no longer exists.  Jokes aside, anyone who has visited...

Unprecedented Real Estate Prices – What Does It Mean For New York Investors?

Most of us can agree that the worldwide pandemic has had a prodigious effect on Wall Street and the global economy. What’s not so...

Inwood Considers New Zoning Ramifications

Inwood’s new zoning guidelines are starting to go into effect, and not surprisingly, land purchases are gradually increasing and construction projects are breaking ground. ...

Fed Gives All Clear for Stocks and Low Mortgage Rates

Fed Chairman Powell reaffirmed yesterday the Central Bank's desire to remain highly accommodative, sending stocks higher and volatility much lower.  In today's pre-market trading,...

Robert A.M. Stern to Build Affordable Homes in the Bronx

Architect Robert A.M. Stern’s next big project seeks to make a dent in the affordable housing crisis afflicting New York City. Set in the...

VIX Remains Elevated Awaiting Fed Statement on Interest Rates

Despite a somewhat successful buy-the-dip rebound yesterday, VIX remains stubbornly elevated at 22.88 pre-market on September 22nd, 2021.   The volatility index actually closed higher...

How To Prepare For a Co-op Board Interview

Update: While many interviews take place online, others have resumed in person interviews should the tenant prefer now that COVID restrictions have mostly been...

Is Washington Heights Really the Last Holdout of Affordability in Manhattan?

It's no news that New York City is one of the most expensive cities to live in around the globe, and finding housing in...

China Evergrande Pulls Stocks and Crypto Sharply Down Pre-Market

After a summer of only mild downticks and dips, equity and crypto investors woke up Monday September 20th to one of the largest weekend...

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