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	<title>Observer &#187; The Afternoon Wrap: Monday!</title>
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		<title>Observer &#187; The Afternoon Wrap: Monday!</title>
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		<title>The Afternoon Wrap: Monday!</title>

		<comments>http://observer.com/2006/11/the-afternoon-wrap-monday-3/#comments</comments>
		<pubDate>Mon, 27 Nov 2006 16:13:09 -0400</pubDate>
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		<description><![CDATA[<p><img alt="ysl.bmp" src="http://therealestate.observer.com/ysl.bmp" width="84" height="121" /><br />Mr. YSL! [Teller]</p>
<li>Yves Saint Laurent's 75-acre estate, an 1874 doozy off the Normandy Coast, has been reduced from $25.6 million to $19.9. (Why? "It was too much.") We hope his old Fifth Avenue pad <a href="http://www.foxresidential.com/properties/146148/">does a little bit better</a>. (It can be fashionably yours for a mere $7.75 million.) <a href="http://www.forbes.com/forbeslife/realestate/2006/11/22/ysl-france-estate-forbeslife-re-cx_lm_1122movers.html"><em>[Forbes]</em></a></li>
<li><strong>Realtor-Mocking Blog Post of the Month</strong>: A couple of weeks ago, the <em>Freakonomics</em> geniuses noticed the National Association of Realtors' <a href="http://narblog1.realtors.org/mvtype/narinthenews/2006/10/realtor_is_to_real_estate_agen_1.html#more">ego-bruised response</a> to a poll listing realty as the single least prestigious calling. (The NAR's retort doesn't exactly add to the profession's reputation.) "It can't feel good to come in dead last in anything," <em>Freak</em>-man Stephen Dubner wrote, "even a public-opinion survey."  <a href="http://www.freakonomics.com/blog/2006/11/13/more-bad-news-for-realtors-part-819/"><em>[Freakonomics]</em></a></li>
<li>Thankfully, the rental market is apparently cooling off after a hellish summer. Will renters have an easier time this winter? "The party might be over for the city's brokers and landlords," writes <em>The Real Deal</em>, "at least for now." <a href="http://www.therealdeal.net/breaking_news/2006/11/27/1164657995.php"><em>[TRD]</em></a></li>
<li>Though the "U.S. General Services Administration" doesn't sound like an exciting bunch, they've filled their "influential chief architect post" with a young modernist instead of a classicist (who had been considered a shoe-in). Viva modernity! <a href="http://www.chicagotribune.com/entertainment/chi-0611270014nov27,1,1491119.story?ctrack=1&amp;cset=true"><em>[Chicago Tribune, via Arch News Now]</em></a></li>
<p> - <em>Max Abelson</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img alt="ysl.bmp" src="http://therealestate.observer.com/ysl.bmp" width="84" height="121" /><br />Mr. YSL! [Teller]</p>
<li>Yves Saint Laurent's 75-acre estate, an 1874 doozy off the Normandy Coast, has been reduced from $25.6 million to $19.9. (Why? "It was too much.") We hope his old Fifth Avenue pad <a href="http://www.foxresidential.com/properties/146148/">does a little bit better</a>. (It can be fashionably yours for a mere $7.75 million.) <a href="http://www.forbes.com/forbeslife/realestate/2006/11/22/ysl-france-estate-forbeslife-re-cx_lm_1122movers.html"><em>[Forbes]</em></a></li>
<li><strong>Realtor-Mocking Blog Post of the Month</strong>: A couple of weeks ago, the <em>Freakonomics</em> geniuses noticed the National Association of Realtors' <a href="http://narblog1.realtors.org/mvtype/narinthenews/2006/10/realtor_is_to_real_estate_agen_1.html#more">ego-bruised response</a> to a poll listing realty as the single least prestigious calling. (The NAR's retort doesn't exactly add to the profession's reputation.) "It can't feel good to come in dead last in anything," <em>Freak</em>-man Stephen Dubner wrote, "even a public-opinion survey."  <a href="http://www.freakonomics.com/blog/2006/11/13/more-bad-news-for-realtors-part-819/"><em>[Freakonomics]</em></a></li>
<li>Thankfully, the rental market is apparently cooling off after a hellish summer. Will renters have an easier time this winter? "The party might be over for the city's brokers and landlords," writes <em>The Real Deal</em>, "at least for now." <a href="http://www.therealdeal.net/breaking_news/2006/11/27/1164657995.php"><em>[TRD]</em></a></li>
<li>Though the "U.S. General Services Administration" doesn't sound like an exciting bunch, they've filled their "influential chief architect post" with a young modernist instead of a classicist (who had been considered a shoe-in). Viva modernity! <a href="http://www.chicagotribune.com/entertainment/chi-0611270014nov27,1,1491119.story?ctrack=1&amp;cset=true"><em>[Chicago Tribune, via Arch News Now]</em></a></li>
<p> - <em>Max Abelson</em></p>
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