Feed

Oliver Haydock

White Gloves Off?

Manhattan doormen, ably trained as they are in the art of regulating traffic in and out of the city’s abodes, might want to start battening down the hatches: The economy … is … coming. In these troubled economic times, some residential building workers, who are members of the union 32BJ, are finding their services superfluous Read More

Yes, Vacancies

New theory: As the stock market continues to go down, down, down, Manhattan’s apartment vacancy rate will go up, up, up. Back in August, before Lehman Brothers imploded, the vacancy rate was 1.39 percent in Manhattan, according to statistics from Citi Habitats. Their February report, available here (PDF), indicates a 2.46 percent vacancy rate, Read More

The Sit-Down: Auction, Auction!

Location: When did you start tracking foreclosure data at PropertyShark?

Mr. Staniford: We started tracking foreclosures since the beginning of the company, which was about six years ago. It really started out at a very low level; we actually had one person going down to the Brooklyn auctions. Once we started Read More

Low Season: Hotel Boom’s Screeching Halt

Pop! That’s the implosion of New York’s seemingly indestructible hotel industry, which this January had one of its worst months of the past six years.

According to Smith Travel Research, an industry research firm based in Nashville, Tenn., the citywide occupancy rate in January was 59.5 percent, an annual decrease of Read More

Anarchy in Gay Paree

The Dynamite Club: How a Bombing in Fin-De-Siècle Paris Ignited the Age of Modern Terror
By John Merriman
Houghton Mifflin, 272 pages, $26

Long before suicide bombers were blowing people to bits in London, Sri Lanka, Israel and Iraq, extremists in Western Europe and North America displayed the same sort of callous disregard for the Read More

Perception Is Realty

A prospective tenant in Manhattan recently included her unemployment payments as financial ballast on her rental application. Instead of being mocked or disregarded, the application was accepted, according to Marc Lewis, whose Century 21 NY Metro represents the landlord.

Oh, my, how times have changed.

Anecdotes abound about ready-to-negotiate landlords and falling rents. Read More

New Cheap City!

When the Center for an Urban Future, an urban policy think tank, released a report last week documenting in great detail the continued misfortunes of the middle class in New York City, many people responded with little more than a faint raising of the eyebrows and a disaffected shrug of the shoulders, as if to Read More