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For Manhattan Housing, No Double-Dip (Yet)

Back in April, there was much hand-wringing (and Obama-blaming) when apartment sales prices actually dipped in the first quarter. It turns out the first-time homebuyer tax credits had not so much buoyed the Manhattan housing market as put a kink in its decline that is still being worked out.

The good news was the dip meant a return to the normal, seasonal cycles, and it is reaffirmed today with the release of No. 1-in-our-hearts Jonathan Miller‘s report for Prudential Douglas Elliman. Read More

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Why not? (Getty Images)

My Super Sweet Thirtieth Birthday Party

Dana Karwas had two images mind as she set about planning her 30th birthday party. It was to be the first grand celebration of her life. One image was the scene at the end of Fellini’s , when a small brass band does a brief march on an Italian beach. Another was a persistent daydream Read More

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Everybody Go Downtown!

At the northern end of midtown, where the skyscrapers abut Central Park, there’s a rarified realm called the Plaza district. Bounded, depending on whom you ask, by 54th and 64th streets, Park and Sixth avenues, this is where the kings among men work: the billionaires, the families with foundations, the private-equity royalty. It’s expensive, exclusive Read More