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Oliver Haydock

Hamptons for Beginners

Location: The first-quarter Hamptons’ market reports are on the way and should be released this week and next. What will people be talking about?Mr. Hoffman: As recently as a year and half ago, we were talking about the Hamptons’ real estate remaining strong even as the rest of the country was going through the subprime Read More

The Mets’ Other Guy

Mike Pelfrey’s 2009 season did not start well. Yesterday, in the first inning of his first start of the season, the 25-year-old pitcher faced nine Reds hitters and gave up four runs, thanks to two walks, two extra-base hits and an untimely error charged to shortstop Jose Reyes. Struggling with his command, Pelfrey danced around Read More

Manhattan Market Reports, Hurt So Good

Jonathan Miller, author of a popular Manhattan housing report for Douglas Elliman, recalls that when he first reported a slowdown in the sales market, way back in 2005, disbelieving brokers called him, griping about the validity of his numbers.

“You could feel the tension in the brokerage community, because it was the first issuance of Read More

Slim Manhattan: 99 Percent Luxury Free

During the giddy days of the housing boom, perhaps no single word quite defined Manhattan’s zooming sales market quite like “luxury.” Everyone was obsessed with it and wanted to buy it; most people paid for it, even if it wasn’t what they got. Those days are definitively over, with last week's first-quarter market reports unmistakably Read More

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