The Afternoon Wrap: Wednesday

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  • The popular Zillow Web site is often right when it entertainingly estimates home values. "But when Zillow is bad, it can be terrible -- off the mark by more than 25% on one in 10 homes." But really, how much does $2 million matter in Manhattan real estate? [WSJ via Luxist]
  • Can Williamsburg hipsters afford the high-end luxury condos that have covered the neighborhood? (No, because long-banged haircuts take up so much cash these days.) So "renting may be the new buying." [Real Deal]
  • Curmudgeon Philip Nobel writes architectural Valentines to Robert A.M. Stern/Yale and Renzo Piano. He writes, no kidding around: "(OMG, this is totally embarrassing!) I have a little critic crush on him. Don't tell." [Metropolis]
  • - Max Abelson
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