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July 31, 2008

Thursday Links

keyspan-park-07-2008.jpg
Keyspan Park, Coney Island. Photo by Eating in Translation.
Burg's Brooklyn Bowl Owners Detail Plans [NY Times]
Could the Gowanus Save Your Life? [NY Daily News]
2nd Homes Beckon as Prices Sink [NY Sun]
Catsimatidis Readies Mayoral Run [NY Sun]
Relief Sought as Building Costs Soar [Metro]
Blue Pig's Last Squeal [NY Post]




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Comments

"It's a great time to buy because I really think we've hit the bottom out here," a managing director for the North Fork of Long Island at Brown Harris Stevens, Suzanne Hahn, said. "Cyclically, 2008 is probably the best time to buy since the mid-1990s."

Even I think this realtor is one some kind of hallucinogen.

Posted by: daveinbedstuy at July 31, 2008 8:37 AM

Sad story for the co-owner of Blue Pig too. If the manager was stiffing employees how was i not known before now? Bouncing paychecks is not something employees stay quiet about. I can't imagine there were no complaints before it came to this.

Posted by: bxgrl at July 31, 2008 9:02 AM

bxrl...yes, and now we see the reason why the stores have all been shut. They haven't been paying the distributors. What a mess for what started out as a few good concepts.

Posted by: daveinbedstuy at July 31, 2008 9:06 AM

But No1 The economy is doing great! House prices will stay high forever! Nothing can go wrong, not!

U.S. Recession May Have Begun in Last Quarter of 2007

http://www.bloomberg.com/apps/news?pid=20601087&sid=axADxPkA6IA8&refer=home

"The revisions now reinforce measures such as employment and production that already signaled the economy was shrinking. The National Bureau of Economic Research, the Cambridge, Massachusetts-based arbiter of economic cycles, defines a recession as a ``significant'' decrease in activity over a sustained period of time. The declines would be visible in GDP, payrolls, production, sales and incomes.

``We're in a recession,'' Allen Sinai, chief economist at Decision Economics Inc. in New York, said in a Bloomberg Television interview. ``It's going to widen, it's going to deepen.''

Where is the Asshat who said we was not in a recession?

BTW Have any one noticed very light traffic these days? Kids can play in the street because there are no cars coming, 4 dollar gas will do that...

The What

Someday this war is gonna end..

Posted by: what at July 31, 2008 9:34 AM

Catsimaditas must be on the same drugs, Dave, 'cuz he just doesn't have the right stuff to be mayor of New York City. I should have started a business coddling huge egos who want to overreach. What a missed opportunity, nowadays.

Them - "Can I become mayor? (congressperson, president, whatever...)
Me - " Pay me $$XX, and I will look into that for you."

Sheesh.

Posted by: Montrose Morris at July 31, 2008 9:50 AM

Montrose- maybe you could add polemicist to your list of egos to be coddled. Of course he has no money, or brains, but maybe you could still find a spot for him.

Posted by: bxgrl at July 31, 2008 10:41 AM

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