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August 29, 2008

Friday Links

birds_08_08.jpg
Birds. Photo by d**.
A Death Announced by Parking Tickets [NY Times]
U.S. Open in Queens/U.S. Closed in Brooklyn [NY Daily News]
Extra Lane Will Ease Bus Traffic in Tunnel [Brooklyn Eagle]
Rat Droppings Poison ‘Dog Beach’ [Brooklyn Paper]
Problems with Living in Glass Houses [WSJ]
Manhattan Apartment Prices Fall [NY Sun]




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Comments

The glass houses article is hilarious, although it does depress me sometimes to be reminded about how many amazingly stupid people have so much money.

Posted by: northsloperenter at August 29, 2008 9:13 AM

With everyone taking about green this and green that, the TV shows, the write-ups all touting the newest and most technological energy saving windows that prevent heat transfer does it not occur to anyone to ask the building/builders before they buy how the windows that are installed are rated? That would be a really big deal to me. Especially since at that large scale they aren't windows, they are walls.

I wonder why I don't feel empathetic for the 23yr old grad student that bought a 1.5M condo and is upset that the sun faded her 20K sofa?

Posted by: TownhouseLady at August 29, 2008 11:01 AM

That was a scary article on the state of the NYC real estate market. How come no comments? Where is the What? Where are the uber-RealEstate bulls?

Posted by: dosteov at August 29, 2008 11:03 AM

And to think my husband keeps the curtains drawn so our $200 tag sale sofa won't fade.

Posted by: rh at August 29, 2008 11:34 AM

Re: Manhattan Apartment Prices Fall [NY Sun]

"Mr. Miller added that apartments all over the city, in different income brackets, are now posting declines."

Brooklyn brownstone owners/shoppers:

Ignore this article. It has absolutely nothing to do with Brooklyn brownstones and apartments. (BTW, Manhattan townhouses are still making a killing and show no sign of slowing down.) If you own, do not sell. You will lose an opportunity to make tens or even hundreds of thousands of dollars! If you're in the market, you better hurry up and buy. Otherwise, you'll have to pay double by next year!

They're not making anymore land. Never mind the huge stock of unrenovated brownstones, these antiques are precious and therefore priceless. The thought of them losing value is absolutely asinine. Brooklyn RE (rents and prices) only goes up. You simply cannot lose. Forget about the jumbo mortgage market. Cash is everywhere. 50% downpayments for everybody! Brooklyn is the ownership borough!

GDP is up! Never mind the stability of Fan and Fred. Never mind that FDIC is going broke. Never mind the NYC Case-Shiller Index remains in the red. Never mind Noriel Roubini. BUY BUY BUY!!!

Posted by: DOW8000SP800 at August 29, 2008 1:23 PM

DOWhat, please login again as The What. You're more interesting when that personality takes over.

Posted by: Biff Champion at August 29, 2008 1:27 PM

I know, BiffDaveWasderDitto (BiDaWaDi! Perfect). I'm so boring. My other persona is much more talented and charismatic. I'll do you that favor (Pssst! What! Take over.)

Posted by: DOW8000SP800 at August 29, 2008 1:37 PM

Thanks, that's a good little DOWhat. I'll even settle for Ozymandius, if you care to transform into him now instead.

Posted by: Biff Champion at August 29, 2008 1:57 PM

I actually thought that was funny Dow and a good reflection of how a good deal of people on this site have a real hard time with objectivity.

It's also amusing how people are seemingly ignoring that article. You think it would make big news. I guess the old platitude is correct. We see what we want to see.

Posted by: dosteov at August 29, 2008 2:23 PM

dude - noriel roubini is negative 100% of the time. how much credibility do you give someone who is positive 100% of the time?

i really haven't seen anything perceptive in your multitude of bear regurgitations. we can all read the papers and watch TV.

so are you always negative or do you always follow the crowd?

Posted by: BrooklynLove at September 1, 2008 9:23 AM

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