Ok folks, This is The What, no BS. I see the the new versions of my self LMMFAO! I see the psycho's posting at full steam! The internet is a funny place and I hope I can hold on to this log-in. So people wont have any problems.

The What

Someday this war is gonna end...

Posted by: what at May 28, 2008 12:24 PM in response to REBNY Condo Market Report: No Need to Panic (Yet)

Ok Dave and Biff, when I use The What log-in I get this error message: Can't call method "id" on an undefined value at /home/sites/www.brownstoner.com/web/mte/plugins/Profile/profile.pl line 1231.

The only way I can log-in as The What Brownstoner has to take the block off. For now I will use what and guest, I think people know me by now. And stop hating!

The What

Someday this war is gonna end...

Posted by: what at May 28, 2008 1:16 PM in response to REBNY Condo Market Report: No Need to Panic (Yet)

Oh BTW! If you think the Real Estate market in NY is so strong then please buy something! The What wants you to prop up the American economy by overpaying! Please there are lot of Condo's to chose from. Buy Buy Buy!!!

The What

Someday this war is gonna end....

Posted by: what at May 28, 2008 1:20 PM in response to REBNY Condo Market Report: No Need to Panic (Yet)

"bears eat bullshit. bulls eat bears. time to test the waters again what."
Well BrooklynLove look at the Ten Year Treasury note! It's at 4.01% and the yield is up!

http://www.bloomberg.com/markets/rates/index.html

Guess what BrooklynLove? Most Mortgages are tied to the 10 yr index. I bet by the end of the week we can see 30 year rates at 6.20%.

The high price of energy has spoked the Bond investors and they smell INFLATION in the air. There are auctions this week on some Bond products and I want to see the demand!

No BrooklynLove, I think the Bears are putting on their handkerchiefs because Bull is on the menu, I think it's fried Bull.

The What

Someday this war is going to end....

BTW BrooklynLove don't curse.Thank you.

Posted by: what at May 28, 2008 1:34 PM in response to REBNY Condo Market Report: No Need to Panic (Yet)

"and you sound like a dork compared to The What

zzzzzzzzzzzz"

I know, I think I'm getting soft but, don't worry! I'm having the .50 cleaned! It should be back soon.

The What

Someday this war is gonna end...

Posted by: what at May 28, 2008 1:57 PM in response to REBNY Condo Market Report: No Need to Panic (Yet)

If can please fix my log-in for The What. When I try to log-in I get the error message

Can't call method "id" on an undefined value at /home/sites/www.brownstoner.com/web/mte/plugins/Profile/profile.pl line 1231.

If you can fix this I will have no problems logging in

The What

Someday this war is gonna end..

Posted by: what at May 30, 2008 10:41 AM in response to Taking the Pulse on Anonymous Commenting

Eh Sarah, how are you doing? Fine I hope (Must... not... curse...)! Why are you profiling house in my neighborhood? Lodi NJ is still cheap and we don't want a run-on by Asshats. We like our piece of the world...

The What

Someday this war is gonna end...

Posted by: what at May 30, 2008 10:48 AM in response to You Have $140K Down, Where Do You Buy?

"I would prefer to have everyone logged in. In general, it leads to a more civilized debate, when comments can be attached to a name."

I have buy a new computer monitor! I spayed coffee over this one!

LMMFAO!

Yeah Riight!

The What

Someday this war is gonna end...

Posted by: what at May 30, 2008 10:55 AM in response to Taking the Pulse on Anonymous Commenting

"This is the first in an irregular series of columns by an anonymous member of the commercial real estate world. Enjoy."

Why are you anonymous?!

"Dumbo continues to lead the Brooklyn market in leasing activity by providing space in the $18-$33 per rentable square foot range, with most around $24 to $28, the Brooklyn office market’s sweet spot. Downtown Brooklyn space at that price is now rare. When you can get a renovated 3,500 square foot corner on a high floor at 20 Jay Street (above) for $25 per with a sunny west view of the Manhattan Bridge two blocks away, with the Brooklyn Bridge visible behind it, why go anywhere else? No wonder Two Trees leased the two money-view corners of the 8th floor first."

Yep, Manhattan is a dump. Who wants to be in the City?

"Meanwhile, Downtown retail rents continue to break records. The first two blocks of Court have the highest foot traffic in the borough, so Chase paid $260 per foot to renew its ATM box at 16 Court Street. Jamba Juice was about to pay $240 for much the same size at 32 Court until bailing at the last minute (lease out, electric work done by landlord). Word is that Jamba's still in the market for Downtown space—hopefully the next deal will be smooth like their tasty products. With the new bank branch around corner at 188 Montague is paying $130, it's no surprise that landlords want these kinds of reliable, deep-pocket credit tenants."

I like to see Jamba Juice lease a space for that much money. Inflation is going to kill their margins! It's no surprise that landlords want these kinds of reliable, deep-pocket credit Suckers to overpay.

"While not everyone's happy about Brooklyn’s corporate real estate direction, there is a real business-supportive value to new tenants such as Morton’s 14,500-square-foot steakhouse installation on Adams Street in the Marriott Hotel extension property. Aside from the dozens of jobs they bring to our locale, Downtown needs corporate dining to support existing professional jobs and business here, as well as help bring more. The lack of a serious steak house has been a Brooklyn dining gap, now being filled on Adams Street."

Go to Peter Lugers! If any genius tries to open a high end Steak House downtown, will be out of business within a year. High food cost and slowing consumer spending is not good now.

"Finally, the Downtown landlord that has done the least to maintain its prewar office buildings is finally waking up. After selling 16 Court Street (36 stories, 317,000 rentable square feet) to SLGreen - the largest prewar office renovator on the planet - JP Day Realty is gut-rehabbing its own 186 Joralemon Street property (12 stories, 80,000 rentable square feet) and selectively leasing space well below their official $40 asking rents I hear."

I wonder about the bottom line. Take a good look people the CONsumer is tapped out and cannot support any new business at this time. I think the business environment is very shaky now and until we can get inflation under control it will get worse.

The What

Someday this war is gonna end...

Posted by: what at May 30, 2008 11:22 AM in response to Commercial Klutch: Downtown & Dumbo Edition

"I miss the REAL The What. This poser What is lame."

Nope nope! Brownstoner has lifted the block on my IP address and for that I will keep the profanity down. Now some times I may go off my meds but, if you keep cursing people WILL tune you out! Even for me it's a bit too much. So people I'm not shiczoid or nothing, just chilling.

The What

Someday this war is gonna end....

Posted by: what at May 30, 2008 11:26 AM in response to Taking the Pulse on Anonymous Commenting