It's great to look at affordability, but it ignores two of the major reasons why prices have not fallen as much in New York as the rest of the country: investment and condominium development. New York is one of the few places in the country where rentals are relatively safe long term investment. On top of that, the fact that such a large percentage of available properties are new condos essentially gives the banks control of prices for most of the city.

Posted by: levtoma at June 18, 2009 9:49 AM in response to Bank Predicts NYC Market to Fall Another 40 Percent

Just another in the long list of ridiculously unrealistic things proposed at the coop. A couple years ago, someone proposed the coop invent in jars of Himalayan air, which would be placed in the corners of the store and opened every morning and closed back up every night (to keep the air from escaping, I guess). What a circus!

Posted by: levtoma at February 20, 2009 12:25 PM in response to Proposed Ban Roiling Park Slope Co-op

That's were it went! I've been looking for it everywhere.

Posted by: levtoma at February 19, 2009 5:32 PM in response to Closing Bell: Boa Constrictor in Brooklyn

Does anyone know a good place to find feedback about developers online?

Posted by: levtoma at February 13, 2009 12:44 PM in response to Open Thread

Does anyone know a good place to find feedback about developers online?

Posted by: levtoma at February 13, 2009 12:39 PM in response to Open Thread