Six Months Later: Open House Picks 6/22/07
Comment: Pretty solid showing although it’s surprising that Marlborough Road hasn’t had a price reduction yet. Open House Picks 6/22/07 [Brownstoner]
Comment: Pretty solid showing although it’s surprising that Marlborough Road hasn’t had a price reduction yet.
Open House Picks 6/22/07 [Brownstoner]
1:40. please see 1:38.
the world is not ending.
real estate in nyc is still doing great.
ask some people in the biz. it’s back to normal-ish. not off the charts like the past 7 years, but still way above pre-2000 levels.
everything’s gonna be ok. breath deeply.
Guest at 1:18… Yes, this house would be in the 1.7 or 1.8 bracket if gut reno’d… But this is PPS and that’s what homes in this neighborhood and landmarked DP are selling for if they are in such pristing condition.
So, I disagree that the market is overly inflated. I bet the owner would take 1.1 for this house as is. Throw another 600k into it and you’ve got a fantastic house that is, amazingly enough, in the same price bracket as recent comps for larger houses in top condition. Check the MGK website for examples.
The last 6 months were not the next 6 months – economic forecasts have grown decidedly gloomier as the full impact of the subprime meltdown is at last emerging. Price cuts are starting to happen at last in NYC (we’ve all seen them here!) and I think many buyers are sitting tight waiting to see what 2008 – and the next few years – will bring. Let’s see how the open house picks stack up 6 months from now – or better yet, a year from now… Re: Hungtington Street – Last ask does not mean closing price: while it will be interesting to see where it did close, I still think that closing price reflects a different market than where we are now and in the near to mid-term (or longer term?) future…
where is the what?
Dec. 19 (Bloomberg) — Morgan Stanley increased its bonus pool 18 percent to almost $10 billion following the firm’s first-ever quarterly loss, saying employees in divisions that reported record results in 2007 deserved the awards.
Total compensation, including salaries, benefits and bonuses, climbed to $16.55 billion in 2007 from $13.99 billion last year, the New York-based firm said today in a statement. Year-end bonuses, estimated at about 60 percent of the total, will jump to $9.93 billion from $8.39 billion.
“We felt it was inappropriate, as our board of directors did as well, for employees who delivered sterling results and a very strong performance to suffer,” Chief Financial Officer Colm Kelleher said in an interview today. “If you were to normalize our business and take out this $9.4 billion charge, you would see that we had a record year across the whole enterprise.”
Morgan Stanley employed 48,256 people on Nov. 30, up 12 percent from 43,124 a year earlier. Average pay per employee climbed to $343,004 from $324,320 a year earlier, with the bonus portion increasing to an estimated $205,802 from $194,592.
Goldman’s Payout
Morgan Stanley is the third Wall Street firm to report higher compensation this year. Goldman Sachs Group Inc., the biggest and most-profitable company in the industry, yesterday reported that the figure climbed 23 percent, with average pay rising to $661,490. Lehman Brothers Holdings Inc., the fourth- biggest firm, said its compensation pool increased 9.5 percent from a year earlier, with average pay dropping 0.5 percent to $332,470.
“1:28 = person who said plg house was 150K overpriced back in june.”
Still needs more salt.
1:28 = person who said plg house was 150K overpriced back in june.
the plg house was way nicer and bigger than the park slope house.
you really aren’t comparing even remotely the same things here.
ignorance is bliss, i suppose.
PLG’ers love Park Slopers. Lots of people in Lefferts Manor came from Park Slope.
“so every time you see a comment on here, you need to take it with a grain of salt.”
Please pass the salt.