New York Real Estate brought to you by the Un-Broker, Thomas C. Demsker, concerning all the action in the market. Feauring New York lofts, apartments, Brownstones and Townhouses.
The Un-Broker: Real Estate 1 Realtionship at a Time.
Thomas C. Demsker here, The Un-Broker. As an Associate Broker for Prudential Douglas Elliman and creator of Un-Broker.com, I have put together a blog to help consumers with useful tidbits and insights about NYC Real Estate. This blog is done for the purpose of giving/helping consumers get the most out of NYC Real Estate. Based on my previous experiences as a consumer of Real Estate, I realized the public needed a new approach from their real estate professionals and the Un-Broker was born.
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View Article  Tax Abatements from the city (not new development)

Everyone seems familiar with the 421A or J-51 but what if you don't have either of these two abatements?

Well ...   more »

View Article  telling - price vs time

Here is something that should re-enforce what I've been saying.  As the length of time increases on the market the ...   more »

View Article  jumbo loans

Banks have changed lending practices on Jumbo loans.  They won't lend 90% (mortgage + HELOC) on condos that require Jumbo ...   more »

View Article  Real Estate Dilema for the ages

In pitching apartments for exclusives - the owner asks you to come over and see the place to construct the ...   more »

View Article  Q1 out...

The market report came out and it depicted what I said it would - flattening year over year appreciation.

things ...   more »

View Article  state of the market

Currently there is less time pressure to buy which then leads to longer purchasing cycles.  Which in my opinion is ...   more »

View Article  Prices + market = Softening?

Get that thought from a lot of people as they just watch the surface of the market.  The answer is ...   more »

View Article  Chelsea's Next Development Site?

Way back in 2004 - WassFam bought some buildings and a parking lot.  They own 108 West 17th, the neighboring ...   more »

View Article  Impact of the Web on RE

The web has been a great tool for RE information and product.  Gone are the days of just relying on ...   more »

View Article  RE Agents and Rules

REBNY has so many rules of action for broker members of NYC.  Yet if you look at 90% of all ...   more »

View Article  Coming soon to LIC - near Arris

The Kimaya Lofts are coming to Jackson Avenue, right around the block from the Arris lofts.  This will be a ...   more »

View Article  The real moment of Market Truth

This will come in 2009 and 2010.  Why?  Because 2004 was the official boom in city, where anyone could get ...   more »

View Article  Opening Status Report

This post and 2008 is dedicated to the #1 Actor in Hollywood "The Tuck".

With 2 listings on the market ...   more »

View Article  What most Brokers Don't Know and Comp services don't tell you.

If you want the most accurate comparables why not go direct to the source.  NYC.Gov.

Here you'll find the rolling ...   more »

View Article  Restaurant for Sale

We're selling a restaurant on Smith St. for 330K.  Restaurant is a highly rated Zagat establishment with liquor license, outdoor ...   more »

View Article  IN-land LIC additions

Just a quick look at two additions to the hood of LIC near Arris Lofts...

1) at 26-26 Jackson - ...   more »

View Article  Crack smoking + Apartment Owners

There is a phenomenon that happens when someone sells their apartment....it instantly becomes the best thing since sliced bread.  All ...   more »

View Article  Thought

Inventory is down big time...and now it appears the Fed will reverse earlier decisions and reduce the finds rate probably ...   more »

View Article  Powerhouse - Who owns that land with the Tennis Bublble?

Well some concern has been expressed about the land in front of the Powerhouse, in terms of development possibilities.  Well ...   more »

View Article  For my Arris compats
Here is an update on the amenities of the Arris lofts - coming along and will provide lots of enjoyment....   more »
View Article  Such Annoying BS - Brokers need ethics

A great listing comes out but the ad copy says 1st showing at the open house on 9/9 - this ...   more »

View Article  Condo Lofts Sales Stats - July and August

Condo Loft sales Stats from 85 downtown loft buildings for the months of July and August show robust activity in ...   more »

View Article  Summer re-cap

Right now there is seriously no solid inventory on the market.  You can see that from the NYT which the ...   more »

View Article  Mortgage rant

With such a glitch in Mortgages - now they are tightening guidelines.

Should they have had good guidelines to begin ...   more »

View Article  Real Estate Cycle + mixed bag

Real Estate in NYC goes through a distinct cycle of up and down activity. 

Starting in mid January the market ...   more »

View Article  The Tale of 2 different quarter and years

Here is a great example of the difference of 2006 Q4 and now Q3 2007 - which is a depiction ...   more »

View Article  Arris Lofts update

Official move in for me was Friday July 6th and so far only 30 or so people have actually moved into ...   more »

View Article  Resources

As I go about moving into and shaping my new apartment at the Arris Lofts - I thought I'd share ...   more »

View Article  Condo Lofts

I've been tracking 85 Condo Loft buldings downtown by zip code and what shows thru is that 10013 is the ...   more »

View Article  Thought about the market

With all the new condos, a unique price range is born, as they seem to have a target market very ...   more »

View Article  Arris Walk thru

So today at 1pm I went on my Arris lofts walk thru.  I hadn't seen the unit since September of ...   more »

View Article  New Devo Visit: 311 WEst Broadway

Took a customer to the Gwathmey Siegel building 311 West Broadway.  Looked great with one of the best kitchen designs ...   more »

View Article  Rates..and prices

On yahoo they had a great article about real estate and were speaking on how in Vegas - the luxury ...   more »

View Article  Robert Stern + Superior Ink Building

West Village: Superior Ink – Robert A. Stern project, Related is the Developer

Going to be a very high ...   more »