When you have a bunch of “wealth managers” collecting fees by telling clients to pile on low coupon debt so the clients can go out and further bid up already inflated real estate – it’s a perfect storm. …
Month: March 2023
It’s a buyer’s market, particularly with respect to these traditional estate-condition units. We firmly believe that when properly renovated, these units are far superior and represent better value than what you’ll find in any of the new glass-clad towers. …
The $8,094 monthly condominium fee is steep but maintaining all those gargoyles isn’t cheap – there’s a reason that most Gilded Age homes have been demolished. …