Comments on: Dumbo Real Estate Market: November 2006 Edition http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/ Notes from the DUMBO, Brooklyn NY neighborhood Thu, 09 Feb 2012 22:23:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: HY http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/comment-page-1/#comment-44152 HY Thu, 24 Sep 2009 04:52:15 +0000 http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/#comment-44152 The story about how bonuses on Wall Street this year will increase 20% may bring prices and sales in DUMBO (convenient to Wall Street) up.<br><br>"At Goldman, total pay will average $659,000 per employee, based on analysts' estimates for $35.7 billion in revenue, the firm's average compensation ratio of 47.4 percent for the past five years and a payroll of 25,647 at the end of the third quarter. That includes an average bonus of about $398,000."<br><br>That's a lot of cash flooding the real estate market.<br><br><a href="http://www.bloomberg.com/apps/news?pid=20601109&sid=aqH6cACPmrMo&refer=home" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601109...</a> The story about how bonuses on Wall Street this year will increase 20% may bring prices and sales in DUMBO (convenient to Wall Street) up.

“At Goldman, total pay will average $659,000 per employee, based on analysts' estimates for $35.7 billion in revenue, the firm's average compensation ratio of 47.4 percent for the past five years and a payroll of 25,647 at the end of the third quarter. That includes an average bonus of about $398,000.”

That's a lot of cash flooding the real estate market.

http://www.bloomberg.com/apps/news?pid=20601109…

]]> By: janis wokowski http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/comment-page-1/#comment-4809 janis wokowski Sun, 07 Jan 2007 12:56:56 +0000 http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/#comment-4809 I was just in Modern Tots's new store on Pearl St. what a Mecca for childrens furniture / design. it's a beautiful store w/ great stuff and a cool kids play area. -Janis I was just in Modern Tots’s new store on Pearl St. what a Mecca for childrens furniture / design. it’s a beautiful store w/ great stuff and a cool kids play area.

-Janis

]]> By: Park Slope Live » Meanwhile, in Dumbo: Ain’t No Bubble Burst http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/comment-page-1/#comment-289 Park Slope Live » Meanwhile, in Dumbo: Ain’t No Bubble Burst Wed, 08 Nov 2006 11:08:57 +0000 http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/#comment-289 [...] Amidst all the fretting about faltering markets and bursting bubbles, Dumbo NYC looks around its neighborhood and concludes that asking prices in those expensive blocks between the Brooklyn and Manhattan bridges aren’t tumbling. Specifically, it surveys apartments listed by Douglas Elliman, Corcoran, Halstead and Brown Harris Stevens. The blog concludes that the average asking price for 61 condos on the market is $1,158,829 (+3.79% in 2 month), while the median price is $1,075,680 (+7.57%) and the average price per square feet is $851.14 (+6.13%). The Dumbo blog last surveyed asking prices in September. FSBO’s not included. · Dumbo Real Estate Market: November 2006 Edition [Dumbo NYC] · Will Dumbo Real Estate Continue to Rise in 2006? [Dumbo NYC] [...] [...] Amidst all the fretting about faltering markets and bursting bubbles, Dumbo NYC looks around its neighborhood and concludes that asking prices in those expensive blocks between the Brooklyn and Manhattan bridges aren’t tumbling. Specifically, it surveys apartments listed by Douglas Elliman, Corcoran, Halstead and Brown Harris Stevens. The blog concludes that the average asking price for 61 condos on the market is $1,158,829 (+3.79% in 2 month), while the median price is $1,075,680 (+7.57%) and the average price per square feet is $851.14 (+6.13%). The Dumbo blog last surveyed asking prices in September. FSBO’s not included. · Dumbo Real Estate Market: November 2006 Edition [Dumbo NYC] · Will Dumbo Real Estate Continue to Rise in 2006? [Dumbo NYC] [...]

]]> By: HY http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/comment-page-1/#comment-277 HY Tue, 07 Nov 2006 20:30:25 +0000 http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/#comment-277 The story about how bonuses on Wall Street this year will increase 20% may bring prices and sales in DUMBO (convenient to Wall Street) up. "At Goldman, total pay will average $659,000 per employee, based on analysts' estimates for $35.7 billion in revenue, the firm's average compensation ratio of 47.4 percent for the past five years and a payroll of 25,647 at the end of the third quarter. That includes an average bonus of about $398,000." That's a lot of cash flooding the real estate market. http://www.bloomberg.com/apps/news?pid=20601109&sid=aqH6cACPmrMo&refer=home The story about how bonuses on Wall Street this year will increase 20% may bring prices and sales in DUMBO (convenient to Wall Street) up.

“At Goldman, total pay will average $659,000 per employee, based on analysts’ estimates for $35.7 billion in revenue, the firm’s average compensation ratio of 47.4 percent for the past five years and a payroll of 25,647 at the end of the third quarter. That includes an average bonus of about $398,000.”

That’s a lot of cash flooding the real estate market.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aqH6cACPmrMo&refer=home

]]> By: Steven http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/comment-page-1/#comment-276 Steven Tue, 07 Nov 2006 20:26:48 +0000 http://dumbonyc.com/2006/11/07/dumbo-real-estate-market-november-2006-edition/#comment-276 Yes, sale price does not reflect market value, but if you compare other markets around NYC, the sale price has decreased, not increased. Yes, sale price does not reflect market value, but if you compare other markets around NYC, the sale price has decreased, not increased.

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