Holidays, What Holidays?

Well the market continues to stay very active, we signed 5 new contracts in the last 10 days. We continue to see multiple bids on most available listings from LIC to Brooklyn; Brooklyn remains one of the most active markets! Crown Heights is the new hot nabe to purchase a Brownstone, also seeing a lot of activity in Gowanus  (I bet most of you could not tell me where that is!).

As many who read this know I was advising buyers to hold off on purchasing in 2007, I actually started this company to offer an alternative model for renting an apartment in NYC. But in late 2009 I started representing buyers again and the rental business slowly faded away. I think this market is different, it is primarily being driven by inventory (lack of) and of course cheap money. We don't have the underlying credit issues we had going into 2008, also this "boom" is not country wide, NYC is red hot but most (not all) of the country is tepid at best when you really look at the data. Our typical client is not betting the "house" on real estate, they are allocating a reasonable % of their income/savings towards a purchase. Whether purchasing a stock or a home, you need to have adequate reserves and a stable, reliable income before jumping in.

Enjoy the Holidays, spend time with your family and take some time to "smell the roses"!

Best,

Keith

A great article on Mindfulness.

Be Here Now

I Have Been a Big Fan of "The Hunt" in the NYT's for Many Years! Very Cool to be Part of One!

The Hunt!

One of our many wonderful clients!

This is Why We Do What We Do!

Dear all,

What a team! This has been our third experience in a real estate deal, and by far the easiest from start to finish. BXXXX and I would like to thank each of you one more time for your exceptional professionalism.

Barry, your team’s precision in due diligence, and paying attention to every detail from start to finish… and Despina, you rock, and fight for your client with a style!

Stephan, when we met with you the first time, you made it sound easy to get a loan, then you made it really easy to get one despite Wells Fargo being one of the most difficult to secure a loan with.

Christian, what a thorough job in preparing board package! Our board interview was probably the easiest ever.

Keith, what a smart business model, and the smartest bargaining tactics we have ever been offered. Equally important, we have not met in person, not even signed a contract, all our relationship based on a mutual understanding of respect and trust, wow!

Frankly, we could not have worked with a better team.

Thank you!

B&A

This looks Very Interesting...

http://streeteasy.com/nyc/building/pierhouse-at-brooklyn-bridge-park

One Brooklyn Bridge received a lot harsh reviews on StreetEasy. One of our clients that purchased there loves it! There is also a GOOGLE group where I have read many rave reviews from current owners about living and the outstanding service provided by the building management and staff.

So far Toll Brothers have been quite successful with their NYC developments and this will certainly add to the value of the current owners at OneBB and enhance the entire area.

I'm curious...

I Guess We Are Doing Something Right...

Keith and Christian, 

Thanks for the check!  As Christian noted, certainly beats a bottle of wine (as much as I like wine)...  We wanted to again express our huge thanks for everything.  Our search for the right home obviously took a very long time and with too many twists/turns.  But your patience, support, and truly unbiased advice allowed us to get there in the end.  In this crazy market, you helped us stay unfazed and on the course.   Needless to say, we are huge fans of The Burkhardt Group and have already been recommending you to all our friends.  Once our renovation is done, we'd love to have you guys over for our housewarming.  

With appreciation,

J & E   8/13/2013 ($3,300,000 Loft)

A busy 10 days, 6 Closing, 3 New Offers.....Love Our Clients!

We're officially closed!  

Thanks so much to both of you for all your help during this process.  I know it was a long one and I appreciate you guys putting up with all my calls and emails.  You guys were awesome to work with - I frankly have no idea why any buyer would work with anyone else.

Best,

J

I thought things would quiet down entering the dog days of August; not! We continue to be excited about what we do and how we are doing it! I hope summer is treating you well!

 I hope you are having a good one!

All the best!

Keith