Quick contract in OG

38 Park Avenue, $2.5 million, 17 days to contact. It sold new in 2004 for $1.8. Park’s a nice street and this is a good house, so there’s nothing surprising here, but as I’ve said before, the market reminds me of the 2001-2007 era, when, it seemed, to list it was to sell it. I certainly wasn’t the only agent back then who cautioned buyers, “this price may not be its long-term value, but it’s what you’ll have to pay to buy it today”.

Buyers generally are looking for homes to raise their family in, not as a market play, so they pay what they have to pay, though good agents will try to ensure they don’t pay more than that. In some cases, as here, it all works out; other areas of town, other houses, haven’t done as well.

i’ve been reluctant to blow the cultural-appropriation whistle on this recurring tipi motif that’s displacing or supplementing The Zebra and The Orange, but it’s become so pervasive that my conscience is shrieking: speak out!

Truth to power, and all that