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this bear just went bull.....

Started by marco_m
about 15 years ago
Posts: 2481
Member since: Dec 2008
Discussion about
I closed yesterday on a small 1br in yorkville. thanks to streeteasy for providing great research and a forum which provided me with very helpful information. thanks to all the bulls and bears for countless debates which helped me negotiate my contract and get a fair price. There were a few posts on here that really played a big role in the decision making process. I never would have thought of several items if it werent for the people here. hopefully the market doesnt go too much lower...lol
Response by w67thstreet
about 15 years ago
Posts: 9003
Member since: Dec 2008

Definitely a bearish sign. :)

Good luck. Let the games begin!

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Response by spinnaker1
about 15 years ago
Posts: 1670
Member since: Jan 2008

Well done marco. Now bubba, when r u going to come clean?

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Response by w67thstreet
about 15 years ago
Posts: 9003
Member since: Dec 2008

Alright alright. I just bought too....

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Response by ericho75
about 15 years ago
Posts: 1743
Member since: Feb 2009

Congrats.
Enjoy your new home.

:)

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Response by ericho75
about 15 years ago
Posts: 1743
Member since: Feb 2009

"Alright alright. I just bought too.... "

Gold at 1310.
Where you get the money to buy? *ouch*

:)

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Response by spinnaker1
about 15 years ago
Posts: 1670
Member since: Jan 2008

w/a nice swim up tiki bar, I hope.

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Response by w67thstreet
about 15 years ago
Posts: 9003
Member since: Dec 2008

No no. I bought the $500 barbie playhouse for my daughter. It'll be here any moment via amazon.

No nyc re is still toasty. Trust me, urbandigs inventory is spiking, another round of layoffs,..... I'm definitely seeing serious weakness on top end.

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Response by w67thstreet
about 15 years ago
Posts: 9003
Member since: Dec 2008

Oh and ericho. Congrats on the superfund designation. I was pulling for you guys. :)

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Response by Truth
about 15 years ago
Posts: 5641
Member since: Dec 2009

marco: Congrats! Sept.was the magic month for you. Enjoy your new apartment.

w67th: That Barbie playhouse rocks!

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Response by evnyc
about 15 years ago
Posts: 1844
Member since: Aug 2008

Congrats, Marco! Many happy years in your new home.

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Response by pulaski
about 15 years ago
Posts: 824
Member since: Mar 2009

Congratulations, Marco. Enjoy!

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Response by bjw2103
about 15 years ago
Posts: 6236
Member since: Jul 2007

Sorry, but why does closing on an apartment instantly make you a bull? What does it say about you and everything you're written to date when something that essentially insignificant to the market flips your market view? Or was this all tongue-in-cheek and I've gone too far here? Either way, congrats and hope you enjoy your new home!

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Response by sledgehammer
about 15 years ago
Posts: 899
Member since: Mar 2009

Marco, does that mean that now you're gonna talk the market up alla SteveF hoping that prices won't drop any further ?

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Response by w67thstreet
about 15 years ago
Posts: 9003
Member since: Dec 2008

I hate it when that happens... it's like a Ho saying her bj are better... SteveF r u there in the corner?

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Response by falcogold1
about 15 years ago
Posts: 4159
Member since: Sep 2008

Go Marco!!!!
Enjoy!

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Response by falcogold1
about 15 years ago
Posts: 4159
Member since: Sep 2008

'Oh and ericho. Congrats on the superfund designation. I was pulling for you guys. :)'

Whack'em while he's down why don't you...

Maybe it end up as one of those...'trying to clean it only makes it worse' senarios.
Like I've been saying all along...If there was no Newtown Creek there would be no X-Men.

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Response by NYC10007
about 15 years ago
Posts: 432
Member since: Nov 2009

Can someone translate this????

"w67thstreet
about 10 months ago
ignore this person
report abuse
Wherez that can of whoopazz?

Modern - I have 3 cars in the household. My turbo logged 900 miles in the last 9 months. I'm a commercial RE investor, with a track record of doing deals and am ALWAYS looking. I can't stop being a "business" person. My accountant gave me a choice of designating a car for business... I chose TT. As i said, in my prior career had lots of dealings with corporate types. Sponsored and took part in corporate junkets.... you don't know tax cheating till you've been around little banking MDs fighting over the Concorde or 1st class....those are little beeeytchess.... I fear NO audit and sleep well every nite.

Here a question, if Jenna Jameson buys vaginal cream cause she's got a yeastie? is it work related or personal use, and let's say for argument sake she got it 30% from husband and 70% from doing movies? Should we have a forensic vaginacologist to determine the source of yeast? I'd love to be in that IRS audit.

30yrs.. I've got 4 words for you. "CAT FOOD"

As to your parking question, I like Tower 67 garage as it only allows monthlies and I don't have to deal with a parking lot full of Jersies getting their fill if Aida. Insurance, funny enough, I just got my bill for my $20MM personal umbrella policy. Section D subpart ii, third paragraph states I shall have on all motor vehicles and motorboats liability insurance of $1MM for my umbrella to be binding. FYI, even though I am 40yo w/ a 6yo and 4yo I carry NO life insurance, but just a $20MM umbrella insurance... why would that be? 30yrs... oh why?

Look, I'm getting tired of your pseudo "smarter" than thou, more experienced than thou, smoke jacket wearing little prima donna "persona" you like to portray on SE. Let me ask you something that's bugging me at the moment. You've been in NYC RE for 30 yrs in the greatest re-birth and renaissance of NYC in its history and then the greatest RE bubble in its history. My father came to NYC in 1977(so about the same time), a immigrant without a HS education, no english skills (still can't read or speak it well), with 3 kids in tow, a housewife and $2000.00 in his pocket. I was younger, but you and I grew up in NYC together, the bx burning, crack/aids epidemic, MTV, re-birth of the city, internet boom, 9/11, NYC RE bubble. You were older, were in NYC RE, saw 100s of LT cases, involved in many flips, many sales, come from a family of RE, all the while turning down offers from large brokerages cause they couldn't pay what you thought you should be paid. Donald made billions, Macklowes made billions, Kushners made billions and my dad (let's call him daddy monkey) is 10x richer than I and hasn't had to work in 15 yrs (me just 7yrs).

Given all this, I would think a person such as yourself wouldn't be sharing an office with a RE borker's desk abutting yours in the waning years of your career. If I had no kids, and was in my mid 50's, I'd be traveling the world with my wife never looking back.

So put your smoking jacket on, roll down the blinds, get your 35mm Linda Lovelace movie projector going and pop some popcorn.

Oh, yeah... four words.
FUCK YOU.

P.S. since 1989, Porsche has galvanized its unibodies and gives a 10 yr rust warranty. My car is 3 yrs old, I'm covered.

arguable the most bubbilicious gr "

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Response by Wbottom
about 15 years ago
Posts: 2142
Member since: May 2010

kinda like jack welch's "cleaning it up will make it worse" script for the hudson river valley--

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Response by Riversider
about 15 years ago
Posts: 13572
Member since: Apr 2009

Marco, hedge your bet with a CDS on the purchaser....

just kidding.. best of luck

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Response by stds67thstreet
about 15 years ago
Posts: 14
Member since: Sep 2010

I sure can't.

NYC10007
about 3 hours ago
ignore this person
report abuse
Can someone translate this????

"w67thstreet
about 10 months ago
ignore this person
report abuse
Wherez that can of whoopazz?

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Response by urbandigs
about 15 years ago
Posts: 3629
Member since: Jan 2006

congrats!

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Response by Truth
about 15 years ago
Posts: 5641
Member since: Dec 2009

Oh, Marco: Better purchasing there,
than at the OBBParko.

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Response by marco_m
about 15 years ago
Posts: 2481
Member since: Dec 2008

bull or bear...im happy with my purchase. need a place to live and call home

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Response by buyerbuyer
about 15 years ago
Posts: 707
Member since: Jan 2010

were you posting bear arguments previously?....or is this just a light reference to not buying before

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Response by wc_nyc
about 15 years ago
Posts: 64
Member since: Sep 2008

Totally agree with you Marco. Congrats and enjoy your purchase!

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Response by Truth
about 15 years ago
Posts: 5641
Member since: Dec 2009

Who cares?
Marco: You are now close to my area.
Let me know if you need any help with your move-in, and/or decorating.

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Response by tenemental
about 15 years ago
Posts: 1282
Member since: Sep 2007

Congrats, Marco. Enjoy!

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Response by joe_doe
about 15 years ago
Posts: 8
Member since: Sep 2010

market must be topping again....

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Response by KeithB
about 15 years ago
Posts: 976
Member since: Aug 2009

Congrats Marco..enjoy your new home!

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Response by LICComment
about 15 years ago
Posts: 3610
Member since: Dec 2007

For how many years have the chicken littles on this board been insisting on the imminent real estate crash in NYC? They keep saying it is right around the corner and . . . still waiting . . .

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Response by marco_m
about 15 years ago
Posts: 2481
Member since: Dec 2008

I was a bear...still am kinda, but at my pricepoint, I feel like things are bottomoed out (hopefully). only wime will tell. I definitely got the second ave. option for free.

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Response by Sunday
about 15 years ago
Posts: 1607
Member since: Sep 2009

LICComment: "For how many years have the chicken littles on this board been insisting on the imminent real estate crash in NYC? They keep saying it is right around the corner and . . . still waiting . . ."

A terminally ill religious leader was told by a few doctors that she has 6 - 9 months to live, a year at most. A year later, she was still alive and she's feeling pretty good with the marijuana prescribed by the doctors. She won't be playing tennis or running a marathon anytime soon, but she continues to live her life instead of just waiting to die. The doctors look at her charts and is amazed at how long she has lasted... I guess you can say they are waiting for her to die. Maybe next week, maybe another couple of months, maybe even a year or two from now... One thing is for sure, God hasn't miraculously healed her, at least according to her charts...

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Response by sjtmd
about 15 years ago
Posts: 670
Member since: May 2009

Congratulations Marco. I agree, SE is very helpful when it comes to a purchase - particularly pitfalls to avoid.

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Response by ericho75
about 15 years ago
Posts: 1743
Member since: Feb 2009

Better off putting your 'dollar' at work then stashing it under your mattress.

http://www.finviz.com/futures_charts.ashx?t=DX&p=d1

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Response by ericho75
about 15 years ago
Posts: 1743
Member since: Feb 2009

"Oh and ericho. Congrats on the superfund designation. I was pulling for you guys. :) "

Maybe i can now eat the blue fish i catch by the Creek instead of selling it to a local supermarket by 67th and 8th ave in Manhattan. They paid me top dollar for those fish.

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Response by malthus
about 15 years ago
Posts: 1333
Member since: Feb 2009

"a local supermarket by 67th and 8th ave in Manhattan" No such place. Maybe you're thinking of Bay Ridge?

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