The Long Island Deed Schemer

It started with an idea — at least that’s how Michael O’Sullivan would later tell it: “Or like a concept, an experiment.” It was the early 2010s, shortly after the market crashed, and many of the shingle-style summer houses that defined nouveau riche ’90s Hamptons had been abandoned. The owners h...

‘I’m Sorry You’re in This Beautiful House We Pay For!’

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It’s a Good Week for Garden Apartments

Listen, it’s not as though getting an apartment in New York has ever been easy. But one could probably argue it has never been harder than it is right now. The most god-awful studios are regularly renting for thousands and thousands of dollars with lines of interested tenants out the door. He... Mor

The Rules That Once Helped Americans Buy Homes Now Risk Leaving Them in the Red

There’s no shortage of rules in real estate. But baked into these maxims are economic assumptions that no longer hold up in today’s market. “The core problem is the interaction of three things happening simultaneously,” explains Hannah Jones, senior economist at Realtor.com®, pointing to high mortga