Monday, February 27, 2006

Tenants Say They're Lost in Dust of Conversions

This is what will happen to tenants at Manhattan House if they don't join together and fight back.

"Unlike the 1980's, tenants today have little control over issues like the hours and extent of renovation work and whether a steep discount in purchase price is offered."

Click here to read the full NY Times story

Thursday, February 23, 2006

Benefits of Working Together - Case Study

The Wall Street Journal on Tuesday examined how the Amish and Mennonites -- members of the Anabaptist religious denomination -- have been able to "organize and drive down the price of [their] medical care" in Pennsylvania.

The rates negotiated are "as little as half the full retail rate other uninsured patients are likely to be charged," the Journal reports.

Click here to read a summary of the story

Sunday, February 12, 2006

69 Street East 2 BR/2Bth Condo for Sale

New on the market is a 2BR/2Bth condo at Imperial House. Imperial House is the best comparison in the neighborhood to Manhattan House.

The asking price for the apartment is about $1,000 per square foot. It is also "sunflooded" and "very spacious."

Tenants can probably use their dishwashers and toaster ovens at the same time.

Wednesday, February 01, 2006

Competition

Two planned projects may begin a major transformation of the shopping district on 86th Street, according to the New York Times.

http://www.nytimes.com/2006/02/01/business/01lex.html (registration required).

Most MH families who are likely to purchase large apartments send their kids to schools near 86th street. The negotiations to assemble these parcels were "innovative and extended."

O'Connor and Kalikow could not have anticipated two high profile, and competing, projects would be coming onto the market so soon after they bought Manhattan House.