Perhaps my biggest defect as a predictor of the future is that at heart, I am sometimes too optimistic. Maybe it is my natural contrarian instinct not to fall prey to the media’s irrepressible spirit to seek out and promulgate…
Read More Buy New York City Now! And Lend, Invest, Lease Here as Well
I have always liked to read about speculative bubbles of the past. There is a famous book called: Extraordinary Popular Delusions and the Madness of Crowds, by Charles McKay In it, the author details such speculative crazes as the tulip bulb craze…
Read More When the Ducks Quack – Feed Them – But Don’t Compete With Them – Two Ideas
No, we at Duval & Stachenfeld haven’t lost our minds. Apparently a proposal of this nature is being discussed in Congress right now and a bill could be introduced by Congressman Van Taylor (R. Texas), as soon as this coming…
Read More Possible Government Plan to Rescue Troubled Real Estate with Preferred Equity
About a month ago I wrote that there will be a Big V Recovery. So far I have not been getting positive reinforcement for that article. Indeed one response I got – from a fellow who has his own crystal ball…
Read More Big V Recovery: Nine Predictions for the Real Estate Industry
I will start with Warren Buffett. To paraphrase one of his famous quotes: When your underlying business isn't doing that well, it hardly makes sense to buy into a new business that you know nothing aboutYet exactly that is happening…
We at D&S are, as always, in the thick of things in the real estate industry, and it seems like something many parties want is inexpensive "rescue capital." In that regard, we have thought of the following ideas for consideration. …
Read More Rescue Capital that Does Not Cost an Arm or a Leg – Seven Ideas
I am old enough to have been in a relatively senior position in the real estate world during the Global Financing Crisis (the “GFC”) and the pandemic today (the “COVID Pandemic”). In my position – then as Managing Partner of…
Eleven years ago – at the depths of the Global Financial Crisis – when I was scared to get out of bed in the morning – somewhere near the end of 2008 – there were many who thought it was…
Read More The Real Estate Philosopher: Is New York City Over With – Finally?
Okay here is some good old-fashioned inspiration. I’ll bet we could all use it, considering the incessant drumbeat from everything and everyone about how awful things are and how they are getting worse, etc. So here goes….. Who doesn’t like…
Read More Some Inspiration from The Real Estate Philosopher – The Second Mouse
This is a very short article. This is advice from someone who has been around the real estate world for getting on close to forty years now. During that time I have seen booms and busts. The tech bubble bursting. …
Read More The Real Estate Philosopher has a Thought About the Coronavirus
Bruce Stachenfeld 