Oh I know this topic and photo are not very holidayesque, and this isn’t the time to focus on such materialistic issues, but what other local NYC website has ever provided you a link to a 7-page study put out by the NY Fed entitled “To Buy or Not to Buy? The Changing Relationship between Manhattan Rents and Home Prices?” Who??? Because when you are about to make possibly the biggest decision in your life, it really doesn’t matter what time of year it is, just that you know exactly where to get the best, most relevant, and if need be most in-depth information. This is your source for what matters! Oh, that and the fact that the LIC news cycle is pretty much on reruns until year end, especially since we already told you last week the second most important piece of information right now concerning the people of LIC: the 7-train winter weekend disruptions. So with no further ado, here it is in all its glory: The NY Fed.
NY Fed Examines Manhattan Housing Market – summary and link to full pdf, a perfect beach read for the holiday break
Some Buildings Find Buyers Need A Budge – talks about local incentives dangled to get buyers to pay full price for condos
It’s Restaurants Empty and It’s Trains Stalled, Hoboken Encounters Storm’s Increasing Toll – I said it once, I’ll say it a thousand times: we got lucky
What We Wanted All Along: LIC’s “S Prime” – an article about a new steakhouse in LIC, though I find the adjacent stories a little more interesting
Queens Tech Meetup 5 and Holiday Party – tomorrow night