real estate reporter extraordinaire @trdny
Brooklyn, NY
Joined January 2013
- Tweets4.4K
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- Followers755
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I guess its true if you don't like watching movies and getting drinks with your friends, NYC is not the place for you
I moved to sf to give up on being cool
It was a full time job in NY. Always pretending like you read a lot of philosophy and that you enjoy niche film foreign movies. And that you enjoy drinking 8 times a week. Normalizing drugs that you never thought were cute… and that you enjoy Afro house music (never actually pretended that one)
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That is why my apt is beautiful, because it is filled with junk and stuff from my mom's basement
in my newsletter, I published a short essay / notes from a talk about how the internet turns even the most rarified "good taste" reference points into ubiquitous bad taste, and how AI makes that worse
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Would love to meet the one voter in this Prospect Heights district holding it down for Blakeman
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Jake retweeted
In races called, 17 senators are being replaced, already the biggest turnover in the chamber since 1980. The departing senators average age is 70, their replacements 55. The number of senators under 50 nearly doubles, from 8 to 15.
Jake retweeted
“I feel liberated,” said a top banker. “We can say ‘latinx’ and ‘unhoused’ without the fear of getting cancelled…it’s a new dawn.”
Jake retweeted
BREAKING: Alexander brothers sentenced to 30 years in prison therealdeal.com/national/202…
It looks like it starts going up around when Freakonomics published their NYT article about agents in 2003:
nytimes.com/2003/08/03/magaz…
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K-shaped economy hits alcohol-enjoyers
The ‘craft beer for alcoholics’ trend is now totally out of control. Basically every tall boy from a ‘craft brewer’ is approaching 10% ABV. Even Bell’s - once a connoisseur’s quaff - is getting in on it. When folks drinks less, I guess you gotta focus harder on your tier-1s
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We actually covered this phenomenon last year: therealdeal.com/new-york/202…
A study of condo resales in Manhattan over the last few years found that:
- 1 in 3 units sold for a loss
- over HALF of those who bought from 2016 to 2020 sold for a loss
The worst housing market over the last decade is somewhere people would least expect.
Manhattan.
Values in New York County dropped by -11.9% from September 2016 to 2026, falling from 1.41M to 1.24M.
Which is an astounding -51.2% drop in inflation-adjusted terms.
Condo/co-op/townhome values inn Manhattan are now at record lows compared to incomes and rents.
Making it one of the most undervalued housing markets in America, despite it's still expensive price tag.
Values have actually started turning recently, up 3% YoY.
Meaning it could be a good time to buy in NYC.
Check the value trends for your county at: reventure.app/map/cMk5iPrSfq
Gillis is an example of separate the art (mid, offensive standup) from some of the other art (tires)
I like Shane Gillis as a comedian, I don't think he hit the tone he was going for or the punchlines this time, but he'll be fine and I'm still gonna follow his stuff. As far as the general state of comedy and ~jester's privilege~ though, I think Anthony Jeselnik nails it here:
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Jake retweeted
Thank you, @NY1 for having me on to talk about how the bank and drugstore takeover of New York is ending !
Interesting to see Anthtropic employees portrayed as not knowing where a cool place to live would be
Nikki Field made a name rescuing Manhattan's toughest luxury developments. Now, the Sotheby's broker is betting on a controversial super-skinny tower with a decade of baggage and a $100M+ penthouse.
Can NYC's luxury real estate fixer pull off her next big job? Read more from @indurskyjake: therealdeal.com/magazine/oct…
Jake retweeted
He’s outpaced everyone who was otherwise deliberately aiming to be our Joan Didion by actually becoming our Joan Didion
Spent a few weeks earlier this year roaming a Hollywood almost entirely reoriented around the production of “microdramas,” which are kind of like soap operas except they’re short and completely demented and optimized for your phone. Started as one kind of sad story and ended as another, differently sad kind of story. You can read it now in @NYTmag nytimes.com/2026/10/06/magaz…
