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Why Buyers Pay Thru the Nose for NYC's Tallest Residential

6/29/2013

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Find out from CNN why people all over the world are paying through the nose for a piece of NYC's newest and tallest residential building One57! One reason is the long shot view of Central Park!
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Was $383M Remodel for San Francisco Airport Worth Every Penny!? Yes Ma'am!

6/29/2013

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CNN counts down the best luxury airports in the world. And SFO makes the list twice!
San Francisco International Airport (SFO)

A $383 million renovation in 2008 turned this airport (most notably, Terminal 2) into an all-in-one luxury destination for shoppers, foodies and art aficionados.Travelers, tourists and locals flock to the SFO Museum. Opened 1980, it was the first museum of its kind located in an international airport and it has only grown since then, having spread throughout all four terminals.

From modern photography to Pan-Asian ceramics, a rotating array of exhibitions is designed to intrigue a cross-section of visitors. For those with a tot in tow, there's also a children's museum, complete with art classes and even an aquarium (Terminal 1).

SFO Herman Chan's fav airport
san francisco airport & herman chan
I shot this last image from my Instagram! Follow me if you aren't yet! I'll rock your world!
SFO Shot by Herman Chan: www.instagram.com/herman
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Best Laid Schemes of Mice and...Realtors?! Prudential Luxury Agents Sabotage Rival Property With Dead Mice & Snakes!

6/28/2013

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Gawker reports:
Police in Lower Merion Township (the 5th highest-earning community in America) have just accused husband and wife luxury real estate duo Jonathan and Andrea Straub of planting dead mice and snakes in the driveway of their next door neighbor’s $1 million home in an effort to sabotage its sale. The Straubs’ home is also for sale. It has a pool, a library, and no mice or dead snakes. 
How immature of them! And embarrassing for the rest of us Realtors! Shame! 
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Bewitched! The Original Extreme Home Makeover...1960's! 

6/27/2013

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Before home make over shows became a dime a dozen, it happened first on Bewitched! Check out how with a wave of her hand Samantha & her mother re-do this plain home in 1960's decor! Notice it's the 1st Darrin (played by Dick York). Do you think the 2nd Darrin (played by Dick Sargent..."gay Darrin") would have had more say about the decor?!  Shame on me, so stereotypical. 
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Darrin #1
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Darrin #2
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I only watched Bewitched to see Endora's outlandish outfits...my drag queen idol!
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Nobody Light a Cigarette Please! My House Used to Be A Gas Station! 

6/27/2013

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Jen Aniston Tries to Keep Her Hunky Fiance Justin Thoreaux by Converting a Chicken House to a Man Cave For Him...And It's Not Workin'!! 

6/26/2013

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Jennifer Aniston! We ain't ever criticized her acting, but we can't stay silent about this! If you've been unlucky in love all your life and finally snagged Mr. Right, you gotta compromise...just a little. Apparently, Justin doesn't wanna stay full time in Jen's $21M mansion in LA. He'd like to live part time in NYC.  Is that too much to ask? They ain't poor, or nothing!   She even went so far as to convert a little chicken coup on her massive estate into a space for Justin. Um, that ain't a way to build up your man! Jen insists he live in LA, and this is making Justin hesitate. We KNEW there was a reason why they have postponed their marriage.  We think she is a ding dong for hard-lining this!      
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Home Prices Soar Fastest In Gayborhoods! Happy PRIDE! 

6/26/2013

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Per Trulia:
The biggest price gains over the past year, however, were in gay/lesbian and racially diverse neighborhoods. Racially and ethnically diverse neighborhoods, where no group makes up a majority of the population, saw home prices increase by 14.3%. Neighborhoods where same-sex male couples account for more than 1% of all households (that’s three times the national average) had price increases, on average, of 13.8%. In neighborhoods where same-sex female couples account for more than 1% of all households, prices increased by 16.5% – more than one-and-a-half times the national increase. That means homeowners in America’s gayborhoods have yet another reason to celebrate this June, which is Gay Pride month.
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It Pays To Be A Reality TV Mess! MTV Teen Mom Jennelle Buys A 3bd 3ba House! 

6/21/2013

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While her husband is in jail, Jennelle Evans has bought a $135k home with her quasi-model boyfriend. Do you think they are moving too fast?
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SF 'Landlords From Hell' Jailed For Terrorizing Tenants, Fleeing Country & Being Jerks! (She Was A Realtor Too!)

6/20/2013

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The lengths these 2 insane landlords in San Francisco's South of Market district went to oust their tenants are ridiiiiculous!! The worst part is that  Nicole Macy is a real estate agent! Say, what?!  
LA TIMES:
...the couple on two occasions sawed holes in his floor. ...Nicole Macy also ordered workers to sever weight-bearing joists above the building’s basement -- after consulting with a building inspector on the optimal way to destabilize it -- in an attempt to have the structure red-tagged as uninhabitable... In addition, the couple cut off gas, power and water to the units on several occasions....Nicole Macy created an email account &  said: "One day you are going to come home to the Victorian house ... and find [your three children] missing. Then each day a package will arrive with a piece of them."...gluing their locks, dousing their belongings in ammonia and stealing jewelry and cash. The fifth victim was a building manager whom the Macys turned on, "threatening him with a handgun," Gascon said.

This is some messed up *ish!! 
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If Your Neighbor Graffiti'd Their House, Is that Artistic Free Speech? That's What Chris Brown Claims! 

6/20/2013

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Breezy has painted all over his LA Mansion and his posh neighbors aren't pleased. In fact, neither is the City!  There must not be an HOA here or else they would not allow this! What do you think? Do people have a right to deface/beautify their house as they please? 
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Despite Hit Roles in Spider Man & True Blood, BeefCake Joe Manganiello Almost Evicted!   

6/20/2013

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Perez Hilton reports:

"About six months after the shoot ended, I got thrown out of my apartment for not paying rent. Lost my car. Lost all my clothes. Furniture. The sheriff gave me 5 minutes to collect my things in a duffle bag and leave the apartment. All the money I was paid as a guest star that year — which was not a lot, after I'd paid out my expenses — I spent on training. I netted zero. I lived off my savings, hoping my car didn't break down. I just put everything into seeing what I could actually do. I think that was the shift."


Wow, he spent all his dough on training!? Although It certainly shows! (swoon)  But at the expense of going homeless, I dunno. Honestly, he could never be homeless. I know plenty of people who'd let him crash on their couch for free...like me! 


Seriously speaking though, just goes to show, it's not how much you make , it's how much you save! 
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Man Loses Home After His Kickstarter Goes Awry! 

6/20/2013

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This dude made a game called Glory to Rome but he drained is savings and lost his house trying to finance this thing! Gamers, I don't get them! 
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Atlanta Real Housewife Kenya Moore Evicted for Being $848 Short on Her Rent! Twirl Away, Twirl! 

6/18/2013

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Truth be told, Kenya do gotta bangin' body! But even her fantabulous physique can't save her from getting kicked to the curb. Her landlords say she is behind $848 on her rent, is causing problems in the neighborhood and they want her GONE....as in Gone With The Wind!! RadarOnline reports:
Real Housewives of Atlanta star Kenya Moore just got theheave-ho from the $3999-a-month mansion where she lives, RadarOnline.com has exclusively learned.

A judge in Fulton County, Ga., ruled in favor of Moore’s landlord on Tuesday, who had sued the former Miss USA for failing to make the full rent payment for May — she was $848 short — and defaulting on the terms and conditions of the lease.

The former Miss USA failed to turn up in court to respond to the complaint.
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Census Says SF Full of OverEducated, Overseas, Overpaid Gays! (Not Necessarily In That Order Though) 

6/18/2013

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Fellow San Francisco blog  The Front Steps posted this interesting breakdown of SF. Apparently lotsa rich smart folk and plenty of gays live here! Well, that ain't no surprise!  
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Study Finds Same Sex Renters Are Discriminated Against (Well, Duh!) 

6/18/2013

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The study was conducted by the U.S. Department of Housing and Urban Development, and is the first large-scale study of its kind.
“This study’s results are disturbing and confirm something we’ve all suspected but didn’t have the firm data to prove – lesbian and gay couples are discriminated against when they look for places to live,” said Ian Thompson, American Civil Liberties Union legislative representative in a statement.
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Which Oscar Winning Actor From Oakland Just Listed His Pacific Palisades Mansion for $5.25M?

6/16/2013

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Keyshia Cole and MC Hammer aren't the only stars w/ Oaktown roots! From 'Bosom Buddies' to 'Sleepless in Seattle' Tom Hanks has come a LONG way from Oakland!  This East Bay native has just listed his Spanish property with wife Rita Wilson. 


Factoid: Billy Joel's track My Life was the original theme song. But for DVD and syndication, they switched to a Stephanie Mills song. I love it better! Click clip to here! 
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New Jersey Real Housewife Stopped Her Foreclosure!

6/16/2013

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Jaqueline Laurita of Bravo TV's Real Housewives of New Jersey missed a payment of $10k to her lender who threatened to re-po her 5,000 sq ft McMansion. Jacquline coughed up the dough & saved her family from being kicked to the curb. Pheew! Close one, J! 
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Jodie Foster Lists Her House After Jane Lynch Leaves Her Wife: Are Jodie & Jane Gonna be the New Power Couple!? 

6/15/2013

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 Jodie just put up her $6.4M West Hollywood digs for sale. It's a Spanish Villa with 4bd & 2.5ba. Where is she going next? Maybe chez Jane Lynch??  We ain't one to start rumors but Jane IS getting a divorce from her wife. Jodie probably swooped in!  
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I can recite Freak Friday line by line! No joke!!
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"Million Dollar Listing" Bravo TV Realtor Busted For Photoshopping His Listing! (SMH) 

6/15/2013

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The star of Bravo TV's Million Dollar Listing NY is facing an investigation by the Dept of Real Estate.  He had the gall to photoshop his listing to the point it was unrecognizable. Suspicious!!! 
Radar Online:
Luis’ twin brother, David, was also in on the scheme, Photoshopping a brand new oven into the kitchen and bookshelves that were non-existent. “If I put the real photos out there, nobody would come inside,” Luis said on the episode. “A little white lie isn’t going to kill anybody!”

News flash: a "little white lie didn't kill anybody", but it certainly gives the rest of us realtors a bad name! Thanks a heap!  Luis kinda sorta maybe not really apologized on Bravo TV's blog....Do you accept his apology?
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SMH = shaking my head....tsk tsk
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Example of how Luis Ortiz doctored pix of his listing
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Median SF Bay Area Prices Still $174k Under 2007 Peak!

6/15/2013

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Mercury News:
"The current buyer frenzy has several ingredients: interest rates kept low by the Federal Reserve; a low inventory of homes for sale; high rents relative to home prices; rising incomes and job security; and investors and others paying cash for low-end houses and condominiums."

"At $564,250, the median sales price of an existing single-family Bay Area home in May was 23 percent below its 2007 peak of $738,500 just before the crash, according to DataQuick."

"The Peninsula & South Bay have regained most of their post-bubble losses, while Contra Costa & Alameda counties have a long way to go."

Innerestin' times! 
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$14.5M Billionaire's Row Mansion Hits Pacific Heights...Looks So Pedestrian From The Street Though!

6/12/2013

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You'd never guess from the curb this Pacific Heights abode was a 4-bed, 5.5-bath, 6,000 square foot home w/ jaw dropping views of the Golden Gate Bridge from all rooms! Tech entrepreneurs Alexis and Trevor Traina used to own this place but have since bought a $35M home nearby. 
Pacific heights Herman Chan Real estate
Pacific heights Herman Chan Real estate
Pacific heights Herman Chan Real estate
Pacific heights Herman Chan Real estate
Pacific heights Herman Chan Real estate
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Sustainable TreeHouse Community in Costa Rica! (Did They Rip Off Swiss Family Robinson?!)

6/12/2013

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These people in Costa Rica have built a village in the trees! 
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This looks like a Swiss Family Robinson knock off? LOL
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I watched this film 100x as a kid!
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Remember the old brother Fritz? Hmmm
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House Remodel Broke UP Jane Lynch's 3 Year Marriage! 

6/12/2013

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People just get married and divorced nilly willy nowadays....gay people included! TMZ reports:
Jane Lynch's 3-year marriage is coming to an end ... and a contributing factor may well have been a major remodel.

Lynch and her wife, Dr. Lara Embry, were in the middle of top-to-bottom renovation of their Hollywood Hills home when the marriage fell apart.

So you scoff at the notion a remodel could torpedo a relationship?  Well in your face, because the L.A. Times even ran a story explaining that the stress caused by remodeling ranks somewhere between infidelity and meddling mother-in-laws.
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Doing Some Press Before Hitting Stage in Silicon Valley! 

6/10/2013

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What a fun and informative event! Thank you for everyone who came out to see me speak! Hope you learned something about branding/social media to pump up your business :-) 
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OHH EMM GEE! Median 2 Bedroom Rent in San Francisco Hits $4000/mo! 

6/10/2013

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Median rents for one-bedroom apartments by neighborhood in San Francisco (Zumper).
The apartment rental startup Zumper has updated its maps of the median rents for one and two bedroom apartments in San Francisco by neighborhood. It found that the median price for a one-bedroom in the city is now $2,764. The median price for a two-bedroom is $4,000.
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The median is the numerical value separating the higher half of a data set from the lower half.

In San Francisco, these rates vary substantially depending on which part of town you're looking in. Much like its notorious micro-climates, the city features micro-pockets of relatively affordable rental units.

For example, here are the three most expensive neighborhoods to rent a one-bedroom:

South Beach - $3500
Russian Hill - $3410
Financial District - $3350

And here are the three least expensive neighborhoods to rent a one-bedroom:

Outer Richmond - $1850
Outer Sunset - $1975
Inner Richmond - $2015

As for the three most expensive neighborhoods to rent a two-bedroom:

Financial District - $5800
Marina - $5450
Cow Hollow - $5400

And the three least expensive neighborhoods to rent a two-bedroom:

Outer Mission/Excelsior - $2460
Outer Sunset - $2525
Lakeshore - $2640

Zumper Co-Founder & CEO Anthemos Georgiades explained the methodology the company uses to construct these maps:

  • "We use medians for the average prices to discount outlier listings and so as to not over/understate the real prices."
  • "These May 2013 asking rents are perhaps different to what some readers may currently be paying if they rented a few years ago or if they are still paying rent- controlled prices. However, these are the current prevailing prices for available apartments on the market today."
  • "Most units on the market tend to be newer (read: non-rent controlled) developments built post-1979, since they experience more turnover. These units are often renovated with many more amenities than their rent-controlled counterparts, making them more expensive."
As for the "least expensive" neighborhoods on the list, this too is a relative matter, especially for low-income families. Earlier this year, the National Low Income Housing Coalition reported that San Francisco is thesecond least affordable rental market among all U.S.cities, after Honolulu.

The rental situation is driving some of those seeking apartments to take extreme measures to enhance their chances.

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