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Posts Tagged ‘Bloomberg TV’

Bloomberg Surveillance TV – Guest Host 9-25-14 : Housing and bendable iPhones

September 25, 2014 | 1:40 pm | bloomberg_news_logo | Videos |

Was asked to guest host this morning for the 7-8am hour on Bloomberg TV’s Surveillance. Tom Keene, Scarlet Fu and Adam Johnson team up for a must-watch show every morning.

In the first clip we talk Manhattan Luxury market problems and records. In the second clip we banter about the bendable iPhone Plus and housing as an investment. These two articles likely prompted my invite:

NYC Luxury-Condo Buyers Await New Towers as Sales Slow [Bloomberg News]
NYC’s Most Expensive Condo to Be Listed at $130 Million [Bloomberg News]

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[Bloomberg TV] Guest Host of ‘Surveillance’ 5-28-14

May 28, 2014 | 6:00 pm | bloomberg_news_logo | Videos |

This morning, I got to join Tom Keene, Adam Johnson and Cristina Alesci on Bloomberg TV’s Surveillance to talk housing for the 6am to 7am hour. Definitely worth getting up at 4am to make into the studio. No, really!

Covered a lot of ground this morning on the show. Here’s another clip.

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[Video] “Housing…will be a Necessary Casualty”

May 10, 2014 | 12:20 pm | bloomberg_news_logo |

Ian Shepherdson, chief economist at Pantheon Macroeconomics as a guest on Bloomberg Television points out some key issues relating to housing and the economy. It’s a great quick overview on how housing fits into the economic recovery equation. So much for a “soft handoff,” the idea of the housing moving from dependency on low mortgage rate to thriving on a stronger economy. The ideas being projected here are that the economy may improve without housing’s help.

“It is not quite as important as the fed seems to think.” “I sometimes say the fed is almost as obsessed with housing as the labor market.”

“I’m not convinced it is absolutely essential that housing keeps charging upwards in order for the rest of the economy to grow.”

“It’s a relatively small share of gdp now in terms of housing construction and even when you add in the retail stuff related to housing.”

“It is important to sentiment.”

“They were ready to dismiss it as something temporary and clearly the worries are more deeper.”

“Mortgage rates, if they rise further as the economy picks up, housing will be under further pressure.”

“It is a paradox that the stronger the rest of the economy gets and the more worried the market gets about the fed raising rates, the higher 10 year yields will go and mortgage rates and potentially the housing market will get weaker.”

“This is a three or four year process to get back to normal.”

Housing unfortunately will be a necessary casualty.

“My guess is that that’s the way the fed’s thinking evolves great if we see the economy strengthening brother that housing is weakening, i think they will have to live with that and stand up and say it’s a price we have to pay in order to get the rest of the economy moving.”

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Talking Interest Rates, Housing on Bloomberg TV’s ‘Surveillance’

March 20, 2014 | 8:33 am | bloomberg_news_logo | Videos |

Had a great conversation with Tom Keene, Scarlet Fu, Olivia Sterns and guest host Strategas Research Chief Investment Strategist Jason Trennert about the US housing market. We also dabbled a bit in Brooklyn and Manhattan rents and talked NCAA March Madness picks. Always fun to come in and join the Surveillance team.

Go MSU Spartans! Go State!

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Talking Rental Markets on Bloomberg TV’s ‘Street Smart’

March 14, 2014 | 5:54 pm | bloomberg_news_logo | Videos |

Had a great conversation with Trish Regan on her Bloomberg TV show “Street Smart” about the Manhattan and Brooklyn rental markets and rent versus buy. This was in connection with the February Elliman rental report we published earlier that day.

It was windy and 18 degrees outside so I think I look a bit disheveled. But always fun to connect with everyone at Bloomberg whenever I visit (and maintain my Foursquare mayorship of the “green room”).

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[Bloomberg TV] Second Avenue Subway Nears Completion, Influences Housing

February 2, 2014 | 7:00 am | nytlogo | Public |

Here is an interview I recently did for Bloomberg Television’s In The Loop on the first phase of the long awaited and sorely needed Second Avenue subway line. I had also looked at this data about two years ago.

subway map

For the show I crunched closed sales data for the 4th Quarter of 2013 versus the same period in 2009 and provided a similar time frame for the rental market. I defined the impacted subway zone as the Upper East Side neighborhood between Third Avenue and First Avenue extending from 96th Street to 59th Street. Areas out side the zone were simply those to the east and west of it but within the neighborhood. I realize that simply taking the average price of all transactions in each of the zones are subject to skew. However given the large size of the zones, I think it is a reasonable way to extract some sort of impact.

Based on the results, the subway zone fell behind the areas outside the zone during the 4 year time span.

West of Zone
Sales Prices +14.7%
Rental Prices +7.7%

East of Zone
Sales Prices +12.2%
Rental Prices +9.1%

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[Video] Talking Housing on Bloomberg TV’s Surveillance 9-24-13

September 24, 2013 | 12:10 pm | bloomberg_news_logo | Videos |

Always fun (and refreshing) to talk housing with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg TV’s Surveillance. I always watch or listen to the show on their apps as part of my morning routine. Got to meet and hear great insights from Jim O’Neill, Bloomberg View columnist and former chairman of Goldman Sachs Asset Management as well.

Did I tell you I am still the mayor of the Bloomberg Cafeteria on Foursquare?

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[Video] Talking Housing, Case Shiller, on Bloomberg TV’s Surveillance 8-28-13

August 28, 2013 | 11:13 am | bloomberg_news_logo | Videos |

I had a nice discussion with Tom Keene, Sara Eisen and Alix Steel, along with guest host Byron Wien, vice chairman of Blackstone Group LP’s advisory services on the state of US housing and the latest Case Shiller numbers.

More importantly, I’m still the mayor of Bloomberg TV’s Green Room on Foursquare.

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[Video] Manhattan’s tight non-luxury housing market on Bloomberg TV’s Market Makers 8-7-13

August 8, 2013 | 2:02 pm | curbed | Columns |

Yesterday, Oshrat Carmiel’s real estate piece: Manhattan Homes Under $3 Million Never Harder to Buy hit the terminals and web site rising almost immediately to the most emailed and most read article of the day. The starting point for her article was based on my firm’s data – extracting the luxury market data from the overall market – to observe what’s happening to “non-luxury” real estate. I define luxury real estate as the top 10% of all sales prices in a period. This analysis looked at the remaining 90% and as it turns out – the Manhattan market is a lot tighter there.

I had a fun discussion with Erik Schatzker and Alix Steel about the “non-luxury” Manhattan market on their Bloomberg TV show “Market Makers.”

I also did an interview with Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage” and also used the data I compiled in my weekly column on Curbed covering the same topic.

As of today, the Bloomberg article is still the most read on Bloomberg worldwide. Apparently there is interest in the housing market beyond the super wealthy’s real estate exploits.

It was a busy day.

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[VIDEO] Manhattan’s Record Spring Market on Bloomberg TV’s Market Makers 7-2-13

July 2, 2013 | 6:52 pm | delogo | Videos |

I joined Erik Schatzker and Scarlet Fu to talk about our new market research piece released today covering the 2Q13 Manhattan sales market that we prepare for Douglas Elliman.

The Bloomberg TV long interview format is absolutely fantastic.

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