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To: renovator who wrote (586)5/15/2012 12:16:57 PM
From: John Vosilla  Respond to of 2722
 
Give it time. Trump is a bottom feeder in great locations. Isn't it amazing how many of our gateway cities of the world are still bubbling up yet again after what we already went through in 2007-09.

Is your feeling there is tremendous shadow inventory on the outlying boroughs of metro NYC? Is it probably being held up by a tight rental market and a very slow legal process? I here many 3-4 unit buildings in the more desireable areas are still triple what they might have been worth in 2000 and back to near the highest prices ever 4-5 years ago?