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To: marginmike who wrote (16078)	10/6/1998 7:48:00 PM
From: dougjn	Respond to of 152472

Well, and in the spirit of this forum. Which I think will probably not move Manhattan real estate prices. I would suggest to you, brother. Wait. You are very likely to be able to buy cheaper six or twelve months from now than today. Pay taxable rent in the meantime. I hope you are not the lead bidder for my condo. <gg> Doug

To: marginmike who wrote (16078)	10/6/1998 11:09:00 PM
From: Joe NYC	Read Replies (1) \| Respond to of 152472

Mike, OT I am in the market to buy im hopping for a collapse! I was hoping as well. I was encouraged last October during the mini collapse, but the real estate prices just continued to go up, so I bought, since I coudn't wait any longer. Joe

To: marginmike who wrote (16078)	10/7/1998 11:23:00 AM
From: straight life	Respond to of 152472

" I think that New York Real estate over the long haul will weaken a little but I think that there is just not enough new units coming to market." Overheard at the gym (west-side Manhattan): him: "...yeah, I'm at Merrill and I was told no bonuses this 1/4, next 1/4 or even in the spring." she: "I'd like to do IPOs but they're just dead." Conclusion: this bear hangs around another quarter or so and there'll be enough 20-something investment banker real estate around to flood the market. And what will happen to employment in the ancillary industries that service Wall St.?