{March 2020) Coronavirus: Round #1 and Round #2
I would like to first take this opportunity to thank our medical professionals. Many of my friends are on the front line. A big thank you to you!
This whole year so far is one big quarantine to me. I took the kids to Shanghai for CNY in January and was holed up in my parents’ apartment. I came back on 1/30 into a 14-day homestay. Now here we are again. My head spins sometimes from a lack of my usual routine. For a workaholic like myself, not being able to work is trying. But I got one wish come true! At the beginning of the year, I was just thinking that my younger daughter was going off to PreK this Fall and I wanted to spend more time with her. Voila! Now my day is one long session of cooking and feeding two hungry kids, with a few calls sprinkled in between. I most certainly hope this episode of disruption ends soon. But I will also miss these days of being together.
The real estate market has understandably come to a halt. Most of my sellers, buyers, and landlords are on hold. Last week I did one rental deal via FaceTime showing. All of my closings scheduled for the next 3 weeks are canceled. This week, I am negotiating a couple of deals for buyers looking to buy in new development. They saw the projects a while back. Now they are coming back in the hopes of getting a better deal. The Sponsors are more negotiable.
Now, this is something I have always wanted to do: learn to play the guitar! Fender will teach you online.
The recent tariffs sent the stock market into a tailspin over the last two days. But just before that, NYC real estate was quietly holding its ground—and even pushing forward.