(RETURN TO BLOG HOME)


5 and Diamond restaurant on Frederick Douglass near 112th and 113th Streets in Harlem has a sign on the front door saying that it is closed for renovations. When my wife and I spotted this the other evening, my antenna immediately went up. Why would a restaurant that just opened a few months ago need to renovate? Apparently the renovation does not involve the physical space, but it does involve the chef. The owners issued a statement saying that chef David Santos has decided to leave the restaurant. I hope that they reopen on Sept 8th as planned. 5 and Diamond is one of the true culinary bright spots in Harlem below 125th.

  • Share This
  Print This Print This Tweet ThisTweet This

{ 0 comments }

New York City Real Estate Update – Video Blog

August 30, 2010

Manhattan real estate market statistics and market update. Manhattan Date Range 1: 7/3/2010 – 7/31/2010 Date Range 2: 7/31/2010 – 8/28/2010 7/3/2010 – 7/31/2010 7/31/2010 – 8/28/2010 Change % Change Average Listed Price $1,580,246 $1,573,119 -$7,127 -0.45 % Median Listed Price $1,159,558 $1,155,000 -$4,558 -0.39 % Number of Properties Sold 363 292 -71 -19.56 % [...]

Read the full article →

Video Blog – Short Sales hit New York Real Estate

July 24, 2010

The Real Estate Section of the New York Times ran an article about short sales in New York City . Short sales have finally come to NYC, but the deals may not be as good as expected, and the process is a long one. Check my video for more thoughts on short sales, and if [...]

Read the full article →

Turtle Bay Real Estate Article from The WSJ

July 24, 2010

Turtle Bay is a great section of Manhattan. There is a lot more going on there than the UN! Check out the WSJ article to learn about the housing stock and quality of life. By SUSHIL CHEEMA Ramin Talaie for The Wall Street Journal Shops and restaurants occupy the first floors of buildings along East [...]

Read the full article →

New Good Faith Estimates – Quoted in Real Deal Article

July 23, 2010

The new good faith estimate which was mandated by Congress as part of the financial reform package has created more questions than answers. I was interview by the Real Deal for an article about the new 2010 GFEs. Grappling with ‘good faith’ New disclosure law prompting lenders to inflate costs — and buyers to panic [...]

Read the full article →

Video Blog – Low Mortgage Rates Increase Buying Power

July 23, 2010

New York City real estate deals typically involve hundreds of thousands if not millions of dollars, but everyday both buyers and sellers walk away from transactions over a few thousand dollars. However, with mortgage rates at all time lows, delaying a purchase or sale in order  to “get your price”, can end up costing close [...]

Read the full article →

Mortgage Brokers Deny Pregnant Borrowers

July 22, 2010

Mortgage brokers are denying pregnant borrowers loans according to a NYTimes story. Unfortunately, this news is not too surprising, as banks and brokers seem to make up the rules on the fly. The mortgage lending environment continues to be challenging, and even highly qualified borrowers are having a touch time getting mortgages. I am not [...]

Read the full article →