Still rent. While oil prices are surging and threaten to put a break on our economy, it means good things for interest rates and bad things for an incumbent president. Nevertheless, Alan Greenspan is sanguine, saying it's "quite unlikely" that there's a housing bubble that's about to pop, but that the possibility "cannot be readily dismissed." He doesn't live in New York. (via Bankrate) MGR
REAL ESTATE LINKS
'I Love You' Graffiti Sweeps LES (Curbed)
Mortgage Matters Blog (HoldenLewis)
Chef Serves Up TriBeCa Condo to a Japanese Pop Star (NYTimes)
A BMW Showroom Is to Open on Wall Street" (NYTimes)
Recent sales in Park Slope (Brownstoner)
Gwathmey Astor Place Conspiracy Theories, Etc. (Curbed)
Bowery Tour (NYMag)
The race to sell New York’s most expensive apartment—ever—has begun (NYMag)
Ceremony tops off new 7 WTC (DailyNews)
Home Resales Keep Up Near-Record Pace (NYTimes)
Union Square Park to get facelift (DailyNews)