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gift

The Federal Reserve’s Gift to Summer 2019 Home Buyers (Sellers, Too)

Booster Shot for Housing Market “10-Year Treasury Yield Falls Below 2%, Defying Expectations.” —Wall Street Journal headline (6/20/19). Thanks to diving interest rates, the housing market is getting a booster shot entering a time of year (mid-Summer) when things customarily start to slow down a bit. How dramatically have rates fallen? In just six weeks,...
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(Re)Naming Rights: “Live By the Checkbook, Die by the Checkbook?”

Avery Fisher Hall David Geffen Hall I have no idea who Lincoln Center namesake Avery Fisher was. Twenty years from now, it’s a good bet that no one else will, either. That’s because, in exchange for a ginormous gift from entertainment mega-mogul David Geffen, New York’s Lincoln Center recently agreed to rename its Avery Fisher...
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