Remember when you were little and considered chicken nuggets and a soda the epitome of fine dining? (Actually, I still do, but that’s neither here nor there.) Tastes and needs change as we get older, and the same principles apply to renting. What people in their early 20s want is completely different from what retirees [...]

Apartments don’t just sell themselves. You might have tons of natural light, a modern chef’s kitchen and be located near transportation, but, then again, so is your competitor’s place. So then real estate agents and developers must reach in to their bag of marketing tricks.
Staging an apartment is probably the easiest, and most effective, way [...]

A few years ago, I had no idea what creme fraiche was. I didn’t know beets could be made into foam (or why anyone would want them to be. I’m actually still trying to figure this one out). Actually, to be honest, I didn’t even know how to boil an egg. Seriously. Don’t judge.
But all [...]

Step into a Trader Joe’s store in Manhattan and you’ll be greeted with a madhouse of customers maneuvering the tight aisles, and employees frantically restocking shelves and holding up “End of Line” signs, which keeps getting further and further away from the checkout. Yet the customers keep coming, loading their carts and waiting in line. [...]

'The Accidental Economist' with Jack Kern: Divorce American Style

In the beginning it was great, like true love—so exciting and cozy. I couldn’t wait to get home, to be there, the newness of it all, the way it made me feel, all tingly inside, like a hug after a long journey. Then it started to get to me—the noise, which was a cacophony of [...]

By: Jeffrey A. Kohn, Esq.
There have been a number of proposals to reduce or eliminate 26 U.S.C. § 163(h) of the Internal Revenue Code, which currently allows home mortgage interest to be deducted for federal tax purposes (the “Mortgage Interest Deduction”) subject to certain limitations. Currently, most taxpayers that elect to itemize may deduct the interest on their [...]

'The Accidental Economist' with Jack Kern: Not Your Father's Renter Thanksgiving

I’m a second-generation American. My parents both came here from immigrant families that probably would have been denied entry if not for the fact that they arrived here around 1908. I come from a long line of renters (and a couple of very colorful characters who resided for a time at Sing-Sing and some other [...]

'The Accidental Economist' with Jack Kern: Mack the Knife

Sometimes you get to meet people in this business that really surprise you. Being on the inquisitive end of research, I’m always observational instead participative, so I notice details many would consider non-important (Probably one of my most irritating qualities). That’s why I wanted to tell you about Mack the Knife, the Chicago Chop House [...]

'The Accidental Economist' with Jack Kern: Caryle's Grand Gaffé?

In an article that appeared this week in the Wall Street Journal, not necessarily the most accurate of sources, to be sure (hello, Rupert, lay off anybody today?), there is a bellwether article garnering little notice, but certainly worthy of more attention than Rick Perry got about forgetting the names of the federal agencies he [...]

'The Accidental Economist' with Jack Kern: How the Apartment Turns, or You Want Fries with That?

Renters are a pretty curious bunch, and between checking out the latest and greatest buildings and comparing amenities with their friends, they use smart phones and social media to get information. Being in research, an integral part of gaining perspective is to, in essence, act and think like a renter. Emptying my head of such [...]

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