True Gotham

Sharing dispatches from the front lines of NYC real estate via the first broker blog in Manhattan

Photos from True Gotham's post 06/28/2024

At Compass, we’re a vibrant and very special community full of energy and passion!

Our culture thrives on:

1. Support: Like a lighthouse guiding ships, we uplift each other. Whether it’s celebrating wins or lending a helping hand, we’re there for each other always!

2. Collaboration: Our synergy is magnetic. We blend diverse talents, creating a symphony of ideas that resonate within and across all of our offices.

3. Passion: Our compass needle points only toward excellence. We are driven by purpose and a desire to always be the best versions of ourselves!

4. Abundance: We believe in abundance, not scarcity. There’s room for everyone to shine, and our collective success knows no bounds.

What an extraordinary place and a magical journey! 🖤

06/20/2023

This site is owned by Doug Heddings but beware that there are 2 Douglas Heddings imposter pages that Facebook refuses to remove. These sites are attempting to defraud people by pretending to be me and taking real estate deposits.

Maximize Your Strengths and Carpe Diem 02/10/2023

Only 5 years since my last last and so much has happened.

Maximize Your Strengths and Carpe Diem 5 years ago this month I made a phone call to Robert Reffkin for some guidance and advice. I was not seeking a position at Compass when we spoke but reached out more because I had grown to respect …

10/27/2018

In an uncertain market, the real estate consumer, whether buyer or seller, seeks an advocate that they can trust to guide them and help navigate and make sense of market conditions as they pertain to them. There are incredible opportunities for all when you take the high road and do the right thing.

10/15/2018

My apologies for being so inactive here. I have never loved my work more than I do now at COMPASS and it is keeping me engaged! Will try to share more going forward but for now, enjoy this old film clip from NYC 107 years ago...WOW

The Importance of Trust in a Shifting Real Estate Market - True Gotham 07/27/2018

Trust and advocacy are what is needed to succeed in a shifting real estate market:

The Importance of Trust in a Shifting Real Estate Market - True Gotham 2009 was my very best year in the Manhattan real estate business! When I share that fact with the agents whom I have the fortune of coaching, they are genuinely surprised and always ask, “how?” The answer is TRUST.

The “for sale” sign gets its first major makeover in nearly 50 years 07/18/2018

Another RAVE review of our new sign:

The “for sale” sign gets its first major makeover in nearly 50 years The real estate unicorn Compass, worth $2.2 billion, wants to connect front-lawn signage to the digital world.

07/17/2018

COMPASS launches the next genertion of real estate sign!

media.giphy.com 07/15/2018

So sorry all! I've been super busy since starting my Coaching position at COMPASS! Hoping to surface this week to begin sharing more news, anecdotes, and dispatches from the front lines of real estate (not just Manhattan anymore)!

media.giphy.com

162 - Changing Firms/Teams with Doug Heddings - Real Estate Success Rocks - The Podcast 04/03/2018

So much fun chatting with Patrick Lilly about change on his podcast!

162 - Changing Firms/Teams with Doug Heddings - Real Estate Success Rocks - The Podcast  Doug has been in the business for 26 years, and has sold over $1 billion of real estate during his career. He was previously the owner of The Heddings Property Group and then EVP-Director of Sales at CORE. He’s now an Agent Coach at Compass focused on agent productivity through mentoring, trai...

Cash money: Google's $2.4B megadeal is debt-free: sources 03/21/2018

$2.4 BILLION...CASH!

Cash money: Google's $2.4B megadeal is debt-free: sources Sitting atop a mountain of cash, Google can see its new home. The tech giant’s $2.4 billion purchase of the Chelsea Market building, which closed T

Change: Often Difficult and Always Necessary - True Gotham 03/11/2018

ch ch ch ch changes...

Change: Often Difficult and Always Necessary - True Gotham I have written in the past on True Gotham about the importance of the agent being aligned with their brokerage’s culture and precisely how that culture fit can impact the consumer. So why is it that so many continue to work in an environment that is not the most conducive to their productivity and...

Compass hiring spree continues with top Core sales managers 03/03/2018

A new chapter begins...

Compass hiring spree continues with top Core sales managers Doug Heddings and David Innocenzi, leading sales agents with New York-based luxury real estate brokerage Core, will join Compass on March 5.

T-Mobile Chief Lists Manhattan Penthouse with Big Plans for $22 Million 02/03/2018

A stunning piece of history!

T-Mobile Chief Lists Manhattan Penthouse with Big Plans for $22 Million John Legere said he'd secured approval to expand the Central Park-facing home by expanding onto the building’s roof.

12/29/2017

Trends & Tides: It Passed. New Tax Laws and Potential Impact on NYC Real Estate - CORE Real Estate

3 possible scenarios in NYC real estate from new tax laws

corenyc.com Last week, I discussed the potential impact of what was then the “proposed tax plan” on our local New York City real estate market. Well, as of this moment, the new tax bill is now law as both the House and Senate have voted.

12/15/2017

CORE Real Estate

How will the $1.5 trillion in proposed tax cuts affect NYC homeownership? Douglas Heddings explains 4 parts of the bill that'll have the greatest impact if it becomes a reality.

11/09/2017

Meet Doug Heddings

Some additional insight into CORE's Director of Sales and TrueGotham's founder, Douglas Heddings. If you are a like minded and experienced real estate professional with a desire to increase your business in a very special collaborative and supportive culture, contact Doug to determine if you and CORE are a fit.

11/06/2017

True Gotham: When Should I Engage a Real Estate Agent?: Seller’s Edition - CORE

When to hire a seller's agent:

corenyc.com Reporting from the front lines, Douglas Heddings brings us “True Gotham” – your source for NYC real estate tips, advice, anecdotes and general market insights that aim to inform and enlighten. A few weeks back I discussed why it is never too early to engage a buyer’s agent to assist with the purchas...

11/06/2017

Trends & Tides: Manhattan Market Microscope - CORE

A deep dive into past 60 days of NYC real estate data:

corenyc.com In Trends & Tides, Doug Heddings, CORE’s Executive VP of Sales, looks at the ever-changing environment of New York City real estate – past, present and future – by offering observations, analyzing perceptions and challenging myths, while giving a dose of reality along the way. In an effort to make s...

10/18/2017

Trends & Tides: Outdated Sales Tactics Remain the Norm - CORE

As much as the real estate industry has evolved, too much stays the same!

corenyc.com Trends & Tides takes a look at the ever-changing environment of New York City real estate – past, present and future – by offering observations, analyzing perceptions and challenging myths, while giving a dose of reality along the way. I wrote this piece nearly 8 years ago for my blog and unfortunat...

10/03/2017

True Gotham: When Should I Engage a Real Estate Agent: Buyer's Edition - CORE

Consider enlisting an agent when you first dream of making a move.

corenyc.com Reporting from the front lines, Douglas Heddings brings us “True Gotham” – your source for NYC real estate tips, advice, anecdotes and general market insights that aim to inform and enlighten. If I told you how many times I have been walking down the streets of Manhattan, sitting in a restaurant or…

09/18/2017

Trends & Tides: Seller Beware-Exclusive Listing Agreement Expiration May Cause Headaches - CORE

Seller Beware: Your Exclusive Agreement may NOT be expiring!

corenyc.com Trends & Tides takes a look at the ever-changing environment of New York City real estate – past, present and future – by offering observations, analyzing perceptions and challenging myths, while giving a dose of reality along the way. With nearly 30,000 licensed real estate agents in New York City…

09/15/2017

CORE Real Estate

Relevant analysis every month in Quoin. This month, the impact on value of a park view. It's big!

70% of the top home sales in NYC history have 1 thing in common: a park view. This month's Quoin report analyzes the impact of a view. https://corenyc.com/quoin-look-value-park-views/

08/22/2017

True Gotham: Not All Brokerages Nor Agents Are Created Equal - CORE

I just love it when I meet an agent that is the right "fit!"

corenyc.com Reporting from the front lines, Douglas Heddings brings us “True Gotham” – your source for NYC real estate tips, advice, anecdotes and general market insights that aim to inform and enlighten. I have written before about the importance of company culture as it relates to the success of a real estate...

08/08/2017

Trends & Tides: Traditional vs. Tech Brokerage | CORE - New York City Real Estate sales and marketing

Innovation requires openness to marrying tech with tradition.

corenyc.com Trends & Tides takes a look at the ever-changing environment of New York City real estate – past, present and future – by offering observations, analyzing perceptions and challenging myths, while giving a dose of reality along the way.Yesterd

07/11/2017

CORE Real Estate

Who said the customer is always right?

You might be surprised to hear...the customer isn't always right.
Wisdom on accurate pricing from Douglas Heddings on the CORE blog:

06/19/2017

True Gotham: Avoiding Drama in Today's Complex Real Estate Market | CORE - New York City Real Estate sales and marketing

It is indeed possible to have a smooth real estate transaction.

corenyc.com Reporting from the front lines, Douglas Heddings brings us “True Gotham” – your source for NYC real estate tips, advice, anecdotes and general market insights that aim to inform and enlighten.If there is one word that I would use to describe th

05/20/2017

True Gotham: History Repeats in Manhattan Real Estate | CORE - New York City Real Estate sales and marketing

3 things to consider when seeking appreciation in Manhattan real estate.

corenyc.com Reporting from the front lines, Douglas Heddings brings us “True Gotham” – your source for NYC real estate tips, advice, anecdotes and general market insights that aim to inform and enlighten. Once upon a time, I suggested that a client strongl

04/15/2017

CORE Real Estate

Super cool

Sunlight & shadow shape the character & rhythm of our public spaces. Follow the shadows over your NYC building via The New York Times's interactive map.

04/13/2017

The Lighter Side of Real Estate

This is fantastically funny!

Accurate.

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