**Thanks to Jonathan Miller for bringing this to the HREB’s attention.   “We were actually shocked they did this,” says Scott Simon, who as the head of the giant bond fund PIMCO*s mortgage-backed securities team is one of the world*s biggest mortgage bond traders. “It seemed so out of line with their mission.” The trades [...]

I suppose we’ve been spoiled. “Oh,$25million was the highest sale last year? Too bad.” Well, while most of us would love to have those $25m, $24 and even the $16M sales, seeing them at the top of the carts, compared to the $100M Further Lane  and $65M Gin Lane sales of 06-07 make us ponder [...]

Gregg Saunders, vice president of retail real estate development at Philips International, had been in no rush to sell a house north of Route 27 in Sagaponack that was built for him and his wife in 1998. The four-bedroom property with a tennis court and pool had been on the market for two years at $2.9 million. Then [...]