Zoom In: Manhattan’s Condo and Co-op Sales Activity in Q3, 2015
Manhattan has just ended “one of the strongest summer selling seasons in the last five years” states the Corcoran real estate market report for Q3. The total number of Manhattan condo and co-op sales was up by 3% compared with 2014. There were 4,082 units sold at a median price of $999K, a 10-year-high price and a 5%…
NYC Real Estate Just Got 25% Cheaper for Swiss Buyers
U.S. investors turned their focus to the Swiss franc after the currency soared by 25 percent in value against the U.S. dollar this morning. Although the news came as a bad surprise for most investors in both Europe and the U.S., Swiss franc owners were able to buy NYC real estate 25% cheaper than yesterday. A few…
Central Park views still worth their price
How much more would you pay for having Manhattan’s most prominent patch of grass in your „front yard”? This might still sound out of place to some, but last year home buyers considered it worth paying a median sale price premium of 118% for living in one of the condo or coop units bordering Central…
“More Manhattanites Buy Brooklyn Condos” – What About the Other Way Around?
We recently released a study, first covered by Brownstoner, which revealed that Brooklyn condos are becoming increasingly appealing for Manhattan buyers, especially those priced at $1 million and above.
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