WeWork Snatches Another 93.5K SF at Pacific Design Center
WeWork is expanding its footprint at Pacific Design Center, taking an additional 93,500 square feet of Los Angeles office space there. The company, which recently became Manhattan’s largest office tenant, more than doubled its space at the 14-acre campus in West Hollywood. Signing a 15-year lease, the coworking firm is set to occupy 39,000 square…
SeatGeek to Relocate HQ to 902 Broadway
Last week, SeatGeek announced it will be relocating its headquarters to 72,800 square feet of Midtown Manhattan office space at 902 Broadway. The company, which helps fans buy and sell sports, concert and theater tickets through their mobile-oriented online platform, will be moving out of its previous location at 400 Lafayette Street. According to a…
One-Bed NoMad Condo Heads to Auction Again
688-square foot condo located one block from the Empire State Building goes to auction October 31, 2018 with a lien of $952,978. The auction will take place at 2:00 PM at 60 Center Street, New York City. 325 5th Avenue #11F was originally purchased for $809,508 back in 2006, with an acquisition mortgage of…
Here Is the Most Expensive Home for Sale in Each State + The District of Columbia
While PropertyShark has a tradition of writing about the most expensive homes for sale by state, we have never before done a nationwide list that includes all fifty states and D.C. For the first time ever, we analyzed active listings from the entire U.S. in order to identify each state’s most expensive home for sale…
The Pros & Cons of Timeshares: Evaluating Shared Vacation Ownership
Thinking about buying into a timeshare? Make sure to explore our comprehensive guide on the pros and cons of timeshares in 2025.
Why Certificates of Occupancy Are Important
A certificate of occupancy is issued by a government agency or a building department. The purpose is to certify that a building is in compliance with building codes and that it is suitable for occupancy. It is issued by local government agencies and the process of certification varies based on the rules of the issuing…
Among Most Expensive Neighborhoods in L.A. Area, Beverly Hills Flats in First Place
Key Takeaways: Beverly Hills Flats becomes the #1 most expensive neighborhood in L.A. area Trousdale takes #2 spot with a median price of $6.3M Hill Section registers 88.5% y-o-y median price growth 8 neighborhoods posted medians above $3M While noticeably cooler than the first half of 2018 and Q3 2017, the top of the L.A….
TriBeCa Reigns as #1 Most Expensive NYC Neighborhood in Q3 2018, Despite 16% Y-o-Y Price Drop
Key takeaways: With a median exceeding $3.4M, TriBeCa reigns as the most expensive NYC neighborhood Garment District Skyrockets to #2 With 61% Y-o-Y Increase With a median of almost $3.1 million, SoHo lands the third spot in Q3 2018 Flatiron District prices see steepest drop year-over-year: 66% decrease With a median of $1.65 million, Brooklyn’s…
A24 Signs Lease for 25K SF at Pacific Design Center’s Red Building
A24 will relocate its offices to the Red Building of the Pacific Design Center. The independent entertainment company behind “Moonlight” is set to occupy 25,000 square feet of Los Angeles office space there. Located at 750 North San Vicente Boulevard, the 400,000-square-foot Red Building is the newest of the three office buildings that make up…
Spaces Takes 99K SF in Redesigned Art Deco Car Showroom
Coworking provider Spaces has recently signed a lease for 99,000 square feet of Manhattan office space at 787 11th Avenue. A former Packard car showroom, the building is currently undergoing major renovations and will soon house high-end offices as well. Originally designed by American architect Albert Kahn in 1929, the Art Deco building at 787…
NYC Foreclosures Continue to Decline in Q3
Key takeaways: With only 716 unique cases, NYC foreclosures decreased 17% Y-o-Y; Queens had the most properties headed to the auction block in Q3: 303; First time foreclosures in Brooklyn stagnated Y-o-Y, the borough seeing only a -1% change; Year-over-year, the Bronx saw a 43% drop in foreclosure activity; With only 22 homes headed to…
David Balk from Citi Habitats: Honesty is the Best Policy in New York Real Estate
A dedicated real estate salesperson and lifetime resident of New York, David Balk is the latest expert to share his valuable insights for our Expert Interviews series. Having lived in Manhattan for over 22 years — on both the Upper East and Upper West sides, before finally settling down in Brooklyn — has afforded David a unique point…
Two-Bed Condo Set to Hit the Auction Block in Bed-Stuy
920-square foot condo in Bedford-Stuyvesant goes to auction October 4, 2018 with a lien of $486,023. The auction is scheduled for 2:30 at the Kings County Supreme Court, 360 Adams Street, Brooklyn, New York City. Unit G07, a 920-square foot unit in The Kent Building located at 970 Kent Avenue, was purchased in June 2006 for…
What Is a Lien? Understanding Lien Types, Implications & More
The simplest way to define what is a lien is that it’s a legal claim a person or entity has on another’s property as collateral for unpaid debt.
Foreclosure of the Week: Financial District Penthouse Up for Grabs at Auction
368-square-foot penthouse condo unit located in the Financial District goes to auction on October 10, with a lien of $451,098. The auction will take place at 2:15 PM at 60 Center Street, New York City. One of only a handful of Manhattan foreclosures, 20 West St #PH-F was purchased in May 2007 for $465,000. The…
Types of Home Loans & Everything You Need to Know About Them
From VA, USDA, balloon and bridge loans to conventional, conforming mortgages and ARMs, here’s all the loan types you need to know about.
citizenM Opens New, One-of-a-Kind Hotel in NYC’s Bowery
citizenM returns to NYC with a brand-new, 300-room hotel at 189 Bowery. Launched September 12, citizenM Bowery is not only home to a unique Museum of Street Art, but also boasts the title of the world’s largest modular hotel. Its counterpart, the 230-room citizenM Times Square, which opened in 2014, is the only other citizenM…
What Premium Are New Yorkers Paying to Live near Central Park?
Editor’s Note: For more recent data on the premiums paid for living near NYC parks, including Central Park, see: The Park Premium: Do You Pay Extra to Buy Next to Manhattan’s Largest Parks? Not only does Manhattan have some of the most expensive real estate across the entire nation, but in certain exclusive spots you…
Michael J. Daniels from Bold NY: Don’t Be Afraid to Pick Up That Phone
Michael J. Daniels specializes in Residential and Commercial sales and New Development at Bold New York, and is responsible for identifying properties and advising clients on leasing and Manhattan and Brooklyn. His background in business began when he became a partner of an entertainment booking agency for high profile artists and the co-owner of an independent…
Foreclosure of the Week: Philip Starck Condo Goes to Auction with $241K Lien
A 430-square-foot condo located in East Midtown’s Gramercy Park is scheduled for auction on October 3, 2018 with a lien of $241,024. The auction is scheduled for 2:00 PM at 60 Center Street, New York City. With a 13% drop in NYC lis pendens, and a 28% decrease in Manhattan foreclosures, a rare property is…
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