Foreclosure of the Week: LEED Gold Condo Unit Heads to Auction Again
1,190-square-foot condo in LEED Gold-certified high-rise goes to auction on September 26, with a lien in excess of $1 million. The auction will take place at 2:15 PM at 60 Center Street, New York City. With only 26 properties up for auction in Q2 2018, Manhattan foreclosures are a rare sight, especially with numbers trending…
Let’s Celebrate PropertyShark’s 15th Anniversary Together!
Join us in celebrating 15 years of PropertyShark on the 4th of October 2018 at The Copacabana in New York City. We’ve come a long way together and this milestone wouldn’t have been possible without your support. We are looking forward to hosting you on this special evening. The event provides an opportunity to network…
Daniel Hickey from Houlihan Lawrence: As Life Becomes More Complex, Professionals Become More Valuable
Coming from a long career in the wealth management and private equity business where he developed invaluable financial and sales skills, Daniel Hickey – licensed real estate salesperson at Houlihan Lawrence Commercial Group – is the latest expert to share his insights with us. Growing up on the western Long Island Sound gave Daniel deep…
Jessica Silver from CORE: Your Sphere of Influence Will Be Your Biggest Asset in the Beginning
Jessica Silver is a licensed New York City for 25 years. Due to her dedicated and client-focused approach, she was able to seamlessly transition from a successful career in advertising sales to real estate. Jessica has made deals in a wide range of neighborhoods, from Brooklyn, to Manhattan and Queens. Avidly engaged with new properties on…
More Optimistic Than Millennials, Gen Z Is Here to Revolutionize the Housing Market
New kids on the block prize homeownership, aspire for larger homes and more amenities To better understand the difference in attitude between Gen Z, Millennials and Gen X towards homeownership, intergenerational living and saving for a down payment, PropertyShark conducted a generational survey on their preferences. Key takeaways: Like other economic sectors, the real estate…
How to Evaluate the Price of a Multifamily Property
An accurate evaluation of a multifamily property is fundamental for the profitability and long-term success of an investment. Multifamily investments can be financially rewarding if done right but can also backfire if a lack of understanding leads to mistakes. However, many of the common mistakes are avoidable with the right knowledge. So, what’s the first…
NYPD Close to Signing Lease for More Space at 375 Pearl Street
The New York Police Department is close to signing a lease for 106,000 square feet of Manhattan office space in the Verizon Building at 375 Pearl Street. City Hall will complete the deal after the Department of Citywide Administrative Services (DCAS) hosts a public hearing about it on September 8. The law enforcement agency will…
CBRE Global Investors Relocates to Figueroa at Wilshire
CBRE Global Investors has recently signed a lease for 32,000 square feet of Los Angeles office space at 601 South Figueroa Street. The independently operated affiliate of the CBRE Group will relocate its headquarters from City National Plaza at 515 South Flower Street to Figueroa at Wilshire by January 2019. Moving one block away from…
Top 10 Best-Selling Residential Buildings in NYC – H1 2018
Condo sales were lukewarm in the first half of 2018, as only 537 residential units traded in the top 10 best-selling buildings in New York City. By comparison, that’s 130 units short of the number sold in just one building last year. Only four buildings posted triple-digit median sale figures in Manhattan and one in…
Spotify to Move Regional HQ to LA’s Arts District
Music streaming giant Spotify has recently signed a lease for 110,000 square feet of Los Angeles office space at the At Mateo office complex in the Arts District. The Swedish-based company will relocate approximately 120 employees from 9200 Sunset Boulevard in West Hollywood, where it occupied only 8,200 square feet, to its new regional headquarters…
Jeff Krantz from Halstead Property: Promote Yourself in a Consistent Manner
Co-founder and leader of the elite residential real estate team Krantz and Krantz of Halstead Property, Jeff Krantz is the latest expert to share his knowledge in our Expert Interviews series. Through boundless creativity and a “listen first” philosophy, he delivers world-class results for thousands of clients. Blending bottomless creativity with a grounded analytical approach,…
Digital Advertisement Firm Undertone Signs Lease for New HQ at 1WTC
Undertone, a leader in digital marketing, announced it will be moving headquarters from its current location at 340 Madison Avenue to part of the 77th floor of One World Trade Center. The company has recently signed a seven-and-a-half-year lease for 25,550 square feet of Financial District office space. The move is expected to happen in…
Where Can You Buy a Home Under $500/SF in NYC?
There was a time when you could have bought a home anywhere in Brooklyn or Queens for $500 per square foot, and possibly in some parts of Manhattan too. Nowadays, only the Bronx and Staten Island offer homes in this price range in every neighborhood, with the rest of the boroughs having homes listed at…
Malibu Home to the Most Expensive Neighborhoods in L.A. Area
Key Takeaways: Malibu Colony Beach remains the most expensive neighborhood in L.A. Region Beverly Hills Gateway takes second spot with $9.6 million median sale price 5 neighborhoods in the L.A. area posted medians above the $5 million mark Carbon Beach is the location of #1 most expensive home ever sold in L.A. Region Featuring two…
11 + 4 Hidden Homebuying Costs to Keep in Mind
Hidden home-buying costs can surprise both first-time and season buyers, be they one-time expenses or part of the standard costs of ownership.
Gregory Kyroglou from Modern Spaces: The Market Right Now Requires the Right Price
With a passion for real estate nurtured from childhood, Gregory Kyroglou, managing director and licensed associate broker from Modern Spaces, is the latest to share his insights for our Expert Interviews series. Born and raised in Astoria, Greg has seen first-hand the wonderful transformation of the neighborhood he calls home. As a lifelong resident, Greg’s…
How Much Money Are You Left with Each Month After Paying All Expenses?
Key Takeaways: As an owner, you can save more than $4.5k/month in Manhattan and $3.5k in San Jose; Having the second-highest median income in the country, homeowners can save $2.6k in SF; With low living and housing costs, residents in Raleigh and Austin can save over $2k per month; Miami leaves a hole of more…
The Most Expensive Homes Ever Sold in California
Regularly ranking among the 10 largest GDPs globally, and boasting easy connectivity and endless lifestyle options, California is an attractive real estate market for global investors, especially on the upper end of the spectrum. The flow of foreign money into L.A.’s luxury real estate market became more pronounced after the 2008 housing crash, especially from…
NFK Closes on $29.9M Empire Towers V Sale in Ontario, CA
Real estate firm MGR Realty nabbed Empire Towers V, a 124,529-square-foot Class A Ontario office space for a total of roughly $30 million. The real estate advisor NKF Capital Markets represented the seller, TA associates, a private equity firm, which had completed the building project at 3990 Concours Street in 2007. The 5-story steel-frame construction…
Disney Acquires Building Rights at 4 Hudson Square Site for $650M
The Walt Disney Co. acquired development rights for 4 Hudson Square in a deal valued at $650million. Spanning a full city block, the area is currently occupied by 304 Hudson Street, 137 Varick Street and 30 Vandam Street. The three buildings are currently housing retail and office tenants. The Lower Manhattan campus is owned by…
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