Top 10 Best-Selling Buildings in Brooklyn Mid-Year 2016
So maybe Manhattan does dominate every single top ten best-selling list covering the 5 boroughs, but exciting new developments and older, yet successful residential projects are everywhere in New York. In particular, Brooklyn, the second real estate market of the city, has a lot to show for itself, in terms of both realty investment and the steady climb…
Newly Released Commercial Market Reports: Gain Insight on All Asset Classes in NYC
Building on the success of our newest product – market reports that you can brand with your info – we’re happy to announce the addition of commercial market reports, which means you now have access to comprehensive reports on all 5 major asset classes in New York City. We initially started with the residential and…
Water Mill Home Goes to Auction with a Lien of “Just” $2.6M
A two-story, 6,600 sq ft home in northwest Water Mill is scheduled for auction on August 25th 11:15 PM, at the Southampton Town Hall, with a mortgage lien of $2.6M. Even the exclusive Hamptons community occasionally opens up a back door for new residents to enjoy its lifestyle. For the more budget-minded real estate shopper,…
Top 10 Best-Selling NYC Buildings Mid-Year 2016
At the peak of the real estate season, it’s a good time to take a look back at the first half of 2016 and see which NYC new developments and older constructions across the five boroughs have fared the best. In a market that continues to show healthy yearly growth rates and to favor sellers, according to the…
5 Tips for Marketing Your Commercial Listings
It’s a tough market out there for commercial property professionals: NYC rents for commercial properties have flattened out during the first half of 2016, after a long period of sustained growth. In spite of a 10% availability rate in Manhattan office space, according to Colliers, prices remain high enough that a mainstream of businesses are…
Tips on Finding Rental Properties for Investment with Alexander Aguilar from Cash Flow Diaries
We’re happy to present to you Alexander Aguilar, a real estate investor who also blogs on Cash Flow Diaries about his journey to reaching financial freedom by investing in turnkey rentals (properties that don’t need any fixing and come with a screened tenant, plus property management). He started blogging as a way to track his own…
US Apartment Sizes Shrinking: The Smallest Apartments Aren’t in NYC, but Tucson, AZ
The housing trend that made Manhattan and San Francisco known as hotbeds of tiny living has picked up steam all across the country in recent years. According to a recent study by RENTCafé*, an apartment search website and our sister company, the average size of a new apartment has fallen to 934 square feet in…
A Close-up of NYC’s West Village Home Market
Long known for its historical homes and artistic spirit, the West Village is now the epitome of gentrification: trendy weekend crowds and excited tourists pack the streets where Kerouac once drunkenly roamed. Meanwhile, the area’s established residents who are willing to sell or rent capitalize on the desire of well-to-do New Yorkers to live in…
Infographic – A Close-Up of NYC’s West Village Home Market
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The Gist of the East Village Home Market
A popular area for the past 50 years or so, especially for young crowds, the East Village is touted as one of the more accessible neighborhoods in Lower Manhattan. It also doesn’t hurt its reputation that the whole punk movement that’s now cool again started right here, and ever since, people have been willing to…
Expert Interview with Richard Barenblatt:
It’s Not Uncommon to Come Across Multi-Million Dollar Mortgage Applications
For the latest in our series of Expert Interviews with top real estate professionals, we had the opportunity of talking with Richard Barenblatt (NMLS# 52951), NYC mortgage specialist. Richard shares his take on what happened to the mortgage industry since the financial crisis and whether it is common to see wealthy buyers of multi-million homes…
Top NYC Commercial Real Estate Sales in May 2016
If you’re wondering what’s new on the commercial market, look no further! We’ve compiled 3 short lists of the largest transactions recorded so far in May in New York City, on the Multifamily, Retail and Office sub-markets. Take a look below and don’t miss the spectacular re-sale of 405 Park Avenue, picked up by MRP Realty…
Top NYC Home Sales in May 2016
Exclusive home sales have been getting all the buzz in New York, as everyone, from home owners to agents and developers, are on the edge of their seats to see how much more the market can grow. See the latest sky-high home sales by residence type – condo, co-op and single-family home – in the 3 short lists…
PropertyShark Website is Now Lightning-Fast: Comps and Foreclosures 4X Faster
Users, we heard you: no more waiting time on our website, ever! PropertyShark now works twice as fast and search results load in a flash. Furthermore, two of the most popular products, Comparables and Foreclosures, load as much as 4 times faster! Back in April, we announced massive performance improvements across all PropertyShark products as…
How Much to Live Alongside the Super-Rich?
You might think that to enjoy the status boost of living next door to someone on the Forbes 500 list, you need to boast the bank account of an oil tycoon or a college drop-out tech genius. And, 9 cases out of 10, you would be right. Yet in the spirit of New York’s “something for everyone”, once…
Here’s How Much the Trump Brand Adds to the Value of a Condo
Condos in Trump-Branded Buildings Appreciate by a Rate of 8.2% Each Year; The Average for All Other Manhattan Condos is 7.5% With much debate going on about the value of the Trump brand, we decided to investigate how condos in Trump-branded buildings (whether owned, developed or just branded) perform compared to all other Manhattan condos….
Soaring Prices in Some of Queens’ Top 25 Neighborhoods
Reflecting the residential market’s city-wide growth in the first quarter of 2016, Queens too has registered high transaction numbers (a total of 2,805), 5% more than in the beginning of 2015 . Greater Y-o-Y median price increases occurred with condo and co-op sales (8-9%), but single-family houses still sold for 5% more than they did in Q1 last year. When it…
Surprise Neighborhood Tops Most Expensive Brooklyn List in Q1 2016
The first quarter of 2016 brought forward new front-running neighborhoods across the East River, revealing shifts in preference and budget among Brooklyn home buyers. Columbia Street Waterfront District topped the market in terms of median prices, due in part to upscale condo sales at 84 Congress Street. The lesser known Prospect – Lefferts Garden came second, with the median transaction…
Top 10 Best-Selling Buildings in NYC Q1 2016
It’s to be expected that a best-selling buildings list would find its top contenders among the many luxury properties in Manhattan. However, the first quarter of 2016 saw two buildings from Brooklyn enter the ranks of in-demand places to call home in the city of New York. Similarly, it wasn’t only new, up-and-coming developments that managed to close a…
Top 10 Most Expensive Neighborhoods in Atlanta
The city of Atlanta together with its surrounding suburbs feature some of the most desirable neighborhoods in the state. Large, wooded lots provide inhabitants with the privacy and tranquillity of a country home set in an urban location. This is one of the reasons why people from a variety of life stages are drawn to…
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