Chart of the week: NYC most expensive homes (2005-2012)
How much is not too much for certain New Yorkers when it comes to buying a home? $30M, $40M, $50M? Close…but still far away. At PropertyShark.com we looked at the highest price tags put on residential homes sold each year since 2005, and we’re ready to share the findings with you in our weekly chart….
New Business and Retail Interactive Map for Manhattan. Brooklyn next.
As first reported by The Real Deal, PropertyShark has launched a while back a new business and retail mapping tool covering New York City. Currently, our map covers all Manhattan’s businesses and retail stores and will soon provide those interested with a fast visual grasp of NYC’s entire business landscape. If before, brokers and real…
Chart of the week: Tallest NYC residential towers by borough
NYC renters with “high aspirations” (literally!), we invite you to have a look at our chart of the week, featuring the tallest residential towers in each borough in NYC. Unfortunately, the limit is not really the sky, but somewhere around 870 feet or 76 floors high. In Manhattan, at least. 870 feet is how high…
NYC Homes: Two Centuries of Architecture
As America was celebrating last Friday, June 8th, the 145th would-be birthday of its most famous architect, Frank Lloyd Wright, at PropertyShark we turned our attention toward what represents almost two centuries of home architecture in New York City. A 2012 walk through the city’s most prominent historic districts — Greenwich Village, Brooklyn Heights – still…
Weekly chart: Top 10 Manhattan neighborhoods by office space
It’s Manhattan, it’s morning, and it’s time to go to the office. In case you were wondering what neighborhoods devote the largest total areas of office space to the working crowd in Manhattan, here is our weekly chart to consider: There’s no doubt about number 1 — Midtown Manhattan, New York’s largest commercial district and…
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…
Top 10 NYC Neighborhoods with the Biggest Stock of Rental Units
For those needing an extra helping hand with the, often daunting, process of finding a rental unit in New York City, here’s a map to consider. It doesn’t only show you what neighborhood to go to in order to find the most rental units, but the colors can help you envisage the landscape in terms…
Top 10 Most Viewed NYC Properties on PropertyShark
Each and every one of us hopes that sometime in the not-too-distant future the word ‘recession’ will be buried deep in our memory, but unfortunately, that day has not come yet.
Q1 2012 Brooklyn Apartment Sales Map
Our quarterly map displaying apartment sales in Brooklyn is ready to reveal the state of the market in the first quarter of 2012. On the map, the size of a circle indicates the number of sales in that building and the color indicates the price per square foot. For more details about the sold units…
Most Expensive NYC Neighborhoods in Q1 2012
Tribeca and Soho were again the priciest NYC neighborhoods in Q1 2012, with median sale prices of $2,315,000 and $1,950,000 respectively. However, if we look at median price per square foot, the two neighborhoods were surpassed by the West Village with $1,592/Sq Ft and Midtown with $1,424/Sq Ft. Brooklyn had two neighborhoods in the top…
Commercial Transactions in New York City up 52% Y-o-Y
Q1 2012 was the fourth consecutive quarter in which the commercial real estate market in New York City accounted for more than $4 billion in sales ($4.98 billion), recording a 52% Y-o-Y increase. In terms of commercial transactions, the 849 sales closed in Q1 2012 were up by 25% over the first quarter of 2011…
Top 10 NYC Buildings with Most Units Sold in Q1 2012
The first quarter of 2012 saw The Edge edge ahead once again (pun intended) as the building with the most units sold – as was the case taking 2011 as a whole. 4 buildings were in a tie with the same number of units sold, thus meaning that the “top 10” contained in fact 13…
Continental Plaza in Hackensack Scheduled for a Foreclosure Auction
Continental Plaza, a three-tower office complex located on 401 Hackensack Avenue in Hackensack (Bergen County), is scheduled for a foreclosure auction. The lien amount is $101.9M. According to a North Jersey.com article that dates back to May 27th, 2010, the interest-only mortgage was initiated in 2004 but could not be refinanced in September of 2009,…
Q1 2012 Manhattan Apartment Sales Map
If you haven’t read about it yet, our interactive apartment sales map is ready to show what parts of Manhattan had the most sales in Q1 2012 and where the priciest sales were located. On the map, the size of the circle indicates the number of sales by building while the color shows the price per square…
The Most Expensive Blocks in Brooklyn
It’s time for our third and final post covering the most expensive blocks in New York City, and this time we analyze Brooklyn. If you haven’t read the first two entries (covering the most expensive blocks in Queens and over NYC as a whole), you can do it here and here. If you look at…
The Most Expensive Blocks in NYC
Continuing the topic of our recent article that covered the most expensive blocks in Queens, it’s time to go city-wide. We could have easily entitled this post “Most Expensive Blocks in Manhattan”, since New York City’s 10 priciest blocks are all located in Manhattan. A quick glance at the Upper East Side dominates the top…
Yardi Launches Corporate Blog
We are happy to announce that Yardi Systems, our parent company, has launched a brand new, amazing-looking blog. Called “The Balance Sheet”, it is “the place to get news and information about all things real estate that matter to you”. In addition, it aims to keep its readers up-to-date with all the latest developments in…
Cherry Hill’s Woodcrest Country Club Scheduled for Auction
The Woodcrest Country Club, located at 300 Evesham Road in the Cherry Hill Township of New Jersey, is scheduled for a foreclosure auction on March 28th, with a lien amount of $11,877,437. The 155-acre property is located just a few short miles away from the city of Philadelphia. According to this 2010 article, the club…
Most Expensive Blocks in Queens, New York
It might have come as a surprise to some people that, according to our latest report, the priciest block in Queens was located in Belle Harbor/Neponsit (see interactive map). The median sale price on the beach front block located between Beach 145 Street and Beach 146 Street was $2.5M. As reported by the New York…
Most Expensive NYC Neighborhoods in 2011
Tribeca and Soho reasserted their status as the top two most expensive neighborhoods in New York City in 2011, our latest analysis reveals (check out our previous analysis for Q3). With yearly median sale prices of $2,245,075 and $2,087,413 respectively, Tribeca and Soho were far ahead of the rest of the pack. The neighborhood that…
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