Water Mill estate enters price chop round four – now $5M cheaper
The Water Mill estate of former Doubleday publishing chief John T Sargent had its price reduced again earlier this month, this time by $5M. Originally listed at $40M in 2010, the property suffered a previous $12M price chop in February 2011 and is currently on the market for $19.995 million. According to Corcoran, this stunning property at…
Development Site in Hyde Park, NY Scheduled for Auction
A 339 acre development site on Route 9 in Hyde Park, located just across from the Culinary Institute of America, is scheduled for auction October 20th.
Princeton Park Corporate Center Scheduled for Auction
Pricenton Park Corporate Center, a 178,000 square foot office building in Middlesex County, New Jersey, is scheduled for auction on October 12th.
Old Westbury, Kings Point Nassau County’s Most Expensive Zip Codes
11568 (Old Westbury), 11024 (Kings Point) and 11765 (Mill Neck) were the three most expensive zip codes in Nassau County in the first half of 2011
Permits Filed For A 45-Unit Residential Development in Clinton and 255 Bowery
A building permit was recently filed to convert a garage in Clinton, between 10th and 11th Avenues, to a 30,000 square foot residential development. According to the permit file, which lists Emmut Properties Corp. as the property owner, the new structure will be 7-stories high and will accommodate 45 apartments.
Mapping Inclusionary Housing Areas in NYC
Inclusionary housing areas are designated by the City of New York and promote economic integration by giving out incentives to residential developers in the form of a floor area bonus.
Nassau County’s Most Expensive Foreclosure – A Historic 18th-Century Manor
109 Post Road, a historic manor in Old Westbury built in 1776, has been scheduled for auction on October 11th, having a lien amount of $2,225,611.
The Real Deal Celebrates Its 100th Anniversary Issue
One of the best real estate magazines in the country, the Real Deal has recently published its September issue – the 100th –
Home Sales in the Bronx at 5-year Lows; City Island the Borough’s Most Expensive Neighborhood
The number of home sales in the Bronx in the first half of the year was the lowest since 2005. Only 667 homes changed hands in the first two quarters of 2011
“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.
Brooklyn Luxury Real Estate Market at Three-Year High
More good news has come out about Brooklyn’s real estate market after two of its neighborhoods ranked among New York City’s most expensive neighborhoods and the borough posted the lowest rate of lis pendens ending up at auction. PropertyShark analyzed the activity in Brooklyn’s luxury market (residential sales of $1 million and above) and the…
Condo Financing in NYC – Not Much Changed On the Top End
A brief look at the largest residential mortgages handed out in 2011, as compared to a similar list compiled for the pre-crisis period, leaves one with the impression that today financing is as widely available for condo owners and buyers as it was several years ago. That is at least for buyers of high-end condo apartments in Manhattan.
Brooklyn’s Dumbo makes it in the top 5 most expensive NYC neighborhoods
We’re all pretty much familiar with Forbes’ annual list of the most expensive zip codes in the U.S. which last year ranked West Village’s 10014 as New York City’s most expensive zip code. But how do the rankings change if we analyze entire neighborhoods and move away from the strict zip code boundaries? Not so…
What Will Buy You a Home on Brooklyn’s Greenest Blocks?
The Brooklyn Botanical Garden has just announced the winners of its 17th annual Brooklyn’s Greenest Block contest. The winner of this year’s contest in the residential category is the East 25th Street block between Clarendon Road and Avenue D. The block’s housing stock consists mainly of single- and two-family brownstones built around 1900, and according…
Foreclosure Process Length Doubles in NYC; Brooklyn Sees Lowest Rate of Properties in Lis Pendens Ending Up at Auction
The length of the foreclosure process has doubled in New York City over the past three or four years, an in-house study made by our data analysts showed. The average number of months it took for a delinquent mortgage to reach the final stage of the foreclosure process, that is to be scheduled for auction,…
Top Five Priciest NYC Homes Sold in Q2 2011
To follow the Manhattan Apartment Sales Map, we wanted to see which were the biggest NYC residential sales that closed during Q2 2011. Unsurprisingly, they are all located in Manhattan. 15 Central Park West #27A The priciest recorded sale was for the condo at 15 Central Park West sold for $24.5M. The listing spent around…
PropertyShark Expands Its Coverage
PropertyShark expands its coverage in 12 new counties from 6 states. These counties are:
•   Illinois: Stephenson County;
•   Maryland: Carroll County;
•   Ohio: Athens County and Richland County;
•   Pennsylvania: Bucks Count…
Q2 2011 Brooklyn Apartment Sales Map
Check out our new interactive map showing closed apartment sales in Brooklyn that took place in the second quarter of 2011. On the map, the size of the circle indicates the number of sales in the building and the color indicates the price per square foot. For more details about the sold units in the…
Coop foreclosures in New York City reach a two-year peak in May 2011
In May 2011 the number of coop units scheduled for auction In New York City reached its highest value in 2 years.
PropertyShark.com, the premier real estate research site, released its monthly report covering first-time residential New York City forecl…
New York City Foreclosures Down 12% from March 2011; Brooklyn Foreclosures Decreased by 54% While Manhattan Foreclosures Increased 4%
The number of new scheduled NYC foreclosure auctions was down 65% in April 2011 compared to April 2010, and was down 12% from March 2011.
PropertyShark.com, the premier real estate research site, released its monthly report covering first-time resident…
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