Highly Interesting Foreclosure Auctions Scheduled for Tomorrow at New York County Courthouse
The most expensive New York City residence ever that reached the final stage of the foreclosure process is scheduled for auction tomorrow. The property, located at 18 East 68th Street, is also known as the Sloane Mansion. It was named after Henry T. Sloane, a wealthy carpet manufacturer. The lien amount is $28,214,059.
Top Three NYC Houses Sold in May
Here are the top 3 single- and two-family homes in New York City sold in May 2011. You can click on the photos for more details on the properties. 450 Avenue S 450 Avenue S The priciest house sold in May is located at 450 Avenue S in Gravesend, Brooklyn. This single-family home has 2,914…
Apartment Sales Sluggish, But Prices Slightly Up
With 938 transactions in April 2011, Manhattan sales volume saw a 19% drop from April 2010.
Top Three NYC Houses Sold in April
Here are the top 3 single- and two-family homes in New York City sold in April 2011. You can click on the photos for more details on the properties. 38 Grove Street 38 Grove Street In first place is a 5,995 sqft house at 38 Grove Street in West Village . The house was previously…
NYC Commercial Transactions Increase in Q1 2011
The number of commercial transactions increased by 8% in NYC in Q1 2011 over Q4 2010 and rose by 28% compared to Q1 2010. With 251 commercial deals, Brooklyn accounted for 40% of the total transaction volume while Manhattan (194) compiled 31%. Browse current commercial spaces in New York City.
Q1 2011 Brooklyn Apartment Sales Map
The Corcoran Group recently released their quarterly market report covering closed apartment sales (condos and coops) in Brooklyn for Q1 2011. PropertyShark has put together an interactive map showing the sales that closed and were recorded in the first quarter of 2011. The size of the circle indicates the number of sales in the building…
10 biggest commercial NYC transactions in Q1 2011
PropertyShark has put together a list of the top 10 closed commercial property sales that happened in New York City in the first quarter of 2011. Here are the top three. 666 5th Avenue The priciest commercial transaction in Q1 2011 involved the retail condominium located at 666 Fifth Avenue that sold in March for…
NYC Top 10 Residential deals closed in Q1 2011
A study by PropertyShark has revealed the top 10 closed residential property sales that happened in New York City in the first quarter of 2011. Here are the top three. 768 5th Avenue The priciest residential transaction in Q1 2011 involved the 6,000 sqft condo at The Plaza, that sold in March for $48 million….
Q1 2011 Manhattan Apartment Sales Map
PropertyShark has put together an interactive map, displaying closed apartment sales in Manhattan in Q4 2010.
44-Unit Apartment Building in Inwood, Manhattan Scheduled for Auction
A 44-unit apartment building located at 509 West 212th Street in Inwood, Manhattan is scheduled for auction on April 6th 2011. The lien amount is $5,288,753. The property seems to be owned by Milbank Real Estate, a California-based company that defaulted last year on a $35 million loan used to finance a portfolio of 10…
CEO Buys Most Expensive Apartment Ever in Park Avenue Building
The closing of apartment 6A at 1100 Park Avenue for $8.05 million marked the highest price ever paid for an apartment in the 18-story pre-war coop building. The buyers are Gail Pisano and Joseph Gromek, the latter identified by Bloomberg as the CEO of Warnaco Group Inc., the apparel company. According to the listing description…
7-Story Property in Midtown together with 5 Units in a Harlem Condo Conversion Re-scheduled for Auction
A 7-story property in Midtown on West 26th Street which seems to share a lien with five units in a Harlem condo conversion with an address at 206 East 124th Street have been re-scheduled for auction on April 13th. The lien amount is $5,137,598. The auction notes do not clearly state which units in the…
NYC Top 10 Commercial Deals in February 2011
The priciest commercial transaction in February 2011 involved the office building located at 600 5th Ave, which sold for $165,000,000.
Super Fast-Closing Deals in Manhattan Luxury Apartment Market
Luxury apartments that are selling in less than 20 days after being listed are anything but the norm in the Manhattan market of the last few years. Actually, according to the latest market report by Miller Samuel, the average number of days on the market for an apartment in Manhattan was 125 days in Q4…
Foreclosure Proceedings Started Against City Place Site in San Francisco
Notices of default, which signal the start of foreclosure proceedings, have recently been filed against 5 parcels on Market Street in San Francisco between 5th and 6th streets. A 6th property located in the area, on Mission Street, has been hit with a notice of default as well. Three of the parcels hit with a…
2011 Oscar Nominees Homes In The Los Angeles Hills
We created a map pointing out the location of the homes of some of the 2011 Oscar nominees Los Angeles. (Specific address not included) One of them is Mark Wahlberg, who allegedly bought a 6 acre vacant lot in Beverly Hills zip code 90210 in 2009 for which he paid $8.2 million. Another resident of…
Proposed Ultra-Luxury Conversion in SoHo Scheduled for Auction
As first reported by Forbes, the proposed luxury residential conversion at 476 Broome Street (aka 62 Wooster Street) in SoHo is scheduled for auction on March 17th. It has a lien amount of $32,309,343. According to the developer’s website, the luxury conversion would have had 2 penthouses, a total of 5 residential units, roof-top swimming…
Walnut Hill Group Buys Midtown Hotel for $43.8 Million
Our records show that Walnut Hill Group, the California-based real estate investment group, has acquired the Holiday Inn Express at 15 West 45th Street for $43,865,680. This seems* to be the first property purchased by the Walnut Group in New York. Magna Hospitality Group was the seller in this transaction. Magna Hospitality Group bought the…
Most expensive multifamily buildings sold in 2010 in NYC
We created an interactive map showing the most expensive multifamily buildings sold in Manhattan, Brooklyn and Queens. Click on the map to get more details on the properties. In Manhattan the top three transactions involved the rental buildings sold by Harry Macklowe. The first involves the Rivertower at 420 East 54 Street in East Midtown,…
Hilton Club at 1335 Avenue of the Americas Plagued by Foreclosures
Timeshare foreclosures usually go by almost unnoticed, as their complicated ownership structure can make them less desirable for real estate investors. However, the stunningly high occurrence of scheduled timeshare foreclosure auctions at 1335 Avenue of the Americas caught our attention. Hilton Club is the name under which Hilton Hotels started to sell timeshares on two…
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