Eliza Theiss

Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at [email protected]

Top 50 Most Expensive NYC Neighborhoods Q1 2025: Prices Rise in 32 Neighborhoods, Little Italy Grabs #2 With $4.6M

By Eliza Theiss | Apr 24, 2025

NYC’s strong +10% Y-o-Y start was also reflected among the city’s 50 most expensive neighborhoods, most of which saw both prices and sales rise.

New York Metro Foreclosure Report: Q1 2025 Marks Slowest Quarter in 5 Years for Metro While Manhattan Activity Reaches 8-Year High

By Eliza Theiss | Apr 10, 2025

Manhattan hits 8-year high, but metro foreclosures drop fueled by the slowdowns of its most active markets: Queens, Suffolk, Nassau & Brooklyn.

Top 10 NYC Property Taxes: When Annual Bills Surpass the Cost of an Entire Home

By Eliza Theiss | Apr 3, 2025

See which NYC homes had the largest property tax bills this tax season and discover who owns the city’s most exclusive mansions and condos.

illustrating comps

What Are Real Estate Comparables

By Eliza Theiss | Mar 14, 2025

Used to determine a property’s current market value, comps are an essential part of successful real estate transactions.

Aerial view of typical East Coast USA newly constructed suburban homes

Median Year Built on the Rise as New Construction Reshapes U.S. Housing Stock

By Eliza Theiss | Mar 6, 2025

The typical American home was built in 1980, four years later than a decade ago, as housing stocks in some cities leap forward by 20+ years.

NYC skyline Financial District

Extreme Sale! NYC Office Buildings Traded With Discounts as High As $400M+ in 2024

By Eliza Theiss | Feb 3, 2025

See which NYC office buildings sold with the largest losses compared to their acquisition price, as the U.S. office sector continues to struggle.

View of Long Island, NY

New York Metro 2024 Foreclosure Report: Annual Foreclosures Down 14% in 2024, Cooled by New Jersey Deceleration

By Eliza Theiss | Jan 20, 2025

Although NYC foreclosures declined at a slower 9% pace than the metro overall, New Jersey markets pulled metro-wide figures down, dropping 20% Y-o-Y.

2024 Real Estate Law & Market Recap feature image

2024 Real Estate Law & Market Recap

By Eliza Theiss | Dec 17, 2024

Discover some of the key events of the 2024 NYC real estate industry, from the City of Yes approval and introduction of TODD to the challenging housing market.

NYC skyline seen from modern empty office

Meeting Rooms to Living Rooms: How Feasible Are Office-to-Residential Conversions in NYC?

By Eliza Theiss | Dec 11, 2024

Central Midtown, the Garment District and NoMad dominate NYC’s office conversion landscape, holding 30M of the city’s 85M sq. ft. of prime convertible office space.

CFI Conversion Feasibility Index on PropertyShark illustrative image

Looking Into Office Conversions? Get Instant Insights with the Conversion Feasibility Index on PropertyShark

By Eliza Theiss | Nov 12, 2024

See the conversion potential of NYC office buildings with the proprietary Conversion Feasibility Index and make data-driven investment decisions.

broker and clients reviewing contract

Effects of the Recent National Association of Realtors Ruling

By Eliza Theiss | Oct 29, 2024

What can buyers, sellers and members of REBNY expect from the recent ruling involving the NAR and real estate commissions.

SoHo intersection

Top 50 Most Expensive NYC Neighborhoods Q3 2024: With Hudson Yards Absent, SoHo Takes Top Spot for 1st Time in 8 Years

By Eliza Theiss | Oct 25, 2024

Last leading NYC’s most expensive neighborhoods in 2016, SoHo claimed the top spot with a $4.25M median sale price, while Hudson Yards had only 4 sales.

Brooklyn aerial view

2024 Q3 Foreclosure Report: NYC Caseload Drops for Third Consecutive Quarter, Marks Least Active Period Since Q4 2022

By Eliza Theiss | Oct 18, 2024

Driven by significant slowdowns in Queens and Brooklyn, NYC foreclosures reach lowest levels in seven quarters.

View of Newport Beach

Top 100 Most Expensive U.S. Zip Codes: Nearly 70% of Luxury Markets Rebound in 2024

By Eliza Theiss | Oct 10, 2024

Reversing last year’s depreciating trends, nearly 7 in 10 of the most exclusive zips logged price increases in 2024.

condo model being discussed by real estate professionals

Filing an Offering Plan for A Condominium In New York

By Eliza Theiss | Sep 17, 2024

From initial considerations to regulatory approval, what does filing a condominium offering plan require?

Metro New York map

Looking for the Lowest Home Prices in the NY Metro? Here’s Where to Find Them, Starting at $143/Sq. Ft.

By Eliza Theiss | Sep 11, 2024

See the 13 communities within half an hour of NYC where homes sell for less than the metro median and where you can find the largest homes for the pest prices.

Someone overlooking the cityscape with Manhattan in foreground

Buying NYC Then & Now: Tracking Out-of-State & Local Buyers in 2024 vs. 2014

By Eliza Theiss | Aug 13, 2024

Increasingly over the past 10 years, out-of-state buyers are investing in NYC real estate, as are residents from counties surrounding NYC.

image with wooden key that says inherited property

Transfer on Death Deeds: State Amends New York Real Property Law

By Eliza Theiss | Jul 18, 2024

The state budget bill has recently introduced a new tool to the state’s property laws to simplify the process of inheritance.

NYC view with Chinatown in the front and Manhattan skyline behind

Top 50 Most Expensive NYC Neighborhoods Q2 2024: Fieldston Lands Bronx Among City’s Most Expensive Neighborhoods for 2nd Time, Chinatown Back in Top 10 After 2 Years

By Eliza Theiss | Jul 11, 2024

City-level trends may have been muted, but significant shifts occurred among its exclusive neighborhood.

Queens with NYC skyline in the back

Q2 2024 Foreclosure Report: Queens & Brooklyn Claim 70% of City’s Caseload

By Eliza Theiss | Jul 3, 2024

NYC foreclosures remained flat in Q2, up just 1% Y-o-Y, with Queens accounting for 44% of all cases, while the Bronx had just 33 cases.