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]
New York Broker Fees: Legal or Banned?
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. February will certainly be memorable for…
2019 Annual Multifamily Report: NYC Sales Volume Down 41%, Unit Volume Halved
Key Takeaways: Multifamily sales volume dives 41% Y-o-Y across the four boroughs. Manhattan prices accelerate; price per unit up 22% Y-o-Y. Queens loses 60% of its sales volume Y-o-Y after strong 2018. Bronx sales activity down 37%, inking a mere 155 deals. Brooklyn sales volume halved, transactional activity down 32% Y-o-Y. As a blue wave…
2019 Annual Foreclosure Report: NYC Foreclosures Dip 6% Y-o-Y, Manhattan Cases Surge 39%
Key Takeaways: Foreclosure activity increased in just one borough, with Manhattan surging 39%. Y-o-Y NYC foreclosures dipped 6%, while pre-foreclosures slid 7%. Bronx undergoes steepest drop in first-time foreclosures – down 21% Y-o-Y. Queens logs most foreclosures with 1,164 unique cases. Staten Island foreclosures remain relatively flat, yet still 313% above 2014 levels. Brooklyn’s 11236…
Legal Dangers of Misrepresentation by Brokers
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. Selling a home is similar to…
The New York City Ultra-Luxury Residential Report
Key Takeaways: June sales activity surged 185% month-over-month, inking 262 deals above $5 million. H2 2019 recorded lower transactional activity than the single month of June, as the new mansion tax took hold. TriBeCa was the #1 neighborhood for ultra-luxury sales, claiming 14% of all NYC deals. Central Park South was the most expensive neighborhood…
Buyer’s Broker Agreements
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. When looking for the perfect property…
Legal Agreements to Protect Landlords
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. When a landlord looks to make…
Top 50 Most Expensive Zip Codes in New England
Key Takeaways: After releasing our traditional year-end report of the 100 most expensive zip codes in the U.S., we were curious about the 50 priciest New England zip codes in 2019. After all, the region placed seven zip codes among the 100 most expensive in the U.S. – including 02199 in Boston, the #6 most expensive zip code…
Why Landlords Should Consider Continuous Operations Clauses
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. With the holiday season in full…
Brooklyn Property Worth Nearly $3 Million Heads to Auction with $234K Lien
A 5,734-square-foot, two-family brick property located in Borough Park, Brooklyn, is scheduled for auction on December 19, 2019, with a lien of $234,061. The auction will take place at 2:30 p.m. at 360 Adams Street in Brooklyn, New York. The property at 1372 56th Street was purchased by the current owners in January 1988. In…
Top 25 Most Expensive Chicago Area Zip Codes in 2019
Key Takeaways: Kenilworth’s 60043 leads as the only zip with a median greater than $1 million. Chicago’s priciest zip code is The Loop’s 60603 at $570,000. The North Shore is home to six of the 10 most expensive zip codes in the Chicago area. City of Chicago ranks 12 zips among the area’s top 25…
Auction Rescheduled for Two-Family Property in Queens
A 1,536-square-foot, 2.5-story property built in 1930 heads to auction on December 20, 2019, with a lien of less than $550,000. The auction will take place at 10:30 a.m. at 8811 Sutphin Boulevard, Court Room 25 in Queens, New York. The property at 2220 146th Street, Whitestone, Queens, is a single-family house converted to a…
Securing Space in NYC: Security Deposits & Down Payments
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. When looking to rent or purchase…
Two-Family Manhattan Brownstone Up for Auction Again
A 2,816-square-foot, two-family, brick Manhattan building built in 1901 heads to auction on December 11, 2019, for just over $1 million. The auction is set for 2 p.m. at 60 Centre Street, New York City. The property at 310 East 84th Street was purchased by the owner in 1997 for $855,000. The same day, a…
Top 50 Most Expensive Desert States Zip Codes in 2019
Key Takeaways: At $1.76 million, Glenbrook, NV, is the most expensive desert states zip code. Only 3 Nevada and Arizona zip codes feature medians greater than $1 million. Paradise Valley remains home to Arizona’s priciest zip code, up 40% in two years. With 7 each, Phoenix and Scottsdale tie for the highest number of expensive…
$1.2M Pre-War Condo Hits Auction Block with $600K Lien
An 856-square-foot condo in a pre-war, full-service doorman building is headed to auction on December 4, 2019, with a lien of less than $600,000. The auction is scheduled for 2 p.m. at 60 Centre Street, New York City. The property, Unit 7C located at 230 Riverside Drive, was purchased in April 2007 for $890,000. On…
Top Most Expensive U.S. Zip Codes in 2019
While 11 states rank, California claims most expensive zip codes in any city, county or metro with San Francisco, L.A. County and Bay Area.
Miami-Dade Residential Price Evolution 2014-2018: Median Sale Price More Than Doubles in 7 Markets
Key Takeaways: Pinewood leads residential price growth with 138% expansion rate. Highest growth rates recorded in markets with 2014 medians below $80,000. Fontainebleau sales activity soars with 210% appreciation. Miami median sale price gains 30% in five years, hits $334,000. At $2.4M, Golden Beach is most expensive Miami-Dade market. One of the most vibrant cities…
Are NYC Pieds-a-Terre Facing Additional Taxation?
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. New York City is always looking…
Bay Area Price Evolution 2014-2018: Bethel Island Median Up 117%, but Peninsula Still Absolute Price Leader
Key Takeaways: Median sale price up 40%+ in one-third of Bay Area markets. Bethel Island median leads with 117% expansion. 43 Bay Area municipalities post medians of at least $1 million. Penngrove leads sales activity growth, expanding 88%. At $6.7 million, Atherton is the most expensive Bay Area market. One of the most exclusive real…