PropertyShark Staff
When Good Guy Guaranties Go Bad: What New York’s Highest Court Just Clarified
When does the liability cease in good guy guaranties? Is it the moment the space is vacated? Or is acceptance by the landlord required? A new Court of Appeals decision clarifies.
Top 50 Most Expensive NYC Neighborhoods in 2024: Hudson Yards Hits Record Annual Median Sale Price at $7M+
Prices rose across most of NYC’ 50 most expensive neighborhoods in 2024, topped by Hudson Yards for the sixth consecutive year.
Best Spots to Work Remotely in Brooklyn
Brooklyn is home to a thriving remote work scene with a diverse array of cafés and coworking spaces that cater to different styles and needs. Whether you’re a freelancer, entrepreneur or remote employee, finding the perfect spot to work can make all the difference. From artisanal coffee shops to vibrant coworking hubs, here are some…
5 Ways Building Owners Can Go Green in NYC
5 cost-effective ways for New York City building owners and boards to progress towards the milestones required by Local Law 97.
WeWork Workplace: The End-to-End Platform for Space Management & Employee Experience
Yardi and WeWork create end-to-end workplace management and employee experience software for office occupiers shifting towards flexible work.
Rent vs. Buy: Advantages of Buying a Home for Families
Finding reasonably priced housing is an important task for families with children and has a significant influence on where you choose to live.
What The “Consolidated Appropriations Act – 2021” (CAA) Has In Store For Landlords & Tenants
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. 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. At the end of…
New US Home Sizes: Single-Family Homes Gain A Bedroom While Apartments Lose One
New single-family homes offer more space than before, as apartments continue to shrink in the country’s 20 largest cities.
Best 360° Virtual Tour Software Options for Real Estate in 2020
Real estate professionals are often having difficulty closing deals as the industry faces significant challenges due to the COVID-19 pandemic. However, when social distancing went into effect — and even showing houses in person was prohibited in some states — virtual tours emerged as a viable way to address this issue. And, while the physical…
Migration Triggers Increased Activity in Miami Apartment Construction
A new study recently released by self-storage marketplace STORAGECafé ranks the country’s top 10 cities in terms of inbound migration. The Miami-Fort Lauderdale-West Palm Beach metro area ranks seventh nationally in terms on inbound migration, with almost 239,000 newcomers in 2017, as per the latest US Census data. During the same interval, the metro area…
National Average Rent Decreased in December, Starts New Year at $1,474
Renters are less likely to look for new apartments during the colder months and before the holidays. As such, the cold season usually brings a slowdown in rent growth. Accordingly, the U.S. average rent declined in two consecutive months at the end of 2019, dipping to $1,474. Specifically, rates went down by 0.1% in both…
New York: The Most Popular Place to Live for Baby Boomers
While the suburbs are usually known for their family-friendly environment, they are not the preferred living option for Baby Boomers. In fact, according to a study by RENTCafé, New York challenges sunny locations for the title of the most popular place to live for Baby Boomers. Reviewing the zip codes with the largest Baby Boomer…
Four California Cities Have Some of the Highest Shares of Renters Over 60 in the Top 30 Largest U.S. Cities
While many seniors still choose to own a home rather than rent it, there are still some who find renting the more comfortable option. A study by RENTCafé shows that renter households over 60 have increased considerably between 2007 and 2017, outpacing owner households and rising faster than other age groups. Specifically, among the top…
Top 5 US Cities for Self-Storage Facility Construction Right Now
The self-storage industry has been experiencing declining street rates in recent times, but there remains an enthusiasm for building storage facilities. With investors still seeing the industry as a good and stable option, it is therefore not surprising that in some parts of the country there are many self-storage projects in the pipeline, either in the construction or the planning…
New York Apartment Construction Drops for the Second Year in a Row
Key Takeaways: New apartment deliveries down 8% Y-O-Y nationally; New NYC apartment deliveries down 33% Y-O-Y; Bushwick home to 8% of new apartment supply in NYC; 2019 marks the second year in a row in which apartment construction declines in New York metro. After 2018 saw the number of projected new apartments fall from…
Manhattan Office Report Q2 2019: Sales Drop 26% Y-o-Y, Trophy Office Rents Ask $94/Sq. Ft
Key Takeaways: Q2 office sales stop short of $2 billion; prices rest at $556 per square foot on average Class A+ asking rents increase 4% quarter-over-quarter; now average $94 per square foot NYC remains coworking capital of the U.S., with more than 16 million square feet of non-traditional office space Google makes largest Q2 office…
Expert Interview with Julie Leonhardt LaTorre, COO of Sotheby’s International Realty: Trust Your Instincts & Intuition
For our latest expert interview, we had the privilege to talk with Julie Leonhardt LaTorre, COO of Sotheby’s International Realty Affiliates LLC. With an impressive and diverse professional background, Julie has both the experience and the knowledge needed to discuss best practices in the luxury real estate industry. We asked Julie to share with us…
10 of the Best Budget-Friendly CRM Tools for Small Businesses in 2019
There are so many things to consider when you’re just getting started with your business that it becomes really difficult to manage the newly formed customer relationships. The good news is that there are plenty of companies that can help in this regard, providing a wide variety of customer relationship management (CRM) tools. We’ve tracked…
Check Out 10 of the Best Coworking Spaces in Brooklyn – 2019 Update
Whether you’re a freelancer, an artist, a lawyer, or an entrepreneur ready to start your own business, coworking hubs provide easy access to professional networks, easy-to-lease office spaces, or just a great community to share your morning coffee with. Luckily, Brooklyn, NY has plenty of such work spaces – it’s all a matter of preference. To…
Philip White, President and CEO of Sotheby’s International Realty: Be Authentic, Personable, and Available to the Luxury Buyer
Earlier this year we spoke with Kevin Thompson, chief marketing officer for Sotheby’s International Realty Affiliates LLC. For our most recent expert interview, we had the pleasure to talk with another very prominent figure in the luxury real estate industry: Philip White, president and chief executive officer for Sotheby’s International Realty. Philip has played an…