PropertyShark Staff
Foreclosure Auction Averted in Top Fifth Avenue Building
Only few days ago the reported foreclosure of a Park Avenue apartment owned by embattled developer Kent Swig made headlines all over the New York media. It was the fact that foreclosures are happening in Manhattan’s most desirable buildings that shocked many.
Q2 2011 Manhattan Apartment Sales Map
It’s the time again for our quarterly sales map displaying closed apartment sales in Manhattan in Q2 2011. As you may already know the map is interactive.
Top 10 New Condo Developments in New York City by Gross Income
Therefore we decided to create a top 10 of New York’s largest new developments by their gross income. We started analyzing residential sales in new condo developments that closed starting January 2005.
PropertyShark Networking Event in Manhattan
The latest PropertyShark.com real estate networking party was on June 28th at LQ in Manhattan. Over 400 real estate professionals and investors joined this event to make new connections, build referrals and find new business opportunities. We hope that a great time was had by all and that everyone has made some new contacts. We…
Top 10 New York City Homes by their Market Value
We have put together a list of the most valuable properties in New York City as determined by the City assessors. The homes’ market values are calculated for tax purposes.
Upcoming Real Estate Networking Party in Manhattan
Join over 500 investors and real estate professionals at the next PropertyShark networking event at LQ in Manhattan on June 28th.
Sloane Mansion Bought by Billionaire at Auction
18 East 68th Street New York
18 East 68th Street New York | The Sloane Mansion
The now notorious 18 East 68th Street (aka Sloane Mansion) was bought yesterday at auction by an Ukrainian-born billionaire, reports the Wall Street Journal.
Another Brooklyn House of Worship Goes Residential
541 Leonard Street in Greenpoint, Brooklyn is about to become one of the many houses of worship in the borough that have been converted to residential use in the past few years.
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 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…
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…