Roxana Baiceanu
Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes’ blog pages. She also has 5 years of experience as a marketing copywriter.
Top 20 Most Expensive NYC Office Sales in 2015
In 2015, several of the trophy buildings in Financial District and Central Midtown in Manhattan found new owners among the big buyers of office space in NYC and we mined our data for the top 20 most expensive office building sales: 1. 730-734 5 Avenue, Manhattan Sale price: $1,775,000,000 This was a truly stellar deal in…
Top 20 Most Expensive NYC Retail Sales in 2015
The NYC retail market has seen not only rents climbing in 2015, but also some strong deals being closed, most of them in Manhattan but several of them in Queens and the Bronx as well. 1. 144 W 34 Street, Manhattan Sale Price: $355,000,000 Located in Chelsea, this store building was previously sold in 2014…
Park Slope Real Estate Market Broke Home Price Record in 2015. Luxury Market Was Booming
Park Slope Residential Market Highlights (2015) The median home sale price continued to climb in 2015 to a record value of $930,000, up by 10% from 2014; The number of sales was at its second-lowest in the last decade: 478 sales; The luxury market in Park Slope was booming, with 91 properties over $1.5 million changing…
Williamsburg Breaks New Home Price Record in 2015, but Occupies Bottom Position in the Top 10 List of Most Expensive Brooklyn Neighborhoods
The crowned king of Brooklyn gentrification, Williamsburg occupies only the 9th spot on Brooklyn’s top 10 star neighborhood list. This is despite the fact that the Williamsburg real estate market registered its highest median home sale price ever: $900,600. A New Record for Williamsburg’s Median Home Sale Price: $900,600 With only 499 residential sales* closed in 2015 — the second lowest number of sales…
Home Prices and Luxury Sales in Brooklyn at New Peaks in 2015
Brooklyn 2015 real estate market report highlights: Brooklyn median home sale price hit an all time high in 2015, reaching $560,000. The luxury market registered a record number of sales in 2015: 570 (up by 16% year-over-year) DUMBO was the most expensive neighborhood in Brooklyn: median home sale price: $1.4M Prospect Lefferts Gardens registered the biggest home…
Median Home Prices in 3 NYC Neighborhoods Jumped Over $3 Million in 2015
New York City may be revered as the real estate mecca of our planet, but where you live in the Big Apple still makes a big difference. If you’d like to call home one of the trendiest NYC neighborhoods and join the celebrities, be prepared to pay more than $3 million for an “average home.” For the first…
Top 10 List of Million-Dollar Manhattan Homes Bought at the Auction
Before the economic collapse, it was only now and then that you heard about luxury homes being sold at a bargain as a result of the owners’ incapacity for making their payments. The situation changed radically after recession hit, with news about beautiful pieces of real estate turning into damsels-in-distress becoming more and more common across the US….
Zoom In: NYC Retail Space Vacancy
The NYC retail market, challenged worldwide only by the Hong Kong market, has always done fabulously due to ever-increasing interest from big retailers around the world. But in the past years, the biggest retail corridors have been seeing explosive rents, as if trying to mirror the ascending trend in home prices. As such, nobody had been particularly surprised to see store and office…
NYC Commercial Real Estate: October’s Biggest Sales
How did the NYC commercial real estate segment do in October? Our top 10 list of the most expensive commercial sales reveals which were the latest important transactions in the Big Apple; most of the names referring to Manhattan office, retail and loft deals. Not all, though, as there’s also a building in the Bronx claiming one of the spotlights. Take…
10 Fabulous Homes for Rent in San Francisco Right Now
2015 has been a landmark year for the San Francisco real estate market. The housing shortage and the influx of tech workers have encouraged the median home price to jump over the $1 million threshold and reach an all-time-high of $1.18 million in Q2. And things are not too much different in the rental market. Vacancy rates are quite low, which may…
Zoom In: Which NYC Borough Has Seen the Most Crimes in the Last Month?
Whether you’re planning to buy a house or invest in one, you’re probably ready to put in as much time in doing research on the property as you are in learning about the area. To help you decide if it’s safe enough to build or buy in a certain area, we’re inviting you to check out our monthly-updated Crime Map, which tracks…
Queens Sees All-Time-High in Luxury Sales
Manhattan – Brooklyn – Queens. The search for affordability has been forcing many NYC home buyers to follow this path in order to find a home. As prices are sky rocketing in Manhattan and more than half of Brooklyn, Queens is now stepping into the limelight as the most desirable borough where one can still find an affordable…
11 Now-and-Then Images Show a Transformed NYC: The Queens and Bronx Edition
If Manhattan and Brooklyn have always been the talk of the town in terms of real estate development, it’s time for Queens and the Bronx to step into the limelight. Backed up by strong demand and low vacancies, construction activity has been picking up in less hyped areas of New York City, with major new…
Zoom In: Brooklyn’s Condo and Co-Op Sales Activity in Q3, 2015
In Q3, 2015, Brooklyn continued to be a seller’s market. Buyer demand outpaced inventory despite the fact that median home sale prices in more than half of Brooklyn neighborhoods are skyrocketing, with the luxury segment in particular thriving. According to the Corcoran report, last quarter registered 1,271 co-op and condo sales, a 7% decrease compared to Q2, 2015. The…
A Decade of Home Price Changes in NYC Reveals a Very Divided City
Everywhere we turn these days, the real estate headlines seem to announce the same thing: “Average home prices in Manhattan hit a new record.” Then a new one. And it’s not just in Manhattan that home prices have been sky-rocketing month after month. In parts of Brooklyn and Queens average home price tags are boasting staggering numbers, as…
Agent-Branded Reports for the NYC Commercial Real Estate Market May Be Your Next Best Thing
How are you keeping up with the latest trends in the NYC market? If you use market reports for your own research, for your marketing or for client presentations, the following piece of news will be music to your ears: we’re planning to develop a new tool which will help you generate agent-branded reports for the NYC commercial real estate market,…
Zoom In: Manhattan’s Condo and Co-op Sales Activity in Q3, 2015
Manhattan has just ended “one of the strongest summer selling seasons in the last five years” states the Corcoran real estate market report for Q3. The total number of Manhattan condo and co-op sales was up by 3% compared with 2014. There were 4,082 units sold at a median price of $999K, a 10-year-high price and a 5%…
Zoom In: Which NYC Areas Have Unused Development Rights?
For NYC developers, the air in the Big Apple may soon become almost as valuable as the land. With land prices going up and not too much space to build horizontally, the right to build vertically has gotten a lot of attention lately and will continue to do so especially if the law governing the transferable development…
We’ve Just Launched Our App!
Mobile users of PropertyShark, we’re excited to let you know that our real estate app for Apple and Android is out and ready for you to download it! With our mobile visits now accounting for almost half of the total website traffic, we know many of you have been asking for an app that would give you faster…
Infographic: The Hottest Real Estate Markets Right Now
While most real estate markets across the country are slowly progressing along the road to recovery, others are already reaching peaks seen only before the onset of the financial crisis. Or have even exceeded those, registering all-time-high values. This is the case of the San Francisco real estate market, the hottest residential market at the moment, where Manhattan home…