IBM Triples Office Presence in New York City’s Union Square
IBM is set to triple its Union Square presence by expanding its footprint at 19 Union Square West, in the Flatiron District neighborhood of New York. The tech giant has recently signed a 27,699-square-foot lease for three floors of the building—floors 9 through 11. According to The New York Post, the asking rent was $80…
This LIC Waterfront Penthouse Embodies High-Class Living in Queens
Queens’ Long Island City has come a long way from its industrial days. Now, the neighborhood’s skyline is packed with high-rises and cranes, and the ongoing residential growth is nowhere near its end. Development stretches far beyond just the banks of East River; however, the waterfront is still the cream of the crop in LIC,…
Discover the Most Exclusive Penthouse in Midtown West
Perched atop the luxurious Manhattan View at MiMa tower, Penthouse 3C is one of the most desirable properties available in Midtown West. The 4-bed residence offers sweeping views of the Empire State Building, One World Trade Center, Hudson River, Hudson Bay and far beyond, making this luxurious unit the perfect residence for business travelers looking…
REDinNYC and PropertyShark Kick Off Spring 2018 With 1,000+ Attendee Networking Mixer
We recently partnered with REDinNYC and managed to pull off a record-breaking event on the 1st of March in New York City, with an attendance of more than 1,000 real estate professionals. The goal of the event was to bring together people in the industry and establish connections, as well as support and promote businesses….
Take a Glance at What Living in a Condo above Madison Square Park Looks Like
Packed with history and culture, the Flatiron District ranks as the 4th most expensive neighborhood in New York City, with a median sale price of $2.3 million. A sole corner apartment with breathtaking views of Manhattan is currently up for grabs in the area, at the elusive One Madison tower. Bringing intimacy to urban living, the…
Go Inside the TriBeCa Penthouse Redefining Indoor-Outdoor Living in Manhattan
Once the haunt of artists, TriBeCa now reigns as the most expensive neighborhood in New York City, home to A-list athletes, music moguls and some of Hollywood’s hottest celebrities. With a median sale price of $4.68 million, TriBeCa has no shortage of upscale homes fit for the most discerning of buyers. This 3-bed penthouse apartment…
Top 10 Best-Selling Buildings in NYC 2017 – Queens Takes the Lead with Flushing Condos
2017 was a great year for the developers of the hottest residential projects in New York City. 7 of the 10 hottest selling projects posted triple-digit sales figures, with the city’s #1 best-selling building closing 463 sales last year. By comparison 2016’s hottest-selling property closed 145 deals. Overall Queens and Brooklyn claimed the top three…
2018 Market Predictions Survey: East NY Stays Hottest Neighborhood
What better way to start off 2018 than with a fresh set of real estate market predictions? Read on for insights on NYC’s real estate market, coming directly from the real estate pros that took our survey. Key highlights East NY and Bushwick unbeatable as NYC’s hottest neighborhoods; the Bronx enters the ranking with Mott…
Top Most Expensive US Zip Codes in 2017
Ranking the priciest zip codes in the US based on closed home sales It’s December which means it’s time for our annual report on the 100 most expensive zip codes in the United States. We consider our report to be the most accurate benchmark of the country’s most exclusive areas as we are the only…
TriBeCa and SoHo Remain Most Expensive Neighborhoods in New York City
Key Takeaways: TriBeCa reigns as the #1 most expensive neighborhood in NYC with $4.68M median sale price Boerum Hill pushes into top 10 with 54% price growth Brooklyn’s Fort Greene registers highest median price growth at 95% DUMBO remains Brooklyn’s priciest neighborhood at #6 in our top 50 The Upper East Side was the most…
East Coast vs West Coast: Which Sells More Million-Dollar Homes?
Besides the East Coast vs West Coast hip-hop rivalry of the 90s, the two coasts have long been subject to comparisons and cultural differences. When it comes to housing, they do have unaffordability and sky-high prices in common, as most of the nation’s priciest markets are located along the coasts. In many places around the…
Manhattan Office Sales Drop below $1B in Q3
Key Takeaways: Q3 closes with sales below $1 billion for the first time in 5 years Average prices rest below $1,000 per square foot 375 Hudson Street trades for $465M in largest deal of the quarter Roughly 3MSF of office space scheduled for delivery during Q4 Office Sales Volume Drops 67% Y-o-Y According to the…
Vancouver Real Estate More Unaffordable Than Manhattan, Study Finds
According to an analysis recently released by our sister website Point2 Homes, Vancouver is the most unaffordable market in North America, even more so than Manhattan. The study measured affordability in the 50 most populous cities in Canada, the United States and Mexico by dividing the median home sale price by the yearly median household…
Brooklyn Residents, Developers Brace for L-Train Shutdown
The news of the L-train shutdown caused strong reactions among Brooklyn residents, but not only them. Brokers, developers, landlords and business owners alike are worried about what the shutdown will mean for their businesses. So far, it looks like everyone needs to stay on top of the situation if they want to get through those…
SkyView Parc is the #1 Best-Selling Building in NYC for Q3 2017
In our recent ranking of the priciest neighborhoods in New York City in Q3 2017, Manhattan had a total of 24 neighborhoods in the top 50, of which 8 were also in the top 10. At the same time, Brooklyn performed admirably, with 21 of the 50 spots on our list, and claiming the remaining two…
Flatiron Ranks #1 among the Priciest Neighborhoods in NYC
Key Takeaways: The Flatiron District is the most expensive neighborhood in NYC in Q3 TriBeCa occupies the second spot, with sales activity dropping considerably The exclusive Central Park South rounds out the top 3, with a median sale price of $3.4M Red Hook is Brooklyn’s most expensive neighborhood in Q3, overthrowing DUMBO In its most recent…
Greystone Secures $21M Refi for Brooklyn Multifamily Portfolio
Greystone recently provided $21 million in refinancing for an eight-property multifamily portfolio in Brooklyn. Anthony Cristi of Greystone’s New York office is the one who originated the Freddie Mac loan for the refinanced properties. According to portfolio owner Steve Lubin, Greystone was the preferred choice when it came to the refinancing process and getting all…
NYC Takes 15 Spots in the Top 20 Tax Exempt Properties in the US
A recent nationwide study carried out by CommercialCafé, and based on PropertyShark data, revealed the top 20 tax-exempt properties in the U.S. NYC stole the show, with a total of 15 tax-exempt properties featured in the top 20. Given the fact that many historic buildings located in Manhattan are tax exempt, we weren’t really surprised when…
From Industrial to Office Space – The Brooklyn Navy Yard Revival
A new era for the Brooklyn Navy Yard A new project is underway at the Brooklyn Navy Yard. The Rudin family, one of New York’s oldest real estate dynasties, has teamed up with Boston Properties Inc. to develop a new 675,000-square-foot office building on Brooklyn’s waterfront. Designed by S9 Architecture, the new office development dubbed…
When Will Harlem’s Townhouse Market Catch Up with Manhattan Prices?
The average sale price/sqft of townhouses in Harlem climbed 171% since 2009 Downtown Manhattan has the highest average sale price per square foot Harlem records a 15% average yearly growth rate – if current pace continues, it could catch up with Manhattan’s average by 2028 Harlem is clearly undergoing some quite dramatic changes and the…
Want to stay on top of the real estate market?
Access comprehensive property data and ownership information with intuitive research tools.