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…
How to Research Condos in NYC: Find Building Management & Contact Details, Condo Declarations, Owners & More
Find out how to research condos in New York City the easy way: find management information, unit owners, sales records, condo declarations and more.
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…
How-to Get Weekly Updates on NYC Sales
In real estate, fast access to market insights and accurate data is key for securing excellent business results. Unfortunately, getting access to up-to-date sales records may require you to research multiple sources, which is a time-consuming task. To help you save time and effort, we designed the Weekly Transfer Email, a feature which delivers timely…
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…
Brooklyn’s Exciting Evolution Revealed in Cool Now-and-Then Photos
Brooklyn, once the home primarily of brownstones and warehouse conversions, has been the subject of significant development over recent years. Brooklyn is no longer dependent upon Manhattan, having a vibrant nightlife, eclectic restaurants, shopping, and a culture of its own. With its rapid progression has come a tremendous amount of growth in the real estate…
Zoom In: Where Are the Most NYC Pre Foreclosures Hiding?
Locating pre foreclosures — distressed properties which haven’t yet hit the auction block — in the tight NYC real estate market is not an easy thing. These properties have a special status because they are not yet foreclosures and cannot be found on regular listing websites. When investors search for pre foreclosures, the first thing they do after…
Zoom In: The Hot Spots of Brooklyn Condo and Coop Sales Closed during the First Quarter of 2015
A total of 1,108 co-op and condo sales have been recorded during the first quarter of 2015, down 5% from the same quarter last year, shows the Corcoran Report, developed in collaboration with PropertyShark. The median sale price was $550K, a 25% increase Y-o-Y. Get “the big picture” of Brooklyn’s sales activity by checking out our updated Brooklyn Sales…
Homes of the Super-Rich: NYC’s Top 10 Most Expensive Home Sales in Q1 2015
Following a strong 2014, the New York City residential real estate market continued to heat up in Q1 2015. Scroll down to see the countdown of the top 10 most expensive home sales recorded in the first quarter of 2015: 10. 300 Central Park West #4D Sale price: $12,750,000 Sold by movie star Bruce Willis, the majestic three…
NYC Home Prices Up 2% in 2014, Luxury Market Thriving
In New York City, the real estate market is as hot as it has ever been. Whether it’s local or international buyers, everybody wants a piece of the Big Apple. This huge demand for urban living has driven property prices up over the past 5 years, with the median price for a NYC home peaking at…
NYC’s Top 50 Priciest Neighborhoods in 2014
When it comes to residential real estate, New York City is the ultimate leader. From spacious penthouses to designer lofts and glamorous mansions, NYC’s most astonishing properties are spread across neighborhoods throughout the city. One thing they have in common though: they cater to deep-pocketed home buyers. To see how hot the high-end real estate…
New York City’s Top 10 Most Expensive Homes Sold in 2014
New York City’s residential sales market remained strong in 2014, with increased demand recorded across all market segments and rising home prices. Of the five boroughs, Manhattan tops the charts in terms of expensive real estate, according to recent data from PropertyShark. To see exactly what “pricey” means when talking about New York City residential…
New York City’s Top 10 Commercial Real Estate Deals of 2014
With 2015 just around the corner, we thought it would be instructive to look back and see who scored the biggest deals in terms of real estate investment in 2014. The top 10 commercial real estate transactions in New York City totaled more than $6 billion this year, with Manhattan standing out as the hottest…
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