And the third week winner is..
Kamla Jaikaran!  She shared her PropertyShark story with us on Facebook and won a lifetime subscription. Here is her story: “I started using propertyshark to complete my BPOs and what a difference; it has facilitated the whole process. So much better that the local MLS. There are properties that closed and agents haven’t update the MLS…
Second Round Winner in Our Facebook Contest
The second round of our Facebook contest is over, thank you all for your submissions and for your nice words. Joshua Haller is this week’s lucky winner of a lifetime subscription. Joshua managed to get 11 votes from his friends with the following story: “I have been working in Real Estate for 4 years and…
Selling Homes? These Are the Most Popular Keywords NYC Agents Use to Sell Fast
Selling a property can take a long time, and in NYC the average selling time can last even longer than in many other parts of the nation. One of the things that agents can do to speed up a sale is to work on the listing description carefully. And if you ever wondered what those…
NYC Demolition Permits Slowly Rising, while New Building Permits’ Decline May Be Leveling Out
One of the (very) early signs that new construction is about to start is that old buildings are being demolished. In New York City, the total number of demolition permits issued in all boroughs has been on an upward trend, although it’s a slow rise. NYC Demolition Permits See a 5% Uptick There were 1,174…
5-Year High for NYC Commercial Sales Volume
The surprise came from Brooklyn last year: the borough managed to register a 5-year record in commercial transactions due to the sale of the Kings Plaza Mall, which raked in $751,000,000.
Top Selling Buildings in NYC
Last year’s waves of sales at Williamsburg’s splashiest development The Edge crowned the building as the top selling NYC building for the second year in a row. With 167 units sold in 2012 at a median price of $804,418, added to the 272 sold in 2011, The Edge has all its 565 units now sold.
Move over Dumbo, Boerum Hill is now Brooklyn’s top neighborhood
 If in 2011 Dumbo took everyone by surprise, ranking 4th in the top 10 neighborhoods, in 2012 another Brooklyn neighborhood grabbed the spotlight. Boerum Hill climbed to 6th place with a median sale price of $950,000, surpassing well known upper class neighborhoods like the Upper East Side, West Village and ultimately Dumbo. As our…
Home Sales in the Bronx Down to a 5-Year Low
Real estate in the Bronx might not be on every home buyer’s tour these days as closed sales in 2012 hit a 5-year low. 2,339 homes in this borough found a new owner last year, a 4% drop compared to both 2011 and 2009 and a larger drop compared to 2008 and 2010. The median…
Gentrified Brooklyn Neighborhoods See Home Prices per Square Foot Shooting Up
Several parts of Brooklyn have experienced significant urban redevelopment and demographic change over the past decade. These shifts — often referred to as gentrification — have brought new investment, rising property values, and changes in the housing and cultural landscape. Increasingly, homebuyers from across New York City have turned to Brooklyn for residential opportunities that…
10 homes auctioned by the Public Administrator of Queens County
If you didn’t have time to go and see the properties on December 8th or 9th you can still get a sense of what shape they are in by looking at the property reports on PropertyShark.
Public Records Are NOT Error Free! But There’s a Way Around
Everyone in real estate knows that public records are not error free. Some more than others claim this happens too often. We won’t go into that debate. What’s undeniable, however, is the growing need for ways to validate data found in public records and to quickly determine whether the information provided is true or false….
The Most Expensive Zip Codes in NYC (Hint: It’s not 10065!)
It’s hard to picture almost any US top-10 list without New York City somewhere in there. The most expensive US zip codes list compiled annually by Forbes Magazine makes no exception. In fact, Upper East Side’s 10065 heads their list this year, securing the coveted #1 for the first time. But is 10065 indeed the…
Newcomer in the Top-10 Most Expensive NYC Neighborhoods: Manhattan Beach, Brooklyn
As home sales and median sale prices across NYC have continued to inch up in Q3 2012, Brooklyn is pulling some aces from its sleeve–Manhattan Beach has secured the #4 place in the list of the most expensive NYC neighborhoods PropertyShark completed for this quarter. Median sale prices in Manhattan Beach have spiked at 143%…
Most Expensive Homes in Staten Island (2005-2012)
Staten Island’s luxury home market has some nice figures to show for the 2005-2012 period. Two transactions coming close to $4 million signal that the area, and more specifically the upscale neighborhood Todt Hill, has real estate appeal for the wealthy. In the boom year of 2007, the 7,582 sqft home on 29 High Point…
Queens’ most expensive homes (2005-2012)
News about estates selling at record-breaking prices in New York is almost exclusively linked to Manhattan, and occasionally to Brooklyn. But a blockbuster $5.1 million sale in the upscale neighborhood of Neponsit has recently put Queens on the luxury real estate map of New York. It was hailed as the most expensive home ever sold…
Top Home Lenders in NYC
Who finances your home mortgage loan? If it’s Wells Fargo Bank, learn that you’re with the biggest home lender in NYC, PropertyShark data provided exclusively for Crain’s New York indicates*.
The Kardashians and the Trumps Top PropertyShark’s Searches by Property Owner
Celebrities and the real estate sector usually make quite a hot pair. How hot? It depends if you are on the East Coast or West Coast, and if you prefer Hollywood to the business world. At PropertyShark we were quite curious to see what names most people were running owner searches for, and the results…
Top 10 NYC Home Sales in Q2 2012
What do you think you might find at the high end of NYC’s residential market in Q2 2012? The answer might not be surprising– it’s mostly luxury co-ops in Manhattan, making up half of the top-10 priciest NYC homes sold in spring. What might surprise you instead is to find out that this quarter recorded…
Q2 2012 Brooklyn Apartment Sales Map
The areas with the most intense sales activity this quarter were Park Slope, Brooklyn Heights, and Downtown Brooklyn.
Chart of the Week: NYC Home Sales in Q2 2012
It looks like more New Yorkers found a new home in the second quarter of 2012. A glance at PropertyShark‘s weekly chart shows rising trends in both number of sold properties and median sales price. There were 24% more homes sold in NYC in Q2 2012 compared to Q1 2012, while the median sales price–$485,000–also…
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