The Most Expensive Blocks in Brooklyn
It’s time for our third and final post covering the most expensive blocks in New York City, and this time we analyze Brooklyn. If you haven’t read the first two entries (covering the most expensive blocks in Queens and over NYC as a whole), you can do it here and here. If you look at…
The Most Expensive Blocks in NYC
Continuing the topic of our recent article that covered the most expensive blocks in Queens, it’s time to go city-wide. We could have easily entitled this post “Most Expensive Blocks in Manhattan”, since New York City’s 10 priciest blocks are all located in Manhattan. A quick glance at the Upper East Side dominates the top…
Most Expensive Blocks in Queens, New York
It might have come as a surprise to some people that, according to our latest report, the priciest block in Queens was located in Belle Harbor/Neponsit (see interactive map). The median sale price on the beach front block located between Beach 145 Street and Beach 146 Street was $2.5M. As reported by the New York…
Most Expensive NYC Neighborhoods in 2011
Tribeca and Soho reasserted their status as the top two most expensive neighborhoods in New York City in 2011, our latest analysis reveals (check out our previous analysis for Q3). With yearly median sale prices of $2,245,075 and $2,087,413 respectively, Tribeca and Soho were far ahead of the rest of the pack. The neighborhood that…
Brooklyn Luxury Real Estate Market at Four-Year High
While the total number of residential sales in Brooklyn decreased slightly in 2011 (1%) compared to 2010, Brooklyn’s luxury market (residential sales of $1 million and above) registered a four-year record in 2011. There were 742 such transactions in 2011. This figure represents a 35% increase over 2010 (550), while compared to 2007 (775) it…
Top 10 NYC Buildings with Most Units Sold in 2011
If two years ago Manhattan was dominating this list, in 2011, six out of the Top 10 Buildings with Most Units Sold were located in Brooklyn. #1. The Edge As Curbed mentioned a few months ago, sales at The Edge really took off last year. The two towers at 22 North 6th Street and 34…
Home Sales in Queens Take a Dip in 2011, But Prices Keep Up
The number of homes sold in Queens decreased slightly in 2011 with 9,128 properties changing hands, our latest analysis shows. The Y-o-Y decrease is 11%, while compared to 2006 (when the number of transactions reached a 7-year peak), the decrease is 39%. At $305,000, the yearly median sale price has stayed flat for a third…
Q4 2011 Manhattan Apartment Sales Map
The fourth quarter of 2011 has ended, so our interactive apartment sales map is ready to show which parts of Manhattan had the highest density of sales and where the priciest sales were. To better visualize it, on the map, the number of sales by building is depicted by the size of the circle while the…
Average Home Sizes in Washington D.C., Atlanta Twice As Much as in New York
The average home in New York City (all the five boroughs) is 1,124 square feet, which places the Big Apple at the bottom of the list of 20 cities in the U.S. Home owners in Washington D.C. and Atlanta enjoy almost twice as much space as New Yorkers.
Battle of New York’s Toniest Thoroughfares: Fifth vs Park Avenue
Fifth and Park avenues, the stretches between 59th and 96th streets on the Upper East Side, are two of New York City’s toniest thoroughfares, and have been battling for the crown of the city’s most expensive residential street for almost forever. Most of the time Fifth Avenue claimed the top spot.
Glenwood Management Secures $260 Million Mortgage for UWS Residential Tower
Glenwood Management secured a $260,000,000 mortgage to develop the project, property records filed with the city yesterday show.
Home sales in the Bronx down by a quarter, but the borough sees second largest condo sale ever
Home sales activity in the Bronx saw one of the worst performances in the past 6 years with only 352 closed transactions, down 26% over Q2 2011, and down 19% over the same quarter of last year.
NYC Stalled Construction Sites
Based on a list provided by the Department of Buildings, we’ve created a new map, showing stalled construction sites in New York City. You can click on the dots to see photos and information for each of the mapped properties. Â According to Curbed, the number of stalled sites is dropping from its November 2010 peak,…
Cheapest Homes For Sale in New York City
A Wall Street Journal analysis of the cheapest homes in the five boroughs compiled by PropertyShark.com reveals a diverse mix of properties offered at prices lower than some pay for their monthly rent in the City.
Q3 2011 Manhattan Apartment Sales Map
The third quarter of the year has now ended so it’s time to see what happened on the Manhattan residential market over the past three months. We’ve created an interactive map, as usual, displaying closed apartment sales in Q3 2011. On the map, the size of the circle indicates the number of sales in the…
Permits Filed For A 45-Unit Residential Development in Clinton and 255 Bowery
A building permit was recently filed to convert a garage in Clinton, between 10th and 11th Avenues, to a 30,000 square foot residential development. According to the permit file, which lists Emmut Properties Corp. as the property owner, the new structure will be 7-stories high and will accommodate 45 apartments.
Mapping Inclusionary Housing Areas in NYC
Inclusionary housing areas are designated by the City of New York and promote economic integration by giving out incentives to residential developers in the form of a floor area bonus.
The Real Deal Celebrates Its 100th Anniversary Issue
One of the best real estate magazines in the country, the Real Deal has recently published its September issue – the 100th –
Home Sales in the Bronx at 5-year Lows; City Island the Borough’s Most Expensive Neighborhood
The number of home sales in the Bronx in the first half of the year was the lowest since 2005. Only 667 homes changed hands in the first two quarters of 2011
“More Manhattanites Buy Brooklyn Condos” – What About the Other Way Around?
We recently released a study, first covered by Brownstoner, which revealed that Brooklyn condos are becoming increasingly appealing for Manhattan buyers, especially those priced at $1 million and above.
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