Top 50 Most Expensive NYC Neighborhoods in 2021: NYC Sales & Median Price Hit Highest Figures in 10 Years
35 neighborhoods surpass $1 million median as NYC logs record sales activity and new pricing peaks as pent-up demand drives buying frenzy.
PropertyShark Wins Tech Platform of the Year at 2021 RED Awards
The NYC-based real estate data and research platform picked up the highest recognition in the technology category at the Red Awards gala.
Most Expensive U.S. Zip Codes in 2021: 10 Areas Surpass $4 Million Median Sale Price
Overwhelming majority of 100 most expensive U.S. zip codes surge in pricing, with 10 at $4M+ and an additional 20 going climbing over $3M.
Encroachments: What They Are & What You Can Do About Them
Neighboring property disputes can sometimes be contentious. Here’s a helpful quick guide on the safest ways to address them.
Top 50 Most Expensive NYC Neighborhoods: Hudson Yards & TriBeCa Maintain Top Spots
Sales activity skyrocketed in Q3 2021, while prices, too, were more spread out, but they continued to rise among NYC’s 50 priciest neighborhoods.
Top 50 Most Expensive NYC Neighborhoods: Hudson Yards Returns to Top Spot with $5.7M Median, TriBeCa Follows at $3.25M
As sales activity returned in force in Q2 2021, prices, too, were mostly on the rise among NYC’s 50 priciest neighborhoods.
Changes to the Liability Provisions of the New York Real Estate Transfer Tax
The 2022 fiscal budget bill brings two notable changes to the liability provisions of New York State real estate transfer tax requirements.
Co-op Boards May Have to Explain Rejections Per New Proposed Bill
New legislation set to increase transparency in co-op board decision making.
NYC Suburbs That Drew Homebuyers During COVID-19
Key Takeaways: Home sales dipped in NYC, but increased substantially in many of the city’s suburbs Suburbs in New Jersey & Connecticut were largely ahead of those in New York state Buyers generally preferred larger, detached homes further from NYC proper Toms River, N.J., saw largest the increase in sales activity in 2020 with 492…
NYC Multifamily Sales Volume Down 62% in Q1 as Slumping Rents & High Vacancy Rates Exacerbate Prior Slowdown
For the NYC multifamily sector, the downturn brought on by the pandemic was just another hit to an already cooled-down market.
5 Key Medium-Term Factors Shaping Commercial Real Estate in NYC
We Lend CEO Ruben Izgelov examines the most essential factors shaping NYC commercial real estate in 2021 and beyond.
NYC Residential Market in Review: A Year into Pandemic, Sales Are Down 28% but Steadily Returning Since October
After a promising month of sales in July, transactions decreased in August along with the median sale price.
The New Market Tax Credit Program – History & 2021 Revival
The latest relief bill includes several provisions to revitalize the real estate industry, among them tax incentive programs like the NMTC.
What The “Consolidated Appropriations Act – 2021” (CAA) Has In Store For Landlords & Tenants
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. At the end of…
Pandemic Causes Sales to Plunge 85% in Hudson Yards, NYC’s Priciest Neighborhood & Prices to Dip 8% in Manhattan
In 2020, Hudson Yards was NYC’s most expensive neighborhood with a $4.5 million median. TriBeCa was next with $3.2 million median sale price – a 3% decrease Y-o-Y.
A Look Back at 2020: Major Real Estate Law Updates in NYC
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. As 2020 comes to…
On the Cutting Edge of Manhattan’s Luxury Properties: An Interview with Shlomi Reuveni
Shlomi Reuveni of Reuveni Real Estate describes the current state of Manhattan’s luxury residential market and how it has adapted to the pandemic as well as up and coming areas.
Most Expensive U.S. Zip Codes in 2020: Medians on the Rise in Country’s 100 Priciest Zips
Atherton remains priciest zip code at $7 million, followed by Sagaponack, Malibu & Beverly Hills, as California again dominates top 100 ranking.
Q3 2020 NYC Neighborhood Report: Pandemic Slashes Sales up to 50% Across 4 Boroughs
In Q3 2020, sales were slashed by up to 50% in four boroughs. This quarter Hudson Yards was #1 priciest NYC neighborhood. and the Theater District-Times Square was #2 priciest due to a 223% surge in medians fueled by luxury condo sales & SoHo came in at #3.
Centric Brands Signs 212K SF Lease in Empire State Building
Centric Brands signed a lease for 212,000 square feet of office space in the Empire State Building directly from the property’s owner, the Empire State Realty Trust.
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