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NYC Real Estate News
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Tuesday, 30 November 1999 00:00 |
According to an article in the New York Times, the real estate market has seen an surge of activity as consumers are avidly hunting for homes in Manhattan and several Brooklyn neighborhoods. Despite sluggish sales in many other cities, NYC home prices have gone up due to bidding wars among buyers. From tiny studios in the East Village to red brick mansions on the Upper East Side, open houses are jammed with consumers hoping to find a new home.
Many consumers were reluctant in the last two years to purchase homes as they feared that the market would crash and they would have ended up paying too much for a home. Now, the attitude has changed due to a strong demand, strong regional economy and higher Wall Street bonuses.
With economists predicting stabilizing mortgage rates and a continuing city budget surplus, real estate experts see no reason why the trend wouldn't continue. Real estate professionals are continuing business with a "cautious exuberance" according to Steven L. James, director of Manhattan sales for Prudential Douglas Elliman.
To read the full article, please visit: http://www.nytimes.com/2007/02/19/nyregion/19market.html
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Apartments -
NYC Real Estate News
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Tuesday, 30 November 1999 00:00 |
New York's newest home for biopharmaceutical and clinical laboratory businesses offers turnkey state-of-the-art lab space; a central location in New York's most populous suburban county and competitive rents in an architecturally significant building.
They all come together at the Business and Research Center at Garden City, the former corporate campus of Bristol-Myers Squibb Pharma now being redeveloped by Long Island-based Metropolitan Realty Associates and its New York City-based equity partner, Angelo, Gordon & Co.
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Apartments -
NYC Real Estate News
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Tuesday, 30 November 1999 00:00 |
Thu Nov 10, 2005
Today's NY Post, citing a report from one of Manhattan's well known brokerage houses, reports that :
"Median and average apartment prices fell 4.2 percent and 8.4 percent, respectively, from the end of September, and a whopping 15.9 percent and 18.3 percent since June."
The report, credited to Halstead Properties, "attributes the continuing downswing primarily to "a lack of closed sales at the high end of the market [that] kept the average sale price down in October, which at $1,088,941 was only 1 percent higher than a year ago."
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NYC Real Estate News
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Tuesday, 30 November 1999 00:00 |
December 12, 2005 -- Haute Living Magazine Presents New York City's Star-Studded Roundtable Discussion & Real Estate Market Outlook 2006.
Haute Living has chosen three of New York's leading celebrity journalists, Braden Keil of The New York Post, Amir Korangy of The Real Deal and Peter Slatin of Forbes/Slatin Real Estate Report, to moderate its first-ever Manhattan-based Roundtable Discussion & Real Estate Market Outlook for 2006.
"It is amazing to be able to put together such a great event in New York City," comments co-publisher Seth Semilof. Being the Standard for Luxury Real Estate in Florida, we have decided to bring our brand into the New York Luxury Real Estate Market."
The highly anticipated event will commence at 1 p.m. on Thursday, December 15 in New York City. With panelists including Susan de Franca of Related Residential Sales, Pamela Liebman of The Corcoran Group, Frederick Peters of Warburg Realty Partnership, Elizabeth Stribling of Stribling & Associates, Diane Ramirez of Halstead Property, Louise Sunshine of The Sunshine Group, Michael Shvo of Shvo Marketing, and Gary Malin of
Citi-Habitats, this event is primed to be the ideal forum for inquiries regarding the ins-and-outs of Manhattan's luxury real estate market.
"We worked very hard very to deliver three of the most respected names in NY to moderate our event," comments co-publisher Kamal Hotchandani. Plus, we have eight of the top leaders in NY to talk about the Market Trends for 2006. This is going to be a very special event, that will benefit our readers and the general public.
The Roundtable Discussion & Real Estate Market Outlook for 2006 will bring Haute Living to the forefront of the luxury real estate market in Manhattan and allow the industry to see why it has become South Florida's standard for luxury real estate and design. The elite gathering will be followed by a choice of an exquisite array of delicacies coupled with the finest wines and champagnes-courtesy of Blue Star Jets' co-founders Todd Rome and Richard Sitomer, Frederick's Madison and Dom Perignon.
About Haute Living Magazine
Haute Living Magazine is the standard for luxury real estate and design. Haute Living features the finest in luxury real estate, chic interior design, gourmet cuisine and luxury item goods, while highlighting South Florida and New York's sizzling latest real estate news. With its contemporary design and targeted distribution, Haute Living appeals to both domestic and international luxury real estate investors.
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Apartments -
NYC Real Estate News
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Tuesday, 30 November 1999 00:00 |
Manhattan apartment prices notched up in November, but the galloping gains seen earlier this year are gone.
The average apartment sale clocked in at $1.1 million, compared with $1.09 million in October, according to real estate brokerage Halstead.
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