A new report released today by Douglas Elliman painted a less-than-rosy picture of Manhattan condo and co-op sales performance from the past five years. According to The Real Deal , Elliman's study stated that the annual number of…
Hedge fund billionaire Kenneth Griffin now has 238 million reasons to love his latest real estate purchase. This past week, The New York Times reported that Griffin, the founder of the investment company Citadel, recently paid $2…
Brooklyn’s residential co-op and condominium market ended 2018 on a less-than-positive note, a change from the more stable picture it displayed in 2017, according to Corcoran’s 2018 fourth quarter report. “Brooklyn ended 2018 by following…
Second of a two-part series; read part one here . To the major relief of commuters who normally travel between Brooklyn and Manhattan via the L subway, a potential nightmare was averted when Gov. Andrew Cuomo surprisingly earlier this …
Manhattan’s residential co-op and condominium market ended 2018 on a down note, a change from the more stable picture it displayed in 2017, according to Corcoran’s 2018 fourth quarter report. “Market-wide closed sales declined as potentia…
First of a two-part series; read part two here . For the 225,000 commuters who normally take the L train from Brooklyn to Manhattan, April 27, 2019 would have been doomsday. On that date, the MTA was supposed to have completely shut dow…
Entertainment journalists have long claimed that the rich and famous are just like “us” (plebs) because they do things like wear sweatpants or walk their dogs. Well, it turns out that there is at least a third commonality between the showbi…
The Brooklyn and Queens residential markets both saw a slight rise in median sales price but accompanied by falling sales numbers during the fourth quarter of 2018, according to Douglas Elliman in its latest quarterly reports for th…
Even amid a slowdown in the Manhattan real estate market, co-op sales in that borough performed well in the fourth quarter of 2018 compared to condos, according to a new report by Douglas Elliman released today. The brokerage…
In a city where new luxury condo and co-op developments are pretty much the norm, not every project announcement is front-page newsworthy. But in the Bronx, where the vast majority of the residential market is of the rental variety, Brook…