Category: Real Estate Trends

It sounded too good to be true when it was first publicized last year: buy an $85 million Manhattan penthouse condo, and you'll get two Rolls Royces and a trip to space as perks.  Now it might've been just wishful thinking. The New York…

Like many other American cities, New York City is currently mired in an affordable housing crisis. And the situation seemingly grows more dire by the day. As Gothamist reported earlier this year, weakened rent laws and economic pressure…

A penthouse in United Nations Plaza was among 23 Manhattan luxury residential properties listed at $4 million or more that signed into contract last week. It marked six straight weeks of 20 or more sales, according to Oshan's latest r…

As they have for nearly two decades, crowds of managers, board members, co-op/condo residents, building owners, and multifamily service providers of all stripes converged on New York Hilton Midtown on April 11th for the spring edition of Th…

In a residential real estate market that is getting more crowded with high-end luxury properties, developers are devising ways to attract potential apartment buyers. As one example, f irms like  Extell  have offered more intuitive bonuse…

Long Island City became the talk of the town late last year after it was marked as one of two likely locations for a new Amazon headquarters. After much uproar from residents worried that such a massive project would rapidly gentrify th…

The allure of owning a condo at Trump Tower has apparently worn off since the election of Donald Trump as president in 2016. In a recent Bloomberg article, Trump Tower was deemed “one of the least desirable luxury properties in M…

As reported by the Commercial Observer in  January  of this year,  Elliott Management Corporation and GFI Capital Resources Group acquired the Parker New York hotel for $420 million, with hopes to renovate and add 67 condominium units…

What’s more ‘New York’ than therapy? How many Woody Allen movies feature a scene where Allen’s character is lying on a comfortable couch in an impeccably decorated room overlooking the Hudson as he confesses to his psychotherapist? That sce…

Community associations are increasingly looking toward environmentally-friendly options to heat, cool and power their properties in order to reduce their carbon footprint and save money. Wind turbines, solar panels, combined heating and pow…