When it comes to tax revenue, New York City has 20.4 billion reasons to thank the real estate industry. According to trade association Real Estate Board of New York (REBNY), the city's real estate industry generated about $20.4 billi…
Like empty tables in a restaurant, parts of your building may be costing you money instead of paying for themselves or making a profit. Roofs are a perfect example. But how could a co-op or condo make money from their roof? This is wher…
Stars, of course, are just like us. Or so magazines would have us believe because, say, Ryan Gosling once wore a polo shirt. In reality, however, famous people bring with them a cultural cachet and a renown that objectively sets them ap…
In movie industry parlance, New York City’s Second Avenue subway line was in ‘development hell’ for almost 100 years —as many Upper East Siders who ride the very crowded Lexington Avenue subway train daily know first hand. Plans for the …
For the last decade or so, newly-constructed residential buildings have featured all kinds of new amenities, from the opulent to the simple, and the trend shows no signs of slowing down. This leaves older buildings sparser amenities in a lu…
In looking at Manhattan residential sales trends this year so far, you could interpret the data as looking at the glass either half-full or half-empty According to the recent Corcoran Report for third quarter 2016, the median price …
One of the key selling points about New York City living is convenience. To have everything you may ever need a few blocks or subway stops or a delivery away is such a privilege as to offset the Big Apple's exorbitant real estate prices, at…
To date, 2016 has been a slightly-mixed-but-recovering bag for sales of residential co-ops and condos in Brooklyn. While most indicators are up year-to-year and over the third quarter of 2015, there was a downward blip in sales overall dur…
As times change and we encounter life’s transitions, many of the things we once desired take on new forms and shapes. None of those transitions is quite as profound as starting—and raising—a family, and for co-op and condo owners who are al…
Take a gander around major U.S. cities, and you’ll see that the market for newly-constructed condo units is at an all-time high; many developers are seeking way to set their particular luxury properties apart from all the others going up ar…