Anybody who has lived and worked in New York City for an extended period of time usually develops a sort of love-hate relationship with the city, rattling off a dozen reasons why Gotham is the only place they'd ever consider calling hom…
Category: Real Estate Trends
New York City began as a city of immigrants and has maintained a long and laudable history of welcoming foreign travelers and residents. In recent years, residential real estate sales have glowed even brighter for buyers from overseas.…
To buy or not to buy? That is the question.” Taking a cue from Hamlet, this question is on the minds of many contemplating moving to New York City these days. “Many are taking advantage of this slightly-down market by buying, w…
Two seemingly opposite dynamics are both influencing today’s real estate market—and its impact on co-ops and condos. On one hand, people all over the United States, including the greater New York area, are becoming more frugal, and lear…
As the old saying goes, you never get a second chance to make a first impression, and for co-op and condo homebuyers, that first impression is almost always the view from the street. No matter how deluxe the accommodations inside, if th…
According to the most recent U.S. Census in 2010, an estimated 2.5 million people—or roughly 13.5 percent—of New York’s population is over the age of 65. Older New Yorkers, especially in New York City live in longtime neighborhoods or i…
The economy cratered—to use a term in popular parlance at that time—in September, 2008, with the collapse of too-big-to-fail Lehman Brothers. While the measures undertaken by the federal government and the Federal Reserve averted complet…
Citizens over the age of 65 comprise nearly 13 percent of the U.S. population—just under 40 million seniors. By 2030, it is estimated that 72 million Americans will be over the age of 65, nearly doubling those numbers. Where this volume…
One of my five-year-old daughter’s favorite YouTube clips involves an elaborately decorated house, whose thousands of colored Christmas lights were programmed to flicker, strobe, wave, and blink to the tune of the Trans-Siberian Orchest…
The U.S. Environmental Protection Agency (EPA) estimates that 136 million tons of construction and demolition waste was generated in 1996, which was the last time these figures were made available, and those numbers have most likely ri…