Category: Real Estate Trends

Real Estate Trends Climate Act Compliance
Climate Act Compliance

While many NYC building owners and managers have committed to reduce energy waste in their properties, promote efficiency, and strive for a greener city and planet, the sweeping nine-bill Climate Mobilization Act passed in May of 2019 and t…

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Real Estate Trends Fitting in Fitness
Fitting in Fitness

The most popular amenity by far in apartment communities—whether co-op, condo, or rental—is a gym. Even in small buildings, where space for extras is at a premium, boards look for ways to add a fitness room somewhere, anywhere, they can wed…

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Real Estate Trends Ten Years of NYC Home Sales
Ten Years of NYC Home Sales

amNewYork gives the borough-by-borough breakdown of residential sales over the last decade as the 2010s come to a close. Overall, the city saw real estate prices increase between the first quarter of 2010 and the fourth quarter of 2019,…

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Real Estate Trends Sell vs. Sublet
Sell vs. Sublet

As the New York co-op and condo markets continue to cool, the question for many a would-be seller is whether to absorb the contraction is prices, or to rent out their unit and wait for the market to make a comeback. The answer may be conti…

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Real Estate Trends Major Building Construction Projects
Major Building Construction Projects

Most buildings will have to undergo some kind of exterior or facade-related work at some point in their useful lives - it's inevitable. But sometimes those projects can be noisy, dusty, and disruptive to not just the building being worked o…

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Real Estate Trends Small Building Challenges
Small Building Challenges

Like people, co-op and condo buildings come in all shapes and sizes, and have different personalities and tastes. Regardless of size however, all buildings face similar challenges – coping with ever-increasing numbers of deliveries, for exa…

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Real Estate Trends From Charity to Luxury
From Charity to Luxury

A former Salvation Army distribution center at 26 Quincy Street in Brooklyn's Clinton Hill neighborhood is slated to be internally renovated into a 49 condominium units by development partners Loktech Group and Meral Property Group. The par…

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Real Estate Trends Get Out!
Get Out!

If selling is an art, then real estate agents are in many ways like landscape painters -- in other words, they prefer a vista without human characters. It’s not that they don’t like people; it’s because it’s much easier for a prospectiv…

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Real Estate Trends Manhattan Sales Prices Drop
Manhattan Sales Prices Drop

Owners looking to make a killing on their apartments are getting a cold splash of reality, according to a recent report from Marketproof. While sales prices in the NYC market have indeed increased by some 43% since 2006, in many cases, sell…

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