Archive for Manhattan Real Estate

New York Times Real Estate app for Apartment Hunting

Apartment hunting in New York City just got easier. The New York Times just launched a free iPhone app called New York Times Real Estate. You can search for listings, view property details and even see photos, floorplans, maps and directions. What about figuring out your prospective mortgage payments? Yes, that too.
Right now it integrates [...]

Daniel Boulud and David Bouley cook up some Manhattan Real Estate

Manhattan Real Estate: Celebrity Chefs
Two Manhattan chefs are looking to stir up their real estate recipe: According to The Real Deal, there is “a bunch of evidence” that a 610 Park Avenue condo on the market for $6.5 million belongs to French restauranteur Daniel Boulud, and the New York Post is reporting several courses of [...]

Manhattan Real Estate: Apartment Shopping Nighmares

Manhattan Real Estate: Apartment Shopping
Apartment shopping is a wild card- sometimes everything is going well, everyone’s getting along, and the place looks nice when- Doh!- something unimaginable happens. Sometimes it’s trivial and hits a nerve for the shoppers, sometimes it’s so glaring it’s like showing up with a shiny zit on your nose.
NY Mag put [...]

Predicting 2010 Interest Rates and Housing Prices

Last week Bob Tedeschi looked into the Manhattan real estate crystal ball for the New York Times and saw two big things: Mortgage rate on 30 year fixed rate loans rising from the current 5% to maybe 6% by late March and foreclosure homes saturating the market come this summer, keeping prices low.
So should you buy? [...]

Manhattan Real Estate: Ten Year Market Report

Yesterday’s Ten Year Manhattan Market report from Prudential Douglas Elliman in conjunction with Miller Samuel is a breath of fresh air. Not to be insensitive but it frames the housing conversation and begs me to shout out to as many people that will listen, “Quit your whining!”
Housing prices have doubled with an average price per [...]

Manhattan Real Estate Market and Shadow Inventory

Manhattan real estate is full of change and contradiction.
There is the good news: 4Q reports show an increase in activity. Sales are up 8% from 4Q of 2008 and up 11% from 3Q of 2009.
And then there is the not-so-good news: The majority of those sales are resales from the credit crisis. Just 19% of [...]