Archive for Manhattan Real Estate
Being 20-something in New York City: Paying A Lot for a little…
Ever found yourself wishing you were in your twenties in the City again? If you value your space and creature comforts, be glad it’s a daydream and not a reality. The New York Times collected stories of 20-somethings from around the City, focusing on the sacrifices and hardships involved to make it work. The article [...]
The Most Expensive 1 Bedrooms in the Country
When you think expensive, it’s easy to think big. But there are some amazing places around the country that pack a whole lot of elegance- and a whole lot of expensive- into a one bedroom apartment. Here are the most expensive apartments in three of the most amazing cities in the U.S… Starting, of course, [...]
3rd Quarter Real Estate Market Report
3Q Manhattan Market Report The third quarter was an extension of the ‘spring market” characterized by a more normal number of sales and inventory levels, and a shift toward a more typical mix of apartment sizes. The Manhattan housing market rebound continues. The third quarter market was similar to what we observed during the second [...]
The Rental Market Shows Signs of Strength
In the third quarter of 2009, rental properties were moving slowly and landlords were negotiating and offering landlord concessions. The thrird quarter of 2010 saw a change in rental landscape. In fact, the listing discount is down to 1.7%, its lowest level since 2006. Why so low? As you can probably feel, things are stabilizing and people know [...]
Is that Buried Ground Floor Apartment Really a Treasure?
Ground floor apartments tend to have a reputation for being a little bit loud, unsafe, or dark, but, as NY1 points out, that isn’t always the case. And in a market when people are looking for a good deal, there’s no reason not to rule out ground floor apartments too quickly. For example, if that [...]
Do You Need the Co-op Board’s Approval for a Roommate?
The only thing more confusing than finding a good apartment in the New York real estate market itself may be some of the rules that govern what you can do once you have a place. Let’s say you have a Co-op, and in this economic climate, you need to bring a roommate in to help [...]
Half of First Time Buyers Will Need to Repay Their Tax Credit
Did you or someone you know claim the first-time homebuyer tax credit on your 2009 tax return? Did you know half of the people who claimed it will end up paying that credit back? According to a report from the Inspector General for Tax Administration, 950,000 of 1.8 million who claimed it will need to [...]
10 Reasons To Buy a Home, from the Wall Street Journal
This article appeared in the Wall Street Journal this week and hit the mark. Reprinted here in full: 10 Reasons To Buy a Home Brett Arends discusses why he thinks now is a particularly good time to buy a home. Enough with the doom and gloom about homeownership. Sure, maybe there’s more pain to come [...]
Going Co-broke: Cooperation Between Brokers
It’s no secret that it’s a challenging time to be a real estate broker. This week the Real Deal tells stories about listings taking much longer than expected to show up on the market. This doesn’t sound like a big deal but it is as some brokers are sitting on listings in order to get direct buyers. A direct [...]
Inspiration in the Tub
A big part of creating a home out of the condo or apartment of your dreams is making it comfortable and elegant- and not just in the common areas. And what better way to figure out what makes your space a home than to customize an inspired design in your bathroom? Mark Cutler, posted some [...]