April 2012 Vol. 32, No. 4
The April 2012 issue of The Cooperator newspaper focuses on Real Estate Market/Expo
In this issue, you can read about 2012 market review & forecast, to rent or buy, foreign buyers and a new life for Midtown West.
Visit our archives to see other articles that were published in 2012.
News Briefs
- 03.20.2012 Co-ops with arbitrary floor-pricing leave many New Yorker's stuck in apartments[NY Daily News]
- 03.02.2012 High Rents are Forcing New Yorkers into Buyers' Market, Brokers Say.[DNAInfo]
- 02.27.2012 Inside Chelsea's Most Stylish New Building.[NY Daily News]
- 02.24.2012 All This Manhattan Neighborhood Needs Is a Name.[NY Times]
- 02.24.2012 $20 million Fifth Ave. Money Pit.[NY Post]
- 02.24.2012 Community Board Unanimously Rejects NYU Expansion Plan.[Gothamist]
- 02.24.2012 Forest City Ratner testifies it paid political insider to swing vote on Westchester development[The Real Deal]
- 2.24.2012 Riverside Boulevard neighborhood matures, condo sales improve.[The Real Deal]
- 02.23.2012 Restarting the Restoration Clock.[NY Times]
- 02.23.2012 Strong turn Brownstone Brooklyn gets new batch of townhouses.[NY Post]
- 02.23.2012 New townhouses are rising in Cobble Hill with Manhattan pricing.[The Real Deal]
- 02.23.2012 Mother sues to evict son from Sutton Place pad.[The Real Deal]
- 02.23.2012 Sex Sells: Brokers Using Hot Chicks to Turn Out Apartments.[NY Observer]
- 02.23.2012 House of the Rising Son: Family Feud at Sutton Place.[NY Observer]
- 02.23.2012 75 Wall Street Goes Rental.[The Real Deal]
- 02.22.2012 Rising sales point to a better year for housing.[NY Daily News]
- 02.22.2012 Daphne Guinness’s $14 M. Home for Sale, and She Loves Hirst Butterflies.[NY Observer]
- 02.17.2012 Is this midtown tower the best luxury rental in the country?[NY Daily News]
- 02.13.2012 Latest Condo Amenity? 24-Hour Veggie/Juice Bar.[Gothamist]
- 02.13.2012 Steiner Plans 720-Unit Building in Downtown Brooklyn.[The Real Deal]
- 02.12.2012 Jeremy Lin Offered Free NYC Apartment.[SB Nation]
- 02.11.2012 Hastings Waterfront Draws Newcomers.[Wall Street Journal]
- 02.10.2012 Ultra-Luxury NYC Hoime Prices Skyrocket, While Lower End Remains Stagnant.[The Real Deal]
- 02.10.2012 Keller Williams NYC Appoints New COO.[The Real Deal]
- 02.06.2012 Mandarin Oriental Penthouse Asks $42.5 Million.[The Real Deal]
- 01.23.2012 Plan to Put Group Home in Lenox Ave Luxe Condos Fought by Community Board[DNA Info]
- 01.18.2012 Construction Fences Surround Former St. Vincent's Hospital.[DNA Info]
- 01.03.2012 Construction Lending Shackles Loosen.[The Real Deal]
- 12.14.2011 Making Architecture Accessible.[NY Observer]
- 12.14.2011 Oil Magnate Drunk on West Side Condo.[New York Observer]
- 12.14.2011 Apthorp Developer Buys Rival Condo for $7 Million.[New York Observer]
- 12.14.2011 Recession Still Decimating Brokers Lives.[New York Observer]
- 12.14.2011 US Mortgage Applications Rise as Rates Drop.[The Real Deal]
Featured Articles
Better Days Ahead
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
learning how to do more with less. On the other hand, thousands upon thousands
of wealthy people are streaming into Manhattan and parts of the outer boroughs,
pursuing careers in finance, real estate, advertising, fashion, entertainment,
corporate law and other high-profile professions.
Read More
To Rent or Buy?
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.
Read More
Slicing the Apple
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. Some see it as fulfilling their dream to take a bite of the Big
Apple; others buy here to add to their property portfolio; while still others
purchase apartments for their (lucky) college-age children. Whatever the buying
motive may be, the trend has turned Manhattan into a recession-proof real
estate island.
Read More
A New Life for Midtown West
When you speak of Hell’s Kitchen and the far west side of Manhattan, the stories that come to mind are
of longshoremen, the notorious Westies and dark deserted urban streets, but
now, thanks to a the 7 Subway Line extension, a massive project undertaken by
the MTA, the docks are about to become a high-end residential neighborhood.
With Chelsea, New York City’s hottest neighborhood bordering the south, and the theater district directly
east, Hudson Yards is poised to become the newest “en vogue” neighborhood in Manhattan.
Read More
