For decades, the due diligence required for real estate transactions has fallen more to the seller than the buyer. Would the buyer qualify for the purchase? Would they pass the board interview? Co-op owners wishing to sell their units often…
Tag: Douglas Elliman
A milestone has been reached for a new condominium development in Manhattan's Tribeca neighborhood that was the former home of the New York Life Insurance Company. According to a recent press statement, 108 Leonard has announced its immedi…
The performance of the Brooklyn and Queens residential markets during second quarter 2019 can simply be summed up as this: rising median sales prices and declining number of sales. According to new 2Q 2019 reports released by Douglas Ellim…
Buyers who were looking to acquire homes before the city's new mansion and transfer taxes went into effect on July 1 was a factor in increased Manhattan co-op and condo sales during second quarter 2019. According to the latest Manhattan ma…
Unlike the residential markets in Manhattan and Brooklyn, co-op and condo sales in Queens have shown some resilience in 2018 -- but signs of trouble may be beginning to materialize. According to Douglas Elliman’s recent fourth quarter …
A new report released today by Douglas Elliman painted a less-than-rosy picture of Manhattan condo and co-op sales performance from the past five years. According to The Real Deal , Elliman's study stated that the annual number of…
Second of a two-part series; read part one here . To the major relief of commuters who normally travel between Brooklyn and Manhattan via the L subway, a potential nightmare was averted when Gov. Andrew Cuomo surprisingly earlier this …
First of a two-part series; read part two here . For the 225,000 commuters who normally take the L train from Brooklyn to Manhattan, April 27, 2019 would have been doomsday. On that date, the MTA was supposed to have completely shut dow…
The Brooklyn and Queens residential markets both saw a slight rise in median sales price but accompanied by falling sales numbers during the fourth quarter of 2018, according to Douglas Elliman in its latest quarterly reports for th…
Even amid a slowdown in the Manhattan real estate market, co-op sales in that borough performed well in the fourth quarter of 2018 compared to condos, according to a new report by Douglas Elliman released today. The brokerage…