Despite ongoing struggles across the NYC condominium and cooperative market as a result of both the COVID-19 pandemic and multiple factors depressing those markets even before the pandemic hit, Astoria continues to hold its own. According …
Tag: real estate market
On a tree-lined block on Lower Manhattan’s west side recently dubbed Hudson Square, a trio of brick walk-ups at 47-49 King Street contains 13 co-op units that rarely come to market. Currently listed is “a particularly rare find,” according …
As Halloween approaches, buyers and sellers of real estate might do well to keep in mind that residential properties - be they condo, co-op, or single-family house - have a past. What’s more, that past might still be lurking around in close…
The effects of COVID-19 on the real estate market are among the strangest and most talked-about repercussions of the pandemic. Rents have dropped in many top shelf Manhattan neighborhoods - such as the Upper West Side, for example - by more…
A famous scene in a 1980s Woody Allen film features two real estate agents trudging toward each other from opposite directions in the desert. Both appear battered, their clothes frayed, their hair and beards unkempt. When they meet, one ask…
The Real Deal reports that Sush Torgalkar is leaving his role as CEO of Extell Development not even two years after coming on board from Westbrook Partners. It is the latest in a series of high-level departures from the prolific New Y…
As condo associations and co-ops across the nation (and the world) contend with establishing reopening procedures and monitoring protocols for their existing amenities after COVID-related shutdowns, buildings that are still in development …
In an August 19 press statement, the Real Estate Board of New York (REBNY) reported that while total investment and residential sales volume increased 11% to more than $3.95 million between June 2020 to July 2020, “These transactions, criti…
According to a new Harris Poll, nearly one third of Americans are considering moving to a less densely populated area due to the coronavirus. They’re prioritizing larger apartments with enough room for home offices and access to private out…
According to two market reports released by the Real Estate Board of New York (REBNY), NYC is facing some formidable challenges as the city finds its way out of the economic weeds it was thrown into by the coronavirus pandemic. REBNY’…