Report: Manhattan Co-op and Condo Sales Prices Rose for 5th Year in a Row Douglas Elliman's Latest Study Covers Price Trends From 2008 to 2017

By David Chiu 5 February 2018 Buying & Selling Real Estate Trends Finance

(iStock.com)

Market wide, sales prices for co-ops and condos in Manhattan have been rising steadily year-over-year for the fifth consecutive year.

That is according to the latest study, 2017 Manhattan Decade Sales Report, released by Douglas Elliman and prepared by Miller Samuel.

Both the average and median sales prices have trended upward since 2013 for co-ops and condos in that particular borough, based on figures from the report:

Average Sales Price

2013: $1,442,753

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Events

Tue, Jun 25, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 25, 8:00pm – 11:00pm add to calendar 25-06-2019 20:00 25-06-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page.

Wed, Jun 26, 2:00pm – 3:00pm

CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees

Wed, Jun 26, 2:00pm – 3:00pm add to calendar 26-06-2019 14:00 26-06-2019 15:00 America/New_York CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees Community association managers can take preventative measures to avoid the increasing employer liability associated with the "Me Too" movement. The webinar will explain how the members of community associations can create hostile work environment liability for the association, and how boards can reduce this liability. For information, visit www.caionline.org. MM/DD/YYYY

CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees

Community association managers can take preventative measures to avoid the increasing employer liability associated with the "Me Too" movement. The webinar will explain how the members of community associations can create hostile work environment liability for the association, and how boards can reduce this liability. For information, visit www.caionline.org.

Tue, Jul 2, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 2, 8:00pm – 11:00pm add to calendar 02-07-2019 20:00 02-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jul 9, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 9, 8:00pm – 11:00pm add to calendar 09-07-2019 20:00 09-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Wed, Jul 10, 2:00pm – 3:00pm

CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work

Wed, Jul 10, 2:00pm – 3:00pm add to calendar 10-07-2019 14:00 10-07-2019 15:00 America/New_York CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work Does success make you happy or does happiness makes you successful? For many of us, we always believed that if we had money, a great job, a nice car, then happiness would follow. But, recent discoveries have shown that this is incorrect, particularly at work Happiness does fuel success and improves performance at work. Studies show that if we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive on the job. At a time when our society faces unusual polarization and conflict, happiness offers leaders the means to meet those challenges with clarity, openness, and compassion. For information, visit www.caionline.org. MM/DD/YYYY

CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work

Does success make you happy or does happiness makes you successful? For many of us, we always believed that if we had money, a great job, a nice car, then happiness would follow. But, recent discoveries have shown that this is incorrect, particularly at work Happiness does fuel success and improves performance at work. Studies show that if we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive on the job. At a time when our society faces unusual polarization and conflict, happiness offers leaders the means to meet those challenges with clarity, openness, and compassion. For information, visit www.caionline.org.

Thu, Jul 11, 7:30am – 11:00am

Bisnow: Future of Harlem Summit

Thu, Jul 11, 7:30am – 11:00am add to calendar 11-07-2019 07:30 11-07-2019 11:00 America/New_York Bisnow: Future of Harlem Summit Harlem's cultural history will continue to be a driving factor for developers looking to add to the community density. As East Harlem and other sections of Upper Manhattan fall under the Opportunity Zone program os 2017, it will be interesting to see what sorts of new capital investments flood into the neighborhood and how local community leaders can work with developers to support Harlem's growth. Find out all the answers at Bisnow's Future of Harlem Summit. For information, visit www.bisnow.com. Location TBA MM/DD/YYYY

Bisnow: Future of Harlem Summit

Harlem's cultural history will continue to be a driving factor for developers looking to add to the community density. As East Harlem and other sections of Upper Manhattan fall under the Opportunity Zone program os 2017, it will be interesting to see what sorts of new capital investments flood into the neighborhood and how local community leaders can work with developers to support Harlem's growth. Find out all the answers at Bisnow's Future of Harlem Summit. For information, visit www.bisnow.com.

Location TBA map

Thu, Jul 11, 9:00am – 12:00pm

CAI: M-100: The Essentials of Community Association Management

Thu, Jul 11, 9:00am – 12:00pm add to calendar 11-07-2019 09:00 13-07-2019 12:00 America/New_York CAI: M-100: The Essentials of Community Association Management This comprehensive community association management course provides a practical overview for new managers, an essential review for veteran managers and an advanced course for board members. You’ll receive a 400-page participant guide filled with dozens of sample forms and time-saving tips for working with homeowners, vendors, managers and other professionals. Successful completion of this course is the first step in obtaining a professional designation in community association management. For information, visit www.caionline.org. Sheraton Hartford South Hotel, 100 Capital Blvd, Rocky Hill, CT 06067, USA MM/DD/YYYY

CAI: M-100: The Essentials of Community Association Management

This comprehensive community association management course provides a practical overview for new managers, an essential review for veteran managers and an advanced course for board members. You’ll receive a 400-page participant guide filled with dozens of sample forms and time-saving tips for working with homeowners, vendors, managers and other professionals. Successful completion of this course is the first step in obtaining a professional designation in community association management. For information, visit www.caionline.org.

Sheraton Hartford South Hotel, 100 Capital Blvd, Rocky Hill, CT 06067, USA map

Tue, Jul 16, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 16, 8:00pm – 11:00pm add to calendar 16-07-2019 20:00 16-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Wed, Jul 17, 6:00pm – 9:00pm

CAI-LI: Summertime Social

Wed, Jul 17, 6:00pm – 9:00pm add to calendar 17-07-2019 18:00 17-07-2019 21:00 America/New_York CAI-LI: Summertime Social For information, visit www.cai-li.org. Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA MM/DD/YYYY

CAI-LI: Summertime Social

For information, visit www.cai-li.org.

Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA map

Wed, Jul 17, 7:00pm – 8:00pm

CNYC: Onboarding New Board Members

Wed, Jul 17, 7:00pm – 8:00pm add to calendar 17-07-2019 19:00 17-07-2019 20:00 America/New_York CNYC: Onboarding New Board Members Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Location TBA MM/DD/YYYY

CNYC: Onboarding New Board Members

Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place.

Location TBA map

Tue, Jul 23, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 23, 8:00pm – 11:00pm add to calendar 23-07-2019 20:00 23-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Mon, Jul 29, 10:00am – 6:00pm

REBNY's Annual Golf & Tennis Outing

Mon, Jul 29, 10:00am – 6:00pm add to calendar 29-07-2019 10:00 29-07-2019 18:00 America/New_York REBNY's Annual Golf & Tennis Outing Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com. North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA MM/DD/YYYY

REBNY's Annual Golf & Tennis Outing

Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com.

North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA map

Tue, Jul 30, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 30, 8:00pm – 11:00pm add to calendar 30-07-2019 20:00 30-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Aug 6, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 6, 8:00pm – 11:00pm add to calendar 06-08-2019 20:00 06-08-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Aug 13, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 13, 8:00pm – 11:00pm add to calendar 13-08-2019 20:00 13-08-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Wed, Aug 14, 9:00am – 11:00am

CAI-Hudson Valley: Industry Debates

Wed, Aug 14, 9:00am – 11:00am add to calendar 14-08-2019 09:00 14-08-2019 11:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org" target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>. Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA MM/DD/YYYY

CAI-Hudson Valley: Industry Debates

Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org"; target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>;.

Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA map

Wed, Aug 14, 1:00pm – 3:00pm

CAI-Hudson Valley: Industry Debates

Wed, Aug 14, 1:00pm – 3:00pm add to calendar 14-08-2019 13:00 14-08-2019 15:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&sa=D&ust=1560799438900000&usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>. Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA MM/DD/YYYY

CAI-Hudson Valley: Industry Debates

Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&sa=D&ust=1560799438900000&usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>;.

Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA map

Thu, Aug 15, 7:30am – 11:00am

Bisnow: Bronx State of the Market

Thu, Aug 15, 7:30am – 11:00am add to calendar 15-08-2019 07:30 15-08-2019 11:00 America/New_York Bisnow: Bronx State of the Market The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com. Location TBD MM/DD/YYYY

Bisnow: Bronx State of the Market

The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com.

Location TBD map

Tue, Aug 20, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 20, 8:00pm – 11:00pm add to calendar 20-08-2019 20:00 20-08-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Wed, Aug 21, 2:00pm – 3:00pm

CAI-Webinar: Miss Deeds: Gathering Evidence for the Enforcement of Rules and Restrictions

Wed, Aug 21, 2:00pm – 3:00pm add to calendar 21-08-2019 14:00 21-08-2019 15:00 America/New_York CAI-Webinar: Miss Deeds: Gathering Evidence for the Enforcement of Rules and Restrictions Board members and managers deal with residents violating rules and restrictions on a regular basis. Addressing pet violations, noise and smell nuisances, rental restrictions, and unapproved architectural modifications can be daunting. Gathering evidence to enforce your community’s documents—sometimes referred to as the master deed or declaration of covenants, conditions, and restrictions—can present its own set of challenges For information, visit <a href="https://www.google.com/url?q=http://www.caionline.org&sa=D&ust=1561579047870000&usg=AOvVaw1wsvZ8m6V8DdGEzfUpRbQ3" target="_blank">www.caionline.org</a>. . MM/DD/YYYY

CAI-Webinar: Miss Deeds: Gathering Evidence for the Enforcement of Rules and Restrictions

Board members and managers deal with residents violating rules and restrictions on a regular basis. Addressing pet violations, noise and smell nuisances, rental restrictions, and unapproved architectural modifications can be daunting. Gathering evidence to enforce your community’s documents—sometimes referred to as the master deed or declaration of covenants, conditions, and restrictions—can present its own set of challenges For information, visit <a href="https://www.google.com/url?q=http://www.caionline.org&sa=D&ust=1561579047870000&usg=AOvVaw1wsvZ8m6V8DdGEzfUpRbQ3"; target="_blank">www.caionline.org</a>;. .

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6/24/2019 Jennifer Lopez, Alex Rodriguez sell 432 Park pad for under ask - NY Post

Engaged celebs Jennifer Lopez and Alex Rodriguez have officially sold their aerie at the glitzy 432 Park Ave. tower in Midtown Manhattan — and the buyer got a discount, to boot.
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6/24/2019 Moving This Summer? Consider a Hard Hat - NY Times

Looking to move in New York City? Meet your new neighbors: the demolition crew.
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6/24/2019 High NYC housing costs contribute to poorer quality of life - NY Post

Millions of New Yorkers pay dearly to keep a roof over their heads, which hurts them in many ways.
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6/21/2019 A Condo That Nods to Art Deco Design - NY Times

In calling itself Rose Hill, after an old Manhattan neighborhood, a condo that’s rising on East 29th Street is breathing new life into a once-venerable name.
Read full story

6/21/2019 Teaching Urban Youth About Real Estate Investing—With Help From A-Rod - Barron's

Ramgelly Espinosa adjusted her lavender-frame eyeglasses and scanned the room, sizing up the competition.
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6/21/2019 Swanky townhouse renovated after fire sells for $19M - NY Post

An Upper East Side townhouse that had been ravaged by a 2017 fire has sold for $19 million.
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6/20/2019 City targets illegal $5 million Airbnb ring - Crain's New York Business

City officials are going after a group of landlords, accusing them of operating a ring of illegal short-term rentals that they marketed on popular booking sites including Airbnb, booking.com and homeaway.com.
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6/20/2019 ‘Wall Street’ producer lists Upper East Side penthouse for $9.75M - NY Post

Edward Pressman, who famously produced the 1987 film “Wall Street” (as well as more than 80 others), is putting his Upper East Side penthouse on the market for $9.75 million.
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6/20/2019 Cher’s old NYC penthouse listed for $7.55M - NY Post

You can’t turn back time, but you can tour Cher’s former penthouse.
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6/19/2019 People Are Taking Emotional Support Animals Everywhere. States Are Cracking Down.- NY Times

A 26-year-old Starbucks barista in the suburbs of Tampa known as Vayne Myers has suffered from anxiety ever since he was a child. A co-worker suggested he try an emotional support animal.
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6/19/2019 JLo and A-Rod find buyer for condo owned less than a year - NY Post

Jennifer Lopez and Alex Rodriguez have found a buyer for their luxe home at 432 Park Ave. in Midtown.
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6/18/2019 Manhattan’s Luxury Homes Are Still ‘Overpriced’: Report - Mansion Global

Manhattan's luxury housing market logged another moderately strong week, though overpriced homes continue to languish on the market for months if not years, according to a roundup of pending sales from Olshan Realty on Monday.
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6/18/2019 Historic Clinton Hill condo with swoon-worthy backyard wants $2.5M - Curbed

Just in time for summer, a Clinton Hill apartment with an enviable amount of outdoor space is on the market for $2.5 million.
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6/18/2019 Landlords must spend $20 billion for carbon cuts - Crain's New York Business

Two months ago the City Council mandated some of the most ambitious carbon-cutting goals in the country when it passed a package of laws that will require large buildings here to cut their emissions by 40% by 2030.
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6/18/2019 Community land trusts score crucial funds in city budget - Curbed

The latest city budget includes $750,000 to grow an underutilized housing model that creates affordable homes in rapidly gentrifying communities—a major win for housing advocates.
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6/18/2019 Anonymous buyer shells out $39M for 220 Central Park South condo - The Real Deal

A second anonymous buyer snapped up a pad at Vornado Realty Trust’s 220 Central Park South in recent months, as the limestone tower nears completion.
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6/17/2019 How New York’s Skyline Is Changing to Give the Wealthy a Better View - NY Times

Many of the new buildings are luxury residential high-rises, part of a trend in major cities around the world fueled by increased land and construction costs and by more demand from high-end buyers.
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6/17/2019 This Empty Lot Is Worth Millions. It’s Also an African-American Burial Ground. - NY Times

The flier advertising a near-one-acre plot of land for sale in Elmhurst, Queens, looks like a typical real estate listing.
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6/17/2019 New looks at Crown Building’s ultraluxury condo conversion - Curbed

There’s no shortage of over-the-top, high-priced condos in Manhattan, but one ultra-luxury project near the sky-piercing skyscrapers of Billionaires’ Row that has managed to fly somewhat under the radar.
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6/17/2019 Tenant advocates and real estate insiders react to New York’s rent law reform - Curbed

A sweeping series of reforms that would strengthen rent regulation protections and extend them to renters across New York state have passed in the state Senate and are poised to do the same in the Assembly, one day before the state’s current rent regulation package is set to expire.
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