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

NYC Residential Sales Market = a Mixed Bag in 2Q

REBNY Unveils Its Latest Survey

Manhattan Residential Prices Jump

New Sales Boon to Increased Market Activity

Report: Manhattan Condo and Co-op Sales Down in 2Q 2018

Meanwhile, Inventory Is Up

Events

Tue, Aug 27, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 27, 8:00pm – 11:00pm add to calendar 27-08-2019 20:00 27-08-2019 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

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.

Tue, Sep 3, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Sep 3, 8:00pm – 11:00pm add to calendar 03-09-2019 20:00 03-09-2019 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, Sep 10, 7:30am – 11:00am

Bisnow: Brooklyn State of the Market

Tue, Sep 10, 7:30am – 11:00am add to calendar 10-09-2019 07:30 10-09-2019 11:00 America/New_York Bisnow: Brooklyn State of the Market Brooklyn continues to see major construction development from the Innovation Coast to Downtown and beyond. With the arrival of the first of many super-tall buildings to the borough, Brooklyn will have to face the all-important question: who will be staying in these buildings and at what price? Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com. Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA MM/DD/YYYY

Bisnow: Brooklyn State of the Market

Brooklyn continues to see major construction development from the Innovation Coast to Downtown and beyond. With the arrival of the first of many super-tall buildings to the borough, Brooklyn will have to face the all-important question: who will be staying in these buildings and at what price? Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com.

Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA map

Tue, Sep 10, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Sep 10, 8:00pm – 11:00pm add to calendar 10-09-2019 20:00 10-09-2019 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, Sep 11, 2:00pm – 3:00pm

CAI Webinar: Save Yourself! Stress-Busting, Productivity-Boosting Time Management Tools

Wed, Sep 11, 2:00pm – 3:00pm add to calendar 11-09-2019 14:00 11-09-2019 15:00 America/New_York CAI Webinar: Save Yourself! Stress-Busting, Productivity-Boosting Time Management Tools We know you have so many different day-to-day tasks in a constantly changing and fast-paced environment. Not just anyone can do the jobs that you do! So how do you prioritize everything that seems like a priority? In this webinar, you’ll learn time management tools that will help you manage your employees, boards, and YOURSELF to increase productivity and reduce stress. You’ll walk away knowing how to differentiate between tasks that are achievable and those that are aren't. For information, visit www.caionline.org. MM/DD/YYYY

CAI Webinar: Save Yourself! Stress-Busting, Productivity-Boosting Time Management Tools

We know you have so many different day-to-day tasks in a constantly changing and fast-paced environment. Not just anyone can do the jobs that you do! So how do you prioritize everything that seems like a priority? In this webinar, you’ll learn time management tools that will help you manage your employees, boards, and YOURSELF to increase productivity and reduce stress. You’ll walk away knowing how to differentiate between tasks that are achievable and those that are aren't. For information, visit www.caionline.org.

Thu, Sep 12, 6:00pm – 8:00pm

CAI-LI Chapter Membership Meeting with Educational Seminar

Thu, Sep 12, 6:00pm – 8:00pm add to calendar 12-09-2019 18:00 12-09-2019 20:00 America/New_York CAI-LI Chapter Membership Meeting with Educational Seminar "Rentals in the Community". For information, visit www.cai-li.org. Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA MM/DD/YYYY

CAI-LI Chapter Membership Meeting with Educational Seminar

"Rentals in the Community". For information, visit www.cai-li.org.

Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA map

Tue, Sep 17, 7:30am – 11:00am

Bisnow: Brooklyn State of the Market

Tue, Sep 17, 7:30am – 11:00am add to calendar 17-09-2019 07:30 17-09-2019 11:00 America/New_York Bisnow: Brooklyn State of the Market As renters continue to flock to Brooklyn for more space and a discounted price, luxury vacancies are giving some developers pause. However, despite the loss of Amazon's departure from Long Island City, Brooklyn saw two of the most dynamic companies open up shop in the Borough. Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com. Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA MM/DD/YYYY

Bisnow: Brooklyn State of the Market

As renters continue to flock to Brooklyn for more space and a discounted price, luxury vacancies are giving some developers pause. However, despite the loss of Amazon's departure from Long Island City, Brooklyn saw two of the most dynamic companies open up shop in the Borough. Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com.

Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA map

Tue, Sep 17, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Sep 17, 8:00pm – 11:00pm add to calendar 17-09-2019 20:00 17-09-2019 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, Sep 18, 7:00pm – 8:00pm

CNYC: Condominium Survival Guidance

Wed, Sep 18, 7:00pm – 8:00pm add to calendar 18-09-2019 19:00 18-09-2019 20:00 America/New_York CNYC: Condominium Survival Guidance In the last three decades, condominiums have gone from a rarity to a highly popular form of home ownership. Unfortunately the law has not kept pace with the growth of condominiums and Boards must use an 18-page, 55-year-old law that was based on a Puerto Rican law to solve every problem, while other states have detailed Condominium Acts that provide boards and unit owners detailed guidance on how to operate their condominiums and clarity with regard to the rights and obligations of Boards and owners. This places the Board in a terrible position in attempting to operate a complex building and, deal with everyone’s demands. And then there are the myriad of city and state mandates: annual tests to perform, reports to file, deadlines to meet, coupled with day-to- day issues that can arise in the condo community. CNYC board chair Stuart Saft, Esq. will lead a discussion of these issues and others that you raise. Board members and unit owners of CNYC member condominiums are welcome at no cost, but advance registration is required. Non-affiliates are welcome, too, at a fee of $50 if paid in advance or $75 at the door. Please reserve your place at workshops@CNYC.coop or (212) 496-7400. Location TBD MM/DD/YYYY

CNYC: Condominium Survival Guidance

In the last three decades, condominiums have gone from a rarity to a highly popular form of home ownership. Unfortunately the law has not kept pace with the growth of condominiums and Boards must use an 18-page, 55-year-old law that was based on a Puerto Rican law to solve every problem, while other states have detailed Condominium Acts that provide boards and unit owners detailed guidance on how to operate their condominiums and clarity with regard to the rights and obligations of Boards and owners. This places the Board in a terrible position in attempting to operate a complex building and, deal with everyone’s demands. And then there are the myriad of city and state mandates: annual tests to perform, reports to file, deadlines to meet, coupled with day-to- day issues that can arise in the condo community. CNYC board chair Stuart Saft, Esq. will lead a discussion of these issues and others that you raise. Board members and unit owners of CNYC member condominiums are welcome at no cost, but advance registration is required. Non-affiliates are welcome, too, at a fee of $50 if paid in advance or $75 at the door. Please reserve your place at workshops@CNYC.coop or (212) 496-7400.

Location TBD map

Thu, Sep 19, 4:30pm – 5:30pm

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part IV: "Attorneys' Fees and Fines"

Thu, Sep 19, 4:30pm – 5:30pm add to calendar 19-09-2019 16:30 19-09-2019 17:30 America/New_York Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part IV: "Attorneys' Fees and Fines" Registration: 4:00 pm - 4:30 pm; seminar: 4:30 pm - 5:30 pm; networking cocktail reception: 5:30 pm - 6:30 pm. CLE APPROVED: This program is appropriate for both newly admitted and experienced attorneys. For information, visit www.andersonkill.com. Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA MM/DD/YYYY

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part IV: "Attorneys' Fees and Fines"

Registration: 4:00 pm - 4:30 pm; seminar: 4:30 pm - 5:30 pm; networking cocktail reception: 5:30 pm - 6:30 pm. CLE APPROVED: This program is appropriate for both newly admitted and experienced attorneys. For information, visit www.andersonkill.com.

Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA map

Tue, Sep 24, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Sep 24, 8:00pm – 11:00pm add to calendar 24-09-2019 20:00 24-09-2019 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

Thu, Sep 26, 9:00am – 12:00pm

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

Thu, Sep 26, 9:00am – 12:00pm add to calendar 26-09-2019 09:00 28-09-2019 12:00 America/New_York CAI: M-100: The Essentials of Community Association Management Successful community management starts with the essentials! 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. Successful completion of the M-100 can be the first step toward earning the CMCA credential, awarded by CAMICB. For information, visit www.caionline.org. White Plains, NY, USA (Location TBA) MM/DD/YYYY

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

Successful community management starts with the essentials! 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. Successful completion of the M-100 can be the first step toward earning the CMCA credential, awarded by CAMICB. For information, visit www.caionline.org.

White Plains, NY, USA (Location TBA) map

Thu, Sep 26, 4:00pm – 5:00pm

FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market

Thu, Sep 26, 4:00pm – 5:00pm add to calendar 26-09-2019 16:00 26-09-2019 17:00 America/New_York FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market We will discuss various ways for your property to stay relevant in this ever-changing market. Topics include: reimagining amenities; mechanical energy conservation measures; interior solutions; and exterior projects. More topics to be announced. 622 3rd Ave, 14th FL New York, NY 10017, USA MM/DD/YYYY

FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market

We will discuss various ways for your property to stay relevant in this ever-changing market. Topics include: reimagining amenities; mechanical energy conservation measures; interior solutions; and exterior projects. More topics to be announced.

622 3rd Ave, 14th FL New York, NY 10017, USA map

Tue, Oct 1, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 1, 8:00pm – 11:00pm add to calendar 01-10-2019 20:00 01-10-2019 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

Sat, Oct 5, 9:00am – 3:00pm

CAI-LI: Annual Trade Show

Sat, Oct 5, 9:00am – 3:00pm add to calendar 05-10-2019 09:00 05-10-2019 15:00 America/New_York CAI-LI: Annual Trade Show Are You A Board Member of a Co-op, Condo or HOA? Then you won’t want to miss this show! Board members and residents will find this educational event to be a valuable tool in finding service providers, meeting other Board Members and learning useful information regarding all practical matters of community living. For information, visit <a href="http://www.cai-li.org">www.cai-li.org</a>, or contact Christopher Byrnes or Eric Clemente: 631-882-8683, info@cai-li.org.  Hilton Long Island/Huntington, 598 Broadhollow Rd, Melville, NY 11747, USA MM/DD/YYYY

CAI-LI: Annual Trade Show

Are You A Board Member of a Co-op, Condo or HOA? Then you won’t want to miss this show! Board members and residents will find this educational event to be a valuable tool in finding service providers, meeting other Board Members and learning useful information regarding all practical matters of community living. For information, visit <a href="http://www.cai-li.org">www.cai-li.org</a>;, or contact Christopher Byrnes or Eric Clemente: 631-882-8683, info@cai-li.org. 

Hilton Long Island/Huntington, 598 Broadhollow Rd, Melville, NY 11747, USA map

Tue, Oct 8, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 8, 8:00pm – 11:00pm add to calendar 08-10-2019 20:00 08-10-2019 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, Oct 15, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 15, 8:00pm – 11:00pm add to calendar 15-10-2019 20:00 15-10-2019 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, Oct 16, 7:00pm – 8:00pm

CNYC's Proprietary Lease for the New Millennium

Wed, Oct 16, 7:00pm – 8:00pm add to calendar 16-10-2019 19:00 16-10-2019 20:00 America/New_York CNYC's Proprietary Lease for the New Millennium Attorney Marc J. Luxemburg, who is president of CNYC, led the development of a model Proprietary Lease and Shareholders Agreement, adapted to the 21st century needs of New York housing cooperatives. Version 2.20 includes suggestions received from many experts in the course of the development of this document. Mr. Luxemburg will discuss the major innovations of the new lease and will offer advice for ensuring its adoption. There is no cost for CNYC members and subscribers to attend this class, but advance registration is required. Others are welcome at a fee of $60 if paid in advance or $75 at the door. Call 212 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Continuing Legal Education credit is available to attorneys attending this class. Attorneys who work primarily with low income clients or those who themselves have modest incomes, may write to CNYC to request abatement of applicable fees. Location TBD MM/DD/YYYY

CNYC's Proprietary Lease for the New Millennium

Attorney Marc J. Luxemburg, who is president of CNYC, led the development of a model Proprietary Lease and Shareholders Agreement, adapted to the 21st century needs of New York housing cooperatives. Version 2.20 includes suggestions received from many experts in the course of the development of this document. Mr. Luxemburg will discuss the major innovations of the new lease and will offer advice for ensuring its adoption. There is no cost for CNYC members and subscribers to attend this class, but advance registration is required. Others are welcome at a fee of $60 if paid in advance or $75 at the door. Call 212 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Continuing Legal Education credit is available to attorneys attending this class. Attorneys who work primarily with low income clients or those who themselves have modest incomes, may write to CNYC to request abatement of applicable fees.

Location TBD map

Thu, Oct 17, 4:30pm – 5:30pm

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements"

Thu, Oct 17, 4:30pm – 5:30pm add to calendar 17-10-2019 16:30 17-10-2019 17:30 America/New_York Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements" In this lecture, our attorneys will highlight what to watch out for, what to negotiate for, and when it may be better to stand one’s ground and let a judge decide. From access concerns to zoning issues, you will leave this seminar with a firm understanding of what to negotiate for and how to select the right attorney to handle the job. For information,. www.andersonkill.com. Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA MM/DD/YYYY

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements"

In this lecture, our attorneys will highlight what to watch out for, what to negotiate for, and when it may be better to stand one’s ground and let a judge decide. From access concerns to zoning issues, you will leave this seminar with a firm understanding of what to negotiate for and how to select the right attorney to handle the job. For information,. www.andersonkill.com.

Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA map

Tue, Oct 22, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 22, 8:00pm – 11:00pm add to calendar 22-10-2019 20:00 22-10-2019 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

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News

8/22/2019 George Takei selling one-bedroom NYC condo for $1.35M - Realtor

Ready to live long and prosper in a New York City? “Star Trek” star and social media influencer George Takei is selling his apartment for $1.35 million.
Read full story

8/22/2019 New buildings are transforming Brooklyn’s homiest neighborhood - NY Post

When Imani Ribadeneyra and Tosan Eyetsemitan were hunting for their first apartment together, they wanted a luxury building in a charming area.
Read full story

8/22/2019 Developer Jason Lee accused of defrauding investors at High Line condo project - The Real Deal

Developer Jason Lee and his company Six Sigma NYC are being accused of defrauding investors in their Chelsea residential project at 517-523 West 29th Street, in a new lawsuit.
Read full story

8/22/2019 Meryl Streep just slashed the price of her NYC penthouse - NY Post

Three-time Oscar winner Meryl Streep has cut the price of her Tribeca penthouse.
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8/21/2019 Priciest Penthouses List at Upper West Side’s New Tallest Tower - The Wall Street Journal

A pair of penthouses in an under-construction tower on New York’s Upper West Side are slated to go on the market for roughly $40 million apiece, according to the developers.
Read full story

8/21/2019 Suffern, N.Y.: A Pedestrian-Friendly Place With City Access - NY Times

After being transferred to a job in Mahwah, N.J., Andrew Mitchell was hoping for a pedestrian-friendly neighborhood like the one he had left behind in Annapolis, Md.
Read full story

8/21/2019 Sleek duplex co-op in Nolita’s Police Building asks $1.925M - Curbed

Back in May, a penthouse in Nolita’s iconic Police Building—where the police headquarters were once located—listed for $19.5 million. Now, for a fraction of that price, a duplex co-op in the building has just listed, asking $1.925 million.
Read full story

8/20/2019 How to Buy a Sectional Sofa - NY Times

What’s so great about a sectional sofa?
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8/20/2019 Klosed Properties acquires 6,048 s/f condo building - NY Real Estate Journal

Klosed Properties has acquired 541 Myrtle Ave., a commercial condominium building. The property consists of three retail units combined for a total of 6,048 s/f in the Clinton Hill neighborhood.
Read full story

8/20/2019 Apartments in Financial District are languishing - Bloomnberg

Apartments in Manhattan’s Financial District aren’t exactly trading like blue chips on the nearby New York Stock Exchange.
Read full story

8/16/2019 Median Rent in Manhattan Rises for 47th Straight Month - Mansion Global

Rents in Manhattan rose for the 47th straight month in July, as potential buyers continued to stay put in their rentals, according to a Douglas Elliman report released Thursday.
Read full story

8/16/2019 Ariel tapped to market pair of commercial condo buildings - Real Estate Weekly

Ariel Property Advisors has been retained on an exclusive basis by Adam America Real Estate to market commercial condominiums at 717 Driggs Avenue in Williamsburg and 317 Schermerhorn Street in Downtown Brooklyn. The collective asking price for the two Brooklyn properties is $10.7 million.
Read full story

8/16/2019 Paul Schrader Writes Himself Out of Manhattan Condo - Variety

After almost a decade of ownership, vaunted veteran movie scribe and director Paul Schrader plans to write himself out of a glass-walled condominium in New York City’s trendy, art-gallery filled West Chelsea neighborhood with a ticket price of $3.25 million.
Read full story

8/15/2019 Upper West Side tower tops out amid legal feud - Curbed

A controversial Upper West Side condo tower has topped out at 52 stories despite an ongoing legal battle over whether the project violates the city’s zoning resolution.
Read full story

8/15/2019 Two-Bedroom Condo in Bushwick With Good Looking Kitchen, Deck, Garden Asks $950K - Brownstoner

This resale in a recently built condo in Bushwick has an attractive garden and finishes — not to mention two bedrooms and 1.5 baths — but the floor plan presents challenges.
Read full story

8/15/2019 Councilwoman claims hostel bill would deflate Airbnb - Crain's New York Business

A resuscitated hostel industry could be the last gasp for illegal Airbnb rentals, a Manhattan lawmaker argued Wednesday.
Read full story

8/15/2019 Celebrity event guru Colin Cowie’s old condo to hit market - NY Post

The former home of celebrity wedding planner Colin Cowie at 12 E. 12th St. will soon hit the market for $12.49 million.
Read full story

8/14/2019 Bedbugs are giving Airbnb users headaches… and itchy bites - CNET

Terri was fast asleep when her phone rang. It was midnight on a Tuesday in early May. Despite the hour, she answered the call because it was from a guest at her Airbnb rental. The news she got was alarming.
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8/14/2019 Inwood rezoning opponents take their battle to court - Curbed

A lawsuit that seeks to block the de Blasio administration’s fiercely contested Inwood rezoning pushed forward in Manhattan Supreme Court, more than a year after the City Council green-lit the proposal.
Read full story

8/13/2019 7 Condos You Could Buy In New York For The Same Price As Tumblr - BuzzFeed

Tumblr — one of the OG blogging sites — just sold. Its owner, Verizon, agreed to let it go to Automattic, which runs WordPress.com, for a price reported to be less than $3 million.
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