Well, that was fast! Back in October, CooperatorNews cited reporting from The Real Deal on the recent purchase of the last developer-held residential unit in the iconic Puck Building on the corner of Houston and Lafayette Streets in…
One of the main considerations in selecting an apartment for purchase is whether the unit is in move-in condition or requires renovation. This is not a new question, though perhaps surprisingly, attitudes have shifted in recent years - espe…
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…
Real estate brokerage and data analyst SERHANT. reports that the second quarter of 2021 showed that Manhattan is experiencing a major rebound in all types of residential sales compared to the same quarter last year. In fact, the number of s…
In the wake of the pandemic and in anticipation of the recovery to come, do New York City co-ops and condominiums need to consider setting themselves apart to compete in the market? The answer is yes - but the bigger question is, how? What…
Back in the ‘Gilded Age’ of the 1980s and 90s, Robin Leach hosted a popular TV show called Lifestyles of the Rich and Famous. His show, along with soapy series melodramas like Dynasty and Dallas gave the rest of us a front-row s…
After a strong January and February, real estate demand in New York City - particularly in Manhattan, Brooklyn, and parts of Queens - is seeing a surge as we enter the spring months. According to Mansion Global , new signed contracts f…
2020 was a year like no other for the residential real estate market, and the market is still feeling the effects. The onset of the COVID-19 pandemic in the late winter and early spring of last year set off a series of whiplashing shifts.…
As developers struggle to offload excess condo inventory in an oversaturated market that at least partially stalled at the onset of the coronavirus pandemic, it is widely reported that investors and mezzanine lenders have swooped in wit…
In a report released on January 28, NYC-based trade association the Real Estate Board of New York (REBNY) notes that after three consecutive record lows, confidence among the city’s real estate brokers appears to have rebounded in the last …