Category: Real Estate Trends

Real Estate Trends
Climate Act Compliance

While many NYC building owners and managers have committed to reduce energy waste in their properties, promote efficiency, and strive for a greener city and planet, the sweeping nine-bill Climate Mobilization Act passed in May of 2019 and t…

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Real Estate Trends
Fitting in Fitness

The most popular amenity by far in apartment communities—whether co-op, condo, or rental—is a gym. Even in small buildings, where space for extras is at a premium, boards look for ways to add a fitness room somewhere, anywhere, they can wed…

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Real Estate Trends
Ten Years of NYC Home Sales

amNewYork gives the borough-by-borough breakdown of residential sales over the last decade as the 2010s come to a close. Overall, the city saw real estate prices increase between the first quarter of 2010 and the fourth quarter of 2019,…

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Real Estate Trends
Sell vs. Sublet

As the New York co-op and condo markets continue to cool, the question for many a would-be seller is whether to absorb the contraction is prices, or to rent out their unit and wait for the market to make a comeback. The answer may be conti…

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Real Estate Trends
Major Building Construction Projects

Most buildings will have to undergo some kind of exterior or facade-related work at some point in their useful lives - it's inevitable. But sometimes those projects can be noisy, dusty, and disruptive to not just the building being worked o…

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Real Estate Trends
Small Building Challenges

Like people, co-op and condo buildings come in all shapes and sizes, and have different personalities and tastes. Regardless of size however, all buildings face similar challenges – coping with ever-increasing numbers of deliveries, for exa…

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Real Estate Trends
From Charity to Luxury

A former Salvation Army distribution center at 26 Quincy Street in Brooklyn's Clinton Hill neighborhood is slated to be internally renovated into a 49 condominium units by development partners Loktech Group and Meral Property Group. The par…

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Real Estate Trends
Get Out!

If selling is an art, then real estate agents are in many ways like landscape painters -- in other words, they prefer a vista without human characters. It’s not that they don’t like people; it’s because it’s much easier for a prospectiv…

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Real Estate Trends
Manhattan Sales Prices Drop

Owners looking to make a killing on their apartments are getting a cold splash of reality, according to a recent report from Marketproof. While sales prices in the NYC market have indeed increased by some 43% since 2006, in many cases, sell…

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