Category: Real Estate Trends

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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Real Estate Trends
'Bargain' Condos Selling Well...

While reports show a citywide trend of sellers scaling back asking prices for co-ops and condo units, AM New York reports that the under-$1 million tier is holding its own, and the $500,000ish market actually seems to be in pretty good …

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Real Estate Trends
Condo Contract Crisis?

The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a deca…

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Real Estate Trends
Pied-à-Terre Tax Effort Revived

Bloomberg Quint reports that another blow may be heading toward the  high-end real estate market,  in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…

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Real Estate Trends
Glass vs. Masonry

Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential towers rise over the cityscape, even in neighborhoods that have been bastions of the world-class architecture that gives the …

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Real Estate Trends
Lobby Decor

While not usually considered an amenity per se, an elegantly appointed lobby can be both a draw for prospective purchasers and a welcoming space for residents in co-op and condominium communities. While some communities furnish their lobbie…

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