Category Archives: Market Insight

Manhattan Luxury Apartment Prices Continue to Rise

Luxury apartment owners in Manhattan are listing a record number of properties for sale lately, with many testing the upper limits of what buyers are willing to pay. As a number of record-shattering deals are made throughout the borough, even … Continue reading

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Harlem Continues to Gain Ground as One of Manhattan’s Hottest Neighborhoods

With apartment prices going up over the past year and with demand for homes in the area going up, Harlem has slowly but surely become one of Manhattan’s hottest neighborhoods. Not only does it offer housing at a more reasonable … Continue reading

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5 Manhattan Real Estate Trends for 2014

With 2013 closing out on such a positive note, real estate experts are making many bold predictions for the Manhattan real market in 2014. Some of these predictions have been tempered, however, due to the rising mortgage rates expected in … Continue reading

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Manhattan Real Estate Market Ends 2013 on a Positive Note

According to recent reports, the Manhattan real estate market wrapped up 2013 on a positive note. While the 2013 figures are still far from the peak that was reached in 2008, the fourth quarter ended with surging sales and the … Continue reading

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Upper East Side Market Sees New Trends

Currently underway on the Upper East Side is work on the Second Avenue subway, a nearly $4.5 billion project that will ease crowding on the Lexington Avenue line and improve connections to Midtown and Downtown. The digging is almost done … Continue reading

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Rentals in Demand in Manhattan

The Upper West Side and the Upper East Side are playing Switcheroo when it comes to the most in-demand Manhattan neighborhood with renters. At the beginning of September, the Upper West Side grabbed back the number 1 spot, and the … Continue reading

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NoLita in Manhattan Retails Italian Character

Nolita is a beautiful neighborhood in Manhattan that is full of Italian charm.  Short for “North of Little Italy”, the area is bordered by Houston Street on the north, Broome Street on the south, Bowery on the east, and Lafayette … Continue reading

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Micro Apartments Becoming More Popular

Micro apartments usually range between 180 to 300 square feet, and these are surely becoming more popular among the bachelors and bachelorettes and even for some retirees. These people seek affordable places to live in the state’s most expensive cities. … Continue reading

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Manhattan Buyers Struggle in a Seller’s Market

In a city like Manhattan where only sellers’ brokers have exclusive contracts, representing the buyer can be a pretty tough job. And during these times, it can be tougher than ever, thanks to the ongoing inventory shortage affecting New York … Continue reading

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Westside Mansion Finally Sells

It seems that the long wait is over — the Schinasi Mansion at 351 Riverside St. has finally found a buyer. Of course, it took a long time (particularly seven long years) for it to be bought. And then there … Continue reading

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