For the second week in a row, the Manhattan luxury residential market experienced lackluster sales. According to the latest report from Olshan Realty, only nine contracts for properties $4 million and above, were signed during the week…
Category: Buying & Selling
After a lengthy foreclosure and bankruptcy process lasting nearly a decade, the auction of the site known as One Bennett Park, located at 29 Overlook Terrace in Upper Manhattan, will be auctioned. The auction was recently announced by New Y…
You could blame the new mansion tax for last week's flat Manhattan's luxury residential sales.performance. According to Olshan Realty's luxury market report for Manhattan properties $4 million or above, there were only nine propert…
Buyers who were looking to acquire homes before the city's new mansion and transfer taxes went into effect on July 1 was a factor in increased Manhattan co-op and condo sales during second quarter 2019. According to the latest Manhattan ma…
Despite some fits and starts , the process of converting 1,000 rooms at the Waldorf Astoria hotel into 375 condo units is nearly complete – and Chinese developer Anbang announced on June 11 th that it will be launching sales at…
A company that owns about an acre of land in Elmhurst, Queens had originally eyed a new condominium project to be built on that site. Instead, the company has put up the lot for sale with an asking price of $13.8 million. What hamstrun…
The site of an early 1900s single-family house in Washington Heights will be the future home of a new environmentally-conscious, technologically advanced condo development -- another indication of the latest changes happening to the old ne…
Updated 6/20/19, 9:53 a.m. You could own two pieces of property that once belonged to Donald Trump's former campaign manager Paul Manafort, courtesy of the American government. Manafort is currently a serving seven-and-a-half-year feder…
It sounded too good to be true when it was first publicized last year: buy an $85 million Manhattan penthouse condo, and you'll get two Rolls Royces and a trip to space as perks. Now it might've been just wishful thinking. The New York…
For a fleeting moment, it appeared as if Jeff Bezos had emptied his proverbial shopping cart and left New York behind after the fallout from the Amazon HQ 2 reversal . But it now seems like the famed billionaire and CEO of the …