Tag: new this week

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…

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…

The viability of the 421-a tax abatement was up in the air last month as the New York State Senate passed sweeping reforms via a rent regulation bill which has caused quite a stir in the real estate community.  After pushback from …

The performance of the Brooklyn and Queens residential markets during second quarter 2019 can simply be summed up as this: rising median sales prices and declining number of sales. According to new 2Q 2019 reports released by Douglas Ellim…

Reducing energy waste not only cuts costs for buildings and associations, but also helps reduce a community's environmental footprint. In this clip, an HV/AC expert tells us how incorporating thermostatic radiator valves in your community c…

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…

The Bronx may not be known as NYC's most glamorous borough, but a drive through the city's northernmost section reveals signs of renewal and development that would've been almost unthinkable just a few years ago. From new apartment construc…

Property managers wear many hats and have job descriptions covering everything from bidding out capital projects to mediating spats between neighbors -- so how do individual managers determine what needs to be done, and when? In this clip, …