Category Archives: New York City real estate

NYC Supertalls: Where Size Does Matter!

supertall buildings in NYC

Driving into Manhattan from Long Island one can’t help but notice that dotting the skyline are buildings that dwarf those around them! These, are the supertalls! Defined as a building that is greater than 984-feet tall, these buildings include the famous such as One World Trade Center as well as the infamous like 432 Park Avenue. […]

In 2017, NYC Residential Landlords Will See Their Pricing Leverage Decline And Shift To Renters!

NYC apartment rents declining

As a front row witness to the exorbitant and ever-increasing apartment rents being asked for and received by landlords across NYC, will 2017 see rents declining with a shift in power to the renters? Take heart New Yorker renters, you may finally have hand! April 9, 2016 in the article at the Hallmark Abstract blog titled, […]

NYC Real Estate: What To Expect In 2017…

NYC Real Estate: What Does 2017 Have In Store For The Market?

In 2017, with a new President in the White House, mortgage rates on the rise and New York City new construction both for sale and rent increasing, what can we expect from the NYC real estate market? Freelance journalist Emily Nonko, in conjunction with CityRealty, sought out some experts on the New York City real estate market in […]

Mega-Manhattan Mansion Sales Grind To A Virtual Halt

luxury real estate

For anyone who may be interested in throwing a low-ball bid at an apartment in Manhattan with an asking price of $100MM, now might actually be the time to do it! After recently examining the decline of the nosebleed-level apartment rents across U.S. markets like New York City (‘Apartment Rents: What Goes Up, Must Come Down!‘), today the […]

2015 Predictions: The State Of The New York City Housing Market

In 2014 the NYC housing market was bifurcated with listings below $1MM selling quickly while mega-listings above $5MM languished! Approximately 60% of homes between $500K and $1MM were on the market for under 60-days while 70% of those priced over $10MM were on the market for more than 60-days. (Source) So what can New Yorkers […]

NYC Real Estate: This Building is Big (the biggest), Expensive and Spectacular!

The tallest residential tower in the Western Hemisphere (for now), located of course in New York City, is finished and only exceeded in height by 1 World Trade Center! Expected to top out next week, this ultra-luxury building that was the creation of legendary New York-based developer Harry Macklowe and Los Angeles-based investment firm CIM […]

Top 10 most expensive NYC apartments currently for sale!

title insurance New York,New York City,Long Island

New York City’s most expensive apartments currently on sale and available for purchase! Available that is if you are among those fortunate few who could consider that these prices fall under the heading of ‘on sale’! For example did you just win the lottery? Your business just go public for Mark Zuckerberg-type money? Did you recently receive that […]

7,000 new apartments coming to Manhattan (Interactive Map)

While New York City trails other cities around the country in terms of residential buildings planned or under construction, 7,000 new apartments in Manhattan alone are on the drawing board or currently being built! We have had discussions in the Hallmark Abstract Service blog before that touched on the high cost of living in a […]

Student loans and living in NYC don’t always mix!

title insurance New York,New York City,Long Island

Living in New York City is not can’t be for everyone! Over the past few months we have written articles concerning the affordability of housing in New York City and how, whether for rent or for purchase, things have gotten much tougher for all but the super-wealthy! Infographic: The truth about the NYC apartment rental market! […]

New York City Real Estate: Co-Op and Condo defined!

Follow @Hallmark Abstract Service For anyone unfamiliar with the New York City housing market, residents there tend to have three basic options particularly in Manhattan: Rent or buy a Co-Op or a Condo! Yesterday in an article here we examined the median rents that are being charged in the various neighborhoods of New York City […]