Tag Archives: Manhattan 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, […]

2016 Final Results: NYC Residential Real Estate Statistics For Sales $4 Million And Up

A report compiled by Olshan Realty provides a complete rundown of the 2016 results in the NYC/Manhattan residential real estate market for sales above $4 million!  2016 ‘saw an 18% decline in contracts over 2015. Year to date, 1102 properties had contracts signed totaling $8,937,866,862. The numbers are higher than 2012, but below the golden years […]

FinCEN Disclosures (Geographic Targeting Orders) For Cash Real Estate Transactions Expanded!

unintended consequences

  August 12th Hallmark Abstract Service examined the unintended consequences that resulted from the government edict intended to address one issue while impacting another one! The article titled ‘New York City Real Estate, Government Edicts And The Inevitable Unintended Consequences!‘ looked at the result from the requirement for title insurance company’s to disclose the actual […]

New York City Real Estate, Government Edicts And The Inevitable Unintended Consequences!

unintended consequences

Most if not all of us have heard the phrase that ‘the road to hell is paved with good intentions’! Given that, is it also a sad truth that many government policies once implemented, have unintended consequences the majority of which seem to be more painful than helpful for the masses? For the sake of this argument and […]

New York City Ultra-Luxury Real Estate – Is The Sky Falling Or…

NYC luxury real estate market

Summary: NYC Ultra-Luxury Residential Real Estate Market Targeted At The Superrich Getting Soft? Has the market reached a tipping point or is this merely the pause that refreshes? Is the sky staying right where it’s supposed to be but the prices for apartments located there certainly seem, shall we say, soft? In-other-words, in terms of the ultra-expensive listings […]

10 Important Articles Ranging From Real Estate To Mortgages To Stocks To China To College…

general news

The links below are to articles at news sources that include traditional as well as new media covering issues ranging from China to real estate to a college education! In reality, however, in one way or another all of these issues are inextricably intertwined. Disappointing Earnings From A High-end Real Estate Focused Retailer! Is This Anecdotal Evidence Of […]

2015 Top 20 New York City Residential Real Estate Sales (By Price)

residential real estate,NYC,Manhattan,New York City

As was the case in 2014, 2015 witnessed a great many extremely large residential real estate transactions closing in NYC! The entirety of the Top 20 sales occurred in the borough of Manhattan! Of these twenty mega-deals, seven of them occurred at the ultra-luxury building One57 that has been dubbed by some ‘The Billionaire Building’. One57 is located at 157 […]

Is there anecdotal evidence that the NYC real estate bubble may be about to burst?

Manhattan rents,NYC real estate,real estate bubble

Summary: Has the bubble in New York City real estate been fully reflated and is about to burst? The highest rental apartment vacancy rate in 9-years coupled with a construction boom and concessions being offered to attract tenants suggests that the answer may be yes! ‘Manhattan Rental Apartment Vacancies Hit A 9-Year High! (Video)’ This sparks the question […]

State Of The Manhattan Residential Real Estate Market (Statistics)

With debate constantly swirling about the condition of the Manhattan, New York residential real estate market, here are some facts! From April 2015 to May 2015… FOR COOPS  Average sales price increased to $1,328,430 from $1,306,695 Median sales price increased to $900,000 from $732,500 Discount from Original Asking Price decreased to 4.0% from 4.2% Discount […]