Tag Archives: NYC rental market

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 […]

Interactive NYC Neighborhood Map: Rent-to-Income Ratios

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So you want to rent an apartment in New York City but you’re not sure what neighborhood will give you the biggest bang for your rental buck? The sad answer is that wherever you choose to live, the percentage of income you will need to dedicate to pay that rent is high! How high? That of […]

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’s first modular multifamily high-rise!

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For many people the term modular or prefabricated housing conjures up visions of small and generally unappealing structures consisting of a square or rectangular design! And, many years ago, that was indeed the case. But in the single-family residential market the construction and design of these homes has come a long, long way. The Stack […]

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 […]

Real Estate Terms 101!

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In New York City as well as in other major metropolitan areas around the country, many people will live in rental apartments until some type of life event causes them to think about buying a home instead! This can occur for many reasons such as starting a family, educational opportunities or perhaps a raise that […]