Meh-hattan Apartment Prices and the Phantom Double-Dip
The fourth-quarter Manhattan housing numbers came out on Tuesday. The Times said up, The Journal said down. Corcorcan saw one thing, Halstead another. Who’s right, who’s wrong, what gives? Naturally,...
View ArticleManhattan Leasing Activity Hits Four-Year High: Slowdown Ahead?
Not since that ebullient fall of 2006 have Manhattan office brokers been so busy. Leasing activity hit a four-year high in 2010, according to Cushman & Wakefield’s fourth-quarter Manhattan office...
View ArticlePresident Obama Still Holding Back Manhattan Housing
There have been so many high-profile sales in Manhattan in the first quarter of the year, at the same time unemployment falls and apartments are—goodness!—disappearing. How is it, then, that housing...
View ArticleReal Estate Reports: Things Aren’t Great Right Now, But Future Looks O.K.
Real Estate Market Looks to be Muddling Along (Flodigrip's World, flickr) It’s crystal ball time again, in which we use the past, the present and market reports to look into the future of real estate...
View ArticleManhattan Real Estate Market: Still Crazy, Just Not As Crazy As We Thought
As expensive as ever (http2007, flickr) After watching the world’s wealthiest snap up one trophy property after the next—a $52.5 million co-op at 740 Park here, a $90 million penthouse at One57...
View ArticleManhattan’s Brisk Year-End Real Estate Sales Belie Bad Economy, Not Good One
Luxury sales were way up, but the rest of the market lagged. At first blush, the fourth-quarter Manhattan market reports would seem to be evidence of a holiday miracle: co-op boards were overwhelmed by...
View ArticleTime to Sober Up! Reflecting on the End-of-the-Year Residential Market
2014 was a strong year for the sales and rental market, however rising prices seem likely to level off somewhat in the coming year.
View ArticleWhat Is Going on With Apartment Prices in New York?
Apartment sales in the city are down 20 percent
View ArticleThe Long Overlooked Female Artists Suddenly Getting Market Attention
One hopes that investing in work by overlooked women is more than just a fashionable trend given the social climate.
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