While the suburbs are making a comeback with homebuyers as seek out more space for themselves during the pandmic, investors are playing a longer-term game, betting on condos and a return to the city when the pandemic subsides. The Wall Street Journal says that investors in Manhattan are being lured by reduced prices and are
Manhattan’s luxury real estate market slides
April 6, 2018 by
Manhattan luxury real estate sales fell by 25 percent in the first quarter of this year compared to the same period one year ago. The decline was put
Michael Dell revealed as buyer of New York City’s most expensive apartment
February 27, 2018 by
It’s been revealed that Michael Dell has paid a record breaking $100.47 million to purchase a penthouse apartment on Billionaires’s Row in Manhattan, New York, making it the city’s most expensive home ever sold.
Foreign investment in U.S. real estate hits record high of $7.48 billion
January 26, 2018 by
Foreign investment into the U.S. luxury residential real estate market has jumped to a new record high of $7.48 billion, with Miami, Manhattan and Los Angeles proving to be the most attractive locations, according to a report by Beauchamp
Manhattan rents reach record high as desirability booms
July 4, 2017 by
Rents in downtown New York hit a record high last May according to data from the CBRE Group brokerage, due to the construction of a new tower at the World Trade Center and firm’s migration to a revitalized Lower Manhattan area.
Most Family-Friendly Neighborhoods In Manhattan
August 22, 2016 by
Having a family always means some extra planning. Therefore, people do their best to find the best place to raise their kids and live in.
Average Manhattan apartment price tops $1 million for first time
December 17, 2015 by
The average price of an apartment in New York’s Manhattan area has shot past the $1 million barrier for the first time, according to a new study by real estate data firm CityRealty.
Cameron Diaz lists luxury Manhattan apartment for $4.25M
November 6, 2015 by
Hollywood’s highest-paid actress Cameron Diaz is listing her luxury two-bedroom Manhattan apartment for a cool $4.25 million. Warburg Realty describes the listing as “a jewel box” featuring a modern design based on old Hollywood-style glamour. Photo Credit: lhuga via Compfight cc Diaz bought the property back in 2008 for $2.95 million, before hiring the acclaimed
High Demand Helps Manhattan House Prices Recover
April 4, 2014 by
Real estate prices in other parts of the country may still be 20% below peak values, but it’s a different story in Manhattan. The demand for luxury apartments has helped property prices almost fully recover from the recent crisis. During the first quarter of this year, the median sales price for a co-op or condo
Beverly Hills and Manhattan Are Tops for Luxury Home Sales
October 30, 2013 by
Luxury home sales seem to be increasing across the country. This is due to an influx of wealthy homebuyers who are incentivized by low interest rates and a housing market that is still recovering. While luxury home sales seem to be up across the board, nowhere have there been more sales than in New York
