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
Knight Frank: Top 20 Most Expensive Real Estate Markets Revealed
March 13, 2013 by
Knight Frank has just released its new Wealth Report, listing the top twenty most expensive luxury real estate markets in the world, and it once again shines the spotlight on how far property prices have fallen in the US.
Sony Nets $1.1 Billion From Madison Ave. HQ Sale
January 18, 2013 by
Following weeks of rumors, troubled electronics firm Sony has finally confirmed the sale of its US headquarters located in Madison Avenue, New York. The building was sold to the Chetrit Group real estate consortium, fetching a cool $1.1 billion for the Japanese firm.
Florida’s Foreclosure Rates Show Strong Upward Trend
October 17, 2012 by
While most of the states in USA are experiencing, what the experts are identifying as a drop in the foreclosure rate, the state of Florida has been displaying strong trends against this and have been witnessing rising foreclosure rates all over the state. This includes real estate properties from the Lincoln road Miami Beach to the more posh and elegant sunset islands Miami Beach.
New York Island Paradise for Sale In Southold
September 13, 2012 by
If you are in the market for Island bliss and seclusion, an 18-acre-plus island in Southold may be your cup of tea. Listed at $3.995 million, the Island sports some 3,000 square feet of private coastline, its own canal, a wooden bridge, and Hashamomuck Pond.
Real Estate Connect NYC 2012 Focuses on Innovation in Action
December 2, 2011 by
In January 2012, representatives from numerous tech companies will visit New York for the Real Estate Connect conference. The theme for this year is “Innovation in Action”. The annual conference brings together influential people from the worlds of real estate and technology. Among the industry-leading thinkers and innovators featured this year are: Phil Libin,
More Americans Are Deciding To Stay Put As Recession Hits Home
November 1, 2011 by
People in the U.S. are no longer flocking to the southern states to bask in the warm sunshine in the numbers that they used to before the housing crisis hits home, according to a new study. The Carsey Institute at the University of New Hampshire found that the trend of migration from colder northern states
DelShah Capital Purchases 1356 First Avenue, NYC
September 5, 2011 by
The principal of DelShah Capital, Michael Shah, has announced that the firm has purchased 1356 First Avenue. It is a mixed use, multi-family and retail property, located in Manhattan’s Upper East Side neighborhood on the north east corner of 73rd Street and First Avenue, and was sold in a transaction worth $9.125 million. There are
Investor Savings Bank now Preferred Lender to Azure
July 18, 2011 by
The Investor Savings Bank has joined HSBC, Chase and Wells Fargo as a preferred lender for Azure, making it even easier for buyers to purchase a property here. Doug Maclaury, senior vice president of the Mattone Group says “From the current residents to potential buyers, the feedback we’ve received at Azure has been remarkable.
