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Corcoran Market Snapshot for February 2011 – Sales Volume and Price Per Square Foot Both Jump Over 10%

March 9, 2011

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Even though February is the runt of months, it managed enough oomph to pour paint all over the illustrious ‘1st month of the year’.  Co-op sales were up 34% over January 2011, and condos saw a 21% rise.  Compared to a year ago February, the jump is 5% and 17% respectively.  Price per square foot […]

LES Resident Fights for the Historic Essex Street Market

March 1, 2011

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originally posted on Nearsay.com by contributor Grant Braswell Cynthia Lamb, a resident of the Lower East Side is trying to rally together resistance to SPURA’s potential efforts to ‘relocate’ the Essex Street Market.   The Essex Street Market (ESM) has been at its current and only location at Essex and Delancey for now 70+ years.  According […]

An Ode to the 5 Most Expensive Rentals in Chelsea

February 8, 2011

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Originally posted by Grant Braswell on NearSay.com   Twas the dawn of ’11, and all through Manhattan, Tenants had hopes rents would fall or be flattened. But buyers were watching the market with care, Fingers crossed that a housing dip would shortly be there.   So the sales volume shrank along with rent inventory, Which makes for a […]

Doug Sundheim’s Leading Ideas – Taking Smart Risks

February 7, 2011

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Everyone knows that how you go about doing something can set you apart from the pack – the level of your commitment to service, the market knowledge you impart, the quality of your loquacity (we are quite the talkative bunch in real estate).  By doing well in the various parts of your business, you can […]

Stay That Hammer! Presale Renovation Do’s and Don’ts

January 25, 2011

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Your electric stove is caked deep with Bolognese residue and your wooden backsplash is little too 70’s even for your own, uh, peculiar preferences.  The bathroom tile is cracked here and there and there rust in the tub.  But what views you have of the city! OK, so your situation may not be quite that bad, […]

Amazing Timelapse Video of NYC

January 12, 2011

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While this is a touch different from our regular posts, it feels relevant to share some beautiful imagery of the city we take on every day.  Check out this timelapse video by Josh Owens.  My favorite part?  How the plans look like shooting stars. Enjoy!

News Agency Disclosure Laws in Effect for NYC

January 10, 2011

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New York City prides itself on being protectionist when it comes to tenant rights.  The newest law in this vein requires a clearer understanding between individuals and brokers on the nature of the broker’s position in any real estate transaction. Agency disclosure refers to the act of letting everyone involved in a real estate deal know […]

3 Luxury Rentals test the Market in the Lower East Side

December 14, 2010

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  originally posted on NearSay.com by contributor Grant Braswell   Generally, when you head into the Winter months real estate slows down to a crawl.  People don’t want to bother with cleaning up the place and having open houses when family is in town or they are headed out on vacation, and renters have tried […]

November 2010 Rental Market Report for NYC, Intricacies Explained

December 9, 2010

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The new Citi Habitats ‘State of the Market’ report just came out and gives us some insight into how the rental market is looking. Topline: – Relative to October 2010, Vacancy rose .05%, meaning 1 more apartment per 2000 was on the market than in October.  Compared to a year ago however, vacancies are down […]

Most Expensive East Village/Lower East Side Rentals (December 2010)

December 6, 2010

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Some talk has been floating around about a new rental on the market at 38 East 1st for $30,000/month.  This makes it the most expensive rental currently on the market in the East Village/Lower East side.  Well why the big fuss?  Oh right, it is asking $30,000 per month.  the rental price tag may make it the […]

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