The Ebb and Flow: New Homes Are Getting Smaller?

June 15, 2010

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Remember the Naughts (2000-2009) when not an ounce of care went into securing a reasonable mortgage and everyone and their mother was trying to make that cash off real estate?  Well with a reality check in the market, developers have finally caught up.  The average size of houses, number of bedrooms, bathrooms and even number […]

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Posted in: Grant Braswell, Market Watch, The Blumstein Take

Beautiful Day for a Dip on the A Building’s Rooftop

June 10, 2010

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One of the perks of doing Real Estate in New York City – Views that people come from all over the world to see. 

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Posted in: East Village, East Village, Roofdecks, Views

Greenwich/East Village Doorman One Bedrooms ~$4,000/mo, June 10th 2010

June 10, 2010

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Interested in living in a doorman building near where Greenich Village and the East Village meet?  Check out these two huge and renovated units, both around $4,000 a month. On 4th Ave and East 11th: On Second Ave and East 10th:

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Posted in: 1 Bedroom, East Village, Greenwich Village, Rentals

Manhattan Rental Vacancy Drops Below 1%

June 10, 2010

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Citi Habitats, our sister company and largest rental firm in Manhattan has just released a report that shows that as of May, there are now fewer than 1 in every 100 apartments available to rent.  In the West Village,  a hot spot for rentals and sales alike, there is only 0.33% availability, or 1 in […]

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Posted in: Grant Braswell, Market Reports, Market Watch

Musings & Tips – Moving in with Someone for the First Time? Get a Dishwasher

June 10, 2010

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A client had a most astute observation today as we were out looking for one bedrooms across the Villages: “We’re going to be living together for the first time.  There are a lot of uncertainties that come with that, so I’m going to be damn sure we have a dishwasher.” While that may sound a […]

Posted in: Grant Braswell, Musings & Tips, The Blumstein Take

Even Flat Growth is a ‘Recession’ – When Prices Hit Bottom and Stay There, Lady Liberty Cries

June 9, 2010

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The more I read about what is to come, the more it seems that there IS another housing recession coming.  Or so I am told. FREEZE.  This is not a dire warning, nor do I mean to infer that prices are heading for another dip.  In some areas they will, and in others, prices should […]

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Posted in: Grant Braswell, Real Estate Futures, The Blumstein Take

Corcoran’s Monthly Market Snapshot – May 2010

June 9, 2010

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                                                                                                                                                                                                                                                                                                                                                                                                                       The The market has changed a lot in the last year.  Compared to May 2009, May 2010 shows a strong uptick in sales in NYC.  Following up on April’s strength, Sales of Co-Ops were up 16% over last year and Condo sales are up 32% .  The average price per square foot is up 20% […]

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Posted in: Grant Braswell, Market Reports, Market Watch, The Blumstein Take

Renovated UES 1BR on a beautiful East 88th Street block

June 9, 2010

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Looking to live in a true 1BR at an affordable price?  The check out the UES, where available inventory allows for a renovated and bright 1 bedroom for $1,700.  Two units are available in this building on the 2nd and 3rd floor (walk up).  Contact us for more information!  Teamblumstein@corcoran.com

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Posted in: 1 Bedroom, Rentals, Upper East Side

Corcoran’s 3rd edition of the Consumer Report – What the People Have to Say

June 6, 2010

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Last week Corcoran dropped the 3rd edition of its Consumer Report, a survey taken online that feels out where consumers are in their search process, what they think about the market, and how they go about interacting with their search from talking ot their brokers and browsing for property. There are also nuggets of basic […]

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Posted in: Grant Braswell, Market Reports, Market Watch, Meris Blumstein

Renters Back to Paying Broker Fees: Landlord’s Dropping Incentives as Vacancy Drops

June 1, 2010

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While the sale market may still be waffling a bit for the time being, the rental market has been on a bit of a tear of recent.  Apartments are going on and off the market quicker, and rents are having a tough time being negotiated down.  In light of this, the onus of broker fees […]

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Posted in: Grant Braswell, Market Watch, Rentals, The Blumstein Take
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