A report compiled by Olshan Realty provides a complete rundown of the 2016 results in the NYC/Manhattan residential real estate market for sales above $4 million! 2016 ‘saw an 18% decline in contracts over 2015. Year to date, 1102 properties had contracts signed totaling $8,937,866,862. The numbers are higher than 2012, but below the golden years […]
For readers interested in the subject of NYC air rights, this article examines how developer appetite in Manhattan seems to be waning utilizing price as anecdotal evidence! And, for those readers not particularly focused on this subset of the NYC real estate market but who have none-the-less had to suffer through many recent articles on the subject, rest […]
Regardless of the side of the political spectrum that you fall on, if you are a retailer located in or around Trump Tower the timing of the presidential election could not have been worse! With Thanksgiving officially kicking-off the Christmas shopping season, the imposing security that now surrounds Trump Tower, a building that sports some of the highest […]
Whether you start a business or are promoted to a position in a company where other employees are reporting to you then, overnight, you have become a manager! When I started the title insurance firm Hallmark Abstract Service, I have to admit that my prior experience managing others had for the most part been limited to raising three […]
For anyone who may be interested in throwing a low-ball bid at an apartment in Manhattan with an asking price of $100MM, now might actually be the time to do it! After recently examining the decline of the nosebleed-level apartment rents across U.S. markets like New York City (‘Apartment Rents: What Goes Up, Must Come Down!‘), today the […]
This video was created by Douglas Elliman Diamond Award Winning Broker Carol Staab who ranks in the top 5% of her firms producers! In the short video Carol describes the current state of the New York City high-end real estate sales market which, judging by the statistics, can only be described as quite healthy! In […]
And with Hudson River views to boot! Only in New York? Only in New York! Of course if you head about 20 blocks north and over to the East Side of Manhattan another PH with a private pool is asking an even more astounding $100MM! The downtown apartment that’s offering ‘relative value’ to its ultimate buyer […]
Follow @Hallmark Abstract Service Have you ever wondered what you would get for your money if you had $80 million to plunk down on an apartment in New York City? Of course for anyone living in parts of the United States not New York’s Manhattan, the ability to spend $300,000 or maybe even $500,000 would […]
