Q1 2015 New York Newsletter

Hi, Finally! Spring has arrived with a blooming enthusiasm from home hunters taking on their search for a new nest and hoping for more inventories to hit the market. These hopes seem realistic at first since the market is moving ahead from a month of February 2015 that recorded a new historical low level of […]

Q4 2014 New York Newsletter

HI, I hope you are having a great start of 2015 and wish you great health and success for this exciting new year! 2014 has seen several records shattered in many market segments and locations. A recap of the Manhattan Q4 2014 report is bringing new insight about what moved the market over the past […]

Downtown Rising – The Staggering Revitalization of the Area below Chambers Street

Last year I covered the residential, commercial and residential expansions of the area below Chambers Street covering three distinct neighborhoods: Financial District, South Street Seaport and Battery Park City. We can now observe significant changes and an even more positive outlook for the years to come.Residential Q1’14 vs Q1’13 figures look very healthy. Condos average ppsf […]

T LINE – A Subway stop from appreciation

The long awaited project of the Second Avenue subway line dubbed “T Line” has recently shaken the real estate activity on the Upper East Side, east of 3rd Avenue. The T Line – which will eventually run 8.5 miles from 125th Street to Hanover Square – has been in the plans for decades and long […]