Archives for posts with tag: Hudson Yards

2019 – Year of the Buyer

April 22, 2019 //

Hi,

It feels good to be back into writing about real estate! I’ve spent the past 2 years working and consulting for real estate technology companies, where I gained a tremendous amount of knowledge in capturing, interpreting and turning real estate data into actionable decision making tools. Equipped with this new set of skills, it’s time to make it beneficial to my audience of Real Estate enthusiasts, prospective buyers, sellers and investors.

On this newsletter‘s agenda, we’ll go over the 2018 year-end market snapshot and analysis to see how Manhattan, Brooklyn and Queens have been evolving in a market where the power has turned back into the buyers hands. To follow, I included a NY economic snapshot to reveal the health and constant growth of the Big Apple, as well as a guide to home buying and investing. Finally, I concocted a selection of very sought after New Developments within the most active price segments.

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Categories brooklyn condo, Brooklyn Real Estate, immobilier Brooklyn, immobilier new york, Luxury Real Estate Hamptons, Luxury Real Estate Manhattan, New Development Brooklyn, New Development Manhattan, real estate investment

Q2 2015 New York Real Estate Newsletter

July 22, 2015 //

Hi,

Another quarter and another record breaking set of numbers for Manhattan and Brooklyn real estate.

The boom of the luxury and super high end condos have pulled the average price of a Manhattan apartment to an all-time high $1.81M and also helped trigger a rise in inventory with the sales commencements of several high profile New Developments across the borough.

Brooklyn also gets its share of records with the average price per square foot breaking a 7-year high to reach $704/sf. The historically low inventory has risen over the last quarter but in proportion far from the levels that a market requires to reach equilibrium.

In addition to the traditional Corcoran Manhattan and Brooklyn market reports, this newsletter will touch base on the current relationship between Manhattan inventories, price level and the effect of New Developments in the borough. To follow, the impact of Global Wealth and its potential contribution to New York Real Estate along with the consequences of China’s economy will present data that could help developers keeping their cool in regards to the rise in super high end properties hitting the market. Finally, Brooklyn’s alarming lack of inventory may show a swift in current developers’ strategy to anticipate a change of plans and bring more products for sale quicker than expected to feed a demand starved of choices.

I truly hope that this newsletter will be beneficial and informative while shaping your future real estate plans. Please feel free to contact me should you want to consult on your real estate projects.

Cheers,

Q2_2015_Newsletter

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Categories Uncategorized

Q4 2014 New York Newsletter

January 28, 2015 //

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 12 months with some perspective on the current level of inventory.

With the upcoming of about 6,500 new units on the market (almost 50% already in contract), I also found it necessary to talk about the concept of New Developments, explain what they are, and which segments of the market they’ll be affecting in the next year.

Finally, Brooklyn’s sellers’ market is becoming more and more challenging to navigate with a highly competitive pool of buyers, increasing prices, low inventories, and only a few New Developments scheduled to hit the market. (Brooklyn Q4 2014 included)

Cheers,

Q4_14_Newsletter