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 […]
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 […]
The area below Chambers street defined as the Financial District has experienced a tremendous transformation since the 9/11 attacks, which plunged the area into darkness for almost a decade. Subsequently, the residential, commercial and retail booms have revived the area with more to come. In the early 2000’s, the area attracted renters in quest for a […]
The neighborhood of West Chelsea extends approximately from West 14th to West 30th street from 8th Avenue to the West Side Highway. In the past 5 years, West Chelsea has drawn worldwide attention notably through the success of the High Line elevated parkway: a 1.43mile former railroad line (west side line) running along the lower […]
As we see the 2008 financial crisis negative effects on Real Estate diminishing, stalled projects are now back on track and I selected 3 of the most impressive projects ongoing in the Downtown Manhattan. First, 30 Park Place/99 Church street, which has been a whole in the ground surrounding by temporary walls displaying the names of cities worldwide for […]
With entry price at about $20 million, 432 Park Avenue is pushing the bar of Manhattan high-end properties a little higher. Aside from the lavish finishings, outstanding services and breath taking views of the Manhattan skyline and beyond, the Rafael Vinoly-designed superscraper will become the tallest residential building in the western atmosphere.
Fred M. On Real Estate 