Real Estate in NYC
REBNY supports bill for Airbnb to share owner information
Sat, 26 May 2018 10:27:44 +0000
The Real Estate Board of New York(REBNY) fully supports a proposal of the City Council to mandate that home sharing sites like Airbnb share their users’ information with the City. REBNY believes that Airbnb is one of the main reasons that rents have risen in the last decade in New York City while Airbnb maintains … Continue reading REBNY supports bill for Airbnb to share owner information
Manhattan rental market stabilizing as sales market continues to slide
Fri, 25 May 2018 10:07:52 +0000
According to the latest report by Streeteasy, the Manhattan rental market is stabilizing ahead of the peak summer rental season as the sales market is still declining. I think this is supporting by what I am seeing with the summer rental market in full swing and the sales market struggling especially as owner’s expectations come to … Continue reading Manhattan rental market stabilizing as sales market continues to slide
Top Manhattan buildings outperformed stock market over the last decade according to report
Thu, 24 May 2018 09:39:42 +0000
According to a recent report by City Realty, buildings such as 15 Central Park west out performed the stock market over the last decade. Buildings with tons of amenities, famous architects(starchitects) and celebrity residents certainly do get lots of attention but are they truly worth the investment? According to the report, the compound annual growth … Continue reading Top Manhattan buildings outperformed stock market over the last decade according to report
400 Central Park west 19P rented
Wed, 23 May 2018 11:07:57 +0000
A 2 bedroom/2 bathroom apartment in the Upper West side condominium 400 Central Park west, was rented for $5,200, in as is condition. The apartment features an extraordinary view of Central Park as it has two exposures, one facing south and one facing east directly into the park. The building features a 24 hour concierge, … Continue reading 400 Central Park west 19P rented
21 luxury contracts were signed last week
Tue, 22 May 2018 10:55:01 +0000
Manhattan’s luxury market continues to record strong sales this spring with 21 contracts signed last week for properties at $4mm and above. Roughly half of those contracts were signed for downtown properties.   Real Deal coverage The Author-  Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He … Continue reading 21 luxury contracts were signed last week
189 Edgecombe avenue townhouse rented
Mon, 21 May 2018 11:09:58 +0000
The 2 family townhouse at 189 Edgecombe avenue has now rented. It has a garden apartment 1 bedroom with washer/dryer and a triplex apartment with 4 bedrooms and 4.5 bathrooms. The triplex rented for $6,100 and the garden apartment for $2,200. Both apartments rented within 2 weeks of being listed. The house underwent a full, … Continue reading 189 Edgecombe avenue townhouse rented
Manhattan townhouse owners-understanding your property tax bill
Sat, 19 May 2018 11:12:13 +0000
NYC puts out a guide of how to understand your real estate tax bill of your property. It’s amazing how many NYC property owners do not understand their real estate property tax bill. In fairness, the system is very complicated and you might see two identical Manhattan townhouses with the same number of units yet … Continue reading Manhattan townhouse owners-understanding your property tax bill
730 Saint Nicholas Historical home being converted to methadone treatment facility
Fri, 18 May 2018 13:21:50 +0000
730 Saint Nicholas,a home full of historical details, is being converted as of right by the owner, to an outpatient methadone clinic according to the West 147th street block association. Apparently, the center will service patients all day Monday through Friday and for a half day on Saturday. According to the Community Board meeting last … Continue reading 730 Saint Nicholas Historical home being converted to methadone treatment facility
Thinking of selling your Manhattan property-Should you paint?
Thu, 17 May 2018 10:42:31 +0000
If you are going to be selling your Manhattan property and it’s been a number of years since you painted, and/or you had chosen a dark color, a paint job can really help to spruce things up. Choosing a light color like a designer white can help to brighten up a room or rooms and … Continue reading Thinking of selling your Manhattan property-Should you paint?
Thinking of selling your Manhattan SRO-apply for CNH now
Wed, 16 May 2018 10:01:29 +0000
If you are thinking about selling your Manhattan single room occupancy(SRO), now is the time to apply for the certificate of no harassment. Changes are coming starting to the application process,in September. Suffice is to say that the City is expanding the program to encompass areas where tenants are susceptible to harassment in rapidly gentrifying … Continue reading Thinking of selling your Manhattan SRO-apply for CNH now

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