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New York Real Estate Prices are Fairly Valued by UBS

Nov 17, 2017 6:48:43 AM

The annual UBS Global Bubble Report revealed that once again New York real estate prices are fairly valued. UBS economists analyzed the data of 20 financial centers, of which New York, Boston, Milan and Chicago were determined not to be either fairly valued or under valued. The remaining 16 cities were either classified as either in bubble territory or over valued.  

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The Return and Demise of the 20 Year Tax Abatement in the Manhattan Condo Market

Nov 7, 2017 6:36:48 PM

A rare 20-Year tax abatement has popped up in Manhattan at a handful of condominium projects across the city at:

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How will President Trump affect US Real Estate?

Nov 10, 2016 9:52:00 AM

Never before has America had a New York City property developer and real estate broker (yes, he has a NYC broker’s license) sitting in the White House. While many of us may not agree with Trump’s behavior and policy positions, one thing for sure is that Trump will be pro-property and pro-real estate.

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10 Hudson Yards Opens in NY

Jun 1, 2016 8:14:19 PM

 

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NYC Wealth Stats from The Knight Frank Wealth Report

Mar 25, 2016 5:31:10 PM

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Manhattan Real Estate Market Update | Q4 2015

Feb 22, 2016 2:10:54 PM

The Manhattan Real Estate Market median and average sales price, as well as the average price per square foot, reached the highest levels recorded in 27 years in Q4 2015. The resale market remained tight with low inventory, fast pace and rising prices. New development closings are on the rising as well. While many regions are suffering enormous instability, NYC, in contrast, is one of the last bastions of stability. In 2015, Manhattan saw record job growth and the highest number of people employed in history. We expect similar market conditions to carry over into 2016.

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Trump World Tower is most valuable NYC condo building

Jan 31, 2016 2:47:12 PM

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NYC Condo plans nowhere close to pre-crash levels

Jan 13, 2016 8:26:34 AM

 

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New Development Highlight: The Bryant NY Residential Condo

Dec 5, 2015 12:37:25 PM

 

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New Development Condo at 55 West 17 Street NY

Dec 5, 2015 12:10:35 PM

 

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