New York Real Estate

Starwood Brings Aloft to Harlem: First Major Hotel Development Since 1967

by Joshua Dorkin | October 13, 2010

Although the New York neighborhood of Harlem has experienced a resurgence over the past decade or so, there was always still something missing — but that is about to change. On November 4, Starwood will be opening a boutique Aloft hotel at 2296 Frederick Douglas Boulevard, in the heart of Harlem. The Aloft will be [...]

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New York Real Estate

I’ll Take Manhattan (But Not Staten Island, Too!); Big Apple Real Estate Prices Drop

by Charles Feldman | January 6, 2010

It’s one of those urban myths–you know, like alligators in sewers! That real estate prices in Manhattan always go up, or, at least, maintain their value. But if this were ever true (and historically it has undoubtedly not been from time to time) it certainly is not true now. While sales have actually increased, major [...]

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New York Real Estate

New York Rental Rates Fall! When Was The Last Time You Saw That Headline?

by Charles Feldman | February 4, 2008

It was bound to happen sooner or later. The real estate bust of 2008 is finally having an impact on one of the last hold outs, New York City. Manhattan, in particular, seemed all but immune to the current subprime mortgage mess mostly because foreign buyers were able to take advantage of the declining value [...]

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Commentary

Giving Thanks & Giving Back

by Richard Warren | November 20, 2007

Thanksgiving is a time of year where people will traditionally pause and reflect and give thanks for their good fortune. For me this is relatively easy because I have so much to be thankful for. Many people are not as fortunate, some a victim of circumstance and others suffering the consequences of poor choices that [...]

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New York Real Estate

Fortress Manhattan: No Real Estate “Crisis” There

by Charles Feldman | October 16, 2007

There is a land where the normal physics of real estate does not hold sway; a place so special, those who reside there are seemingly inoculated from the everyday concerns of mere mortals. The housing bubble may burst; the credit may crunch; the mortgage industry may go so far south that Bolivia would be akin [...]

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New York Real Estate

Can Real Estate Agents Charge a Retainer? Don’t ask the National Association of Realtors!

by Joshua Dorkin | March 30, 2007

Earlier today I read a discussion about someone in New York City who was looking for a real estate buyers agent to help them find a co-op. In their search, they found a realtor who agreed to help them, but required $495 up front to work with him. I, like many other people I asked [...]

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Economy

Real Estate Dispatch – 1/3/07

by Joshua Dorkin | January 3, 2007

A few days have passed in 2007, and there are a few stories I think are worth a look. Enjoy! Manhattan real estate market remains strong The Manhattan Market is INCREDIBLE! “The average price of a Manhattan apartment rose to more than $1.14 million in the fourth quarter of last year, up 5 percent compared [...]

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Commentary

Good Landlords vs. Bad Tenants? Let the Lawsuits Begin!

by Bea Chenowitz | December 15, 2006

An article in the Sunday issue of the New York Times (“A House Divided: Uncivil War on E. 73rd Street,” December 10, 2006) describes a dispute between a landlord and an unhappy tenant in a tony Upper East Side brownstone of New York City. A battle like that is always a case of someone’s word [...]

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Commentary

Living Among Celebrities in New York

by Bea Chenowitz | December 6, 2006

Living in New York City can be a strange experience. Your life as a nobody can literally intersect with the lives of the rich and famous. It’s probably the same everywhere else, but because of the city’s population density (8 million crammed into 5 boroughs) and its concentration of celebrities, this can feel more intense. [...]

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Architecture

Feng Shui Maniac

by Bea Chenowitz | November 29, 2006

When I discuss with friends about buying real estate in Manhattan, and specifically about why my husband and I have not been able to find anything for years, I always blame him (out of his earshot, of course). He happens to be one of those people who want a perfect home, and we all know [...]

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Commentary

A Glut in New Constructions in New York?

by Bea Chenowitz | November 22, 2006

The million dollar question is, is it true that there is a glut of new constructions in New York City? When the word “glut” is used, it conjures up the image of empty apartment buildings with no takers, which is pretty extreme. But is there some truth to it? Take 15 Central Park West, for [...]

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Blogs

New Twist on the Dilemma of City vs. Suburbs

by Bea Chenowitz | November 15, 2006

For city dwellers with children, there is always this dilemma of whether one should move to the suburbs. The case for the suburbs is pretty cut and dry: there are the obvious lifestyle reasons such as more space for children to run around, and also financial ones, like being able to send kids to great [...]

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BiggerPockets News

Greetings from New York!

by Bea Chenowitz | November 10, 2006

Thank you, Josh, for inviting me to join the Biggerpockets.com blog community! And I also wanted to congratulate him on his recent nuptials & honeymoon to Thailand & Hong Kong. I’ve spent some time there myself, & they are such amazing places to visit, Thailand with its exquisite beaches & Hong Kong with its fast-paced [...]

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New York Real Estate

Record Real Estate Deal–We’re Talking BILLIONS!

by Charles Feldman | October 20, 2006

Wouldn’t want to be the broker for this deal — Metlife sold the 80 acre Stuyvesant Town in Manhattan for 5.4 BILLION dollars, making this the world’s biggest real estate deal ever, says Charles Dubow in BusinessWeek.

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