Manhattan foreclosures soar 118%, driven by mortgage defaults
Residential foreclosures in Manhattan and Staten Island are skyrocketing — but the other boroughs are having better luck. Foreclosures...
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FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now
Sellers face facts in FiDi The Financial District’s sales market is seeing an uptick amid bigger price discounts. Sales were up 33 percent in...
Rents rise to $3K mark in Brooklyn, Queens
Rental prices in two of New York City’s outer boroughs have continued their upward march as property owners dial back potential discounts. In Queens, landlord concessions dropped in May for the third consecutive month,...
Manhattan landlords offering fewer concessions these days
Landlords are easing off on concessions in Manhattan’s tight rental market as vacancies gradually shrink. The tightening of vacancy...
Manhattan tenants are pushing back against landlords’ raising rent
As landlords get more aggressive with pricing, more Manhattan tenants aren’t sticking around. In March, the borough saw a...
Sluggish sales market continues to bolster Manhattan rents: Elliman
The luxury sales slump has been a silver lining for Manhattan’s rental market. Rents rose in February as would-be...
Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now
Billionaires’ Row sellers are taking some steep losses Luxury residential resales have been some of the biggest loss-makers in recent years, according to StreetEasy....
LIC rides the Amazon HQ2 wave, NYC’s sales slump continues and more of the biggest trends in resi right now
NYC’s resi sales slump continues Residential sales in Manhattan dropped 3.3 percent in the fourth quarter of 2018, their fifth straight quarter of decline,...
Manhattan condos and co-ops see worst annual sale decline in five years: Elliman
The Manhattan residential market has bounced back from the dark days of the recession. But 2018 was a choppy...
Greenwich condo sales surge as buyers shift toward smaller homes
As New York City’s condominium market navigates a slump, things are looking rosier in Greenwich. In the fourth quarter,...
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