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Sales prices in the Financial District prove to be an outlier in Lower Manhattan and the borough as whole (iStock)

Financial District sales price jumped 123% last quarter: report

The Financial District’s sales market drove activity in Lower Manhattan last quarter. Platinum Properties’ quarterly market report found that...

Financial District sales price jumped 123% last quarter: report
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Spacious townhomes were responsible for the majority of deals in Brooklyn’s luxury market last week. There were 16 contracts...

Sprawling Brooklyn townhouses drive week’s priciest deals
Manhattan’s 10019 zip code, which covers Midtown, Times Square, Herald Square and Midtown South, saw the most foreclosures in the borough with eight. (Credit: iStock)

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...

Manhattan foreclosures soar 118%, driven by mortgage defaults
(Credit: Miller Samuel)

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,...

Rents rise to $3K mark in Brooklyn, Queens
(Credit: Miller Samuel)

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 landlords offering fewer concessions these days

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