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Mayor Bill de Blasio today announced the appointment of Melanie La Rocca as Commissioner of the Department of Buildings. Continue Reading →
Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018.
The New York City residential sales market recorded an eight percent decrease in citywide consideration (monetary value for completed transactions) totaling $12.3 billion in the second quarter of 2018, compared with the second quarter of 2017, according to the Real Estate Board of New York’s (REBNY) Residential Sales Report. Continue Reading →
The New York City residential sales market recorded a 16 percent decrease in citywide consideration (monetary value for completed transactions) totaling $10.3 billion in the first quarter of 2018, compared to $12.3 billion in the first quarter of 2017, according to the Real Estate Board of New York’s (REBNY) Residential Sales Report. Continue Reading →
Rounding out a year of historic highs in average sales price and total consideration (monetary value for completed transactions) with growing activity in the other boroughs. Continue Reading →
Following the headline, record rent prices and robust growth from Harlem to Hollis that dominated the retail market in 2015, the impact of 2016’s slowing global economy, year to date, triggered a natural adjustment in the Manhattan retail real estate market in Spring 2016. Continue Reading →
