real estate: First Quarter 2015 Manhattan Market Report
- 04/02/15 02:20 AM
I am delighted to share with you our newly-redesigned Q1 Manhattan Report. Inside you will find a detailed analysis of residential real estate sales that closed in Manhattan in Q1 2015 (January 1stthrough March 31st).
Key Findings of the First Quarter Report:
· Robust sales. The pace of sales continues to be brisk. More properties closed in the First Quarter this year than in the prior quarter or in the same quarter one year ago.
· Higher prices. Significant price appreciation, especially in the condominium market, drove most price metrics higher year-over-year. The average price per square foot in Manhattan is now $1602.
· Skewed … (2 comments)
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real estate: Manhattan Market Report | Third Quarter 2014
- 01/15/15 11:54 PM
Manhattan Residential Real Estate Market Report | Third Quarter 2014
This report uses market-wide data based on transactions that closed in the Fourth Quarter 2014 (October 1 through December 31st) and compares it to closings that took place last quarter and during the same quarter last year. Closings typically occur eight to twelve weeks after a contract is signed in the resale market but can occur several years later for new developments. For that reason, the sales activity discussed trails actual market conditions.
Key findings of the current report:
· Inventory challenges. Inventory has grown by 20% since last year, but almost entirely on … (2 comments)
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real estate: Wordless Wednesday | Location. Location. Location.
- 04/23/13 10:22 PM
Buyers are buying. Sellers are selling. Landlord/owners are leasing. Renters are renting. I need inventory to sell and to rent.
March proved to be a strong month for condo and coop contract activity. Condo sales increased 16% compared to March 2012 despite a 26% decline in inventory. Average sale price for condos was also up 18% compared to last year.
The co-op market also had a strong month with an 11% gain in average price over last year. Co-op contract activity increased 10% compared to last month, and 4% compared to last year despite a 28% year-over-year drop in inventory
… (26 comments)
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real estate: Live who you are... the new corcoran.com
- 11/15/12 10:02 PM
The stress is over. Introducing the new corcoran.com (http://www.corcoran.com/mhall). No more complicated searches. No more computers guessing how you want to live. Now you can browse properties based on precisely what you want. And then dive into as much information as you need to make smart decisions. Think of it as a find engine, not a search engine.
__________________
… (7 comments)
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real estate: Manhattan Luxury Real Estate Market Report
- 12/07/11 12:00 PM
Manhattan Luxury Real Estate Market ReportManhattan’s luxury market is defined as the highest priced 10% of all co-op and condo sales. Pricing in the luxury market increased over both Second Quarter 2011 and Third Quarter 2010.
At $4.25 million, luxury median price increased 9% from last quarter and 4% from a year ago. At $1,947, average price per square foot increased 6% from last quarter and 8% from a year ago.
This positive growth was bolstered most notably by a pair of sales at or just over $30 million on Columbus Circle and Central Park South
Market-share by price category … (0 comments)
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real estate: Why Does A Real Estate Firm Use Foursquare? Localism
- 09/23/11 02:03 AM
The Next Level of Location! Location! Location!
We're thrilled to share that Corcoran has been included as a case study (we're the first one in Chapter One) in the upcoming 'Power Of Foursquare' book by acclaimed business writer Carmine Gallo. Find out more at http://www.poweroffoursquare.com/
The book describes how businesses such as ours are leveraging the foursquare platform to grow their brands, and it's a great read. Carmine chats with Matthew Shadbolt, Director of Interactive Product Marketing for the Corcoran Group. Why does a luxury real estate firm use foursquare?
"How do you find a great apartment in Manhattan? - By … (13 comments)
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real estate: Friday Fotos | Frozen Assets
- 06/21/11 03:29 AM
It's the middle of July! Why do your listing pictures still have snow in them?
Your listing is a Frozen Asset. It needs some heat to melt it. It is July. Please change the pictures and description. That lovely balcony and view covered in snow doesn't look so good right now.
It's time to take new pictures change the listing description.
Your listing is old. Your property is a commodity, and the markets for commodities shift.
… (8 comments)
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real estate: Speechless Sunday: Real Estate Porn
- 07/11/10 02:10 AM
Only three apartments are still for sale at 535 West End Avenue, the new luxury condominium at West End Avenue at 86th Street.
Apartment 16, 6 bedroom 6 bath full floor 6,637 square foot apartment asking $25 million.
Apartment 3A, 6 bedroom 5.5 bath 4,396 square foot apartment asking $10 million.
Apartment 5B, 5 bedroom 4.5 bath 3,744 square foot apartment asking $9 million.
The luxury development marketed as "21st Century Pre-War Condos" includes an indoor swimming pool with his and hers saunas, a billiards room, and Kosher kitchens for the half-floor and … (11 comments)
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real estate: Real Estate Consumer Evolution: The Times They Are A Changing!
- 06/22/10 03:35 PM
In 1981 The Corcoran Report started covering New York City real estate market trends. The market reports became widely quoted in the media and established Corcoran as the residential experts. The quarterly reports are considered the "bible" of market statistics and trends in the city.
In 1995 Corcoran.com was the first Manhattan real estate firm on the web.
In 2008 Corcoran began annual Consumer Reports from a series of survey questions on corcoran.com - a kind of window into the psychology of the market. Results of consumers thoughts on a variety of real estate and lifestyle-related topics are compiled in the … (35 comments)
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real estate: Crowds at Open Houses on Upper West Side of Manhattan Today!
- 01/24/10 07:57 AM
Despite the rain, cold and dreary weather open houses were mobbed today on the Upper West Side of Manhattan. Buyers are out and buyers are buying. One pre-war 2 bedroom condo priced at $1,399,000 must have had about 40 people when I arrived with my buyers just 15 minutes after it opened.
About 30 people were at the 2 bedroom 2 bath apartments on the third floor of a post-war full service luxury building. One 2 bedroom condo that came on the market the beginning of the week at $1,150,00 that I showed Wednesday evening is already in contract … (5 comments)
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real estate: Washington Heights: Manhattan Neighborhood Guide
- 10/07/09 03:00 AM
Washington Heights is Manhattan's highest natural point (265 feet, in Bennett Park)
Washington Heights, which runs from 155th Street to Dyckman Street from river to river, is a bustling urban area with a busy commercial center.
Washington Heights is known for it's five and six-story prewar and post war apartment buildings including Lafayette Gardens at 330-40 Haven Avenue. Washington Heights has Art-Deco and Tudor-style coops, row houses, and post war brick buildings.
Great shopping and dining - there's everything from bodegas to bakeries to bars available along Broadway, St. Nicholas Avenue and 181st Street.
The area's easy access … (7 comments)
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real estate: Barbara Corcoran is the only female shark on new TV show Shark Tank
- 08/06/09 04:23 AM
The founder of The Corcoran Group real estate, Barbara Corcoran is the only female shark on Mark Burnett’s ( Survivor, The Apprentice) new reality TV show Shark Tank.
The show premiers this Sunday, August 9th, 9 p.m. on Channel 7 (ABC).
Each Shark Tank episode will give different ambitious entrepreneurs from across the country a chance to pitch their plans to already established moguls, with the goal of landing enough of a venture capital investment to move their idea forward.
Investors who will serves as the "sharks" are Internet securities mogul Robert Herjavec; infomercial expert Kevin Harrington; real estate tycoon Barbara Corcoran; … (6 comments)
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real estate: Hamilton Heights: Historic Neighborhood Report
- 04/15/09 01:32 AM
Hamilton Heights in Upper Manhattan was the home of Alexander Hamilton from 1802 - 1804. Alexander Hamilton was the first United States Secretary of the Treasury, a Founding Father, and political philosopher. His Manhattan home Hamilton Grange has recently been moved from Convent Avenue to St. Nicholas Park.
Hamilton commissioned architect John McComb Jr. to design a Federal style country home on a sprawling 32 acre estate in upper Manhattan.
This house was completed in 1802 and named "The Grange" after the Hamilton family's ancestral home in Scotland, but served as his home for only two years. On July 11, 1804, Hamilton … (2 comments)
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real estate: Blue Beauty - Earth Photos Taken in Space by Astronaut Sunita Williams
- 04/03/09 04:41 AM
Photos by Astronaut Sunita Williams
Courtesy of:
Mitchell J Hall, Associate Broker, REALTOR®
Click here to receive Manhattan Apartment and Townhouse Listings.
Click here to find out how much your home is worth in today's market?
Click here to search Manhattan homes.
… (8 comments)
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real estate: Go Green for St. Patricks Day: Green Resources / Services
- 03/16/09 01:36 PM
Green Resources / Services
New York Energy Smart
New York Department of Environment Conservation: Green Building Initiative The US Green Building Council LEED (Leadership in Energy and Environmental Design) Environmental Data Resources, Inc. - provides environmental risk information services for real estate transactions. Association of Energy and Environmental Real Estate Professionals - provides educational resources for real estate professionals. EnergyStar EcoBusiness Links - sustainable real estate listings and services. Listedgreen.com - an MLS for sustainable housing. Planet Green- advice on how to go green when buying a home. Green Living Ideas National Geographic Green Guide
Related Green Blog Posts: … (5 comments)
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real estate: Net Neutrality - Where the Presidential Candidates Stand
- 02/07/08 03:57 AM
What is Network Neutrality?
Network Neutrality - is the guiding principle that preserves the free and open Internet.
Net Neutrality means no discrimination. Net Neutrality prevents Internet providers from speeding up or slowing down Web content based on its source, ownership or destination.
Net Neutrality is the reason why the Internet has driven economic innovation, democratic participation, and free speech online. It protects the consumer's right to use any equipment, content, application or service on a non-discriminatory basis without interference from the network provider. With Net Neutrality, the network's only job is to move data -- not choose which data to … (13 comments)
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real estate: Real Estate is Local: Local! Local! Local!
- 12/19/07 04:08 AM
Real Estate is Local, Stupid (original title)
In Manhattan
OPEN HOUSES SELL
HOMES!
Recently I've noticed a change in Activerain. It's the tone of some bloggers, they're angry arrogant and hostile. Opinions and personal experiences are written as though they are facts. Commenters that disagree are attacked.
Many posts have been written about "Open Houses" on activerain during the past year. Some agents loathe them some agents such as myself love them - I love to throw a party and to work a room.
I never realized hosting an Open House was controversial. Last night I came across a blog bashing open houses … (84 comments)
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real estate: Manhattan real estate in history/today: The Beresford
- 12/07/07 07:19 AM
The Beresford
A coop building so vast it contains three separate lobbies fronting both Central Park West and West 81st Street.
It has three addresses 211 Central Park West, 1 West 81st Street and 7 West 81st Street. The building was completed a month prior to the stock market crash in 1929. The Beresford is a master piece of architect Emory Roth. The building has 175 apartments on 23 floors with a limestone base and brick-clad upper floors.
The courtyard contains a fountain and a garden. Italian Renaissance in design, the Beresford is executed in brick with limestone and terra cotta trim. Animating … (17 comments)
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real estate: Happy Fall: Manhattan Real Estate: Business As Usual?
- 09/05/07 03:29 AM
It has been a very busy year and summer. The busiest August I can remember. Manhattan has been very fortunate this year compared to the rest of the country.
Our market continues to be very strong. While most of the country has been down 20% we've been up 20% Can it continue? I'm cautiously optimistic. Is Manhattan really an island?The fall out from the sub prime mortgage meltdown during the last several weeks is now affecting the mortgage, credit and financial services industries. The stock market has been volatile the feds added liquidity to the markets and lowered the prime rate. What … (8 comments)
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real estate: Leona Helmsley: Hotel and Real Estate Queen dies
- 08/20/07 11:49 AM
Leona Helmsley, The New York hotel and real estate "Queen" died of heart failure today at age 87. Leonna was a succesful residential real estate broker before her marriage to Harry Helmsley the NY real estate magnate.
Leona helped her husband run a $5 billion empire that included managing the Empire State Building.
Helmsley became known as the "queen of mean" when a former housekeeper testified that she heard Helmsley say: "We don't pay taxes. Only the little people pay taxes," during testimony at a trial where they were being charged with tax-evasion.
In 1980's Leona became president of Helmsley Hotels, a subsidiary which including the Park Lane, St. … (7 comments)
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I am delighted to share with you our newly-redesigned Q1 Manhattan Report. Inside you will find a detailed analysis of residential real estate sales that closed in Manhattan in Q1 2015 (January 1stthrough March 31st).
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