inventory: 2013 Looking Good for Manhattan Real Estate Market - 01/03/13 08:57 AM
Happy New Year 2013

2012 ended in Manhattan with a very strong real estate market. There was increased activity during the last quarter. One of the busiest holiday seasons I've experienced. Activity was seen in all price ranges from "affordable" to "luxury" activity continued right through the holidays.
2012 ended with extremely low inventory and high demand. Properties priced right are in play. Many first time buyers as well as sophisticated buyers have realized that owning can be cheaper than renting. With interest rates at all time record lows and rents continuing to rise, there continues to be a strong … (3 comments)

inventory: NYC $ 6.1 Billion Surplus Good for real estate - 07/27/06 02:42 AM
New York City ended fiscal 2006 with a record $6.1 billion surplus from Wall Street profits and surging real estate values. Wall Street firms paid workers in the city a record $21.5 billion in bonuses in 2005. Wall Street bonuses fuel the manhattan real estate market. NYC Real estate tax collections were $1.2 billion more than anticipated, personal income tax collections exceeded estimates by $1.3 billion.Mayor Bloomberg has done a great job keeping the city fiscally strong. I wish George W. Bush had the fiscal discipline of Mike Bloomberg.When the city is strong financially so is NYC real estate. The real … (5 comments)

 
Mitchell J Hall, Lic Associate RE Broker - Manhattan, NYC (The Corcoran Group) Rainmaker large

Mitchell J Hall

Lic Associate RE Broker - Manhattan, NYC

Manhattan, NY

More about me…

The Corcoran Group

Address: 2253 Broadway, New York, NY, 10024

Office: 212-877-6268

Mobile: (917) 312-0924

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