market reports: NYC Residential Brokers Market Survey - 01/31/12 09:43 PM


The Real Estate Board of New York (REBNY) has released the results of its Residential Brokers Survey for the fourth quarter 2011.  The results reflected a seasonably weak fourth quarter. As Fourth Quarter 2011 Market Reports found, New York City average home prices and sales citywide declined compared to the same time last year. However, 60 percent of the brokers surveyed are optimistic for 2012 and expect next quarter’s residential market to be slightly better or much better than this quarter, a 23 percent increase compared to third quarter 2011 results.  Despite a slow fourth quarter, the brokers did … (2 comments)

market reports: Riverside Drive Market Report | Upper West Side - 01/08/12 12:31 PM
Riverside Drive Apartments and Townhouses
 
In 1865 a scenic drive and park was built on Manhattan's Upper West Side. The development of the park encouraged the construction of mansions along the drive.

Today Riverside Drive is made up of handsome grand prewar buildings, mansions and townhouses.


Current available apartments for sale on Riverside Drive range from small studios in the mid $200,000's to a 4 bedroom 3 bath pre-war coop for $3,450,000 to an Eight bedroom 4742 square foot post war condo asking $10 million.
Current available townhouses for sale on Riverside Drive are a Single family … (5 comments)

market reports: Manhattan Monthly Market Report - November 2011 - 12/12/11 08:00 AM

Manhattan Monthly Market Report - November 2011
Marketwide Summary
November’s average price per square foot increased from last month and last year. Compared to November 2010, condo average price per square foot increased 9% and co-ops increased 4%. There was a significant increase in the number of contracts signed over $2,000 per square foot this month, which drove average price per square foot up. Market-wide median price increased from October and last November as there was a shift in contract activity to higher price ranges. Contract activity over $1MM represented 46% of total sales this month, while October sales over … (0 comments)

market reports: 'Tis The Season! Awesome Apthorp - 11/27/11 06:00 AM

The Apthorp
390 West End Avenue - West 78th -West 79th at Broadway
The elegant full-block apartment complex built by the Astor family for the New York elite.
The History
• Built in 1908 • The vision of William Waldorf Astor, executed by architects Clinton and Russell • Listed on the National Register of Historic Places • Italian Renaissance Revival architecture • Richly ornamented limestone façade • Iconic iron entry gates • One of four private courtyard drive pre-war buildings • 163 condominium residences
Active Today
Current available condo apartments: One, two, three, four and five bedroom apartments range from … (9 comments)

market reports: Manhattan Market Report -3rd Quarter 2011 - 10/04/11 07:44 PM
The prices are boring, but the volume is exciting - 3,750 sales marketwide
This report uses market-wide data based on transactions that closed in the Third Quarter 2011 (July 1 through September 30) and compares it to closings that took place last quarter and during the same quarter one year ago. Closings typically occur eight to twelve weeks after a contract is signed; for that reason, the sales activity charted here trails actual market conditions.

With strong sales, lower inventory and steady price growth, the residential real estate market showed signs of continued improvement. Third Quarter 2011 recorded the highest number of … (3 comments)

market reports: Condos and Condops with Pools on Upper West Side - 10/03/11 10:56 PM

Condos and Condops with Pools on Upper West Side
While there are many apartment buildings on the Upper West Side most are pre-war coops. There are fewer condos and even fewer condops and only a select few condos and condops have swimming pools. Many new large construction developments are including pools, so there are more pools in luxury condos and condops than ever before.
According to a recent Corcoran.com Consumer survey 37%, the largest margin said a building with a pool is a top priority amenity for them.

15 Central Park West, Full Service Luxury Condo
14,000 SF Fitness … (11 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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