A report from the Wall Street Journal on New York. "It is deal time for buyers looking to purchase an apartment in one of New York’s new condominium buildings, brokers said. As sales of new apartments have stalled this year,…
A report from Think Realty. "A new report from Warburg Realty indicates the New York City housing market has moved—'beyond any doubt'—into a buyer’s market. Warburg’sCEO Frederick Peters cited offers as low as 25 percent below asking prices as evidence.…
A report from the Wall Street Journal on New York. "A pair of developers is planning to auction off units in their luxury Manhattan condominium project. The units will be among the highest priced condos ever to be auctioned by…
A report from Mansion Global on New York. "The impact of the dearth of new development transactions was felt most in the Financial District and Battery Park City, which saw sales plummet 41% compared to the same time last year,…
A report from CNBC on New York. "New York City's pricey real estate has become a 'buyers market,' new data suggests, characterized by lowball offers and a rise in the number of properties staying on the market for longer. The…
A report from Real Estate Weekly on New York. "As the super luxury market continues to stagnate, developers are looking to shift towards smaller-scale projects and cheaper areas. While superluxury was a major discussion point several years ago, The Marketing…
A report from Barron's on Massachusetts. "Since the Great Recession, Boston home values have risen steadily and are at an 'all-time high,' says Debbie Adamidis, an investment property specialist at Jacob Realty. Sales of high-end properties have somewhat stalled due…
A report from Bloomberg on New York. "The developer Cary Tamarkin bought at the top of the market. His $50 million purchase in 2014 wasn’t a luxury apartment though; it was a former Catholic school at 555 West End Avenue,…
A report from Bisnow on New York. "Amid a sliding rental market in the city, Sam Zell’s Equity Residential is looking to sell two of its Manhattan apartment buildings. The REIT is preparing to sell a high-rise tower at 800…