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new york city real estate: Coming soon: Manhattan rents hikes - 04/07/11 07:44 PM
If you're finding it difficult to rent an apartment in New York now it could be because there is little inventory and rents are expected to rise.
Last year landlords offered a free month of rent, paid broker's fees and did whatever it took to rent their apartments. Those days are over. The apartment vacancy rate in New York fell in the first quarter, dropping to just 2.8%.
Last year the median rent for a Manhattan apartment with landlord concessions $2,808, up 7.4%. Renters grabbed the apartments as soon as they saw them. On average, units stayed on the market for … (1 comments)

new york city real estate: 3 of top 10 most expensive U.S. homes sold in Manhattan - 04/06/11 03:04 PM
Billionaires are keeping the real estate world very busy across the country. Three of those expensive deals happened right here in Manhattan.
Coming in at number 6 on the list is a single-family townhouse sitting approximately 20,000 square feet on East 75th Street. Reportedly sold to private equity investor J. Christopher Flowers fro $53 million.
Coming in at No. 7 on the list is developer Harry Macklowe, who bought a Plaza Hotel condo for $51.5 million. The 13,000 square foot condo was bought by developer Harry Macklowe in 2007 for a cool $51.5 million.

Lastly coming in at No. 8, … (1 comments)

new york city real estate: Buying A Home - 03/07/09 11:03 AM
       
It occurred to me after speaking to someone who recently bought an apartment on their own, that many people do not know what a Buyer's Broker is.Had she had a Buyer's Broker representing her she would have saved approximately $60,000.00 and it would not have cost her a penny. Yet she had no idea that she could have her own broker represent her.Working with a Buyer's Broker offers buyers every advantage. The Buyer's Broker works solely for the buyer, yet they work with ALL of the Seller's Brokers -- especially in Manhattan. This means that buyers can preview apartments from … (0 comments)

new york city real estate: 2nd Quarter Market Report - 07/31/08 10:04 AM
2nd Quarter 2008 Halstead Property Market Report
While the luxury market played a large role in increasing the value of the real estate market.  The sales from those apartments have continued to aide the market, even as the national business media focuses on the ailing national economy. 
Manhattan condo sales have slowed and inventory has grown, leaving developers to negotiate but not slash prices. The Upper East Side has seen fewer increases compared to more popular and trendy neighborhoods.
Those who want to live on the Upper West Side are being priced out and looking farther north.The greatest price cuts were … (0 comments)

new york city real estate: Why New York Is An Amazing City To Live In / Localism Featured - 07/12/08 03:24 PM

ABOUT NEW YORK CITY
New York City is the largest most diverse metro area with 8.275M residents. Its rich history, the landmarks such as Ellis Island and the Statue of Liberty tell the world of our ancestors. Wall Street, the global financial market and economic ruler is home to the top 6 global financial firms. It has been a dominant global financial center since World War II and is home to the New York Stock Exchange. The city has been home to several of the tallest and most famous buildings in the world, including the Empire State Building and formerly the … (0 comments)

new york city real estate: Buy vs Rent ... What should I Do? - 06/14/08 05:27 PM
As a agent in the Manhattan real estate market I am often asked if one should rent or buy.
If one has a good credit score, a maximum debt-to-credit ratio in the mid 40's, can document their income and are liquid equal to 3 months to 36 months of payments then yes, one should consider buying.
If one has good credit, makes a salary equal to forty times the monthly rent, but don't have a great deal of income, then they may wish to consider renting.
Below is a calculator which can help you to decide what type of home you … (0 comments)

new york city real estate: Tighter Mortgage Standards - 06/14/08 04:19 PM
With almost two-thirds of U.S. banks having raised their standards for mortgages to their most creditworthy borrowers, three-fourths of U.S. Banks made it more difficult for people with limited or bad credit to get loans.
According to a June 11 report by the Washington-based Mortgage Bankers Association, eighteen percent fewer mortgages will be written this year compared with last.
However obtaining a mortgage is not impossible.
Mortgage lenders are interested in traditional mortgage buyers who can document their income and assets and don't have sizable debts relative to their income. Potential buyers can no longer put 10 percent down. Most banks … (0 comments)

new york city real estate: 4th QUARTER 2007 MARKET REPORT - 01/05/08 11:34 AM
Manhattan apartment sales continue to soar and buyers are purchasing apartments very quickly.  While many foreigners are purchasing apartments in all cash deals at a steady rate, qualified American buyers, including high-bonused Wall Street execs, who also pay cash or fully qualify for mortgages with a great deal of post-closing assets are purchasing these Manhattan homes.  
Manhattan real estate is at the top of its game! View Halstead Property LLC's 4th Quarter 2007 Market Report Here!
… (0 comments)

new york city real estate: Staging Your Home To Sell - 08/23/07 08:32 PM
Home staging is preparing a home prior to putting it on the market for sale.
Why stage your home? Staging a home can ensure a quick sale.
You may love the way your home looks, but potential buyers may not. When selling your home, staging it professionally can make your home more appealing and more attractive. It depersonalizes your home, reduces its flaws and very often, raises the value of your home. Very often it can bring a higher purchase price.
With shows like HGTV's ‘Designed To Sell', "Bought and Sold",  "Get It Sold", "Buy Me" and TLC's "Flip This House" home owners … (0 comments)

new york city real estate: The Neighborhoods of Manhattan - 07/08/07 11:47 AM
  
No matter where you choose to live in New York City, living here is like no other place in the world. New York City offers Broadway, entertainment, world class museums and art galleries, fashion, shopping, restaurants, finance, diverse and interesting neighborhoods, sports, Central Park and so much more.
No matter what you're looking for, you'll find it in New York City.
Learn more below about the Manhattan neighborhood you want to live in. Should you have any questions about living in any of these neighborhoods, please feel free to contact me and I will be delighted to assist you.
Battery Park City Lying … (4 comments)