brooklyn: Brooklyn Market Report | Fourth Quarter 2016
- 01/16/17 08:02 PM
Brooklyn Q4 2016 Report The 4th Qtr. 2016 saw continued 2016 trends of record sale prices achieved and challenged inventory levels – less availability at the lower end of the market and increased inventory at the high end. Contracts signed this quarter were almost level with the previous quarter, but market-wide closed sales and contracts signed were lower this quarter than a year ago. Closed sales, which reached an all-time high in the fourth quarter of 2015, declined 26% in the fourth quarter of 2016. Contracts signed were 1% less than 3rd Qtr. 2016 and 12% below a year ago. Inventory … (6 comments)
brooklyn: Brooklyn Market Report | Fourth Quarter 2015
- 01/14/16 02:57 AM
I am delighted to share with you our Q4 Brooklyn Report. Inside you will find a detailed analysis of residential real estate sales that closed in Brooklyn in Q4 2015 (October 1st through December 31st).
Key Findings of the Fourth Quarter Report:
Fifth consecutive quarter of price growth. The median sale price in Brooklyn rose 9% versus the year before and now stands at $545,000. Both the average and the median price per square foot exceeded $800 for the second consecutive quarter. More sales again. The pace of closings increased by 6% year-over-year, making Q4 2015 the most active Fourth Quarter for sales in eight … (10 comments)
brooklyn: Just Listed | 225 South 3rd Street Williamsburg
- 03/06/15 09:24 PM
225 South 3rd Street Apartment 17 Williamsburg Williamsburg runs from Flushing Avenue to Metropolitan Avenue and Bushwick Avenue, east from the Brooklyn Navy Yard. Williamsburg has undergone one of the most exciting real estate transformations of any area in New York City. The warehouses and garages of the past have undergone spectacular renovations into modern industrial lofts, which rub shoulders with new high-rise condos.The area is divided in half into North and South Williamsburg by Grand Street. The Mason-Fisk building, a new brick loft condo conversion at 72 Berry is situated within North Williamsburg, offering a virtual doorman, a … (6 comments)
Summary Intense demand in Brooklyn fueled price improvements in all metrics during 2014. Overall average condo and co-op price was 12% higher than a year ago and average price per square foot grew 9%. Overall median price increased 3%, exhibiting slight price growth in the middle of the market. Historically low condo and co-op inventory contributed to the 5% decline in the number of closed sales. New developments introduced during 2014 provided little relief to the long-term inventory shortage as most buildings have been met with fast absorption despite continued price increases. Just over 3,800 apartments … (4 comments)
brooklyn: Williamsburg Brooklyn | HOT Neighborhood
- 02/19/15 11:44 PM
Williamsburg runs from Flushing Avenue to Metropolitan Avenue and Bushwick Avenue, east from the Brooklyn Navy Yard. Williamsburg has undergone one of the most exciting real estate transformations of any area in New York City. The warehouses and garages of the past have undergone spectacular renovations into modern industrial lofts, which rub shoulders with new high-rise condos.The area is divided in half into North and South Williamsburg by Grand Street. The Mason-Fisk building, a new brick loft condo conversion at 72 Berry is situated within North Williamsburg, offering a virtual doorman, a shared roof terrace, central air conditioning, washer-dryer hookups, … (1 comments)
brooklyn: Hot Dogs, Fireworks, Revolutionary War Tour - Fourth of July in NYC
- 07/03/10 01:02 AM
Happy Fourth of July Start the day with the Ultimate NYC Brooklyn Tradition... Nathan's Famous July 4th Hot Dog Eating Contest How many hot dogs could you eat in 10 minutes? One? Three? Try 68. That’s the current world record, set by California-born Joey “Jaws” Chestnut at last year’s event. Nathan’s Famous, Coney Island on Sunday, July 4th at Noon or coverage on ESPN. Enjoy the the Night Sky Over the Hudson from Manhattan Macy's Fourth of July Fireworks Spectacular 2010 This year, the Macy's 4th of July fireworks show will be displayed along the Hudson River. The show starts at … (6 comments)
In a five-borough residential report released by the Real Estate Board of New York, the average price of an apartment jumped 23 percent, while each borough recorded a higher average price for one- to three-family dwellings in the last 12 months. According to the quarterly report, the average price for New York City apartments rose 23 percent, to $745,000, in the first quarter of 2007, compared to a year earlier, while the median price for city units rose 20 percent, to $450,000. At $1,107,000, Manhattan had the highest average, with Brooklyn second, at … (8 comments)
Brooklyn Q4 2016 Report The 4th Qtr. 2016 saw continued 2016 trends of record sale prices achieved and challenged inventory levels – less availability at the lower end of the market and increased inventory at the high end.
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