rebny: NY Citywide Market Report First Half 2013
- 08/16/13 11:43 PM
First half sales and average sales prices of all homes in New York City have been rising steadily since the lowest point of the recession in 2009. In the first half of 2009, 13,903 sales were recorded, with an average sales price of $652,000. The first half of this year registered combined sales of 20,563, up from 18,753 during the first half of 2012 and an average sales price of $792,000—up from $756,000 the previous year. Manhattan and Brooklyn have seen the biggest increases in first half sales and average sales prices of all homes since the financial crisis. Sales in … (17 comments)
International builder and developer Rob Speyer, president and co-chief executive officer of Tishman Speyer, will succeed Mary Ann Tighe as Chair of The Real Estate Board of New York, Mr. Speyer’s term begins in January 2013. Mr. Speyer’s assumption of the chairmanship represents the first time in REBNY’s 117-year history that the post will be occupied by three succeeding generations of a single family. Jerry Speyer, Mr. Speyer’s father, served as chairman from 1986 to 1988. His grandfather, Robert V. Tishman, held the position from 1972 to 1975. Rob Speyer – who will be 43 years old when his term begins – will … (2 comments)
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)
rebny: NYC Urban Umbrella | 21st Century Scaffolding
- 12/09/11 02:38 PM
Sustainable LED lighting with an 11-year lifespan Graceful lighting strategy that enhances storefronts Translucent overhead panels that transmits natural ambient light to the sidewalk Horizontal load equal to 2% of its vertical load Elimination of cross-bracing that visually obstructs storefronts and building entrances 300 pounds per square foot load capacity to protect the public from falling debris and allow for safe construction above Adjustable feet that pivot and extend to accommodate changes in sidewalk pitch, eliminating the need for wood shims
To order the Urban Umbrella, contact the Agencie Group at urbanumbrella@agenciegroup.com.
The current forecast is that Hurricane Irene will reach the New York metropolitan area as a Category One storm. The ground speed of the storm has accelerated; gale forces winds of 40 miles per hour will reach New York City by 9 pm Saturday. The severe weather is expected to last between 12 and 18 hours. As Hurricane Irene continues on its path, the impact on New York City becomes more clear and additional information and precautions are being advised. Updates: * · Mayor Bloomberg ordered a … (59 comments)
rebny: Budget Enables New York to Proclaim Itself Again the Empire State.
- 03/28/11 01:59 PM
Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver announced an agreement on a 2011-2012 budget that eliminates a $10 billion deficit without raising taxes or new borrowing. The decisions needed to reach this agreement were difficult, but were necessary to improve our state’s prospects for renewed growth and economic prosperity for all New Yorkers. The approximately $132.5 billion budget will reduce spending overall by over 2 percent from the current year. This is the first time since the 1996-1997 budget that the state budget was less than the year before. About 2 weeks ago, … (9 comments)
Buildings with flip tax exempt from proposed FHFA ruling that would have restricted financing Sigh of relief for NYC’s residential real estate industry REBNY members warned legislators of proposed ruling’s crippling impact Yesterday, the Federal Housing Agency published a proposed rule that would limit Fannie Mae, Freddie Mac, and The Federal Home Loan Banks from dealing in mortgages on properties encumbered by certain types of private transfer fee covenants and in certain related securities. Addressing the concerns raised by REBNY, the proposed rule now excludes private transfer fees paid to homeowner associations, condominiums, certain tax-exempt organizations that use … (1 comments)
rebny: Not in My Backyard: Anywhere but Downtown Manhattan!
- 01/28/10 10:15 AM
The Manhattan business community and members of the Real Estate Board of New York led by REBNY President Steven Spinola and Bill Rudin, the landlord and Association for a Better New York chairman, are spearheading an effort to move the 9/11 terrorist trial anywhere but downtown Manhattan. Today Mayor Michael Bloomberg came out in favor of moving the trial to another location. Help MOVE THE TRIAL!! Lower Manhattan is the worst place to hold the 9/11 Terrorist Trials. Unless we act now, that is exactly what will happen.These neighborhoods have suffered enough.Here is a quick and easy way to take … (10 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)
A new web portal for REBNY (Real Estate Board of New York) members to market exclusive listings directly to the public will be launched in September. According to REBNY the purpose is to drive consumer traffic directly to the broker. Inclusion in this new venture is being offered exclusively to REBNY Listing Service (RLS) firms at a cost and is voluntary. REBNY will be aggressively marketing ResidentailNYC.com to the public. I first wrote about this in a blog back in November Web portal for public still no MLS for Brokers when it was first announced by REBNY. … (7 comments)
Is History repeating itself in Manhattan? What else is new? In this coming Sunday, April 1, 2007 The New York Times Real Estate section has an article by Josh Barbenel titled Listing dream in Disarray that reports that after REBNY spent weeks meeting the objections of smaller firms, the two largest brokerage companies in Manhattan, Prudential Douglas Elliman and the Corcoran Group, announced that, partly because of the costs involved, they were planning to boycott the new Web site. These two firms have more than 50% of the listings in Manhattan. Each firm has more than 1000 agents. When REBNY … (9 comments)
rebny: Open MLS for the Public but still No Complete MLS for Brokers
- 11/02/06 03:38 PM
The real estate board of New York annouced yesterday that it is developing a web portal that will incorporate all it's members listings in a public website. REBNY is the major real estate board in New York that all the major brokerages 318 firms are members but it is not an MLS. Member firms cooperate. There are brokers in NYC that don't belong to REBNY or MANAR.(The Manhattan Association of Realtors®)
The Manhattan Association of REALTORS® with 30 members and 25% of the listings is the only MLS in Manhattan already has a public website, it's members have IDX and … (14 comments)
First half sales and average sales prices of all homes in New York City have been rising steadily since the lowest point of the recession in 2009. In the first half of 2009, 13,903 sales were recorded, with an average sales price of $652,000. The first half of this year registered combined sales of 20,563, up from 18,753 during the first half of 2012 and an average sales price of $792,000—up from $756,000 the previous year. 
;)
;)
;)
