brokers: NYS real estate agency law: Have you heard about the changes?
- 12/19/10 05:07 AM
Beginning January 1, 2011, New York State Real Property Law will bring changes that increase the transparency of the real estate process and offer increased protections for consumers and real estate brokers.These amendments will impact real estate brokers by requiring that agency disclosure forms be completed for all residential transactions and permitting consumers to give their advance consent to dual agency representation.Prior to the amendment, verbal consent for agency disclosure was accepted for multifamily buildings over four units. The new law specifies that a written agency disclosure form must be used for all residential transactions. In addition, the amendments have created … (0 comments)
brokers: Third Quarter 2009 Manhattan Market Report
- 10/03/09 03:34 AM
Third Quarter 2009 Manhattan Market Report is in While the residential market is not back to where it was before the collapse of Lehman Brothers, things have improved over the past several months. With a slow start, the spring buyimg market picked up. National housing indicators are turning around and job losses are slowing. Many feel that the worst is now behind us. The average price for Manhattan apartments was $1,274,563 during the third quarter of 2009, up slightly from the prior quarter. While the average price is still 13% lower than a year ago, this is an improvement from the second quarter's … (0 comments)
brokers: July 4th 2009 in Manhattan
- 07/05/09 02:04 AM
Since 1976 the tradition of Macy's fireworks took place on the East River in Manhattan. This year to commemorate the 400th anniversary of the exploration of the Hudson River by Henry Hudson, the 2009 Macy's July 4th Fireworks extravaganza took place on the Hudson River, This year's fireworks featured more than 40,000 shells exploding at a rate of more than 1,500 per minute. The fireworks were synchronized to a score of patriotic standards, classic river-themed works, and original music. Performances by the New York Pops and Broadway superstars Audra McDonald and Idina Menzel performed. … (0 comments)
brokers: Why New York Is An Amazing City To Live In / Localism Featured
- 07/12/08 08:24 AM
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)
brokers: Living Green
- 06/14/08 06:40 AM
While new developments in Manhattan are becoming more environmentally conscious, there is a new "green" architectural beauty, which will be home to 251 condominium residences with expected occupancy in 2008. Designed by Pelli, the green building will utilize natural and environmentally safe building materials throughout. From eco friendly paints, pesticide free rooftop gardens to the custom bamboo cabinets and wood flooring that was harvested in accordance with the Forest Stewarship Council. Of course, this is just one new development. No matter where you purchase your new home in Manhattan or anywhere else in the country, you can still live "green." For … (0 comments)
brokers: Manhattan Real Estate Slower, But Still Not In A Slump - It's A Good time For Buyers
- 05/10/08 10:27 AM
Foreclosures across the country are increasing in numbers, but not in Manhattan. The reason is partly due to closings at 15 Central Park West and The Plaza, and partly because of the increase of foreign buyers. Additionally there has been activity from domestic buyers with new Manhattan developments. The median sales price of Manhattan condo, co-op and cond-op apartments dropped in January from the month prior to $850,000 from $928,378 - a 9.2 percent change According to Wells Fargo Economics, the April 2008 economic data showed a fair amount of economic stabilization, suggesting the slump hasn't gained much momentum. … (0 comments)
Beginning January 1, 2011, New York State Real Property Law will bring changes that increase the transparency of the real estate process and offer increased protections for consumers and real estate brokers.These amendments will impact real estate brokers by requiring that agency disclosure forms be completed for all residential transactions and permitting consumers to give their advance consent to dual agency representation.Prior to the amendment, verbal consent for agency disclosure was accepted for multifamily buildings over four units. The new law specifies that a written agency disclosure form must be used for all residential transactions. In addition, the amendments have created … (0 comments)
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