Flatiron, New Listing, Sale, TheHoffmanTeam

New Sales Listing – 18 East 18th Street, Apt. 4W

18 East 18th Street, #4W  Price: $3,995,000 Monthly Maintenance: $3,808 Minimum Percent Down: 25% Flatiron District Cooperative Loft | 2 Beds | 2 Baths | 1 Half Bath Approximate Sq. Feet: 3,300 Listing ID: 2314424 Introducing an incredible turn of the century true Flatiron loft. Your keyed elevator will open directly to your 3,300 square feet of loft. The possibilities are endless. Live in the … Continue reading New Sales Listing – 18 East 18th Street, Apt. 4W

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Press

11 Mistakes to avoid when buying a New York City Co-op

11 Mistakes to Avoid When Buying a New York City Co-op The New York City co-op buying process may have you wondering if the principals of honesty, integrity, and good faith exist in the real estate market. They do, we can assure you, even though you may be feeling doubtful. To understand why so many wannabe co-op buyers are jaded you need to see that … Continue reading 11 Mistakes to avoid when buying a New York City Co-op

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Monthly Update

The Monthly Update – January 2016

Closing 2015 Strong! The sales market in the city kicked into a high gear to close out 2015 despite a touch-and-go third quarter, with plenty of real estate brokers and real estate attorneys reporting that buyers were feeling either pressure or excitement to sign contracts before the end of the year. Whether it was the FED finally raising interest rates that spurred buyers on or … Continue reading The Monthly Update – January 2016

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6SqFt NYC, Douglas Elliman

Median Sale Price in Manhattan Hits 27-Year High at $1.15M – 6sqft

If you thought you were going to get a deal on a Manhattan apartment this year, you might want to reconsider your big plans. A new report from Douglas Elliman shows that in the fourth quarter of 2015, the borough’s median sale price jumped 17 percent to $1.15 million, breaking a 27-year record, according to The Real Deal. If that wasn’t enough to make you pause, the report … Continue reading Median Sale Price in Manhattan Hits 27-Year High at $1.15M – 6sqft

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6SqFt NYC

The City’s First LinkNYC Wi-Fi Kiosks Unveiled – 6sqft

As Crain’s first reported, the first of the city’s upcoming 7,500 LinkNYC Wi-Fi kiosks have officially rolled out today. Two new “links” (as they’ll be called), have sprouted up along Third Avenue in the East Village, one at the corner of East 15th Street and the other at East 17th Street. Each kiosk measures 9.5 feet tall and will be equipped with a gigabit-speed Wi-Fi connection with a … Continue reading The City’s First LinkNYC Wi-Fi Kiosks Unveiled – 6sqft

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Press

Courtyard Buildings Haven’t Lost Their Cachet – BrickUnderground

If buying a place with a private terrace just isn’t financially feasible for you, a building with a common courtyard could very well be the perfect solution. Douglas Elliman’s Ralph Modica and Dylan Hoffman plunge into the pros and cons in this week’s Buy Curious. THE WISH LIST: I’ve always wanted to live in a courtyard building. Can you recommend some? THE REALITY: Although you … Continue reading Courtyard Buildings Haven’t Lost Their Cachet – BrickUnderground

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LuxuryMarket, TheRealDeal

Sales of $10M+ Apartments Were Down 14% in 2015 – The Real Deal

From left: One57, rendering of the Baccarat Hotel and Residences, and One Madison   Though Manhattan apartment prices hit record-breaking levels last year, the same could not be said for the volume of luxury apartment sales. Sales of units priced at $10 million or more in the borough fell nearly 14 percent year-over-year in 2015 — with only 177 apartments at that price point sold … Continue reading Sales of $10M+ Apartments Were Down 14% in 2015 – The Real Deal

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TheRealDeal

Manhattan land was worth $1.4 trillion total in 2014 – The Real Deal

Real Land Values Index for Manhattan, 1950-2014, (1950=100). Logarithmic scale. (credit Barr, Smith and Kularni) A group of economists think they know what all the land in Manhattan is worth: $1.4 trillion. Jason Barr, Fred Smith and Sayali of Rutgers University analyzed sales of vacant Manhattan properties that year, and extrapolated the figures to include all the parcels on the island. The team analyzed data … Continue reading Manhattan land was worth $1.4 trillion total in 2014 – The Real Deal

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TheRealDeal

Study Proposes a $1.7B Brooklyn-Queens Waterfront Streetcar – The Real Deal

It’s no secret that the Brooklyn and Queens waterfronts are teeming with development. Now, a proposed $1.7 billion streetcar route promises to improve transit and accessibility through the boroughs’ waterfront neighborhoods. The Friends of the Brooklyn Queens Connector – a nonprofit whose members include experts, community leaders and developers like Doug Steiner, Fred Wilson and Helena Durst – commissioned a study that details sleek new streetcars running … Continue reading Study Proposes a $1.7B Brooklyn-Queens Waterfront Streetcar – The Real Deal

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Crains, Curbed, LuxuryMarket, NewDevelopment

First Look at Rafael Viñoly’s Boxy Chelsea Office Building – Development Update-o-Rama – Curbed NY

A recent Crain’s article about the trend of “boutique office properties” offers one particularly interesting tidbit for the architecture-obsessed: the first rendering of Rafael Viñoly‘s latest NYC commission, an office building at 61 Ninth Avenue. Viñoly’s building will replace the nearly century-old Prince Lumber, a holdover from the Meatpacking District and Chelsea’s industrial days. The new structure will stand nine stories, with 115,000 square feet … Continue reading First Look at Rafael Viñoly’s Boxy Chelsea Office Building – Development Update-o-Rama – Curbed NY

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