Streams

 

 

Real Estate

WNYC News

Albany Under Pressure to Renew Condo & Co-Op Tax Break

Monday, January 14, 2013

The legislature in Albany is back in session, and among the top items on the agenda: whether or how to renew the tax abatement on 364,000 co-ops and condominiums in New York City.

Comments [3]

WNYC News

Fiscal Cliff, Sandy Buffeted Office Market at Year's End

Tuesday, January 08, 2013

In the last quarter of 2012, two contrary forces played on Manhattan's commercial real estate market. The threat of the "fiscal cliff" caused a spike in sales of office buildings, while Sandy's floodwaters put dozens of downtown office buildings out of commission, raising questions about the neighborhood's future.

Comment

WNYC News

Rents Climb Slowly in November

Tuesday, December 11, 2012

Rents on Manhattan apartments continue to rise, but at a slower rate than earlier in the year.

Comment

WNYC News

Real Estate Developers Concerned About Sandy, Obama

Wednesday, November 07, 2012

They may have built the New York skyline, but the city’s real estate moguls are reeling from Sandy’s destruction.

Comment

Features

It’s Official! The Rainbow Room is a City Landmark

Tuesday, October 16, 2012

WNYC

The city's Landmarks Preservation Commission voted unanimously on Tuesday to offer the landmark protection to The Rainbow Room — the supper club that opened in 1934.

Comment

WNYC News

Sellers Scarce In Manhattan Home Marketplace

Tuesday, October 02, 2012

The median home price in Manhattan slipped below $900,000 in the third quarter of this year, compared to the same period in 2011, according to the latest analysis by appraiser Jonathan Miller, who reports on the housing market for Prudential Douglas Elliman.

Comment

WNYC News

Manhattan Home Prices Steady, But What's Selling Is Changing

Tuesday, July 03, 2012

Home prices in Manhattan declined slightly in the second quarter of the year, but what's selling has changed significantly. More people are buying co-ops than condos, and smaller apartments now represent more than half of all sales.

Comment

WNYC News

Seeking a Piece of the City, Bidders Flock to Auction

Thursday, May 10, 2012

Dozens of city-owned properties around the four outer boroughs were auctioned off to the highest bidder as the city spun off some assets Thursday in downtown Manhattan.

Comment

WNYC News

City Properties Hit the Auction Block

Thursday, May 10, 2012

New York City is set to auction off dozens of city-owned properties across the four outer boroughs Thursday morning. It's the first such sale in almost six years, and if every piece is sold, it could bring in at least $6.7 million.

Comment

WNYC News

Chelsea Hotel Tenants Head to Housing Court

Monday, May 07, 2012

Crumbling ceilings, moldy walls and asbestos filled air-shafts -- these are the conditions a group of 36 tenants from the Chelsea Hotel say are sending them to housing court on Monday. They want a judge to order their landlord, Joseph Chetrit, to repair what they claim are hazardous conditions made worse by ongoing demolition work initiated as part of a renovation project.

Comments [2]

Features

That Picasso? Worth About as Much as a Fifth Avenue 5-Bedroom

Monday, March 05, 2012

It's long been axiomatic that a slice of pizza costs about the same price as a single ride on the subway. But here's a new economic parallel for New York City: the most expensive apartments changing hands in the city last year fetched about as much money as masterworks by Andy Warhol and Gustav Klimt.

Comments [1]

WNYC News

Arrival of Whole Foods Could Accelerate Change in Brooklyn Neighborhood

Wednesday, February 29, 2012

Now that Whole Foods has received the needed approvals to build a 52,000-square-foot store on an isolated corner of Gowanus, Brooklyn, observers expect business and residential development in the surrounding area to speed up.

Comments [1]

Soundcheck

Gig Alert: Real Estate

Friday, January 13, 2012

Jersey indie rockers Real Estate perform with Girls and King Krule at Terminal 5 on Saturday. Download the outfit's catchy love song "It's Real."

Comments [2]

The Brian Lehrer Show

Fannie and Freddie Fixes

Wednesday, September 21, 2011

Professor of real estate and co-director of the Richman Center for Business, Law, and Public Policy at Columbia Business School, Christopher Mayer delves into the new housing numbers and suggests that allowing all homeowners to refinance their mortgages would help the market.

For more information about Professor Mayer's proposal, click here.

Comments [24]

WNYC News

Senator: City Not Using Law to Force Upkeep of Foreclosures

Tuesday, August 02, 2011

New York City is not enforcing a 2009 state law that requires owners of foreclosed properties maintain them, according to the state senator who wrote the law.

Comments [1]

WNYC News

NYC Rental Market Heats Up

Tuesday, June 28, 2011

Forget about all those landlord concessions like a month's free rent or a gratis gym membership to go with that one-year lease —  they're so last summer. New Yorkers looking to rent in the five boroughs are facing steep competition for available space, and they're paying more for it.

Comments [2]

WNYC News

New Court Rule Drives Down Foreclosures in NYC

Monday, June 13, 2011

WNYC

Housing advocates say foreclosure actions have fallen dramatically in New York City, primarily because state courts now require loan servicers and banks to verify the accuracy of their documents in foreclosure cases.

Comments [1]

WNYC News

Housing Market Continues to Disappoint

Thursday, May 19, 2011

A flurry of housing reports Thursday, and the market is not looking very healthy.

Comment

WNYC News

Manhattan Rental Market: Prices Up, Vacancies Down

Friday, May 13, 2011

If you are out this weekend looking for an apartment to rent in Manhattan, your options could be limited. A recent report from Citi Habitats, the New York residential real estate agency, finds that the "tenant's market" of the last few years is fast disappearing.

Comment

It's A Free Country ®

Cuomo Can Play Both Sides in Rent Regulation Debate

Tuesday, April 12, 2011

WNYC

In Washington, dinner party conversations revolve around politics. In New York, it’s real estate. And that conversation is reaching a fevered pitch as the June 15th rent regulation laws are set to expire, giving tenant advocates cause for alarm that the deadline will come and go without an agreement in Albany that strengthens their cause.  

In this debate, Governor Cuomo’s deep ties to both tenant groups and the real estate industry are positioning him as a power broker.

Comments [2]