Manhattan real estate

Drop in Manhattan Apartment Rent Begins to Attract New Renters

Manhattan Is Now a ‘Buyer’s Market’ as Home Prices Decline Due To Rising Inventory

The average sale price of real estate properties in Manhattan fell by 3.3% in the second quarter of 2024.

Manhattan Offices Now Emptier Than Ever, Vacancy Rate Soars to 18%: Report

The office vacancy rate was just 10% in March 2020 prior to the COVID-19 lockdowns. Offices in Manhattan are now emptier than ever, hitting a new record of over 18% vacancy in the first quarter of 2024, according to a report.

Manhattan Rents Sink for the First Time Since the Great Recession

The second quarter of 2020 saw New York City's real estate market plummeting due to the pandemic as rental prices in Manhattan sank for the first time since the Great Recession, the latest study says.

Real Estate News: New Report Reveals Manhattan as the Worst Place to Rent in the US

A recent study revealed and confirmed that renting in Manhattan is prohibitively expensive and the worst in a wide range of criteria.

Luxury Real Estate Markets Levelling Off Despite New Inventory

Houses that are priced at the top of the luxury market felt a decline in demand compared to the last quarter of 2015. The average sale price of a home in the Hamptons, one of the luxury neighborhoods in the US, was at $8.8 million for the first quarter of 2016. In 2015, a similar home in the same luxury neighborhood was at $12.3 million.

Real Estate News: Manhattan Rents Drop for the First Time Since 2014

In the last two years, cost for rentals in Manhattan has slightly dropped, according to Elliman market reports.

Insana Predicts Crash of Manhattan Real Estate Market

Manhattan real estate news contributor Ron Insana warned that New York City's real estate market was about to crash. He claimed that while the Manhattan skyline was filled with construction, reflecting a building boom, it was all for high end condominiums.

Celebrity Homes: Take a Look Inside News Anchor Katie Couric's Huge Upper East Side Condo Worth $12M

News anchor Katie Couric recently bought a stunning Manhattan condo for $12 million. News anchor Katie Couric recently bought a stunning Manhattan condo for $12 million.

Why Investing in Manhattan Real Estate Is the Best Decision

If there's any best decision you could ever do as a businessman, that's investing in Manhattan real estate.

The Oprah in Mexico Invests In Manhattan

Mexico's Oprah bought a home in Manhattan. Find out details here. So much about Oprah Winfrey, let's talk about another Oprah. Martha Debayle, dubbed as "the Oprah Winfrey of Mexico," has just invested in Manhattan, recent reports say.

Manhattan Real Estate: What’s Next for One of the Most Expensive Areas in the US?

Manhattan properties have steadily increased prices over the years. So, what can be expected of the area's real estate next?

Take a Peek at Manhattan’s Priciest Listings for This Week

This week, several Manhattan properties with asking price of more than $10 million hit the market. In the past week, there were at least 15 properties with prices of $10 million and above that hit the market.

Luxury Listing NYC: Norman Foster Penthouse Seeks $65M

A luxury listing in New York is priced at $65 million. The sales began last week. A Norman Foster penthouse that occupies the 60th and 61st floors is currently on the market for $65 million.

BID New York Rezones Area Along Water Street to Revitalize Lower Manhattan

The business improvement district of New York is set to rezone an area along Water Street, specifically between Whitehall streets and Fulton, infilling over 110,000 square feet of space in the arcade.

Barclay-Rex to Open New Private Club, Store and Apartments in the Financial District

Many of the businesses that are based in Manhattan are struggling to reinvent themselves by adding private clubs to attract a younger generation.

Tips for First Time Buyer: What Real Estate Properties Are Listed in Brooklyn and Manhattan Neighborhood These Days?

Brooklyn and Manhattan are always considered the best neighborhoods in New York City. There are several properties that are listed in the market today. Let's take a look at some random listings in the real estate market.

Manhattan Real Estate: Booming of Manhattan Hotels Becomes Historical

Manhattan has booming hotels nowadays. All places must have a declining real estate except Manhattan's. Reports say that it is currently experiencing a historic hotel boom.

Penthouse Magazine Relocates to Los Angeles

The Penthouse Magazine goes paperless this year. But why relocation? Find out here. Everything seems to have changed this year, including the Penthouse magazine.

Thriving Residential Real Estate Market Reportedly Linked to Money Laundering

The ongoing investigation of the Treasury Department is important to track down the money laundering activities that are being linked to real estate industry.

NYC Real Estate: RXR Realty to Create Retail Space at the Starrett-Lehigh Building

RXR Realty reportedly plans to add a 50,000-square-foot retail space at the Starrett-Lehigh Building in Manhattan, New York City.

New York City's Hot Real Estate Market Seen to Continue in the Next 12 Months

Would prices go even higher? New York City, one of the best places cities to live in the world and comparable to London when it comes real estate pricing and luxury.