Too damn high: Manhattan average apartment prices reach record of $1.87m
- Trend of renting over buying driving up real estate prices by 11% from 2014
- 99% of borough’s apartments and homes available for rent are occupied
Manhattan Real Estate
Manhattan’s hottest real estate offering: $50 Million Presidential Penthouse
Trump SoHo New York, the 46-story ultra-luxury hotel condominium, offers a once-in-a-lifetime opportunity to live perched above downtown Manhattan’s epicenter, just steps away from the city’s most fashionable galleries, restaurants, shops, and nightlife. The luxury hotel unveiled its Presidential Penthouse for a listing price of US$50 million. The Presidential Penthouse promises to be Manhattan’s … Read more
Fifth Avenue, Broadway post substantial asking price increases
Rising asking prices and heavy foot traffic in Manhattan’s high profile shopping corridors make the Manhattan retail real estate sector one of New York City‘s most robust, according to The Real Estate Board of New York’s (REBNY’s) Spring 2013 Retail Report, a report compiling data about asking rents for available space provided by a broad … Read more