The Elliman Report – 4th Quarter 2012

4q12MRH The 4th Quarter Manhattan Sales Highlights from Douglas Elliman & Miller Samuel Here the bullet points: The number of listings fell 34.2% from prior year levels to a 12-year low of 4,749. As a result, the pace of the market quickened, with the monthly absorption rate falling to 5.5 months, the second fastest rate since […] Continue reading →

Contract Signed Report – November 2012

November 2012 Contract Signed Report The Elliman Contract Signed Report – November 2012 Here are some bullet points for you: Median sales price increased to $1,105,000 from $980,000 Average sales price increased to $1,973,769 from $1,792,933 Discount from Last Asking Price increased to 3.8% from 3.5% Discount from Original Asking Price decreased to 5.8% from 6.2% Transactions over $1,000,000 increased […] Continue reading →

Free Stuff at Union Sq Market

swumbrella Seamless web is at the Union Square Holiday Market today giving out $5 gift cards and branded umbrellas for downloading their app on your smartphone, or showing them that you have it installed already. I don’t know how long there are there for, or if they will be there again tomorrow. I just ordered sushi! Continue reading →

Global Rainbow

20121128-230839.jpg Here are a couple of photos of the Global Rainbow After the Storm, at the Standard Hotel in the Meatpacking District. It was set up by artist, Yvette Mattern and the lasers point in the direction of the areas most affected by Hurricane Sandy. You can see it again tonight (Thu 11/29/12) starting at 8pm. Continue reading →

How is the Market?

sunsetnyc The internet is flooded with way too much information regarding the real estate sales market. What I like to do is talk to my audience as if they asked an experienced New York City real estate agent, “So how’s the market?” Right now, this is the most common theme: “There are much fewer apartments on […] Continue reading →

Featured Rental – The Trump Park Ave

LR 502 Park Ave, 10th Floor – Central Park Area Step inside the Prestigious Trump Park Avenue. One of the most desired Full Service Luxury Buildings in Manhattan. This Rare Four Bedroom layout offers an extremely Large, Open Living Room with Windows All Around. Each Bedroom is quite sizable including a Master Bedroom with En-suite Bath […] Continue reading →
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