Tag: nyc real estate

It’s a boom with a view

Buyers have returned, bidding wars are raging, and competition is fierce to nab the perfect NYC pad  By MAX GROSS/The New York Post Late last month, the sales team at 422 W. 20th St., the Brodsky Organization’s new condo building, arrived early to set up for its first open house. It was Saturday morning at…

Owning trumping leasing

Rising rents, cheap mortgages ignite sales of small apartments. By AMANDA FUNG Last week, Michelle Lynn and her husband went into contract on a $360,000 alcove studio apartment on East 57th Street, near the river. The couple, who live upstate, had originally planned to rent a place in town as they did years ago, but…

Seeing a High Rise in Prices

By JENNIFER FERMINO New York Post February 3, 2011 Manhattan apartments ‘sale’ away In another sign that the city’s battered real-estate market is on the way back, prices of apartments and townhouses all around Manhattan are shooting up. The median price of a co-op or condo in the borough is now $880,000 — 3.5 percent…