In a perfect storm of New York City real estate events, Covid emptied office buildings, which were already becoming defunct as modern work spaces, at a time when the housing supply couldn’t meet the demand. Suddenly office-to-residential conversions - which worked well as a redevelopment tool in ...
According to The Elliman Report, Manhattan listing inventory in Q4 2024 was down about 15% year-over-year as compared to Q4 2023. This was especially pronounced in certain sectors -- co-op inventory was down nearly 20%, and luxury listing inventory declined 18%, notable given its rise in previous...
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Chris Jiashu Xu, founder and president of United Construction and Development, has established his firm as one of Queens’ leading developers. Since its founding in 1996, the company has built a diverse portfolio of residential condominiums, hotels, and commercial properties. In 2020, Xu completed...
If you live in New York City and feel like your coop or condo fees are rising more quickly than they did in the past, you're not imagining things. Since pre-pandemic times, fees have spiked citywide. In 2023, Bloomberg reported that fees had risen at a pace three times higher than inflation since...
Manhattan's residential market typically experiences an uptick in the weeks leading to spring, and, despite cold weather and political and economic turmoil, the second full week of February 2025 was no exception. The number of contracts signed experienced a week-over-week uptick with the aggregat...
Many new buildings talk a big game about the jaw-dropping views and luxurious amenities to be enjoyed on their roof decks, but the roofs themselves tend to be aesthetically uninspired and a mish-mash of mechanical units and a cacophony of thoughtless enclosures. There is something to be said for ...
Since 2010, the idea of a floating, self-filtering pool for the East River has been on the drawing board. But in a joint announcement earlier this week, Governor Hochul and Mayor Adams announced that the futuristic +POOL will open off Pier 35 on the Lower East Side this summer, pending successful...
Today is Valentine’s Day, but some have already enjoyed celebrations: In the years since Parks and Recreation’s finale aired, the Emmy-nominated show’s legacy lives on through Galentine’s Day, a celebration of friendship on February 13 that has been embraced enthusiastically off the air. Sometime...
Outside New York City, if you're buying a home, you'll almost certainly undergo a home inspection prior to closing the deal. In New York City, unless you're buying a townhouse or any other type of single-family home, duplex, or triplex, home inspections are often skipped. Still, this doesn't mean...
When you live in close quarters, being a good neighbor is essential, but what exactly does that mean? This article drills down on the unspoken rules of being a good neighbor when you live in North America's most densely populated city at a time when more of us are working, exercising, and doing m...
There is little question that a design by an award-winning architect can draw attention to a New York City building, and buyers appreciate how good interior design can make sleek Modernist spaces appear cozier and homier. But the New York City market is crowded with celebrity architect-designed b...
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