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Is it better to rent or buy in NYC?
There’s no one-size-fits-all answer to the age-old question Matthew Williams Expensive and New York City are two words that often go hand in hand, especially when we’re talking about real estate. The city has been the second-most-expensive place to rent in the country...
read moreAugust: No Longer The Dead Zone For Real Estate
With each passing year, more buyers recognize that and use the summer to find those opportunities and lock them down. Photo by Patrick Tomasso on Unsplash August, the month when residential real estate in New York dies as everyone goes to the countryside. The...
read moreWho Says New Yorkers Are Rude? Survey Shows Big Apple Is Friendliest City In Nation
GETTY IMAGES New York doesn’t exactly have a reputation for congeniality. Eye contact is often considered rude, saying “hello” takes up precious spare time in a day, and knocking over someone’s $1 cup of deli coffee is an unofficial crime. A new report from StreetEasy...
read moreHere’s What You Need To Know To Survive NYC’s Summer Rental Market
Summer is the hardest time to rent an apartment in New York City, so be prepared to pounce. GETTY The crippling heat waves and power outages aren’t the only things that make summer in New York City unbearable. It’s also the worst time to look for a rental...
read moreManhattanites need to make $115K to afford the average 1BR rent in the borough: report
In many neighborhoods, you’ll need a six-figure salary to afford a studio or one-bedroom It’s no secret that New York City is a very expensive place to live, and that rents are soaring—especially in Manhattan, where just last month the median rent reached an average...
read moreWant to buy an investment apartment to rent out? Here’s what you need to know
A one-bedroom Tribeca condo, 181 Hudson St., #5B, is on the market for $1,850,000. The desirability of the prime Manhattan neighborhood offers protection from volatility. Buying an investment property is out of reach for many New Yorkers, but for those who can swing...
read moreA Deep Dive: Pools in NYC condos and rentals making the biggest splash
Brooklyn Point via Williams New York On the heels of a blistering heat wave where temperatures peaked at 113 degrees Fahrenheit, New York started the week with two days of temperatures with a “real-feel” of around 100 degrees. A meteorologist points out...
read moreEco-Friendly Mansions Can Hold Hidden Bargains for Home Buyers
There’s still a premium on “green” construction costs, but that doesn’t necessarily translate to resale prices. Photographer: DERRICK LOUIE In 2012, Dani Mouawad purchased a 1.55-acre piece of property in Chapel Hill, NC, then spent 10 months constructing a...
read moreAlmost 40% of U.S. Homes Are ‘Free and Clear’ of a Mortgage
More Americans are living mortgage free. Source: Housingwire About 37% of U.S. households are “free and clear,” meaning they no longer have a home mortgage to pay, according to a Zillow data analysis. This number ticked upward after the Great Recession and over the...
read moreThe Upper West Side’s oldest buildings are posh once more
Then and now: The Belnord is a 1908-built Gilded Age apartment complex that takes up an entire city block at 86th and Broadway. HFZ Capital and Westbrook Partners are converting the rental into condos that are currently for sale from $4.99 million. New York Public...
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