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December 12, 2008, 6:07 pm
A recent commercial condo sale in New York City is a glimmer of hope in an otherwise rough real estate market. The commercial condo unit has about 1,600 square feet of space, and sold for about 1.6 million USD. This sale represents a high point is ... read more
December 11, 2008, 4:36 pm
Church carolers from the Greenwich Village parish will be singing the praises of the great deals at The Prime Condos, 333 West 14th Street New York City. While caroling is a traditional way to raise funds for those in need during the holidays, it is ... read more
December 10, 2008, 12:18 pm
It's not only residential real estate that is experiencing troubles, commercial real estate investors got caught up in this subprime mess as well, and many commercial properties in New York City are feeling the crunch. Commercial real estate ... read more
December 9, 2008, 12:18 pm
Things are looking good for the real estate market to bounce back in 2009, according to Alexis McGee, president of ForeclosureS.com. Foreclosures are set to decline, and property prices are set to climb in the coming new year, brought on by lower ... read more
December 8, 2008, 12:20 pm
This one won't surprise many paying attention to the Brooklyn real estate market. For October 2008, prices in some Brooklyn neighborhoods are more expensive than similar neighborhoods in Manhattan. It used to be that renters would flock to Brooklyn ... read more
December 5, 2008, 12:29 pm
Rental rates in New York City's Manhattan borough have fallen again for the 4th straight month, with apartment vacancies rising to around two percent. These figures are attributed to the huge fallout in Manhattan's financial industry, which has ... read more
December 4, 2008, 11:20 am
The developers of One Brooklyn Bridge Park are making a renewed effort to find retail tenants to anchor their condo development, formally know as 360 Furman Street. While this Brooklyn waterfront location could be home to restaurants and small ... read more
December 3, 2008, 5:02 pm
Entire blocks of office space in New York City used to be extremely hard to find, but the cooling real estate market combined with the subprime mortgage crisis is affecting commercial office space. Well over 15 million sq feet of empty office space ... read more
December 2, 2008, 7:48 pm
According to an estimate by TransUnion, delinquent NYC mortgages are set to nearly double in 2009 from their 2008 figures. The company estimates that about 6% of New York City mortgage holders will be 60 days behind in their mortgage payments. The ... read more
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