News

Move over Dumbo, Boerum Hill is now Brooklyn’s top neighborhood

  If in 2011 Dumbo took everyone by surprise, ranking 4th in the top 10 neighborhoods, in 2012 another Brooklyn neighborhood grabbed the spotlight. Boerum Hill climbed to 6th place with a median sale price of $950,000, surpassing well known upper class neighborhoods like the Upper East Side, West Village and ultimately Dumbo. As our gentrification map shows, Boerum [...]

2017-04-04T02:39:48+00:00By |Categories: New York City, News|Tags: , , |Comments Off on Move over Dumbo, Boerum Hill is now Brooklyn’s top neighborhood

Midtown takes Miami: Is SoFlo the new Soho?

Shopping center and NYC commercial office space owner, Sam Tawfik, recently shelled out $12 million for 27 apartments off of Miami’s Biscayne Boulevard, with hopes of transforming the up-and-coming neighborhood into a 1990’s version of SoHo. "This is the time to be a New York seller and a Miami buyer," said Tawfik. "The upside is [...]

2017-04-04T02:39:48+00:00By |Categories: Investing, News|Tags: , , |Comments Off on Midtown takes Miami: Is SoFlo the new Soho?

Top 5 Priciest Purchases in NYC Real Estate 2012

2012 was the year for luxury real estate in NYC, as many infamous addresses, historical settings, and even one of Manhattan’s most powerful buildings was up for grabs. From billionaires to business moguls, from a casino oligarch to a 22-year-old, buyers broke sales records in NYC residential real estate. Below you will find a compilation [...]

2017-04-04T02:39:48+00:00By |Categories: New York City, News|Tags: , , , |Comments Off on Top 5 Priciest Purchases in NYC Real Estate 2012

NYC Real Estate Slowly but Steadily Advances in 2013

New York City was named one of 10 commercial real estate markets to watch in 2013 by PricewaterhouseCoopers US and the Urban Land Institute. According to Emerging Trends in Real Estate 2013 report, NYC real estate is anticipated to recover in 2013, as modest gains in leasing, rents, and pricing will expand across U.S. markets [...]

2017-04-04T02:39:48+00:00By |Categories: New York City, News|Tags: , , , |Comments Off on NYC Real Estate Slowly but Steadily Advances in 2013

As the NYC Real Estate Market Strengthens, So Does the Number of Agents and Brokers

In 2012, NYDOS granted over 4,000 new salesperson and broker licenses—reaching an all-time high since the housing bust. There is no doubt that the NYC real estate industry has flourished throughout these tough times in the job market, persuading people to consider a career change. As most careers continue to stagnate, a rising number of [...]

2017-04-04T02:39:48+00:00By |Categories: News, Real Estate Learning|Tags: , , |Comments Off on As the NYC Real Estate Market Strengthens, So Does the Number of Agents and Brokers

The Right Time to Consider a Career in Insurance

with REEDC’s Public Adjuster class as part of the Property Casualty Insurance Class Today, Real Estate Education Center’s Center for Insurance Careers over-exceeded its expectations, when its 40-hour Public Adjuster course, in compliance with NY State legal requirements, filled up beyond capacity. There has always been a high demand for trustworthy, competent Public Adjusters; however, after [...]

2017-04-04T02:39:48+00:00By |Categories: Insurance, New York City, News|Tags: , |Comments Off on The Right Time to Consider a Career in Insurance

Housing Heavyweights Put Themselves In Obama’s Shoes

In advance of a two-day forum this week exploring the effectiveness of public and private policy responses to the housing crisis, real estate database Zillow Inc. asked some of the forum’s big-name participants to weigh in on what moves they would or would not have made if they had been in President Barack Obama’s place. [...]

2017-04-04T02:39:53+00:00By |Categories: News|Tags: |Comments Off on Housing Heavyweights Put Themselves In Obama’s Shoes

Grand Concourse Deals Spur A South Bronx Turnaround

The Grand Concourse in the South Bronx, long an emblem of urban decay in New York City, has reportedly started experiencing something of a  resurgence in recent years. The wide avenue, modeled on the Champs-Elysees of Paris, is lined with many spacious art-deco apartment buildings — reminders of the Concourse’s prosperous past — that are [...]

2017-04-04T02:39:54+00:00By |Categories: News|Tags: , , |Comments Off on Grand Concourse Deals Spur A South Bronx Turnaround

Hiring Revs Up For NYC Real Estate Firms

Hiring in the New York City real estate market is picking up as the citywide employment picture is starting to improve across the board, according to a report last week by Real Estate Weekly. Several firms have started to aggressively expand their rosters, focusing primarily on younger workers and high-achieving senior employees, REW said. Firms [...]

2015-10-23T03:42:08+00:00By |Categories: New York City, News|Tags: |Comments Off on Hiring Revs Up For NYC Real Estate Firms

Delinquency, Foreclosures Climb In NY Area

Analytics company CoreLogic Inc. has reported that delinquency and foreclosure rates in the greater New York City area rose at the end of 2011, bucking a national trend toward reductions in both categories. In December 2011, foreclosure inventories hit 4.6 percent, a 0.6 percent increase from the previous year, while delinquency rates hit 7.9 percent [...]

2017-04-04T02:39:54+00:00By |Categories: Investing, New York City, News|Tags: , , |Comments Off on Delinquency, Foreclosures Climb In NY Area