Each month Marketproof publishes an NYC new development market report. They provide timely insight into which projects are getting the most sales. They also include a building of the month or actionable research...
Latest Posts
The Greene: Manhattan-level luxury, aesthetics, and convenience in LIC
The value proposition of Long Island City’s The Greene is clear: Manhattan-level luxury, aesthetics, and convenience at a discount. Apparently, the consumer enthusiastically agrees, as evidenced by the...
What does a mortgage loan officer do?
Mortgage loan officers work for banks, credit unions, or mortgage companies, and assist borrowers with obtaining a mortgage to finance the purchase or refinancing of a home or other real estate. This post outlines their...
212 Fifth Avenue: Half-Priced Luxury Living on the Park
212 Fifth Avenue is an almost exclusively owner-occupied building at the nexus of the famous street and coveted Madison Square Park. Because the building offers neither studio nor 1-bedroom...
The Bellemont – A $220M NYC real estate success story
When New York City developer, the Naftali Group, commissioned Robert A. M. Stern Architects to design The Bellemont, a boutique ten-unit, limestone-clad condo on the Upper East Side corner of Madison Avenue and 86th St...
Manhattan co-ops maintain sales share, but condos get price premium
Since the first Manhattan condo was launched in 1965, nearly 3,000 condos have been developed with 115,000 units. Before condos, though, Manhattan was filled up with co-ops. You might expect that condo sales would have...
Walker Tower: A Story From Every Angle
Everything is a story at Walker Tower – the prices, the residences, and the headlines. The building was developed by JDS Development Group and is located in Chelsea at 212 West 18th Street. Contracts were signed between...
A Condo Offering Plan: All You Need to Know
A condo offering plan is a disclosure document that lays out the terms under which a sponsor, that is, the owner of the property, can sell you a condo (or parking space or storage bin). Attorneys who specialize in this...
Secret Condos: Finding the Next $250M Penthouse
Manhattan’s trophy condo towers have secret penthouses that aren’t for sale… at least not yet because they need to be priced. Could there be another mansion hiding in the clouds that’s worth $250M...
Yes, There is an NYC Super’s Unit Valued at $8M
Want a golden ticket to Billionaire’s Row? Become a building super. With intense competition for the best supers, NYC’s most luxurious new condos have units for live-in supers that are prime real estate. The...
What Does a Condo’s Super Do?
In a condominium, a building super, also known as the Resident Manager, is responsible for overseeing the maintenance and operations of the building. Their specific duties can vary depending on the size and needs of the...
NYC Real Estate Books: Liar’s Ball – The Story of NYC’s GM Building
“Liar’s Ball” is a non-fiction book by Vicky Ward that tells the story of the sale of the iconic New York City building, the General Motors (GM) Building, in 2008. The book provides an in-depth look...
