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When Is the New York City Real Estate Market Going to Crash?


When Is the New York City Real Estate Market Going to Crash?
Millionacres
13 hrs ago
Recently,
Google (NASDAQ: GOOGL) reported that the search term "When is the housing market going to crash?" increased by 2,450% in the past month. That's a lot of people waiting for the other shoe to drop in this hot seller's market.
If any of those frantic searches were conducted by home investors in New York City, there's good news: While the Big Apple is still struggling post-pandemic to recover in the commercial real estate market, the residential market is hot. Even with what seemed to be a massive exodus of residents from heavily populated Manhattan during lockdown, the residential market has picked up steam in the city, and it's also going strong in the other four boroughs.

New-york , United-states , Staten-island , Cobble-hill , Brooklyn , New-yorker , Lucas-callejas , Boerum-hill , Michaelj-franco , Justinr-simmons , Steven-gottlieb , Google

7 Historic NYC Buildings Transformed Into One-of-a-Kind Condos


Originally built in 1925 by the Knights of Columbus, this condominium located on Prospect Park served as a clubhouse and hot spot for society events in Park Slope, complete with a ballroom, restaurant, bowling alley, indoor swimming pool, and more. Today, the design firm Workstead, notable for its work on boutique hotels such as the Wythe in Brooklyn, is leading its conversion to residences, which will open later this year. Many of the original features remain intact, such as the stone façade and crown moldings on the ceilings. Amenities include a library, children’s playroom, and rooftop with garden.
Number of residences: 64

New-york , United-states , Upper-west-side , Brooklyn , Christopher-totaro , Ralph-walker , Magnum-realty-group , York-telephone-company , Verizon , Warburg-realty , Historic-new-york-city , New-york-telephone

Homes That Sold for Around $750,000


Homes That Sold for Around $750,000
Recent residential sales in New York City and the region.
Each week,
in New York City and the surrounding region focuses on homes that sold around a certain price point, allowing you to compare single-family homes, condos and co-ops in different locales.
The “list price” is the asking price when the property came on the market with the most recent broker. The time on the market is measured from the most recent listing to the closing date of the sale.
Brooklyn | 2 bedrooms, 2 baths
$700,000
Image
A 1,400-square-foot prewar co-op, with parquet floors, a foyer turned into a dining room, and an eat-in windowed kitchen with granite counters, in a non-doorman elevator building with a live-in superintendent.

New-york , United-states , Syosset , Westchester , Bay-ridge , New-jersey , Brooklyn , Long-island , Connecticut , Rockaway , Ridgefield , Douglas-elliman

What's On The Market For About $8.8 Million In Courvechel, Honolulu And Manhattan

What's On The Market For About $8.8 Million In Courvechel, Honolulu And Manhattan
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Hanauma-bay , Hawaii , Brazil , Honolulu , Manhattan , Courchevel , Rhôalpes , France , Diamond-head , French

'Catwoman' Jocelyn Wildenstein, 80, attends polo event in Miami with fiance Lloyd Klein, 54


Wildenstein and Klein attended the World Polo League Beach Polo event in Miami, Florida, over the weekend 
The socialite, who earned her 'Catwoman' nickname after having plastic surgery to make her look feline, was dressed to impress in an all-black outfit
She topped off the look with a tan leather belt and stack-heeled sandals 
Wildenstein's fashion designer beau protectively held onto her arm as she navigated the South Beach sand in her heels
The couple is believed to be living in Miami following Wildenstein's Chapter 11 bankruptcy protection filing in 2018
In February, her creditors sold off one of her three Trump World Tower units in Manhattan for just under $2 million 

Miami , Florida , United-states , New-york , South-beach , Switzerland , Trump-world-tower , United-nations-plaza , Brandon-cohen , Matalon-shweky-elman , Catwoman-jocelyn-wildenstein , Lloyd-klein

Warburg Realty Taps BHS' Stephen Klym as Tribeca Sales Director

Warburg Realty Taps BHS' Stephen Klym as Tribeca Sales Director
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

Brennan-zahler , Brown-harris-stevens , Stephen-klym , Hall-willkie , Bess-freedman , Frederick-warburg-peters , Stephen-klym-rabih-chebab , Corcoran-group-soho , Warburg-realty-on , Rabih-chebab , Warburg-realty , Corcoran-group

Why Software Is Eating the Home: The Residential Proptech Explosion


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Less than a decade ago, startups valued at $1 billion or more were so rare — so mythical even — that the tech world took to calling them unicorns. In 2013, there were just 39 such magical creatures, a number that has since surged to more than 600.
Residential real estate, a longtime tech desert, had but a couple over the years.
But in the last eight months, four proptech startups focused on the residential industry have hit valuations of $1 billion or more. Three others – Airbnb, Compass and Lemonade – have gone public. Another 10 have plans to merge with blank-check firms, in deals valued collectively at $38.5 billion. Investment in technology aimed at streamlining how we buy and sell homes has exploded. Buyers can view homes without stepping foot in the property, get approved for a mortgage online, obtain title insurance in minutes and notarize documents remotely. iBuyers are enticing customers to sell their homes — lock, stock and barrel — with a few clicks.

Jake-fingert , Amit-haller , Dave-eisenberg , Stuart-miller , Sarra-zayani , Clelia-warburg-peters , Austin-allison , Spencer-rascoff , Brendan-wallace , Marc-andreessen , Mark-pincus , Errol-samuelson

BeautyRx Founder Offers Up Sunny Manhattan Setting For $4 Million

BeautyRx Founder Offers Up Sunny Manhattan Setting For $4 Million
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Yorkville , California , Manhattan , Carl-schurz-park , East-river , Amy-schultz , Phillip-jeffries , Neal-schultz , Forbes-global-properties , Youtube

Mynd Management Expands Leadership Team and Adds PropTech Expert to Board


Mynd Management Expands Leadership Team and Adds PropTech Expert to Board
Top SFR innovator sees opportunity to capitalize in the space, will expand access for both institutional and retail investors
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OAKLAND, Calif., April 12, 2021 /PRNewswire/ -- Tech-enabled real estate management company Mynd Management is announcing four new strategic executives to its team as the company stands poised for incredible growth in the rapidly expanding single-family rental (SFR) space. There are now more renters than homeowners 
in roughly half of America's major cities — an increase of more than 20% over 15 years, and a potential new source of returns for real estate investors. But while there are 

United-states , Americans , America , David-zanaty , Garret-albert , Doug-brien , Clelia-warburg-peters , Alejandro-ayestar , Stanford-university , Northwestern-university , Cornell-university , Warburg-realty

Mynd Management Expands Leadership Team and Adds PropTech Expert to Board

Mynd Management Expands Leadership Team and Adds PropTech Expert to Board
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United-states , Americans , America , David-zanaty , Garret-albert , Doug-brien , Clelia-warburg-peters , Alejandro-ayestar , Stanford-university , Northwestern-university , Cornell-university , Warburg-realty