Real Estate News from April 2013

  • Jumping Through Hoops: Getting Your Dog Into a “Pet-Friendly” NYC Apartment By Thomas Faddegon | April 05, 2013

    For a city with half-a-million dogs, getting one of them into an apartment or condo is hardly a straightforward process. While the situation has improved dramatically from several decades ago when finding a pet-friendly apartment was virtually impossible, dog owners still struggle to find an ideal living space that won’t turn away their closest companion.

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  • $85,000,000: The Cost of a Full Floor at the Atelier By Aby Thomas | April 05, 2013

    Now here’s a real estate listing worth talking about: Curbed reports of a new listing in the market that is selling all nine apartments on the 45th floor of the Atelier for a whopping price of $85,000,000. Yes, you read that right: the Atelier is seeking a buyer who is willing to cough up 85 million dollars for a 10,000 square-foot space in one of the most luxurious new buildings in Midtown Manhattan today.

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  • Iconic Gas: How A Filling Station Becomes A NYC Historic Landmark By Janna Allen | April 04, 2013

    Historic neighborhoods are nothing new to New York and its residents. The historic Chelsea neighborhood of New York City possesses many luxury residences which have been standing untouched since the early 19th century. The historic Soho-Cast Iron District was established back in 1973, and remains several blocks of industrial building with cast-iron facades and sought-after loft units. Such districts are protected by the Landmarks Preservation Commission, and certain halts are put on proposed developments if they do not gain the LPC’s permission. Still, there has been a lot of expanding going on.

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  • Managing Manhattan’s Inventory Shortage By Thomas Faddegon | April 03, 2013

    We already knew that Manhattan’s real estate inventory has been falling for several years, but in the last two months, the situation has begun to reach critical levels. The absorption rate, or how long it would take to sell off all of the remaining inventory if nothing new was added, has fallen to almost half of its ten-year average.

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  • Make Noho Your Next Stop for a New Home By Aby Thomas | April 01, 2013

    Noho may not be as “big” as Soho, but this downtown Manhattan neighborhood certainly enjoys the same buzz, if not more, as its southern counterpart. The historic district, which once laid claim to having some of the most fashionable streets of New York City, is certainly living up to its legacy—Noho continues to be an extremely desirable neighborhood to live in, with real estate prices here among the priciest you can see in the city today.

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