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“Newly signed contracts for single families declined month over month for the first time in 2022. In addition, condo new signed contracts fell for the second time. However, the jump in mortgage rates took some of the edge off of still elevated demand, enabling seasonal expansion of new single family listings.”
(data source: millersamuel.com)
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There were 4,494 New Lease Signings in Manhattan in the month of April -50.5% compared to the same period last year, but that was due to the distortion of surging inbound activity last year as the market woke up post pandemic.
Bidding Wars accounted for more than one in five new lease signings, with a 21.3% market share and a 10.7% average premium above the landlord’s last asking price.
The Median Rental Price was $3,925, ...
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Developers are increasingly planning to build towers in Miami that will reach supertall status (above 300 meters, or around 969 feet), with the real estate market here among the hottest anywhere. And several supertall towers have been announced in recent months, all by top-tier developers.
Here below is the link to the complete article with the list of every supertall currently being planned in Miami. http://ow.ly/WRtc50IMqbr
(source: thenextmiami.com, ...
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New Yorkers will soon be able to hail a taxi on Uber.
The Wall Street Journal was first to break the news of the agreement, which it reported could ease Uber’s driver shortage and direct more business to taxi drivers. I also recommend using Curb (the yellow cab app) https://gocurb.com/ to find a cab and pay for your ride. I use it all the time.
(source: patch.com, picture ...
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Ultra-runner and magician Oz Pearlman just set a record for the number of laps run around the iconic 6.1-mile road in Central Park.
Pearlman ran 19 loops, a staggering 116 miles, 18 miles more than the previous park record set just last year, running nonstop from 6 a.m. on Friday to 1 a.m. on Saturday. The record-setting effort was in support of the Save the Children Ukraine Relief Fund, ending up raising roughly $100,000.
“As a parent of three young children, my heart breaks seeing the horrific violence in Ukraine and its impact ...
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There have never been more office employees going into offices across the United States since the onset of the pandemic, but the in-office population is still less than half of pre-pandemic levels.
A record number of employees were back at the office for the week of March 30, according to Kastle Systems’ “Back to Work Barometer”. While that’s positive news for the office market, the level marked only 42 percent of pre-pandemic levels.
The share of workers back in the office was the highest in around ...
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