new york Archives - Page 14 of 18 - Rava Realty

Manhattan 1st Quarter 2020 Sales Market Report

Posted by:

Finally after two years of low volumes in the sales market, the first quarter of 2020 showed an increase in closings as sellers became more realistic about pricing.

It must be said that this trend, given it is based on closed sales, doesn’t fully reflect the most recent changes of the market conditions related to the coronavirus pandemic.

Continue Reading →
0

This too shall pass

Posted by:

We can replace the fear with the facts. The NYC real estate market has proven over the last centuries to be one of the safest and sought markets in the world and will be able to overcome this too.

Here follow excerpts from the analysis on the US real estate market of experts Brian Buffini and Lawrence Yun (Chief Economist at the National Association of Realtors):

We have faced many, many different crises in the past as a country.

No matter what, this is going to be a shorter-term situation than what ...

Continue Reading →
0

How NYC Real Estate is dealing with coronavirus

Posted by:

On Thursday, Cuomo said mortgage payments and foreclosures in New York will be suspended for 90 days in light of the pandemic. There will also be a grace period for loan modification, no negative reporting to credit bureaus and no late or online payment fees for the next three months.

Evictions are suspended indefinitely. New York state has suspended eviction proceedings and pending eviction orders until further notice.

Some lawmakers want to suspend construction in the city during the outbreak both to ...

Continue Reading →
0

How NYC is dealing with coronavirus

Posted by:

Gov. Andrew Cuomo issued an executive order that places the state on what he calls a “pause”; nonessential retailers and services must be closed or have their employees work from home, and people are expected to largely stay home, with limited exceptions.

“We need everyone to be safe, or no one can be safe,” Cuomo said during a press conference announcing the new regulations.

Hotels are closing. The MTA has reduced subway service. Broadway has gone dark ...
Continue Reading →
0

Waldorf Astoria condo conversion launches sales

Posted by:

Waldorf_Astoria

The Waldorf Astoria’s condo conversion continues to move forward. Three years after closing its doors for its transformation, the iconic hotel has launched sales for its 375 condo residences. The new residences will range from studios starting at $1.7 million to four-bedrooms starting at $18.5 million

Back in 2014, the developers bought the Waldorf for $2 billion, and in 2017, ...

Continue Reading →
0

Manhattan Luxury Reality Check January 2020

Posted by:

manhattan luxury reality check

We studied hard to deliver a brand new report to you. The Reality Check on the Manhattan Luxury Market. Every week we hear of multi million dollar properties going on the market and sometimes the asking price seems exorbitant, because it is! 

Continue Reading →

0
Page 14 of 18 «...101213141516...»