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What’s going on in the Manhattan rental Market? Let’s take a look at the October data…
After months of price declines, people are moving back to the city. The number of new leases is finally on the rise surging to the highest October peak in twelve years.
The Number of New Leases surged 33.2% to 5,641 from ...
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It’s official: Fisher Island is set for 57 new condos and 12 single-family homes.
The Miami-Dade County Commission approved a plan last week that would bring the total number of residences on the private, 216-acre island to about 800 condo units and about 20 single-family homes.
Construction of the new residences is slated to begin in 2022, with completion in 2025, according to Kobi Karp, founder and principal of the Miami-based Kobi Karp Architecture & Interior Design, project architect.
Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemichave all had an unexpected impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.
COVID-19 has turned out to be ...
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Coronavirus took its toll on South Florida’s residential markets in the second quarter, with double-digit declines in Miami-Dade, Broward and Palm Beach counties.
Miami-Dade condo sales fared the worst, with sales dollar volume and closings falling by nearly half. Single-family home sales dropped by more than 30 percent in each county, year-over-year, according to the Miami Association of Realtors.
Luxury brokers have pointed to an increase in home sales in waterfront markets such as Miami Beach ...
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In Manhattan, the drops were stunning. July contracts for co-ops priced between $4 million and $5 million were down 94 percent from the same month last year. No contracts were signed for condos above $20 million. Across all price brackets, condo and co-op contracts were down 56 percent.
But in Brooklyn — where New Yorkers often migrate to in search of bigger homes and more open space — the numbers surged: 178 new condo contracts in July, up from 147 last ...
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What’s going on in the Manhattan rental Market? Let’s take a look at July 2020 data…
With the withdrawal of some of the restrictions due to Covid-19 emergency, new rental activity surged month over month but still well below the year-ago levels.
The Number of New Leases (excluding renewals), went down – 23.4% to ...
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