In the News


In The News

4/16/12  The world’s most expensive one-bedroom condo?:  And you think New York Apartments are expensive?   A one-bedroom penthouse condo was listed recently in Tokyo for 1.8 Billion yen roughly $22 Million.  The apartment is 4,400 square feet and loaded with amenities.  Read the full article at Yahoo! Real Estate

 4/19/12:  Prudential Douglas Elliman Releases Brooklyn Sales Market Report for 1QTR 2012:  The Brooklyn market continued to enjoy stabilizing prices and a steady level of new development activity. Mortgage rates dropped to record lows, which helped lower priced co-op sales retain greater market share. Listing inventory fell below the five-year average, in turn tightening the listing discount negotiated between buyers and sellers. Despite the economic challenges facing the region, Brooklyn continued to be one of the better performing housing markets in New York City.  Get the report from Prudential Douglas Elliman here.   

4/19/12:  Prudential Douglas Elliman Releases Queens Sales Market Report for 1QTR 2012:  Record low mortgage rates helped create a surge in lower priced co-op sales in the fourth quarter that continued into the new year. This trend combined with the decline in listing inventory has brought some stability to the market. Although prices softened somewhat over the past year due to tight credit and a weak economy, we are encouraged with the progress of the Queens housing market so far this year.  Get the report from Prudential Douglas Elliman here.

4/19/12  Rental website Rentenna.com seeking “hottest doorman” in the city:  Rentenna.com, a website for locating New York City rental apartments, is sponsoring an unconventional beauty contest, the Wall Street Journal reported — for New York City’s doormen. The start-up began accepting nominations for the city’s most attractive doormen last week, the Journal said, and more than three dozen have been put forward by their tenants so far.  Get all the details at The Real Deal

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