In the News


5/2/12  StreetEasy Manhattan Market Report for April 2012:  StreetEasy Manhattan Condo Market Index shows that Manhattan condo market in March had a 0.8% increase over a year ago.  Contract volume jumped 11.8@ over a year ago, with the Downtown market showing the biggest increase in contract activity with 22.1% more contracts than this month in 2011.  Get the full report at StreetEasy.com 

5/17/12  City’s job gains in 2012 are best in 60 years:  New York City added 12,000 private-sector jobs in April, bringing this year’s gain to 60,000, marking the best four months since the 1950s, data released Thursday show. Unemployment rate dips to 9.5%.  Read the full article at Crain’s New York 

5/18/12  How’s the Weather Down There?:  New York, it seems, is entering a tall-buildings arms race. By 2016, New York could have 6 of the 10 tallest buildings in the country (with Chicago having the other 4), and 3 of the highest residential structures, according to the Council on Tall Buildings and Urban Habitat in Chicago.  Read the full article in the New York Times

5/18/12  One57 Penthouse sells for more than $90M, breaks the price record:  Gary Barnett has set a new record for a New York apartment sales price with the deal for a penthouse apartment as his One57 worth between $90 million and $100 million for the 10,923 square foot penthouse on the 89th and 90th floors of the new building.  Read the full article at The Real Deal

5/25/12  Now Coveted:  A Walkable, Convenient place:  As a neighborhood moves up each step of the five-step walkability ladder, the average household income of those who live there increases some $10,000. People who live in more walkable places tend to earn more, but they also tend to pay a higher percentage of their income for housing.   Read the full article in the New York Times Sunday Review Opinion Page.

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