Category Archives: Market Insight

New York Brokers Express Growing Confidence in Local Real Estate Market

Posted on May 28, 2014 by TrueGotham Blog

According to a recent survey conducted by the Real Estate Board of New York, real estate brokers in New York are feeling more confident than they did last year. This growth in confidence has been largely spurred by overall improvements … Continue reading →

Posted in Market Insight | Comments Off on New York Brokers Express Growing Confidence in Local Real Estate Market

What’s the Story Behind the Empty Manhattan Retail Space?

Posted on May 21, 2014 by TrueGotham Blog

Anyone who takes a walk through the streets of Manhattan can quickly see that there are several storefronts that are available for rent. While this may seem unusual for an area that is so popular and considered by many to … Continue reading →

Posted in Market Insight | Comments Off on What’s the Story Behind the Empty Manhattan Retail Space?

Chinese Investors Become Largest Foreign Investors in Manhattan Real Estate

Posted on May 7, 2014 by TrueGotham Blog

According to a recent Newsweek article, the Chinese have become the biggest foreign investors in Manhattan apartments. Chinese investors have also been investing heavily in other major cities around the world, including London and Sydney as they look for what … Continue reading →

Posted in Market Insight | Comments Off on Chinese Investors Become Largest Foreign Investors in Manhattan Real Estate

Manhattan Luxury Apartment Prices Continue to Rise

Posted on March 18, 2014 by TrueGotham Blog

Luxury apartment owners in Manhattan are listing a record number of properties for sale lately, with many testing the upper limits of what buyers are willing to pay. As a number of record-shattering deals are made throughout the borough, even … Continue reading →

Posted in Market Insight, New Developments | Comments Off on Manhattan Luxury Apartment Prices Continue to Rise

Harlem Continues to Gain Ground as One of Manhattan’s Hottest Neighborhoods

Posted on March 10, 2014 by TrueGotham Blog

With apartment prices going up over the past year and with demand for homes in the area going up, Harlem has slowly but surely become one of Manhattan’s hottest neighborhoods. Not only does it offer housing at a more reasonable … Continue reading →

Posted in Market Insight, Neighborhoods | Comments Off on Harlem Continues to Gain Ground as One of Manhattan’s Hottest Neighborhoods

5 Manhattan Real Estate Trends for 2014

Posted on January 18, 2014 by TrueGotham Blog

With 2013 closing out on such a positive note, real estate experts are making many bold predictions for the Manhattan real market in 2014. Some of these predictions have been tempered, however, due to the rising mortgage rates expected in … Continue reading →

Posted in Market Insight | Comments Off on 5 Manhattan Real Estate Trends for 2014

Manhattan Real Estate Market Ends 2013 on a Positive Note

Posted on January 14, 2014 by TrueGotham Blog

According to recent reports, the Manhattan real estate market wrapped up 2013 on a positive note. While the 2013 figures are still far from the peak that was reached in 2008, the fourth quarter ended with surging sales and the … Continue reading →

Posted in In The News, Market Insight | Comments Off on Manhattan Real Estate Market Ends 2013 on a Positive Note

Upper East Side Market Sees New Trends

Posted on October 17, 2013 by TrueGotham Blog

Currently underway on the Upper East Side is work on the Second Avenue subway, a nearly $4.5 billion project that will ease crowding on the Lexington Avenue line and improve connections to Midtown and Downtown. The digging is almost done … Continue reading →

Posted in A Broker's Job, Market Insight | Comments Off on Upper East Side Market Sees New Trends

Rentals in Demand in Manhattan

Posted on October 14, 2013 by TrueGotham Blog

The Upper West Side and the Upper East Side are playing Switcheroo when it comes to the most in-demand Manhattan neighborhood with renters. At the beginning of September, the Upper West Side grabbed back the number 1 spot, and the … Continue reading →

Posted in A Broker's Job, Market Insight | Comments Off on Rentals in Demand in Manhattan

NoLita in Manhattan Retails Italian Character

Posted on September 22, 2013 by TrueGotham Blog

Nolita is a beautiful neighborhood in Manhattan that is full of Italian charm.  Short for “North of Little Italy”, the area is bordered by Houston Street on the north, Broome Street on the south, Bowery on the east, and Lafayette … Continue reading →

Posted in Market Insight, Neighborhoods | Comments Off on NoLita in Manhattan Retails Italian Character