Category Archives: Market Insight

Micro Apartments Becoming More Popular

Posted on September 1, 2013 by TrueGotham Blog

Micro apartments usually range between 180 to 300 square feet, and these are surely becoming more popular among the bachelors and bachelorettes and even for some retirees. These people seek affordable places to live in the state’s most expensive cities. … Continue reading →

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Manhattan Buyers Struggle in a Seller’s Market

Posted on August 25, 2013 by TrueGotham Blog

In a city like Manhattan where only sellers’ brokers have exclusive contracts, representing the buyer can be a pretty tough job. And during these times, it can be tougher than ever, thanks to the ongoing inventory shortage affecting New York … Continue reading →

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Westside Mansion Finally Sells

Posted on August 22, 2013 by TrueGotham Blog

It seems that the long wait is over — the Schinasi Mansion at 351 Riverside St. has finally found a buyer. Of course, it took a long time (particularly seven long years) for it to be bought. And then there … Continue reading →

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Trump Tower Condo Lists for $14.3M

Posted on August 18, 2013 by TrueGotham Blog

Carlos Peralta have made it to the Forbes’ 2003 billionaires list, who happened to mention his interest in hydroponic tomato-growing process and baseball. And this guy also has a good eye for a plush real estate. Home Features According to … Continue reading →

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Brooklyn Prices Rising to Manhattan Levels

Posted on August 14, 2013 by TrueGotham Blog

Many potential home buyers in New York City have historically turned to Brooklyn to find more affordable housing.  But today’s market has taken quite a turn.  The difference in price between a one bedroom apartment in the West Village compared … Continue reading →

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TriBeCa Hotspots in Manhattan for Buyers

Posted on August 8, 2013 by TrueGotham Blog

Tribeca is a neighborhood located in Lower Manhattan, New York City. Its name is an acronym of “Triangle below Canal Street”; the triangle is bound by Canal Street, West Street, Broadway, and Vesey Street. This charming community is comprised of … Continue reading →

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New Skyscrapers to Dwarf Central Park Residences

Posted on August 5, 2013 by TrueGotham Blog

Not since builders stuck a mooring mast on top of the Empire State Building, eclipsing the Chrysler Building as the world’s tallest building, have developers been engaged in the type of skyscraper war that New York City is now witnessing. But unlike the rivalries … Continue reading →

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NYC Leads Cities With Building Booms in 2013

Posted on July 31, 2013 by TrueGotham Blog

Recently a construction research firm sorted through building data for the country’s Metropolitan Statistical Areas (MSAs) to find the 10 places where the most money has been spent so far this year on new construction (from January through May 2013). … Continue reading →

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Seller’s Market Sees More Pocket Listings in NYC

Posted on July 28, 2013 by TrueGotham Blog

There is a growing number of New Yorkers that are venturing into Pocket Listing when it comes to selling their homes. Also known as “executive listing”, “quiet listing”, or “off-market listing”, this real estate term restricts access to a house’s … Continue reading →

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160 East 22nd Luxury Condos in Gramercy Park

Posted on July 23, 2013 by TrueGotham Blog

Gramercy Park has long been one of Manhattan’s most luxurious and prestigious neighborhoods.  The focal point of the area is the lush gated park, and old brownstones and mansions lend these streets beauty and sophistication.  The luxury condos at 160 … Continue reading →

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