Category Archives: Market Insight

Lower East Side Real Estate Takes Off

Posted on June 23, 2013 by TrueGotham Blog

The Lower East Side real estate market is taking off this year. People will be seeing several new developments in the area, from residential buildings to large scale projects and more. Both investors and residents are indeed looking forward for … Continue reading →

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Midtown West and other NYC Areas Face Inventory Shortages

Posted on June 18, 2013 by TrueGotham Blog

The stock market is doing great. Unemployment is decreasing. And consumers seem newly confident. But at least one significant obstacle is preventing a surge in home sales in Midtown West and other major New York City areas: Even if people … Continue reading →

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NYC Condo Buyers Getting More Attention from Brokers

Posted on June 15, 2013 by TrueGotham Blog

  With fewer sellers in the market, New York City residential brokers have — inadvertently — found themselves taking on substantially more buyers as clients. Right now, they are working with extremely eager buyers which would normally be spent handling … Continue reading →

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Madonna Sells Central Park West Condo

Posted on June 11, 2013 by TrueGotham Blog

After significantly dropping the price, Madonna has sold her 6,000 square foot Central Park West apartment at Harperley Hall to a prominent hedge fund manager. The diva’s duplex apartment in the 1911 Arts and Crafts-style structure at 41 Central Park … Continue reading →

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Chinatown Links Manhattan to Chinese Immigrants to New York

Posted on June 1, 2013 by TrueGotham Blog

One of the must-see places in New York City is the Chinatown. This is home to the biggest enclave of Chinese people on the Western side of the globe. You can find this at the borough of Manhattan in NYC, … Continue reading →

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Renting Remains a Good Option in Manhattan

Posted on May 28, 2013 by TrueGotham Blog

If you’ve been trying to decide between renting and buying in the Big Apple, data continues to show that renting is the best option.  Recent reports have suggested that New York bucks the national trend of renting vs. buying, where … Continue reading →

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Manhattan Condo Projects Updated for 2013

Posted on May 21, 2013 by ryan

In the second half of 2008, many big New York City developers inundated the market with new condo projects.  During this period the housing market was peaking, and these companies predicted that units in these buildings would sell quickly and … Continue reading →

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NYC Apartment Vacancy Rates Drop to Record Lows

Posted on May 5, 2013 by TrueGotham Blog

The apartment vacancy rate across the U.S. reached its lowest point in over 10 years, and a constant stagnant increase of the income for US employees has affected the capacity of proprietors to augment rents. During the last five years, … Continue reading →

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Top New Construction Rental Buildings in Manhattan

Posted on April 27, 2013 by TrueGotham Blog

In the past several years, the construction boom in New York City has brought with it a wealth of luxury rental buildings.  These buildings feature upscale amenities, a variety of services, and innovative design.  Here’s a look at the top … Continue reading →

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Columbus Square Luxury Apartments in Manhattan

Posted on April 16, 2013 by TrueGotham Blog

Photo taken from Flickr creative commons http://www.flickr.com/photos/ylraw/4557115039/ Columbus Square is in a collection of 5 luxury apartment buildings located in Manhattan. The apartments come with 1, 2 or 3 bedrooms and they provide easy access to some of the neighborhood’s main … Continue reading →

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