Since the first Manhattan condo was launched in 1965, nearly 3,000 condos have been developed with 115,000 units. Before condos, though, Manhattan was filled up with co-ops. You might expect that condo sales would have...
Latest Posts
Manhattan Resale & New Development All Cash Buyers Tracking Chart (March 2024 Update)
How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? Mar 2024 UPDATE: After a dip earlier in the year, % of cash buyers surged upward in March for both new dev and...
NAR Settlement Agreement PDF
This Settlement Agreement (“Settlement Agreement”) is made and entered into this 15th day of March, 2024 (the “Execution Date”), by and between defendant the National Association of REAL TORS®...
Marketproof – Year-End New Development Reports
Every year, Marketproof releases a year end report on the new development market in NYC. This year-end review delves into the latest trends and provides critical insights and key takeaways about the city’s...
Marketproof – Weekly New Development Newsletters 2023-2024
Each week Marketproof publishes an NYC new development newsletter. These reports provide the most update-to-date info on new development trends. Marketproof Pro subscribers receive these on the day they are published...
Marketproof – Monthly New Development Market Reports
Each month Marketproof publishes an NYC new development market report. They provide timely insight into which projects are getting the most sales. They also include a building of the month or actionable research...
REBNY Universal Co-brokerage Agreement: Jan 2024 Update
The REBNY Listing Service Universal Co-brokerage Agreement Rules and Regulations state the rules for co-broking in New York City. Co-broking is when a home buyer and seller’s brokers coordinate a deal. REBNY-Universal...
The Rise of Boutique Condos in Brooklyn
Boutique condominiums, usually with 10 or fewer homes in them, make up almost half of all the new housing supply in NYC. When we look at the developments that are currently being planned, Marketproof projects that...
AI IN REAL ESTATE
The Hudson Gateway Association of Realtors Inc. (HGAR), OneKey MLS and TitleVest recently hosted a virtual panel featuring several prominent New York real estate leaders to discuss the impacts of artificial intelligence...
The Greene: Manhattan-level luxury, aesthetics, and convenience in LIC
The value proposition of Long Island City’s The Greene is clear: Manhattan-level luxury, aesthetics, and convenience at a discount. Apparently, the consumer enthusiastically agrees, as evidenced by the...
What does a mortgage loan officer do?
Mortgage loan officers work for banks, credit unions, or mortgage companies, and assist borrowers with obtaining a mortgage to finance the purchase or refinancing of a home or other real estate. This post outlines their...
212 Fifth Avenue: Half-Priced Luxury Living on the Park
212 Fifth Avenue is an almost exclusively owner-occupied building at the nexus of the famous street and coveted Madison Square Park. Because the building offers neither studio nor 1-bedroom...