NEW YORK
What Does the Settlement About Broker Commissions Mean for New York?
12 April 2024
So what’s this lawsuit about Realtor commissions all about? This spring has brought significant challenges for the National Association of Realtors (NAR). In a landmark move, the association agreed to a $418 million settlement in March over allegations that its […]
NEW YORK
Vornado proposes innovative concept for former Hotel Pennsylvania location
16 February 2024
Vornado Realty Trust has introduced a new proposal for the site of the former Hotel Pennsylvania at 15 Penn Plaza. The company now aims to develop an 80,000-square-foot multipurpose event space, a significant change from the originally planned 56-story, 2.7 […]
NEW YORK
Weekly Manhattan Real Estate Market Report.
20 November 2023
Supply: There were 194 new properties on the market over the last 7 days, a decrease of -30% compared to last week. This adds to a total supply of properties available on the market for sale at 7,024. Contracts signed: […]
NEW YORK
Financial District: The New York City area where families are occupying vacant office spaces
17 November 2023
In recent years, several old office buildings, including a 1907 office tower and the former Bank of New York headquarters at 1 Wall Street, have been converted into luxury apartments. This change is part of a larger trend in the […]
NEW YORK
Weekly Manhattan Real Estate Market Report.
13 November 2023
Offer: There were 278 new properties on the market over the last 7 days, an decrease of -21% compared to last week. This adds to a total supply of properties available on the market for sale at 7,216. Contracts signed: […]
NEW YORK
New York rent prices fall for two months in a row!
10 November 2023
In October, Manhattan rents decreased for the second consecutive month, indicating that the days of rising rents are coming to an end. According to an appraisal firm Miller Samuel, the median rent was $4,195 last month, up just +4.6% from […]
NEW YORK
Weekly Manhattan Real Estate Market Report.
6 November 2023
Offer: There were 356 new properties on the market over the last 7 days, an increase of +0.30% compared to last week. During the month of October there were a total of 1,588 new properties for sale on the market, […]
NEW YORK
Home prices in the U.S. increased continuously for the sixth consecutive month.
3 November 2023
Notably, the city of Chicago has consistently shown the most significant gains for the fourth consecutive month. The S&P CoreLogic 20-city house price index demonstrates a +1% rise in August compared to the previous month, while the national index exhibits […]
NEW YORK
The legendary Flatiron Building is being converted into residential!
27 October 2023
The Flatiron Building is undergoing a residential transformation, as the Brodsky Organization has purchased a share in the renowned landmark. Teaming up with the Sorgente Group, the prominent New York real estate family will oversee the conversion of the 120-year-old […]
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Christophe
Bourreau
Founder
Licensed Real Estate Broker in New York and Florida
Member of the National Association of Realtors (NAR)
Member of the Real Estate Board of New York (REBNY)
Member of the Miami Realtors Association (MIAMIRE)