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 […]

Read more

Baccarat Residences on a protected archaeological landmark

10 November 2023

In a landmark decision, Miami’s Historic Preservation Board designated part of the ancient indigenous village site on the Miami River as a protected archaeological landmark.  The site, located at 444 Brickell Avenue, where the discovery of native culture dating back […]

Read more

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, […]

Read more

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 […]

Read more

Condo sale in October 2023 in Miami-Dade county.

3 November 2023

In October, Miami-Dade condo sales, although experiencing a slight dip, reached a respectable figure of $481M down from$548M in September and $700M in August. Last month, a total of 772 condo units were sold , compared to 809 in September […]

Read more

Historic Miami Beach hotel owner plans 18-story tower under state’s affordable housing law

27 October 2023

The owner of Clevelander and Essex House in South Beach, Jesta Group, has filed plans for an 18-story tower in Miami Beach, permitted under Florida’s new affordable housing law, despite initial expectations for a 30-story building.  Criticized by local officials, […]

Read more

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 […]

Read more

Weekly real estate report: waterfront homes (South Miami Beach)  

23 October 2023

45 Active listings: (avg price=$22.3M ; avg price/sqft=$3,973/sqft) Least expensive: 17 closed sales in the last 6 months: (avg price=$23.8M ; avg price/sqft=$3,569/sqft) 4 properties currently under contract: (avg price=$24.450M ; avg price/sqft=$3,491/sqft)

Read more

Weekly Manhattan real estate report

23 October 2023

As of October 23, 2023, the real estate market is still very dynamic. The number of properties on the market witnessed a substantial increase with 392 new listings for sale this week, a rise of +16.3% from the week before. […]

Read more