Our February Absorption report has come out. Check it out here! Inventory finally rose (a tiny amount) across the entire Manhattan market. The Upper West Side remains the market with lowest inventory, and inventory here is still down 24% year over year. Our economist guru Greg Heym threw out a few predictions, which seem to
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Each February, we hold our firm’s Annual Meeting at Christie’s Auction House. Some fun facts for you about my team and our firm: The Harris Residential Team finished its best year in 2013, with an improvement of more than 50% over our previous (and previously best) year! I appreciate all that our clients, referral sources,
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This month’s run takes us to Upper Manhattan and Riverdale! I was inspired to share this run by a recent article in the NY Times. Taking the article’s recommendations for a “walking tour” of Upper Manhattan, I’ll write below the “running tour.” For this run, make sure you take your Metrocard, and $20. Maybe even
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This month, I’m covering One Riverside Park and 50 UN Plaza. As I mentioned in my market posting, One Riverside Park is already 50% sold out. Technically 50 Riverside Boulevard, it is connected underground to its nearest neighbor, 60 Riverside Boulevard, known as the Aldyn. This means that they share a 40,000 square foot health
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We have been waiting to see our end of 2013 data, as compiled by BHS’s chief economist, Greg Heym, before sending our first newsletter of the year. Sorry for the delay! And Happy New Year! This data includes/offers the latest Absorption Report. On the heels of the State of the Union, the state of the
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Hello and Happy 2014! I’m bringing my love of running to my blog, and incorporating Real Estate aspects of my observations from the street level. We can see a lot more real estate at 8-9 minutes a mile. Not to mention that looking to the left and right is much easier without trying to drive
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In his latest report, Brown Harris Stevens’s Chief Economist, Gregory Heym, indicates stronger national economic growth than expected, despite rising mortgage rates and rising New York City unemployment: THE HEYM REPORT DECEMBER 2013
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Let’s take an end-of-year pulse of the market with an eye on what could shift the market. The main sign, most visible after today’s Fed Announcement, seems to be the End of Easy Money. Will this be a disaster for NYC real estate? Not likely, anytime soon. The strength and pace of 2012 and 2013,
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Back in September, I ran a 10-mile New York Road Runners race in the Bronx, my third sanctioned race along the Grand Concourse. Skirting around hills and Art Deco buildings sparked my interest, along with visits to New Yankee Stadium, Arthur Avenue, Bronx Botanical Garden, multiple running trips to Riverdale and Van Cortlandt Park. My
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The Charles was another casualty of the downturn in 2008-2009. Turns out, though, that it was only partly dead. Instead of being constructed, the Charles had remained an empty lot on First Avenue and 73rd Street for the last few years. As development picked up over the last year, so, too, did the plans for
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