Real Estate

During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.

Over-regulation and the systemic lack of new housing in New York City have created an opportunity for investors in free-market multifamily assets. In this article, we review emerging investment trends, underlying fundamentals and drivers. We also have some recommendations for smaller investors. Investor’s Shift: Regulation Effect #1 Market rate apartments, which make up 45% of

“A room or part of a home in which a woman may indulge in hobbies and interests without being distracted by other family members,” explains Collins Dictionary in defining the she shed, which could easily have added ‘and a response to the better known man cave male equivalent.’ Of course, women have always had their

Forbes Global Properties The explosion of views from this modern waterfront condominium on Norway’s island of Tromsøya is a feast for the eyes: the ocean, fjords, the iconic church known as the Arctic Cathedral and majestic mountains. Yet, despite the feeling of being enveloped by awe-inspiring beauty, the harborfront setting in old town Tromsø is

The local shopping malls of the Nixon era proved a lure too tempting to resist for millions of 1970s teens and young adults. The mammoth monuments to consumerism were besieged by youthful Baby Boomers, who shelled out hard-earned greenbacks at stores like Radio Shack, Just Jeans, The Limited, Kinney Shoes and Musicland. When hunger stirred,

For savvy investors, there could be opportunities in real estate as properties in the current market dip in value. Collectively, prices for all types of property have fallen during the last months, as reported by CoStar. We can expect some owners to look to sell later this year, based on their difficulty to make financial

Tuesday is America’s 247th birthday and millions of homeowners will be celebrating with parties on their property. Independence Day is usually associated with hot dogs, hamburgers, fireworks, outdoor games and red, white and blue party décor – all fun stuff! But it’s also the most dangerous American holiday of the year, according to the health

Selling your home can be a very emotional decision because this is where many milestones in your life occurred. Perhaps it was your very first home, or the first home you bought with your significant other. Or it may be the place where your kids took their first steps, learned how to swim, and celebrated

Forbes Global Properties The Chaffinch House occupies a grand spot in the history of Easton, Maryland. The restored Queen Anne Victorian is one of some half-dozen to still exist in the downtown historic core and a crowning example of the fanciful style that was popular in the late 1800s. Listed as a contributing structure to

Not traditional yet far from modern, contemporary interior design can feel like the best of all words. Audrey Scheck of Audrey Scheck Design tells me, “While modern design refers to a specific time period, contemporary design is a more loose term designating both current and future design trends. Contemporary design evolves as interior design trends

It’s still a seller’s market, and the combination of increased buyer demand and a shortage of housing means you’re definitely on the winning side of the law of supply and demand. In fact, you may end up with several competing offers as buyers try to outbid each other. However, it turns out that you shouldn’t

Forbes Global Properties Spacious multimillion-dollar estates on large lots line the streets of Toronto’s ultraluxury neighborhoods collectively known as Millionaire’s Mile. Bridle Path, York Mills, Sunnybrook and Forest Hill account for the wealthiest areas in the Canadian city. ADVERTISEMENT York Mills, located northeast of the city center, is known for stately homes surrounded by lush,

Forbes Global Properties El Martinete, a storied mansion on southern Spain’s Costa del Sol, is alive with its glamorous past. Located along the Mediterranean Sea in Marbella, an international tourist destination in the Andalusia area, the estate occupies a prime spot on what is known as the Golden Mile―a stretch of waterfront second and third

When it comes to the Manhattan real estate market, new development condos have traditionally traded at a premium compared to resale buildings. These new condos offer modern amenities, state-of-the-art features, and contemporary designs that cater to buyers seeking a luxurious and convenient lifestyle. However, as buildings age, an interesting phenomenon called “premium decay” emerges, highlighting

Pottery Barn Teen and Pottery Barn Kids recently launched a collaboration with Rifle Paper Co that’s just the right mix of cheerful and charming. It’s what every contemporary design lover has been waiting for. Allison Spampanato, Senior Vice President of Product Design And Development for Pottery Barn Kids tells me, “Working with the team at

For many the number one driver in selecting a residence is the desire to reside within one of New York City’s most charming, upscale and historic neighborhoods. An extra bounty of exclusivity is conferred upon those New Yorkers who select residential buildings directly influenced by the city streets and structures around them. Passionate architects and

It’s no secret that there’s a housing shortage in the U.S. and there’s plenty of blame to go around for its myriad causes. These range from the homebuilding industry citing laws and regulations like California’s Environmental Quality Act (popularly known as CEQA), to immigration advocates pointing out a shortage of foreign construction workers exacerbating an

The latest Houzz survey of Summer 2023 emerging U.S. home design trends shows the enduring popularity of features that enhance health and wellness. The home design and improvement platform asked homeowners, home design enthusiasts and industry professionals what they were interested in and working on this season. Among the nine trends identified, five can enhance

A recent analysis reveals that homeowners pay nearly $15,000 a year in hidden costs. We’ve already covered why monthly mortgage payments are higher than anticipated because of such factors as property taxes, insurance, and issues revealed during the underwriting process. However, a new study by Zillow and Thumbtack reveals that utility payments and essential home

Forbes Global Properties Follow the Willamette River south from Portland, Oregon, and you come to the picture-postcard community of Lake Oswego, one of the wealthiest places in the state. It’s 15 minutes from the city but feels light years away. Terry Sprague of Luxe real estate brokerage firm describes Lake Oswego as a “Hallmark city.”