Monthly Archives: May 2022

Discover This Perfect Midcentury Modern Pocket of Homes in Lake Highlands

May 25, 2022 |

This week’s High Caliber Home, sponsored by Lisa Peters of Caliber Home Loans, takes us to an amazing pocket of Midcentury Modern homes in Lake Highlands. See More…

Boerum Hill Townhouse With Wood-Burning Fireplaces, Winding Stair, Deck Asks $2.85 Million

May 25, 2022 |

There are so many endearing details at 386 State Street. Located in Brooklyn’s leafy Boerum Hill neighborhood, the townhouse features exposed brick, a central staircase that winds from the ground floor to the top floor, exposed wooden beams, and two wood-burning fireplaces, both with carved marble mantels. The heart of 386… Read More > The […more]

Mission District Infill Development Slated to Be Entitled

May 25, 2022 |

The refined plans for a six-story building with 18 condos over a ground floor commercial space to rise on the Mission District parcel at 2955 Mission Street, upon which a two-story, mixed-use building currently stands, is slated to be approved by the City next week. While originally slated for an April hearing, an Eastern Neighborhoods […more]

Resident Longevity is Key to Peak Rental Property Performance

May 25, 2022 |

If you’re reading this, you’re either interested in or already investing in buy-and-hold rental properties. You’re in this thing for the long haul.

SoHo 2BR with In-Unit Laundry Asks $750K

May 25, 2022 |

SoHo is synonymous with NYC luxury, with its high-end shopping, restaurants, and art galleries. This small neighborhood has made a big name for itself in recent decades, which has also spurred price tags into the multi-million dollar range. But every once in a while, a deal like 101 Thompson St. #33 comes along. Our Deal […more]

Neil Patrick Harris and David Burtka sell Harlem townhouse listed for $7.3M

May 25, 2022 |

All photos courtesy of Will Ellis / DDreps Neil Patrick Harris and David Burtka found a buyer this month for their five-story Harlem townhouse, which first hit the market last August for $7,325,000. As first reported by the New York Post, the home at 2036 Fifth Avenue is in contract for more than $7,100,000, likely […more]

Mortgage apps decline 1.2% despite drop in rates

May 25, 2022 |

Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% on a seasonally adjusted basis for the week ending May 20. The decline, as measured by the Mortgage Bankers Association’s (MBA’s) Market Composite Index, continued to be led by a drop in the refinance share of mortgage activity, which has been […more]

This furnished $5.75M Midtown townhouse has been designed for modern living, framed by a rich history

May 25, 2022 |

Photo courtesy of The Corcoran Group Just off Park Avenue on a tree-lined street just four blocks from Grand Central Station, this landmarked townhouse at 130 East 38th Street is both historic and a modern design masterpiece. Built in 1869 as a Second Empire-style brownstone, the four-story home’s facade was altered in 1919 by the popular Ziegfeld […more]

Economic Report Shows Brooklyn Added More Jobs Than Other Boroughs Since the Pandemic

May 25, 2022 |

Brooklyn’s economic recovery has outpaced that of the rest of the city, with the borough having added more than 100,000 new jobs since the apex of the pandemic in April 2020. But Brooklyn still has a ways to go to fully recover economically from the devastation wrought by Covid-19. The findings… Read More > The […more]

Demolition Underway for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

May 25, 2022 |

Demolition has begun at 550 Tenth Avenue, the site of a 47-story residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot structure will yield 453 units, with 316 market-rate and 137 moderate- and middle-income homes, as well as 9,000 square feet of retail space and […more]