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How renovation errors wind up costing homeowners

Posted by Adam C. Wilner | Feb 06, 2017 | 0 Comments

If you are looking at buying or selling a house in the current market, you know that a large part of the homes price is in the quality of its interior and the status of its décor. That means floors that are in great shape, appliances that are in great repair, and details like energy-efficient wi...

Should all time high home prices discourage buyers?

Posted by Adam C. Wilner | Feb 01, 2017 | 0 Comments

In a prior post, we noted the optimism that was felt regarding New York Citys residential real estate market near the end of 2016. Now there is hard data to support that notion as we complete the first month of 2017. According to a recent article on globest.com, all-time highs for single family...

Are you ready for a trillion dollar skyline?

Posted by Adam C. Wilner | Jan 17, 2017 | 0 Comments

It may be hard to fathom, but the next time you take a look at the Manhattan skyline and wonder how much property is really worth, you can think with reasonable certainty that it is collectively worth a trillion dollars. That estimate will not be completely out of reason after a recent therealde...

How will uncertainty affect the real estate market?

Posted by Adam C. Wilner | Jan 12, 2017 | 0 Comments

If there is one constant within the real estate market in New York City, it is that uncertainty breeds hesitation. If buyers are not confident or sure about upgrading or expanding their real estate portfolio, they will not do so. With a new President about to take office and interest rates poise...

Elements of success in mixed use developments

Posted by Adam C. Wilner | Jan 11, 2017 | 0 Comments

Like the residential real estate market in New York City, the commercial real estate industry has shown signs of optimism going into 2017. It may be seen both in the purchase of old facilities to make new ones, and in the reconditioning of such buildings to make room for office, retail and reside...

Will the luxury apartment market rebound in 2017?

Posted by Adam C. Wilner | Jan 04, 2017 | 0 Comments

As we noted in our prior post, there are a number of factors that will define the 2017 real estate market in New York City. It remains to be seen how the market will play out given the recent interest rate hike, but one thing is certain; the luxury real estate market has slowed down considerably....

Predictions for the 2017 Manhattan real estate market

Posted by Adam C. Wilner | Dec 22, 2016 | 0 Comments

The end of 2016 comes with great optimism for 2017. With that, renters and potential homebuyers want to know what the market will be like next year. Of course, there are many predictions. This post will highlight a few. Interest rates will rise – The Federal Reserve raised interest rates for the...

New law may spell trouble for Aribnb in New York City

Posted by Adam C. Wilner | Dec 16, 2016 | 0 Comments

Since 2010, it is has been illegal for private homeowners to rent out their homes and apartments for less than 30 days. However, since the advent of Airbnb, New York residents have ignored this law and have continued to offer their homes for rent for as little as a few hundred dollars per night t...

Why stage your home? Here are some answers

Posted by Adam C. Wilner | Dec 05, 2016 | 0 Comments

When you are getting your house ready to sell, you want to make sure that you get the best possible price. This is especially important in a sellers market like the current one, where an asking price is only the beginning, because how far your propertys price escalates is directly related to yo...

Broker confidence falls in the midst of the election

Posted by Adam C. Wilner | Nov 09, 2016 | 0 Comments

Last week we noted how confidence among commercial real estate developers and investors was still high despite the slowing market. However, sentiment among real estate brokers (both commercial and residential) was quite different heading into this weeks presidential election. According to a rec...

What happens during a home inspection?

Posted by Adam C. Wilner | Nov 07, 2016 | 0 Comments

If you are looking to buy a home in New York, it is important to understand why home inspections are necessary and what they consist of, because they are your best chance to learn about potential maintenance concerns and repairs that a property needs. Inspectors look for water damage, foundation ...

Market sentiment steady as the election approaches

Posted by Adam C. Wilner | Nov 04, 2016 | 0 Comments

This week was rife with anticipation about whether the Chicago Cubs would win the World Series for the first time in 108 years, or whether the Cleveland Indians would bring the city its second championship in 2016. The Cubs ended up winning in thrilling fashion. Now the nations anticipation turn...

Could a softening market change your strategy?

Posted by Adam C. Wilner | Oct 28, 2016 | 0 Comments

As the summer heat hit its apex in late July and early August, so did housing prices in Manhattan. We noted in a post at the end of July that the luxury housing market was overheating due to softening demand and a robust supply of apartments and townhomes in New York City. Because of this, proper...

Should increasing home prices be discouraging?

Posted by Adam C. Wilner | Oct 21, 2016 | 0 Comments

If you live outside of Manhattan and you believe that home prices in your neighborhood (or where you are looking to move) are continually rising, chances are that you are not alone. According to a recent crainsnewyork.com report, home prices in Brooklyn and Queens hit record highs this year. The...

More areas emulating New York City with 'surban' areas

Posted by Adam C. Wilner | Oct 14, 2016 | 0 Comments

For those looking for new homes in New York City and the surrounding region, it is easy to understand what is considered “urban living.” The same could be said about “suburban living.” But knowing what “surban living” may entail may not be so obvious. For the uninitiated, this term refers to sub...

National average rent sees slight drop in September

Posted by Adam C. Wilner | Oct 12, 2016 | 0 Comments

Our last post focused on the growing rental opportunities in Brooklyn as another multifamily development recently received funding and is underway. Additionally, the rental market appears to be holding as favorable to renters, even as the fall housing season begins. The market in New York City c...

5 Reasons Why A Townhouse Purchase May Be Right For You

Posted by Adam C. Wilner | Sep 29, 2016 | 0 Comments

While many New York City residents prefer condominiums and co-ops for ease of living purposes, there is still a certain romance to tree-lined streets full of townhouses. For those areas of the city that have not been totally consumed by new high-rise developments, townhouses provide a unique oppo...

More rental opportunities arising in Brooklyn

Posted by Adam C. Wilner | Sep 23, 2016 | 0 Comments

In our last post, we highlighted a number of ways to obtain  the ideal rent, given that the rental market remains strong for those seeking places to live. While the market has not dropped in Manhattan, it appears that over-saturation may be imminent in Brooklyn. According to a recent curbed.com ...

Three ways for renters to get the ideal rent payment

Posted by Adam C. Wilner | Sep 21, 2016 | 0 Comments

Because of the warm weather expected this week, many may not know that fall is coming on Thursday. Indeed, the fall may not be the ideal time to seek deals for when it comes to renting property. However, the market for luxury properties has not been ideal. As we noted in a prior post, the combin...

Millenials still the focus of new real estate projects

Posted by Adam C. Wilner | Sep 09, 2016 | 0 Comments

As we have noted in a number of our posts, a key to being successful in real estate is being able to anticipate trends. One such trend involves knowing ones target market, what they currently appreciate and what choices they will make in the future. This is why many current and real estate proje...

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