Saturday, May 29, 2010

Manhattan Townhouse Renovations - 4 design strategies


Manhattan Townhouse Renovations - Classic Architecture, Contemporary Design
By: Darren China, R.A.
Manhattan townhouses exude a charm that other dwellings just cannot compare with. These four to six story structures built in the late 19th and early 20th century afford privacy hard to come by in New York City.  They typically include an eat-in kitchen, private back yard often with a garden, large living spaces and a classic d├ęcor inclusive of a beautiful stairway, inlayed wood floors, crown moldings and multiple marble mantled fire places. Unfortunately time has often taken its toll on these beautiful buildings.

Mortgage rate historical lows

Mortgage rate at historical lows since tracking started 36 years ago.  Currently at 4.85% for 30 year fixed.

Friday, May 28, 2010

NYC area sales + 39%

Told you the bottom was over.  For Manhattan, it was in Q4 2009.  WSJ: Strong Market Pumps Up Home Sales

Friday, May 21, 2010

Silverstein on WTC

Silverstein on WTC 2.0 - CNBC.com

Silvestein talks about development of the WTC site.

I'll Take Fifth Avenue, Too

I'll take Fifth Avenue, Too.
Article as published in Thestreet.com 5/21/10

Take advantage of the recession, and snap up a Fifth Avenue apartment in New York. That's a common goal among many of our high net-worth clients, especially during the past year. So what is Fifth Avenue and why is it so coveted?

Wednesday, May 19, 2010

Monte Carlo, Monaco - most expensive real estate in the world




Monaco is the most expensive real estate market in the world at an average of  US$5000 per sq ft.  This compared to Manhattan at US$1000 psf, which is a deal.