NYC Real Estate News

Fri, 08/12/2022 - 16:14

In the first half of 2022, Hudson County home sales reached uncharted territory. A Hoboken penthouse — Unit #12IJ at 1500 Hudson Street, also known as 1500 Washington Street — kicked off the year with a record-breaking $4.2 million sale. Just a month later, a penthouse condo at 75 Park Lane traded for $5.7 million, smashing Jersey City’s record for the priciest home sale. Hoboken was unable to beat that in the first half of

The post This year’s top-selling Hudson County homes appeared first on The Real Deal New York.

Fri, 08/12/2022 - 15:55

The shopping destination has reported the highest availability rate in the city, according to a study

Fri, 08/12/2022 - 15:41

The state’s application portal is due to open in two weeks

Fri, 08/12/2022 - 15:00

The legislation is aimed at leveling the playing field for community land trusts and others looking to build affordable housing and public-benefit developments

Fri, 08/12/2022 - 14:15

To see the last time housing affordability was this low, you would have to go back to the early days of the George Bush administration — the first one. Housing affordability hit its lowest point since 1989 in June, the Wall Street Journal reported. That’s according to an index kept by the National Association of Realtors, which considers income, mortgage rates and sale prices of existing homes. Record home prices are one of the factors

The post Housing affordability hits 33-year low appeared first on The Real Deal New York.

Fri, 08/12/2022 - 13:50

An Elliman broker faces off against the former daughter-in-law of Sant Singh Chatwal over a Greenwich Street condo sale

 

Fri, 08/12/2022 - 13:00

An unusual affordable housing project proposed decades ago in East Northport is finally on the horizon. D&F Development Group landed $4.2 million in infrastructure funding from Suffolk County for the $92-million Matinecock Court development project, Newsday reported. The funding, previously authorized with another developer, had to be renewed because so much time had elapsed. It will help pay for a sewage treatment plant, sidewalks and roads. D&F is also working on solidifying funding for the

The post Four decades in making, East Northport project clears key hurdle appeared first on The Real Deal New York.

Fri, 08/12/2022 - 12:38

The Alliance of Resident Theaters signs an office lease, and a portfolio of Gravesend buildings sells

Fri, 08/12/2022 - 12:15
All images courtesy of the New York Restoration Project The New York Restoration Project this week installed 28 new book-sharing boxes throughout the five boroughs. Created by Little Free Library (LFL), the boxes can be found at the city’s community gardens, 25 of which are NYRP gardens and three of which are partnered with Gardens for the City. Heather Butts of H.E.A.L.T.H. for Youths stands with the “Read in Color” Little Free Library at NYRP’s Curtis “50 Cent” Jackson Community Garden in Jamaica, Queens. Every library box contains at least ten books in Scholastic’s Read in Color Book Bundle, which includes titles that […]
Fri, 08/12/2022 - 11:56

The measures would require the city to establish a response plan, open a permanent online vaccine portal and more