Buyers waiting on the sidelines, waiting for the market to turn in their favor. Sellers refusing to adjust their prices, in the hopes that conditions will swing their way: It’s the stuff brokers’ nightmares are made of. Getting a better sense of which markets across the U.S. lean in favor of the buyer or seller might lead to more sensible pricing decisions and boost activity. And a new analysis aims to do just that. According
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Madison Realty Capital is planning a new condo building along Madison Square Park. The firm filed plans with the Department of Buildings on Friday for a roughly 81,000-square-foot project at 14-16 Fifth Avenue that will stand 21 stories and 244 feet tall with 18 residential units. Madison Realty Capital bought the mixed-use property in 2015 with City Urban Realty for $27.5 million. At the time, the companies said they planned to renovate the building’s existing
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UPDATE: Tuesday, Dec. 10, 2019, 4:20 p.m: Yoga studios, private parks, multi-level fitness centers: Developers behind this year’s 10 priciest Brooklyn condo filings are leaning into health-conscious amenities in the battle for buyers. In an effort to inspire visions of a lifestyle, rather than just a place to live, marketing materials for 98 Front in Dumbo claim spaces inside the property are “designed to practice self-care.” At another Front Street project, three blocks away at