Didn’t Goliath... nevermind.
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@ryanstenta-blog
Didn’t Goliath... nevermind.
TRD Special Report: You’ve heard the tale a dozen times before: From 2012 to 2014, Manhattan’s luxury condominium market was on fire. Buyers couldn’t get enough of new development product, and brokers were selling, selling, selling. Act fast, or else! But there’s more to the real story. Thoug
Helping agents lose their way since 2012. To download the PowerPoint (has all animations in slideshow mode): 1. Go here: http://www.filedropper.com/compass_2...
Yowza
“...resale growth has averaged six percent per quarter on a year-over-year basis since 1Q 2013...That’s very robust (and not sustainable) growth...”
- Jonathan Miller, Miller Samuel, Inc.
Our podcast, The Curbed Appeal, returns with a conversation with the mercurial and controversial designer and architect.
Fascinating guy with a wealth of knowledge and insight into, well, everything.
Gramercy Square, as the project is known, has a total of 223 apartments.
Extremely grateful to have been involved in the sale of such a spectacular and iconic property.
on the Manhattan residential real estate market right now.
Fulton / Seaport is another neighborhood that looks to be undergoing a very positive transformation. Fishpacking District?
After several weeks of sluggish luxury sales, the first week of August hit a two-year high. Last week 43 contracts were signed for residential properties priced at $4 million or more, the highest number inked in a single week since March 2014, according to Olshan Realty's latest marketi
Quality comprised the largest quantity of the contracts signed in a record week of activity for deals over $4mm. Two stellar new developments, 21 East 12th (the condo on the old Bowlmor Lanes site) and Related & Robert AM Stern’s 70 Vestry St in Tribeca accounted for 24 of the 43 deals.
Properties along the High Line are appreciating at a swifter pace, with resale values 10 percent higher than areas just a few blocks away. Since the park opened five years ago, the High Line has boosted sales prices of apartments as property values in other parts of the city have leveled off
The elevated park has undoubtedly been a welcome addition to the neighborhood, but maybe the launch of Hudson Yards, the largest private real estate development since Rockefeller Center, has something to do with the value of residential property’s relative outperformance. Hudson Yards is one of my BIG 3 Manhattan neighborhoods to buy in / around despite recent market sluggishness. It is poised to weather a potential correction well and bounce back even stronger.
So funny it’s not.
In its effort to root out dirty money flowing into luxury real estate, the Treasury Department said it will expand a pilot program requiring title companies to identify the true buyers behind anonymous, all-cash deals. In new geographic targeting orders (GTOs), officials will require the disc
AKA the United States’ biggest creditor, China, says “we want to know which Chinese citizens are moving money and where, and we WANT TO KNOW NOW!”. Indebted to China for trillions of dollars that can never be repaid at current dollar values, the U.S. Treasury complies, under the guise of “preventing dirty money from abroad”, and just like that the government has stripped away yet another layer of privacy from prying eyes, this time in the property purchase market. First we have Pres. candidates decrying the inflow of immigrants, now we don’t want an inflow of “dirty money”? Why? It won’t prevent it from being made! But it will prevent it from coming here. Just as the US’ Chinese debt masters demand.
Bucking the notion that the real estate market is softening like butter on a balmy day, Douglas Elliman sold $6.4 billion worth of real estate nationwide during the second half of 2016, up from $5.5 billion a year earlier, the brokerage’s parent company Vector Group reported Thursday. For the
That’s a lot of zeros!
The Related Companies is keeping prices relatively grounded at 15 Hudson Yards, the first residential offering at its Far West Side megaproject. The condominium's 285 market-rate units have a blended average of $3,255 per square foot, according to Schedule A pricing filed for 15 Hudson Y
“When home prices began to recover, New York and Washington saw steady price growth…Now both are among the weakest areas in the country.”
David Blitzer, managing director at S&P Dow Jones