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Real Estate Broker/Owner - JAD Realty Group, LLC.
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RECENT BLOG POSTS
Mortgage rate hikes driving would-be buyers into rental market If a hot housing market brought rents to boil, the cool-down should cause apartment prices to fall, right?Wrong.In June, the average Manhattan rent topped $5,000, a historical first, according to a report by appraisal firm Miller Samu...
07/19/2022
Unit 18A fetched full offering price of $9K per sfVlad Doronin with 730 Fifth Avenue Vlad Doronin’s OKO Group has sold another gem on Billionaires Row.An international buyer paid $34.8 million for a 3,700-square-foot condominium in Aman New York, the developer’s luxury hotel and residential proje...
07/19/2022
Prices still rising, but less than beforeAfter months of soaring rents, firms tracking national apartment prices say national rent growth has slowed, an early sign of a cooling market.A recent report by rental platform Apartment List showed that in June, monthly rent growth for a median apartment...
06/30/2022
Rising rents, falling concessions and scant inventory are triple whammy Manhattan rents up $1,000 ahead of spring rental season in NYC Apartment hunting in New York? Brace for an insufferable spring.In the first quarter of 2022, the median Manhattan rent soared nearly $1,000 above last year’s lev...
04/22/2022
Law would limit rents, discourage upgrades, bring back vacancy decontrol As the push for “good cause eviction” comes to a head in New York’s state legislature, the bill starts with one big advantage: a great name. Everyone agrees that people should not be evicted without good cause.Try to define ...
01/22/2022
Homes with outdoor space led 20 contracts signed for $2M or more  Park Two Park Slope townhouses topped the list of Brooklyn’s luxury contracts asking $2 million or more last week, according to Compass’ weekly report.The first was a 3,084-square-foot renovated townhouse at 385 12th Street that wa...
01/19/2022
More agents are looking for ways to get around the city’s dominant listings platform  Over the first few months of 2020, real estate agents began seeing a strange new trend in their inboxes: emails advertising listings not available on a certain popular listing site. “NOT ON STREETEASY!” screamed...
04/25/2020
Retailer’s collapse would open the door for other stores to renegotiate or exit leases A view of Neiman Marcus in The Shops at Hudson Yards  The anticipated bankruptcy of Neiman Marcus could throw Related and Oxford Properties’ Hudson Yards mall into peril. The parent company of the department-st...
04/23/2020
With state-mandated retail closures across US, the battle between retail landlords and retail tenants is heating up Retail landlords and mall owners have collected just 15 percent of what they were owed  The fight over commercial rent payments looks like it may be ugly. So far in April, some reta...
04/21/2020
New York and Philadelphia organizers are rallying tenants to skip rent next monthCea Weaver, Gov. Andrew Cuomo and Jonathan Westin of New York Communities for Change Tenant organizers in New York and Philadelphia are pushing for a mass rent strike on May Day. New York tenant coalition Housing Jus...
04/17/2020
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Jeffrey Ditri

New York City Residential Rental Specialist
local_phone(610) 781-8417
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