JAD Realty Group

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Real Estate Broker/Owner - JAD Realty Group, LLC.
NYC listings, happenings, news, technology, real estate, and such...
RECENT BLOG POSTS
 Simplex is asking $40M, duplex is asking north of $80M 520 Park Avenue The penthouse at 520 Park Avenue — once seeking $130 million — was among several trophy apartments seeking nine-figure sums when it hit the market in 2014. But that was then, this is now. In recent months, Zeckendorf Developm...
01/08/2019
Number of deals declined for the fourth straight quarter  Sellers who can’t part with their sky-high expectations keep slowing down apartment sales in Manhattan. The number of residential sales in the third quarter dipped 11.3 percent over the same period last year, according to Douglas Elliman's...
10/04/2018
Brokerage founder Joseph Alongi claims tool has played a large role in rising prices Redfin Estimate could be inflating the value of certain homes. Joseph Alongi, founder of the low-fee brokerage SoldNest, recently argued that the company has had a big impact over the past few years on rising hom...
10/03/2018
  Hotel trades have seen a jump in activity this year thanks to some big-ticket deals — but sellers on the sidelines may be eyeing a more encouraging market, too. Transactions through the end of July totaled $2.9 billion, according to STR, a hotel data and analytics firm. That’s up from $906 mill...
10/03/2018
A Wells Fargo trust filed a complaint in court after a check from the property's co-op board bounced  The Acropolis Gardens at 2168 35th Street in Queens  A Wells Fargo-managed trust is looking to foreclose on a 618-unit co-op development in Astoria after its owners failed to make a loan payment....
10/03/2018
MSG has just five years left on its special operating permit, but has announced no plans for a move  The City Council and James Dolan’s Madison Square Garden Company appear to be headed toward another clash over plans to relocate the iconic sports stadium. Madison Square Garden is now at the midw...
09/07/2018
The townhouse spans about 7,000 square feet   A Sutton Place townhouse is hitting the market for $21 million. The seller is the estate of Drue Heinz, who was married to heir Henry John Heinz II, the Wall Street Journal reported. Heinz died in April and the property is owned by a trust established...
09/07/2018
 A sponsor unit at 432 Park Avenue sold for $31 million — roughly $10 million lower than its listing price. The condo was marketed for $40.75 million when it went into contract in May, according to Streeteast. Douglas Elliman’s Richard Steinberg and Sabrina Saltiel had the listing. The buyer is l...
08/03/2018
The housing supply slump isn’t helping    Investors have soured on Redfin and Purplebricks - at least for now.   Shares of both discount brokerages have taken a dive this year, as the broader housing market has posed a challenge. Even as investors and analysts bet on the longer term prospects of ...
08/01/2018
The Bitcoin transaction for 10 acres of land outside LA involved a buyer in NY  Propy founder Natalia Karayaneva    The country’s first blockchain-only real estate trade involved 10 acres of land just north of Los Angeles County.   The sale was made through a platform developed by Palo Alto-based...
07/31/2018
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Jeffrey Ditri

New York City Residential Rental Specialist
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