Explore Manhattan, NY

By Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn
(Compass)
Comments 2
Before you come to love Manhattan, you must understand our peculiar housing market. Manhattan is a unique place in the real estate universe. Not only does it have a large rental market (75% of the available housing units vs. about 5 - 10% in other markets), but it has ownership and other importan...

By Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn
(Compass)
Comments 3
I attended a presentation from brokers marketing a new condo with anticipated closings starting March 2007. They are requiring 10% deposit with signing and another 10% in 90 days. No financing contingencies.When asked why they responded "the developer felt less buyers would walk with 20% invested...

By Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn
(Compass)
Comments 1
If it's priced right the buyers will bid on it. I recently had a properrty on the market for 6 months.  After 2 price reductions totalling almost $100,000 of the original listing price I received multiple bids. I heard several similar stories from other agents in my office today. One had the prop...

By Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn
(Compass)
Comments 0
There have been lots of blogs and press about ACRIS Automated City Record Information System displaying coop sales records online. Everything from secret plan for the city and state to impose mortgage taxes from appraiser [MillerSamuel] to Jerry Seinfelds signature on a UCC- form. [Gawker] I've b...

Manhattan, NY Real Estate Professionals