Casting a Wide Net
It’s no secret that Brooklyn home prices have been on the rise for years, as the borough’s idyllic brownstones increasingly lure artsy buyers out of Manhattan. And in the past few years, brokers told The Real Deal, they’ve seen more home-seekers looking simultaneously at Manhattan and Brooklyn, often considering neighborhoods with similar [...]
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Casting a Wide Net
Call them the in-betweeners. They’re too small for the top firms list and too big for the boutiques. They’re New York City’s mid-size residential firms.
And for the first time this year, The Real Deal compiled a list ranking these firms by dollar volume of listings.
The firms — which this year had between 50 and roughly [...]
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So, we can all relax a little. But only a little! After that dream-crushing 17 percent rent spike in February, a new MNS real estate report indicates that average rents in the neighborhood evened out over the past month, dropping down 12 percent from what was deemed an “abnormal” high.
Pretty good news, right? [...]
Bonjour Capital, a New York City-based investment and development firm, has tapped residential brokerage MNS to lead leasing efforts at the Westbourne, a five-building rental complex located at 601-611 West 137th Street in Manhattanville, The Real Deal has learned. Bonjour and MNS are gradually revamping the building with renovations and a new marketing campaign that targets [...]
Oh, Bushwick. Getting a little ahead of ourselves, aren’t we? I don’t know, I get that the neighborhood is popular, and all, but a 17 percent jump in rents in the past month alone seems pretty excessive. Or, in the words of the experts at MNS Real Estate, “abnormal.”
Per a new report from the company, [...]
BROOKLYN — After skyrocketing through much of 2012, rents in Brooklyn’s ever-growing roster of coveted neighborhoods seem to have slowed their meteoric rise — though finding a pad is still a pricey endeavor.
Boroughwide, rental prices rose more slowly and in some neighborhoods even dropped slightly in January of 2013 after strong gains in 2012. The average [...]
If you are looking for an apartment to rent and you’re finding the rents in most Manhattan neighborhoods to be too expensive, the latest rental market report from MNS suggests that you start looking in the Murray Hill and Harlem neighborhoods for your new home. According to the report, while most of the city continues [...]
Low inventory is increasingly a problem on both the sales and rental sides of the market, and that trend continued for rentals in Manhattan and Brooklyn in January, according to the latest reports from brokerage MNS. In Manhattan, average rents fell only $17, a much smaller decrease than is usual at this time of year. [...]
Acacia is raising the bar for green living in Brooklyn. Bedford-Stuyvesant will have its first rental building striving for leadership in Energy and Environmental Design (LEED) Silver certification and housing the neighborhood’s first on-site cogeneration plant.
With 105 luxury rental residences, the nine-story development will offer cutting edge, high-efficiency technology that will significantly reduce Acacia’s carbon [...]
Anyone who’s picked up a newspaper or logged onto the Internet in the last month knows that lawmakers cut a last-minute deal to avoid the so-called fiscal cliff, narrowly avoiding widespread tax increases and deep spending cuts. But now New York real estate investors and home buyers — along with their accountants — are watching [...]