Most Active Articles 2009-11-24T06:00:30.353-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:manhattan-real-estate Martin Keohan mkeohan113 urn:com:businessweek:bx:article:18006488335023144331-c6ff6531ef6a39541b207f3a1d238e60 2009-11-23T15:41:14.865-05:00

NEW YORKERS get to feel smug about a lot of things. We have great food, arts and culture, the Yankees. We can also feel good about our relatively low use of energy, thanks to public transportation and our small living spaces. But sometimes —...

NEW YORKERS get to feel smug about a lot of things. We have great food, arts and culture, the Yankees. We can also feel good about our relatively low use of energy, thanks to public transportation and our small living spaces. But sometimes —... http://www.nytimes.com/2009/11/22/realestate/22cov.html Purim Jung pjung770 1 1 0 0 urn:com:businessweek:bx:article:5022998301131897772-3f4c6cd8a965f45269a4c303630d0935 2009-11-22T11:47:28.597-05:00

Trump Plaza Jersey City Located near the Hudson River waterfront at 88 Morgan St. in downtown Jersey City, Trump Plaza Jersey City stands as the largest residential high rise building in all of New Jersey. Currently just one residential tower, a...

Trump Plaza Jersey City Located near the Hudson River waterfront at 88 Morgan St. in downtown Jersey City, Trump Plaza Jersey City stands as the largest residential high rise building in all of New Jersey. Currently just one residential tower, a... http://blog.livingonthehudson.com/2009/11/19/trump-plaza-condo-spotlight/ Walter Burns wburns695 2 2 0 0 urn:com:businessweek:bx:article:12437467758404727485-873cf90ab4d249700203074f9818575c 2009-11-17T14:29:12.321-05:00

You'd think that the character of a village that grew from 12,000 to 60,000 residents in less than 40 years might have changed with the population. But young families move into Tinley Park, Ill., a proud village 25 miles southwest of Chicago, for...

You'd think that the character of a village that grew from 12,000 to 60,000 residents in less than 40 years might have changed with the population. But young families move into Tinley Park, Ill., a proud village 25 miles southwest of Chicago, for... http://bit.ly/3resc1 Lauren Young lyoung404 6 5 0 1 urn:com:businessweek:bx:article:10547103048732933550-66547400182f7c4f0c8126216c0293d2 2009-11-11T13:40:21.248-05:00

Nov. 11 (Bloomberg) -- Manhattan apartment rents fell as much as 9 percent in October from a year earlier as unemployment cut demand and landlords lowered rates, according to Citi- Habitats Inc. Average rents dropped for all apartment sizes and the...

Nov. 11 (Bloomberg) -- Manhattan apartment rents fell as much as 9 percent in October from a year earlier as unemployment cut demand and landlords lowered rates, according to Citi- Habitats Inc. Average rents dropped for all apartment sizes and the... http://www.bloomberg.com/apps/news?pid=20603037&sid=aCrlfFnIdimA Lauren Young lyoung404 29 27 0 2 urn:com:businessweek:bx:article:14733694464502353507-6142bbf635af79005f154761a4fa0e5d 2009-11-12T08:01:14.061-05:00

30 year mortgage rates decreased in the latest Weekly Mortgage Applications Survey released by The Mortgage Bankers Association (MBA) this morning. The average contract rate for 30 year mortgages decreased to 4.90 percent for the week ending November 6, 2009. Down from the previous week’s average contract mortgage rate of 4.97 percent.

30 year mortgage rates decreased in the latest Weekly Mortgage Applications Survey released by The Mortgage Bankers Association (MBA) this morning. The average contract rate for 30 year mortgages decreased to 4.90 percent for the week ending November 6, 2009. Down from the previous week’s average contract mortgage rate of 4.97 percent. http://www.monitorbankrates.com/mortgages/30-year-mortgage-rates-decrease-mortgage-refinance-applications-increase-4705 Brian McKay bjones239 1 1 0 0 urn:com:businessweek:bx:article:10594139121897158010-2af9363e49607f4eeefd9e75c57397fc 2009-11-09T18:58:52.825-05:00

Below is the Jersey real estate market update for condominium sales for November 2009 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service. Active Downtown Jersey City Condos There are 295 Active...

Below is the Jersey real estate market update for condominium sales for November 2009 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service. Active Downtown Jersey City Condos There are 295 Active... http://blog.livingonthehudson.com/2009/11/09/jersey-city-november-2009/ Walter Burns wburns695 5 5 0 0 urn:com:businessweek:bx:article:8345892515555978589-933e76c6f7b138e7f4ee11db60ec0da8 2009-11-11T20:27:49.131-05:00

After much speculation, the $8,000 tax credit for first time home buyers was extended by Congress late last week. Many Hoboken condo buyers have emailed me asking for details on the extension. Here is an overview… $8,000 Tax Credit for First Time...

After much speculation, the $8,000 tax credit for first time home buyers was extended by Congress late last week. Many Hoboken condo buyers have emailed me asking for details on the extension. Here is an overview… $8,000 Tax Credit for First Time... http://blog.livingonthehudson.com/2009/11/10/8000-tax-credit-extended/ Walter Burns wburns695 1 1 0 0 urn:com:businessweek:bx:article:1268054025578881650-7491e49f2f77983642a2cbb36157dd25 2009-11-05T12:14:40.097-05:00

Current mortgage rates are also contributing to an increase in mortgage refinance activity. The Mortgage Bankers Associations weekly Refinance Index, which measures mortgage refinance applications increased 14.5 percent from the previous week.

Current mortgage rates are also contributing to an increase in mortgage refinance activity. The Mortgage Bankers Associations weekly Refinance Index, which measures mortgage refinance applications increased 14.5 percent from the previous week. http://www.monitorbankrates.com/mortgages/30-year-mortgage-rates-back-under-500-4696 Brian McKay bjones239 0 0 0 0 urn:com:businessweek:bx:article:1215784862759854996-23aa566fbfcffa66e0410141180b931f 2009-10-26T09:29:01.910-04:00

Roofs and windows that leak whenever it rains. Heating and air-conditioning units that can’t quite heat or cool the entire building. Balconies with flaking concrete and wobbly railings. These kinds of complaints have become more and more common in...

Roofs and windows that leak whenever it rains. Heating and air-conditioning units that can’t quite heat or cool the entire building. Balconies with flaking concrete and wobbly railings. These kinds of complaints have become more and more common in... http://www.nytimes.com/2009/10/25/realestate/25cov.html Sara Piaseczynski spiaseczynski819 2 2 0 0 urn:com:businessweek:bx:article:7141772481513499008-a79eace6829e0db466eeb1c3ab618e19 2009-10-29T08:05:59.225-04:00

New home sales dropped 3.6 percent in September in a report released by the U.S. Department of Commerce. Sales of new one family houses in September 2009 were at a seasonally adjusted annual rate of 402,000, 3.6 percent below August rate of 417,000...

New home sales dropped 3.6 percent in September in a report released by the U.S. Department of Commerce. Sales of new one family houses in September 2009 were at a seasonally adjusted annual rate of 402,000, 3.6 percent below August rate of 417,000... http://www.monitorbankrates.com/home/new-home-sales-decline-as-tax-credit-end-date-nears-4686 Brian McKay bjones239 1 1 0 0 urn:com:businessweek:bx:article:5658393504916496579-f6c9793bc25b5d9fc7fbefaec9d4ceaf 2009-10-19T11:37:08.920-04:00

Mortgage interest rates were mixed this past week, 30 year mortgage rates stayed above 5.00 percent this week and are slightly higher than last week’s average mortgage rate. Fifteen year mortgage rates were lower this week over last and 10 year U.S.

Mortgage interest rates were mixed this past week, 30 year mortgage rates stayed above 5.00 percent this week and are slightly higher than last week’s average mortgage rate. Fifteen year mortgage rates were lower this week over last and 10 year U.S. http://www.monitorbankrates.com/mortgages/todays-mortgage-interest-rates-october-19-2009-4674 Brian McKay bjones239 3 3 0 0 urn:com:businessweek:bx:article:5816986942061539615-e523aa03c080863fdf17bd8ea3626a91 2009-03-20T18:37:32.587-04:00

March 19 (Bloomberg) -- Patty Farmer bought a $5.6 million one-bedroom apartment at the Plaza on Fifth Avenue in 2006, when buyers were lining up for the landmark building. When she put it up for sale two years later for $8.4 million, there were no...

March 19 (Bloomberg) -- Patty Farmer bought a $5.6 million one-bedroom apartment at the Plaza on Fifth Avenue in 2006, when buyers were lining up for the landmark building. When she put it up for sale two years later for $8.4 million, there were no... http://www.bloomberg.com/apps/news?pid=20601100&sid=afditfRjlofE&refer=germany Martin Keohan mkeohan113 44 39 2 3 urn:com:businessweek:bx:article:18401101951366633502-1df0b1fd5c68c8b48fdb2d5a3762f699 2009-09-23T11:10:03.834-04:00

As far as who is more realistic in terms of their expectations in today's Manhattan real estate market, the scale has definitely tipped toward sellers. Before you get all crazy on me, here me out. I'm not AT ALL suggesting that it is a seller's market...because it's not. That said, it also is NOT the buyer's market that many believe it to be.

As far as who is more realistic in terms of their expectations in today's Manhattan real estate market, the scale has definitely tipped toward sellers. Before you get all crazy on me, here me out. I'm not AT ALL suggesting that it is a seller's market...because it's not. That said, it also is NOT the buyer's market that many believe it to be. http://www.truegotham.com/archives/market-insight-sellers-more-realistic-than-buyers-in-todays-manhattan-real-estate-market.html Steve Bobrov sbobrov064 5 5 0 0 urn:com:businessweek:bx:article:4596900637402979830-230a846f549e593d7b9fde683a664fda 2009-10-13T21:13:21.914-04:00

I recently visited the Garden Street Lofts in Hoboken with one of my Hoboken condo buyers. I had not been to the building since it was under construction and was intrigued to see the final completed units. While it is not on the same size and scale as Maxwell Place or the Hudson Tea Building, the intimacy and quality of construction of the Garden Street Lofts left me very impressed. The Garden Street Lofts is Hoboken’s only LEED (Leadership in Energy & Environmental Design) Certified Green Buidling. The Garden Street Lofts implemented many Green elements to qualift for LEED Certification including a Green roof with plant life. The building features 1, 2, & 3 bedroom condos including 6 penthouses with private terraces. Garage parking also comes with each condo. To read more about the Garden Street Lofts, please visit my Hoboken real estate blog.

I recently visited the Garden Street Lofts in Hoboken with one of my Hoboken condo buyers. I had not been to the building since it was under construction and was intrigued to see the final completed units. While it is not on the same size and scale as Maxwell Place or the Hudson Tea Building, the intimacy and quality of construction of the Garden Street Lofts left me very impressed. The Garden Street Lofts is Hoboken’s only LEED (Leadership in Energy & Environmental Design) Certified Green Buidling. The Garden Street Lofts implemented many Green elements to qualift for LEED Certification including a Green roof with plant life. The building features 1, 2, & 3 bedroom condos including 6 penthouses with private terraces. Garage parking also comes with each condo. To read more about the Garden Street Lofts, please visit my Hoboken real estate blog. http://blog.livingonthehudson.com/2009/10/12/garden-street-lofts/ Walter Burns wburns695 0 0 0 0 urn:com:businessweek:bx:article:5158951405463115083-6216d164c73596b0fe55edb9e3b4d78d 2008-11-14T17:00:00.000-05:00

...the layoffs are focused in the New York office and ... our tipsters report that the Real Estate practice

...the layoffs are focused in the New York office and ... our tipsters report that the Real Estate practice http://abovethelaw.com/2008/11/nationwide_layoff_watch_greenb.php 71 71 0 0 urn:com:businessweek:bx:article:13340770045391459467-9fb80d03b556c2d404d07a51c58936a8 2009-10-08T10:53:01.425-04:00

Freddie Mac just released its Primary Mortgage Market Survey this morning which shows long term mortgage rates continuing their decline lower. Both 30 year mortgage rates and 15 year mortgage rates are lower this week. Adjustable rate mortgages were mixed, 5 year adjustable mortgage rates were lower while one year adjustable mortgage rates were higher.

Freddie Mac just released its Primary Mortgage Market Survey this morning which shows long term mortgage rates continuing their decline lower. Both 30 year mortgage rates and 15 year mortgage rates are lower this week. Adjustable rate mortgages were mixed, 5 year adjustable mortgage rates were lower while one year adjustable mortgage rates were higher. http://www.monitorbankrates.com/mortgages/long-term-mortgage-rates-at-487-says-freddie-4664 Brian McKay bjones239 0 0 0 0 urn:com:businessweek:bx:article:6576539824091246249-64d16966d3a3da72ae42ea6d47348e74 2009-09-25T14:39:07.609-04:00

I found a very interesting article from Time.com dating back to 2005 detailing the frenzy that was the American Housing Market. Reading the article, it’s clear that things were certainly a “party” in every sense of the word compared to today.

I found a very interesting article from Time.com dating back to 2005 detailing the frenzy that was the American Housing Market. Reading the article, it’s clear that things were certainly a “party” in every sense of the word compared to today. http://accuriz.wordpress.com/2009/09/25/how-far-weve-come-americas-house-party/ Kenneth G. Smith II ksmith699 1 1 0 0 urn:com:businessweek:bx:article:6400902219246901794-a693781ae40598ce11bb662dbca69e0b 2009-10-05T13:39:52.962-04:00

It is well documented that many borrowers now seeking loan-modifications are facing continuous roadblocks dealing with the mortgage firms they were borrowing from. Much of the inefficiencies in President Obama’s Home Affordable Modification Program...

It is well documented that many borrowers now seeking loan-modifications are facing continuous roadblocks dealing with the mortgage firms they were borrowing from. Much of the inefficiencies in President Obama’s Home Affordable Modification Program... http://accuriz.wordpress.com/2009/10/05/firms-getting-federal-firms-have-spotty-records/ Kenneth G. Smith II ksmith699 0 0 0 0 urn:com:businessweek:bx:article:8770469662913780340-d9d85404a753cf200df22986f674f43e 2009-09-21T10:47:44.567-04:00

In a recent New York Times article, fall expectations for the Manhattan real estate market were optimistic as listings show normal levels compared to last year, indicating confidence. Stability is now appearing in the Manhattan market, which was...

In a recent New York Times article, fall expectations for the Manhattan real estate market were optimistic as listings show normal levels compared to last year, indicating confidence. Stability is now appearing in the Manhattan market, which was... http://accuriz.wordpress.com/2009/09/21/stability-for-the-manhattan-market-in-fruition/ Kenneth G. Smith II ksmith699 2 2 0 0 urn:com:businessweek:bx:article:10185301641682620528-dd0a77e75b7f2f7406aa64449aa40a42 2009-07-17T09:41:50.761-04:00

Brokerage Prudential Douglas Elliman and its market maestro Jonathan Miller have released the second quarter reports for Brooklyn and Queens, and if you're familiar with the Manhattan reports of earlier this month, then you've heard this song and dance before: declining sales and prices compared to last year, but slightly more activity than last quarter.

Brokerage Prudential Douglas Elliman and its market maestro Jonathan Miller have released the second quarter reports for Brooklyn and Queens, and if you're familiar with the Manhattan reports of earlier this month, then you've heard this song and dance before: declining sales and prices compared to last year, but slightly more activity than last quarter. http://curbed.com/archives/2009/07/16/market_reports_brooklyn_queens_have_seen_better_times.php Sara Piaseczynski spiaseczynski819 9 8 1 0 urn:com:businessweek:bx:article:15655400264411497637-6a3013934f832028e5199ce3c7363587 2009-07-28T13:43:15.465-04:00

Urbandigs.com founder and publisher Noah Rosenblatt outlines his method for valuing Manhattan real estate

Urbandigs.com founder and publisher Noah Rosenblatt outlines his method for valuing Manhattan real estate http://www.istockanalyst.com/article/viewarticle/articleid/3373528 Martin Keohan mkeohan113 8 7 1 0 urn:com:businessweek:bx:article:4509867916893345368-a6502f91e0d63d6968ef1c62a519e6f1 2009-09-30T10:39:38.989-04:00

Mortgage rates continue to decline in the latest survey released by the Mortgage Bankers Association (MBA) this morning. Lower mortgage rates didn’t prevent the MBA’s mortgage application survey from declining. The Market Composite Index, which measures mortgage loan application volume, decreased 2.8 percent on a seasonally adjusted basis from one week earlier

Mortgage rates continue to decline in the latest survey released by the Mortgage Bankers Association (MBA) this morning. Lower mortgage rates didn’t prevent the MBA’s mortgage application survey from declining. The Market Composite Index, which measures mortgage loan application volume, decreased 2.8 percent on a seasonally adjusted basis from one week earlier http://www.monitorbankrates.com/mortgages/30-year-mortage-rates-at-494-according-to-mba-4647 Brian McKay bjones239 0 0 0 0 urn:com:businessweek:bx:article:850572945769163393-c93cee6dbd363aa7d1489c4f4f447794 2009-09-17T11:53:41.740-04:00

On track to cost the government $15 Billion, the $8,000 Tax-Credit implemented last winter has undeniably stimulated the housing industry. Now, with the November 30th deadline looming, questions on whether the housing market can survive without it...

On track to cost the government $15 Billion, the $8,000 Tax-Credit implemented last winter has undeniably stimulated the housing industry. Now, with the November 30th deadline looming, questions on whether the housing market can survive without it... http://accuriz.wordpress.com/2009/09/17/should-the-8000-tax-credit-be-extended/ Kenneth G. Smith II ksmith699 1 1 0 0 urn:com:businessweek:bx:article:10186342791503319450-0139443ef9fb52661171a55386a1ab38 2009-08-31T11:11:35.356-04:00

What with the rain and the recession and more rain and the hurricanes that weren’t but scared people away nonetheless, it was a pretty quiet summer for the folks on Long Island’s East End.

What with the rain and the recession and more rain and the hurricanes that weren’t but scared people away nonetheless, it was a pretty quiet summer for the folks on Long Island’s East End. http://www.nytimes.com/2009/08/31/nyregion/31towns.html?_r=1&ref=nyregion Lauren Young lyoung404 2 1 0 1 urn:com:businessweek:bx:article:14607535604671167072-6db4099992dcee38eb3bb0feb5b5e0ae 2009-09-13T20:39:55.112-04:00

Current jumbo mortgage rates are also lower this morning, 3-year jumbo mortgage rates are at 6.00 percent, down from the prior week’s average rate of 6.02 percent. 15-year jumbo rate mortgages are up this week over last, current 15-year jumbo mortgage rates are at 5.55 percent, up from 5.46 percent.

Current jumbo mortgage rates are also lower this morning, 3-year jumbo mortgage rates are at 6.00 percent, down from the prior week’s average rate of 6.02 percent. 15-year jumbo rate mortgages are up this week over last, current 15-year jumbo mortgage rates are at 5.55 percent, up from 5.46 percent. http://www.monitorbankrates.com/mortgages Brian McKay bjones239 3 2 0 1