Posts featuring MARKET TRENDS
UPPER WEST SIDE
After Slow Start to Summer, UWS Townhouse Market Begins to Show Signs of Life
Posted August 6th, 2018 by Richard Pretsfelder, Sophie Smadbeck

True to typical summer seasonality, sales volume slowed in July with only one sale. However, the one sale at 352 Riverside Drive was an 8-figure... Read More

UPPER WEST SIDE
Upper West Side Rental Market Picks Up in Summer 2018
Posted July 26th, 2018 by Richard Pretsfelder, Sophie Smadbeck

A recent map published by Zumper shows the median rent for 1-bedroom apartments in each neighborhood across New York City for the summer of... Read More

UPPER WEST SIDE
Upper West Side Bid-Ask Spread Quarterly Report - Q2 2018
Posted July 12th, 2018 by Richard Pretsfelder, Sophie Smadbeck

There was a steady decline in spread since the end of 2017, due to consistent price drops in a slow market. The low point since then was a 23.8%... Read More

UPPER WEST SIDE
Upper West Side Bid-Ask Spread Quarterly Report - Q1 2018
Posted April 5th, 2018 by Richard Pretsfelder, Sophie Smadbeck

Since June 2017, we've been tracking and recording the bid-ask spread for Upper West Side townhouses. The bid-ask spread represents the... Read More

MARKET TRENDS
Is New York Losing Its Appeal Among Foreign Real Estate Investors?
Posted January 15th, 2018 by Caylyn Sullivan

The recent release of the results of the 2017 survey taken among the members of the Association of Foreign Investors in Real Estate (AFIRE) have... Read More

UPPER WEST SIDE
Upper West Side Year-End Market Update
Posted January 2nd, 2018 by Richard Pretsfelder

2017 saw the townhouse market rebound from what was a down year in 2016. The average price of an Upper West Side townhouse increased by 9.4% to... Read More

UPPER WEST SIDE
Bid-Ask Spread Six-Month Report
Posted November 6th, 2017 by Richard Pretsfelder, Sophie Smadbeck

Since June of this year, I’ve been tracking and recording the bid-ask spread for Upper West Side townhouses. The bid-ask spread represents the... Read More

UPPER WEST SIDE
Retail Rental Market May be Nearing a Positive Turn
Posted November 6th, 2017 by Richard Pretsfelder

Tired of Seeing Empty Storefronts? There may be an end in sight. Since the peak of the retail market in 2014, current average rental prices have... Read More