Ariel Chazen

How New Yorkers can take advantage of the city's oversupply of luxury condos You don't have to be shopping for a $3 million apartment to take advantage of the oversupply of luxury condos in New York City. For the past two years, high-end apartments have been lagging on the market and that has predictably had a ripple effect on the rest of the city's inventory. #luxury #realestate #luxuryrealestate #forsale #investment #property #apartments #nyc #newyorkcityrealestate ... https://www.linkedin.com//how-new-yorkers-can-take-advanta

Just Sold! #uws #nyc #realestate #justsold #upperwestside #newyorkcity #congrats

The Biggest Price Killer Is Time. Check this chart from Urbandigs breaking down the % of asking price reduction over time #home #forsale #realestateagent #nyc

Whether you're buying or selling real estate in NYC, you can expect to pay a hefty amount of taxes and fees at the closing tablesome that you may expect and others that are unique to New York. Here is a brack down of everything you should know. #taxes #mortgage #realestateagent #property #property #home #forsale #homeownership ... https://www.linkedin.com//closing-costs-guide-nyc-buyers-s

Check this out. https://www.bloomberg.com//real-estate-investing-where-mul #blockchain #success #realestate

NYC Real Estate Sales Surge in January Investment and residential sales across New York City totaled $6 billion in January 2021, a 38% increase compared to January 2020, the Real Estate Board of New York said Thursday. Last month’s sales tally also represented a 21% gain in December 2020. The improvement in sales volume also meant a 31% increase in real estate transfer taxes. Since real estate is the fundamental driver of New York City’s economy, that bodes well for the city’...s recovery, according to REBNY. As New York City continues to face significant challenges, tax revenue generated by the resurgence of real estate market activity will play a central role in driving the City’s economic recovery and funding basic government services that millions of New Yorkers rely on, said REBNY president James Whelan. However, with both sales volume and tax revenues down substantially since the pandemic began, the road to recovery will be long, said REBNY. #investment #sales #economy #news #market #housing #nyc #realestate

The Real Estate Board of New York reported that New York City’s total residential sales volume and total residential transactions increased significantly in the final quarter of 2020. According to the board’s Q4 2020 Quarterly Residential Sales Report, the end-of-year surge was driven by particularly strong activity in the four boroughs outside Manhattan. Citywide total residential sales volume increased to $9 billion in Q4 2020 from $6.5 billion in Q3 2020, representing a ne...arly 40 percent quarterly increase in sales volume. This turnaround came after three consecutive quarters of declining sales volume. Citywide total residential transactions increased to 9,397 sales in Q4 2020 from 6,305 sales in Q3 2020, representing a nearly 50 percent quarterly increase in transactions. This boost in activity also came after three consecutive quarters of declining transactions. The reports also found significant quarterly changes from Q3 to Q4 2020 by borough: Brooklyn: Sales volume increased 90% and transactions increased 73% Queens: Sales volume increased 69% and transactions increased 56% Staten Island: Sales volume increased 56% and transactions increased 52% Bronx: Sales volume increased 50% and transactions increased 39% Manhattan: Sales volume remained flat while transactions increased 18% #realestate #market #sales #growth #nyc #newyorkcityrealestate

Some Green news in new york city! https://www.washingtonpost.com//03/climate-empire-state-w/ #energy #climatechange #green #newyorkcity #greenenergy

For those of us who like some numbers here is a look at NYC’s multifamily investment sales across the boroughs. https://www.forbes.com//new-york-citys-2020-multifamily-/ #realestate #multifamily #cre #internationalrealestate #sales #investment #commercialrealestate #property #realestateagent

A development site that might come to Williamsburg, and still waiting for final approvals from the city. But it didn't stop the developers Two Trees Management to buy the 3.5 acres of land for $150,000,000 back in 2019. The 2 mixed-use towers will be 650 feet tall with access to the East River. The towers will have 1,000 residential units, 47,000-square-foot YMCA, 30,000 square feet of retail space, and 57,000 square feet of office space. Plus a public waterfront park with sandy beach, tidal pools, fishing pier, a boating cove, amphitheater, and kayak rental. Let me know in the comments what do you think about this site. #realestate #development #property #luxuryrealestate #newyorkcity

New York City's Real Estate Market Is Rising! New York buyers are feeling shocked to discover that half the properties they saw last week have accepted offers. Sellers, equally surprised but more pleasantly so, are discovering that the first offer they receive may well be followed by a second one. While this phenomenon is particularly true in the market for properties costing $2 million or less, New York City agents are seeing signs of it throughout our marketplace. Stability..., long-postponed by the terrible early months of the pandemic and the flight from town by many potential buyers, arrives in our market at last. https://www.linkedin.com//new-york-citys-real-estate-marke #realestate #sold #forsale #news #nyc #property

2020 4Q Market Report. The final quarter of 2020 saw buyers across all price points return to the market. As noted last quarter, year-over-year comparisons remain affected by legislative changes in 2019 which negatively impacted the markets late last year. While median and average prices continue to show gains of 3% compared to the year-ago period, we are cautious looking forward as the true COVID-era pricing pressures will most likely be revealed in the coming quarters. I...n the meantime, local supply and demand remain the most relevant factors in determining market dynamics. If you want the full report feel free to reach out. #market #realestate #Q4 #2020

Real Estate In Q4 2020: The Quarter That Brought Drama To The Lives Of Many New Yorkers! Jerry Seinfeld will never leave New York, as he has publicly announced. Nor will Leonard Lauder. Many of those who did leave now, with a vaccine and the resulting pandemic management on the horizon, think hard about returning. Real New Yorkers don’t feel happy in the suburbs. #realestate #nyc #q4 ... https://www.linkedin.com//real-estate-q4-2020-quarter-brou