Blog Posts – Small Image

    What’s becoming a more treasured collectable than a Matisse or Picasso?  The $100 million showcase home!   Read the entire article at USA Today....
    A terrace, a Sub-Zero, and a rooftop pool?  Oh, dear, how passé!   2015’s luxury developers are differentiating their properties with an all new level of amenities. We’re talking cigar lounges, personal dog walkers, private ice skating rinks, and an...
Here’s a surprise: Guess what city is the only one in the world to experience an acceleration in high-end home sales rate between 2013 and 2014,  Give you three guesses.  Wrong, wrong, and wrong! Look here to find out  ...
    The Fulton Street corridor near City Hall and Nassau Street, once a residential no-man’s land, is now red hot.  First 5 Beekman, then 130 William and the Four Seasons, and now plans have been approved for a new...
  By Royce Pinkwater Sooner or later, concepts are tweaked and become new again. An old idea – buying a pied a terre and renting it out while you’re away – has been shifted a bit and is now becoming...
    With the wow new Whitney museum on the High Line in Chelsea, the major art galleries are beefing up their space, knowing that the big pull for art buyers is now happening there.   With rents soaring, the small galleries...
    Prime NYC office rents have increased by 20% to hit $150 psf and have outperformed all major cities, even HK. While HK office rents are at $250 psf, there is empty space, and NY is full. NYC is...
    In the Miami battle for top luxury buyers, and successful projects, developers require a 50% down payment on signing, and they are betting on hotel level amenities to win the game and lure the most sales.  For example,...
    New Numbers:  Some New York new development numbers pulled from the hot market we are in:  the price per square has risen 50% between 2013 and 2015, just 5 buildings our of 97 luxury buildings listed will account...
  The Chinese have been entering the NYC market big time:  2014 eclipsed $3 billion, an increase of 43% from 2013 sales. This is only the beginning.  Over the next few years, as much as $50 bn will be invested...