Garment District: Developers stitching up a residential neighborhood

As seen in the Real Deal, quite possibly the final frontier of Manhattan is underway.The area known as”Garment District”, starts south of Times Square and runs down to Chelsea. The area very eclectic also has many names;  WEST 30S, Javits , North Chelsea, FIT. This area has been climbing, expanding by adding stores and rentals [...]

The Myth of 10 Percent Down

Low down payments for new properties and condos, the amount has been alluring for many over the past years. 10% down,dreamy new buildings, and more buying power were a driving factor in so many purchases.  However, this all started to change around February.  Currently in this market there are developers and many buildings continue to advertise [...]

One Is The Loneliest Number…For Bedrooms That Is!

As written in the NY Times, One bedroom onwers may want to consider renting if possible over selling. The inventory of one-bedroom apartments in Manhattan  continues to rise,  according to the article it is because apparently buyers, particularly first-timers, can’t get mortgages.

By  Christine Haughney
OWNERS of one-bedroom apartments in Manhattan may be surprised if they put their [...]