http://www.tregny.com/content/press_archives TREGNY in the Press Archives Wed, 10 Mar 2010 18:15:05 +0000 http://backend.userland.com/rss092 en Mon, 01 Mar 2010 18:10:01 -0500 For new condos, brokers say sticker prices no longer matter March 01, 2010 07:00AM By Candace Taylor During the boom, purchasing a new condo was like buying Manolo Blahniks or an Armani suit: Shopping in an elaborate showroom, buyers wouldn't dream of offering less than the sticker price. These days, the showrooms are ... http://www.tregny.com/content/press_archives/2010/03/01/the-new-negotiability/ Lower Manhattan $375,000 21 South End Avenue 1-bedroom, 1-bath, 560 sf condo in a postwar elevator building (the Regatta); doorman; unit has private terrace, central air-conditioning and washer/dryer; building has roof deck, laundry and storage; common charges $918 per month; taxes $651 per month; asking price $395,000; 20 weeks on the market. (Brokers: ... http://www.tregny.com/content/press_archives/2010/03/01/residential-deals/ In the past year, New York City renters have come to expect a bevy of incentives, like months of free rent, landlord-paid brokers' fees, and even -- in the case of boutique luxury rental 436 West 20th Street -- a butler. Could these perks be disappearing? In recent weeks, brokers have reported ... http://www.tregny.com/content/press_archives/2010/03/01/the-end-of-free-lunches/ Tue, 23 Feb 2010 14:44:18 -0500 The Manhattan rental market showed little movement this past month, according to the Real Estate Group NY's mid-month February 2010 report, with rents climbing just .19 percent since last month (see the full report below). While the rate of vacancies continued to decrease, particularly among doorman units, which saw inventory ... http://www.tregny.com/content/press_archives/2010/02/23/manhattan-rental-market-flat-report-says/ Tuesday, February 23, 2010, by Sara The last week of the month means, yup, another monthly Manhattan rental market report from the folks at The Real Estate Group New York. The last report contained the bombshell claim that landlords were pulling back on concessions and even testing rent increases. But this ... http://www.tregny.com/content/press_archives/2010/02/23/landlords-see-mixed-success-with-rent-increases-report-says/ Thu, 04 Feb 2010 15:35:58 -0500 IN the contest for Brooklyn’s priciest condo, a Brooklyn Heights triplex with sweeping Manhattan and harbor views has just taken the prize, with an $8.495 million sale price. The 9,486-square-foot apartment at One Brooklyn Bridge Park, with a 900-square-foot waterfront terrace, went to the founder of an investment management firm, who ... http://www.tregny.com/content/press_archives/2010/02/04/one-costly-condo/ Fri, 29 Jan 2010 18:01:46 -0500 BY Jason Sheftell DAILY NEWS REAL ESTATE CORRESPONDENT That real-estate swagger might just be back. For the first time in two years, top real-estate executives, marketers and salespeople are starting to see strong sales in certain neighborhoods as New Yorkers pull the trigger on home purchases again. In Queens, fourth-quarter housing sales ... http://www.tregny.com/content/press_archives/2010/01/29/real-estate-leaders-see-good-buys-in-select-new-york-neighborhoods/ Tue, 26 Jan 2010 17:39:17 -0500 Yes we've been blitzed by rental market reports lately, but the scary numbers for landlords at the end of '09 make the findings in The Real Estate Group New York's January Manhattan rental report feel almost uplifting. Almost. Rents have stayed relatively flat month-to-month, though they have fallen 6.5 percent ... http://www.tregny.com/content/press_archives/2010/01/26/report-claims-manhattan-landlord-testing-rent-increases/ Fri, 15 Jan 2010 15:18:21 -0500 Ask and ye shall receive: Tenants who bargained their landlords down By JUSTIN ROCKET SILVERMAN Renters of New York, rejoice! The long tyranny of ever-rising rents is crumbling under the strain of global recession. Once it was a question of how much the rent would increase in any given year. Now, for the ... http://www.tregny.com/content/press_archives/2010/01/15/down-with-rent/ Thu, 14 Jan 2010 14:04:41 -0500 As New York City residential renters reach the end of their leases, many are are getting their rents slashed. Rents dropped in the fourth quarter of 2009 over the same quarter in 2008. "A lot of tenants have been successfully renegotiating rents," said Daniel Baum, CEO of TDG/TREGNY. Prudential Douglas ... http://www.tregny.com/content/press_archives/2010/01/14/tenants-ask-for-and-receive-lower-rents/ Mon, 11 Jan 2010 17:49:29 -0500 01/11/2010 02:23 PM By: Shazia Khana Manhattan rentals prices continued to plunge in 2009, according to a report released this month. NY1's Shazia Khan filed the following report. A year-end report on the Manhattan rental market shows few surprises. “What we found for the year ending in 2009 was what most consumers would expect, ... http://www.tregny.com/content/press_archives/2010/01/11/manhattan-rental-prices-dropped-in-09-report-finds/ Wed, 06 Jan 2010 15:46:03 -0500 NEW YORK CITY-As a gauge of the multifamily sector’s health, a trio of new reports on Manhattan apartment-unit sales offer some encouraging indicators and dovetail with a recent report on the island’s rental market and Real Capital Analytics data on apartment property transactions nationwide. The fourth-quarter 2009 Prudential Douglas Elliman ... http://www.tregny.com/content/press_archives/2010/01/06/manhattan%e2%80%99s-apartment-market-stabilizes/ Mon, 04 Jan 2010 15:56:34 -0500 Think the dropping of a big fancy ball means the real estate industry can forget about a horrific 2009? Not so fast! Tomorrow the brokerages will release their quarterly sales reports for the Manhattan market, but before that, The Real Estate Group New York is tying a bow on the bag ... http://www.tregny.com/content/press_archives/2010/01/04/09-manhattan-rental-report-has-the-answer/ The 2010 rental market may is expected to start off slow, though there is potential to see a return to stability, according to the 2009 year-end report from TDG/TREGNY, released today (see full report below). The Manhattan Rental Market report, which conflates the group's monthly Manhattan rental market reports, shows that ... http://www.tregny.com/content/press_archives/2010/01/04/2010-residential-rental-market-to-start-off-slow/ Think the dropping of a big fancy ball means the real estate industry can forget about a horrific 2009? Not so fast! Tomorrow the brokerages will release their quarterly sales reports for the Manhattan market, but before that, The Real Estate Group New York is tying a bow on the ... http://www.tregny.com/content/press_archives/2010/01/04/rent-too-high-09-manhattan-rental-report-has-the-answer/ Fri, 01 Jan 2010 14:14:07 -0500 Volume 22, Number 34 | The Newspaper of Lower Manhattan | January 1 - 7, 2010 The owner of 69 Reade St. has filed an application to demolish the building. On the demo block Eight months after a five-story Tribeca building partially collapsed, the owner of the 154-year-old loft building has filed for ... http://www.tregny.com/content/press_archives/2010/01/01/mixed-use-5/ Wed, 23 Dec 2009 22:13:41 -0500 by Avi - December 23, 2009 at 2:28 am Average rents for small apartments on the Upper West Side dropped considerably again this month, with studios in apartment buildings without doormen falling more than 5% month-to-month. Larger apartments, however, actually got more expensive, according to the The Real Estate Group of ... http://www.tregny.com/content/press_archives/2009/12/23/report-small-apartments-on-uws-keep-getting-cheaper/ By Dawn Wotapka Manhattan’s two-bedrooms have long been popular for young professionals and couples with a young child. But the market appears to benefiting as renters double up to shave costs. In such addresses lacking a doorman, December’s rents dipped 1% from a year earlier to $3,672, better than a 3.8% ... http://www.tregny.com/content/press_archives/2009/12/23/demand-relatively-stable-for-manhattan-two-bedrooms/ Tue, 22 Dec 2009 22:25:08 -0500 By Oshrat Carmiel Before we close the book on 2009, brokerages everywhere want to leave you with some December market stats to take into the new year. Consider it their coal in your stocking! The good folks at The Real Estate Group New York have released their latest rental report, which, ... http://www.tregny.com/content/press_archives/2009/12/22/rental-market-is-stable-enough-for-christmas-to-proceed/ By Oshrat Carmiel Dec. 22 (Bloomberg) -- Manhattan rents fell as much as 7 percent in the year ended Dec. 15 as the recession helped some tenants move up to larger apartments for less. Rents for studio apartments dropped 7 percent to an average of $2,247 a month in the period, the ... http://www.tregny.com/content/press_archives/2009/12/22/manhattan-apartment-rents-fell-7-on-unemployment/