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NYC Tallest Condo Corridor Gets New Entrant With Steinway
Manhattan’s 57th Street, where the two tallest condominium towers in New York are under construction, is poised to get a third skyscraper with apartments perched above the city at near-record heights.
Bloomberg -
Verizon to Lease or Sell Space in Its Manhattan Headquarters
Verizon Communications Inc. (VZ) , the second-largest U.S. phone company, will sell or lease out about half the space in its Manhattan headquarters, part of a move to cut costs and raise cash in a rebounding real estate market.
Bloomberg -
Is another bubble forming in the U.S. housing market?
The spring homebuying season has been marked by a frenzy of demand fuelled by the Fed’s drive to push down borrowing costs, a scarcity of listings and a new appetite for foreclosures
Financial Post -
Hamptons Home Prices Plummet After A Busy Winter
If the Hamptons real estate market celebrated the end of last year with a boom — as high-end homebuyers rushed to complete deals before capital gains tax rates spiked at the start of 2013 — then the last three months must have felt like a hangover.
Business Insider