Corcoran.com lists a minuscule 267 new listings this week, the lowest number I have seen on the site. Corocoran defines a new listing as a property that has come on the market in the last seven days.Usually, four to eight hundred apartments fall in that category. Sometimes, a new development lists each unit separately [...]

Are Manhattan apartment prices coming down–finally? Asking prices seem noticeably lower in Manhattan and certain Brooklyn neighborhoods. Another fluke?

As evidence of the turning tide, check out my old Schermerhorn Street apartment, the price knocked down by $40K since I posted about it. An apartment in another favorite building I watch, 200 E [...]

What interests me about this apartment for sale is that this apartment is the apartment G. and I used to own. We sold this downtown Brooklyn one bedroom in May 2005 for $345K. Today the asking price is $440K.

Does the $85K price increase say anything about the New York City real estate [...]

Scanning the listings on Corcoran.com, you’d think that Manhattan apartment prices haven’t budged, despite the crumbling of the rest of the nation’s real estate markets. I’m not looking for Manhattan prices to crumble; I only want them out of the ozone.

Whenever I see a 750+ square foot apartment listed for under $500K, I [...]