Central Midtown, the Garment District and NoMad dominate NYC’s office conversion landscape, holding 30M of the city’s 85M sq. ft. of prime convertible office space. Key Takeaways: 85 million square feet of NYC office space […]
Citywide prices grew much faster in 31 of the 40 most populated cities in the U.S. over the past decade, with 17 downtowns now cheaper than the city. Unequal Growth & Remote Work Change Price […]
A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can be applied to a wide range of properties, from real estate and vehicles to […]
Metro New York’s median sale price was $441 per square foot over the past 12 months. 200 of the 240 locations analyzed had lower median sale prices than the metro average. Five metro communities featured […]
Manhattan hits 8-year high, but metro foreclosures drop fueled by the slowdowns of its most active markets: Queens, Suffolk, Nassau & Brooklyn. Key Takeaways: New York metro closes slowest first quarter in five years after […]
The United States homeownership rate represents the percentage of occupied housing units where the resident is also the owner. A constantly evolving figure, the United States homeownership rate currently rests at 65.2%, while renter-occupied housing units make […]
Property taxes are one of the main sources of revenue for local governments. They’re used to fund public services and programs, such as schools; emergency services (including fire and police departments); infrastructure development and upkeep; […]
Key Takeaways: Atherton, Calif., remains #1 most expensive zip code in U.S. for 8th consecutive year The Hamptons’ Sagaponack and Water Mill rank as #2 and #3 most expensive zip codes, respectively, just shy of $6 […]