The Real Estate Board of New York

Total Page:16

File Type:pdf, Size:1020Kb

The Real Estate Board of New York THE REAL ESTATE BOARD OF NEW YORK NEW YORK CITY RESIDENTIAL SALES REPORT | FIRST QUARTER 2018 TABLE OF CONTENTS 3 Executive Summary 3 Total Consideration 3 Total Consideration History 4 All Homes 5 Condominiums 6 Cooperatives 7 One-To-Three Family Dwellings 8 Neighborhood Highlights 8 Bronx 9 Brooklyn 10 Manhattan 11 Queens 12 Staten Island 13 Appendix - Sales Data 13 Citywide and Borough 17 Bronx 22 Brooklyn 32 Manhattan 36 Queens 46 Staten Island 50 Manhattan Townhouse NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 2 EXECUTIVE SUMMARY The New York City residential sales market recorded a 16 percent ¿UVWTXDUWHURI7KHWRWDOQXPEHURIKRPHVDOHVIHOOSHUFHQW decrease in citywide consideration (monetary value for completed WRLQ0DQKDWWDQSHUFHQWWRLQ%URRNO\QSHUFHQWWR WUDQVDFWLRQV WRWDOLQJELOOLRQLQWKH¿UVWTXDUWHURI LQ6WDWHQ,VODQGDQGSHUFHQWWRLQ4XHHQV+RPHV FRPSDUHGZLWKWKH¿UVWTXDUWHURI VDOHVLQWKH%URQ[LQFUHDVHGHLJKWSHUFHQWWRLQWKH¿UVWTXDUWHURI 2018. 7KLVZDVWKHWKLUGFRQVHFXWLYHTXDUWHURI\HDURYHU\HDUGHFOLQHVLQ total residential sales consideration. The New York City residential 'HVSLWHGHFOLQLQJKRPHVDOHVYROXPHWKHQXPEHURIVDOHVLQWKH VDOHVPDUNHWKDVQRWH[SHULHQFHGWKUHHTXDUWHUVRIFRQVHFXWLYH\HDU PLGGOHPDUNHWVDOHVSULFHUDQJHVRIWRPLOOLRQDQG RYHU\HDUGHFUHDVHVVLQFHWKHWKLUGTXDUWHURI7KHELOOLRQ PLOOLRQWRPLOOLRQRQO\IHOOWKUHHSHUFHQWFRPSDUHGWRQXPEHURI GHFUHDVHLQWRWDOFRQVLGHUDWLRQUHJLVWHUHGLQWKH¿UVWTXDUWHURI sales in the same price ranges last year. The largest decline in sales ZDVWKHODUJHVW\HDURYHU\HDUGURSUHFRUGHGVLQFHWKHWKLUGTXDUWHU by price range was the $5 million category in which the number of of 2009. sales fell 37 percent year-over-year. 7RWDOUHVLGHQWLDOVDOHVFRQVLGHUDWLRQPHDVXUHGTXDUWHUO\GHFUHDVHG 7KHDYHUDJHVDOHVSULFHIRUDKRPH FRRSHUDWLYHVFRQGRPLQLXPV LQWKUHHRIWKH¿YHERURXJKV'XULQJWKH¿UVWTXDUWHURIWRWDO and one-to-three-family dwellings) in New York City decreased seven UHVLGHQWLDOVDOHVFRQVLGHUDWLRQGHFUHDVHGRYHUODVW\HDU¶V¿UVWTXDUWHU SHUFHQW\HDURYHU\HDUWRLQWKH¿UVWTXDUWHURI by: 30 percent to $4.61 billion in Manhattan; 12 percent to $2.36 The average sales price of a condominium in New York City billion in Brooklyn; and less than one percent to $711 million in Staten decreased 20 percent year-over-year to $1.56 million. The citywide Island. Total consideration increased 16 percent to $436 million in the condo average sales price decline was driven by a 17 percent Bronx and 7 percent to $2.21 billion in Queens. GHFOLQHLQWKH0DQKDWWDQFRQGRDYHUDJHVDOHVSULFHWR &LW\ZLGHKRPHVDOHVYROXPHGHFUHDVHGSHUFHQWWRLQWKH IURPWKHDOOWLPHKLJKDYHUDJHVDOHVSULFHRI TOTAL CONSIDERATION Borough Residential Sales 1Q18 Residential Sales 4Q17 Residential Sales 1Q17 NYC Manhattan Bronx Brooklyn Queens Staten Island Borough % ǻ From 4Q17 % ǻ From 1Q17 NYC -3.08% -16.48% Manhattan -3.67% -29.38% Bronx -4.09% 16.30% Brooklyn -1.75% -12.50% Queens -5.47% 7.70% Staten Island 5.42% -0.56% TOTAL CONSIDERATION HISTORY AVERAGE SALES PRICE % ǻ FROM 1Q17 All Homes Condos Coops One-to-Three Family Dwellings 15000 15000 45% 40% 35% 12000 30% 12000 25% 20% 9000 15% 9000 10% 5% Consideration 6000 Number of Sales 0% -5% 6000 3000 -10% -15% -20% 3000 0 -25% 1q09 3q09 1q10 3q10 1q11 3q11 1q12 3q12 1q13 3q13 1q14 3q14 1q15 3q15 1q16 3q16 1q17 3q17 1q18 New York City Manhattan Bronx Brooklyn Queens Staten Island NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 3 EXECUTIVE SUMMARY ALL HOMES The average sales price of a home in New York City DYHUDJHVDOHVSULFHRIDKRPHLQ%URRNO\QURVHE\ GXULQJWKH¿UVWTXDUWHURIZDVDVHYHQ WKUHHSHUFHQWWRLQ4XHHQVJUHZE\ SHUFHQWGHFUHDVHIURPWKH¿UVWTXDUWHURI7KH SHUFHQWWRLQWKH%URQ[LQFUHDVHGVHYHQ average sales price of a home in Manhattan decreased SHUFHQWWRDQGLQ6WDWHQ,VODQGURVHE\QLQH SHUFHQWIURPODVW\HDU¶V¿UVWTXDUWHUWR SHUFHQWWR :KHQFRPSDUHGWRWKH¿UVWTXDUWHURIODVW\HDUWKH ALL HOMES - 1Q18 &21'20,1,806ǻ)5204 AVERAGE SALES PRICE CHANGE FROM 1Q17 92% 60 40 &223(5$7,9(6ǻ)5204 20 0 -20 -39 )$0,/<':(//,1*6ǻ)5204 NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 4 EXECUTIVE SUMMARY CONDOMINIUMS The average sales price of a condominium unit in New WKH¿UVWTXDUWHURIIHOOWRD¿YHSHUFHQW <RUN&LW\GHFUHDVHGSHUFHQWWRLQWKH¿UVW decrease year-over-year. High priced sales in Flushing TXDUWHURIIURPLQWKH¿UVWTXDUWHURI and Long Island City pushed up the average sales price 2017. The average sales price of a condo in Manhattan IRUDFRQGRXQLWLQ4XHHQVGXULQJ¿UVWTXDUWHURIWR ZDVDSHUFHQWGHFUHDVH\HDURYHU\HDU DSHUFHQWLQFUHDVH\HDURYHU\HDU The average sales price for a condo in Brooklyn during CONDOMINIUMS - 1Q18 $//+20(6ǻ)5204 AVERAGE SALES PRICE CHANGE FROM 1Q17 63% &223(5$7,9(6ǻ)5204 40 20 0 -20 -33 )$0,/<':(//,1*6ǻ)5204 NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 5 EXECUTIVE SUMMARY COOPERATIVES The average sales price of a cooperative unit in New WRDQGLQ4XHHQVLQFUHDVHGSHUFHQWWR <RUN&LW\GXULQJWKH¿UVWTXDUWHURIZDV 7KHDYHUDJHVDOHVSULFHVIRU0DQKDWWDQ XSSHUFHQWIURPODVW\HDU¶V¿UVWTXDUWHUDYHUDJH7KH and Queens both set all-time highs for their respective DYHUDJHVDOHVSULFHRIDFRRSLQ0DQKDWWDQLQFUHDVHG boroughs. SHUFHQWWRLQ%URRNO\QURVHSHUFHQW COOPERATIVES - 1Q18 $//+20(6ǻ)5204 AVERAGE SALES PRICE CHANGE FROM 1Q17 58% 40 20 &21'20,1,80ǻ)5204 0 -20 -40 -60 )$0,/<':(//,1*6ǻ)5204 NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 6 EXECUTIVE SUMMARY ONE-TO-THREE FAMILY DWELLINGS The average sales price of a one-to-three family dwelling 2018. The average sales price for a one-to-three LQ1HZ<RUN&LW\GXULQJWKH¿UVWTXDUWHURIZDV IDPLO\GZHOOLQJLQFUHDVHGVL[SHUFHQWWRLQ DWZRSHUFHQWLQFUHDVHIURPODVW\HDU¶V¿UVW 4XHHQVVHYHQSHUFHQWWRLQWKH%URQ[DQG TXDUWHUDYHUDJHDQGDQDOOWLPHKLJKIRU1HZ<RUN&LW\ QLQHSHUFHQWWRLQ6WDWHQ,VODQG7KHDYHUDJH sales price for a one-to-three family dwelling in Brooklyn The average sales price for a one-to-three family LQFUHDVHGHLJKWSHUFHQW\HDURYHU\HDUWR GZHOOLQJLQ4XHHQVWKH%URQ[DQG6WDWHQ,VODQG UHJLVWHUHGQHZUHFRUGKLJKVLQWKH¿UVWTXDUWHURI ONE-TO-THREE FAMILY $//+20(6ǻ)5204 DWELLINGS - 1Q18 AVERAGE SALES PRICE CHANGE FROM 1Q17 58% 40 &21'20,1,806ǻ)5204 20 0 -20 -40 &223(5$7,9(6ǻ)5204 -60 NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 7 BRONX NEIGHBORHOOD HIGHLIGHTS There were 119 one-to-three family home sales in City 3DUNFKHVWHU:HVWFKHVWHU6TXDUH&DVWOH+LOO Island / Pelham Bay / Pelham Strip / Country Club / Soundview had 110 one-to-three family dwelling sales 7KURJV1HFN6FKX\OHUYLOOHWKLVTXDUWHUDSHUFHQW WKLVTXDUWHUZKLFKLVDRQHSHUFHQWLQFUHDVHIURPWKH increase year-over-year. The average sales price of a ¿UVWTXDUWHURI7KHDYHUDJHVDOHVSULFHRIDRQH RQHWRWKUHHIDPLO\GZHOOLQJLQWKHDUHDZDV WRWKUHHIDPLO\GZHOOLQJLQWKHDUHDZDVDQ DQLQFUHDVHRISHUFHQWIURPWKH¿UVWTXDUWHURI increase of four percent year-over-year. Riverdale Woodlawn Fieldston Williamsbridge Kingsbridge Jerome Park Baychester Bedford Park Coop City Norwood Fordham Bronxdale Belmont Pelham Garden Kingsbridge Heights Pelham Parkway North University Heights Pelham Parkway South Morris Park Van Nest Highbridge Morris Heights Bathgate Mount Hope Crotona Park East Tremont City Island Pelham Bay Pelham Strip Parkchester Country Club Westchester Square Throgs Neck Castle Hill Schuylerville Melrose Soundview Morrisania Mott Haven Port Morris Hunts Point NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 8 BROOKLYN NEIGHBORHOOD HIGHLIGHTS The average sales price of a Williamsburg condo ,Q&DQDUVLHWKHDYHUDJHVDOHVSULFHRIDRQHWRWKUHH GHFUHDVHGRQHSHUFHQWWKLVTXDUWHUWR IDPLO\GZHOOLQJLQFUHDVHGQLQHSHUFHQWWR FRPSDUHGWRWKH¿UVWTXDUWHURI7KHQXPEHURI FRPSDUHGWRWKH¿UVWTXDUWHURIODVW\HDU<HDURYHU FRQGRVDOHVLQWKHQHLJKERUKRRGWKLVTXDUWHUGHFUHDVHG \HDUWKHQXPEHURIRQHWRWKUHHIDPLO\GZHOOLQJVDOHVLQ WRIURPLQWKH¿UVWTXDUWHURI Canarsie increased 14 percent to 106. Greenpoint Vinegar Hill Downtown DUMBO Williamsburg Brooklyn Heights Bushwick Wycoff Heights Fort Cobble Hill Greene Clinton Hill Bedford Boerum Columbia Street Stuyvesant Waterfront District Hill Carroll Cypress Hills Gardens Prospect Heights Red Hook Gowanus Park Crown Heights Slope Brownsville East New York Ocean Hill Spring Creek Prospect Lefferts Gardens Windsor Terrace Sunset Park Flatbush Prospect East Park South Flatbush Canarsie Kensington Borough Parkville Bay Ridge Park Flatlands Fort Hamilton Bergen Dyker Beach Heights Midwood Mill Basin Bemsonhurst Marine Park Bath Beach Madison Gerritsen Gravesend Sheepshead Beach Mapleton Bay Brighton Manhattan Sea Gate Coney Beach Beach Island NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 9 MANHATTAN NEIGHBORHOOD HIGHLIGHTS ,QWKH¿UVWTXDUWHURIWKHDYHUDJHVDOHVSULFHRID FRQGRPLQLXPLQ0LGWRZQ:HVWLQFUHDVHG¿YHSHUFHQWWR FRPSDUHGWRWKH¿UVWTXDUWHURI7KHUH were 113 sales of condominiums in Midtown West during Inwood WKH¿UVWTXDUWHURIDGHFUHDVHRISHUFHQWIURP WKH¿UVWTXDUWHURIODVW\HDU Sales of cooperative units on the Upper East Side Washington GHFUHDVHGQLQHSHUFHQWWKLVTXDUWHUWRFRPSDUHG Hieghts WRLQWKH¿UVWTXDUWHURI7KHDYHUDJHVDOHV price of a coop unit on the Upper East Side increased 11 SHUFHQWWR West Harlem Morningside Heights East Harlem Upper West Side Upper East Side Midtown West Roosevelt Island Midtown East Chelsea Murray Hill Flatiron Gramercy Kips Bay West Village Greenwich Village SoHo East Village Tribeca Lower East Side Battery Park City Financial Seaport NEW YORK CITY RESIDENTIAL SALES REPORT 1Q18 | 10 QUEENS NEIGHBORHOOD HIGHLIGHTS Flushing recorded the most condominium activity in )RUHVW+LOOV.HZ*DUGHQVZDVDSHUFHQW 4XHHQVDJDLQWKLVTXDUWHUZLWKVDOHVDSHUFHQW LQFUHDVHIURPWKH¿UVWTXDUWHURIODVW\HDU GHFUHDVHIURPWKH¿UVWTXDUWHURI7KHDYHUDJH VDOHVSULFHRIDFRQGRPLQLXPLQ)OXVKLQJZDV The number of one-to-three family home sales in a 22 percent increase year-over-year. 6SULQJ¿HOG*DUGHQV-DPDLFD6RXWK-DPDLFD%DLVOH\ 3DUNLQFUHDVHGSHUFHQWWRVDOHVWKLVTXDUWHU Rego Park / Forest Hills
Recommended publications
  • BUYOUTS and BEYOND: Politics, Planning, and the Future of Staten Island's East Shore After Superstorm Sandy
    BUYOUTS AND BEYOND: Politics, Planning, and the Future of Staten Island’s East Shore After Superstorm Sandy By Alexander F. Brady B.A. Comparative Literature Princeton University, 2010 SUBMITTED TO THE DEPARTMENT OF URBAN STUDIES AND PLANNING IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER IN CITY PLANNING AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY JUNE 2015 ©2015 Alexander F. Brady. All Rights Reserved. The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium now known or hereafter created. Signature of Author ____________________________________________________________________________________ Department of Urban Studies and Planning May 18, 2015 Certified by ____________________________________________________________________________________________ Professor Lawrence J. Vale Department of Urban Studies and Planning Thesis Supervisor Accepted by ___________________________________________________________________________________________ Professor Dennis Frenchman Chair, MCP Committee Department of Urban Studies and Planning BUYOUTS AND BEYOND: Politics, Planning, and the Future of Staten Island’s East Shore After Superstorm Sandy By Alexander F. Brady B.A. Comparative Literature Princeton University, 2010 Submitted to the Department of Urban Studies and Planning on May 18th, 2015 in Partial Fulfillment of the Requirements for the Degree of Master in City Planning ABSTRACT In the aftermath of Superstorm Sandy, two separate, federally funded programs began purchasing storm-damaged homes from voluntary sellers in the low-lying, working- class communities of Staten Island’s East Shore. New York State’s, offered in three specific, geographically bounded neighborhoods, requires that the land procured be preserved as open space. The City’s acquires any substantially damaged properties, with the goal of redeveloping them as more resilient housing.
    [Show full text]
  • Youth Guide to the Department of Youth and Community Development Will Be Updating This Guide Regularly
    NYC2015 Youth Guide to The Department of Youth and Community Development will be updating this guide regularly. Please check back with us to see the latest additions. Have a safe and fun Summer! For additional information please call Youth Connect at 1.800.246.4646 T H E C I T Y O F N EW Y O RK O FFI CE O F T H E M AYOR N EW Y O RK , NY 10007 Summer 2015 Dear Friends: I am delighted to share with you the 2015 edition of the New York City Youth Guide to Summer Fun. There is no season quite like summer in the City! Across the five boroughs, there are endless opportunities for creation, relaxation and learning, and thanks to the efforts of the Department of Youth and Community Development and its partners, this guide will help neighbors and visitors from all walks of life savor the full flavor of the city and plan their family’s fun in the sun. Whether hitting the beach or watching an outdoor movie, dancing under the stars or enjoying a puppet show, exploring the zoo or sketching the skyline, attending library read-alouds or playing chess, New Yorkers are sure to make lasting memories this July and August as they discover a newfound appreciation for their diverse and vibrant home. My administration is committed to ensuring that all 8.5 million New Yorkers can enjoy and contribute to the creative energy of our city. This terrific resource not only helps us achieve that important goal, but also sustains our status as a hub of culture and entertainment.
    [Show full text]
  • Two Years After Superstorm Sandy: Resilience in Twelve Neighborhoods
    Two Years after Superstorm Sandy: Resilience in Twelve Neighborhoods FOR FURTHER INFORMATION ON THIS REPORT: Eric Young, Public Affairs Manager, NORC 301-634-9536 [email protected] www.apnorc.org AP-NORC Center for Public Affairs Research TABLE OF CONTENTS Introduction .......................................................................................................................................................................1 Summary of Findings..................................................................................................................................................................................................... 3 Section 1: The Recovery Story across Twelve Neighborhoods ......................................................................... 4 The impact of Superstorm Sandy was widespread across the study region and felt especially hard at the neighborhood level. ................................................................................................................................................................................................ 6 Two years out from the storm, reported levels of recovery in the study are generally high, but not universal. .................................................................................................................................................................................................................................. 7 Sandy impacted pocketbooks and altered financial plans for the future, but also brought neighbors together. ...................................................................................................................................................................................................................................
    [Show full text]
  • A Background Study of Historic Land Use of The
    PROPERTY OF LIBRARY IDIVISION OF CULTURAL RESOURCES NARO ccs i4oooO GWaJ13I BACKGROUND STUDY OF HISTORIC LAND USE OF THE GATEWAY NATIONAL RECREATION AREA STATEN ISLAND UNIT Sherene Baugher-Perlin Ph.D Frederick Bluefeld B.A P.B.E.C With special assistance by George Rappaport Ph.D Prepared by the Staten Island Institute of the Arts and Sciences under contract number IFB-NARO-9-0047 for the North Atlantic Regional Office National Park Service U.S Department of the Interior July 1980 Table of Contents Listof Figures ii Acknowledgements Iv Introduction .. Fortwadsworth ....... The Beaches 30 MillerField 49 The Britton Cottage 70 Great Kills Park 86 Recommendations 97 References Cited .1 99 Annotated Bibliography 106 List of Figures No Title Page Map of the Gateway Property on Staten Island map of Old Town Diagram of the excavation area at Oude Dorp 11 Drawing of Fort Richmond under construction 1861 21 Beers map of Fort Wadsworth 1874 22 view bf the Narrows 1854 24 mansion in Arrochar 25 Robinsons map of Fort Wadsworth 1898 27 Military map of Fort Wadsworth 1962 29 10 Historic map of Staten Islands terrain 31 11 Robinsons map of South Beach Resorts 1898 33 12 Pier at Midland Beach 35 13 Hotels at Midland Beach 35 14 Bromleys map of South Beach Resorts 1917 37 15 Robinsons map of Midland Beach Resorts 1898 39 16 Bromleys map of Midland Beach Resorts 1917 43 17 Bromleys map of New Dorp Resorts 1917 44 18 Woodland Beach tent camp 46 19 View of Midland Beach 46 20 Print of the Vanderbilt Home 61 21 Beers map of Vanderbilt Estate 1874 63 List
    [Show full text]
  • 51 City Council District Profiles
    Todt Hill, Emerson Hill, Heartland Village, STATEN ISLAND Lighthouse Hill, Great Kills, Annadale, Huguenot, CITY Prince’s Bay, Eltingville, Rossville, Woodrow, Arden COUNCIL 2009 DISTRICT 51 Heights, Charleston, Richmond Valley, Tottenville Parks are an essential city service. They are the barometers of our city. From Flatbush to Flushing and Morrisania to Midtown, parks are the front and backyards of all New Yorkers. Well-maintained and designed parks offer recreation and solace, improve property values, reduce crime, and contribute to healthy communities. SHOWCASE : Wolfe’s Pond Park The Report Card on Beaches is modeled after New Yorkers for Parks’ award-winning Report Card on Parks. Through the results of independent inspections, it tells New Yorkers how well the City’s seven beaches are maintained in four key service areas: shore- lines, pathways, bathrooms, and drinking fountains. The Report Card on Beaches is an effort to highlight these important facilities and ensure that New York City’s 14 miles of beaches are open, clean, and safe. Wolfe’s Pond Bloomingdale Park, Woodrow Park is one of the seven public The Bloomberg Administration’s physical barriers or crime. As a result, beaches owned and operated by the City’s Parks Department. PlaNYC is the first-ever effort to studies show significant increases in In 2007, this beach was rated sustainably address the many infra- nearby real estate values. Greenways “unsatisfactory.” Its shoreline and structure needs of New York City, are expanding waterfront access bathrooms performed poorly. including parks. With targets set for while creating safer routes for cyclists Visit www.ny4p.org for more stormwater management, air quality and pedestrians, and the new initia- information on the Report Card and more, the City is working to tive to reclaim streets for public use on Beaches.
    [Show full text]
  • CSI in the News
    CSI in the News January 2011 Table of Contents Arts . 3 Faculty & Staff . 7 Sports . 39 Stories . 105 Students & Alumni . 146 Arts Page 3 of 157 SI350 continues yearlong birthday bash with weekend art workshop Published: Thursday, January 13, 2011, 5:01 PM By Stephanie Slepian STATEN ISLAND, N.Y. -- SI350 continues the borough's yearlong birthday bash with a month celebrating achievements and milestones in transportation. The next event is Saturday at 1:30 p.m. when the Noble Maritime Museum at Snug Harbor Cultural Center and Botanical Garden in Livingston holds a Family Maritime Art Workshop. Children under 10 will be admitted free. The cost for adults is $5. SI350 begins a yearlong celebration this week. On Wednesday, the Staten Island Museum in St. George will host "Meet the Exhibit Designers: New Staten Island Ferry Display" at 7 p.m. A photo exibit, "Going Places: Transportation in Paintings and Photos," featuring the work of Robert Padovano and Mary L. Bullock -- and funded by Consolidated Edison -- opens on Thursday at 6 p.m. in the library rotunda at the College of Staten Island. It runs through Feb. 20. Patricia Salmon, curator of the Staten Island Museum, will lead a talk on the exhibit "The Staten Island Ferry: The First 100 Years of Municipal Service" on Jan. 22 at 1:30 p.m. Artifacts, such as change machines, tickets, badges and models, are on display. A ride on the boat will follow the lecture. Sites along the route, such as the Statue of Liberty, Ellis Island and Governor's Island, will be discussed.
    [Show full text]
  • The Real Estate Board of New York
    THE REAL ESTATE BOARD OF NEW YORK NEW YORK CITY RESIDENTIAL SALES REPORT | THIRD QUARTER 2017 TABLE OF CONTENTS 3 Executive Summary 3 Total Consideration 3 Total Consideration History 4 All Homes 5 Condominiums 6 Cooperatives 7 One-to-Three Family Dwellings 8 Neighborhood Highlights 8 Bronx 9 Brooklyn 10 Manhattan 11 Queens 12 Staten Island 13 Appendix - Sales Data 13 Citywide and Borough 17 Bronx 22 Brooklyn 32 Manhattan 36 Queens 46 Staten Island 50 Manhattan Townhouse NEW YORK CITY RESIDENTIAL SALES REPORT 3Q17 | 2 EXECUTIVE SUMMARY The New York City residential sales market recorded a one The median price of a New York City home increased percent decrease in citywide consideration (monetary value 12 percent to $650,000 in the third quarter of 2017, for completed transactions) totaling $13.5 billion in the third demonstrating that the demand for New York City homes quarter of 2017, compared with the third quarter of 2016. remains broad-based. The average sales price for a home (cooperatives, Home sales volume decreased slightly year-over-year condominiums, and one-to-three family dwellings) in New citywide. The number of sales for all homes in the City York City rose one percent year-over-year to $987,000 in slipped two percent from the third quarter of last year to the third quarter of 2017. 13,636. The total number of home sales fell one percent to New records were set for coop average sales prices in 3,604 in Manhattan; three percent to 3,152 in Brooklyn; and Manhattan, Brooklyn, and Queens; for the condo average less than one percent to 4,287 in Queens.
    [Show full text]
  • The Real Estate Board of New York
    THE REAL ESTATE BOARD OF NEW YORK NEW YORK CITY RESIDENTIAL SALES REPORT | SECOND QUARTER 2018 TABLE OF CONTENTS 3 Executive Summary 3 Total Consideration 3 Total Consideration History 4 All Homes 5 Condominiums 6 Cooperatives 7 One-To-Three Family Dwellings 8 Neighborhood Highlights 8 Bronx 9 Brooklyn 10 Manhattan 11 Queens 12 Staten Island 13 Appendix - Sales Data 13 Citywide and Borough 17 Bronx 22 Brooklyn 32 Manhattan 36 Queens 46 Staten Island 50 Manhattan Townhouse NEW YORK CITY RESIDENTIAL SALES REPORT 2Q18 | 2 EXECUTIVE SUMMARY The New York City residential sales market recorded an eight percent consideration increased 10 percent to $470 million in the Bronx and 25 decrease in citywide consideration (monetary value for completed percent to $883 million in Staten Island. transactions) totaling $12.3 billion in the second quarter of 2018, Citywide home sales volume decreased four percent to 12,262 sales compared with the second quarter of 2017. in the second quarter of 2018. The total number of home sales fell 11 This was the fourth consecutive quarter of year-over-year declines in percent to 2,921 in Manhattan; 4 percent to 2,907 in Brooklyn; and 7 total residential sales consideration. The New York City residential sales percent to 3,697 in Queens. Home sales in the Bronx increased seven market has not experienced four quarters of consecutive year-over-year percent to 1,097 and sales on Staten Island increased 16 percent to 1,640 decreases since the third quarter of 2009. The approximately $1 billion in the second quarter of 2018.
    [Show full text]
  • CITIZENS COMMITTEE for NEW YORK CITY 2020 Annual Report
    CITIZENS COMMITTEE FOR NEW YORK CITY 2020 Annual Report CitizensNYC We are ALL IN for New York City #Allin4NYC 30 East 125th Street, #189 | 212 989 0909 | citizensnyc.org New York, NY 10035 A LETTER FROM OUR CEO On March 16, 2020 I had the profound privilege of 0 taking on the role of CEO at CitizensNYC. In a year like no other I’ve seen how the citizens of this city continue to fill in the gaps, often where federal and state institutions fall short. We are a village of small business owners, activists, artists, and community gatekeepers improving New York City neighborhoods, and in this moment of crisis we believe we as a city must trust grassroots leaders, support them, and give them the right platforms to thrive. 2 Think about what access to food and water— necessities that many of us take for granted, even in a pandemic—looks like in a community that was already struggling before COVID-19 invaded our neighborhoods. In response, CitizensNYC quickly mobilized its resources to focus on the immediate needs of struggling New Yorkers. We established two unrestricted grant programs focusing on the city’s hardest-hit communities, with an emphasis on keeping 0 struggling businesses afloat, and meeting urgent community needs such as access to food, water, and financial resources. As one of the nation’s oldest micro-funding organizations, CitizensNYC provides support to community leaders on the front lines of change in their own neighborhoods. But we’re so much more than grantmakers. Most importantly, we are a communications platform for those whose voices are 2 often drowned out—or who never got a chance to speak at all.
    [Show full text]
  • FY2022 Assessment Roll Guidelines
    FY' 2022 Guidelines for Properties Valued Based on the Income Approach, Including Office Buildings, Retail, and Residential Properties Prepared by the Property Division Sherif Soliman, Commissioner Michael Hyman, First Deputy Commissioner Timothy Sheares, Deputy Commissioner Carmela Quintos, Assistant Commissioner Special Thanks to Property Modeling and Research Group For Assessment Roll Published on January 15, 2021 TABLE OF CONTENTS Guidelines Category Page Trophy Offices 3 Manhattan Class A Offices 4 Manhattan Class B Offices 7 Manhattan Other Offices 11 Offices in Boroughs Outside Manhattan 14 Public & Private Schools 17 Retail in Manhattan South of 125th St and Downtown Brooklyn 19 Retail in Manhattan North of 125th St and Boroughs Outside Manhattan 29 Factories, Warehouses & Self Storage Facilities 34 Parking/Repair Garages 37 Apartment Buildings > 10 Units, Including Cooperatives and Condominiums 40 Hotels 46 Income and Expense Trend Factors 49 Apartment Buildings < 11 Units Including Cooperatives and Condominiums 51 2 Trophy Office Buildings Midtown Trophy Buildings Vacancy Effective Low Median High Rate Tax Rate Income $69.97 $82.35 $91.48 Expense $31.65 $36.13 $39.35 Expense Ratio 45% 44% 43% Cap Rate 7.51% 7.50% 7.50% Approximate Market Value Range $311 $375 $423 16.43% 4.812% Bcat/Subcat O031 Downtown Trophy Buildings Vacancy Effective Low Median High Rate Tax Rate Income $39.03 $44.42 $53.02 Expense $19.70 $21.88 $25.27 Expense Ratio 50% 49% 48% Cap Rate 8.70% 8.69% 8.68% Approximate Market Value Range $143 $167 $206 16.43% 4.812% Bcat/Subcat O030 Income = Gross Income per sq.ft.
    [Show full text]
  • Bay Ridge Flats Anchorage Not for Navigational Use - Please Refrence Noaa Chart 12334
    Sandy Hook Pilots New York - New Jersey Harbor Hudson River, East River & Long Island Sound 2014 Tide Tables NOTICE THIS PUBLICATION CONTAINS TIDE AND/OR TIDAL CURRENT PREDICTIONS AND ASSOCIATED INFORMATION PRODUCED BY ANDOBTAINED FROM THE DEPARTMENT OFCOMMERCE, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION (NOAA), NATIONAL OCEAN SERVICE. THESE PREDICTIONS ARE RECEIVED PRIOR TO OCTOBER OF THE PREVIOUS YEAR AND ARE SUBJECT TO REVISION BY NOAA WITHOUT NOTICE. TIDES MAY VARY WITH WEATHER CONDITIONS. ALL OTHER INFORMATION CONTAINED IN THIS PUBLICATION IS OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE. WE DISCLAIM LIABILITY FOR ANY MISTAKES OR OMISSIONS IN ANY OF THE INFORMATION CONTAINED HEREIN. THE TIME OF TIDES SET FORTH IN THESE TABLES IS GIVEN AT EASTERN STANDARD TIME. PLEASE NOTE: SLACK WATER TIMES ARE AN ESTIMATE BASED ON PILOT OBSERVATIONS AND THEIR ACCURACY CANNOT BE GUARANTEED. Compliments of THE UNITED NEW YORK SAND HOOK PILOTS BENEVOLENT ASSOCIATION and THE UNITED NEW JERSEY SANDY HOOK PILOTS BENEVOLENT ASSOCIATION 201 Edgewater Street Staten Island, N.Y. 10305 www.sandyhookpilots.com Masters or Agents are requested to advise Pilots of any change in arrival time 12 hours in advance. New York Pilots.............................................................. 718.448.3900 New Jersey Pilots.......................................................... 718.448.3900 Hell Gate Pilots.............................................................. 718.448.3900 Long Island Sound Pilots.............................................. 718.448.3900
    [Show full text]
  • Brooklyn Staten Island Queens
    Metro North Ludlow Tibbets Brook Park Yonkers N Columbus Yonkers Raceway W Lincoln Riverdale Broadway Metro North Wilson Mt.Vernon West Mt Vernon Woods Lower Manhattan & Downtown Brooklyn -- Subway and Streets Mt. St. Vincent Metro North College Mt. Vernon East Park 9th W 261 St W 263 St Kimball Feeney Metro North Park W14 4 Pelham 8th Av F N R W13 1 5 2 V Q W South County Trailway 7th Av 6 GreenwichL Abbot 3 Delafield Palisade Liebig Gansevoort D Tyndall Fieldstone Gramercy LIRR Spencer Huxley Huguenot W4 Independence McLean Horatio 6thB Av Park Long Island W 259 St E 23 E 243 St N Jane City Ash NORTH Metro W 3rd Netherland E 242 St 4th Metro North Beechwood RIVERDALE S 5th W12 5th Av Park North Wakefield Penfield E 21 Box Riverdale W 256 St Faraday E 241 St MOUNT Cemetery Bethune A Union Riverdale E 240 St St Ouen GREENWICH PATH W 256 St y VERNON Memorial Irving Clay Murdock Square W 254 St w Hudson Bank C Cranford Field VILLAGE Dupont k Commercial 2 Seton P Monticello Mosholu Av Fieldstone Hill Perry Valles E W 10 Sylvan Post Bullard E 14th Riverdale W 254 St n E 241 St Bronx E 241 St River Eagle o WOODLAWN Carpenter Charles Park Matilda W 10 W 9 E 20 Sycamore s E 240 St E 239 St 4th Av 4th Richardson Hutchinson Hudson River Greenway d Freeman H u E 239 St Nereid 1st Av Blackstone e H Vireo Field Christopher W University nry E 238 St Wilder Manhattan Independence DeReimer Martha Nereid Bedford 8 Oneida Katonah Edson Franklin E 237 St 5 East Grace Kepler W Sanford Waverly West Bleecker Post y Bruner Wave Hill Napier E 236 St Environm.
    [Show full text]