As previously reported in this blog, 2015 will see approximately 6500 new condos enter the market and according to the real estate industry about half of those apartments will be in the affordable luxury market. This is roughly defined by a price tage of $1700 to $2300 per square foot. So a 1000 to 1100 sqft apartment will come with a price tag of around 2 to 2.5 million depending on floor and views.
Continue reading 301 West 53 street NY,NY 10019 “Affordable” Luxury condos →
Solar power is being harnessed more and more to provide the resources for NYC apartments according to the Real Deal. Governor Cuomo wants to increase usage ten fold by 2023 and plans to back that up with a $1 billion investment. Continue reading Solar power getting used more frequently in NYC buildings →
News about the NYC real estate residential and commercial markets provided and interpreted by an industry veteran licensed since 1999. Brian Silvestry of BSRG Inc. Licensed real estate broker