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By Thornton McEnery 8/30/11 6:06pm

apartments

The ghost of Durst hangs over this planned gut renovation

The Fact Alleged Murderer Robert Durst Owned Your Penthouse Is Actually the Least of Your Problems

As The Times reported yesterday, it is looking less and less likely that one couple will be able to carry through with their plan to demolish and rebuild their Riverside Drive penthouse, which makes The Observer sympathetic, as one of the previous owners was NYC real estate scion, suspected multiple murderer and movie star Robert Durst.

Durst lived in the penthouse with his former wife Kathleen, who disappeared in 1982, leaving many to speculate that Durst was behind some kind of foul play, making the site of their tragic marriage a place that one would want to change, regardless of the spectacular views. Read More

By Pamela Engel 7/14/11 11:43am

apartments

The Edge, a rendering.

Williamsburg, Greenpoint Home Sales Jump—Why?

Surprise, surprise—the new Douglas Elliman and Miller Samuel report shows that North Brooklyn home sales have more than tripled during the past year, which is just further evidence of expansion in an area that’s growing in popularity with the young people.

Sales in North Brooklyn, which includes Williamsburg and Greenpoint, went from 127 units at this time last year to 402 units in the second quarter of 2011, a significant increase that could partly be attributed to trendy new condo development The Edge. The complex has 565 units and, according to its website, is more than 50 percent sold. Read More

By Pamela Engel 7/14/11 9:02am

apartments

Get out of my way!

Plenty of Brooklyn Apartments For Sale

It would seem by a new report that there are either (a) a lot of people leaving Brooklyn; or (b) a lot of opportunities to move to Brooklyn. It’s got to be (b), right?

The number of homes offered for sale in the BroBo paradise jumped 11.5 percent annually in the second quarter, according to a new report from Douglas Elliman and Miller Samuel, and the average number of days spent on the market hit 142 days, up from 103 days during the same time last year.

More apartments and brownstones gone wanting? For a month-plus longer than last year? What gives? Read More

By Pamela Engel 7/08/11 11:19am

apartments

They all look the same, really.

We All Pay the Same Manhattan Rents Now

As it turns out, we’re all screwed (except uptown)—the latest second-quarter data from Douglas Elliman and Miller Samuel shows there isn’t much discrepancy between rents on the East Side, West Side and downtown in Manhattan. And the net rates just keep on rising. Read More