The Queens third-quarter housing numbers are in, and the borough has joined Brooklyn in a slide. Prices and sales dropped annually.
The $400,000 median home sales price was 11.4 percent less than it was a year ago, and was also down from the second quarter of 2008, according to the report by Miller Samuel and Read More
The credit crunch is hitting Spanish real estate firm Renta Corporación hard, and the company’s ill-timed 2007 expansion into New York City has cost Renta several properties in Manhattan, including the fabled Forbes building at 60 Fifth Avenue. According to Crain’s, the firm has closed on just one building out of six that it Read More
The Real Estate Board of New York held a luncheon at the Sheraton in midtown today, with members of a panel stacked with CEOs coming to a general consensus that the market’s temperature has dropped substantially from the searing hot days of early 2007.
That concept is hardly shocking for anyone who’s picked up Read More
