In remembrance of Christo and Jeanne-Claude’s “The Gates,” an art installation erected in NYC’s Central Park in February 2005.
The series of 7,503 gates extended 23 miles along the pathways in Central Park, flowing like a tangerine-colored stream and enlivening the bare winter landscape with their free-hanging saffron-colored fabric panels.
Whether you should buy or rent in NYC depends upon how much money you have, what building you are buying into, and how long you plan to own the property.
StreetEasy developed a “tipping point” metric that approximates the number of years it would take for the costs of owning a home to equal the costs of renting a comparable one in the same area.
About half of the apartments on the market for rent in Manhattan are “no-fee” which means that you do not have to pay the traditional broker’s fee, which is 15% of the annual rent.
Closing costs for buying an apartment in NYC is approximately 2% to 4% of the purchase price. Closing costs for selling an apartment in NYC is approximately 8% to 10% of the purchase price. The general costs associated with the purchase or sale of a condominium or co-op apartment in NYC is provided by DwellingsNYC.
There are hundreds of Art Deco buildings of all types in New York City; the majority of them were built in the 20s and 30s.
Four of the Top 5 Art Deco-designed residential buildings in NYC are on Central Park West. Central Park West is the most architecturally distinct area in NYC.
Manhattan’s finest residential Beaux-Arts confections are located on the Upper West Side. Heavily adorned with sculptural enrichments, their distinct styles are eloquently expressive.
For the first time, the average sales price of an apartment in Manhattan tops $2 million. An increase in condominium sales valued at $10 million or more elevated the average.
According to Reuters, apartment sales prices in Manhattan have nearly doubled over the past decade but prices are leveling off and this is expected to continue in 2017.