Results tagged “halsteadproperty”

Manhattan real estate sales set a record in the fourth quarter of 2007, with residential sales averaging out to be $1.4 million (according to data from Prudential Douglas Elliman), an increase of 17.6% over 2006's fourth quarter. However impressive that statistic is, the growth was primarily driven by super high-end sales of at least $10 million.

Sure, there are worries about the credit market and subprime mortgage situation, but real estate brokerages around the city are basking in good news: Third-quarter Manhattan apartment closings were at the highest average price ever and home inventory tightened as well.

No, seriously-- check this photo I'm Not Saying just sent in:

The practices that condos have adopted range from requiring extensive application packages that include a stack of reference letters and even a board interview, to strict house rules that ban open houses or limit pet ownership.

If it's April, it's time to get quarterly real estate data. The NY Times reports that the "prices and number of apartments selling in Manhattan rose" during the beginning of the year. Brown Harris Stevens and Halstead Property say sales were up 12% versus 2006's 4th quarter. And in an amusing example of how different data can be, BHS and HP say prices rose 6%, but Prudential Douglas Elliman says prices rose 5.4% and Corcoran says they rose 12%.

It's possibly the most famous couple to sue over bed bugs: Saturday Night Live star Maya Rudolph and auteur Paul Thomas Anderson claim that their SoHo rental was infested with the vermin and are now suing Halstead Property and the owner, Francis Feeney! They were paying $13,500/month for a Greene Street loft (plus two months' rent, security deposit, broker's fee), but found themselves (and their baby!) bitten. Ew. The exterminator told them they would have to move out for a couple weeks, and the family hasn't been back since.