Articles Archive for 1 March 2013
By Highlyann Krasnow,
Take a look at what New York City new developments have sold well recently and what rental buildings have low vacancies.
Compare these buildings to developments that are struggling to find buyers or rentals with slow leasing momentum. What are the differences between them?
The best-performing buildings have well-thought layouts, sustainable finishes and amenities that help sell or rent the residence.
Truthfully, the success of a new development is pre-determined during the initial planning and designing stages.
By Dottie Herman, president & CEO,
Douglas Elliman Real Estate
Real estate professionals are no longer chained to their desks and computers. Listing inventory is no longer kept in file cabinets, but can be accessible from anywhere through smart phones and iPads. Social media has created an entirely new medium to communicate with clients and prospects, replacing cold calls and letter campaigns. Moreover, our industry has become increasingly more visual with shelter magazine quality images that are shared through sites like Pinterest and Instagram. Luxury real estate has become a global phenomenon with clients accessing information 24/7 through a wide variety of platforms.