Why the Upper West Side may be your best investment

Study Finds Upper West Side Is A Magnet For Real Estate Investors

By: Jill Urban

 

More than any other neighborhood in Manhattan, the Upper West Side is attracting real estate investors at a breakneck pace, according to a new report by Eastern Consolidated.

 

More than any other neighborhood in Manhattan, the Upper West Side is attracting real estate investors at a breakneck pace, according to a new report by Eastern Consolidated. NY1's Real Estate reporter Jill Urban filed the following report.
There is little question that investors regard New York City as a safe place to put their money, but a new report by Barbara Byrne Denham, the chief economist of Eastern Consolidated, finds that one neighborhood in particular — the Upper West Side — is proving to be an investor magnet.

Read the full story here:

http://www.ny1.com/content/ny1_living/real_estate/179230/study-finds-upper-west-side-is-a-magnet-for-real-estate-investors

More Sandy aftermath assesements

Sandy changing the way New Yorkers look for homes

9:00 am, November 22, 2012

By Holly Dutton

The Centurion

In the aftermath of Sandy, the term evacuation zone has replaced schools and parks at the top of New York apartment hunters wish list, according to brokers.
“People will now ask things like, what zone is this in?” said David Maundrell, founder of Brooklyn-based real estate brokerage firm and website aptsandlofts.com, which features listing in Manhattan, Brooklyn and Queens.
“This is just something New Yorkers didn’t think about before, even though we’d been warned. This is something that will be with us for a very long time.”
Waterfront property has always been a coveted asset in real estate, not just in Manhattan, but worldwide.
Read full story here: http://www.rew-online.com/2012/11/22/sandy-changing-the-way-new-yorkers-look-for-homes/