Posts tagged Neighborhood Spotlight
POST COVID: WHERE ARE THE DEALS AND WHERE CAN SELLERS YIELD PROFITS?
POST COVID: WHERE ARE THE DEALS AND WHERE CAN SELLERS YIELD PROFITS?

Which neighborhoods are the most depreciated by Covid? Is anywhere in Manhattan a seller’s market again? Are the greater discounts in the condo or the coop markets?

Clients have been asking me these questions all year and since most official market reports offer only macro-views, we decided to dig beneath the surface to provide intimate snapshots of each major Manhattan neighborhood sub-market and what you can expect in today’s landscape ON THE GROUND.

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Market UpdateJason LanyardLanyard Team at Douglas EllimanNeighborhood Spotlight, Manhattan, Lower East Side, Harlem, Chelsea, Tribeca
Spotlight On: Long Island City
Spotlight On: Long Island City

Long Island City is showing serious signs of life after the COVID-19 pandemic froze the nation’s fastest growing neighborhood over a year ago. LIC has seen one of the most dramatic growth spurts over the last decade, with condominium properties appreciating by over 60% since some of the first condos launched back in 2006. This is especially compelling since as recently as 20 years ago the area was very much a ghost town.

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Neighborhood NewsJason LanyardThe Lanyard Team at Douglas EllimanQueens, Long Island City, Pandemic, Neighborhood Spotlight, MOMA PS1, The Cliffs at LIC, Rock Climbing, Art Gallery, Performance Space, Indoor Climbing, Rentals, Condo, Condop