Real Estate Wire: Nearly a Quarter of NYC Apartments Aren’t Primary Residences; How Expensive Is Your Neighborhood?

Posted On Fri, January 9, 2015 By

Posted On Fri, January 9, 2015 By In Real Estate Wire

  • Nearly one quarter of the apartments in New York City are not used as primary residences. Instead they serve as either as pieds-à-terre or investment properties that are rented out to tenants. [NYT]
  • How pricey is your neighborhood? This map will give you an idea of how things stack up. [TRD]
  • Jared Kushner’s Kushner Companies has bought four buildings in Astoria for $51M. [TRD]
  • Burglaries in Williamsburg spike as more and more residents leave the doors and windows unlocked. [DNA Info]
  • Greenpointers are worried about the James Corner-designed waterfront park, Newtown Barge Park, now underway. [Curbed]

Images: Manhattan aerial view (left); Price map (right)

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