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Introduction / Latest Articles

Hot off the presses comes the most recent articles from print and the web featuring Halstead Property. Below you will see a list of articles from the last seven days that feature everything from our exclusive properties, award winning agents, comprehensive market reports, superior services and much more. To view the full details of a specific article below, simply click on the title of the article. To view more of our recent press please use some of the options that appear on the left side of this page.

WestPort NewsFor Sale Homefront-Row Seats For The Fireworks

Skies over the Fairfield and Westport waterfronts will be illuminated with fireworks celebrating the Independence Day holiday tonight, weather permitting. In Fairfield, the pyrotechnics start about 9:15 p.m. from a barge in Long Island Sound so the display will be visible from both Jennings and Penfield beaches. In Westport, the sky show starts around 9 p.m. over Compo Beach. Rain dates for the fireworks are Saturday in Fairfield and Monday in Westport. Residents of waterfront properties in either town, however, can stay put rather than fight traffic and crowds for a prime viewing spot. They won’t have to move from the comfort of their own front...
WestPort News - Thursday, July 02, 2015

New York TimesAverage Home Price In Manhattan Reaches 1 87 Million A New High

After flirting with records for more than a year, the average sales price of a Manhattan apartment hit a new high in the second quarter, according to at least two reports to be released on Wednesday by major real estate brokerage firms. A strong local economy, combined with high demand and not enough listings, pushed the average sales price up 11 percent, to $1.87 million, compared with the same period in 2014, surpassing the previous peak of $1.77 million reached in the first quarter of last year, according to Jonathan J. Miller, the president of the appraisal firm Miller Samuel and the author of a report for Douglas Elliman...
New York Times - Wednesday, July 01, 2015

The Real DealManhattan's Average Sales Price Hits A Record 1 8M

Manhattan apartment prices soared during the second quarter, breaking records across the board, according to a new report from Douglas Elliman and Miller Samuel. The average sales price for all apartments topped $1.87 million, a new record, the report found. In the new development segment of the market, prices exceeded $2,000 per square foot for the first time ever, achieving an average sales price of $2,011 per square foot. “The records had records,” said Jonathan Miller, president of Miller Samuel and author of the report. During the second quarter, the median sales price rose 7.7 percent to $980,000, the second-highest price Miller has recorded to date, and...
The Real Deal - Wednesday, July 01, 2015

Real Estate WeeklyLow Supply Keeping Prices High As Q2 15 Closes

Spurred on by the familiar driver that is a dearth of supply, Manhattan’s residential market is still sustaining significant price points. According to Halstead Property’s Second Quarter 2015 market summary, an apartment in the borough currently costs in excess of $1.8M on average. Though this is a subtle descent from the first quarter’s record level, it still sits eight percent higher than the middle ground of June 2014. The median price, which is 6 percent higher than last year’s second quarter, is $955,000. Co-Ops, not surprisingly, bring the overall numbers down with condos commanding significantly more when standing on their own. Becoming the proud owner of...
Real Estate Weekly - Wednesday, July 01, 2015

DNAinfoMap 10 New Residential Buildings Coming To Dekalb Avenue

BEDFORD-STUYVESANT — As Bed-Stuy’s Bedford Avenue turns into "condo canyon," DeKalb Avenue is also becoming a hotbed for development. At least 10 new residential buildings are set to rise along a four-block strip of DeKalb Avenue, meeting the demand for more modern units in the neighborhood’s northern section, according to area brokers. A large stretch of the avenue in Bed-Stuy is in proximity to the G and J trains and is zoned to allow buildings up to seven stories high. Such features make the thoroughfare an attractive option to developers, said real estate firm TerraCRG’s Matt Cosentino. “Most importantly, it’s really just opportunity,” said Cosentino, vice president...
DNAinfo - Wednesday, July 01, 2015