Second Time’s the Charm

July 15, 2009

It’s hard to top the penthouse at the Plaza, with its 100-year-old history, ambience of an older New York and a location on Fifth Avenue facing Central Park. In these times, it’s even harder to contemplate having the net wealth to be able to purchase the Plaza’s penthouse for $53.5 million early last year only [...]

The Montauk Manor—Offerings with ocean views

January 7, 2009

Remarkably sited above the village of Montauk, Montauk Manor rests on nine lushly landscaped acres and provides panoramic views of the ocean, bays and hills. Originally built in 1927 as a luxury hotel by industrialist Carl Fisher, Montauk Manor is considered the crown jewel of Montauk. Designed by the architectural firm of Schultze and Weaver, [...]

Brown Harris Stevens Posts 4th Quarter Manhattan Residential Report

January 6, 2009

Brown Harris Stevens published the 4th Quarter Manhattan Residential Market Report. According to the report, the average apartment price of $1,449,621 was up slightly from a year ago, but down 2% from the previous quarter. While the number of closings decreased by 9% compared to the same period a year ago, both the average and [...]