Soaring high on the west side of Manhattan, Hudson Yards isn’t just a neighborhood – it’s a glittering new chapter in the city’s ever-evolving story. This ambitious development has transformed a once-industrial area into a vibrant hub, pulsating with energy and offering a unique blend of urban excitement and modern luxury. Restaurants Casa Dani Casa […] The post Hudson Yards Neighborhood Guide appeared first on Platinum Properties ..read more

The BPC Report: 2Q2024 Download HERE Sales: • Units sold in BPC increased 129% YoY. • Studios showed the strongest growth in units sold, up 700% YoY. • The average price was $1,435,924 – a 10% increase QoQ and flat YoY. Rentals: • The average rent in BPC was $6,328 – representing a 10% increase […] The post The BPC Report 2Q2024 appeared first on Platinum Properties ..read more

The FIDI Report: 2Q2024 Download HERE Sales: • The average price in Q2 was $1,261,283, up 22% QoQ and down 12% YoY. • 3BR+ units saw the largest gain in average price with a 22% increase YoY. • Two-bedrooms saw the largest uptick in overall transactions, up 133% QoQ. Rentals: • Average 3BR+ rent landed […] The post The FIDI Report 2Q2024 appeared first on Platinum Properties ..read more

Hell’s Kitchen, a dynamic and storied neighborhood in Midtown Manhattan, is a vibrant community known for its rich history, diverse dining options, and bustling arts scene. Bounded by 34th Street to the south, 59th Street to the north, Eighth Avenue to the east, and the Hudson River to the west, Hell’s Kitchen offers a unique […] The post Hell’s Kitchen Neighborhood Guide appeared first on Platinum Properties ..read more

Deals are dying that didn’t die before – but why? The short answer: SWARMP. SWARP has always existed, but it’s recently become a bigger issue in New York City following the Surfside, Miami condominium collapse in 2021. A contributing factor under investigation for the Surfside collapse is the lack of maintenance done in the building […] The post What is SWARMP and Why Should You Care About It?  appeared first on Platinum Properties ..read more

Nestled in the heart of downtown Manhattan, Tribeca is a vibrant and fashionable neighborhood known for its historic buildings, trendy boutiques, and world-class dining scene. With its cobblestone streets and chic loft apartments, Tribeca has become a thriving cultural hub, attracting artists, celebrities, and young professionals alike. Home to the annual Tribeca Film Festival, this […] The post Tribeca Neighborhood Guide appeared first on Platinum Properties ..read more

If you’re thinking about buying an apartment in New York City, you may already know that inventory is limited right now.  Due to higher mortgage rates, we are seeing what is called the “lock-in effect,” where homeowners are unwilling to sell their own homes because they are unlikely to match their current interest rate should […] The post How Buyers Can Win in Today’s Market appeared first on Platinum Properties ..read more

The West Village is a charming neighborhood in Manhattan known for its picturesque tree-lined streets, historic brownstone buildings, and trendy restaurants and boutiques. The area has a bohemian feel with its mix of upscale dining spots, cozy cafes, and lively bars. It also boasts beautiful parks and waterfront views along the Hudson River. With a […] The post West Village Neighborhood Guide appeared first on Platinum Properties ..read more

The BPC Report: 1Q2024 Download HERE Sales: • Units sold in BPC increased 84% YoY. • Two-bedrooms showed the strongest growth in units sold, up 125% YoY. • The average price was $1,586,769 – a 23% increase QoQ and 12% decrease YoY. Rentals: • The average rent in BPC was $5,735 – representing a 5% […] The post The BPC Report 1Q2024 appeared first on Platinum Properties ..read more

The FIDI Report: 1Q2024 Download HERE Sales: • The average price was $1,032,823 in Q4, an 18% decrease QoQ and 15% decrease YoY in Q1. • Three-bedrooms saw the largest gain in average price with a 71% increase YoY. • One-bedrooms saw the largest decrease in average price, down 31% YoY. Rentals: • The average […] The post The FIDI Report 1Q2024 appeared first on Platinum Properties ..read more