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

As the spring season approaches, sellers looking to put their apartments on the market should start preparing for an influx of potential buyers.  Spring is typically a busy time in the real estate market, and this spring will be no exception. Platinum’s Sales Director, Melissa True, says: “sellers who were waiting for the prime spring […] The post How Sellers Can Prep Apartments for the Spring Market appeared first on Platinum Properties ..read more

뉴욕 부동산 투자자를 위한 향후 10년 내다보기 – 지난 10년간 주택가치가 가장 많이 상승한 지역은? 역사적인 금리 상승을 보인 몇 년을 보낸 현재 금리 하락이 예상되는 2024년은 뉴욕시의 부동산에 투자하기에 좋은 해 일 수 있습니다. 그러나 뉴욕시의 어떤 지역이 향후 10년 동안 가장 높은 수익을 내게 될지 어떻게 예상할 수 있을까요? 10년 후면 2034년, 꽤나 […] The post 뉴욕 부동산 향후 10년 내다보기 appeared first on Platinum Properties ..read more

Battery Park City is a residential area set along the Hudson River with upscale high-rises. Near the Financial District, Battery Park City, throughout the week it attracts many visitors to delicious restaurants during the day and to entertaining activities at night. On the weekends, it becomes an escape from the energy of the Financial District […] The post Battery Park City Neighborhood Guide appeared first on Platinum Properties ..read more

No matter what your real estate goals are this year, it’s important to stay educated on the state of the market.  With the help of industry experts, including David Rodriguez from LoanDepot and Platinum’s Sales Director, Melissa True – we’re here to keep you up-to-date on all things New York City real estate.  In an […] The post Market Predictions for 2024 appeared first on Platinum Properties ..read more

현재 맨해튼의 부동산 시장은 이중적인 면모를 보이고 있습니다. Gucci와 Prada가 미국의 부동산 재벌 Jeff Sutton에게 기록적인 금액, 약 2조 2천억 원(18억 달러)에 매입한 5th Avenue의 부동산 거래는 이 맨해튼을 대표하는 명품거리가 여전히 높이 평가 받고 있음을 증명합니다. 반대로, 오피스 빌딩과 임대용 멀티패밀리 주택 시장은 높은 공실률과 상승하는 이자율로 어려움을 겪고 있죠.   SoHo, West Village, […] The post 2024 혼돈의 맨해튼 상용 부동산 시장 appeared first on Platinum Properties ..read more

As midnight rolled around on December 31st the New Year resolutions we set for ourselves started to take action. Many people struggle to figure out what to set as their New Year’s resolution – but we’re here to help. Focusing on one of our five core values, “health, then wealth,” here are some of Platinum’s […] The post Platinum Core Value Spotlight: Health, Then Wealth appeared first on Platinum Properties ..read more