Luxury Condominiums Blog

New Quarterly Report From Brown Harris Stevens

New York City’s economic recovery gathered momentum during the second quarter of 2010, as the unemployment rate fell for the fifth consecutive month in May.  For the second straight month, the city’s unemployment rate was lower than the nation’s.  Perhaps the most encouraging statistic in May’s report was the fact that the city’s workforce, which includes those employed... [Read more...]

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US Senate Approves Extension Of Home Buyer Tax Credit

WASHINGTON -(Dow Jones)- The U.S. Senate voted Wednesday to approve an extension of a tax credit for homebuyers as lawmakers continue to debate a wide- ranging bill of tax policy extensions and federal program renewals. The measure was backed by Senate Majority Leader Harry Reid (D., Nev.), whose state has been among the hardest hit by the housing crisis over the last three years. Reid, who is seeking... [Read more...]

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New York City gets the Super Bowl!

I wouldn’t be a true new Yorker if i didn’t cheer a little about the Super Bowl coming here in 2014. Wow!  That is excellent. Hurry up and get your tickets.  Can you imagine how much that will help the NYC economy, not to mention the real estate market?!! From what I understand, NYC stands to see somewhere in the range of $700 Million in revenues from the event.  With the trickle... [Read more...]

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