Tribeca Property

Tonight officially kicks off the 2008 Tribeca Film Festival with the feature premiere of Baby Mama, the Tina Fey and Amy Poehler comedy.  Since film is not my expertise, rather than provide summaries or suggestions on films to go see, I’m going to focus on the numbers behind the festival, including what it means to […]

[Read more →]

The Sanitation Department reported Monday the neighborhood with the highest amount of trash that was recycled this past fiscal year ending June 2007.  And the winner is…. Tribeca!  Tribeca recycled 27.9% of their trash beating out close contenders Park Slope and parts of Carroll Gardens (27.1%).
The lowest was the Mott Haven section of the Bronx […]

[Read more →]

Although almost entirely surrounded by construction at the corners of Chambers and West Broadway, Reade and West Broadway and Hudson Street entirely from Chambers to Reade, the James Bogardus viewing garden is a beacon of calm amongst a circle of chaos.  The flowers are in full bloom and the garden seems to have been meticulously […]

[Read more →]

As more premium buildings are introduced into the rental supply, rental prices continue to rise.  Overall the Manhattan apartment rents climbed 5.5 percent in 2007.  Tribeca is no different as new high rises such as 200 Chambers introduced additional units into the rental market. 
A Tribeca studio rents for an average of $2,790 for approximately 575 […]

[Read more →]

 Manhattan has been quite resilient when it comes to the residential housing market, so to keep things interesting, I decided to take the south Florida foreclosure heat map and place alongside the downtown Manhattan foreclosure heat map.  As you may have guessed, red is not the color you want to see!  Tribeca (and most of […]

[Read more →]

The numbers are in for the 1st Quarter and it’s clear that the Manhattan market is off the heated pace of last year.  The venerable Jonathan Miller released his report today and indicated that sales were off 34% compared to the prior year quarter.  Several of the other brokerages claimed that sales were off only […]

[Read more →]

After coming off an active February, Tribeca contract signed activity slowed in March to 30 contracts signed, off of last year’s March total of 45.  Almost 70% of all Tribeca contracts signed were in the $3 million dollar or less category.  The most active price range was the $2 million to $2.99 million range, accounting […]

[Read more →]