An Improved Chance Of Getting Housing In New York

New York is one of the best places that people can go to when they want to move to a big city. There are many ways that the market is great for people who want to live in the city but it was difficult in the past to be able to find a housing option that offers everything that you may want in your potential new home. The market, though, is about to go through major changes when it comes to the way that people shop for apartments and other housing options in New York real estate.

There have been countless articles published, but this article from The New York Times, talks about all of the ways that the New York housing market has changed and is going to change in the coming years. You can be sure that you will be able to find something that you love and that suits your budget in New York City in the near future. This is due to the fact that there have been housing options at an all time low and an increase in the number of housing options that are available for residents and potential residents of the city.

If you are going to find a home in New York City, you will need to use a real estate agent like Town Residential. This is a company that will allow you to decide what you want in a home and will give you the opportunity to find what you are looking for in the area of the city that you want. Real estate agents like the ones from Town Residential will be able to find homes that are at better prices than you would be able to find because they have the inside industry experience to get the prices down.

As a real estate agency, Town Residential works with you to ensure that you are getting the best for your home needs. They will take your list of requirements and create a list that they will be looking at for you. By doing this, they will ensure that they give you everything you want in your new home. They can also choose to help you with a budget and will be able to find housing options within your budget, no matter what it is for your home. If you are looking for a real estate agency, Town Residential can help you.

Nobilis Health and Health Care

Nobilis Health is full-service healthcare development and management company. There is a company called Mackie Research Capital that does research. One of the analyst, Russel Stanley who says that there is a healthcare play that can beat the trend that most markets around the world are down a bit. Russel Stanley  of Linked In decided to pick Nobilis Health for Q4 in a report that he was doing for Mackie research for his top pick. Nobilis is in control of ambulatory surgery centers and also surgical hospitals has a history of growing organically. Nobilis Health also has a good history in M&A. A good example of this history is when the company got the first Nobilis Health Hospital in 2014 for 7.5 million dollars. This September, Nobilis Health said that it got a 60% stake and management control of the Freedom Pain Hospital that was in Scottsdale, Arizona. Aside from these instances there are larger scale trends that leads to this analyst supporting Nobilis Health. Russel Stanley thinks that Nobilis Health is not given enough credit where it is due in terms of surgical procedures in a market that is increasingly more of them due to aging and obesity. Nobilis Health has been rated by many analysts as a strong buy. The shares that belong to Nobilis Health were concluded in the red this week while trading. Nobilis Health has a market cap of 354 million, with roughly 67,037,00. Nobilis Health is growing and has recently acquired a new facility. Nobilis Health will use the new building to facilitate it’s growing efforts.

New York: Real Estate Boom Town

The newest reports from the New York City property development inventory are in, and there are items of interest across the board. Whether you are in the market to sell, buy, rent, or lease; whether it is an office, a condo, an apartment, a single family home, or an entire building, in Manhattan or Brooklyn, here is the news you need to know.

In Brooklyn, new development inventory has just seen half of its stock sold already, with only just over 500 apartments remaining for sale. This comes in as the dollar volume of multifamily homes has surpassed 1.7 billion dollars in the month of September.

For Manhattan news, one of the leading firms in New York City  real estate market, Town Residential, reports that sales across Manhattan are up. Town Residential is composed of agents with decades of prior real estate experience, and they have all seen first hand what the trends we are seeing now will mean down the line. The absorption rate in Manhattan dropped to 4.1 months in November, as Midtown and Midtown East paced the market in this decline. These two neighboring neighborhoods saw the most year-to-year decline in new development sales.

Seventy luxury contracts were signed in Manhattan during the first half of the month (priced $4 million and higher), the second best November open in a decade. Total multifamily unit sales grossed over $1.7 billion which is an increase of 97% in volume from the August numbers.

Midtown rents on 5th Avenue in the 40s are increasing, with asking rents up almost 15 percent this quarter. Power players in the market, like luxury residential and office specialists Town Residential, are advising clients to act accordingly in this market which is seeing strong growth as rents increase to over twelve thousand dollars a square foot.

In total, almost twenty-two million square feet of designated office space was signed into lease over the first three quarters of 2015. This is an important development for renters as well, as the increase in total units occupied in a building signals owners to offer more total services.

Thus the report that the third quarter vacancy rate for Manhattan remained hovering just under 9 percent means the market is strong, with no wild jumps in occupancy, despite the rise of the average rent up to over $71 per square foot.