GovernorARNOLD
New Member
whats the website equivalent to mls.ca in New York. The market has crashed there and it might be time for some easy pickings!
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NYC mls
- Thread starter GovernorARNOLD
- Start date
RJR123
Active Member
Where did you hear that the NYC property market had crashed? If you're looking for bargain properties, I wouldn't suggest starting in New York.
an article in the Globe mentioned that the planned conversion of the Woolworth Building to residential condos has been canceled, and that the building will now simply be renovated for office space again, because there are too many condos on the market in Manhattan while office space is in great demand.
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RJR123
Active Member
Yes, the supply is quite high there but I don't think it's "crashed." Either that, or the New York Times Real Estate section is printing the wrong prices!
AndreaPalladio
Senior Member
That apartment conversion was planned during the dot-com bubble, and then was cancelled after the bust and September 11. Essentially nothing changed from say 1998 to now. The are going to renovate the existing office space to be better space, because that commands higher rents right now. Which does not mean that apartments in New York are suddenly cheap - only that offices in that area are more expensive.
H
Hydrogen
Guest
There are plenty of New Yorkers comuting by train between Philadelphia and NY City to get cheaper homes. That's just how "crashed" the New York market is.
RJR123
Active Member
Yeah, the concept of going bargain hunting for property in NYC is pretty funny!
ganjavih
Senior Member
Apparently, the value of real estate in NYC (outside of Manhattan) has been dipping recently.
GovernorARNOLD
New Member
So does anyone know the mls like address for NYC?
AndreaPalladio
Senior Member
You might want to google for it.
RJR123
Active Member
This was a tough one, but I found the website you're looking for!! Wait for it....it's www.mls.com