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These Long Island Zip Codes Among Top 100 Priciest In Country, New Report Says These Long Island Zip Codes Among Top 100 Priciest In Country, New Report Says
These Long Island Zip Codes Among Top 100 Priciest In Country, New Report Says A number of Long Island locations were listed among the most expensive zip codes in the United States this year based on residential sales, according to a new report. PropertyShark created its 2021 list of the most expensive US zip codes based on residential transactions closed between Jan. 1 and Oct. 22. Two Nassau County zip codes made this year's list. Old Westbury's 11568 was ranked 62nd, with a median sale price of $1,950,000, and Manhasset's 11030 was ranked 96th, with a median sale price of $1,647,000. The following zip codes in Suffolk County were also incl…

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by Nicole Valinote
Real Estate
Median Home Sales Prices Surge On Long Island Median Home Sales Prices Surge On Long Island
Median Home Sales Prices Surge On Long Island A new report reveals median home sales surged on Long island where a quarter of communities saw prices increase 20 percent over a four-year period. The PropertyShark study looked at Long Island's residential sale price evolution between 2014 and 2018, focusing on 108 towns and Census-designated places (CDPs) located in Suffolk and Nassau counties and calculated the median home sale price for each. The analysis considered all residential transactions between Jan.1, 2014, and Dec. 31, 2018. Here are the results: A quarter of all Long Island communities that were analyze…

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by Donna Christopher
Real Estate
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says There has been a mass exodus out of Trump Tower in recent years, making it one of the least desirable luxury properties in Manhattan, according to a new report. Bloomberg News reported this week that the 36-year-old building “has been turned into a fortress,” since Trump took over in the Oval Office, with entrances partially blocked and the president’s name turning off liberals in Manhattan. According to reports, condo owners have been cashing out, with many selling at a 20 percent loss to get out of the building. Less than one percent of homes in Manhattan have sold for a loss in the past …

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by Zak Failla