Ross Ellis' Blog

Halstead Property has just issued its 2Q14 Residential Manhattan Market Report showing that Manhattan apartment prices averaged $1.7 million in the second quarter, virtually unchanged from the first quarter’s record level, and 19% higher than a year ago.   Prices were kept elevated by a booming n...

The kids are grown and living on their own. Empty nester parents are rambling around their large homes or apartments with space they no longer need and starting to think about their next phase in life. More and more are thinking of spending that next phase by unloading their large family homes in...

If you live in Manhattan you already know about NY Restaurant Week. If you're new to Manhattan or thinking about relocating to this great city, New York Restaurant Week is definitely something you want to know about! Every year, twice a year, New Yorkers and those visiting Manhattan get the oppor...

According to Greg Heym, Halstead Property's Chief Economist: One year ago, pending tax law changes led to a dramatic rush of high-end closings in 2012’s fourth quarter.  This included 14 sales of at least $20 million, 2 of which were at least $50 million.  This year’s fourth quarter did not see ...

One hears the name Sutton Place and they immediately think of pre-war charm, Emery Roth, and the Silk Stocking District. Sutton Place was originally one of several disconnected stretches of Avenue A, where space allowed, east of First Avenue. Effingham B. Sutton constructed a group of brownstone...

12/08/2013 11:06:19 With the holidays upon us, it's a time to give gifts to our loved ones, friends and customers.   We buy gifts for our loved ones but how often do we remember those in need who we could all MAKE A DIFFERENCE for?  There are wonderful groups doing important work whose donations ...

12/05/2013   7:04:39 PM   This is a repost from my Annual Manhattan Tipping Guide.     The holiday season is here and it's time to start thinking about tipping for services in our apartment buildings. For those living in Manhattan, holiday tipping is the norm and can seem endless. While it's impo...

Holiday Giving With the holidays upon us, it's a time to give gifts to our loved ones, friends and customers. In a volatile economy gift buying could decrease for some. And at the same time there are wonderful groups doing important work whose donations are suffering. This holiday season, rather...

When Halstead Property's own Ross Ellis (pictured to the right of Nick Cannon above) is not busy helping adults find homes as an agent at our East Side Office, she donates her time to help children as the founder and CEO of STOMP Out Bullying™. STOMP Out is the leading national anti-bullying and...

  Manhattan Apartment Inventory Remains Lower Than 2011 Levels • For the week ending June 22nd, there were 7,117 apartments available for sale in Manhattan, 13% fewer than at the same time in 2011. At the current pace of sales, that represents a 7.8 month supply of apartments, consistent with a h...