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Bellmarc Realty

A Window’s Worth

Last Saturday, the Corcoran Group’s Harlem office, at the intersection of Frederick Douglass Boulevard and 120th Street, was closed for the day. Listings for million-dollar townhouses and hundred-thousand-dollar apartments papered the office’s windows, concealing a barren and blacked-out room filled with desks and computer monitors.

Corcoran announced in late January it would shutter the Read More

The Money’s Still Good, But Selling Today Is a Long Haul

At the dawn of 2000, when the idea that the average sales price for a Manhattan apartment could top $1 million was but a glimmer in the eyes of brokers, it took 118 days, on average, to unload a condo. Not anymore. According to appraisal firm Miller Samuel, which prepares a quarterly market report for Read More

Duff Prices Park Avenue Residences; The Ex, Too

In the never-ending child-custody battle between Ronald Perelman and his third wife, Democratic Party cheerleader Patricia Duff, one of the biggest remaining questions seems to be where Ms. Duff will reside.

For months, Ms. Duff and her daughter, Caleigh, have been camping out in an apartment in the Waldorf Towers, at 100 East 50th Street. Mr. Read More

Recent transactions in the real estate market

Upper East Side

1150 Fifth Avenue Two-bed, 1.5-bath, 1,650-square-foot prewar co-op. Asking: $749,000. Selling: $750,000. Maintenance: $1,471; 50 percent tax-deductible. Time on the market: two weeks. IF THEY CAN PAY, THEY CAN STAY "You try to weed out the people who wouldn't be able to pay the maintenance once they bought the apartment," said broker Dianne Read More