Is that a Bulldozer I hear?

NEW YORK CITY real estate is a canvas that is never quite finished — its landscape and skyline are constantly being redrawn.

So even though the real estate market is flat, older buildings continue to be demolished, new foundations continue to be dug and new buildings continue to rise. Finding out, though, what the hole in the ground across the street is to become is not always easy. Sometimes homeowners don’t discover that the four-story building next door has been sold to a developer with high-rise plans until a demolition crew arrives with a backhoe.

But for anyone trying to buy or sell an apartment near a development site, knowing what’s being built is a must, since property values can be affected. Public records and real estate Web sites can reveal a great deal of information. Real estate blogs sometimes trade in rumor, but they can also offer reliable research conducted by real estate-obsessed New Yorkers across the city.


Its impossible to know if the apartment you buy today will have the same view years down the road but....working with an experienced broker will help to provide you with all the available information you need to make an intelligent decision.