Architectural Digest Home Show in NYC this Weekend

Been searching for that perfect fixture or flooring, but just can't seem to find it? Take advantage of Architectural Digest's annual Home Design Show this weekend at Piers 92&94. Open to the public all day Fri, Sat and Sun, for a $30 advanced purchase ticket, you also receive a year's subscription to the magazine! The show will have a variety of lectures and classes, as well as several distinct areas: MADE, celebrating one of a kind independent design; Furniture and Furnishings: where the finest home furniture brands, designers, and dealers present their latest innovations for the home; ReFRESH, the largest collection of luxury and premium kitchen, bath, and building products in North America, and the SHOPS for instant gratification. Tickets & Show Details

2018 Skyline Preview: Super Skyscrapers to Change Manhattan Skyline

City Realty made the rendering above, providing us an idea of what the city will look like in 2018 based on projections for buildings currently being planned or already in construction. The photo illustrates a NYC skyline 2,500 feet above Central Park. This image focuses on Billionaire's Row, the set of seven sky-high luxury apartment buildings such as One Vanderbilt, 53 W 53rd, 432 Park Avenue, 225 W 57th, and 111 W 57th Street. You click through to the full article to see a few more renderings offering some different perspectives of the area, but the story is the same; Manhattan skyline is changing more dramatically than in decades. Major residential buildings are headed ever more skyward, meaning eventually we'll all be  all living in the clouds. Full Article

What's Trending Now: A Real Estate Guide for Real New Yorkers

Been sitting on the sidelines, waiting for your year? 2015 could be it! Whether buying, selling renting or investing this is a wonderfully comprehensive guide to what the New York Real Estate Market has in store for us all in 2015. Some trends to stay on top of: skyhigh prices are staying around, but may have plateaued for the time being, mortgage rates will continued to stay low, it will remain a seller's market, but with a more reasonable 4% year over year growth expected, while rents will remain as high as ever, rental buildings will continue to be bought and converted to even more lucrative condos, a widening price gap between co-ops and condos may persuade *some* co-ops to loosen restrictive purchasing rules, and landlords and management companies are expected to tighten up on airbnb, even in Condos. Full Article  

Falling Oil=Falling Rates: How Oil Prices Affect Your Mortgage

We all know falling oil means more discretionary spending, with obvious repercussions, but did you ever think that falling oil would mean falling mortgage rates? Most real estate economists have been forecasting mortgage rates will rise in 2015, but the recent steep drop in oil prices could change all that. According to analysts at Bank of America Merrill Lynch, an examination of break-even inflation rates suggests sharply lower oil prices are a key driver of the 90 basis points rally in 10-year Treasurys and the 60 basis points drop in mortgage rates in 2014. "The possibility of further declines in oil prices increases the chances that mortgage rates drop to the 3.25%-3.5% range that we believe is necessary to get housing back to affordable levels for many," says Chris Flannigan, ABS and MBS strategist at Bank of America Merrill Lynch. Full Article

The Fashionable Homes of Fashion's Finest!

With Fashion Week upon New York City once again, we trolled the internet for an inside peak at the personal spaces of some of Fashion's biggest names and found an exceptional gallery of 12 of the most stunning rooms, in some of the most stunning homes in all of fashion. All, like the parlor of President of Marc Jacobs, Robert Duffy's Manhattan brownstone, are to be envied for sure. These insider views are a gift from reporteres at both Elle Decor and Architectural Digest as compiled by Racked in honor of Fashion Week. It includes the living rooms of Cynthia Rowley and Milly designer Michelle Smith, the dining rooms of Christian Louboutin and Trina Turk, the study of Anna Sui, the library of Mark Badgley and James Mischka, Ralph Lauren's kitchen and Nannette Lapore's to die for closet to name a few! Have fun peeping, and for more follow the links to the original full house tours on both Elle Decor and Architectural Digest! Designer Homes