Showing posts with label nyc real estate website. Show all posts
Showing posts with label nyc real estate website. Show all posts

Aug 19, 2013

Zillow to Buy StreetEasy for $50 million

Zillow the national real estate website will purchase StreetEasy the local NYC real estate website for $50 million. Zillow is a national website, like most national real estate websites they have never been able to cover accurately the unique New York city real estate market.

Unlike the rest of the country, 70% of  Manhattan's housing stock is in cooperative apartments. Coops are rarely understood by outsiders and new comers to New York. In my opinion, websites such as Zillow, Trulia and others do not accurately list most properties in Manhattan because their website listing data does not include the monthly maintenance or common charges and real estate tax (RET) associated with NYC coops and condos both crucial elements and considerations when purchasing an apartment in NYC.

StreetEasy:     Today's Announcement from Zillow

Dear Mitchell Hall,

As a valued member of our StreetEasy community, I wanted to be the first to tell you that Zillow just announced its entry into an agreement to acquire StreetEasy.

We are very excited about this new relationship. Zillow recognizes the strength of our product and brand, and our passion for helping real estate agents and brokerages. StreetEasy will continue to operate as usual with an unflinching passion for data integrity, a deep focus on the consumer experience, and a genuine dedication to support and nurture the relationships we have developed with the brokerage community in our city.

Zillow is committed to growing and supporting StreetEasy, so you can expect the same level of quality and integrity in our site and services that you have enjoyed from us over the years.

We are excited about this new phase in our evolution and confident that it will enable us to make StreetEasy even better for consumers, agents, and brokerages. Click here to view the full press release, which just went out a few moments ago.

Michael Smith


Web Analytics


This site and its feeds are owned and operated by Mitchell Hall, a NY State licensed real estate associate broker associated with The Corcoran Group and member of the Real Estate Board of New York.

Legal Disclaimer - The opinions expressed here are those of the authors and do not neccessarily reflect the opinions or policy of The Corcoran Group. This site is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any product and/or services offered for sale on this website shall not be considered an offer to sell such goods and/or services in any state other than New York.

Legal Disclaimer - Information on this site is not intended as legal or financial advice. - All material herein is intended for information purposes only and has been complied from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. I operate a business that supports Fair Housing.“We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program which there are no barriers to obtain housing because of race, color, religion, sex, handicap, familiar status or national origin.”

Copyright 2006 -2013 nyc BLOG estate All Rights Reserved