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At least one dot-com had a good week.


CityRealty.com, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City's residential real estate exchange, recently announced that its website reported unprecedented usage for the week starting Feb. 28.

This is particularly noteworthy considering that the extreme volatility in the stock markets has slowed the pace of sales and rentals in Manhattan Manhattan, indigenous people of North America
Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages).
. CityRealty's strength in these difficult economic times is due to the unique services it provides to brokers, apartment buyers, and renters in the City. As a site which allows brokers to search for and contact buyers and renters who have anonymously 'listed' themselves, CityRealty decreases the time and expense associated with funding pre-qualified buyers and renters. In turn, buyers and renters arc continually con·tin·u·al  
adj.
1. Recurring regularly or frequently: the continual need to pay the mortgage.

2.
 updated with new listings that match their specific criteria. With the recent stock market downturn Downturn

The transition point between a rising, expanding economy to a falling, contracting one.


downturn

A decline in security prices or economic activity following a period of rising or stable prices or activity.
, CityRealty's services have proved to be invaluable to brokers who may now have greater difficulty finding pre-qualified buyers for their apartments.

For the week ending March 4, CityRealty.com was visited by more than unique 22,000 apartment buyers and renters. CityRealty.com has developed individual websites for more than 1,000 of New York's top apartment buildings. Each building's web page provides detailed information on the building, including detailed reviews, customized maps, color photos, pros and cons pros and cons
Noun, pl

the advantages and disadvantages of a situation [Latin pro for + con(tra) against]
, ratings, links to peer buildings, and recent listing information.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 21, 2001
Words:211
Previous Article:Telecommunications explosion requires new breed of broker.
Next Article:Internet transforms the way residential landlords do business.
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