Bid on the City Press

The Real Deal, January 26, 2010
Manhattan Real Estate Auction Site Launches Hamptons Rental Program
Bid on the City, the online Manhattan real estate auction site, has announced the launch of a Hamptons bidding program for rentals...
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Fox Business, December 29, 2009
A New York City Brownstone for $1?
If you've ever wanted to own property in Manhattan, you may now have a chance. On February 1, Bid on the City is auctioning off at least 13 homes, all of which have starting bids of $1.
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WABC-TV Eyewitness News, December 29, 2009
 
Tonight a more affordable way to buy an apartment and an easier way to sell on in Manhattan. Online auctions, a start-up virtual real estate company is now helping people do just that, getting buyers and seller together.
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Crain's New York Business, December 28, 2009
Who will bid $1 for a Manhattan home?
Next year, at least 13 Manhattan homes, originally priced from $225,000 to $5 million, will be auctioned off at starting bids of just $1. Bid on the City, which operates an eBay-life site for apartment and building sales, will hold the $1 event on Feb. 1.
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Curbed.com, December 21, 2009
Now in Auction Stunts, Bid $1 for a Manhattan Apartment
Bidders, look over here! "Ebay for real estate" Bid on the City let us know that at its February 1 auction, at least 13 apartments will hit the block with a minimum bid of $1.
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New York Magazine, November 22, 2009
The Non-Hot Hot Spots. Where are sellers hungriest to make a deal?
When the proprietors of the real-estate auction service Bid on the City wanted to find out where their services would come in handy ... Bid on the City's Albert Feinstein says he expected unglamorous areas to top the list, but the results were very different.
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The Epoch Times, November 19, 2009
Bid on the City: Pioneering the Auction World
Sold! To the person sitting in his or her living room in Dubai. Buying a Manhattan apartment just got more comfortable - in fact, you don't have to leave your own home. In New York, Bid on the City is property's answer to eBay, and it's on the way to going global.
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Avenue Magazine, November 2009
Sold! Bid On The City combines a well conceived website with a live auction to create a user-friendly service.
Manhattan's first real estate auction website, bidonthecity.com, offers homeowners and brokers a much needed option when selling Manhattan residences. Auctioning off lucury Manhattan properties after listing them for just 30 days.
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Crain's New York Business, September 11, 2009
Online apartment auctions offer discounts up to 45%
Manhattan-based start-up Bid on the City, an eBay for apartment and building sales, will be auctioning off six different properties next week. The company ... auctioned off seven properties totaling more than $21 million via three auctions over the summer.
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Fox News Channel, Sept. 7, 2009
Selling homes in this real estate market can be a nightmare
We've heard it for a while now. Selling homes in this real estate market can be a nightmare. In this economy, selling a home can take years and the odds of getting your asking price are slim to none. Peter Platzer thinks he has figured out a way to still get a fair price for his property. He put his New York apartment on the auction block.
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New York Magazine, August 10-17, 2009
If your apartment won't sell, how about auctioning it off?
In April, Bidonthecity.com made its debut as Manhattan's first real-time real estate auction site - just in time for apartment sales in general to sink to new lows ... "the market wants a bargain," says co-founder Albert Feinstein.
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Brokers Weekly, June 3, 2009
Tricks of the Trade
In its first billed event, Bid on the City just sold a modest 4 properties. But the newly founded company expects to capture 10% of the area real estate market in due time.
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Brokers Weekly, May 29, 2009
Townhouse Buyers Scarce
One of her listings, a turn of the century, six story mansion at 11 East 74th Street, had been scheduled for an auction in May through Bid on the City, an online real estate trading venture ...
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The Real Deal, May 29,2009
Do Auctions Really Work?
While the auction gavel has made its way onto the real estate scene in the New York area in recent weeks, not everyone is sold on the idea of putting properties up for bid ... Meanwhile, last month, Vlad Sapozhinikov and Albert Feinstein held their first auction through their new company, Bid on the City with largely positive results.
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The Real Deal, May 17,2009
VIDEO
Sara Polsky checks out one of the first Manhattan property auctions to provide an alternative to the normal brokerage process. Bid on the City which operates out of a Fifth Avenue storefront, put five properties ...
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Brokers Weekly, May 13, 2009
Going, going, gone
New online bidding service looking to put the $$$ back in pricing. A $30 million Prudential Douglas Elliman listing is set to go under the hammer on a new website run by industry veterans Albert Feinstein and Vlad Sapozhnikov.
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CNBC, May 7, 2009
It's Like eBay for Manhattan Real Estate
First eBay and Etrade, now eRealEstate in Manhattan but they are calling it "Bid on the City" ...
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GlobeSt.com, April 24, 2009
Pros Claim Online Platform Offers Convenience
Two New York City real estate executives have started a web-based company to auction residential and commercial properties. "It speeds the process, it make it more convenient and it accomplishes the objective of selling the property" ...
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The Real Deal, April 13, 2009
New Venture Auctions Off Condos
Potential buyers can bid on condos online or at the company's headquarters near Madison Park. Some of the properties will be units in 555 West 23rd Street and the Millennium Tower Residences at 30 West Street ...
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Curbed.com , April 13, 2009
It Happened One Weekend: eBay for Apartments
It makes sense there should be a website for one stop shopping. Enter Bid on the City...
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New York Times, April 12, 2009
Trying to Replace Brokers With Auctioneers
Bid On The City is to roll out this week ... Power will not be concentrated in a gavelwielding hand; instead, an engine built by PropertyShark.com will register online and in-person bids and essentially run the auction ...
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