by Janet Wilkinson and Susan LeFevre | Dec 9, 2021 | blog
Ho, Ho, Holy Moly What a Year! As 2021 comes to a close, the universe threw one more big variable into the mix in the name of Omicron. Fortunately, early indications are that the Covid-19 variant presents mild symptoms and while it is expected to spread quickly, may...
by Janet Wilkinson and Susan LeFevre | Oct 29, 2021 | blog
As reported in our mid-October blog, the third quarter was record breaking. Some interesting things are happening. First, the percentage of foreign buyers has dropped significantly from 28% of new development buyers pre-pandemic to 11% as of 3rd quarter 2021. So what...
by Janet Wilkinson and Susan LeFevre | Oct 13, 2021 | blog
As we’ve been reporting over the last few months, Manhattan’s real estate market has caught fire like never before. The third quarter was also a record summer for sales over $5M – with a luxury market driven by buyers seeking more space and better value. This velocity...
by Janet Wilkinson and Susan LeFevre | Sep 28, 2021 | blog
China has been on everyone’s radar recently with the headlines about the struggles of its heavily-indebted property firm Evergrande, which is laboring under $300 billion of debt and seemingly no way to stay current on debt service payments. Whether or not China deems...
by Janet Wilkinson and Susan LeFevre | Sep 13, 2021 | blog
It’s been a year and half since we first entered into the COVID-19 lockdown in New York City. While we’ve come a long way, the real estate market is still seeing impacts of the pandemic, as well as various other forces. As we’re entering into the...
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