FARE Act: Big Changes Ahead for Tenants and Landlords in NYC

If you’ve been following the headlines, you’ve probably heard about the FARE Act—short for the Fairness in Apartment Rental Expenses Act. Passed by the City Council in November 2024, this new law is set to change how broker fees work in New York City’s rental market,...

Refresher on the Buyer-Broker Agreement Rules in New York

If you’re starting your home search, here’s what a Buyer-Broker Agreement means for you—and why it could work in your favor. In August 2024, anyone working with a licensed real estate agent in New York State must sign a buyer-broker agreement before viewing any...

A Shifting Market – Manhattan and Brooklyn Real Estate Update

As we end April, the Manhattan and Brooklyn real estate markets are showing signs of change. Here’s a detailed look at what's been happening:   Manhattan Market Overview Supply and Demand Dynamics: Supply in Manhattan decreased by 2.5% for the month as of April...

Manhattan Market Update: Q1 Momentum Meets Macro Uncertainty

As the Spring Market picks up speed, Manhattan real estate is showing solid performance—but broader financial markets are introducing new variables that could shape what comes next. Mortgage rates have ticked back up. Treasury yields are swinging. And liquidity is...
Three ways to win a negotiation for home buyers

Three ways to win a negotiation for home buyers

Finding the right home to buy takes knowledge, skill, and often a modicum of luck. Once you’ve found it, the next thing to tackle is the negotiation.  This is not a “one size fits all” situation by any means! The wrong approach will have you overpaying or losing bids...

Real Estate as an investment. Is now the time?

Real Estate as an investment. Is now the time?

Is now the time to make a real estate investment? In short, yes! We spend a lot of time looking at apartments. In fact, we've been contemplating buying another apartment as a rental property. After all, the city is coming back and there are plenty of new condos to...

The tide has turned for New York City real estate

The tide has turned for New York City real estate

Although New York City is facing the harmful effects of a higher tax regime, it is clear that those who wrote obituaries for the City did so prematurely.  The pendulum, it is easy to forget in the thick of it, swings both ways. But, you don't have to just take our...

So… What About Brooklyn?

So… What About Brooklyn?

As the first quarter comes to a close, it’s time to cast our focus outside of Manhattan for a beat and look at what’s been going on in Brooklyn. The numbers, to those who haven’t been paying attention out there, have been staggeringly strong. Take a look: Source:...

What’s A Seller to Do?

What’s A Seller to Do?

Our last blog was chock full of advice for New York City real estate buyers. Now, it’s the seller’s turn. Consider this: the Manhattan real estate market is being driven by the declining inventory picture. Full stop. Inventory peaked in the 10,000-unit range at the...

Buyers, now is the time to get out there!

Buyers, now is the time to get out there!

It's time for buyers to get out there! Our last few blogs have concentrated on the effect of COVID-19 on the New York City real estate market and providing a view of the outlook ahead.  As we approach the official start of Spring on March 20th, the traditional New...

The Anatomy of a New York City Real Estate Market Cycle

The Anatomy of a New York City Real Estate Market Cycle

Without a doubt, it has been a very strange year for real estate, with the COVID-19 lockdown distorting our market. That being said, it is instructive to remember that every market is just part of a cycle, and this one is no different in that regard. The shape is a...

It’s time to focus on what’s ahead

It’s time to focus on what’s ahead

Let's be honest, the last year threw everyone for a loop. Even though the new year has already begun, it's not too late to reflect, reset and prepare for 2021! Maybe you want to protect your finances, or build your credit this year. Or, perhaps you want to do a little...

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