The Importance of Buyer’s Representation
Recently, there has been growing controversy in the real estate market surrounding the value that buyer's agents bring to transactions. This debate primarily revolves around concerns regarding transparency, conflicts of interest, and the structure of compensation....
Trends Setting Premiums in Today’s NYC Market
Understanding the dynamics of property renovations and the potential value they can bring is crucial for both buyers and sellers alike in today’s real estate market. Renovated properties continue to command a premium, influencing sale prices and market trends....
Real Estate Market Update: May Trends and Insights
As we navigate through the current dynamics, the New York real estate market is experiencing a nuanced dance of activity, marked by both promising signs and lingering uncertainties. In the past month, there has been a modest uptick in real estate activity, including...
Navigating the 2024 Spring Real Estate Market: A Mixed Picture
A little bit up and a little bit down. While supply continues to tick slightly higher week over week, demand (contracts signed) is underperforming. This discrepancy between supply and demand paints a nuanced picture of the 2024 spring season, presenting challenges and...
Unlocking Renovation Potential In Co-ops and Condos
Recently we’ve been discussing the premium many buyers have been putting on move-in ready, renovated properties. With that in mind, you might be thinking - what about those other apartments that require a little more effort? It might be something to consider. We’ve...
1st Quarter 2024 Manhattan Real Estate Update: Signs of Recovery
As we step into the second quarter of 2024, let's take a closer look at the trends shaping the Manhattan real estate landscape. Our most recent 1st Quarter 2024 market report shares insights into the recent performance of our current market. Pricing Trends...
Spring Has Sprung!
It is hard to believe that we are two weeks away from the end of the 1st quarter. Spring is here after a relatively mild winter, so we have nothing to complain about! Can we complain about the residential real estate market? Yes and no. For sure it has been slower...
Seasonal Swings and Shifting Leverage in the NYC Real Estate Market
The NYC real estate market is on the move again as seasonal liquidity returns, indicating the onset of the active spring season. With this shift, both buyers and sellers are poised to experience changing dynamics. Let’s delve deeper into what these developments mean...
Navigating New York City’s Congestion Pricing: What You Need to Know
New York City, renowned for its bustling streets and iconic skyline, is gearing up for a monumental change in its transportation landscape: congestion pricing. With plans set to roll out as soon as mid-June, the city is taking a bold step towards combating traffic...
What to Expect from the 2024 Spring Market
It seems like the real estate market for Manhattan apartments is undergoing a shift, and potential buyers should be prepared for changes in dynamics. The current buyer-friendly conditions, characterized by low activity, lower prices, negotiability, and a challenging...
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