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...

The Short-Run Effects of Congestion Pricing in New York City

In a groundbreaking move starting January 2025, New York City pioneered congestion pricing within its central business district (CBD), setting a precedent for urban traffic management in the United States. This initiative aimed not only to alleviate congestion but...

Embracing Spring in NYC Real Estate

It's almost unbelievable that we're just two weeks away from the end of the first quarter. In the residential real estate market, total inventory remains lower than expected for this time of year. Having said that, serious buyers are signing contracts. Undoubtedly,...

Manhattan Market Update: The Spring Market is Just Around the Corner

We’re just a few weeks away from the official start of New York City’s Spring Market, and we’re already seeing signs of seasonal momentum. Inventory is beginning to rise, contract signings are picking up, and shifts in buyer preferences are becoming more apparent....
Third Quarter Review: Manhattan Real Estate is On Fire!

Third Quarter Review: Manhattan Real Estate is On Fire!

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...

China: what does it mean for New York City real estate?

China: what does it mean for New York City real estate?

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...

Everything impacting the New York City real estate market today

Everything impacting the New York City real estate market today

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 fall market, we...

How much does height matter in pricing a home?

How much does height matter in pricing a home?

There are so many things that go into the value of a home in New York City, with the most obvious being location, size and condition of the home. But, New York City is unique in that floor height can also change the listing price of a home, even within the same...

How to value outdoor space in New York City real estate

How to value outdoor space in New York City real estate

Everyone knows having outdoor space is not only luxury in New York City, it's valuable! But, just how valuable is it? This depends on the size, kind, and shape of the space. Let’s take a look. Outdoor space is not valued the same as indoor space First of all, outdoor...

New York City Second Quarter 2021 Market Report

New York City Second Quarter 2021 Market Report

Missed the bottom? Don’t miss the recovery. The New York City real estate market ended the second quarter of 2021 on a tremendous high. Supply continues to hold steady. Notwithstanding that pending sales continue to be strong, inventory levels have remained stable as...

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...

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