NYC is back! It’s time to get out there and have fun! Here are some great ideas for May and June!
Who else is ready to get back to the hustle and bustle of normal city life? The good news is, New York City is coming back! With plans for a full reopening by July 1 and the weather warming up, New Yorkers are eager to get out and enjoy post lockdown life. As vaccines...
With the first quarter of 2021 done, what does the real estate market look like?
It has been just over a year since the first Covid-19 lockdown here in New York City. It is a good time to assess where we are so we may make some educated conclusions about where we are going. First, three interesting charts that came out of the 15th edition of...
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?
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?
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!
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
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
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...
A Look Ahead at the New York City Spring Real Estate Market
With the election finally settled and vaccination beginning, it is worth considering what the spring real estate market will bring. Let’s start by noting that contract activity in the city has been up (especially in Brooklyn), while it appears the suburban frenzy has...
A look back at the 2020 Manhattan real estate market and 2021 outlook
It has been a rollercoaster of a year. Whew! Let’s take a look at what happened to the Manhattan real estate market and the outlook for 2021. During the first COVID-19 lockdown starting mid-March, real estate showings were prohibited and consequently transaction...
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