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...

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...

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...

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...

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...

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...

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...

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:...

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...

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...