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...

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...

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...

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...

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...

In the aftermath of a chaotic presidential election, it's important to refocus on the major issues affecting the New York City real estate market. From how the news of not one, but two promising vaccines to historically low interest rates and rock bottom rent prices,...

After the mayhem of the election, it is time to evaluate what the Biden presidency will mean for New York City. The pandemic has left the City’s finances in a precarious state, and higher taxes are inevitable regardless of who is in the White House. A democratic...