Valuing Outdoor Space in New York City

When it comes to New York City real estate, outdoor space isn't just a luxury – it's a valuable asset. But how do you determine its true value? The value of outdoor space varies based on its size, type, and layout. Let's delve into this topic. Distinguishing Outdoor...

Understanding Monthly Carrying Costs In NYC

Buying an apartment in New York City is a unique experience, with your monthly carrying costs being a crucial consideration that is unlike buying homes in other regions. These additional building costs can significantly impact your overall budget and mortgage...

Manhattan Market Update: Q2 Strength Meets the Summer Slowdown

The spring market is now behind us, and Manhattan is entering summer on much firmer footing than it was a year ago. The pace is starting to cool, which is normal for July and August, but the bigger story is that spring actually delivered. Pricing improved, sellers...

NYC Real Estate Market Update: The Strongest Spring Market in Three Years

The spring market has officially come to a close, and New York City enters the summer with encouraging momentum. Buyer demand remained remarkably resilient throughout the season, even as inventory stayed below historical norms and mortgage rates remained elevated....
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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