Navigating the end of NYC’s Spring Real Estate Market

Navigating the end of NYC’s Spring Real Estate Market As we cross into mid-June, the NYC residential market isn't moving in one unified direction. Instead, it has fractured into a highly tactical, segmented landscape. While overall inventory is still structurally...

NYC Market Update: Late-Blooming Spring and Where Buyers Are Actually Competing

This spring has been a bit of a late bloomer, but the last week gave us something we like to see in both boroughs - real contract momentum showing up on the board. Inventory is still tight relative to recent years, and that’s keeping the market more balanced than the...

Manhattan & Brooklyn Market Highlights: A Spring Season That May Have More Runway

Spring arrived a bit later than usual this year, but the market is showing signs that the season may stretch deeper into May and June. While neither Manhattan nor Brooklyn has seen the kind of explosive “gangbusters” activity associated with peak-cycle years, both...

Spring Market Reality Check: Stable… But Far From Easy

If this spring market feels harder to read, it’s because it is. On paper, everything looks steady - inventory is building, contracts are getting signed, and demand hasn’t fallen off. But in practice, the market has shifted into something more nuanced: stable, yes—but...
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...

The tide has turned for New York City real estate

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?

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?

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...

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