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....
From Buyers Market to Seller’s Market?  Let’s Discuss…

From Buyers Market to Seller’s Market? Let’s Discuss…

Following up on our last Blog - What to Expect In 2020 - the real estate market is showing signs of stability in the resale market. What is a Market Pulse? The market pulse is the ratio of pending sales (in contract) to supply (active sales) ratio. The Current Market...

The 2020 New York City Real Estate Market is Looking Up

The 2020 New York City Real Estate Market is Looking Up

A new year and a new decade! And some good news as we kick off 2020, the real estate market is showing signs of stability.  The 2019 market was not easy for anyone as consumers were feeling the effects of tax policy changes in various areas.  Read more about that in...

Wilkinson LeFevre Team Year in Review!

Wilkinson LeFevre Team Year in Review!

2019 was a great year! To everyone we had the pleasure of working with, thank you! Whether you became a buyer, seller, needed market updates or simply had a question, we've loved working with each of our clients throughout this last year. Wilkinson LeFevre Team...

Where to watch the NYC Marathon

Where to watch the NYC Marathon

The first Sunday in November finds New York City at its best as the five boroughs cheer on the 50,000 runners of the TCS New York City Marathon.  There’s no question that this massive spectacle is one of the most exhilarating events of NYC’s fall season. To those of...

New York City Real Estate:The Fall 2019 Market

New York City Real Estate:The Fall 2019 Market

Tax Policy Changes and Consumer Uncertainty Continue to Drive a Soft Market The Third Quarter of 2019 ends on 9/30.  Following up on our September Market Update Blog, the residential real estate market continues to react as consumer uncertainty is driven by tax policy...

September New York City Real Estate Update

September New York City Real Estate Update

The New York City Real Estate Market Remains in Favor of Buyers Post Labor Day, we are entering the second active market season of the calendar year. The Manhattan residential real estate market continues to be sluggish and a buyers-market. The supply of units is up...

What to Do in August in NYC

What to Do in August in NYC

As we head into August, the summer is coming to a close. But, there's still time to enjoy all of the summer fun NYC has to offer! Here are a few ideas to make the rest of your summer one to remember! Visit Deno’s Wonder Wheel at Coney Island Incredible views from 150...

Be Prepared! What to Do in an Emergency.

Be Prepared! What to Do in an Emergency.

Summertime. Anytime. Nothing better than being beach-bound with nothing on your mind but fun and relaxation.  Then the unexpected shows up. You never know what might happen – a black out, an earthquake, a flood!  Where ever you are in the world, things happen. It’s...

Manhattan Real Estate Report – 2019 2nd Quarter

Manhattan Real Estate Report – 2019 2nd Quarter

The Manhattan residential real estate market continues to be cool.  Buyers have the leverage as inventory and days on market increased in the second quarter of 2019.  The second quarter showed positive signs with both sales and contracts signed activity up, however,...

How Do You Summer?

How Do You Summer?

Summer time - we live for it in New York City. A time when the city gets second billing & the beach becomes the star. Here are some top favorites - both local and out island. Enjoy! Hamptons: Learn how to surf in Montauk. Whether you dream about catching the big...

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