NYC Real Estate: A Selective Fall Market

As the fall market takes shape, we’re seeing more selective buyers in both Manhattan and Brooklyn, though there have been some notable differences between the two boroughs.  Overall, inventory is building, demand has moderated, and mortgage rates above 7% continue to...

NYC’s New Pied-à-Terre Tax: Where Things Stand

New York City’s long-discussed “pied-à-terre tax” is now moving into its first year of implementation. Officially called the Non-Primary Residence Property Surcharge, the new annual tax took effect this year and is designed to apply to certain higher-value residential...

The Impact of Floor Location on Pricing in New York City

When it comes to determining the value of a home in New York City, numerous factors come into play. The expected variables such as location, size, and overall condition certainly matter, but in the unique context of this city, there's an often overlooked aspect that...

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...
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...

Get Ready For Longer Lines at the DMV!

Get Ready For Longer Lines at the DMV!

As if a trip to the DMV wasn't stressful enough, get ready for longer lines and wait times at your local Department of Motor Vehicles. Starting October 1, 2020, every U.S. air traveler will be required to present a Real ID-compliant license, or another acceptable form...

The New Grad’s Guide to Renting in NYC

The New Grad’s Guide to Renting in NYC

Congratulations Graduates!  Welcome to New York City! A move takes planning especially during the summer months which is the busiest time for renting in NYC.  With advanced preparation, the rental process can be easier.  You should give yourself 30 to 45 days to...

Where to Spend Mother’s Day in NYC!

Where to Spend Mother’s Day in NYC!

Take care of your Mom or someone special on Mother’s Day! It’s warm again which means it’s time to spend as much time outdoors as possible. Here's a few great places you can enjoy a meal in one of New York City’s beautiful park restaurants for Mother’s Day! Ellington...

What You Need to Know About the NYS Transfer and Mansion Tax Changes

What You Need to Know About the NYS Transfer and Mansion Tax Changes

What constitutes a mansion in New York City? For the past several decades, buyers of residential property in New York City have had to pay a surcharge of 1% on all sales for over $1 million; that surcharge is known as the “Mansion Tax.” At the time it was imposed, the...

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