FARE Act: Big Changes Ahead for Tenants and Landlords in NYC

If you’ve been following the headlines, you’ve probably heard about the FARE Act—short for the Fairness in Apartment Rental Expenses Act. Passed by the City Council in November 2024, this new law is set to change how broker fees work in New York City’s rental market,...

Refresher on the Buyer-Broker Agreement Rules in New York

If you’re starting your home search, here’s what a Buyer-Broker Agreement means for you—and why it could work in your favor. In August 2024, anyone working with a licensed real estate agent in New York State must sign a buyer-broker agreement before viewing any...

A Shifting Market – Manhattan and Brooklyn Real Estate Update

As we end April, the Manhattan and Brooklyn real estate markets are showing signs of change. Here’s a detailed look at what's been happening:   Manhattan Market Overview Supply and Demand Dynamics: Supply in Manhattan decreased by 2.5% for the month as of April...

Manhattan Market Update: Q1 Momentum Meets Macro Uncertainty

As the Spring Market picks up speed, Manhattan real estate is showing solid performance—but broader financial markets are introducing new variables that could shape what comes next. Mortgage rates have ticked back up. Treasury yields are swinging. And liquidity is...
Making an Impact: Giving Back 2024 Wrap-Up

Making an Impact: Giving Back 2024 Wrap-Up

As we close our Giving Back List 2024 campaign, we celebrate the outstanding organizations making a real impact globally and locally. Here’s a recap of the 29 organizations we supported this year: 1. American Cancer Society The American Cancer Society is fighting...

A Generous Season: Showing Gratitude Through Holiday Tipping

A Generous Season: Showing Gratitude Through Holiday Tipping

'Tis the season of giving, and in the hustle and bustle of the holidays, it's essential to remember those who make our lives smoother year-round. Whether it's the friendly doorman who greets you every morning or the diligent UPS delivery person ensuring your packages...

Market Update: Manhattan & Brooklyn Real Estate

Market Update: Manhattan & Brooklyn Real Estate

From seasonal shifts in inventory to what’s driving buyer demand, let’s discuss the most recent data.    Manhattan Market Overview   As we enter mid-November, Manhattan's real estate supply is following its usual seasonal trend, decreasing from a high point...

The Power of Voting: Why Every US Citizen’s Voice Matters

The Power of Voting: Why Every US Citizen’s Voice Matters

Election Day 2024 is fast approaching on Tuesday, November 5th.  Early voting is currently underway. Your voice matters, and your vote counts. Don’t let this election pass by without making your mark. Register, research the issues, and cast your ballot — not just for...

Manhattan Market Report: 3Q2024 Overview

Manhattan Market Report: 3Q2024 Overview

Two significant macro events loom large over the real estate market: interest rates and the upcoming election. Interest rates have already contributed to a cautious atmosphere, as both buyers and sellers adopt a wait-and-see approach. The uncertainty surrounding the...

NYC Real Estate Market: Key Trends Entering 4Q2024

NYC Real Estate Market: Key Trends Entering 4Q2024

As agents who are out in the field daily, we see firsthand how Manhattan’s real estate market is seasonally shifting. While the data continues to evolve, here’s what we’re seeing right now: supply is steadily rising, buyer interest is growing, and mortgage rates are...

The Impact of Floor Location on Pricing in New York City

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

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...

How to Think About Monthlies

How to Think About Monthlies

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

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