The Real Value of Outdoor Space in NYC
In a city where outdoor space is scarce and highly coveted, having even a small private area can significantly elevate both your lifestyle and a property's market appeal. Whether it’s a balcony with morning light or a landscaped terrace off the kitchen, outdoor space...
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: 2nd Quarter Report and Seasonal Shifting
The second quarter of 2025, as a whole, delivered solid results across Manhattan’s sales market. Median and average prices continued to rise, time on market dropped, and sellers retained solid pricing power. But it’s important to note that, due to the length of the...
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 blackout, an earthquake, a flood! Where ever you are in the world, things happen. It’s ok!...
Cruising into the Summer Slowdown
The New York City housing market has been showing signs of a shift since late March to early April, marking what appears to be the start of a new trend—likely influenced by broader economic uncertainty. The market was performing steadily until around April 2nd, when...
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...
The Short-Run Effects of Congestion Pricing in New York City
In a groundbreaking move starting January 2025, New York City pioneered congestion pricing within its central business district (CBD), setting a precedent for urban traffic management in the United States. This initiative aimed not only to alleviate congestion but...
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