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...
2nd Quarter Recap and Summer Outlook

2nd Quarter Recap and Summer Outlook

As summer hits its peak, we now have the latest real estate data for Manhattan’s second quarter. It’s a great time to take a step back, reflect on where we are, and understand the current leverage dynamics at play. Here’s an update on how the market is trending and...

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 blackout, an earthquake, a flood!  Wherever you are in the world, things happen. It’s ok!...

The Importance of Buyer’s Representation

The Importance of Buyer’s Representation

Recently, there has been growing controversy in the real estate market surrounding the value that buyer's agents bring to transactions. This debate primarily revolves around concerns regarding transparency, conflicts of interest, and the structure of compensation....

Trends Setting Premiums in Today’s NYC Market

Trends Setting Premiums in Today’s NYC Market

Understanding the dynamics of property renovations and the potential value they can bring is crucial for both buyers and sellers alike in today’s real estate market. Renovated properties continue to command a premium, influencing sale prices and market trends....

Real Estate Market Update: May Trends and Insights

Real Estate Market Update: May Trends and Insights

As we navigate through the current dynamics, the New York real estate market is experiencing a nuanced dance of activity, marked by both promising signs and lingering uncertainties. In the past month, there has been a modest uptick in real estate activity, including...

Navigating the 2024 Spring Real Estate Market: A Mixed Picture

Navigating the 2024 Spring Real Estate Market: A Mixed Picture

A little bit up and a little bit down. While supply continues to tick slightly higher week over week, demand (contracts signed) is underperforming. This discrepancy between supply and demand paints a nuanced picture of the 2024 spring season, presenting challenges and...

Unlocking Renovation Potential In Co-ops and Condos

Unlocking Renovation Potential In Co-ops and Condos

Recently we’ve been discussing the premium many buyers have been putting on move-in ready, renovated properties.  With that in mind, you might be thinking - what about those other apartments that require a little more effort?   It might be something to consider. We’ve...

1st Quarter 2024 Manhattan Real Estate Update: Signs of Recovery

1st Quarter 2024 Manhattan Real Estate Update: Signs of Recovery

As we step into the second quarter of 2024, let's take a closer look at the trends shaping the Manhattan real estate landscape.  Our most recent 1st Quarter 2024 market report shares insights into the recent performance of our current market.   Pricing Trends...

Spring Has Sprung!

Spring Has Sprung!

It is hard to believe that we are two weeks away from the end of the 1st quarter. Spring is here after a relatively mild winter, so we have nothing to complain about! Can we complain about the residential real estate market? Yes and no. For sure it has been slower...

Seasonal Swings and Shifting Leverage in the NYC Real Estate Market

Seasonal Swings and Shifting Leverage in the NYC Real Estate Market

The NYC real estate market is on the move again as seasonal liquidity returns, indicating the onset of the active spring season. With this shift, both buyers and sellers are poised to experience changing dynamics. Let’s delve deeper into what these developments mean...

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