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...
Embracing Spring in NYC Real Estate
It's almost unbelievable that we're just two weeks away from the end of the first quarter. In the residential real estate market, total inventory remains lower than expected for this time of year. Having said that, serious buyers are signing contracts. Undoubtedly,...
Manhattan Market Update: The Spring Market is Just Around the Corner
We’re just a few weeks away from the official start of New York City’s Spring Market, and we’re already seeing signs of seasonal momentum. Inventory is beginning to rise, contract signings are picking up, and shifts in buyer preferences are becoming more apparent....
Manhattan Real Estate Market: Spring 2025 Trends and Strategies
Manhattan’s real estate market ended 2024 on a high note, with deal activity picking up as buyers responded to lower mortgage rates. However, the year end had a plot twist. Mortgage rates resumed their upward trajectory, and supply plummeted, creating a tightrope walk...
NYC Congestion Pricing is Here: What You Need to Know
New York City has officially launched its congestion pricing program, making it the first U.S. city to implement such a system. As of Sunday, January 5, drivers entering Manhattan south of 60th Street are required to pay tolls designed to reduce gridlock and fund...
Navigating 2024’s Q4 Report and the Start of the Year
Manhattan’s real estate market is kicking off the year with a lot to unpack. Inventory is tighter than we’ve seen in years, demand is holding strong, and economic factors like mortgage rates are still shifting. There’s plenty happening in the market to discuss, so...
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
'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
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...
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