Co-op Maintenance: Why the Monthly Number Isn’t Always What You Expect

If you’ve ever looked at Manhattan co-op listings and wondered why one apartment’s maintenance is $2,000 a month while another seemingly comparable unit is $4,000 or more, you’re not alone. This is one of those parts of NYC real estate that can catch buyers off guard...

The NYC Real Estate Market in February: The On-Ramp to Spring

February has always been the ramp-up month into the New York City spring real estate market, which traditionally begins March 1st.  The first half of February tends to feel early and tentative. The second half? That’s when we often see trends begin to shift. After...

Manhattan & Brooklyn Market Pulse: Early Signs of a Spring Shift?

As we enter February, the Manhattan and Brooklyn real estate markets find themselves at a familiar crossroads—somewhere between hesitation and momentum. Buyers remain cautious, sellers remain selective, and yet, quietly, the market is beginning to stir. Manhattan:...

Manhattan 2025 Year in Review: Neutral, Selective, and Surprisingly Resilient

As the year starts and we look back at 2025, Manhattan real estate feels less like a market in crisis and more like one moving through a long, drawn-out transition. Prices have been remarkably stable, supply has worked its way down to levels we last saw around 2015,...
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...

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....

LET US GET YOU STARTED ON BUYING YOUR HOME.

CONTACT THE WILKINSON LeFEVRE TEAM TODAY

Signup for our newsletter