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

by Janet Wilkinson and Susan LeFevre | May 30, 2025 | blog

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,...

Manhattan Market Update: Q1 Momentum Meets Macro Uncertainty

by Janet Wilkinson and Susan LeFevre | Apr 15, 2025 | blog

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

by Janet Wilkinson and Susan LeFevre | Mar 31, 2025 | blog

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

by | Mar 14, 2025 | blog

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....

Manhattan Real Estate Market: Spring 2025 Trends and Strategies

by | Feb 17, 2025 | blog

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...