Into Summer We Go!

Into Summer We Go!

Memorial Day Weekend is two weeks away. Crazy. The New York City real estate market continues to be a head-scratcher. Where are we going? We think we could be in for an unusually busy summer. Here’s why: March deal flow in sales was on fire. April deal flow in sales...
1st Quarter Market Overview

1st Quarter Market Overview

The Manhattan real estate market settled into its new normal during the first quarter, with slower activity transitioning to a seasonally active marketplace as the busy spring season started. This quarter’s headline is the 8.3% year-over-year decline in the...
A New Phenomenon

A New Phenomenon

We have waited long enough! It’s true – the New York City real estate market is showing signs of awakening! With the spring market at the starting gate – things are beginning to percolate.  Buyers – we’ve been telling you for weeks that the negotiating advantage is...
Outlook for 2023

Outlook for 2023

Happy New Year! We are rested and ready to go! As we consider 2023, we would love to tell you that 2022 is behind us. Is it though? We’re not sure yet is the answer because much of what caused the volatility and price pressure in the second half of 2022 is still...
How to value outdoor space in New York City real estate

How to value outdoor space in New York City real estate

Everyone knows having outdoor space is a luxury in New York City.  It is also valuable! But, just how valuable is it? This depends on the size, kind, and shape of the space. Let’s take a look.   Outdoor space is not valued the same as indoor space   First of...

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