There’s a flurry of sales volume activity over $4mm in the New York City Real Estate Market. But is that the same across the marketplace? While the press focuses, naturally, on the high-profile, the vast majority of the market is not as red-hot. It’s an opportunity for buyers to exploit, to get in before this
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I get this all the time. I was showing an apartment, a lovely two-bedroom Prewar condominium on West 98th Street. As I stood there, we already had bids and were negotiating to get the best price for my clients, the sellers. The buyer was a nice Australian guy who was looking to buy something for
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For The Last Time, People Are Not Fleeing New York City! Much has been made, and much will be made, of 2021 being the highest sales volume in decades. We are seeing, week after week, extraordinary sales volume, and numbers of deals at the high end of the market. Donna Olshan’s excellent weekly report has
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Furniture in the Burbs A close friend just bought a house in Connecticut. Before he closed, the sellers did a virtual auction of all of the furniture in their house. While he didn’t buy everything in the house, my friend chose enough items, most of them high quality, as a starting place for what will
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We’re delighted to introduce you to Reginald “Reggie” Grayson and Jonathan “Yoni” Goldstein! Reginald Grayson Reggie comes to us through Brown Harris Stevens New Development Marketing and Sales, where he was most recently working on 10 Lenox Avenue, a gorgeous project that resides just one block from Central Park North. His decades-long sales experience ranges
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This month’s video is about kids. While we marvel at the comeback of the New York City housing market, it still isn’t firing on all cylinders! Why is that? It’s because kids aren’t all vaccinated. While I write about the strength of the market it more detail in other posts this month, what has leapt
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It’s funny. I’ve been confident about calling the bottom of the market (back in November 2020, see here). I’ve been calling out the continued strength of the market. I’ve even just done a webinar to help people understand why NOW is the time to buy or sell real estate in New York (see here!). Our
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It’s an unusual situation. Both buyers and sellers have reasons to be THRILLED to be in the market. Great reasons why both should want to take action RIGHT NOW. What is going on??? Dogs and cats living together! I explain below!
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This feels like a housing market that has exploded in 2021 DESPITE having both hands tied behind its back! Let’s look at what’s been going on: Offices remain at 20-25% occupancy Limited access to the US from Abroad COVID remains an active concern New York still recovers from the mess of 2020. And with all
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We recently came out with our September Inventory Report, which you can check out here. The biggest change was that even Midtown, the neighborhood that has taken the longest to see the impacts of a recovering New York, has seen a drop in inventory. This is encouraging, to say the least. I’m encouraged because a
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