The Double Deuce – A Seller’s Market, Not A Test


The Double Deuce I remember when I was nearly a college graduate, and my birthday rolled around.  22!  The double deuce!  Somehow 22 felt much more substantial than 21.  And so it goes for 2022 vs 2021.  This year, as fun and rollicking as its been for real estate, has felt fleeting.  Everyone’s been waiting
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(VIDEO) What Happens When Rents Jump 30-40%? The Reckoning Has Already Begun.


The rental reckoning has begun. It started more than a year ago.  The rental trucks and moving vans lined up all over the city to bring hundreds of thousands of renters away to parents’ houses, second homes, and far away, with apartment items in storage, sold on Craigslist, or donated. The news was dire.  Everyone
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New Fannie Mae Limits, Rate Rises Sooner than Expected- How Will It Impact Lending?


Tiny shifts at the margins will help first time buyers in this market.  As mortgage rates appear to be slated for possible increases in 2022, buyers need all the help they can get.  Enter Fannie Mae! As of December 16th, now buyers will be able to borrow up to roughly $650,000 and have the looser
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(VIDEO) A Mini-Pause Below $4mm in Manhattan? Very Mini.


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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Thinking of Going to a Listing Agent Directly?


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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The High End Versus The Rest of the Market


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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No One Wants To Deal With The Furniture


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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Meet The Newest Members of the Harris Residential Team!


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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VIDEO: What Takes Our Market from Great to Insanely Great? Kid Vaccines!


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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Have We Entered a Seller’s Market?


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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Recent Blog Posts

What’s Worth More? Staging or Off-Market Marketing? Our Deal of the Month @ 130 West 30th Street
What is Congestion Pricing Going To Do to Manhattan’s Real Estate Market?
(VIDEO) A Return to Real Estate Health in 2025
The End of Rental Broker Commissions As You Know It. The Beginning of Even-Higher Rents.
The Sometimes Secret to Dealmaking? Waiting. (Our Deal of the Month @ 52 Riverside Drive)
(VIDEO) Don’t Take My Word For It. The NYC Housing Market is Better Than You’ve Heard.
How Much does Overcustomization Cost? (Our Deal of the Month)
A New Way To Save Real $$ on your Prewar Apartment Renovation—by Using Smart Home Systems (and Calling the Electrician)
(VIDEO) The Win-Win Window is Closing
What Happens when Your Agent Becomes an Advisor? Our Deal of the Month: 24 East 82nd

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