Tech Companies or Real Estate Firms? Some additional thoughts


This is a discussion about an article that goes into a bit more depth about the impact of technology the real estate world, and where it helps or may hurt. Shaun Osher from Core is a really smart guy (and apparently a jazz sax player, too) and has some interesting things to say. Take time
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How Much Is a Washer/Dryer Worth? VIDEO


  This month I’ve been thinking about washers and dryers. What are they worth in a property? What is the discount if they aren’t allowed? This is such a NYC video. Almost everyone outside of New York City has laundry in their homes, but here, having a washer/dryer inside your apartment is subject to building
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Does a Stronger Rental Market Imply a Stronger Near-Term Sales Market?


I began my real estate career working at Citi Habitats, focused on rentals. It was trial by fire, and there couldn’t have been a better training ground for someone who had never worked in residential real estate. I saw 80-100 apartments per week, whether previewing them, showing them to prospective renters, and managing the hustle
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A Gap in the Real Estate Market, filled by Empty Nesters


Certain buyers are drawn to certain homes. And some properties are more universally appealing, being a bit more generic, like 1-bedrooms or Studio units. In some cases, having a limited audience can be quite challenging when it’s time to sell. I am seeing 5- and 6-room apartments have an increasingly limited audience. But in this
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We’re Not Celebrating Taxes, But We are Celebrating Home! VIDEO


Scott Harris from Brown Harris Stevens here, coming to you from my home on the Upper West Side of Manhattan. We have lots to celebrate at home as two of my children have birthdays in April- and we do what we can to host lots of events here. So let’s talk TAXES. Something that not
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The New Mansion Tax


The 1st quarter of 2019 was a big dud. Though prices increased on average in the first quarter, it was “solely due to a jump in luxury new development closings, including a record-setting $240 million sale. The average price for just resale apartments was 3% lower than a year ago, as price adjustments continue at
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How TV and Media has Changed Buyer Expectations


There have been a lot of theories about why there’s been any kind of slowdown in the New York City Real Estate Market: Higher Income Taxes, Higher Real Estate Taxes, Rising Mortgage Rates (though not presently), Donald Trump, Uncertainty, a Rising Stock Market, concerns about a Falling Stock Market, tough coop boards, prices got out
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What’s Your Superpower? (VIDEO) Scott Harris Newsletter March 2019


I’m Scott Harris at Brown Harris Stevens, founder of the Harris Residential Team. Thank you for sharing these videos and posting them to social media! My 8 year old daughter asked me last week what superpower I would want to have. Of course, this would be my second superpower, my first being the ability sell
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The Randomness of Real Estate


Let’s Talk Buyers Getting buyers get educated and confident about the market is my number one job. I do a deep dive with homebuyers to understand who they are and what they’re looking for. I get to know them, their dog(s), their kids, watching them bicker, argue, joke, yell- at me, at each other. They
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Hudson Yards, Revisited, and Open!


Hudson Yards is open! Not a week before the launch (March 15th), I sat on the 45th floor of 10 Hudson Yards (opened nearly 2 years ago at 30th and 10th avenue) in a board room, listening to a Related executive begin what he called his “swan song” presentation. Once the property was open, he
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Recent Blog Posts

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
The Nothingburger of the Buyer Representation Scandal
The Non-Binary Housing Market
(VIDEO) How Lower Rates Are Already Impacting the NYC Housing Market

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