It’s a short story—but a good one. This month, I pull in fellow HRT agent Brandon Moore to talk about the markets in this video, held in an off-market Park Slope townhouse (email us for details!) They used to say the Bronx was burning. But Brooklyn is on fire! We just broke price records in
READ MORE
There is a reckoning happening in New York: What it costs to operate buildings. Each of these costs factors into what homeowners pay each month. In cooperative buildings, this line item is called your maintenance fees. In condominiums, they are called common charges. In the latter, real estate taxes not included. So there is sometimes
READ MORE
Our Deal of The Month is a story of never giving up. Our story starts Spring 2022. Our seller had just walked away from countersigning a contract. I mean, it was THIS CLOSE! Nothing was wrong, exactly. The price was good ($1.425mm). The terms were acceptable. Problem was that our seller had nowhere to go!
READ MORE
We can already see the two best real estate trades of 2024: (1) Sell in the Suburbs and buy in Manhattan. Or (2) sell in Brooklyn—and buy in Manhattan. Inventory is so low in New Jersey, Westchester, and Connecticut that it’s driving their prices up. Bidding wars are just the start of it. In Brooklyn,
READ MORE
We “only” have a team of six agents, so we get to highlight their deals more than often. This January, we are shining a light on Chloe Chasanoff. Chloe has been a part of the Harris Residential Team since 2019, making her one of its longest-standing team members. Some perspective about the challenges of being
READ MORE
I have already called the bottom of the real estate market in Manhattan. And as this goes to “print,” I will be doing a webinar all about a real estate market which has been unleashed by lower mortgage rates and higher demand. Now, we’re past MLK, which is the unofficial soft opening of the Spring
READ MORE
Here’s the story behind our recent $10 Million closing at One Highline in Chelsea: Developer HFZ buys a massive parcel at 18th and the West Side Highway in Chelsea for $870mm in 2015, a near-record at the time for vacant land. The plans come together for a Bjarke Ingals-designed building that was named XI, for
READ MORE
There’s only one thing you need to remember as you go into 2024, at least as it relates to the New York City Real Estate Market: 99% of what you’ll hear or read has nothing to do with it. That’s right. Manhattan hasn’t been operating like anywhere else. In nearly every other market, buyers vociferously
READ MORE
2023 was a year of twists and turns in the New York City’s real estate market. While we were able to navigate this challenging time for our clients, not every buyer or seller was so lucky. Many buyers expressed frustration about the lack of inventory. Many sellers chased a market down to find the right
READ MORE