Hillary joined the Harris Residential Team from The Corcoran Group in May 2023, and we’re delighted that she ends the year as our team’s featured Agent of the Month- with nearly $3mm in sales! Some background about her: Ms. Waldstein is a third-generation residential real estate agent, with a mother and grandmother in the business
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How do you know you’re at the bottom of the market? We have done all of the above. Heck, we did it last month. That’s right, we already called the bottom. But this month, I prefer to use anecdotal evidence. Yeah, the kind of stuff that people like to poke holes in. The tales that
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We have a lot to be grateful for.
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Every NYC brokerage firm is being pulled into an antitrust lawsuit right now, including my firm, Brown Harris Stevens. So I cannot comment on that. However, I can talk about what is going on in the housing market. First, our latest inventory report came out. These were my thoughts: Because the absolute number of properties
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Our Deal of the Month Our deal of the month is a three bedroom, three-and-a-half bath apartment at 1289 Lexington Avenue which we just closed. Its last asking price was $5,700,000. Tip of the hat to Robert Levine, a valued member of the Harris Residential Team, for closing it. And congrats to our buyer! I
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Please find this month’s Manhattan Inventory Report (link here). Amid lots of fresh Q3 US economic data as the backdrop, it’s interesting to note that month-over-month, supply spiked dramatically. Specifically, there was an increase of 14% in the number of condominiums, and an increase of 28% in the number cooperative apartments. However, year-over-year, the total number of properties on
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This is the Story of an Off-Market Transaction. But it’s also a question of value. How much is a balcony worth? How much is a view worth? And more curiously: How much are units in a Postwar building discounted when that building sits in a sea of Prewar buildings? We just closed this $2.895mm sale
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This oped was published on November 13, 2023 in at Off The Market. Link here. We have been told that the three most important things in real estate are location, location, and location. But there are two other axioms which arguably supersede, one of which Burnett v National Association of Realtors (NAR), a federal class-action
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Do you know what’s more important than inventory? More important than interest rates? More important than buyer behavior, seller behavior, or the latest article in the New York Times? It’s finding the right home for you. Finding a home that you love. Finding a home that is the foundation for everything you want to do.
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Conventional wisdom would have you think the following: What did we see when we sold this one bedroom property at 70 East 10th Street? How do you explain the difference in our seller’s experience? First, let me back up. In May 2023, we brought a gorgeous one bedroom to market in Greenwich Village. Although it had
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