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I want to create another outlet for our Chief Economist, Greg Heym, who published this today.  These numbers are compelling and speak for themselves.  2019 was a soft market, and the end of 2020 is already exceeding it.  -S Manhattan Market Update Today, we look at Manhattan apartment contract signed data since the pandemic. YouRead more

In my video here, I talk about all of the statistics showing a market that has found a bottom. My other post shows all of the statistics that I’m seeing, but here I just want you to have one takeaway: We’re at the bottom.  When inventory starts to decrease, and the number of deals intoRead more

I’ve been in residential real estate for nearly 20 years, and have both perspective and opinion on everything going on right now- yet I don’t expect you to take my word for what I say.  Yes, I hope you will, but it rarely happens.  One of the main reasons we have a market at allRead more

Many of us are spending a great deal more time living in the virtual world.  Whether I am watching my kids play Roblox, experiencing hours of Zoom meetings, or (shocker) watching a great deal of Netflix, we are not engaging in person with nearly as many people.  Is it a shocker that Real Estate wouldRead more

(I submitted this to a number of media publications.  More hard numbers would help bring this to life.  Until then, I wanted to make sure this conversation begins.  If you have any anecdotes to share, please do. -Scott) _____ In 1958, Harry Belafonte, the famous Jamaican-born singer and performer, found it nearly impossible to leaseRead more

If a picture says a thousand words, this 40 minute rollicking interview certainly speaks many volumes.  Revenue Collective Founder Sam Jacobs and I talk about the state of the New York City residential real estate market for a while, trends up and down, and take questions from the audience.  Click on the image and enjoy!Read more

A concept I discussed with sellers for years was the “Absorption Rate,” to help give context to where their apartment fit into the market overall.   The explanation required some lifting.  Then Absorption Rate became “Inventory Levels,” which felt firmer, since it referred to the amount of property on the market.  Unfortunately, the original confusion actuallyRead more

This commercial says it better, almost better than I could.  So I’m going to start by sharing it with you.  Kids here, making the most powerful case for Dreaming Big: When we start talking about apartments, why do we so often spend so much time talking about what we CAN’T HAVE?  Why can’t we talk aboutRead more

At some point, I thought to write a post about “creating zoom spaces in your apartment.”   And what seemed like a cute, thoughtful article seemed flat, two-dimensional, and utterly banal. What had been lingering, having had an absolute blast doing an Instagram Live with Brianne Manz of Stroller in the City, was to zoom outRead more

We know exactly what we need to know to get buyers and sellers more confident- and deals moving more quickly- and that is Price Discovery.  Waiting for closing prices isn’t enough today.  We need to know NOW. And we are making this happen through the power of our broker network.  Our team is able toRead more