Blog

I answer this question: What’s easier to get right now- A vaccine appointment, or an appointment to get into a property? In many cases, it is, believe it or not, the former.  So get your shots! But really- how quickly things have changed in the marketplace.  The real estate market has moved away from buyers. Read more

The Rent is no longer “Too Damn High.”  This phrase, made famous during the Jimmy McMillan’s humorous mayoral candidacy a few years ago, still has me giggling today.  But not for long.  What if the bar is still too high for some renters or buyers, despite a vastly different landscape from Jimmy McMillan’s epic rant?Read more

Tech has made so many aspects of our lives easier.  Name an industry at random, and see if technology has not enabled a much more efficient experience, if not a better one. I remember when my friend’s father, who was a veterinarian, was reselling dog flea medicine that he’d bought wholesale from the manufacturer.  Overnight,Read more

Every sign points to a healthy market, a real estate market that is picking up!  I’m reminded of my favorite business tag line ever!  “Our Business Stinks!  But it’s picking up!”  Enjoy!Read more

Every paper wanted to tell this story about the NYC Housing Market… Chapter One Everyone is fleeing New York!  New York is dead!  There is rampant crime!  The neighborhoods are being overrun by a combination of homelessness and zombies!  And…Everyone will be selling their homes at a firesale discount price! Chapter Two People tried toRead more

I always laugh at this scene from the 1983 classic “Trading Places”.  Two hapless old men are successful in completely messing with Eddie Murphy and Dan Aykroyd’s characters’ lives, until they aren’t.  At the end of the movie, when the Duke brothers are bankrupt, they are yelling in vain: “Get Those Brokers Back in Here! Read more

Just two days ago, it was a slushy ice storm, and now it’s 50 degrees, just in time for a lovely lunch with my team.  I could not be more pleased to talk about month’s Brown Harris Stevens Inventory Report, which you can check out here. What will you see?  The report shows that forRead more

Let’s Look at Two Situations Which My Clients Face from Time to Time… Scenario One Client 1 wants to buy a lovely home that needs a significant renovation.  Purchase price: $2million.  So, not only do they need the downpayment for the purchase, but then they need to put another $500,000 into the unit.  Do theyRead more

“The fourth quarter Manhattan report gives us our first real look at COVID-19’s impact on closing prices, as the overwhelming majority of deals were negotiated after the lockdowns began. While the overall average resale price fell just 3% compared to a year ago, we need to look at specific sizes and types of apartments toRead more

Somehow, I mostly floated through 2020 without a serious stress level of any kind.  There were plenty of obstacles that would have proven worthy of stress, to be sure: A total shutdown of the market A complete lack of transactions to help price units coming to market Reluctance on the part of buyers to “catchRead more