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When our Annual Market Report comes out, generally there’s some fanfare. This year’s report, however, also covers 188,000 sales back to 2003. So, for anyone looking that far back for trends, this is a deep dive into the all-you-can-eat data dump. For those less inclined to read the 30-page monster, the 14-page 4th quarter reportRead more

There has been an awful lot of noise about the Real Estate market in New York in the past few weeks. Is it hot? Is it cooling? Reporters cite plans for one Central Park South being put on hold as conclusion-worthy news. Can we really extrapolate from that to the whole market? What does theRead more

I have a high-floor two-bedroom condominium listing in Toll Brothers’ first New York City development, 110 Third Avenue. We are marketing it at $2.5 million, with significant interest. The lack of inventory for high-floor, great view, full-service Downtown condominiums make this highly desirable. Views from 110 Third Avenue With that in mind, I found myRead more

Too many metaphors seem apt at the moment to describe this property market. I wouldn’t need to look back on previous posts, as I am fairly certain I have not seen the market like this before, even having experienced 2006 and 2007 a broker. There has been a frenzy as I have not seen it.Read more