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Massive Legislative Impacts on NY Real Estate

By admin | Newsletter | Comments are Closed | June 22, 2019 | 0

I lived in Cambridge, Massachusetts from 1996-2002. The composition of the people of Cambridge is not terribly different than Manhattan. And in 1995, Rent Control was ended in the state of Massachusetts. This is a state that still has Blue Laws because in concept, people can’t police themselves on Sunday mornings from drinking alcohol. ButRead more

A Return to a More Balanced NYC Housing Market

By admin | Newsletter | Comments are Closed | May 25, 2016 | 0

There is a ton of mixed messages regarding the NYC housing market. There’s much “good news” in the press right now, and sellers are perplexed that their apartments or townhouses aren’t selling. Rates are at historic lows, inventory is still very low, population in NYC is growing, job growth is historically high, and many signsRead more

Low Rates Forever? China Implosion? Rental and Condo Oversupply? More Questions than Answers.

By admin | Newsletter | Comments are Closed | September 29, 2015 | 0

At some point, mortgage rates must go back up, but I’ve just about given up trying to guess when that will happen. I can remember conversations back in 2009 and 2010, the substance of which was that hard assets will be a smart play. As inflation comes in, real estate, among the long list ofRead more

New Development Round-Up April

By admin | Newsletter | Comments are Closed | April 17, 2014 | 0

If you took a peek at my other recent post about housing starts being up significantly from 2012 to 2013, note that many of those Manhattan projects are online and in construction. I’m not trying be the frontline reviewer of these projects, necessarily, but in the past month I did get to see 2 projectsRead more

The Other Shoe Takes a Walk?

By admin | Newsletter | Comments are Closed | March 20, 2014 | 0

Almost all the latest indicators point to a strengthening local economy. Lower mortgage rates, averaging 4.28%, down a few basis points – a year ago, rates were averaging 3.52% Over 91,000 jobs added in NYC over the last year A push for less Federal involvement in mortgages, which should make mortgages easier to get! UnemploymentRead more

Recent Blog Posts

  • (VIDEO) The Last Greatest Real Estate Deal in the United States (Hint: It’s Manhattan) June 29, 2022
  • (VIDEO) Our Big Win of the Month! “The Search” Goes Upper East Side June 29, 2022
  • What Are You Waiting For? Math of the Month- Mortgage Rates vs Sales Prices June 28, 2022
  • (VIDEO) Visionary Brokerage Is For Times Like These May 31, 2022
  • The New Waldorf-Astoria Towers – and The Resurgence of Midtown May 30, 2022
  • When You Can’t Let Go of Your Apartment- Or Your Stuff. May 30, 2022
  • (VIDEO) Trading Masks for Armor? The Battle For New York Real Estate is On. April 29, 2022
  • Miami Comes To New York- In The Form of Regulation April 27, 2022
  • My First New York City Real Estate Deal April 27, 2022
  • The Flight To Quality, and 4 Other Good Reasons Why the RE Market Stays Strong in 2022 in NYC March 30, 2022

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New York City Real Estate | NYC, NY