New York Market Report 2023Q2 – Market Bottom?
The data for this quarter is quite similar to the previous one, as the Federal Reserve’s interest rate hikes are nearing their end, and New York City continues to maintain a buyer’s market atmosphere. Therefore, most of the data aligns closely with my previous quarter’s predictions, but there have been some interesting developments in the […]
Different Types of Real Estate in NY
Today, we would like to talk about the different types of properties in New York and what types of properties are best suited for you. First of all, we need to list some of the most common types of properties we see in the market, and then we will go over them one by one. […]
New York Market Report 2022Q1 – Home Buyers Rebound in Full Force
The spring buying season is just around the corner and with increased demand and fewer listings on the market, it will be a very competitive season for potential buyers. My View and Summary The New York housing market continues to be quite active, with a burst of buyer demand over the past 2 years over […]
New York Market Report 2021Q4 – 32-Year High Transactions and Shortage of Listings
As expected in 2021Q3, there was no slow season in 2021Q4; instead, there was a tight supply of properties, rising home prices, and a surge in transaction volume. It is particularly noteworthy that the number of transactions in Q4 reached a record high in the past 32 years, despite the continued shortage of housing in […]
Tribeca Neighborhood Guide
Why is Tribeca a must-see for buyers over $3 million? Tribeca is a great location for both renting and owning. It is arguably the best location in Manhattan… But what makes Tribeca so special in Manhattan? Pros Easy access to 1/2/3/A/C/E subway lines High-end, low-key residential area Good quality homes with high ceilings Quiet in […]
Waterline Square – The largest community in Manhattan to date
New Development | 20 Year Tax Credit | 3 Buildings | 599 Units | Summer 2020
1 bedroom Price: from 2.25 million
2 bedroom Price: from 3.6 million
3 bedroom Price: from 4.87 million
4 bedrooms Price: from 7.2 million
277 5th Ave – Tallest Residence on 5th
Brand New Development | 55 Stories | 130 Units | Winter 2020 Closing
1-bedroom price: from $1.875M
2-bedroom price: from $3.2 million
3 bedroom price: from $5.75 million
5 Court Square Long Island City – A fantastic value proposition
New Development | 11 floors | 58 units | Summer 2020
1-bedroom Price: from $ 790,000
2-bedroom price: from $ 1.17 million
3-bedroom Price: from $ 2.24 million
New York City Real Estate Market Report 2021Q3
2021Q3 marks the shift of buyer’s market to seller’s market. As we await for more information and data from other firms, here’s a glimpse of the data from Douglas Elliman. Manhattan +1.4% Increase in Median Sales Price -15.2 months of supply (due to huge increase in number of sales) +228.9% number of sales (number of […]