BUYING AND SELLING AT THE SAME TIME
In the current market, do you sell first? Buy first? Or sell and buy at the same time? A lot depends on your financial situation and stamina for risk, disruption and chance. If you sell first,… More
In the current market, do you sell first? Buy first? Or sell and buy at the same time? A lot depends on your financial situation and stamina for risk, disruption and chance. If you sell first,… More
Standards for measuring NYC apartments would be a boon to the industry. It’s a subject I’ve broached before, and one that merits re-consideration. Without uniform guidelines, the challenge of computing accurate square footage in order to… More
Is there an optimum season to sell real estate? Yes and no. Yes, spring and fall are the traditional best months for sellers, and as a result also the best times for buyers since there are… More
Walking through midtown along First Avenue is a stereotypically hectic New York City experience, with multiple lanes of busy traffic, shops, and restaurants creating a noisy and bustling ambiance. Walk just a few steps east of… More
New residential construction is booming in New York City. Pounding jack-hammers and vibrating power saws provide the backdrop din; monster construction cranes and huge cement trucks crowd the streets; giant lego-like barriers divert pedestrian traffic; billboards… More
It’s not smart for buyers to be unrepresented in today’s marketplace. The inventory is too thin, and the stakes are too high. In a climate where well priced properties are attracting multiple offers and selling quickly,… More
Traditionally a slow month in residential real estate, August this year will no doubt show a drop in signed contracts from last spring, favoring the $2 million and under market while activity for larger apartment resales… More
It has become increasingly more challenging for buyers who require financing to compete with cash purchasers. Given the chronic market conditions of tight inventory and high demand, buyers continue to outnumber sellers, and multiple bidding has… More
NYC property values have been rising steadily for more than two years. According to reports from the major brokerages, the number of closed transactions in Q1 2014 was at a seven year high, setting new records… More
Every deal has a story, and each is remembered, or not, for different reasons. One recent transaction is of note because there were multiple obstacles to overcome—from readying an estate wreck for sale; to working with… More