2022 NYC real estate forecast: Buyers look over their shoulders, sellers wait for prices to rise, renters catch a break

… market boomeranged in the second half of 2021 Renters and buyers returned to the city and snapped up apartments Thanks … forecast is designed so you can skip ahead to the section most relevant to you via the links below However because … and better deals in prime Manhattan and Brooklyn neighborhoodsif you dont mind checking out apartments when …

By Jennifer White Karp |January 3, 2022 - 9:30AM
Has the pandemic changed what is a trophy property in NYC?

… has lots of perksincluding resale value Penthouses tend to sell for about 5 to 10 percent more than nonpenthouse … sales these days According to the Olshan Report 50 highend Manhattan homes asking $4 million or more went into … packages and maintain the property She also represents sellers at the  Four Seasons  which is popular with …

By Jennifer White Karp |October 27, 2021 - 1:30PM
NYC sales are booming mostly without foreign buyers. What happens when they return?

Sales are booming in New York City even as international … recovering pretty well without them In the third quarter sales of Manhattan condos and coops more than tripled … total in more than 32 years according to the Elliman Report Sales in Brooklyn and Queens also hit new records in the …

By Jennifer White Karp |October 18, 2021 - 9:30AM
Best NYC neighborhoods to invest in—and which ones to skip—in 2021

… There are some compelling reasons to buy an investment … and socialize and that preference seems to be sticking around Buyers have definitely prioritized more residential … to be near Central Park in addition to other parks around the city is more attractive than ever Derderian says …

By Jennifer White Karp |August 27, 2021 - 12:30PM
Condos vs. townhouses: Which is a better investment in New York City?

… Manhattan townhouse is 4506 square feet according to the latest report by Douglas Elliman and has a median sale price …

By Emily Myers |January 7, 2021 - 12:30PM
Ask these questions before accepting an offer to buy your apartment

… of offer because it removes financial questions about the buyer However with mortgage rates so low even buyers who could handle an allcash offer may opt for … says Tania Isacoff Friedland a broker at Warburg Realty   Most brokers ask for the seller to complete a financial …

By Emily Myers |July 23, 2020 - 1:30PM