They're back: NYC buyers can expect more competition from foreign investors in 2023

… Billionaires Row to offshore investors Fry says Big marquee purchases aside one prominent law firm says deals involving …

By Jennifer White Karp |January 3, 2023 - 11:30AM
Buying plans on hold for now? Here's what you can do to gain an advantage later

… use a broker You also need to have more funds than just the purchase price Many people dont understand closing costs   …

By Jennifer White Karp |October 25, 2022 - 9:30AM
New money and suburban-style living: A look at what's fueling the fever for NYC luxury penthouses

… are back at long last after being kept away by pandemic travel restrictions But brokers say demand is also coming … Vickey Barron a broker at Compass is working with a small family thats looking for a penthouse in the $15 to $22 … reports Buyers are willing to pay a premium for an iconic location projects like The Legion condominium at 109 …

By Jennifer White Karp |April 6, 2022 - 12:30PM
Is now the right time to sell in NYC? Brokers sound off on six scenarios

… to wait They need to tap equity in their place for another purchase and arent in a position to time the market But if … feet  I would say that larger apartments are typically purchased by families and those purchasers tend to not want to move during the holidays and …

By Emily Myers |November 2, 2021 - 9:30AM
Has the pandemic changed what is a trophy property in NYC?

… feet and 907 exterior square feetand threebedroomswas purchased by a bachelor What penthouses have over brownstone …

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

… have seen this year has been primarily driven by domestic purchasers With restrictions easing we expect global buyers …

By Jennifer White Karp |October 18, 2021 - 9:30AM
Newly comfortable with online tours, some buyers make offers on condos sight unseen

… at 225 Cherry St in the Two Bridges neighborhood were purchased sight unseen For the condos currently available … world People are feeling more comfortable with an online purchase which is definitely a trend we have experienced …

By Jennifer White Karp |April 1, 2021 - 1:30PM