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

… lawyer who represents foreign clients says deals involving international buyers ground to halt in 2022 That discrepancy … to do so and that should put homegrown buyers on alert International buyers typically pay allcash and that can be … pays allcashand doesnt haggle about the price Buyers from overseas dont care if the price is $23 or $24 million It …

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

… Rising mortgage rates which make buying 55 percent more expensive this year have spooked a lot of wouldbe New York City buyers sending them fleeing from the market … when you are up against allcash buyers For example you could skip the mortgage contingency There are a lot of …

By Jennifer White Karp |October 25, 2022 - 9:30AM
Has the pandemic changed what is a trophy property in NYC?

… can get with a brownstone as opposed to a luxury apartment like a penthouse It is a question to consider as … space and privacy as the pandemic appeared to shift buyers top priorities  Theres no riding the elevator or sharing … and that can be a drag on your time  But thats where the property managers come in Lindsay Barton Barrett a broker …

By Jennifer White Karp |October 27, 2021 - 1:30PM