24 NYC neighborhoods where median prices more than doubled in the past decade

… the frenzy of the pandemic as high mortgage rates impact buying power but prices have not dropped said Eliza Theiss … ever present and overall extreme price growth is somewhat of an expectation for NYC real estate she said … What … work fueled increases in areas that are competitive for buyers as well as areas that are just starting to see signs …

By Jennifer White Karp |June 20, 2025 - 9:30AM
Private listings: What NYC sellers and buyers need to know about the off-market controversy

… Testing the market with a private listing is no longer just for celebrity and highnet worth sellers Major real estate … cobrokering and the dangers of private exclusive networks Selling privately is antithetical to how real estate should … that are unfamiliarand may be in conflict I would have a lawyer on hand even as you start looking and to look at …

By Jennifer White Karp |April 28, 2025 - 3:15PM
A co-op building wants only all-cash offers. Is that a red flag?

… restriction like this is legal and could indicate that the coop is looking for financially secure buyers our experts … said Deanna Kory a broker at Corcoran When you go to sell your buyer pool will be far more restricted so it may take … pros and cons of buying in a building that requires allcash offersif you can afford to pay up front  The question for …

By Celia Young |June 17, 2024 - 12:00PM
3 ways NYC buyers can take advantage of falling mortgage rates

… the sales market The average 30year fixed mortgage rate dropped to nearly 65 percent earlier this month after peaking … been renting temporarily while they wait for more favorable conditions Still with low listings and asking prices very … million windfall he explains … Wait it out and enjoy the chase … If you dont have to move right away because of a job …

By Jennifer White Karp |January 16, 2024 - 3:00PM
Closing credits seal the deal but can mislead the next buyer

… If youre looking to buy a coop or condo in New York City and come across an … scenario can risk overpayingparticularly in light of a rule change from the Real Estate Board of New York that goes into … amount of the credit explains Jonathan Helfer a partner at law firm  Romer Debbas  who comanages the firms residential …

By Jennifer White Karp |December 29, 2023 - 11:30AM
What you can get for $1 million in Hell's Kitchen, an eclectic area that's 'close to everything'

… get to many key Manhattan destinations from here Central Park Midtown offices public transportation Broadway theaters … says most are priced around $15 million or more In newer condominium developments twobedroom twobath units range from … Aìlvaro Siza 611 West 56th St  opened in 2021 The 35story tower has 77 units an outdoor garden mezzanine entertaining …

By Nancy A. Ruhling |December 20, 2023 - 9:45AM
What you can buy for $1 million in Lenox Hill

… $25 million  If your goal is to live large think small Buying a studio or one bedroom is a way to net the nabe of your dreams New to  buying NYC real estate  Be sure to wrap your head around the … offering a quintessential New York City experience … What draws buyers to the neighborhood … Away from commercial …

By Nancy A. Ruhling |November 22, 2023 - 9:30AM