Explaining the New Rent Regulation Laws
Posted June 17th, 2019 by Richard Pretsfelder, Sophie Smadbeck
The New York State Legislature passed new rent regulation laws on Friday, prompting apprehension and questions within the industry. We want to keep... Read More
Guide to NYC Townhouse Garden Styles
Posted June 17th, 2019 by Leslie Garfield Team
Even for New Yorkers who spend half the summer in the Hamptons, the appeal of outdoor space in the city can't be overstated. With amenities ranging... Read More
First Half of 2019 Closes with an Increase in Sales Activity
Posted June 5th, 2019 by Richard Pretsfelder, Sophie Smadbeck
While 2019 got off to a slow start both in terms of dollar volume and pricing, there were four sales in May, including the high sale of the year at... Read More
Upper West Side Bid-Ask Spread Quarterly Report - Q2 2019
Posted June 3rd, 2019 by Richard Pretsfelder, Sophie Smadbeck
The first two months of this quarter were characterized by an unusual spike in bid-ask spread, likely due to outliers in asking price on new... Read More
Top 7 New York City Restaurants to Try This Month: May 2019
Posted May 14th, 2019 by Leslie Garfield Team
With more than 24,000 restaurants in Manhattan alone, New York has enough bistros, cafes, Michelin-starred eateries and holes-in-the-wall to give... Read More
Inventory High, Pricing and Volume Down for UWS Townhouses
Posted May 13th, 2019 by Richard Pretsfelder, Sophie Smadbeck
Through April of 2019 the Upper West Side townhouse market has shown mixed results with the number of sales flat year over year and the price per... Read More
Harlem’s Multi-Family Townhouses Are Opportunity Zone Hidden Gem
Posted May 6th, 2019 by Stanley Montfort
More than a year after the IRS introduced “Opportunity Zones” -- a chance to defer, reduce or even eliminate tax on capital gains by investing in... Read More
Cap Rates and Pricing for Upper West Side Multi-Family Townhouses
Posted April 23rd, 2019 by Richard Pretsfelder, Sophie Smadbeck
Given the nature of the current market, many investors are looking for higher cap rates on multi-family properties than they have in previous... Read More
With 14 New Contracts, The Upper East Side Shows Signs of Life
Posted April 18th, 2019 by Jed Garfield
The Upper East Side has been accused of many things -- most recently of being the slowest luxury market in Manhattan. How things have... Read More
Quarterly Report Q1 2019
Posted April 5th, 2019 by Leslie Garfield Team
Almost every neighborhood saw the same pattern during the 1st quarter: transaction volume was relatively flat from 1Q2018, but dollar volume and... Read More