What Is Ultra-Luxury and Why Is It Doing So Well?
Real estate jargon is known for its hyperbole. The term “luxury” is often thrown about like confetti and in more recent years as if that wasn’t enough, “ultra-luxury” has also come into the ...
Real estate jargon is known for its hyperbole. The term “luxury” is often thrown about like confetti and in more recent years as if that wasn’t enough, “ultra-luxury” has also come into the ...
I'm not surprised that Brooklyn survived and thrived during the pandemic. The most recent dizzying sales numbers from the borough confirm what we saw during a Covid decimated 2020, that Brooklyn has some serious staying power. Last year, the qu...
The current pandemic has undoubtedly changed the world economy dramatically for quite a while to come. For real estate investors, the specter of 2008 and the fall out from 911 looms eerily for us all. The important thing to remember on both occ...
If there is one word to summarize Manhattan real estate over the last decade it has to be “luxury”. In fact, the descriptor’s been so overused – luxury condos, luxury finishes, luxury amenities – that luxury no longer became enough. �...
While much of NYC’s real estate industry frets about the fluctuating state of the luxury market, in some areas business is booming. According to a recent study by StreetEasy, parts of Queens are on fire and the trendiest and most established ...
When people think of New York brownstones, two historic areas come to mind — Harlem and Brooklyn. While Brooklyn has hardly been out of the media in recent years because of celebrity owners and dizzying gentrification, what should not be forg...
Owning a home is as much a part of American culture as baseball, apple pie, and a new Taylor Swift album. One thing’s for sure, long after Swift has stopped making music, homeowners will be benefitting from the equity in their properties, whi...
Why NYC continues to be a “safe haven” for global real estate investors
Where real estate is concerned New York has always been a world unto itself. When the crash of 2008 hit, New York was far less effected than the rest of the country ...
If there were an Olympic Games of investing in New York real estate, China wouldn’t be on the podium. In fact, they’d be nowhere near it. The Canadians, Germans, and Dutch would take that unlikely honor. I say unlikely because a few years a...
Three years ago, real estate websites were filled with stories about foreign investments in New York City. These days, not so much. According to The Real Deal, heavy hitting investors, such as sovereign wealth funds from Qatar, Norway, and Chin...