There's no question about it: economically speaking, it's been a very weird couple of years here in Gotham. While the outright market collapse so many feared seems to have been largely avoided, sellers who have seen double-digit declin…
Tag: Kirk Henckels
New York City's real estate market has certainly seen its bumps and bruises over the last couple of years, but according to sales agents in the Manhattan luxury market, buyers are still buying – but their faces have changed, and they're…
The year 2008 is likely to go down in history as one of the most disappointing (or maybe flat-out alarming) for the U.S. economy in general. To be fair, the city hasn’t suffered as much as most of the nation has—but the co-op and condo …
As 2007 came to a close, it seemed that the real estate market in nearly every part of the country had cooled. But in New York City, although movement had slowed, the market did not take a downturn as many had expected. Co-ops and condos…
An old adage of the real estate game speaks of the importance of "location, location, location," meaning that value goes up (or down) depending on where a property for sale is located. The hot 'location' in New York is constantly moving. Al…
By now, the New York City real estate market has become nearly legendary. Always one of the top three costliest American cities in which to live, the Big Apple also gives Tokyo, London, and other notoriously expensive cities a run for …
Whatever goes up is supposed to come down, but when it comes to the New York City real estate market, the laws of gravity may not necessarily apply. Experts say the industry that enjoyed good times in 2004 will continue to be healthy throu…