The real estate market in New York City isn’t what it was in the recent past—a fact that troubled many brokers, but which for buyers was a good thing. Across the market, prices are still well below their height of a few years ago, and s…
For years, people talked about how the housing market in New York City was “recession-proof;” how buyers' desire to live in New York City would always trump any housing problems the rest of the country was experiencing. But as the calend…
As the housing market boomed in the early parts of the last decade, apartments in New York City seemed to be snapped up mere days (sometimes mere hours) after being put on the market. As the trend continued, thousands of people set out t…
When Harris Scher was listening to his instructors in class last year, he took a good look at the jam-packed room filled with 300 students who had the same aspirations as he had — to have a successful career as a licensed real estate s…
In the last four or five years, the tri-state real estate industry has borne witness to seismic shifts in the balance of power among real estate brokerage firms. Companies that are giants in their own right have merged with others, creatin…
In the past, if you were considering buying a co-op or condo apartment, you would have relied mostly upon the classified ads in the local newspapers and journals to find your broker and your new home - or perhaps you would have passed seve…