Author: Serj Markarian
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NYC Luxury Market Surges After Election Week: Why Confidence Remains High
Following an already strong fall season, Manhattan’s luxury market showed no signs of slowing down after election week. Luxury contracts soared during the second week of November, marking the strongest performance since May and signaling renewed buyer confidence across the high-end market. Momentum Carries Through Fall Even amid the uncertainty surrounding New York City’s mayoral election,…
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A Winter Guide to Renovating Your NYC Home Before Selling
As the holiday season approaches and real estate activity slows, this is the ideal time to start planning if you’re considering listing your home in the spring. The market remains healthy heading into winter and is expected to stay active into 2026, so now is the time to prepare. Start Early to Avoid Delays One of…
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NYC Luxury Real Estate Outlook: Why the Market Looks Set to Thrive This Winter
After a strong start to fall, New York City’s housing market shows no signs of cooling as we head into winter. Manhattan’s luxury segment, in particular, continues to outperform expectations—buoyed by resilient buyer demand, limited supply, and renewed optimism from Wall Street. Luxury sales in Manhattan jumped 13.6% in the third quarter, marking one of…
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Brooklyn and Manhattan Real Estate See Strongest Start to Fall Since 2021
The fall 2025 home-buying season in New York City is off to a lively start. According to StreetEasy, September marked the highest volume of contracts for the month since 2021, and particularly in Brooklyn, where buyers are facing increasing competition and bidding wars. Let’s break down what this means for buyers, especially those looking in Brooklyn, and…
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NYC Condo Market: Is It Still Worth Investing Today?
A recent analysis from The Real Deal took a close look at Manhattan’s condo market and found that many investors who purchased between 2016 and 2020 haven’t seen the returns they expected. According to the report, roughly one in three condo resales over the past year sold at a loss, with new development buyers hit the…
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Q3 2025 Manhattan Market Report: Sales Rise as Rates Ease
Helped by a booming stock market and easing mortgage rates, Manhattan’s housing market stayed resilient through the third quarter of 2025. Sales activity climbed, prices held steady year-over-year, and confidence remained strong heading into the final stretch of the year. Key Takeaways What This Means for Sellers and Buyers With rates trending lower and financial markets…
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10 Steps to Successfully Sell Your Home in New York City
Selling a home in New York City can feel complicated, but with the right plan in place, it doesn’t have to be. Over the years, I’ve guided many clients through the process, and I’ve found that having a clear roadmap makes all the difference. That’s why I put together this list of 10 steps to…
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Big Firms, Big Promises — But Do They Deliver?
The recent acquisition of Anywhere by Compass marks one of the largest consolidations in the history of the U.S. brokerage landscape. On paper, it’s the kind of deal that signals strength: more agents, more offices, more scale. But as Bess Freedman, CEO of Brown Harris Stevens, reminds us that “bigger doesn’t always mean better,” especially…
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The House Doesn’t Always Win: NYC Casinos Face Tough Odds
This week, New York’s casino race dealt two high-profile proposals a losing hand. Both Silverstein Properties’ Avenir project on the West Side and the Caesars/SL Green bid for Times Square were rejected by the Community Advisory Committee. On paper, these weren’t just casinos—they were ambitious mixed-use visions promising thousands of new apartments, hotels, cultural venues, and…
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Fed Rate Cut Looms—What It Could Mean for Sellers
Markets are nearly unanimous that the Federal Reserve will cut interest rates at its September meeting, with odds close to 90% for a reduction. In fact, Brown Harris Stevens Chief Economist Greg Heym noted that the August jobs report shows a softening labor market with weak hiring and rising unemployment—leaving the Fed with little choice…