Author: Serj Markarian
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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…