Category: News + Insight
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The Line: Consumer Prices Fell More than Expected in June
Today, we have some great news on inflation. Enjoy it while it lasts. The consumer price index declined by 0.4% last month, beating the consensus forecast of a 0.1% dip. This was the largest monthly decline in consumer prices in over six years. Over the past year the CPI was up 3.5%, which was lower than…
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What Today’s Rental Market Is Really Telling Us About Manhattan
What Record Rents Tell Us About Housing Demand in Manhattan NYC rents reached a new record high last month. While this may have been an alarming headline just a few years ago, it has become an all-too-familiar story. For many New Yorkers, rising rents continue to present a growing affordability challenge. But beyond the monthly…
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In Manhattan, New Development Above $10M Surges
The data is in, and the numbers prove that in Q2, the top-end of the market continued to thrive. Half of the total dollar value for new development contracts signed in Manhattan in Q2 2026 came from sales of units priced at $10 million or more, according to the Brown Harris Stevens Development Marketing Research…
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From Piggy Bank to Down Payment
We’ve heard plenty about young buyers struggling to purchase their first home, often relying on help from their parents, wedding registries, or even future inheritances just to afford a down payment. That raises an interesting question: what can families who can’t promise a future inheritance do to help their kids get a head start? Realtor.com…
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The Moments That Turn a House Into a Home
What Makes Someone Fall in Love With a Home? As we prepare to celebrate the 4th of July with family, friends, and neighbors, many of us will spend the holiday in a place we often take for granted—our home. Whether it’s gathering around the table for a barbecue, watching fireworks from a rooftop or terrace, or…
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Why Overpricing Is More Expensive Than Pricing Below Market
The question almost every seller asks is the same: “What if we price too low?” It’s a fair concern. No one wants to leave money on the table. But in today’s New York City market, sellers may be worrying about the wrong risk. Recent research from UrbanDigs illustrates a reality we’ve long observed in Manhattan.…
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The Line: June Job Growth Weaker than Expected
Today, we have the latest on jobs and celebrate two important holidays. Employers added 57,000 jobs last month, well below the 115,000 Dow Jones consensus forecast. Here are the other highlights of the jobs report: While this report is a bummer, especially after strong job growth in the previous three months, it’s certainly not the…
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Why Bigger Isn’t Better Anymore
Remember when bigger used to be better? More bedrooms, more square footage, more rooms you only walk through twice a year. Turns out smaller, more functional floor plans are not only in, but they are reshaping what the typical home looks like in America. According to Realtor.com, citing an analysis by the National Association of…
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How to Invest in New Development Real Estate Before Everyone Else Does
Some of the best real estate returns come from markets that most investors are not paying attention to yet. By the time everyone agrees a neighborhood is great, the easy money is already gone. In Episode 409 of The Build Up podcast, we sat down with Steve Kliegerman, President of Brown Harris Stevens Development Marketing,…
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The New Wedding Registry: A First Home Fund
Turns out the days of registering for fine China and overpriced silverware are fading fast. According to Realtor.com, more couples are ditching traditional wedding registries and asking guests to contribute to something they actually need: a down payment on their first home. After all, you can’t live in a gravy boat. Even in high-cost markets…