Category: News + Insight
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The Line: The Fed Cuts 0.25%, But Still Finds a Way to Upset Us
This week, we digest the Fed’s rate cut and have the latest on mortgage rates. Hint: it’s more treat than trick, so welcome to the Halloween edition of the Line. The Fed Cuts 0.25%, But Still Finds a Way to Upset Us As expected, the Federal Reserve reduced short-term rates by 25 basis points at their meeting this week. This…
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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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Now Is the Time to Define Your ‘Why’ in Real Estate
By David Deza, Managing Director of Brown Harris Stevens Miami When your why is clear, your business is more sustainable, your path more defined and your growth benefits not just you, but your clients and community. Agents and brokerages today are balancing unprecedented industry change while guiding clients who are under tremendous pressure from economic…
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The Line: Inflation Lower than Expected in September
Today, we present the latest on inflation and share some good news about mortgage rates. Inflation Lower than Expected in September I’m happy to report that the long-awaited September CPI report was good news, with both the monthly and annual increases coming in below forecasts. Here are the highlights of the report: To sum up, this is good news for the economy and interest rates.…
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SOS: A Call for Homeowners to Take Control
When you buy or sell a home, you’re going into one of the largest financial transactions of your life. In my recent opinion piece for RISMedia, I wanted to sound the alarm: don’t assume everything and everyone involved is working in your best interest. Transparency, exposure, and honest representation matter now more than ever. “If…
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The Upper West Side’s Condo Shortage: What It Means for Today’s Market
The Upper West Side has long been one of Manhattan’s most desirable neighborhoods, known for its tree-lined avenues, architectural charm, and proximity to Central Park. But a recent analysis reveals a striking shift: new development on the Upper West Side is slowing to a near standstill. Only 51 new condominium units are expected to be…
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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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The Condo Resale Divide: Winners, Losers, and the Future of NYC Real Estate
A new exclusive Brown Harris Stevens report on Manhattan condo resales is challenging assumptions about the city’s investment market. The data reveals one in three condos sold between July 2024 and July 2025 went for less than their purchase price, with mid-2010s buyers feeling the biggest sting. “There was a lot of extrinsic pressure to…
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Designing with Purpose: A Conversation with Bonnie Steves
Bonnie Steves, founding principal of the award-winning BJS-Assoc Interior Design, has built a reputation for creating interiors that are both sophisticated and highly livable. Her work balances timeless elegance with contemporary sensibilities, producing spaces that reflect the personality and lifestyle of each client. Drawing inspiration from nature, art, fashion, travel, and historical design movements, Bonnie…