Category: News + Insight
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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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Private Listing Networks: Don’t Be Fooled by the Gimmick
By Bess Freedman I recently penned an article for Inman titled “Private Listing Networks Are the Newest Pet Rock,” where I draw a clear parallel between the fad of the silly pet rock from the 1970s and today’s push for exclusive, brokerage-only listing networks. Here’s the heart of my argument: In short: private listing networks…
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Meet Juan Yoshikay: Worth Avenue’s Rising Star
This week we spotlight Juan Yoshikay, a Rising Star Agent who joined BHS’ Palm Beach Office after launching his real estate career with Lux Properties. A Harvard Business School graduate and former financial analyst, Juan brings a data-driven perspective to the Palm Beach luxury market, combining sharp financial insight with a passion for client success.…
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Hottest Luxury Real Estate Wellness Trend: Home Saunas
Move over, home gyms! The new hallmark of luxury living is a personal sauna. Once reserved for spas and five-star hotels, saunas are now taking center stage in the homes of affluent buyers seeking both luxury lifestyle and self-care. As Business Insider recently reported, home saunas have become the ultimate “wellness flex,” signaling that a…
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The Line: Private Payrolls Down 32,000 in September
It’s the first Friday of the month, which usually means we have jobs report from the BLS to dissect. As you know, the government is currently in a shutdown, which means there won’t be a BLS September jobs report for a while. So today, we use employment data from another three-letter group: ADP. Private Payrolls…
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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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Brooklyn’s Waterfront Boom Fuels Record Prices
Brooklyn’s waterfront neighborhoods are undergoing a transformation — and the price tags are reflecting it according to new research from Brown Harris Stevens Development Marketing. In Q3 2025, closed sponsor sales in Brooklyn hit a record $1,490 per square foot, driven largely by high-profile developments like Williamsburg Wharf and One Domino Square. These two projects…
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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 Line: August Core PCE Inflation in Line with Expectations
Today, we’re all about inflation as the Fed’s favorite measure of it came out this morning. August Core PCE Inflation in Line with Expectations The core personal consumption expenditures price index—or Core PCE for short—was 2.9% higher in August than a year ago. This is good news because: After the August CPI figure came in a little higher…
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Bess Freedman on the State of the Luxury Real Estate Market: Insights from Bloomberg and CNBC
Last week, Brown Harris Stevens CEO Bess Freedman recently shared her insights on the luxury real estate market in interviews on Bloomberg Markets and CNBC’s Market Alert. Freedman highlighted how mortgage rates, while a major talking point, have less impact on high-end buyers, many of whom purchase with cash. Still, she emphasized that housing affordability…