Tag: manhattan
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The Pied-à-Terre Tax Is Coming: What NYC Owners Should Know
Now That the Pied-à-Terre Tax Has Passed, What Comes Next? Earlier this year, we discussed the proposed pied-à-terre tax and what it could mean for New York City real estate. With the legislation now approved and scheduled to take effect on July 1, 2026, the conversation is shifting from speculation to implementation. While the tax has…
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The Line: May Job Growth Much Higher than Expected
This week, we have the latest on the labor market, which has taken off like a rocket in the past three months. May Job Growth Much Higher than Expected Payrolls rose by 172,000 last month, easily beating the consensus estimate of 80,000. Here are the other headlines from the Labor Department’s report: So, this is…
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How Housing Affordability Is Reshaping Family Dynamics
Rising home prices and elevated mortgage rates are changing not only how Americans buy homes, but also how families manage wealth across generations. Two recent Realtor.com articles highlight both the benefits and growing tensions surrounding multigenerational wealth and housing. Younger generations are becoming increasingly dependent on family wealth and inheritance to secure a financial future.…
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Can You Really Have It All: What does Amenity Rich Living Really Mean?
Can you really have it all? What does amenity rich living mean to you, and how important is it in your decision-making process? These questions came to mind as I recently began working with a remarkable client. After 45 years with the airlines, having traveled extensively, speaking several languages and having lived abroad in Italy,…
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Back to BHS: Rachel Glazer Discusses Her Return and What’s Ahead
In this week’s BHS Agent Spotlight, we sat down with top-producing agent Rachel Glazer, who recently returned home to Brown Harris Stevens after building a highly successful career that has generated more than $1.5 billion in sales. Previously one of the top agents companywide at Compass, Rachel has joined our Downtown Office, bringing her market…
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The Year Was 1985
The year was 1985. Ronald Reagan was in the White House, Madonna ruled the charts, shoulder pads ruled the office, and moviegoers were lining up to see Back to the Future and The Breakfast Club. It was also the year of Live Aid, the global benefit concert for Ethiopia that brought millions together through music.…
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Where Summer Is Served: Dining Al Fresco
The best table in the house this time of year usually isn’t in the house at all. From covered patios and garden courtyards to rooftop terraces and poolside setups, these five Brown Harris Stevens listings showcase some of our favorite places to dine al fresco this season. 33 Ford Road Good food deserves a good…
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How the Northeast Housing Surge May Reshape Renting for Gen Z
A major apartment construction boom is happening across the Northeast and it could begin reshaping the rental market for Gen Z over the next few years. According to a recent report from Realtor.com, completed multifamily housing units in the region rose 42% year over year in the first quarter of 2026, while new apartment starts…
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Not Your Average Floor Plan: Four Listings with Unexpected Features
Not every listing stands out for the reasons you’d expect. It’s not always about square footage or views. Sometimes it’s a surprise feature that makes you stop and look twice. An indoor handcrafted slide in Pinecrest. A triple-height basketball court in Greenwich. A private garage in the West Village with a duplex beyond it that…
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Why Affluent Buyer Preferences Continue to Influence NYC’s Luxury Market
Luxury Buyers Are Still Active in Manhattan, But Their Priorities May Be Changing Recent headlines surrounding the proposed pied-à-terre tax and the political rhetoric around it have raised questions about whether wealthy buyers might begin pulling back from New York City real estate. But recent luxury market activity appears to suggest otherwise. High-end sales…