Tag: serj markarian
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Interest Rates Are Holding, But Buyer Behavior Is Changing
Rates Aren’t Dropping Anytime Soon and What That Means for NYC Buyers Many buyers have spent the past year waiting for interest rates to come down before entering the market. It’s a reasonable strategy, but recent signals from the Federal Reserve suggest that meaningful rate cuts may take longer than expected. As discussed earlier this…
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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 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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What’s Ahead for NYC Real Estate in 2025?
Brown Harris Stevens Broker Serj Markarian shares his forecast for New York City real estate in the new year.
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Fall Buyers May Emerge on Heels of Inflation Drop
For those eager to buy but holding off to see what the Fed might do, this could be your cue to start your search.
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Taking the Perks of Luxury Living to the Next Level
Although you may not have the means to employ a personal assistant, there is an alternative that is becoming common- concierge services.