Manhattan Real Estate: Why Limited Supply Matters in Fall 2026

30 October 2026

Market update — October 30, 2026. For buyers planning a New York purchase, the question is often whether to act now or wait for more choice. This autumn, a useful starting point is the availability of homes that actually match […]

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New York Real Estate: Luxury Market Remains Active as Pied-à-Terre Taxation Evolves

31 August 2026

Manhattan’s high-end real estate market continues to show sustained activity despite a more selective environment. At the same time, changes in the taxation of certain non-primary residences are introducing a new consideration for buyers and investors in New York. 98 […]

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New York’s Pied-à-Terre Tax: Are Rental Property Investors Really Safe?

12 June 2026

Since New York State adopted the new Pied-à-Terre Tax as part of its 2026 budget, most attention has focused on wealthy owners of luxury second homes in Manhattan. However, the implementation rules recently proposed by the New York City Department […]

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New York’s New Pied-à-Terre Tax: What Buyers Need to Know

4 June 2026

For more than a decade, the so-called “Pied-à-Terre Tax” has repeatedly surfaced in New York political discussions. Long debated but never enacted, this tax targeting certain high-value secondary residences finally reached a major milestone in 2026. So what exactly is […]

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New development market in New York City returns to pre-pandemic levels

4 October 2024

The new development market in New York City is making a strong comeback, nearing pre-pandemic performance. Despite closed sales being down nearly 13% year-over-year, contract signings saw an 8% increase in the third quarter, according to data from Marketproof. Contracts […]

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Valued at $22M, bought for $35M: How much is a distressed office worth?

20 September 2024

The ongoing saga of 16 East 40th Street, a modest, century-old office building in Midtown Manhattan, sheds light on the uncertainties surrounding the valuation of distressed office assets in today’s market. The building, co-owned by Albert Monasebian and Nader Hakakian, […]

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Brooklyn poised to outpace Manhattan in new development sales

13 September 2024

Brooklyn is gaining momentum in the new development market, with August showing a significant uptick in contracts, while Manhattan remains steady and the luxury market struggles, according to Marketproof’s monthly report. In August, 246 contracts were signed citywide, slightly up […]

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Miami and New York Real Estate Investment Conference — Archive

5 September 2024

This archive preserves an invitation to a conference about real estate investment in Miami and New York, announced for September 10, 2024, at 7 p.m. The event date has passed. For current information about a property project in the United […]

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Transforming Times Square: RXR and SL Green Eye Office-to-Residential Conversion at 5 Times Square

16 August 2024

Scott Rechler and Marc Holliday, leaders of RXR and SL Green, are considering transforming 5 Times Square from an office building into residential units, according to sources cited by Commercial Observer. This move suggests a shift in strategy, particularly as […]

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