Weekly Manhattan real estate report

23 October 2023

As of October 23, 2023, the real estate market is still very dynamic. The number of properties on the market witnessed a substantial increase with 392 new listings for sale this week, a rise of +16.3% from the week before. […]

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REBNY adopts new buyer’s agent commission rules

20 October 2023

The Real Estate Board of New York (REBNY) is introducing changes to buyer’s agent commission rules, effective January 1, sparking reactions among agents. Under the new rules, listing brokers will no longer pay buyer’s agents; instead, sellers will directly compensate […]

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Financial District (Downtown Manhattan): a safe real estate investment.

17 October 2023

Located at Manhattan’s southern point, the Financial District (“FiDi”) is a blend of history and modern urban living. Home to iconic financial institutions like the New York Stock Exchange and the Federal Reserve Bank, it’s a hub of financial power. […]

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Manhattan weekly real estate market report !

16 October 2023

New York experienced slight fluctuations in the real estate sector over the past week. Although the supply showed a minor decrease, it remains in line with trends from previous years. Over the past week, 360 new properties were listed on […]

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NYC landlords observe a stagnation in rent growth.

13 October 2023

It appears that the rapid rent increase that dominated the New York City real estate market for over two years is slowing down. Visible signs of this decreasing trend include an observed decline in Manhattan’s median rent to $4,350 in […]

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Analysis of Manhattan’s weekly real estate market: 10/9/2023

9 October 2023

The real estate scene in Manhattan, is showing some interesting moves lately. Although the supply has gone slightly down, sitting at just under 7,500 units this week, the new listings have dipped but are still similar to what we’ve seen […]

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Florida tops New York in housing market value

9 October 2023

In September 2023, Florida surpassed New York State for the 1st time in its history, clinching the title of the second most valuable housing market in the U.S. Zillow’s research indicates Florida’s housing market’s worth is now at $3.8 trillion, […]

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AI takes Manhattan: the silent revolution in real estate !

9 October 2023

Manhattan, with its towering skyscrapers, is unknowingly undergoing transformation within the real estate sector.  Introducing Emily, Brook, and Maya,  AI assistants steadily reshaping how home-seekers navigate the complex New York property landscape..  Elise AI, a New yorker innovative startup platform […]

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The 2023 new constructions boom: a look into New York City’s construction landscape

26 September 2023

New York City’s construction sector has seen a remarkable resurgence in 2023, breathing new life into the city’s skyline. A significant number of new developments are underway, signaling a vibrant phase for the city’s real estate market. Burgeoning construction projects […]

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