As we head into the final quarter of 2023, what factors are contributing and controlling the co-op and condo market? To a great extent, the same factors that have controlled it for the past few years: stubbornly high interest rates, the lin…
The doubling of interest rates in the past 18 months has certainly had a chilling effect on sales of all types of private homes, whether they be condos high in the sky, co-ops in quaint, pre-war walk-ups, or detached single family homes in …
You’ve probably seen people of all descriptions playing pickleball - a super-adaptable hybrid that uses oversized ping-pong paddles to lob a hollow, perforated plastic ball back and forth over a tennis net. The game is accessible to players…
According to a new study by Construction Coverage, a website that provides construction insurance guides, looking at the U.S. locations with the most millennial homebuyers, Millennials—generally regarded as individuals born between 1981…
Every neighborhood - even every block, in some cities - has its own personality, its own charms…and its own issues, from lack of street parking to noisy construction sites to marauding feral cats. Whereas in decades past, neighbors might bu…
Among the many lingering effects of the pandemic in NYC is a surfeit of empty commercial spaces - many of them on the ground floors of co-op and condominium properties. Lack of street traffic, supply chain issues, and other obstacles proved…
Conventional wisdom in the New York real estate world holds that certain types of buyers prefer condominiums over co-ops. They include foreign buyers, those seeking pieds-a-terre, and those unthrilled with the extensive financial and person…
With limited space, neighbors on all sides, and no back (or front) yards, apartment living has always been about the amenities. The newest must-have? Quiet rooms. A direct outgrowth of pandemic-related limitations and peoples’ desperate ne…
According to a June 14 press release , the National Housing Conference (NHC) in partnership with the Black Homeownership Collaborative has developed a free mortgage affordability calculator to help all home-seekers - particularly those f…
As The New York Times pointed out on May 18, 2023, the national home sales market is in a state of gridlock. This is largely thanks to short supply in the resale market, which is itself the result of potential sellers – those who ordina…