Fabrikant Bond Team

NYC Monthly Update

NYC Monthly Update - July 2026

By Collin Bond, Esq. and Boris Fabrikant, Esq.

Manhattan is tilting toward sellers faster than it has in a year and a half. In June, rising demand met shrinking supply: contract activity jumped, the number of homes for sale fell, and the Volatility Index, the clearest single read on the balance between buyers and sellers, dropped to its lowest l...

10.07.26 08:26 AM - Comment(s)
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NYC Monthly Update - June 2026

By Collin Bond, Esq. and Boris Fabrikant, Esq.

Spotlight: New NYC Second Home Tax Signed Into Law

One of the most significant real estate developments of 2026 is New York State's approval of the new "Second Home Tax," commonly referred to as the pied-à-terre tax. Beginning July 1, 2026, owners of certain non-primary residences in New Yo...

08.06.26 08:36 AM - Comment(s)
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NYC Monthly Update - May 2026

By Collin Bond, Esq. and Boris Fabrikant, Esq.

The April market did not dramatically change course, but the tone did shift slightly. March was about broad Spring momentum returning to the market. April felt more selective. Buyers remained active across both Manhattan and Brooklyn, but they became increasingly price sensitive as inventory expande...

08.05.26 08:36 AM - Comment(s)
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NYC Monthly Update - April 2026

By Collin Bond, Esq. and Boris Fabrikant, Esq.

The NYC market moved forward in March. Contract activity increased, pricing held steady, and inventory expanded seasonally, all signs of a stable market as we enter the spring season. After a prolonged adjustment to higher borrowing costs, buyers and sellers are increasingly aligned on expectations,...

10.04.26 04:23 PM - Comment(s)
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NYC Monthly Update - March 2026

By Collin Bond, Esq. and Boris Fabrikant, Esq.

February rarely defines the year in Manhattan real estate, but it often shows where momentum is building. This year, the signal was clear: Activity remained steady overall, pricing held firm, and the top of the market delivered one of its strongest winter performances in recent memory. And the Mamda...

10.03.26 09:44 AM - Comment(s)
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