NYC Monthly Update

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)

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)

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)

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)

As we begin 2026, many of the forces that shaped the New York City real estate market in 2025 remain in place. Buyers and sellers are operating in a landscape influenced by evolving regulations, shifting commuting patterns, and a steady but cautious financial environment. The market is not booming, ...

11.02.26 09:59 AM - Comment(s)

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