How the pandemic has changed buying a NYC apartment as an investment

… her buyers are looking for a piedàterre an apartment for an adult child or a place that they will move into eventually … into your profit and there are taxes on top of that The bad news Theyre even lower now PreCovid we were seeing cap rates …

By Jennifer White Karp |November 16, 2020 - 3:30PM
Here are the NYC apartments for sale with the deepest price chops in January

… New York City sellers were more willing to slash their listing prices in … addresses with the biggest dollar price drops are all in Manhattan A penthouse at the Chelsea building designed by … pack with a price drop of $4775000 or 161 percent off That condo was also in last months report in the number two spot …

By Austin Havens-Bowen |February 4, 2020 - 3:00PM
7 reasons why iBuying won’t take off in NYC

… You may have heard of iBuying which promises to simplify the complicated process of selling your apartment or house With iBuying you skip the … last quarter was $610000 in Brooklyn it was $800000 and in Manhattan it was $999000 according to Douglas Ellimans …

By Emily Myers |February 3, 2020 - 9:00AM