Fewer buyers, steeper rents, and costlier renovations: How tariffs could impact NYC real estate

… The Trump administrations new tariffs on foreign goods have rattled the stock … began hiking prices in anticipation of new tariffs Spencer Levine president of developer RAL Companies said … plunge the US economy into a recession forcing the Federal Reserve to lower its benchmark interest rate Miller said But …

By Celia Young |April 17, 2025 - 11:30AM
Can I review my buyer's application before it goes to the co-op board?

… … Typically a seller does not review their buyers coop application That job falls to the … agrees to it  The seller should consider the downsides to reviewing the application If the buyers identity gets stolen … most cases the seller is not the most qualified person to review the applicationtheir broker is Hiring a seasoned …

By Celia Young |July 1, 2024 - 10:30AM
What sellers need to know about all-cash vs. mortgage-contingent offers in NYC

… who needed financing I said do me a favor find out more about these two buyerswho they are does the allcash person … a broker at Douglas Elliman If you are still concerned about a borrower Luftig and Perlowitz suggest being … below for workarounds The whole idea behind cash offers is about minimizing the risk Schulz says I get itgoing with a …

By Evelyn Battaglia |May 25, 2023 - 2:45PM