Job cut jitters spur NYC buyers to ask for employment contingencies

… Spooked by layoffs in the tech industry New York City buyers are … Sellers with properties that have been on the market for threeplus months and have had multiple price drops are … are trying to make things work because they no longer have three other buyers to fall back on Gershburg says Its much …

By Jennifer White Karp |March 21, 2023 - 9:30AM
7 surprising dealbreakers that might sink your NYC co-op or condo sale

… headaches and possible insurance issues Most coops and condos have lots of rules about renovations …

By Emily Myers |March 15, 2023 - 9:02AM
Brooklyn’s median price slips but sellers are doing better than in Manhattan

… If you sold a place in Brooklyn during the last quarter you probably got less than … less than it was prepandemic and sales are up Those are the three points that are consistent across the three boroughs Miller says Gregory Heym the chief economist …

By Jennifer White Karp |January 12, 2023 - 12:00PM
How are sellers getting deals done in a market that favors no one?

… Now that the New York City sales market no longer favors sellers or buyers really how are sellers managing to get deals done Sellers are dealing with buyers unnerved by an … less than expected for that floor It wasnt clear at first why the price was so much lower Was it an estate sale or was …

By Jennifer White Karp |September 13, 2022 - 3:00PM
How NYC buyers can take advantage of the summer sales slowdown

… that could be good news for buyers who are unscathed by current economic conditions The slowdownwhich is already being … typically a slow time for sales but this summer feels different brokers say I am anticipating an absolutely dead summer … continue raising interest rates will just solidify the current downturn My sense is that we are going into a buyers …

By Jennifer White Karp |June 30, 2022 - 4:30PM