Job cut jitters spur NYC buyers to ask for employment contingencies

… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts … escape plan is making a comeback and could also appeal to buyers concerned by recent bank failures as per a recent report in the Wall Street Journal But buyers need to tread carefully Any contingency makes a real …

By Jennifer White Karp |March 21, 2023 - 9:30AM
Brooklyn’s median price slips but sellers are doing better than in Manhattan

… doing better than your counterparts in Manhattan where the median price fell more precipitously In the fourth quarter of 2022 Brooklyns median sales price slipped quarterly for the first time in eight … in prime Brooklyn neighborhoods remains high Many buyers are looking for value which has driven the overall …

By Jennifer White Karp |January 12, 2023 - 12:00PM