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 … … closing … contract … sellers … Job cut jitters spur NYC buyers to ask for employment contingencies …

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

… as is getting your apartment seen by as many qualified buyers as possible But have you considered how your 11th … or building  … 1 The highend living room chandelier … A buyer will typically assume that all the fixtures are going … … selling … 7 surprising dealbreakers that might sink your NYC coop or condo sale …

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

… inventory levels will be an important protection for the NYC market in the months to come We dont know if there will … in prime Brooklyn neighborhoods remains high Many buyers are looking for value which has driven the overall … Similar to Manhattan in the fourth quarter Brooklyn buyers favored smaller apartments leading to the average …

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

… 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 unexpectedly fast rise in mortgage … up from last years 3 percent historic low Interestingly NYC prices have not taken a major hit The median price of a …

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 … felt in some segments of the marketis caused by multiple factors including rising mortgage rates plunging stock and … bargain even more aggressively Brick spoke to brokers about how buyers can turn a summer slowdown to their advantage …

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