2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… upfront cost to renters since broker fees can range from 10 to 15 percent of the annual rent The Real Estate Board of … to denser development … On Dec 5th the City Council voted 31 to 20 in favor of Mayor Eric Adamss City of Yes  a … booming sales market For nearly every quarter since 2016 Brooklyn has set a record or near record median price …

By Jennifer White Karp |January 2, 2025 - 12:30PM