As we head into the holiday season, I wanted to take a moment to share this year’s holiday video — a New York tradition I look forward to creating each December, now in its eighth consecutive year. Filmed in front of the Ralph Lauren flagship at Madison Avenue and 72nd Street, it highlights another iconic landmark that makes our city so special during the holidays. I hope your holiday season is off to a great start and that you’ll take time to enjoy all that New York City has

Yesterday, the Federal Reserve issued a widely expected 25-basis-point rate cut  — its third consecutive reduction — bringing the benchmark rate to its lowest level in three years. But while borrowing costs moved lower, the tone was unmistakably cautious. As CNBC previewed ahead of the meeting, this turned out to be a true “ hawkish cut ”— a reduction paired with a message that further easing may be limited or slower than markets had hoped. Because in NYC, mortgage affordabil

A new report from PropertyShark  offers a detailed look at how long New Yorkers stay in their homes, and the results show a noteworthy divide. While Manhattan and Brooklyn tend to see faster turnover, homeowners in Queens and the Bronx hold onto their properties for significantly longer.   For buyers and sellers alike, understanding these patterns sheds light on inventory trends, pricing pressure, and the motivations behind why New Yorkers move (or don’t). Here’s what the dat

The proposed introduction of a 50-year mortgage , discussed recently by the White House, is generating a lot of conversation nationwide. Supporters argue it could help improve affordability for first-time buyers, while critics warn it may extend debt burdens and inflate home prices even further.   But one question matters most for New Yorkers: Would a 50-year mortgage even be relevant, or available, in NYC’s unique market?   Here’s a breakdown of what’s being discussed nation