Manhattan Market Intelligence

Now That the Pied-à-Terre Tax Has Passed, What Comes Next? Earlier this year, we discussed the proposed pied-à-terre tax and what it could mean for New York City real estate. With the legislation now approved and scheduled to take effect on July 1, 2026, the conversation is shifting from speculation to implementation. While the tax has generated strong reactions from both supporters and opponents, property owners are increasingly focused on a more practical question—Wha

Why Building Financials Matter More Than Ever in NYC Real Estate In New York City real estate, buyers have always paid close attention to purchase price. Increasingly, however, many are placing just as much focus on what comes after the closing—monthly carrying costs. Maintenance fees, common charges, insurance-related expenses, assessments, and overall building financial health are becoming just as important parts of the buying conversation, particularly as monthly costs

The Small Seller Mistakes That Can Impact a Sale In today’s real estate market, sellers often focus heavily on pricing, but some of the mistakes that can impact a sale begin well before a property officially hits the market. Presentation, preparation, marketing strategy, and early decision-making can all influence how buyers perceive a listing and, ultimately, how a property performs once it goes live. And in a market where buyers have become increasingly selective, even

Luxury Buyers Are Still Active in Manhattan, But Their Priorities May Be Changing Recent headlines surrounding the proposed pied-à-terre tax and the political rhetoric around it have raised questions about whether wealthy buyers might begin pulling back from New York City real estate. But recent luxury market activity appears to suggest otherwise. High-end sales activity in Manhattan has remained robust, reinforcing a trend we’ve discussed before—demand at the top of th