Manhattan Market Intelligence

While NYC is still on its high after a terrific year in Manhattan real estate, one may wonder what this means for the state of the market...

A few of you responded to last week’s email asking why someone would consider a co-op over a condo, given the challenges with board approvals. Number one, you can usually get a much better price per square foot on a co-op versus a condo . However, there are pros and cons to both. In addition to being less expensive than condos, another benefit of co-ops is they typically have lower closing costs . Yet the flipside is they require a larger down payment and lenders tend to shy

Mortgage rates remain elevated and ongoing tariff talks continue to fuel uncertainty—but neither factor appears to be slowing down...