As the city wakes from its summertime languor and the real estate market climbs out of its customary August slump, it's a perfect time to look at what's in store for the rest of the year. And with recent reports of softening in the sales and rental markets, as well as 421a confusion, L train shutdown mania, and uncertainty over the election, suffice it to say the next few months are likely to be anything but boring. Below, what NYC buyers, sellers, and renters can expect as the weather cools:
Is there really wiggle room in the sales market, or is it just for the ultra-rich?
Over the last several months, there's been a much-discussed "softening"—broker code for slowdown—in sales for the headline-grabbing, multi-million-dollar condos at the very top of t... Read More