Since January of this year, our local real estate market, always a bellwether of sentiment about the city, has caught fire. In every price category, supply dwindled and sales and rental absorption rates quickened greatly. The… More
Every New York real estate buyer wants to ”wait a little longer and buy at the bottom of the market.” Agents hear this refrain over and over again during every downturn. And, of course, who doesn’t… More
A buyer clicks on her computer. She googles “Real Estate New York City”. Below the slew of ads, several citywide search engines appear, with Realtor.com and Zillow atop the list. The buyer chooses one and refines… More
The seller is worried. She owns a lovely pre-war duplex on the Upper West Side of Manhattan. It needs renovation and is priced accordingly. She e-mails her agent to note that asking prices seem to have… More
New York buyers are feeling shocked to discover that half the properties they saw last week have accepted offers. Sellers, equally surprised but more pleasantly so, are discovering that the first offer they receive may well… More
On January 20, Joseph Biden became the 46th President of the United States. The day has inspired both excitement and apprehension in many Americans: excitement because change is coming and apprehension about what the weeks ahead will… More
In real estate, the facts are the facts. As the country watched the drama unfold over the past week, first at the Capitol Building and now, perhaps, at state capitals all over the country, legislators on… More
FREDERICK W. PETERS
is Chief Executive Officer of Warburg Realty Partnership. A graduate of Yale College with a Masters Degree from CUNY, Frederick entered the real estate business as a residential agent in 1980. After working as a Sales Director at Albert B. Ashforth for a number of...