In New York City, the streets have come to life. Every evening, hordes of diners flock to outdoor tables at the city’s restaurants, on Madison and Columbus Avenues uptown, on West Broadway in Tribeca, on Smith… More
Here is the good news for New York real estate agents: On April 9th, a New York State Supreme Court judge struck down a ruling forbidding most rental agents from collecting commissions from tenants. The judge… More
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
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...