• Weekly Manhattan & Brooklyn Market Update: 2/3,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market Update: 2/3

    Rihards Gederts - Elegran | Forbes Global Properties January defied historical trends, with contract volume falling 10% in Manhattan and 21% in Brooklyn compared to December. This marked a weaker-than-usual start to the year. Typically, Manhattan sees a slight uptick in January, while Brooklyn exper

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  • Manhattan's moment: why the borough is set to break through an 8-year property price ceiling,Forbes Global Properties

    Manhattan's moment: why the borough is set to break through an 8-year property price ceiling

    New Yorkers are tough. Their economy is too. If history serves as any guide, Manhattan’s economy doesn’t just recover from times of crisis – it comes back roaring. Take the 2008 financial crash. Less than a decade later, unemployment hit a historic low. And two years after the 9/11 attacks, the city

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  • Weekly Manhattan & Brooklyn Market Update: 1/27,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market Update: 1/27

    Rihards Gederts - Elegran | Forbes Global Properties Navigating a Punishingly Efficient Market This week’s market activity highlights the unique dynamics of today’s punishingly efficient real estate environment. Sellers of well-positioned, appropriately priced properties continue to attract buyer in

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