In this blog, we regularly advocate working with a rental  agent that you can trust .   New York is a fast moving, highly competitive housing market, which means you need to know who you are working with. Sadly, there are many people in the world who try to take advantage of this. If you do decide to work with someone outside of Oxford or...

    Manhattan is developing around 2.4MM sqft in new retail space, which means: $374,400,000 in potential new gross rent revenue for the retail market alone. Swatch and Victoria’s Secret take the biggest rents: reaching up to $35 Million in annual rent! Bulgari spends over $5,300 per square...

    Average rental prices climbed for the 23rd consecutive month to $4,073. Average Condo prices in NYC are now around $2,662,100; while average prices reach $1.15 million. Buying is a better option for higher income earners, while rentals are a...

Luxury median sales prices surged by 25% to over $6MM from Q4 2014. New Development closing sales prices rose by 15.37% to $2,059,411 Closing time to close deals has fallen by 21.9% to 82 days, from 105 days in Q4 2014   The fourth quarter Manhattan market ended seeing fantastic price movement. Median sales prices rose 17.3%,...

The New York City Department of Finance has priced the “Full Market Value” of NYC to be $1,071,973,871,651 (Trillion)!   Tax Revenues to grow to over $211 Billion due to new inventory by FY2017.   Brooklyn sees the greatest growth; however, Manhattan dominates in terms of total dollar value invested.   Commercial property...

    Average deal execution is down from 2014 Levels in 2015 but the sector continues to do well. 2014 saw significant blockbuster deals, which created a disproportioned market and unrealistic expectation in retail prices by...

The old saying is that there are three “L’s” in real estate – location, location, location. For many living in Brooklyn, the fourth “L” is a train.   The convenience and amenities of any community can raise a property’s value. When shopping for a new place to live, it’s important to consider location in relation to your work and where you would...