If you’re familiar with real estate television, you’ve probably heard of the Netflix show Owning Manhattan. The series follows luxury real estate agents selling multimillion-dollar properties throughout New York City. It’s entertaining, and it showcases a side of the industry that many people aspire to join. But there is another side of New York real… Read more »
Every listing — whether it’s a sales listing, apartment rental, or commercial rental — is an opportunity to experience a different part of New York City and better understand what renters are actually looking for in each neighborhood. That was the case recently while renting a three-bedroom apartment in “East Williamsburg.” I say “East Williamsburg”… Read more »
If you own an apartment in NYC and are thinking about leasing it, one thing I’ve learned working in real estate is that every unit has something that makes it marketable. The challenge is identifying the qualities renters actually respond to and positioning the apartment correctly in the market. Some apartments rent because they’re close… Read more »
It’s generally perceived that the real estate market speeds up when it gets warmer outside. Sure, I’ve had months in November and December where I’ve rented a good number of apartments or had sales deals come together. But more often than not, these winter months are slow and quiet—which can be nice if I’ve had… Read more »
Almost a year ago, New York City passed the FARE Act, which prevents real estate agents from collecting broker fees from tenants when the landlord hires an agent to list their apartment. The whole thing got a good amount of attention—people claimed that free-market rents would increase if the law was changed. I’ve been a… Read more »
Are you an investor looking for a cash-flowing property in North Brooklyn (Bushwick / Bed-Stuy)? Contact me. I’m currently in touch with two property owners who are looking to sell their buildings off-market. One property is finishing renovations, while the other is fully complete with tenants already in place. Both are expected to trade at… Read more »
If you own a commercial property in Brooklyn, one question matters more than anything else: “Am I getting the highest possible rent for my space?” I recently worked with the owner of a building at 313 Knickerbocker Avenue in Bushwick to lease both of their commercial units—and the results highlight what it takes to maximize… Read more »
For years, the prevailing narrative in New York City was that there simply wasn’t enough housing to go around. But lately, walking the streets and working in real estate, I’m seeing new development everywhere—and it feels like NYC housing development is finally gaining real momentum. How Zoning Changes Are Reshaping NYC Real Estate Recent zoning… Read more »
When it comes to renting your apartment in Williamsburg, there are a few things to consider: amenities inside the apartment, cleanliness of the building, and exactly where in Williamsburg the property is. The reality is that you don’t have to go overboard with renovations when you’re looking to rent an apartment. The apartment should just… Read more »
I’ve always found it interesting how NYC legislation can affect the value of different types of buildings, though I probably shouldn’t be surprised. Recent legislation has dramatically increased the value of manufacturing buildings in Brooklyn (especially along Atlantic Avenue on the border of Bed-Stuy and Crown Heights) over the past few years. The City of… Read more »