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Blog PostBronxMarket Insights

The Three Most Influential Factors Impacting Upper Manhattan & Bronx Apartment Buildings In 2022

The most common question clients ask me is: what’s happening in the market today? I answer this question with comparable context. Let’s review how interest rates, property taxes and compliance in the beginning of 2022 are different from the end of 2021. Spoiler Alert! The factors we’ll run through have negative impacts on value, but the result of my findings is that values have remained remarkably stable.
Seth Glasser
March 3, 2022
Blog PostMarket InsightsSuccess Story

Selling Manhattan Trophy Properties for $100,000,000 + During the Pandemic

In spring 2020, NYC was the national epicenter of COVID-19. And while people and the city are starting to recover, the economic and real estate impacts of the pandemic are still being felt. All property operators, sellers, and buyers are affected by recent changes and have questions about how to navigate the obstacles and opportunities of the real estate landscape right now.
NYM Group
February 4, 2021
Market Insights

How COVID-19 Will Affect Multifamily in the Next Year

In spring 2020, NYC was the national epicenter of COVID-19. And while people and the city are starting to recover, the economic and real estate impacts of the pandemic are still being felt. All property operators, sellers, and buyers are affected by recent changes and have questions about how to navigate the obstacles and opportunities of the real estate landscape right now.
NYM Group
December 3, 2020
Market Insights

Today’s Obstacles & Opportunities in NYC Multifamily

In spring 2020, NYC was the national epicenter of COVID-19. And while people and the city are starting to recover, the economic and real estate impacts of the pandemic are still being felt. All property operators, sellers, and buyers are affected by recent changes and have questions about how to navigate the obstacles and opportunities of the real estate landscape right now.
NYM Group
June 16, 2020
Market Insights

NYM Monthly Metrics – February 2020

NYM had an active month in February with a total of $275,040,000 in activity! This month we listed 12 properties totaling $134,965,000. Last month we closed on 1388 Second Avenue for $5,975,000. The building contains 9 residential units and 2 commercial units.
NYM Group
March 5, 2020