Tag Archives: foreign buyers

NYC Rents Negatively* Impacted By The Law Of Supply And Demand

NYC luxury rentals

Negatively of course if you are an apartment owner or developer and positively if you are a prospective tenant! Economics 101: More supply in the face of steady or even declining demand, regardless of the product, will lead to lower prices! Of course in the category of luxury Manhattan rental apartments, there are other variables […]

Is High-End Real Estate Getting Soft?

The answer to the question will depend on the location of the home but, some anecdotal evidence is pointing to an answer of yes! Anyone who knows about real estate knows that the three most important factors concerning the attractiveness of a property are location, location and location! For high-end markets like the one in New […]