Real Estate

March 10, 2023

Manhattan Luxury Real Estate Market Update March 5, 2023

For the week of February 27th to March 5th, 2023, 31 contracts were signed for $4M and above, 8 more than the previous week's count. It’s the second time we exceeded more than 30 contracts signed this year. The top apartment was listed at $14,500,000 for the 64th floor at …

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Feb. 23, 2023

NYC Housing Market: 2023 Predictions, Outlook, and Trends

The New York City housing market offers buyers and sellers abundant opportunities to build wealth and enjoy a premier urban lifestyle, from Uptown to the Financial District and from the East River to the Hudson.

 

A global center of finance, Manhattan has historically experienced a robust economy …

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Jan. 30, 2023

Highway to the buyer zone

Are we on the highway to the buy zone? It appears that we are in the buy zone and on our way out. Here is why. The chart here is called a market pulse. It's a metric we use to determine whether or not it's a buyers’ market or seller’s …

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June 14, 2022

Is the Housing Market Correcting?

Is the Housing Market Correcting?

Jeff Cohen Is the Housing Market Correcting

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to …

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Posted in Real Estate
June 14, 2022

Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence | MyKCM

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about …

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Posted in Real Estate
April 14, 2021

Luxury Manhattan Market Report

Manhattan Residential Listings over $4 Million

Contracts Signed

Week of April 5th - April 11th, 2021

In the Manhattan Luxury Market, which we refer to as $4 Million and above we had Fifty One (51) contracts that were signed last week. That is a total volume of …

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March 5, 2021

414 East 52nd Street

Stunning, spacious and sun-filled. This completely renovated over-sized one bedroom apartment has yet to be lived in post renovation. It is nestled in a pre-war building on a quiet 52nd Street cul de sac! The sunny southern exposure faces an internal private garden and brightens this space all afternoon.

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Posted in Real Estate
April 29, 2020

What to expect from real estate after the pandemic

Think This Is a Housing Crisis? Here are five aspects to consider...

Think This Is a Housing Crisis? Think Again. | MyKCM

There is so much uncertainty caused by the pandemic and the economic pain we are encountering across the country persists. Until the number of listings normalizes, we have access to apartments, can provide access to …

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Feb. 13, 2020

Alexa says what? $165M?

According to the New York Times, Amazon CEO Jeff Bezos purchased the Warner Estate in Beverly Hills from David Geffen for $165 million. The 9.4 acre parcel was designed in the 1930s for Jack Warner, the a force in the entertainment industry and is best known as the former …

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March 31, 2019

Debt To Income Ratio

My name is Jeff Cohen and I'm a real estate Salesperson in New York City with NextStopNY. Manhattan is a different real estate market when compared to the rest of the country. So I decided to create a real estate series dedicated to answering some of the top questions I …

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