Real Estate News from January 2021

  • BROOKLYN VS MANHATTAN - THE DIFFERENCE By Alexis Carpinello | January 27, 2021

    During this pandemic, one of the biggest mistakes I’ve noticed clients making is the generalization of the pandemic’s “impact on NYC real estate.” Most often, the market reports and updates that reach consumers are reflective of Manhattan, not the other boroughs.

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  • Research Note: Westchester Tax Authority By Jason Thomas | January 26, 2021

    In the COVID-Fueled Rush to Purchase Suburban Westchester Homes, Many New Owners May Face Heavy and Unexpected Increases in Real Estate Taxes

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  • Elegran Insights: Weekly Manhattan Market Data For The Week of 1/25/21 By Jared Antin | January 25, 2021

    For the third week in a row the Manhattan market continued to see fewer new apartments come to market and more deals went into contract compared to the same week of 2020 last year.

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  • Co-Op or Condo: Which one should you buy? By Sarah Cusack | January 25, 2021

    When looking for a new home it can be confusing to know the difference between a co-op and a condo. Even though these two housing options may appear to be similar there are many crucial differences between the two properties that can affect buyers decisions.

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  • Elegran Insights: Weekly Manhattan Market Data For The Week of 1/18/21 By Jared Antin | January 19, 2021

    For the second week in a row, fewer new apartments came on the market and more deals went into contract this year compared to the same week last year in Manhattan. The Market Pulse [a ratio between pending sales and supply], an indicator of leverage between buyers and sellers, remained stable at 0.44, reflecting a nearly balanced market in Manhattan.

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  • Elegran’s Weekly Manhattan Market Update - Week of Jan 11 By Jared Antin | January 11, 2021

    From a Manhattan Real Estate perspective, 2021 is off to a good start — Less new inventory came to market and more contracts were signed this week compared to the same week last year.

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  • Midtown Finally Sees Several Silver Linings For Post-COVID Life By Jared Antin | January 08, 2021

    With so much negative news streaming through our feeds every day it's easy to lose sight of the positive news that is being reported on how New York City is planning for its future post COVID.

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  • Elegran Manhattan Market Update: January 2021 By Jared Antin | January 07, 2021

    The rebound in Manhattan real estate continued throughout December with robust activity. While the market typically slows in December, 2020 saw an uptick in activity when compared to November. The Manhattan market accelerated in Q4 2020, as inventory declined and contract activity increased.

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  • 3 Must-Do’s When Selling Your Home This Year By Sherley Garcia | January 07, 2021

    It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind.

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  • 5 Types of NYC Apartment Buildings By Sarah Cusack | January 05, 2021

    There are many factors to consider while looking to purchase an apartment in the city and one of the biggest but sometimes most overlooked is what type of apartment building you want. Every building offers different services and amenities which can affect your price, location and more. Whether you w

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