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Economy

What Could be the Consequences of China Stagflation on the Global Economy?

China has been making headlines with tales of its rapid growth for years. However, this momentum could soon come to a stop. Liu Shijin,...

Manhattan’s Luxury Residential Market Has Its Best Week Since 2013

In the third week of November, a total of 67 high-end, residential deals took place in Manhattan. Asking for a combined total of $614...

DUMBO Records, Inflation and the Luxury Market

Amidst the highest inflation since 1990, August of this year marked NYC as having the highest rent prices in the country (even surpassing the...

The Current U.S. Housing Market Wobbles to its Feet 

New Report: Home Prices Increase While Market Stays Hot  The National Association of Realtors put out a new report through October 2021 that shows amidst...

5 Real Estate Trends to Expect in 2022

Update: While housing prices haven't risen as much in previous years, on average they have still risen by 8%. As we approach the tail end...

What is the future of commercial real estate in NYC?

In March 2020, the world came to a stop. In the wake of the pandemic, cohorts of office workers were mandated to stay home...

What Are the Long-Term Consequences of Surging Natural Gas Prices?

The temperatures may be dropping down, but there is one thing going up: natural gas prices. As winter months approach and the urge to...

Apartment Sales in Manhattan Hit 30-Year High 

Nearly 5,000 apartment sales closed in the third-quarter of 2021.  Condo and co-ops sales dominated the Manhattan real estate market last quarter. More homes were...

Developers Fantasia and Evergrande Fall Deeper into Debt

The financial woes of Chinese developer Evergrande have been mounting lately, but they’re not the only ones in the troubled spotlight now. Fantasia is...

Are Interest Rates On The Rise?

Decisions being made at the White House level are significantly affecting our new economic reality. Though one risk of a financial catastrophe was narrowly...

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