Category Archives: NYC

Back to Work

Posted on January 7, 2026 by grim

From CNBC: Manhattan office leasing in the fourth quarter was the strongest in 6 years Office leasing in Manhattan surged substantially higher in the fourth quarter of 2025, driven by continued return-to-office and increased tech hiring, especially for artificial intelligence. … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate, New Development, NYC | 159 Comments

Bye Bye AC

Posted on December 16, 2025 by grim

From the NY Post: 3 NYC casinos get licenses for Vegas-style gaming – with first to open as early as March It’s a Big Apple casino jackpot. Three high-profile casino projects got their final approval Monday from the state’s gaming … Continue reading →

Posted in NYC, Politics, South Jersey Real Estate | 86 Comments

Thanks Mamdani

Posted on October 23, 2025 by grim

From Newsweek: New Jersey Housing Market Could Be Disrupted by Zohran Mamdani The New Jersey and surrounding housing markets could be impacted by the potential election of New York City mayoral candidate Zohran Mamdani. Mamdani’s policies largely aim to break from establishment norms as … Continue reading →

Posted in Demographics, Economics, Gold Coast, Housing Bubble, New Jersey Real Estate, NYC | 93 Comments

No Tunnel?

Posted on October 17, 2025 by grim

From nj.com: Trump ‘terminates’ $16 billion Hudson River tunnel project linking N.J. and N.Y.C. President Donald Trump said he “terminated” the $16 billion Gateway rail tunnel under the Hudson River in a surprise statement made during press conference Wednesday as tense negotiations over the … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, NYC, Politics | 88 Comments

Where Tommy got made

Posted on October 10, 2025 by grim

From the NY Post: NYC-area Mafia mansions struggle to sell — for 1 reason you may not suspect Mob wife is having a fashion moment. In real estate, it seems like many potential buyers don’t see the aesthetic as their … Continue reading →

Posted in National Real Estate, New Jersey Real Estate, NYC, Where's the Beef? | 115 Comments

Junk it

Posted on August 14, 2025 by grim

From the Real Deal: Why Cuomo is wrong about Mamdani’s rent-stabilized apartment Like any good socialist, Zohran Mamdani is familiar with the Marxist phrase, “From each according to his ability, to each according to his needs.” Mamdani says he was … Continue reading →

Posted in Crisis, Demographics, Economics, NYC, Politics | 104 Comments

It’s different here..

Posted on August 11, 2025 by grim

From Yahoo Finance: Sellers keep the upper hand in the expensive, wealthy Northeast Homebuyers are gaining power in much of the country. Just not in the wealthy, pricey East Coast. Consensus is growing among economists that home prices will flatline or … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate, New Jersey Real Estate, NYC | 59 Comments

C’mon over, NJ’s nice too

Posted on August 5, 2025 by grim

From PropertyShark: NYC Hits Record $799K Median, TriBeCa Lands #2 With 6-Year High The New York City real estate market hit a new high during the second quarter of 2025. Overall, median sale prices increased by 4% year-over-year (Y-o-Y) to hit $799,000 — the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, NYC | 55 Comments

Can’t afford to live there either…

Posted on June 20, 2025 by grim

From News12: Report: Home prices hit record high in Suffolk; Nassau market slows slightly The average price for a house in Nassau last month was $810,000 and the average price of a single-family home is up to $690,000 in Suffolk. … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, NYC | 55 Comments

Hudson Yards Casino Moving Forward

Posted on April 28, 2025 by grim

Uh Oh AC? From AMNY: Hudson Yards West project with proposed casino moves closer to approval; will plans help give MTA a financial boost? The bidding war for a NYC metro area casino license is heating up as the Hudson Yards … Continue reading →

Posted in New Development, NYC, South Jersey Real Estate | 129 Comments

Not dead yet

Posted on April 2, 2025 by grim

From the Real Deal: Manhattan office leasing is back, baby  After finishing last year on a high note, the Manhattan office market came out the gate even hotter in 2025. Office leasing volume reached 12.2 million square feet in the first quarter, … Continue reading →

Posted in Demographics, Economics, Employment, New Development, NYC | 113 Comments

Can’t afford to buy, can’t afford to rent

Posted on March 13, 2025 by grim

From the NY Post: Here’s where rents are rising the fastest in the New York area New Yorkers may feel like the rent hikes never end, but it turns out that Newark, New Jersey residents are at the biggest disadvantage.  … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate, NYC | 105 Comments

Trump axes NYC congestion tolls

Posted on February 20, 2025 by grim

From the Hill: Trump declares New York ‘saved’ from congestion pricing: ‘Long live the king!’ President Trump on Wednesday declared New York “saved” after his administration announced it would rescind the Biden-era approval of a congestion pricing plan. “CONGESTION PRICING IS DEAD. … Continue reading →

Posted in New Jersey Real Estate, North Jersey Real Estate, NYC, Politics | 186 Comments

Florida should thank NYC

Posted on February 17, 2025 by grim

From the NY Post: Wealthy New Yorkers flock to Palm Beach, causing house prices to skyrocket: ‘Supercharged migration’ At the height of the COVID-19 pandemic, wealthy New Yorkers eager to escape the confines of the Big Apple fled south toward … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, NYC | 51 Comments

$700k to live in Staten Island

Posted on October 29, 2024 by grim

From SI Live: Median price of a Staten Island home hits $700,000, report says Staten Island home prices are continuing to rise, according to the latest report from the Staten Island Board of Realtors (SIBOR) — and the median sales price of … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, NYC | 33 Comments