If the pandemic causes people to flee New York City, homeowners in New Jersey could benefit.
The state’s pandemic lockdown outlawed face-to-face real estate showings.
But New York's ultra-luxury real estate market remains weak, according to analysts.
Manhattanites seeking an escape from the outbreak’s epicenter are bidding up leases in the Connecticut town.
Some large property owners have already rolled out payment plans and halted evictions.
The number of deals topped the average of 19 for the first 11 weeks of the year.
The new rules prohibit landlords from collecting more than a month’s rent upfront.
It’s been a rough decade for luxury Manhattan co-ops, and the future doesn’t look so rosy either.
Ninety percent of all single-family deals in the fourth quarter were for less than what the seller was seeking.
Manhattan is glutted with even more luxury condos than people realize.
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