Gea Elika's Blog, page 5

You Get What You Pay For: Two Decades of Lessons

The adage holds in a city where every square foot commands a premium: you get what you pay for. After twenty years of navigating the intricate terrain of New York…

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Why AI Can’t Replace a Human in Pricing Your NYC Home

Artificial intelligence is embedded in nearly every industry, and real estate is no exception. With a few clicks, AI-generated property valuations promise instant answers, drawing on a sea of comp…

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Buying Time: How Buyer’s Agents Streamline the Art of the Deal

Where can you buy time? Where can you buy less stress? These are the essential questions for working with a buyer’s agent. In New York City’s high-stakes real estate market,…

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Lease Renewals in Stabilized and Non Regulated Apartments

The ever-shifting landscape of New York City’s rental market means tenants in non-rent regulated apartments face a recurring uncertainty: lease renewals. Unlike their rent-stabilized counterparts, these renters do not have…

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The Battle Over Real Estate Transparency

Transparency has become an ideological battleground in the shifting landscape of New York City real estate. On one side stand those advocating for open access to crucial market data—days on…

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A Promising Start to 2025: New York City Shows Signs of Revival

After two years of stagnation, uncertainty, and what some brokers have called a buyer’s strike and sellers locked in, the New York City real estate market appears to be staging…

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The High-Stakes Puzzle of Home Affordability in New York City

Few cities evoke the dreams and challenges of homeownership quite like New York. With its soaring skyscrapers, storied neighborhoods, and an endless stream of aspiring homeowners, the real estate market…

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NYC Real Estate Forecast: What to Expect in 2025

New York City’s real estate market is on the cusp of transformation as it heads into 2025, shaped by economic pressures, shifting buyer preferences, and looming regulatory changes. The city’s…

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Why You Should Pay a Buyer’s Agent Commission

As the real estate landscape shifts following the decoupling of commissions between buyers and sellers, many prospective homebuyers question hiring a buyer’s agent, especially when the seller does not offer…

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Top 10 Real Estate Resolutions for NYC Homebuyers in 2025

As 2025 dawns, many New Yorkers are reconsidering their housing options, dreaming of buying their first home or upgrading to something better suited to their needs. However, entering the real…

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