Gea Elika's Blog, page 6

The Difference Between REBNY and Non-REBNY Agents

The high-stakes world of New York City real estate reveals a critical distinction between brokers: membership in the Real Estate Board of New York (REBNY). This storied institution, shaping the…

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How to Buy a Home in New York City Amid Record Low Affordability

Once a beacon of prosperity, New York City’s housing market now feels like a fortress to those trying to break in. With persistent high prices, mortgage rates hovering above 7%,…

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Condos vs. Co-ops in NYC – Know The Difference

New York City’s real estate market is as complex as the city’s; for anyone looking to buy an apartment here, understanding the distinction between a condominium and a cooperative (co-op)…

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Rental Revolution? NYC Broker Fee Shift Stirs Up Controversy

The New York City Council’s new legislation shifting the cost of broker fees from renters to landlords is being hailed as a win for tenants burdened by steep upfront costs.…

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What Trump’s Win Means for New York City’s Housing Market

With Donald Trump’s recent election victory, many New Yorkers wonder what this new administration will mean for an already troubled real estate market. Once synonymous with resilience and opportunity, New…

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The Ultimate Guide to Luxury Vacation Rentals in New York City

New York City, a world capital of culture and style, offers countless ways to immerse yourself in its rhythm, but few match the experience of staying in a luxury vacation…

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A City in Crisis: New York’s Housing Dream in Dire Straights

Once a symbol of ambition and prosperity, New York City’s housing market is now grappling with significant challenges. According to a 2024 report by Miller Samuel and Douglas Elliman, Manhattan…

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Why Home Sellers Should Still Pay Buyers’ Agent Commissions

The U.S. real estate market faces significant changes following a ruling that challenges the long-standing tradition of sellers paying commissions for both their listing agent and the buyer’s agent. A…

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The Fully Furnished Townhouse Experience Tailored for Travelers

New York City has long been a global destination for business travelers and families seeking an extended stay. In a city defined by its vibrant energy and iconic skyline, the…

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Deciding Whether to Rent or Sell Your Property in NYC

New York City’s property values can fluctuate as unpredictably as the weather, making the decision to rent or sell an apartment or townhouse anything but simple. With a constantly evolving…

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