New York is NEVER Over!
Dear Friends and Family,
I’ve been in the New York City real estate market for over 40 years and I can’t even count the number of times I’ve heard someone say “the NYC market is dead” or “New York is OH-VAH!” But guess what? It’s NEVER been true before and it’s not true now.
When I started in real estate in 1983, New York City was recovering from the deepest recession and job losses since the Great Depression. Interest rates were over 13% and the average closing price in New York City was $75,000. People claimed the city was done—too many problems and not enough money. It was a difficult environment to start out in, but it taught be two important lessons: be optimistic about my chosen profession and always take the long view. In the long run, NYC always wins. ;)
There are few investments as stable and primed for continued growth as New York City real estate. New York has never looked better and continues to be as resilient, cosmopolitan, and creative as it always has been.
Having seen this market, and this city, go through so much over 40 years, I’ve never lost faith in either of them. Whether you're looking to enter, move, or leave the market, I’m always here to help.
All the best,
Toni Haber
Licensed Associate Real Estate Broker
Founder, Toni Haber Team | Private Client Advisors
TONI@compass.com | 917.543.1999