Tony Simone’s Blog

Sold & Closed! Spacious loft-like condo in Brooklyn

Price: $750,000, Type: Condo, Maint/CC: $404, Rooms: 4 Bedrooms: 2, Bathrooms: 2  Only cash offers will be considered for this spacious 2 bed 2 bath condo with private balcony. The keyed elevator opens directly into this loft-like home, with hardwood floors and charming details like an exposed brick wall. The huge living/dining area provides plenty of space for gracious entertaining and...

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In an Uncertain World, New York City Real Estate Remains a Sure Thing

With stability in the greatest city in the world, low interest rates, great values in certain neighborhoods, New York City has never been a wiser investment. Amid Brexit, terror, war and a U.S. presidential election unlike any has ever seen, the real estate market remains a beacon of stability. While buying has slowed somewhat, the market as a whole has returned to “normal.” New...

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Brexit? What does it mean for the New York City real estate market?

Today, the UK is voting to either remain or leave the European Union. Most experts predict they will vote to stay. But you never know until voters cast their ballots in a nationwide referendum. We discussed Brexit recently on our weekly radio show, Stribling’s New York, with mortgage expert, Melissa Cohn of MC Home Loans. Listen here. Brexit is short for “British Exit” from the...

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The Resale market is booming!

According to Jonathan Miller in Curbed NY, the resale market of condos and coops is on the upswing. With all the news of low inventory and new developments grabbing the headlines, over 70% of market listings are apartment resales. 78 % to be exact make up the resale market. For the past few years, the biggest challenge for buyers has been low inventory in prime neighborhoods. Having so many...

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