'Deal Fell Through' — How to avoid a failed close + NYC homes 'back on the market'
In most markets, only a small percentage of contracts (on average, 1.5 to 4 percent) are canceled, but under exceptional circumstances, canceled contracts can spike. In March 2020, at the start of the pandemic, for example, 18 percent of contracts in the United States were canceled, and in early ... Thursday, May 29, 2025
NYC Skyline Views: When Manhattanhenge fails, these homes still shine
It is common knowledge that the sun rises in the east and sets in the west, but this does not take place along a fixed point: According to the American Museum of Natural History, the sunset point creeps until the first day of summer, and southward until the first day of winter. Thanks to the posi... Thursday, May 29, 2025
Price Cuts: $1M reduction at 220 Central Park South; Fifth Avenue duplex drops below $2M
The summer solstice isn't until June 21, but Memorial Day weekend marks the unofficial start of summer for many. For real estate buyers and sellers, this can increase the pressure to close a deal or make a move in summer, i.e. before school starts. Moreover, the 2025 spring selling season was a s... Wednesday, May 28, 2025