The Rubin Team Blog

The Insider
December 16, 2022

Top 5 Predictions for 2023

WATCH NOW SUBSCRIBE TO THE INSIDER 1: New York’s Crime Wave Will Recede, Spurring Confidence in NYC as Investment-Worthy Hochul had a scary moment before getting reelected as Lee Zeldin…

The Insider
December 9, 2022

This Trend Is Going to Reshape New York City – Let’s Talk About Commercial to Residential Conversions

WATCH NOW SUBSCRIBE TO THE INSIDER True,  Morgan Stanley and Goldman have successfully gotten people back to the office M-F. —NY Post They seem to be in the minority, however….

The Insider
December 2, 2022

China’s Goal and New York City Real Estate

WATCH NOW SUBSCRIBE TO THE INSIDER In today’s Insider, we hope to help you gain some perspective on the slow-moving train wreck that is China’s pandemic response. We’ll also answer why…

The Insider
November 25, 2022

Recession and Real Estate. Implications for YOU

WATCH NOW SUBSCRIBE TO THE INSIDER —thebalancemoney.com In the last few weeks, I’ve heard a lot of people fretting about an impending recession, and using this as a rationale for…

The Insider
November 18, 2022

Look Out Below? NYC Still Best In Class

The Insider Index continues to move back towards a more balanced market as you can see above. This shows why the Index is moving nicely: contracts signed are ticking up…

The Insider
November 11, 2022

NYC Big Picture

Let’s get this out in the open: yesterday (Thursday 10th November) the financial markets posted some remarkable results: Dow up 1,200 points (+3.7%) S&P 500 up 207 points (+5.5%) Nasdaq up…

The Insider
November 4, 2022

Bidding Wars Are Back! Yes, You Read That Right.

In this “good news is bad news, bad news is bad news” kind of market, it is easy to get overwhelmed with doom scrolling. The Fed tightened another 75 basis…

The Insider
October 28, 2022

Risk and Reward in Real Estate: NYC Still the Pick of the Litter

Last week in the Insider we discussed the Insider Index, which showed buyer and seller sentiment in the market by looking at a ratio of price drops to contracts signed. …

The Insider
October 21, 2022

The Inaugural Look at the Insider Index

With prevailing market sentiment somewhat uncertain, we have been considering how to articulate this this in data for our faithful Insider readers.  In today’s edition, we are introducing the Insider…

The Insider
October 14, 2022

The Insider: Let’s Talk About Cars

As I have been writing about in the Insider, if there is a trigger that shakes the financial system it will be unlikely to originate in the housing market, unlike…

The Insider
October 7, 2022

The Insider: Parallels to the Great Recession or is it Deja Vu All Over Again?

As readers of the Insider know, I am a voracious reader of the news. Recently a series of news items struck me as a pattern, and I decided to dig…

The Insider
September 30, 2022

The Insider: Using Market Cycles to Your Advantage

SUBSCRIBE If you have been tangling with real estate and the stock market as long as I have (since late ‘80s professionally), then market cycles start to look remarkably similar….

The Insider
September 23, 2022

The Insider: Data Dive Into Manhattan Real Estate Trends. “What should I do?” answered.

SUBSCRIBE This week I was reminded of the old Wall Street rule of thumb called “Three steps and a stumble”, which means that the stock market tends to decline if the…

The Insider
September 16, 2022

The Insider: Kill the Chicken to Scare the Monkey. It’s Happening…

—NY Post —CNBC Financial Let me ask you a question: who exactly do you think is going to be fired first? Exactly. Goldman Sachs is about to embark on a project referred…

The Insider
September 9, 2022

The Insider: It’s All About The Asset Class

As I read the news in the last week, I was struck by how precarious things are globally across many (many) assets. Japanese Yen, Euro, and Sterling getting slaughtered against…

The Insider
September 2, 2022

The Insider: Let’s talk about kitchens. Yes, I am opinionated.

There are few rooms that affect the price of a home than a kitchen. Today we’re going to look at how to renovate a kitchen to enjoy it and also get…

The Insider
August 26, 2022

The Insider: Let’s Zoom Out for the Big Picture

There have been lots of breathless headlines recently, such as: —CNBC.com “With high levels of inventory and affordability woes, these four cities have been hit first by the housing slowdown.”…

The Insider is a weekly blog from the Rubin Team covering current trends in New York City Real Estate. The Insider
August 22, 2022

The Insider: Congestion Pricing! What it means for NYC Real Estate

Back in 2019 New York State passed a law authorizing the implementation of congestion pricing here in the City. First what is it? Congestion pricing levies tolls on vehicles entering…

The Insider
August 13, 2022

The Insider: Rent VS Buy – It’s a LOT clearer than you think!

Click to view our seminar with top real estate and mortgage bank professionals to help determine whether to rent or buy in today’s market. Instead of a Hot Listing of…

The Insider
August 5, 2022

The Insider: The Recession! Or Not… That Is The Question.

25 foot wide lot (!!) Windows on 3 sides (!) Prewar Original detail, including • Ornate molding • Marble fireplaces • Pocket doors 2 family – income potential Huge back yard…

The Insider is a weekly blog by the Rubin Team at Douglas Elliman, focusing on hot properties and current NYC real estate market trends and insights. The Insider
July 29, 2022

The Insider: It’s the Dollar, Stupid! Investing in NYC real estate with an eye on currencies

Views for miles (no exaggeration!) from the 17th floor Prewar We’re suckers for fixer-uppers in great buildings Corner unit Greenwich Village Doorman/elevator/bike room/pets allowed (check, check, check, check!) Opportunity to...
The Insider
July 22, 2022

The Insider: “It’s the Interest Rate”… Really?

Over 2,100 SF of outdoor space (!) 3 Beds, 3.5 baths in 2,500 SF interior space 10 foot ceilings New construction Entire top floor of the building Private keyed elevator…

The Insider
July 15, 2022

The Insider: The Housing Squeeze

We’re suckers for Bond Street Condo 1,100 SF private outdoor terrace 10.5” Ceilings 2 beds, 2 full baths Airy and light Amazing energy $4,550,000 Call 212.321.7111 for an Insider showing!…

The Insider
July 8, 2022

The Insider: Off To the Races?

Off market combo Sponsor unit – NO BOARD APPROVAL No financing limits Highly exclusive Central Park West co-op Has never been on the market before Three exposures Original details Private…

The Insider
July 1, 2022

The Insider: Market Uncertainty? BBQ!

Magical Corner of Soho Prewar 3400 SF penthouse loft Private roof Dramatic double-height great room Views for miles Private key-lock elevator Bold-faced named appliances and finishes Central air $6,688,000 Call…

The Insider
June 24, 2022

The Insider: Whither NYC Real Estate

13 foot ceilings and 4,200 Sq Ft. Industrial feel Completely renovated Central air Gorgeous surfaces throughout: brick, walnut, marble, steel, glass Beamed ceilings Vented exhaust in kitchen $6,950,000 Call 212.321.7111…

The Insider
June 17, 2022

The Insider: How To Weather This Storm

2,800 Sq Ft. Authentic cast iron loft building Ultra low monthlies Stunning interior architecture and design Soaring ceiling heights Floor to ceiling windows On one of the best cobblestone blocks…

The Insider
June 10, 2022

The Insider: NYC Crime Not an Issue, Supply and Demand OTOH…

What’s not to like? Inground pool (!) Separate carriage house in the back of the property Elevator Seven fireplaces $6,995,000 Call 212.321.7111 for an Insider showing! LISTING COURTESY OF LESLIE J. GARFIELD…

The Insider
June 3, 2022

The Insider: Sales Spike as NYC is Losing Residents

Loft In Greenwich Village Industrial feel, with concrete floors and brick walls Private outdoor space Working fireplace Prewar Central Air Beautifully renovated Views for days $2,850,000 Call 212.321.7111 for an…

January 7, 2022

The Great Exodus and Strong Return to NYC

In the last 3rd quarter 2021 data dump, Miller Samuel reported that compared with 3rd quarter 2019, average prices in Manhattan are up 14.7%, unit count is up 76.6%, and…