As the New York City real estate market gears up for what promises to be a robust fall season, all eyes are on the new development sector, which continues to lead the charge in demand. With mortgage rates expected to lower in September, the market is set for a resurgence. One of the key players in this dynamic landscape is top-ranked Agent Matthew Cohen, who has rejoined Brown Harris Stevens to lead a powerhouse four-person team.
“Brown Harris Stevens has an extensive book of new development and resale projects to welcome Matthew and his team back to our family of world-class agents. With lowering mortgage rates and softening inflation combining to reactivate the real estate market, Matthew has chosen the best time to return home.” - Brown Harris Stevens CEO Bess Freedman
Cohen’s return to BHS is a homecoming in more ways than one. Known for his expertise in new development marketing, resales, and rentals across New York City, Cohen’s career is marked by over $1 billion in sales and consistent recognition as one of the nation’s top 1% of agents by sales volume. His decision to return to BHS, where he feels a deep connection to the family-like environment, is a testament to the firm’s unparalleled leadership and resources.
“I forgot how much Brown Harris Stevens feels like family, and returning feels like coming home.” - Matthew Cohen
When asked which areas of the city would see the most demand and activity, Cohen's answer was simple: New Developments.
Cohen's advice to buyers was also clear: make offers before interest rates drop further. Sellers, on the other hand, should list their properties by mid-September to avoid the post-Labor Day inventory surge.
