The NYC market is as dynamic as ever, with many shifts in activity being seen following the record year that was 2021. While demand is still high, the rise of inflation is having a dramatic effect on buyer activity. This is especially true for Manhattan.
Top-producing BHS broker Christopher Kromer recently visited CNBC to discuss the current state of the Manhattan market, providing an expert perspective on how rising interest rates, equity volatility, and a looming recession are influencing buyer behavior.
See Kromer's full interview above.