Talking Manhattan | Mady Faber of Halstead

Today’s chat is with Mady Faber of Halstead. Mady is a 33 year veteran agent in the NYC markets and offers another perspective on what is happening in the streets of Manhattan real estate.

Today’s discussion includes:

• “It’s a standoff” between buyers & sellers
• The 3+ Bed condo market listing discount
• Buyer leverage in the luxury condo sector
• “I’m encouraging my customers to make offers”
• Underpricing worries vs letting market “dictate itself”
• Off Market: unreasonable sellers or something else?
• “It’s not a seasonal market anymore” — keep listings active over holidays

Coming Thursday — Interview with Andrew Kramer of BrownHarrisStevens