#nyc-homeowners

#nyc-homeowners

Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.

When we saw this home - with its east-west exposures and windows that could be seen on both sides - we were immediately sold. It was the third house we looked at, and we were so lucky the owner accepted our offer. It was a very competitive moment for home sales in the neighborhood, and the fact we were able to make it happen felt like a dream.

I open my door, and my hallway is filled with smoke. I realize my god, there's a fire. So I grabbed my keys and tried to run out. I met some firefighters in the hallway. They were knocking on the door to alert people to get out.

BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.

Over the past three years, inventory has peaked in late spring, after a steady build through March and April. Sellers tend to list once the weather improves and before summer distractions kick in. That means more one-bedrooms in Brooklyn, more Upper West Side co-ops more everything. A surge of new listings at the end of 2025 suggests early spring buyers may see solid inventory with slightly less competition than the May frenzy.

Brooklyn is known for brownstones, churches and - in recent years - lots of rental apartment construction. When combined, Brooklyn and Queens became a larger rental market than Manhattan in 2025, with Kings County's busy developers at the tip of the spear. The data comes from StreetEasy's most recent market report, which compiled the top 10 New York City neighborhoods for new rental construction. Powerhouse Brooklyn took seven out of 10 slots.

His monthly rent has climbed to more than $11,000 a month, from roughly $2,000 when he first opened. Produce costs have spiked under new tariffs. Utilities and fees keep rising. And customers already drained by soaring housing costs are buying less.