The Deanna Kory Team

After Major Price Drop, we are hosting an open house BY APPOINTMENT ONLY this Sunday 1/17 from 11:30 am to 1:00 pm. Contact [email protected] for an appointment.

There were 211 contracts signed last week in Manhattan! There is a lot to be optimistic about: Last week was the strongest first full week of any year since 2015! Contracts signed have been up year-over-year for 14 consecutive weeks. Weekly sales have been up for 16 of the 18 weeks since Labor Day.... Cumulatively, sales during those 18 weeks are up 15% versus the prior year Contracts signed asking over $5M hit a five-week high at 14 deals! (there were 27 over $4M) The mortgage rate hit another all time record low last week, in fact the lowest in 50 years and a full point lower than this time last year! This will likely go up at some point this year, so if you are on the fence about buying right now, this an amazing window of opportunity. We would be happy to discuss the reasons with you and how to reach your personal goal. Picture taken by @federica_nyc while flying above Manhattan

Major Price Drop Alert! Over $1M reduction. Extremely well-priced for a ONE-of-a-KIND 3 bedroom, 3.5 bath luxury loft-style home on the 29th floor of the iconic @thewoolworthtowerresidences with every amenity. One of the last 2 units in the building with private outdoor space, this nearly 5,000 SF home offers a duplexed private terrace w/ outdoor kitchen & SPECTACULAR NYC views including the #WorldTradeCenter ... Open House by appt this Sunday! The most special listing on the market today & one of only 32 exclusive homes in the tower. See more

"It will vary greatly building to building, because some buildings are strongly in demand and others either were or are overpriced, or are not as desirable," says Deanna Kory, a broker with The Corcoran Group. "Remember one thing: Developers like to keep the prices high, so the most common incentives that will remain would likely be that the developer picks up the city and state transfer taxes."

Last week was a RECORD week for contracts signed at $4M and above, 27 contracts were signed, the highest total since March of 2020 New Yorkers are returning to the City and taking advantage of all-time low mortgage rates and negotiable sellers. We expect the spring market to be very active because of strong pent-up demand, discounted prices, low interest rates and a strong stock market. @1228madison @ckitchsellsnyc @deannakoryteam @staceylpashcow @ileanalopezbalboa