Hello! My name is Ryan Serhant and I am an associate broker with Nest Seekers International. I have been asked by the StreetEasy Blog team to occasionally blog for them and offer my insights on the ins and outs of the high-end luxury real estate market in New York City.
Some quick background: I lead a top-producing team of 20 agents who focus on sales, leasing, and new construction in Manhattan, Brooklyn, Long Island City, The Hamptons, Miami, and Los Angeles. I also star on a little show called Million Dollar Listing New York, which is coming back for its fourth season on April 15 on Bravo.
When I ask people why they like to watch Million Dollar Listing NY, the No. 1 response is that it’s interesting (and sometimes fun) to watch how New York City real estate agents live their lives. So if the TV show is my life via the camera, think of my blog entry’s as my life via the page – or screen, rather.
In New York City, we’re in the midst of a very robust market, the likes of which we have never seen before. Record pricing continues to baffle all of us and, honestly, I do not see any hint of a slowdown or softening. In 2014, my team did over $370M in sales. That’s a big number for a team that started just a few years ago. I expect this year to be even better as we work with all of our buyers, sellers, and developers in what continues to be a market environment enhanced by low interest rates.
New York is not getting any bigger, but I’m amazed at how the city continues to change. For instance, at the start of 2015, I am marketing a project in the East Village between Avenues C and D (www.seveneastvillageny.com) where we are achieving pricing of over $1,600 per foot and attracting buyers who had only been looking in neighborhoods like Gramercy and the West Village. West Chelsea and the Hudson Yards will continue to grow this year as buyers and developers look to redefine Manhattan’s last undeveloped (with luxury condos anyway) neighborhoods.
This blog will not just be about my life as a New York City real estate broker — for that you can watch Bravo. I want to use this medium — with your comments fueling my fire — to discuss real estate news and events, the purchase and sales process, mortgages, new developments, pet peeves, and other topics of interest. And if what I’ve done on the small screen is any indication, I’ll find a few Ryan Serhant ways to keep you all informed and entertained.