55 luxury contracts signed last week -$4mm+

Started by KeithBurkhardt

6 months ago

Posts: 2972

Member since: Aug 2008

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Pretty impressive! The last month things have really picked up for us, as far as activity goes and new client retention. Hopefully that translates to signed contracts over the next month or so. So far it's been an average year for us. https://www.olshan.com/marketreport.php?id=799

Response by 300_mercer

6 months ago

Posts: 10538

Member since: Feb 2007

The rents continue to increase at 4-5% per year. WFH exodus over more than a year back. The question I ask myself is when the StreetEasy Price index is going to show sustained uptick. Thoughts?

https://millersamuel.com/files/2025/05/Rental-04_2025.pdf

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Response by KeithBurkhardt

6 months ago

Posts: 2972

Member since: Aug 2008

I think we need to see interest rates come down.

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