Talking Manhattan

Today, Noah and John sit down with Jill Preschel from Serhant, a powerhouse in the NYC real estate market with over $2.5 billion (with a B!) in transactions under her belt. Jill dives deep into the nuances of the luxury market in Manhattan and Brooklyn, sharing insights on shifting buyer preferences, the challenges of pricing new developments, and the impact of economic factors like interest rates and inventory levels. She highlights how prime neighborhoods are thriving while others require creative selling strategies. As always, Jill dishes out valuable advice for aspiring real estate pros and reflects on her journey from haute couture to high-stakes real estate. Great stuff from one of the greats! Highlights: 00:56 – State of the Market 02:10 – New Dev Insights 03:30 – Today vs Yesterday 04:45 – Competitive Buying in Hot Markets 06:08 – Challenges for Sellers 07:18 – Price Gaps Between Prime and Non-Prime Areas 08:06 – Buyer Opportunities Today 10:05 – Evolution of the Uber Luxury Market 12:28 – Future of