Talking Manhattan

Today, Noah and John sit down with Julia Boland, a seasoned real estate pro with over 24 years of experience, to dive deep into the Manhattan market. Julia breaks down the current real estate landscape, from the luxury sector’s resilience to the challenges facing buyers under $3M due to mortgage rates and inventory shortages. She shares insights on Northern Manhattan, the impact of the 421A tax abatement expiration, and the future of development in Harlem. Plus, she explains how luxury buyers are setting trends for the broader market and why townhouse opportunities are heating up. Wrapping up, Julia offers golden advice for agents—specialize, be patient, and put in the work. Top-tier advice from a top-tier pro! Highlights: 00:41 – State of the Market 02:00 – Northern Manhattan Breakdown 02:45 – Claremont Hall’s Success 03:30 – Challenges for Other Properties 04:20 – Future of Development in Harlem 06:31 – Inventory Shortages 08:48 – Luxury vs. Non-Luxury Buyers 10:17 – Luxury Market Tightening 11:44 – Townho