The rise of remote working during the coronavirus crisis has led many to rethink whether they need to live so close to the officeNew York, I love you, but you’re getting me down, as LCD Soundsystem once sang. After three months besieged by the coronavirus pandemic, New Yorkers are heading for the suburbs – and some say they are never coming back.Real estate brokers are describing a boom in demand for homes north of the city and on Long Island – and especially those that offer space for home offices. Competition is so fierce, says Madeline Wiebicke, a real estate broker in New City, an affluent hamlet some 20 miles from Manhattan, that city dwellers are snapping up suburban properties in bidding wars, often after just a video tour. Continue reading...
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The one good thing in 2020 was suddenly cheap rent in Manhattan and San Francisco — but the bill could be up for cities soon
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The West Coast's record wildfire season has ground the real-estate industry to a halt with $8 billion of assets in danger — and it could be creating a new class of 'firebird' residents who move away seasonally
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The pandemic is spurring home sales as prosperous city residents seek more space. One listing had...The pandemic is spurring home sales as prosperous city residents seek more space. One listing had 97 showings and received 24 offers.