The FARE Act - What Does it Mean for Renters?

As of June 11, the FARE Act changed how apartment rentals are handled in New York City.

Bill HerbstJune 13, 2025#fareact #ncyrentals #nycrealestate, #nycrealestatemarket #nycrealestate #manhattanrealestate, #nycrealestatebroker, #nycrealestateagent, #manhattanrealestate, #brooklynrealestate, #compass, #gilmartinherbstteam

The Manhattan Spring Market Hasn't Fulfilled the Promise We Saw in March

Yes, the number of signed contracts is up 7% over last year. That's very good, and it looks like we'll have a pretty typical May. However, the expectation (or hope?) was that we'd do even better. Then the tariff talk started.

Bill HerbstMay 28, 2025#nycrealestate, #nycrealestateagent, #nycrealestatebroker, #manhattanrealestate, #manhattanmarketupdate

The Compass 3-Phased Marketing Strategy

The Compass 3-Phased Marketing Strategy helps homeowners maximize their home's value by generating demand through multiple listing launches, ensuring listings get the attention and offers they deserve.

Bill HerbstMay 6, 2025#nycrealestate, #nycrealestatebroker, #nycrealestateagent, #compass, #compassnyc, #manhattanrealestate, #brooklynrealestate

Win Son Bakery & Cafe, East Village

I discovered Win Son when I had a couple of listings near the original location in East Williamsburg. When they recently opened a second location in the East Village, just seven minutes away from home via CitiBike, I was pretty psyched.

Bill HerbstMay 6, 2025#nycfood, #nycfoodie, #nycbakery, #nycrealestate, #nycrealestatebroker, #nycrealestateagent, #winson

How is the Recent Volatility in the Financial World Affecting the Manhattan Real Estate Market?

You'd think that the recent economic volatility in the world would have majorly impacted the Manhattan real estate market, right? You'd be wrong.

Bill HerbstApril 30, 2025#nycrealestate, #nycrealestateagent, #nycrealestatebroker, #compass, #compassnyc, #nycrealestatemarket, #gilmartinherbstteam

4 Things to Do Before You List Your Home for Sale

Addressing these four items before you come on the market will make the sales process smoother, faster, less stressful, and more profitable.

Bill HerbstMarch 30, 2025#nycrealestate #manhattanrealestate #brooklynrealestate #listyourhome, #sellyourhome, #compass, #gilmartinherbstteam, #billherbst, #nycrealestateagent, #nycrealestatebroker

Why Don't More Buyers Make Offers?

A client once asked me a very good question: "Why don't more buyers make offers on homes they think are overpriced?"

Bill HerbstMarch 19, 2025#nycrealtor, #nycrealestateagent, #nycrealestate, #nycrealestatebroker, #below23rdstreet, #compassny, #compass, #manhattanrealestate, #brooklynrealestate

Our Client Experience Just Got Even Better

Meet Compass One, our cutting-edge client dashboard for buyers and sellers.

Bill HerbstMarch 12, 2025#compass, #compassny, #nycrealestate, #manhattanrealestate, #nycrealestateagent, #nycrealestatebroker, #brooklynrealestate

How Long Does It Take to Get a Real Estate Contract Signed in New York City?

At least ten days. That's generally the time required for the buyer's attorney to perform "due diligence." The purpose is to protect the buyer by making sure that there are no issues with the apartment or the building.

Bill HerbstMarch 5, 2025#nycrealestate, #nycrealestatebroker, #nycrealestateagent, #compassny, #compass, #manhattanrealestate, #below23rdstreet, #gilmartinherbstteam, #brroklynrealestate

Gnocchi on 9th Opens in Greenwich Village

The original location of Gnocchi on 9th, on East 9th St., became a social media sensation for its simple, affordable, and photogenic concept: a Chinese takeout-stye container filled with tasty gnocchi, a sauce, and maybe a burrata.

Bill HerbstMarch 5, 2025#gnocchion9th, #nycfood, #nycfoodie, #nycrealestatebroker, #nycrealestateagent, #nycrealestate, #below23rdstreet

There Aren't Enough Homes for Sale in NYC

Tuesday morning at our jam-packed Compass HQ sales meeting, one of the managers, Alex, asked who was working with buyers and having trouble finding enough active listings to show them. Over half the agents in the room raised their hands.

Bill HerbstFebruary 19, 2025#compass, #compassnyc, #nycrealestate, #nycrealestateagent, #nycrealestatebroker, #below23rdstreet, #selling a home, #buying a home, #manhattanrealestate, #brooklynrealestate

We're About to Make Your Home Selling/Buying/Renting Experience A Lot Better

Compass has launched a platform designed strictly for our clients, Compass One.

Bill HerbstFebruary 12, 2025#compassone, #compass, #compassny, @nycrealestate, #nycrealestatebroker, #nycrealestateagent, #realestatetech, #retechnology

New! L'Appartement 4F Bakery in the West Village

The first spinoff of Brooklyn Heights' sensational L'Appartement 4F bakery just opened in the West Village. And just as they do at the original, eager customers are lining up for their very French pastries and breads.

Bill HerbstFebruary 12, 2025#nycbakery, #nycbakeries, #lappartement4F, #croissant, #westvillage, #nycfood, #nycfoodie, #nycrealestateagent, #nycrealestatebrokerComment

VIDEO: My Senior Seminar

I recently hosted a seminar covering services to help senior citizens take their next steps in life. Here’s the video.

Bill HerbstFebruary 6, 2025#nycrealestate, #nycrealestatebroker, #nycrealestateagent, #compassny, #compassplus, #seniorliving, #servicesforseniors

Don't Even Think About Renovating Your Co-op or Condo Until You've Read This

While the results are usually worth it, renovating a co-op or condo apartment can be an expensive, frustrating, and daunting undertaking. Don't worry. I've got you.

Bill HerbstJanuary 29, 2025#nycrealestate, #nycrealestateagent, #nycrealestatebroker, #renovation, #renovaing a co-op, #renovating a condo, #renovating in NYC, #manhattan real estate, #brooklyn real estate

What Can We Expect for the NYC Real Estate Market?

This can be a frustrating time of year for homebuyers in Manhattan and Brooklyn. But...I'm sensing a brighter horizon.

Bill HerbstJanuary 29, 2025#nycrealestate, #nycrealestatebroker, #nycrealestatemarket, #nycrealestateagent, #manhattanrealestate, #brooklynrealestate, #compassny, #compassComment

Real Estate Agents are Cut Throats Who Stab Each Other in the Back

That's the common perception anyway, thanks to a few bad apples - and reality television. The real reality, at least the way I practice it, is very different.

Bill HerbstJanuary 9, 2025#nycrealestate, #nycrealerstateagent, #nycrealestatebroker, #manhattanrealestate, #gilmartinherbstteam, #compassny, #compass, #MDLNY

NEW! Our Q4 Manhattan Market Report

Here's some welcome news. Manhattan's real estate market wrapped up Q4 2024 on a positive note.

Bill HerbstJanuary 9, 2025#nycrealestate, #manhattanrealestate, #nycrealestatebroker, #nycrealerstateagent, #compass, #compassny, #below23rdstreet, #gilmartinherbstteam, #realestatemarket, #market report

Buyers' Broker Compensation Agreements Will Be Required in NYC

As of Jan. 13, 2025, agents will be required to use buyer's broker compensation agreements by REBNY, the Real Estate Board of New York.

Bill HerbstNovember 22, 2024#nycrealestate, #nycrealestatebroker, #buyers agent agreement, #nycrealestateagent, #compass, #compassnyc, #gilmartinherbstteam, #manhattan reale state, #manhattan real estate, #brooklyn real estate

How The Fed Rate Cut Can Affect the New York City Real Estate Market

It's the news we've been waiting for. The Fed has just announced a larger than expected half point rate cut, with additional reductions possible this year.

Bill HerbstSeptember 20, 2024#fed, #rarecaut, #nycrealestateagent, #nycrealestatemarket, #nycrealestatebroker, #mortgagerates, #manhattanrealestate

Contact
Licensed Associate
Real Estate Brokers
billandralph@compass.com
M: 917.596.3743

Compass Global Headquarters
90 Fifth Avenue, 3rd Floor
New York NY 10011
212.913.9058

ContactLicensed AssociateReal Estate Brokersbillandralph@compass.comM: 917.596.3743

Compass Global Headquarters90 Fifth Avenue, 3rd FloorNew York NY 10011212.913.9058

Contact
Licensed Associate
Real Estate Brokers
billandralph@compass.com
M: 917.596.3743

Compass Global Headquarters
90 Fifth Avenue, 3rd Floor
New York NY 10011
212.913.9058