Market Update
The tariffs rattle the stock market by creating uncertainty, raising costs, and fueling inflation.
Real estate, by contrast, offers stability, income, inflation protection, and diversification, making it a smart alternative investment when stocks are on shaky ground.
As of mid-April 2025, New York City's real estate market is exhibiting a mix of growth and challenges:
Manhattan Market:
The median sale price in Manhattan rose 12% year-over-year to $1.175 million in Q1 2025, with resale condos reaching a record median of $1.595 million .
This price increase is attributed to a shift toward larger, more expensive properties, despite limited inventory and rising mortgage rates .inhabit
Rental Market:
Rental prices in NYC have risen by 6.4% compared to last year, approaching all-time highs.
Limited apartment availability and high mortgage rates are expected to drive rents even higher during the spring and summer seasons.
Overall Outlook:
The city's total property market value is projected to increase by 5.7% in fiscal 2025, reaching $1.6 trillion, with residential properties leading this growth.
Despite rising prices, the market remains competitive, with limited inventory favoring sellers.
If you're considering entering the NYC real estate market, it's essential to stay informed about these trends and consult with local experts (us!) to navigate the current landscape effectively.
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Bring Spring In
This April, breathe new life into your NYC apartment by transforming it into a spring garden paradise—no backyard required. Start with easy-care indoor plants like snake plants, pothos, ZZ plants, and aloe vera, which thrive in apartment conditions and instantly make any space feel more vibrant and calm. For a splash of springtime color and scent, bring in fresh-cut flowers like tulips, daffodils, hyacinths, and peonies. Local florists such as Scotts Flowers NYC, Starbright Floral Design, and Plaza Flowers offer seasonal bouquets, delivery services, and custom arrangements to match your space and style.
If you have a windowsill, balcony, or even a fire escape, try window boxes or vertical planters filled with herbs and weather-hardy flowers like petunias or pansies. Use macramé hangers and decorative pots to layer greenery throughout your home, adding both function and flair. For a finishing touch, scented flowers or herbs like lavender, mint, and rosemary can refresh the air and double as ingredients for homemade sachets or candles.
Don’t hesitate to ask your florist for plant care tips or ideas for small-space gardening—they’re a great resource for city dwellers looking to add a little nature to their homes. Whether you’re filling a corner with leafy greens or building a blooming balcony escape, now’s the perfect time to welcome spring indoors.
Outdoor Activities for April
As the days get longer and the flowers start to bloom, there's no better time to get outside and explore all that the city has to offer. From vibrant festivals to tranquil parks, there’s something for everyone!
1. Sakura Matsuri at Brooklyn Botanic Garden (April 26-27)
Celebrate the breathtaking beauty of cherry blossoms at the Sakura Matsuri (Cherry Blossom Festival) at the Brooklyn Botanic Garden. The festival offers a full weekend of cultural performances, traditional Japanese tea ceremonies, and family-friendly activities. Take a leisurely stroll under the canopy of pink and white blooms, and enjoy the peaceful atmosphere while savoring delicious Japanese food from local vendors.
2. Tribeca Film Festival (April 16-27)
While not exactly an "outdoor" event, the Tribeca Film Festival offers plenty of opportunities to enjoy New York’s vibrant streets and outdoor spaces. With many screenings, talks, and pop-up events happening throughout the city, the festival offers something for film lovers and explorers alike. You can even catch outdoor screenings and free events like “Tribeca Drive-In,” where iconic films are shown in different outdoor spaces around Manhattan, including Pier 57.
3. Smorgasburg Brooklyn (Every Saturday & Sunday)
This outdoor food market, held every weekend in Brooklyn (with locations in Williamsburg and Prospect Park), features some of the best street food vendors from around the city. From mouthwatering ramen burgers to decadent donuts, there's something for every palate. Take a stroll around the market, sample delicious bites, and enjoy the fresh spring air with a view of the Manhattan skyline.
4. The Great GoogaMooga at Prospect Park (April 26-27)
For foodies and festival enthusiasts, the Great GoogaMooga returns to Prospect Park for a weekend of great food, music, and fun. The event features an impressive lineup of food vendors, craft beers, and live performances from indie bands and top DJs. This year's festival promises even more interactive experiences, so be sure to bring your appetite and your dancing shoes.
5. Washington Square Park - Free Outdoor Concerts (Sundays in April)
Washington Square Park, a true New York icon, comes alive with music in April. Every Sunday, local musicians gather to perform free outdoor concerts. Whether it’s jazz, folk, or indie rock, the park is the place to be for a relaxing afternoon of live music. Grab a coffee from one of the nearby cafes, sit on the grass, and enjoy the tunes while people-watching in one of the city's most famous public spaces.
6. Outdoor Yoga at Bryant Park (Weekdays and Saturdays)
Looking for a way to combine wellness with your love for the outdoors? Bryant Park offers free outdoor yoga classes on weekdays and Saturdays. These all-levels classes are led by certified instructors and offer a peaceful environment to unwind amid the hustle and bustle of the city. It’s the perfect way to start your day or to relax after work while soaking in the fresh spring air.