George Matthews-Real Estate Agent at Compass

Sold & Closed l 117 West 17th Street-PH6A l Chelsea l 2BD/2BA l 1,540 SF l Sale Price-$2,995,000 l Total Monthlies-$4,256 l Buyer Representation

Congratulations to my buyer client on the purchase of this luxury pre-war loft duplex penthouse with 900 SF private roof deck. This is my second transaction with this buyer over the past year as he builds a NYC real estate portfolio.

https://www.forbes.com/sites/johnwalkup/2026/01/23/a-quiet-co-op-comeback-and-other-2026-nyc-real-estate-predictions/

"Buyers are still wary, sellers are still stubborn, and yet somehow, the market moves. Eventually, at least. But unlike previous boom-bust cycles, the changes ahead may have less to do with rate cuts, Wall Street performance, or rental trends, and more to do with individual buyers and sellers"...

A Quiet Co-Op Comeback And Other 2026 New York City Real Estate Predictions So what could shape the market next year? Here are six predictions as to what could define New York City real estate in 2026.

https://www.bloomberg.com/news/articles/2025-12-24/us-mortgage-rates-fall-for-second-week-sending-30-year-to-6-18?utm_source=website&utm_medium=share&utm_campaign=copy

The average for 30-year, fixed loans was 6.18%, down from 6.21% last week and 6.85% a year ago (Freddie Mac)...

US Mortgage Rates Fall for Second Week, Sending 30-Year to 6.18% Mortgage rates in the US ticked lower for a second straight week.