What Mamdani Effect? The Ultrarich Are Snapping Up More $10 Million-Plus Homes in NYC Than Ever. | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏙️💰 What if the ultra luxury market isn’t slowing down… but speeding up? At a time when New York leaders are proposing new taxes on high-end second homes, the top of the market is doing something une...

📊🏙️💰 126 deals at $10M+ in Manhattan this year. That is MORE than last year and even 2021. And this is happening as new taxes are being proposed. Buyers are not backing off. They are negotiating and adjusting. The market is moving. #NYCRealEstate #LuxuryMarket

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Opinion | A New Era for the Federal Reserve | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏦 The Federal Reserve quietly became one of the most powerful forces in the economy. Now the question is whether it went too far. The confirmation hearing for Kevin Warsh is being framed as a politic...

🏦 The Fed isn’t just setting rates anymore, it’s shaping markets. Now a push is building to scale it back and restore focus on price stability. The consequences go far beyond politics.

Read more: t.ly/izhlQ

#FederalReserve #Inflation #Markets #Economy

The Housing Policy Gap That the Mamdani Administration Must Address | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 📉🏙️ What if thousands of future homes in NYC never get built… not because they were rejected, but because the rules quietly changed New York City already made a major move to tackle its housing short...

📉🏙️ NYC planned tens of thousands of new homes… but a rule change could quietly cut ~5,000

City of Yes for Housing Opportunity was supposed to expand supply. Limits on Universal Affordability Preference (UAP) could shrink it instead

Read: t.ly/xvVlm

#NYCHousing #HousingCrisis #CityOfYes

Daniel Craig and Lily Allen Sell Their Brooklyn Brownstones | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 💰🏙️ Why are celebrities quietly cashing out of Brooklyn right now A series of high profile real estate moves across New York and Los Angeles is revealing something easy to miss if you are only lookin...

🏙️💰 $11M Brooklyn brownstones are still trading… in cash

From Brooklyn to LA, celebrity sales point to something deeper. These moves are driven by timing, life changes, and long-term gains, not market fear.

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#NYCRealEstate #LuxuryRealEstate #HousingMarket

Real estate investors call Manhattan office sector an ‘earth-shattering’ opportunity | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏙️📉 What if Manhattan office real estate isn’t collapsing… but quietly going on sale For the past few years, the story around New York City’s office market has been dominated by uncertainty. Remote w...

📉🏙️ Manhattan office stocks are down up to 50%
But tenants are still leasing… including AI firms

Some investors say you’re buying below land value

Overreaction or opportunity

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#NYCRealEstate #CRE #REITs #ValueInvesting #AI

U.S. Takes Step Closer to Popular Vote for Presidential Elections as Virginia Joins Compact | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨🗳️ What if the presidency came down to one simple rule: whoever gets the most votes wins That idea is no longer abstract and is moving closer to reality as the United States takes another step towar...

🗳️🇺🇸 The Electoral College may not decide future elections. A growing number of states want the popular vote to pick the president. 222 electoral votes are already locked in. 270 changes everything.

#ElectionReform #USPolitics #PopularVote

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Let NYC homes rent during World Cup | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏙️⚽ NYC is about to host the world but most New Yorkers may not make a dollar from it New York City is heading into a once in a generation opportunity as the FIFA World Cup arrives in 2026. Millions ...

⚽💸 🏙️ The World Cup is bringing billions to NYC but strict rental rules are blocking residents from cashing in

#NYCRealEstate #WorldCup2026 #HousingCrisis

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N.Y.C. Doormen and Building Owners Reach an Agreement to Avert a Strike | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🧑‍✈️🚪 The strike almost happened and most New Yorkers had no idea how close it was New York City narrowly avoided a major disruption as more than 34,000 doormen, porters, supers and building staff re...

🧑‍✈️🚪 No doormen. No packages. No trash pickup. NYC was hours from this reality. A last-minute deal for 34K workers avoids a repeat of 1991’s 12-day shutdown. #NYC #RealEstate #Labor

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Most NYC renters are struggling to afford housing. These maps show where it's worst. | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 💸 🏙️📍NYC’s affordability crisis is no longer about Manhattan. It’s hitting every borough New York City’s housing crisis has moved far beyond luxury apartments and headline grabbing rents. It is now r...

🚨🏙️💸 You can make $90K in NYC and still afford almost nothing across the five boroughs

Over 50% of renters are cost-burdened. Nearly 1 in 3 spend 50%+ of their income on housing

This isn’t a squeeze. It’s the new reality

#NYCRealEstate #HousingCrisis #Renters

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Manhattan rents hold at record $5,000 as inventory hits 4-year low | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 💸🏙️ $5,000 rent is no longer shocking in Manhattan. It’s expected Manhattan’s rental market is no longer reacting to record pricing. It is settling into it. The median rent held at $5,000 in March, m...

🏙️💸 Manhattan rents are stuck at record highs and renters have fewer options

$5K median. Inventory at a 4 year low after 19 months of decline. Brooklyn tightening too.

Not a rebound. A reset.

#NYCRealEstate #HousingCrisis

t.ly/qKuRx

As New Yorkers splurge, their doormen struggle | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🧑‍✈️ 🏙️ NYC’s luxury buildings run on workers being priced out of the city they serve New York City is approaching a breaking point as more than 34,000 doormen, concierges, porters and building staff...

🚪🧑‍✈️ No doormen. No package rooms. No trash pickup. NYC building staff are ready to strike. 1.5M residents could feel it fast. Last strike lasted 12 days. #NYC #HousingCrisis #Labor

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Mamdani To Launch City-Backed Insurance Program For Affordable Housing | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 💸🏙️ The biggest threat to affordable housing right now isn’t rent, it’s insurance New York City Mayor Zohran Mamdani is preparing to launch a city backed insurance program aimed at lowering one of th...

🏙️💸 NYC is stepping into the insurance market to cut costs for affordable housing. Premiums have tripled, squeezing landlords and slowing new development. A city-backed plan aims to lower costs and unlock more housing supply.

#NYCRealEstate #AffordableHousing

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New York City to Spend $4 Billion From Pension Funds on Affordable Homes | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏙️ NYC is now using pension funds to tackle the housing shortage but the bigger question is whether it will actually get built New York City is taking a different approach to one of its most persiste...

🏗️ 🏙️ NYC is pulling $4B from pension funds to fix housing

Not because it wants to but because projects aren’t getting built

Big shift in how housing gets financed and big questions on whether it works

🔗 t.ly/HNNkp

#NYCRealEstate #HousingCrisis #AffordableHousing

Mamdani Takes Over Reddit With Public Q&A | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨🏙️ NYC’s housing debate just moved to Reddit and the answers are raising bigger questions than expected In a rare move toward direct public engagement, Mayor Zohran Mamdani and his housing team took...

🏗️💬 NYC housing officials took to Reddit to answer questions and the gap between demand and delivery is exposing deeper challenges…

#NYCRealEstate #HousingCrisis #NYCHousing

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New York Real Estate Leaders React as State Considers Restricting Private Listings | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, ⚖️🗽🏡 New York may soon require listings to be public by default. What does that mean for private listings and seller choice? As debate around private listings intensifies nationwide, New York is now ...

⚖️🏡 New York is weighing a bill that could limit private listings and require public access by default. Supporters cite transparency. Critics warn about seller control.

🔗 t.ly/W922r

#RealEstate #HousingMarket #MLS #RLS

Hochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🏙️💰 What if the key to closing New York City’s budget gap isn’t taxing residents more, but taxing empty $5,000,000 apartments? New York’s budget gap has sparked a familiar debate around raising taxes...

💰🏙️ NYC is eyeing a new tax on $5,000,000+ apartments that sit empty most of the year.

No such tax exists today.

Now $500M is on the table as budget pressure builds.

🔗 t.ly/GEIwA

#NYCRealEstate #TaxPolicy #HousingCrisis

Hochul blames activists’ lawsuit for climate budget standstill | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🌆🌱 Can New York afford its climate goals or is the cost now forcing a reset? New York’s climate strategy has reached a critical point and it is no longer just about emissions targets. It comes down t...

⚖️🌱 NY missed its climate deadline. Activists sued and won.
Now the state wants to change the law instead of follow it.

Is this about affordability or avoiding the rules?

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#NYPolitics #ClimatePolicy #EnergyCosts

Opinion: I’m not a millionaire, but I am against more taxes on the rich | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🌆📊 💰What if taxing the rich more leaves everyone else paying the bill? That is the question at the center of an opinion piece by Joann Ariola, responding to a proposal from Zohran Mamdani to increase...

🌆💰 NYC is raising taxes on the wealthy

But what happens when they leave

The money doesn’t disappear

someone else ends up paying

#NYCPolitics #TaxPolicy #CostOfLiving

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Mamdani’s first 100 days: The Good, The Bad and The Ugly | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨🏙️ 100 days in and the promise of change is colliding with the reality of running New York City One hundred days into the administration of Zohran Mamdani, the energy that fueled his rise is still v...

🚨🏙️ 100 days in and the pressure is building. Big promises, stalled plans, budget fights, and rising tensions are defining Zohran Mamdani’s start. New Yorkers are still deciding and the window to deliver is narrowing. 👀

#NYCPolitics #HousingCrisis #CityHall

🔗 t.ly/z71Ie

Manhattan co-op and condo deals above $3 million doubled in the first quarter | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 💰🏙️ Manhattan’s $3M+ deals just doubled… in the middle of economic uncertainty. Manhattan’s real estate market is sending a message that feels almost counterintuitive. At a time when headlines are do...

🚨🏙️ Manhattan real estate is moving in the opposite direction of the headlines. $3M+ deals just doubled, prices climbed, and inventory fell. Some buyers are waiting. Others are stepping in.

t.ly/w8waG

#NYCRealEstate #HousingMarket

When the system breaks down, the impact is lost homes and instability.

Trump's VA killed a home loan program. Vets are now losing their homes because of it | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨🇺🇸 More than 10,000 veterans have already lost their homes. The bigger story is how a policy breakdown turned a safety net into a gap. What is happening inside the VA home loan system is not tied to...

🚨🇺🇸 A VA lifeline was shut down before a replacement existed.

Now veterans are losing their homes.

10K+ foreclosures. 90K at risk.

Policy gap → real consequences

👇🏾
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#Veterans #HousingCrisis #VAloans #Foreclosure

In 1990, a bipartisan Congress passed historic bills. Then it cracked apart. | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨🏛️ In 1990, a divided Washington passed historic laws. Today, it can barely pass anything. More than three decades ago, the country faced a divided government, with a Republican president, George H....

🚨🏛️ A divided Washington once passed the ADA, Clean Air Act, and immigration reform together

Today, it struggles to pass anything

That didn’t happen by accident

Here’s what changed 👇🏾
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#Congress #USPolitics #Bipartisanship

🏙️📊 NYC isn’t fading… it’s pricing out the middle.

Higher earners keep moving in as more households get squeezed. Demand isn’t the issue. Access is.

What this means 👇🏾
t.ly/2hbpp

#NYCRealEstate #HousingMarket #Affordability #RealEstateInvesting

I appreciate the opportunity.

Thanks Oscar, I appreciate you reaching out and following my work. My focus is primarily on on-market transactions, so I’m not operating in the off-market assemblage space. I work mainly with sellers and end users. Happy to stay in touch as your work progresses.

NAR reaches $52.25M settlement in buy-side commission case | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 👀📉 What buyers were never supposed to question is now at the center of a $52M settlement The National Association of Realtors has agreed to a $52.25 million settlement over claims tied to how homebuyers were affected by real estate commissions, adding to the growing legal changes changing how the industry operates. What many buyers do not realize is how agent commissions have traditionally worked. When you buy a home, the seller typically pays both their agent and the buyer’s agent, but that cost is often built into the price of the home. The Tuccori case, a nationwide lawsuit brought by homebuyers, argues that this structure limited competition and transparency, ultimately pushing home prices higher than they might have been otherwise. Although the National Association of Realtors was not originally named as a defendant, it chose to opt into the settlement to reduce future legal risk and extend protection to its members, local associations, multiple listing services (MLSs), and brokerages operating within its network. The settlement is part of a larger opt-in process that lets firms across the industry join and resolve similar claims together. This helps reduce future legal risk and brings more consistency to how these cases are handled. This agreement does not introduce new rules. Instead, it reinforces the changes already put in place following the landmark Sitzer-Burnett lawsuit in 2024. That case focused on how real estate agents are paid and led to major changes. Before, when a home was listed, the seller would usually decide in advance how much they were willing to pay the buyer’s agent, and that amount was shared with agents through the listing. Now, those pre-set commission amounts can no longer be included in the listing systems agents use to share listings with each other. Buyers are expected to have a written agreement with their agent upfront, and how that agent gets paid is discussed and negotiated more directly. The latest settlement extends legal protection across the industry. NAR leadership, including CEO Nykia Wright, says this is part of an ongoing effort to reduce uncertainty and create a more stable environment for agents and firms. It is also tied to ongoing litigation, including Batton vs. NAR, another homebuyer lawsuit that raises similar claims that commission practices inflated home prices. NAR is expected to request a pause in that case if this agreement receives approval, reflecting a coordinated effort to resolve multiple lawsuits under one framework. Major brokerages are moving in the same direction. Firms such as Douglas Elliman, Anywhere Real Estate, and Hanna Holdings have joined the settlement, choosing to resolve these claims now instead of continuing lengthy legal fights as a way to manage risk and maintain stability. Continued in the comments 👇🏾 #RealEstate #NAR #HousingMarket #CommissionChanges #Homebuying #RealEstateNews #HousingPolicy

🚨💰 A $52M settlement is challenging how real estate commissions work

Buyers say they may have been paying more than they realized. Now the rules are shifting and how agents get paid is being negotiated out in the open.

t.ly/6HjiA

#RealEstate #NAR #HousingMarket #Homebuying

New York City Still the Undisputed Champ in Attracting Tech and Finance Talent | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🧐📊🗽 Everyone talks about who left New York. The real story is who is still choosing to come For years, the dominant narrative around New York City has focused on people and companies relocating to lo...

📊 NYC isn’t losing its edge

Record finance jobs
$11.1B in tech funding
Real estate demand still holding

Growth is uneven, but the foundation is still strong

t.ly/SfDbd

#NYC #RealEstate #Finance #Tech #Economy 🗽

Melania Trump denies close ties to Jeffrey Epstein in rare public statement | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 👀 Melania Trump just broke her silence and it’s reigniting one of the most controversial cases in modern politics In a rare and highly unusual appearance at the White House, Melania Trump publicly denied any connection to Jeffrey Epstein and Ghislaine Maxwell. For someone who rarely enters the spotlight on matters like this, choosing to address it directly immediately drew attention and raised a bigger question. Why now. Her message was direct. She described the allegations as false and politically motivated, explaining that her interactions with Epstein and Maxwell were limited to overlapping social circles in New York decades ago. She emphasized that she had no knowledge of his crimes and stated she was never on his plane or at his private island. A previously reported email to Maxwell was dismissed as nothing more than casual communication. This follows renewed scrutiny tied to previously released Epstein-related documents, including past correspondence that resurfaced earlier this year. But this statement does more than defend her reputation. It brings the Epstein case back into focus at a time when many in Washington have tried to shift attention away from it. Despite years of investigations, document releases, and public debate, the story continues to resurface. That alone says something about how unresolved it still feels to many people. What adds to the intrigue is the conflicting accounts around how this unfolded. The White House has not explained why the statement came now, and while Donald Trump initially said he did not know about the remarks in advance, other reports suggest he was aware a statement was planned. That disconnect only fuels more attention and speculation. Equally significant is the shift in focus toward victims. She called on Congress to hold public hearings so survivors can speak openly and have their experiences formally recognized. That part of the message is already gaining traction, with lawmakers like Robert Garcia supporting the idea. This goes far beyond a personal rebuttal. It shows how these issues remain unsettled in the public consciousness, resurfacing again and again as new details bring them back into focus. Even with other global developments competing for public interest, this continues to reemerge. It signals that concerns around responsibility, influence, and openness are not easily dismissed and continue to carry weight. #Epstein #MelaniaTrump #USPolitics #WhiteHouse #Accountability #Justice

🚨 Melania Trump denies ties to Epstein, calling the claims false. The timing raises new questions as scrutiny builds and accounts don’t align.

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#Epstein #USPolitics

Supreme Court remade by Trump ushers in historic defeats for civil rights | Brian Phillips, CRS,CIPS,C2EX,AHWD,NYRS,ABR,SRS,SFR,CNE, 🚨⚖️ For the first time in generations, civil rights claims are losing more often than they win at the Supreme Court A major change is taking place at the highest court in the country, and it is changing how civil rights are interpreted and applied right now. The current Supreme Court, reshaped through appointments from Donald Trump, has reached a point not seen since the 1950s. In cases involving women and minorities, the Court is now more likely to reject claims that seek to expand civil rights than to support them. That marks a clear departure from decades where the Court often acted as a driver of expanded protections. To put this in perspective, it helps to look back at the era of Earl Warren. During that time, landmark decisions like Brown v. Board of Education helped dismantle segregation and expand rights across multiple areas of American life. Courts that followed continued that general trajectory, even as political leadership changed. That pattern has now reversed. Over the past five terms, only about 44% of civil rights cases have been decided in favor of expanding protections. This is not just a small adjustment. It reflects a clear change in how the law is being interpreted. The change is closely tied to the current six justice conservative majority, including Neil M. Gorsuch, Brett M. Kavanaugh, and Amy Coney Barrett. Their presence has moved the Court further to the right on several key issues, including religious liberty and voting rules. Recent rulings reflect that direction. The Court has limited the use of affirmative action in college admissions, sided with First Amendment claims that allow businesses to decline services tied to same sex weddings, and upheld restrictions related to gender affirming care for minors. Many of these cases center on how rights are balanced when they come into conflict, and the Court’s answers are increasingly consistent. Meanwhile, the Court has shown exceptionally strong support for religious claims, siding with those arguments about 98% of the time in recent terms. In contrast, efforts to expand voting access or strengthen protections under laws like the Voting Rights Act have been far less successful. Continued in the comments 👇🏾 #SupremeCourt #CivilRights #SCOTUS #Constitution #LegalTrends #USPolitics #VotingRights #ReligiousFreedom #LGBTQRights #AffirmativeAction

🚨⚖️ The rules have changed at the Supreme Court

Civil rights claims are now more likely to fall short than win

At the same time, religious claims succeed nearly 98%

This is already changing who wins and who loses

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#SCOTUS #CivilRights #USPolitics