NEW YORK, NY - Who’s Who in Luxury Real Estate members Patrick Smith and Garrett Derderian of Stribling & Associates were recently featured in ‘Amazon’s HQ2 Sends Long Island City Home Sale Prices Skyrocketing,’ an article published on NYPost.com.
In it, Garrett Derderian, Stribling’s director of data and reporting, notes that “the uptick in interest and the sudden shift from a buyer’s to a seller’s market is very real in the wake of Amazon’s announcement.”
“Amazon is the best thing that could happen to Long Island City,” said Patrick Smith, a real estate agent at Stribling & Associates. “Every day I get emails from projects and brokers offering 20 percent discounts in Brooklyn and Manhattan. We are the only New York City market that is a full-fledged seller’s market.”
View the entire article on NYPost.com