Ramin Habibi

Ramin Habibi Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Ramin Habibi, Estate agent, New York, NY.

I’m a proud resident of the Upper East Side of Manhattan and have consistently performed as a top-producing Real Estate Advisor throughout my career, contributing to transactions exceeding half a billion dollars to date.

Manhattan's luxury market showed remarkable resilience in May.136 contracts were signed at $4M+, averaging nearly five l...
06/03/2026

Manhattan's luxury market showed remarkable resilience in May.
136 contracts were signed at $4M+, averaging nearly five luxury deals per day.

A few highlights:
• Condos represented roughly 65% of all deals.
• Three of the four weeks recorded 30+ contracts.
• The month's top contract was the $85 million townhouse at 48-50 West 69th Street, setting a new Upper West Side record.

What stands out most is the consistency. Even during the traditionally slower Memorial Day week, contract activity significantly exceeded historical averages.

While headlines often focus on uncertainty, the upper tier of the market continues to reward exceptional properties with strong demand.

Luxury buyers remain active, they’re simply being selective.

As someone who closely follows both the luxury real estate and art markets, I continue to see a similar pattern: rarity, quality, and provenance command attention regardless of the broader environment.

Art and Real Estate have always felt like siblings to me.Both are driven by scarcity, emotion, provenance, and convictio...
05/22/2026

Art and Real Estate have always felt like siblings to me.
Both are driven by scarcity, emotion, provenance, and conviction.

The best properties, much like great galleries, are designed to elevate what lives inside them.

Last week in New York, both markets reflected that clearly.
On May 18, Number 7A, 1948 by Jackson Po***ck sold for approximately $181M.
That same week in Manhattan real estate:
-38 contracts were signed at $4M+
-Luxury contracts exceeded 30 deals for the 7th time in 8 weeks
-The top contract was Penthouse A at 255 East 77th Street asking $25.77M

Architecture by Robert A. M. Stern, scale, views, amenities, and overall experience all contributed to value.

Increasingly, luxury buyers evaluate real estate the same way collectors evaluate art:
-Scarcity
-Design
-Emotional resonance
-Long-term desirability

This is why I believe advising clients in NYC goes far beyond simply finding square footage. Understanding architecture, design, positioning, and how people emotionally connect with a space is an essential part of navigating the luxury market well.

-Ramin

Manhattan’s luxury market isn’t slowing down, it’s accelerating.In April alone, 171 contracts were signed at $4M+, with ...
05/04/2026

Manhattan’s luxury market isn’t slowing down, it’s accelerating.

In April alone, 171 contracts were signed at $4M+, with consistent week-over-week strength outperforming recent years.

Takeaways:
• The trophy market is surging, 135 deals over $10M YTD vs ~90 last year
• New development continues to win, with projects like 50 West 66th Street repeatedly topping the charts

And at the very top end:
• $75M - 105-107 Bank Street
• $58.5M - Flatiron Building conversion at 175 Fifth Avenue
• $45M - 16 Fifth Avenue Penthouse

We’re seeing sustained demand not just for luxury but for best-in-class product.

If this pace continues, 2026 could rival some of the strongest luxury years on record.

What are your real estate goals this year?

NYC Just Proposed a New Annual Tax on Luxury Second Homes. Here’s What You Need to KnowGovernor Hochul and Mayor Mamdani...
04/15/2026

NYC Just Proposed a New Annual Tax on Luxury Second Homes. Here’s What You Need to Know

Governor Hochul and Mayor Mamdani announced today a pied-à-terre tax on NYC second homes valued at $5M or more. Unlike a one-time transfer tax, this one hits you every year.

The basics:

-Applies to non-primary residences worth $5M+
-Rate increases at $15M and again at $25M
-Estimated to affect ~13,000 NYC properties
-Goal: generate $500M/year for the city budget
-Existing owners are included. Not just future buyers

The rate? Still being negotiated in Albany. A 2014 version of this bill started at 0.5% on value above $5M, climbing to 4% on value above $25M. The 2026 version could look similar.

What this means if you own or are buying in NYC: Neighborhoods like the Upper East Side have one of the highest concentrations of luxury pieds-à-terre in the city. If you own a second home in this segment, this proposal affects you now, not when you sell. Let’s factor this into your holding costs and long-term strategy.

This still needs to pass in Albany, but with the Governor, Mayor, and City Council Speaker all aligned, momentum is real.

Questions about how this affects your property? Message me.

03/30/2026

In NYC, bonus season doesn’t just increase income, it often drives real estate decisions.
A bonus can significantly strengthen how a purchase is structured:

• Increase the down payment = lower monthly carrying costs
• Improve debt-to-income = smoother co-op approval
• Strengthen overall financial profile = more competitive offers

Using a bonus toward the down payment can help buyers avoid liquidating investments. That means:

• Preserving long-term positions
• Avoiding potential capital gains taxes
• Maintaining overall portfolio strategy

In many cases, this creates a cleaner, more efficient way to allocate capital into real estate.

If you’re advising clients considering a purchase, I’m always happy to share perspective on how to structure that liquidity to strengthen their position.

-Ramin Habibi

Why Some NYC Buildings Command a PremiumIn Manhattan, two apartments on the same block can trade 20–30% apart.Increasing...
03/23/2026

Why Some NYC Buildings Command a Premium
In Manhattan, two apartments on the same block can trade 20–30% apart.
Increasingly, the difference comes down to the building itself.

Buildings that consistently command premiums tend to have:
• A recognizable developer with a strong track record
• A respected architect and thoughtfully designed exterior presence
• A well-known interior designer shaping the finishes and common spaces
• Modern, functional amenities (not just quantity, but quality and usability)
• Recently upgraded systems, lobbies, and shared areas
• Strong financials and predictable management

In newer developments especially, buyers are placing real value on design cohesion, how the lobby, hallways, amenities, and residences all feel as a unified experience.

Buyers are comparing:
• Brand of the developer
• Level of finishes
• Amenity experience
• Long-term maintenance expectations
This is why two similar apartments can perform very differently depending on the building they sit in.

For buyers, this impacts resale value and long-term demand.
For sellers, it directly affects how aggressively a property can be priced.

If you’re advising clients evaluating opportunities in NYC, I’m always happy to provide perspective on which buildings are outperforming and why.

-Ramin Habibi

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