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In this episode of Talking Manhattan, Noah and John sit down with Shaun Osher, powerhouse founder of CORE Real Estate (#1 Agent in NYC: The Thousand List: WSJ / Real Trends 2023), about the state of New York City’s housing market and the evolving landscape for brokers and developers. Shaun provides a positive outlook on NYC’s resilience compared to other markets, noting strength in both luxury and mid-level properties despite sticky rates. He highlights challenges developers face due to high costs and limited financing, which restricts new housing supply. Shaun also stresses the value of local expertise, emphasizing that agents succeed by focusing on client needs rather than self-promotion. Like other tiptop producers, Shaun's recommendation for new agents includes mentorship, niche specialization, and the power of saying "no". Woww! (the extra w is for extra wow!) Highlights: 01:05 – NYC Market Resilience & Client Management During Volatility 02:50 – Luxury Market Trends 04:00 – The Secret Behind Unsold Inventory: 05:15 – Shifting Buyer Preferences & Challenges for Developers 07:45 – Housing Crisis Solutions 09:15 – Residential Conversion Challenges 11:00 – Foreign Investment 12:15 – Value of Local Expertise & Client-Centered Practices 17:20 – Advice for New Agents 19:25 – Knowing When to Say No. Shaun's page at CORE: https://corenyc.com/agent/shaun-osher/ Connect with Shaun on LinkedIn: https://www.linkedin.com/in/shaunosher/ Follow Shaun's blog, Padkos: https://www.padkosblog.com/ Follow Shaun on Instagram: https://www.instagram.com/shaunosher --- ** FREE ** Macro Monday - LIVE every Monday at 11am! We break down what's happening in the credit, equity, and NYC real estate markets! ** Need a price cut? Want to wow a seller? Use UrbanDigs Advisor! ** Our customized pricing analysis service closes deals faster and makes you look like a hero. Plus, subscribers get a big discount, so the ROI is literally OFF. THE. CHART. Email support@urbandigs.com and let us know what you need! https://www.urbandigs.com/advisor/ Track the New York City real estate market with real-time data and charts: https://www.urbandigs.com/ Link to our overview of Manhattan or Brooklyn real estate stats: https://www.urbandigs.com/marketwide-charts/ For more Manhattan and Brooklyn real estate conversations: http://www.talkingmanhattan.com/ Got questions? We got answers! Visit our forum: https://www.urbandigs.com/forum/index.php?forums/main-forum.2/