Welcome Back,

Hello everyone and happy Tuesday! I hope you all had an amazing Monday and were able to get this week off to a fantastic start. With that out of the way we can now dive into what we will be discussing today and that will be another real estate market, this time in the big state of New York. Enjoy!

— Ryan Rincon

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Daily News Updates:

​Ray Dalio Criticizes Tariff Policies as Economic Disruptors​

Bridgewater Associates founder Ray Dalio has likened President Trump's tariff strategies to "throwing rocks into the production system," highlighting their disruptive impact on global economic efficiency. Dalio warns that these policies are paralyzing businesses and unsettling investors, potentially signaling a recession. ​

Market Volatility Continues Amid Trade Policy Uncertainty​

Despite a temporary pause on some tariffs, U.S. financial markets remain volatile. Investors are cautious, with concerns over declining foreign investment and the need for substantial economic policy shifts to restore confidence. ​

Critics Label Tariff Strategy as Incoherent​

Analysts have criticized the administration's tariff approach as chaotic and contradictory, undermining business confidence and investment. The inconsistent implementation and messaging have led to a rare simultaneous sell-off in stocks and U.S. Treasuries.

​Public Opinion Shifts on Economic Leadership​

A recent CBS News/YouGov poll indicates that while President Trump's Republican base remains supportive, a growing number of Americans blame his policies for the current economic downturn. Approval of his economic performance has slipped to 44%, with 54% attributing the state of the economy to his policies.

Global Leaders Advocate for Coordinated Economic Response​

Former UK Prime Minister Gordon Brown has accused President Trump of "weaponising" the global trade system through steep import tariffs. Brown urges international governments and central banks to devise a coordinated response, including synchronized interest rate cuts, to mitigate the negative economic impact.

Real Estate Investing

Market Snapshot:

Manhattan, New York

The Manhattan real estate market is experiencing a dynamic shift in 2025. The median home price has risen to $1.2 million, marking a 3.5% increase year-over-year. Despite economic uncertainties, the luxury segment is thriving, with 2,560 closed sales in Q1—the best first quarter in six years . However, inventory remains tight, with active listings down 12% compared to last year.​

• Median Home Price: $1.2 million​

• YoY Price Growth: 3.5%​

• Active Listings: Down 12% YoY​

Deal Of The Day:

Luxury Penthouse in Tribeca

• Price: $23.25 million​

• Features: Five bedrooms, five bathrooms, 15-foot ceilings, grand spiral staircase, panoramic views​

This unique penthouse, known as "The Clock Tower," offers a rare opportunity to own a piece of New York’s architectural history

Deal Rating: 5/10

As an investment this isn’t one of the best options. The appreciation rate on a property like this is amazing but he the rental income is inconsequential compared to the mortgage of the property.

Investment Strategy:

Buy and Hold in Emerging Neighborhoods

Investing in up-and-coming areas like East Harlem or Inwood can yield significant returns. Properties purchased for $800,000 in these neighborhoods have appreciated by 15% over the past two years, offering both rental income and long-term growth potential.

Current Interest Rates:

• 30-Year Fixed Residential: 6.75%​

• 15-Year Fixed Residential: 6.3%​

• Commercial Rates: Starting at 6.5%​

Interest rates remain elevated, impacting affordability and pushing some buyers towards renting, thereby increasing demand in the rental market.

Real Estate Tip:

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Navigating Manhattan's Rental Market in 2025

Manhattan's rental market remains fiercely competitive in 2025. The median net-effective rent has stabilized at $4,471, matching February's all-time high. Despite an increase in listings, demand continues to outpace supply, leading to bidding wars and minimal landlord concessions.​

Renters are staying in their apartments longer, with an average tenure of 38 months in Manhattan, surpassing the national average of 28 months. Factors such as high mortgage rates and limited affordable housing options contribute to this trend.​

Investors should note that the rental market's resilience offers opportunities for stable income streams. Properties in prime locations with amenities continue to attract tenants willing to pay premium rents.​

As the market evolves, staying informed and adaptable is key. Leveraging data and understanding tenant preferences can position investors for success in Manhattan's dynamic rental landscape.​

Economic Conditions

Manhattan's economy faces challenges with a projected 5.7% increase in property values to $1.6 trillion in fiscal 2025 . However, the city's reliance on Wall Street poses risks, as financial firms consider relocating to more cost-effective cities, potentially affecting tax revenues and employment.

Market Rating: 6.2/10

Key Takeaways:

• Market Snapshot: Manhattan's median home price is $1.2 million, with a 3.5% YoY increase.​

• Deal of the Day: A $23.25 million Tribeca penthouse offers luxury and historical significance.​

• Real Estate Tip: Utilize 1031 exchanges to defer capital gains taxes.​

• Investment Strategy: Consider buy-and-hold strategies in emerging neighborhoods for long-term gains.​

• Interest Rates: Residential rates hover around 6.75%, influencing buyer behavior.​

• Economic Conditions: Property values are projected to rise, but economic uncertainties persist.​

• Rental Market: High demand and limited supply keep rents at record highs.​

That’s All For Today

I hope you enjoyed today’s issue. If you have any questions regarding today’s issue or future issues feel free to ask. Come back tomorrow for information on how to grow your income and wealth. I hope to see you.

Knowledge:

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Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.