What New York City homebuyers need to know during the coronavirus pandemic
For New York’s real estate industry, spring is typically the busiest time of the year: New condo developments ramp up their sales launches, renters are looking for new apartments, and sellers are eager to list their homes. But this year, things are drastically different. New York City is the country’s epicenter of the COVID-19 pandemic, and most of the state is on lockdown in an effort to stem the spread of the novel coronavirus. That includes the real estate industry—though it’s been deemed essential under Gov. Andrew Cuomo’s PAUSE order, market activities are virtually impossible to conduct with strict social distancing guidelines in order..