Leaders at the Bell with Geoff Gottlieb, Member at Christie's International Real Estate, Sep 17, 2025

In this conversation from the New York Stock Exchange, Geoff Gottlieb of Christie's International Real Estate joins Víctor Hugo Rodríguez to unpack the trends shaping one of the world's most complex property markets. Gottlieb stresses that New York City is not a single market but a mosaic of sub-sectors — Manhattan, Brooklyn, condos, co-ops and luxury penthouses — each behaving differently. As of August 2025, NYC transactions are up about 11% year-over-year, with Manhattan sales rising roughly 10% as sellers trim prices by around 5%; renovated condos see strong demand while unrenovated co-ops face a more selective pool. With mortgage rates in the low 6% range, cash buyers are seizing opportunities. Gottlieb highlights a resurgence of foreign capital from Latin America, Europe and Asia, with the luxury ($4M+) and ultra-luxury ($10M+) tiers especially active as global investors treat New York real estate as a safe-haven store of value — and underscores that, despite short-term political and rate volatility, the city's long-term trajectory remains one of growth and stability.