The coronavirus stays contained in most of our metropolis. New Yorkers should decide to retaining it that means. This week, New York State ranked 49thĀ out of 51 states (together with the District of Columbia) in coronavirus positivity charges, at underneath 1.5% total. New York Metropolis fared slightly worse, with an total positivity price of round 2%. What’s extra troubling, nevertheless, is the truth that the variety of instances is rising throughout town each week. Most of Central and Decrease Manhattan continues to have positivity charges under 1.5%; there are just a few pockets in Higher Manhattan the place the positivity price exceeds 2% and one zip code through which the speed exceeds 3.5%.

Total, Manhattan residents are holding their very own as instances spiral uncontrolled in a lot of the nation. Hopefully we New Yorkers realized our lesson in March and April, and we’ll stay masked and socially distanced for the foreseeable future. Nobody (together with the Pfizer
PFE
CEO) expects a vaccine to be in huge circulation earlier than the second or third quarter of 2021. Within the meantime, we actual property brokers maintain displaying and promoting residences.

The final two weeks had been sluggish in actual property, little question due to the election. Now that the outcomes have been calculated, we’re seeing a stream of consumers return to {the marketplace}. Whilst stock ranges proceed to rise whereas absorption accelerates, costs on bigger models stabilize at decrease ranges than town has seen in nearly a decade. Itā€™s a courageous new world.

We perceive now that there might not be a return to ā€œregularā€ because the world understood that phrase earlier than the pandemic. A brand new regular, maybe involving masks in sure conditions and care about what and whom we contact and what we sterilize, will regularly descend on us. However as a lot because the virus, New Yorkers concern seeing town shut down once more. The financial and private penalties of such a necessity defy description. Numerous extra companies would fail. Psychological well being would deteriorate additional, as would infrastructure. To a point, the attainable outcomes stay in our fingers as residents.

President-elect Biden won’t regard New York Metropolis as an ā€œanarchist jurisdictionā€ and can nearly definitely open the faucet of federal aid cash. Whereas that may assist town to get better, nothing will take the place of functioning companies producing income and paying taxes. Thatā€™s the half that requires our consideration.

Within the residential actual property enterprise, each displaying is accompanied by an trade of COVID varieties certifying that not one of the individuals have been sick or been (to the very best of their data) uncovered to somebody who was sick inside the previous two weeks. Many buildings through which we present have a service individual on the door taking temperatures. Elevators are principally restricted to not more than two individuals, and principally nobody will get into an elevator with a stranger in it. And we’re all masked, on a regular basis, from the second we meet the consumer or arrive on the constructing till we elbow bump and say goodbye.

We are able to do that. We are able to proceed to function our enterprise whereas remaining as protected as attainable. However we have to do it collectively. Our fingers washed, our sanitizer in our pockets or purses, our masks, plain or ornamental, shut at hand to be donned the second we come into contact with any individual outdoors our family, we are able to maintain our metropolis functioning and maintain heading in the direction of restoration. Itā€™s as much as us.

Sources for COVID-19 Pandemic Numbers:

Supply Article #1: Governor Cuomo Updates New Yorkers on Stateā€™s Progress During COVID-19 Pandemic

Supply Article #2: NYC Health COVID-19 Latest Data

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