Real Estate in New York: Questions on Investment and Market Trends

Hello everyone,

I'm looking into real estate investment opportunities, specifically real estate in New York, and I have a few questions. With the fluctuating market trends, I’m wondering whether it's a good time to buy residential or commercial property in areas like Manhattan or Brooklyn.

How do you all view the long-term investment potential, especially with the ongoing changes in the economy? Also, any tips on navigating the competitive nature of this market? I’d appreciate hearing from those who have invested in New York real estate recently or have insight into current trends!

Thanks in advance!