Amazon Brings Balance to 'Overbuilt' NYC, Thor Equities' Sitt Says

The video discusses the changing landscape of Manhattan's real estate market, highlighting historical trends, overbuilding, and the shift towards a technology-based economy. It examines the impact of new market entrants, the psychological effects on the market, and the competitive dynamics that influence salaries and market balance in New York City.

What factors contributed to the overheating of the Manhattan real estate market?

How did the Great Recession impact the recovery of New York's real estate market?

What changes in the economy are mentioned that affected the real estate market?

Discuss the implications of the influx of technology companies on New York's job market.

What are the potential effects of competitive pressure on salaries in New York City?