The pandemic has been a savior for home sales in parts of the region that have lagged the market in recent years. Initially, renters rushed to escape the city. Some became buyers, accelerating their plans to move out of the city or deciding to add a residence, at times in unusual places.
“People in New York who bought secondary homes in the tri-state area, some of them quite substantial, are using them as a hybrid,” said Richard Grossman, Brown Harris Stevens New York regional president. “They want to spend more time out there, but they still are going to be working and coming into New York regularly.”