Gregory Heym is Executive Vice President and Chief Economist for Terra Holdings, one of the nation's largest privately-held real estate services firms, and parent company to Brown Harris Stevens and Halstead Property. As the creator of ValuExchange, Gregory oversees the most comprehensive database of residential property sales in Manhattan and Brooklyn. He leads a fully-dedicated team of research professionals who develop and prepare Market Reports for Manhattan, Brooklyn, Connecticut, the Hamptons, New Jersey, Riverdale and Palm Beach. He is also the creator of The Heym Report, a monthly look at the national and local economies.
Gregory is also widely recognized as an industry expert, and is frequently quoted in The New York Times, Wall Street Journal, Financial Times and other national print media outlets. He is a frequent on-air news contributor to CNBC, Bloomberg TV and NY1, and a member of the New York City Economic Advisory Panel.
Prior to joining Terra Holdings, Gregory served as Vice President and Chief Economist for The Real Estate Board of New York. In this role, he created and authored the Condominium Sales Report, Retail Report and REBNY Market Report, as well as forecasting New York City economic conditions. Gregory also served as the government affairs liaison responsible for drafting position memos and performing financial analysis of state and city budgets, development projects and tax benefit programs. REBNY continues to call upon Greg's expertise to this day as an instructor for the organization's New York Residential Specialization Program.
Gregory's professional background also includes working as an Economist for the U.S. Department of Labor Bureau of Labor Statistics. He graduated summa cum laude with a Bachelor of Science in economics from Saint John's University, and received a M.B.A. in finance from Hofstra University.
Manhattan Homes Sold In A Day On a recent Spring Sunday, a French architect seeking to buy a townhouse in Harlem, attended a breakfast and Open House Tour hosted by the Real Estate Board of New York (REBNY). After meeting and speaking to several brokers however, he abruptly left, with his...
Real Estate Weekly - Wednesday, May 01, 2013
Luxury Sellers Who Rushed To Avoid Fiscal Cliff May Have Been Too Hasty Experts Say Manhattan home owners who scrambled to unload high-end properties just before the nation went over the fiscal cliff a few months ago probably lost money because the madcap rush pushed prices down, the Wall Street journal reported. December set a record for luxury sales, more than 60 percent above...
The Real Deal - Thursday, March 07, 2013
Rush To Sell Apartments May Backfire When it comes to real-estate deals, the rich aren't that much different than everyone else: Every dollar counts. New data on real-estate closings in Manhattan show that a record number of sales of luxury properties were completed in December, just before Washington lawmakers increased the federal capital-gains tax...
Wall Street Journal - Thursday, March 07, 2013
A Buildup Of Building Permits The good news: Building permits for new developments are back on the rise, which means much-needed apartments should soon follow. The bad news: It still won’t be enough.
For the year through October, the city issued permits for 40 new residential buildings in Manhattan, for a total...
New York Times - Friday, December 28, 2012
Hamptons Home Sales Rise But Prices Decline By JOSH BARBANEL
Bargain buyers were out in force in the Hamptons over the summer, turning the period into the strongest summer season for sales since 2006.
But median prices fell by 10% during the third quarter compared with the year-earlier quarter, as sales of the most-expensive...
Wall Street Journal - Wednesday, October 24, 2012
Chief Economist Greg Heym and General Sales Manager Jim Gricar star in new Behind the Numbers 1st Quarter 2013, highlighting the current state of the Fairfield County, CT real estate market. Filmed at 1 Captain's Walk in Rowayton, CT.
Chief Economist Greg Heym joins General Sales Manager Jim Gricar for Behind the Numbers 1st Quarter 2013, covering the current state of the Manhattan Real Estate market and economy. Filmed at the Superior Ink condo in the West Village.
Highlights from the Halstead Property Annual Meeting held at Ciprianis 42nd Street to celebrate in style our top grossing year to date for the company.
Chief Economist Greg Heym & General Sales Manager Jim Gricar star in new Behind the Numbers 4th Quarter 2012 highlighting the current state of the Fairfield County CT Real Estate Market. Filmed at 10 Heather Drive in New Canaan CT.
Chief Economist Greg Heym & Jim Gricar star in the latest Behind the Numbers for the 3rd Quarter 2012 highlighting the current state of the Fairfield County CT Real Estate market & economy. Filmed at Nancy Dauk's Good Year House Listing.