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Gregory J. Heym

Gregory J. Heym

Executive Vice President,
Research and Communications
Terra Holdings

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.

Greg's Recent Press Mentions

Real Estate WeeklyManhattan 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

The Real DealLuxury 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

Wall Street JournalRush 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

New York TimesA 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

Wall Street JournalHamptons 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

Greg's Featured Videos

Behind The Numbers Connecticut 1st Quarter 2013
Behind The Numbers Connecticut 1st Quarter 2013

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.

Behind The Numbers Manhattan 1st Quarter 2013
Behind The Numbers Manhattan 1st Quarter 2013

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.

Halstead Property Annual Meeting 2012
Halstead Property Annual Meeting 2012

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.

Behind The Numbers Connecticut: 4th Quarter 2012
Behind The Numbers Connecticut 4th Quarter 2012

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.

Behind The Numbers Connecticut: 3rd Quarter 2012
Behind The Numbers Connecticut 3rd Quarter 2012

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.