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Gregory J. Heym

Gregory J. Heym

Chief Economist
gheym@halstead.com
212-546-1069

Gregory Heym is 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, 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.

Recent Press

Manhattan Apartment Sales In 2018 Sink To Low Hit After Financial Crisis

Wall Street Journal - Saturday, December 29, 2018

Condo Sales Stall At Trump Tower

Wall Street Journal - Wednesday, May 2, 2018

Manhattan Apartment Sales Chill Amid Supply Increase

Wall Street Journal - Wednesday, March 28, 2018

Manhattan Office Leasing Activity Reaches three-year High

The Real Deal - Wednesday, January 17, 2018

Price Slashing On Manhattan Homes Is Starting To Slow

The Real Deal - Thursday, September 28, 2017

Price Cuts Dwindle In Manhattan Home Listings

Wall Street Journal - Wednesday, September 27, 2017

Manhattan Apartment Market Shows Signs Of Fizzling

Mansion Global - Wednesday, June 28, 2017

Greg Heym Featured On Cnbc Realty Check 01-07

Halstead Property Chief Economist Greg Heym is featured on a January 2007 segment of CNBC's Realty Check speaking about Wall Street bonuses and their effect on the NYC Market.

Greg Heym Featured On Fox Business 03-08

Chief Economist, Greg Heym, featured on a March 2008 segment on Fox Buisness discussing how housing prices have dropped in order to clear inventory.

Greg Heym Featured With Neal Cavuto On Fox Business 01-08

Chief Economist, Greg Heym, featured on a January 2008 Fox Business segment discussing with Neal Cavuto on whether housing will stage a Comeback in 2008?"

Week Of Opportunities Buyers Seminar Recap

Watch highlights & sound bytes from the July 15, 2009 Week of Opportunities Buyers Seminar before hundreds at the Scandinavia House. Diane Ramirez, Greg Heym, & others spoke on ways to take advantage of the best buyer&'s market in 20+ years.

Behind The Numbers - 3rd Quarter 2009

Halstead Property is proud to present the Behind The Numbers with host, Greg Heym, discussing the State of the NYC Market for 3rd Qtr 2009. Filmed in HD at Lisa Rose&'s 32 West 28th Street Exclusive - Web# 1698278.

Behind The Numbers - 4th Quarter 2008

Halstead Property is proud to present our second installment of Behind the Numbers for 4th Quarter 2008 hosted by our chief economist, Greg Heym. The first show was a resounding informative success garnering over 30,000 viewers.

Behind The Numbers - 3rd Quarter 2008

Halstead Property is proud to introduce its newest quarterly state of the market show, Behind the Numbers with Greg Heym. This webcast show will emphasize on the main points you should take away from the Halstead Market Report.

Behind The Numbers - 4th Quarter 2009

Halstead Property is proud to present the Behind The Numbers with host, Greg Heym, discussing the State of the NYC Market for 4th Qtr 2009. Filmed in HD at Eloise Johnson&'s 6 West 77th Street Exclusive - Web# 1760300.

Halstead Property Numbers Featured On NY1 09-07

Halstead Property is the only firm to publish a monthly market report. The report's figures were highlighted in a September 2007 segment entitled "Real Estate 101" on NY1.

Greg Heym Featured On Cnbc Power Lunch 03-08

Chief Economist, Greg Heym, featured on a March 2008 segment on CNBC speaking about whether New York City real estate will survive the collapse of major banking institutions.

Greg Heym Featured On NY1 07-03-09

Greg Heym, Chief Economist at Halstead Property, is featured on a July 3rd webcast discussing the current market trends and the fact that activity has gone up. In addition, good value and smaller units are are in demand. Footage courtesy of NY1 and ny1.com.

Lisa Wiener-Koenig & Greg Heym Featured On Fox-5 News 04-02-09

Lisa Wiener-Koenig and Gregory Heym, Chief Economist, are featured in this April 2, 2009 newscast on Fox-5 highlighting the current state of the market after the Halstead Quarterly Market Report was released. Footage courtesy of Fox-5.

Featured Blog Posts

Watch Behind the Numbers CT Webshow
Watch Behind The Numbers CT Webshow

Go Behind the Numbers on the state of Fairfield County, CT’s residential market with Halstead Chief Economist Greg Heym. This quarter’s episode was filmed on location at 909 West Road in New Canaan, CT, a spectacular shingle-style Hobbs custom built home. The 6-bedroom, 7.5-bath home is exclusively represented by Susan...
Friday, November 4, 2016

Behind the Numbers 3Q16 - NYC
Behind The Numbers 3q16 - NYC

Join Halstead Property Chief Economist Greg Heym as he breaks down the 3rd Quarter 2016 Manhattan real estate market. Our latest New York Behind the Numbers was filmed on location at 173 Perry Street 7/6 in the West Village, a gorgeous 3-bedroom, 3.5-bath duplex apartment with stunning unobstructed views of...
Thursday, November 3, 2016

Watch Connecticut Behind the Numbers Webshow
Watch Connecticut Behind The Numbers Webshow

Go Behind the Numbers on the state of Fairfield County, CT’s residential market with Halstead Chief Economist Greg Heym. This quarter’s episode was filmed on location at 20 Saint Nicholas Road in Darien, CT that was recently featured in Connecticut Cottages & Gardens magazine for it’s classic New England feel...
Monday, August 1, 2016

Watch Latest Behind the Numbers NYC Webshow
Watch Latest Behind The Numbers NYC Webshow

Join Halstead Property Chief Economist Greg Heym as he breaks down the 2nd Quarter 2016 Manhattan real estate market. Our latest New York Behind the Numbers was filmed on location at 524 East 72nd Street in the Upper East Side at a 3-bedroom, 3.5-bath condo represented by Mark D. Friedman...
Friday, July 22, 2016

Watch Our Latest NYC Market Report Webshow
Watch Our Latest NYC Market Report Webshow

Join Halstead Property Chief Economist Greg Heym as he breaks down the 4th Quarter 2015 Manhattan real estate market. Our latest New York Behind the Numbers was filmed on location at 250 West Street in Tribeca at a 2-bedroom, 3.5-bath condo represented by Clara Fronda and Joseph Truglio. Greg is...
Wednesday, February 10, 2016

From the Desk of Our Chief Economist
From The Desk Of Our Chief Economist

With our second quarter 2015 report, we have made a change in the data reported for the individual market areas found on pages 7-12. We are now presenting the median price by bedroom category instead of the average on these pages. This will provide a more stable indicator of these...
Wednesday, July 1, 2015

Our Chief Economist On State of Market
Our Chief Economist On State Of Market

A surging local and national economy, low interest rates, foreign investment and record stock prices have kept demand for Manhattan real estate very strong at a time when supply remains constrained. Low supply and the sharp price increases over the past year have led to some buyer frustration, and fewer...
Tuesday, January 6, 2015

Update From the Desk of Our Chief Economist
Update From The Desk Of Our Chief Economist

Manhattan apartment prices averaged $1.7 million in the second quarter, virtually unchanged from the first quarter’s record level, and 19% higher than a year ago. A booming new development market, which posted a record average price of just under $3.5 million, combined with a record co-op sale and scarce inventory...
Thursday, July 3, 2014

Our Chief Economist Comments on Record Prices
Our Chief Economist Comments On Record Prices

Luxury new development closings helped push the average Manhattan apartment price to a new record in the first quarter. At just over $1.7 million, this figure was 7% higher than the previous quarter, and 30% higher than a year ago. It’s important to remember that the first quarter of 2013...
Tuesday, April 1, 2014

10 Takeaways from the Halstead Annual Meeting
10 Takeaways From The Halstead Annual Meeting

TEN TAKEAWAYS FROM THE HALSTEAD PROPERTY ANNUAL MEETING There were so many highlights to this year’s Annual Meeting that was held this past Thursday at Cipriani’s 42 nd Street but we thought you would enjoy the 10 Biggest Takeaways from the corporate gathering. Enjoy!  1....
Thursday, March 6, 2014