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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.

Recent Press

Trump In A Slump? Flagship Tower Sees Condo Sale Slowdown

The Real Deal - Thursday, May 03, 2018

Condo Sales Stall At Trump Tower

Wall Street Journal - Wednesday, May 02, 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

Manhattan Apartment Sales Are Rebounding

Mansion Global - Wednesday, March 29, 2017

Manhattan Apartment Sales Are Rebounding

Wall Street Journal - Wednesday, March 29, 2017

Behind The Numbers: Manhattan 4th Quarter 2017

In this episode the Village office's Haviland Morris joins our Chief Economist, Greg Heym as we tour Haviland's exclusive property on 29 East 9th Street in Greenwich Village.

Gregory Heym: Tax Reform And The City's Housing Market

Chief Economist Gregory Heym gives his views on the new tax reform and how it affects the city's housing market

Behind The Numbers: Manhattan 3rd Quarter 2017

For this quarter's Behind the Numbers, the Park Avenue Office's Dina Scheinman joins Chief Economist Greg Heym at her exclusive Fifth Avenue penthouse. Look for a special appearance from Executive Director of Sales, Itzy Garay.

Behind The Numbers: Manhattan 2nd Quarter 2017

For this quarter's NYC Behind The Numbers, our Chief Economist Greg Heym is joined by Village Office's Bo Poulsen and Kristin Herrera to find out the current state of the real estate market and tour a lovingly restored 11 room Gramercy Park brownstone exclusive. More information on listing found at www.halstead.com/17168746.

Behind The Numbers: Manhattan 1st Quarter 2017

Join Greg Heym and this quarter's co-host, the SoHo Office's Anna Shagalov, as they tour Greta Garbo's former home at 450 East 52nd Street. Exclusive agents William Kerr and Brian Lewis are also on hand to show us around.

Behind The Numbers: New York 4th Quarter 2016

For this quarter’s Manhattan Behind The Numbers, our own Kelly Deadmon from our West Side Office joins Chief Economist Greg Heym at 165 Charles Street in the West Village to discuss the current state of the Manhattan Residential Real Estate Market. Joining them is special guest, Ronan Seri, owner of top rated vegan restaurant, Blossom NYC. For the full...

Behind The Numbers: Manhattan 3rd Quarter 2016

For this quarter’s Manhattan Behind The Numbers, our own Ayo Haynes from our West Side Office joins Chief Economist Greg Heym at 173 Perry Street 7/6 to go over the current state of the Manhattan Residential Real Estate Market. Also look for a special appearance by the property brokers Mark D. Friedman and Richard Rosenthal.

Behind The Numbers: Connecticut 2nd Quarter 2016

For this quarter’s Connecticut Behind The Numbers, the West Side office’s Brian Lewis joins Chief Economist Greg Heym at 20 Saint Nicholas Road in Darien, Connecticut. This beautiful 16 room property is represented exclusively by Lucille Story and Eileen Hanford. After a four-floor race to the bottom floor, we meet Lawrence Story, the seller’s agent, in the gorgeous 2,000...

Behind The Numbers: New York 2nd Quarter 2016

For this quarter’s Behind the Numbers, Chief Economist Greg Heym is joined by Mark D. Friedman and Richard Rosenthal of the Friedman Rosenthal Team, the number one team in the Halstead West Side office. This episode was shot on location at 524 East 72nd Street, represented exclusively by the Friedman Rosenthal Team. This 8 room, 3 bedroom property features...

Behind The Numbers: Connecticut 3rd Quarter 2015

CT Market REport 3rd QUARTER2015

Behind The Numbers: New York 1st Quarter 2016

Join our Chief Economist Greg Heym as he breaks down the 1st Quarter 2016 Residential Real Estate Market. Filmed on location at 50 Madison Avenue, represented by Louise Phillips Forbes, who also co-hosts the episode.

Behind The Numbers: Connecticut 1st Quarter 2016

Halstead Chief Economist Greg Heym takes us Behind the Numbers on the state of Fairfield County Connecticut's residential market in the 1st quarter of 2016. Filmed at Rob Johnson's exclusive 518 Indian Field Road in Greenwich, Connecticut. This special episode co-stars Rob Johnson and the Village office's Jay K. Overbye.

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 04, 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 03, 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 01, 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 01, 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 06, 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 03, 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 01, 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 06, 2014