Manhattan Retail Shows Signs Of Life As Office Market Lags, Wall Street Rallies, Oil Jumps As Data Strengthens Fed Pause Bets, New Law Spells Dramatic Change To Short-Term Rentals In NYC

View in browser

Market by Martin

Brought to you by

The Martin Eiden Team

at Compass

New and Noteworthy

Manhattan Retail Shows Signs Of Life As Office Market Lags

After a long, tough three years, the market for retail space in Manhattan is warming up. Business may lag 2019 levels, but it’s good enough and rents are down enough to start luring merchants back into storefronts that were empty for a long time. Rents are at a healthy level for both tenants and landlords. (Read more)

Wall Street Rallies, Oil Jumps As Data Strengthens Fed Pause Bets

Wall Street advanced and crude prices surged last week as robust economic data failed to budge expectations that the Federal Reserve will leave its key interest rate unchanged next week. A broad rally sent all three major stock indexes higher, with the continued upward trajectory of oil prices putting energy stocks (SPNY) on top.

(Full Story)

New Law Spells Dramatic Change To Short-Term Rentals In NYC

New NYC rules on Airbnb's and short-term rentals went into effect on Sept 6th with tens of thousands of illegal short-term listings expected to be affected. Under the tighter regulations, eligible hosts must prove they live in the dwelling they are renting out and that the home is up to municipal safety codes and other regulatory requirements. (Full Story)

Team News

Happy New Year

🍏🍯 Happy New Year and L’Shanah Tovah to start this season’s High Holy Days. Here’s to a fresh start and a year filled with love, laughter, and growth.

Our Properties

70 Washington Street, Unit 12A DUMBO 1 Bed \| 1.5 Bath	431 West 54th Street, Unit 4D Hell's Kitchen Studio \| 1 Bath
70 La Salle Street, Unit 12D Morningside Heights 2 Bed \| 1 Bath	Your Property Here Selling your home? Click the image above to learn more.

See All Properties

Martin Eiden Team

M: 917.701.8898
[email protected]

YouTube Channel

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

Manhattan Retail Shows Signs Of Life As Office Market Lags, Wall Street Rallies, Oil Jumps As Data Strengthens Fed Pause Bets, New Law Spells Dramatic Change To Short-Term R...

Featured Blogs

High-Interest Rates and Low Inventory Impact the New York Housing Market, In the Stock Market, Don’t Buy and…

WeWork Seeks Bankruptcy Protection In A Stunning Fall For A Company Once Valued Close To $50 Billion, Averag…

Seller Financing: To Get Deals Done, Some Owners Give Loans To Buyers, Wall St Wavers As Markets Await More …

An Extremely Detailed Map Of New York City Neighborhoods, New York's Return-To-Office Rate trails Chicago's …

The Best Halloween Events in NYC, Dow Drops >350 Pts to End Brutal Week, S&P 500 Closes in Correction Territ…

MCNY's Centennial Exhibit, Wall Street Drifts After 10-year Yield Nears 5% And Oil Prices Ease Back, Mortgag…

Work With Us

Manhattan Retail Shows Signs Of Life As Office Market Lags, Wall Street Rallies, Oil Jumps As Data Strengthens Fed Pause Bets, New Law Spells Dramatic Change To Short-Term R...

SIGN UP FOR MARKET BY MARTIN NEWSLETTER

Thank You

Featured Blogs

High-Interest Rates and Low Inventory Impact the New York Housing Market, In the Stock Market, Don’t Buy and…

WeWork Seeks Bankruptcy Protection In A Stunning Fall For A Company Once Valued Close To $50 Billion, Averag…

Seller Financing: To Get Deals Done, Some Owners Give Loans To Buyers, Wall St Wavers As Markets Await More …

An Extremely Detailed Map Of New York City Neighborhoods, New York's Return-To-Office Rate trails Chicago's …

The Best Halloween Events in NYC, Dow Drops >350 Pts to End Brutal Week, S&P 500 Closes in Correction Territ…

MCNY's Centennial Exhibit, Wall Street Drifts After 10-year Yield Nears 5% And Oil Prices Ease Back, Mortgag…

Work With Us

Get in Touch

Let's Get Started

Contact Details

MARTIN EIDEN TEAM