Penn Station Pivot Calls For Tennis Courts, Fashion Shows, and a 10-Story Billboard, U.S. Stocks End Higher Friday, With S&P 500 and Nasdaq Closing at Records, Powell likely to 'stick to script' next week Followed by

View in browser

Market by Martin

Brought to you by

The Martin Eiden Team

at Compass

New and Noteworthy

Penn Station Pivot Calls For Tennis Courts, Fashion Shows, and a 10-Story Billboard

Instead of a supertall tower, Developers at Vornado are now planning to turn the former Hotel Pennsylvania site into an 80,000-square-foot space for U.S. Open tennis matches, New York Fashion Week events, and a digital billboard measuring 10 stories high.

(Full Report Here)

U.S. Stocks End Higher Friday, With S&P 500 and Nasdaq Closing at Records

The Nasdaq Composite

rose to an all-time high Friday, surpassing its 2021 record.

The S&P 500 added 0.80% to 5,137 for its first close above the 5,100 threshold.

Chipmaking giant Nvidia

, which has led the tech rally by surging more than 260% over the last 12 months, was up another 4% Friday.

(Read More)

Powell likely to 'stick to script' next week

Federal Reserve Chair Jerome Powell testifies next week before House and Senate committees, a semiannual exercise. While Powell is likely to be pressed about the direction of the monetary policy, he will stick to his script, urging patience on the rate cutting front as policymakers wait for more data to confirm that inflation is falling sustainably toward their 2.0% target. (Read More)

Team News

This month, we honor the trailblazing women who have shaped history, broken barriers, and inspired change. From pioneers who fought for equality to the modern day heroes making a difference today, women have always been at the forefront of progress.

Let’s take a moment to recognize and appreciate the strength, resilience, and brilliance of the incredible women who have shaped this world.

Our Properties

63 East 9th Street, Unit 3G Greenwich Village 1 Bed \| 1 Bath Open: 3/3 02:00 Pm - 03:00 pm	39 South Portland Avenue Fort Greene 7 Bed \| 5 Bath
39 West 67th Street, Unit 101/201 Upper West Side 2 Bed \| 2 Bath	71 East 77th Street, Unit 9C Upper East Side 1 Bed \| 2 Bath

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.

Leave a Message

Thank you for your message. We will be in touch with you shortly.

Penn Station Pivot Calls For Tennis Courts, Fashion Shows, and a 10-Story Billboard, U.S. Stocks End Higher Friday, With S&P 500 and Nasdaq Closing at Records, Powell likely...

Featured Blogs

Things you should know about NYC's Nomad neighborhood

New York Governor Takes Aim At Wall Street's Home Buying Activities, Southern California Fires, Laws Going I…

Q4 Manhattan Market Report, The Stock Market's First Taste of 2025, 65 Achievable New Year's Resolutions You…

5 NYC Housing Market Predictions for 2025, Stocks Slide As Tesla Leads Big-Tech Slump; Major Indexes Hang On…

Stocks, The Fed, and Bonds, Oh My, Happy Holidays New York, Best of 2024

Another Banner Year, 2025 Real Estate Market Predictions, NYC Council Passes Mayor Adams’ Controversial ‘Cit…

Work With Us

Leave a Message

Thank you for your message. We will be in touch with you shortly.

Penn Station Pivot Calls For Tennis Courts, Fashion Shows, and a 10-Story Billboard, U.S. Stocks End Higher Friday, With S&P 500 and Nasdaq Closing at Records, Powell likely...

SIGN UP FOR MARKET BY MARTIN NEWSLETTER

Thank You

Featured Blogs

Things you should know about NYC's Nomad neighborhood

New York Governor Takes Aim At Wall Street's Home Buying Activities, Southern California Fires, Laws Going I…

Q4 Manhattan Market Report, The Stock Market's First Taste of 2025, 65 Achievable New Year's Resolutions You…

5 NYC Housing Market Predictions for 2025, Stocks Slide As Tesla Leads Big-Tech Slump; Major Indexes Hang On…

Stocks, The Fed, and Bonds, Oh My, Happy Holidays New York, Best of 2024

Another Banner Year, 2025 Real Estate Market Predictions, NYC Council Passes Mayor Adams’ Controversial ‘Cit…

Work With Us

Get in Touch

Let's Get Started

Contact Details

MARTIN EIDEN TEAM