Your weekly market update has arrived.
Market by Marty
|
|
|
The Senate Confirms Ketanji Brown Jackson to the Supreme Court
The Senate has voted 53 to 47 to confirm Judge Ketanji Brown Jackson as the 116th Supreme Court justice. When sworn in this summer, Jackson will be the first Black woman to serve on the nation's high court.
"This is one of the great moments of American history," Senate Majority Leader Chuck Schumer said before the vote. (Read More)
|
Q1 2022 Manhattan Market Insights Report
There was a buying spree in Manhattan in Q1 as a cluster of factors–escalating rents, a desire for more space, and the return of pieds-a-terre buyers–created a sense of urgency. Overall, condo and co-op sales climbed 35.7 percent year-over-year, a Q1 record, reaching over $7B in sales volume. Condos sales alone surged 47.3 percent compared to last year, driving prices up. (Full Story)
|
|
|
|
Manhattan Residential Real Estate Sales Hit a Record $7.3 Billion in Q1
Manhattan residential real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing, according to new sales data. Total sales volume surged by 60% to over $7.3 billion, as falling inventory also led to continued growth in prices.
(Full Story)
|
We just submitted our Chelsea Mansion sale to be considered for REBNY's Deal of the year.
Do you think it will win?
Here are some of the reasons we think it will:
We overcame immense challenges to make this sale. When we received the listing, it was a completely gutted abandoned construction site that had sat on the market for over 1000 days. We put a 40' x 20' foot vinyl wrap on the facade to show onlookers what the finished product could look like. We then styled and staged this construction site to help potential buyers picture what it could be. During the the most contentious political election of our lifetimes and during a global pandemic with no vaccines yet available, we showed the property to almost 50 buyers and sold it in 60 days. If that isn't Deal of the Year material, we don't know what is! What do you think?
Click the link below for a video of how we did it
|
1 Bed | 1 Bath
Open: 4/10 11:30AM - 01:00PM
|
357 West 29th Street, Unit 1B
3 Bed | 3 Bath
Open: 4/10 02:00PM - 03:30PM
|
114 West 17th Street, Unit 5F
|
575 Park Avenue, Unit 1407
|
|
We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info.
|
|
© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
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.
marketingcenter-newyorkcity-manhattan |
|
|
