Ultra-Luxury Home Sales In the US Are On Pace To Set A New Record, Stocks Close Higher, S&P 500, Nasdaq Notch Six-Day Winning Streak As Comeback Rally Gains Steam, Inflation Falls Below 3% For First Time Since 2021 followed by

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New and Noteworthy

Ultra-Luxury Home Sales In the US Are On Pace To Set A New Record

A $115 million purchase of a duplex high above New York’s Central Park in June ended a nearly two-year drought for the city’s ultra-luxury real estate market.

The closing was ultimately a turning point. Less than a month later, a nearby five-story penthouse went for $135 million.

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Stocks Close Higher, S&P 500, Nasdaq Notch Six-Day Winning Streak As Comeback Rally Gains Steam

Stocks rallied last week as investors regained confidence in the economy following encouraging consumer and labor data that helped ease recession worries.

The DOW leaped 554 points, or 1.39%, to end the day at 40,563.06. The S&P 500 closed up 1.61% at 5,543.22, for its sixth straight gain.

(

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Team News

New Team Photos

Did you notice our new team photos?

More can be found on our freshly updated website and on our instagram page.

From left to right we have:

Kliment Merdzhanski: Former Project Engineer, Real Estate Investor, speaker of 5 languages, Business Owner, and Real Estate License, Master's Degree holder.

Nicholas-Ian Gequillana: Former intern turned Digital Marketing Specialist, fellow Milwaukeean, and overall great guy.

Alex Mahgoub: The SuperBroker himself, as charismatic as he is skilled, longtime real estate professional, Licensed Broker for 15+ years, social media personality/influencer in his own right, and

Rutgers alumn

"Hoo-Rah!"

Martin Eiden: Proud namesake of the Martin Eiden Team, over 20 years experience in NYC Real Estate with over $1,000,000,000 in sales to date, mentor, leader, calculated risk taker, and best boss you could imagine.

Ramzis Hadzhi: Ramzis the Great, speaker of 4 languages, not satisfied unless he is putting his absolute all into it, investor, business owner, landlord, and passionate professional.

Jarod Salinas-Dick: former Californian turned New Yorker and back again, Digital Marketing Lead for the Martin Eiden Team for 6+ years.

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1118 Decatur Street Bushwick 4 Bed \| 4 Bath OH: 8/18 1:00 pm - 2:30 pm	25 East 86th Street, Unit 1D Upper East Side 4 Bed \| 2 Bath
71 East 77th Street, Unit 9C Upper East Side 1 Bed \| 2 Bath	280 Park Avenue South, Unit 13M Flatiron 1 Bed \| 1 Bath

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Martin Eiden Team

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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.

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Ultra-Luxury Home Sales In the US Are On Pace To Set A New Record, Stocks Close Higher, S&P 500, Nasdaq Notch Six-Day Winning Streak As Comeback Rally Gains Steam, Inflation...

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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…

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