Your weekly market update has arrived.
Market by Marty
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U.S. Stocks Are Unusually Strong Run Heading Into The Holidays
The U.S. stock market has been on a tear as it heads toward the holiday season. Last week, the market had four consecutive days of all-time closing highs which marked the longest winning streak together since October 2017, according to Dow Jones Market Data. The economy continues to cook! (Full Story)
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Steven Witkoff poised to seize ‘Twists’ tower project in Chelsea
There might soon be new life for the city’s most-watched, stalled residential development — the twin-tower condos known as XI at Eleventh Avenue and West 17th Street.
Powerful New York real estate investor Steven Witkoff is in a prime position to take control of the $2 billion project on the High Line where work stopped 20 months ago. (Full Story)
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How Data Is Reshaping Real Estate
Tech start-ups are offering new tools to help retailers and entertainment venues be more efficient by counting crowds, tracking foot traffic and following local shopping habits in an effort to make commercial real estate more efficient. But privacy advocates are sounding the alarm about the technology as Big Tech is under increased scrutiny. (Fully Story)
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This November we reflect on a remarkable sale made in the historic Chelsea neighborhood last year. Two pre-war townhomes sat on the market for over 1000 days, waiting for vision to discover it. Within 64 days the Martin Eiden Team had it sold.
Why live in someone else's dream when you can live in your own?
There is something incredibly special about walking through the bones of a building. You meander, imagine, and dream about how the space can fully be yours. You get an unfiltered look at what the space inherently features; rich brick work, decadent staircases, large floor to ceiling windows.
When we staged this mansion, instead of just taking photos of the construction site, we gave it splashes and moments of what you can do yourself. Seeing a reading chair dapple in sunlight at the top of the staircase can immerse the buyer in the experience and feeling of a home. Styling and staging works!
What was learned from this experience is that vision is abundant among individuals and there are ways to make it come to life. We see clients across the board making home improvements when buying or selling. Could Compass Concierge be right for you and your home improvements?
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201 Clinton Ave, Unit 12B
2 Bed | 1 Bath
OPEN: 11/14 11:301M - 12:30PM
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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.
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© Compass 2021 ¦ 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.
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