We're Seeing Signs Of Buyer Confidence As Labor Day Approaches, Evidence For A New Bull Market In Stocks Is Rapidly Piling Up, Toll Brothers Brings in Sculptor On Their Latest Manhattan Development followed by

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New and Noteworthy

We're Seeing Signs Of Buyer Confidence As Labor Day Approaches

Last week in Manhattan, 205 contracts were signed; a 9.6% increase over the previous week. Brooklyn saw 147 contracts and a 9.7% increase, virtually identical to Manhattan's.

Despite higher interest rates and economic uncertainty, there haven't been a huge number of buyers backing out of contracts. (Report)

Evidence For A New Bull Market In Stocks Is Rapidly Piling Up

This was the answer Mike gave to the question about how he went bankrupt in Earnest Hemingway’s “The Sun Also Rises.” It’s a good way to think about how any change occurs when viewed without a proper perspective.

In the stock market, themes that first emerged over the second half of 2021 persisted for the first half of 2022. (Full Story)

Toll Brothers Brings in Sculptor On Their Latest Manhattan Development

Sculptor Capital Management has taken a minority stake in the Rockwell - a 13 story, 81-unit condo on the Upper West Side. The project near completion and sales will start in the fall. The residences will feature high-end luxury finishes and residents will enjoy a best-in-class amenity package. (Full Story)

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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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We're Seeing Signs Of Buyer Confidence As Labor Day Approaches, Evidence For A New Bull Market In Stocks Is Rapidly Piling Up, Toll Brothers Brings in Sculptor On Their Late...

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