Volume 32 | Manhattan Living
REAL ESTATE • FOOD • CULTURE • NEWS
Dear Readers,
Happy Holidays!
As we approach the end of this decade, we give thanks as we look forward to 2020.
This decade our family went from owning a residential brokerage, Mark David & Company, to selling our company and in 2018 finding our new home at Corcoran, as one of the top teams in Manhattan. We have transacted on a multitude of deals while building amazing and fulfilling relationships along the way. Our ride has been incredible as a New York family, experiencing the ups and downs of the market and life. Wow, such opportunities for growth have brought us to where we are today. We are grateful to Corcoran for the amazing platform and unending support these past two years.
We thank our clients and friends for making this ride a fulfilling journey and are grateful for your faith in us. It’s been a pleasure to exercise and expand our expertise, closing deals in commercial, investment, and residential sales.
Exciting news continues around our exclusive at 56 Leonard. Last newsletter we announced the Anish Kapoor Bean has begun installation, and now 56 Leonard is named one of NYC’s 10 most important buildings of the past decade. It’s now a staple in the skyline and the completed Anish Kapoor bean will solidify its landmark status.
Tribeca loft living has never been more attainable with our deal of the year….25 Murray 3H..nothing else on the market offers 1,806sqft of lofty space, exposed brick, 11ft ceilings in a fully amenitized, CONDO building! Contact us for details on this deal.
The trending question is “when to list?” To our future Sellers….LIST NOW. November through March is the “sweet spot for the most favorable selling conditions.” More listings come to market in April, May, and June each year than any other three month period. More inventory = more competition for your home…sell with us, with confidence. Contact us today so we can strategize on how to make your home shine.
We saw the trend of New Yorkers flying south due to market trends and better climate. One of the best investments we visited this year was the One Thousand Museum Residences in Downtown Miami. It’s now complete and a game changer. Only 18 of the 84 exclusive residences are available. For the inside scoop on pricing and details…contact me today to secure a private showing in this great new development!
For the fun side of the NY Life, checkout the best new eateries to debut in 2019, an interior design feature on Pierre Yovanovitch, and a luxury gift guide for the holidays.
We’ve included the most current luxury market snapshot by the Olshan report. The luxury market has picked up quite significantly. As real estate advisors with in depth knowledge on how deals are being done – chat with us. Together we can leverage the market to your favor.
If you follow us on Instagram, you’ve seen our tour of the spectacularly designed One Thousand Museum Residences by Zaha Hadid in Downtown Miami. Featuring a double height aquatic center, triple height sky lounge, and a private rooftop helipad, this new development far exceeded our expectations.
Contact us for a VIP appointment, and visit the One Thousand site here.
How’s the Market?
Reports on Contracts Signed | December 9-15, 2019
$4 Million and Above 25 Contracts Signed
Twenty-five contracts were signed last week at $4 million and above. It marked the 5th time in the last 6 weeks that the luxury market posted a solid performance.
Co-ops comprised only 4 of the 25 signed contracts, while 13 out of 19 condo contracts signed were for sponsor/developer properties. It was the highest total of sponsor sales since the 2nd week of March.
Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
