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New and Noteworthy

Manhattan Renters Face Sticker Shock With Average Rent At $5,200

Manhattan rents rose 2% in November,  dashing hopes that prices would cool and forcing many renters to give up their leases or downsize. 

The median rent for a Manhattan apartment in November hit $4,033, up from $3,964 in October. The average rent is often skewed by luxury sales. Our advice: consider buying! 

(Full Story)

Americans' Concern About Inflation Is 3 Times Larger Than Concern for Covid-19

This time last year, the Delta variant was about to send Covid-19 cases to what would be their highest peak of the pandemic so far. It's no wonder then that 45% of Americans ranked Covid as the biggest issue facing the U.S. at the time. B

ut now, that concern has been replaced with worries about inflation and rising prices. (Full Story)

Stocks Rise On Wall Street But Remain Lower For The Week


Stocks rose in afternoon trading on Wall Street Thursday, but remain lower for the week after five straight losses. 

The S&P 500 rose 0.7%. The Dow Jones Industrial Average rose 183 points, or 0.6%, to 33,779 and the Nasdaq rose 1.1%. Tech-nology 

and healthcare companies had some of the biggest gains. Apple rose 1% and Pfizer rose 2.2%. 

(Full Story)

Team News

Decorating Tips

Tis the season to DIY decorate! With Christmas and Hanukkah are right around the corner, that means it is peak decorating season. If you are anything like us, you’ve already started decorating your home for the holidays (or have at least seriously considered it). In the link below, you will find some of our favorite design tips and tricks. Whether you are going for traditional, modern, rustic, minimal, elegant, Hanukkah, or even retro, this list has you covered.

Our Properties

71 East 77th Street, Unit 9C
Upper East Side
2 Bed | 2 Bath
16 West 16th Street, Unit 3FS
Flatiron
Studio | 1 Bath
401 West 147th Street
Hamilton Heights
7 Bed | 5.5 Bath
200 Mercer Street, Unit MAIS-G
Greenwich Village
5 Bed | 3 Bath

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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