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Market by Martin |
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New and Noteworthy |
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Chances Of A Recession Start To Dim As Experts Predict A Growth Rebound Many economists and investors had a clear narrative coming into 2023: The Federal Reserve had spent months pushing borrowing costs rapidly higher in a bid to tame inflation, and those moves were expected to slow growth and the labor market so much that the economy would be at risk of plunging into a downturn. (Full Story) |
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Luxury Report The luxury market in New York City had a big week, with 29 contracts signed for homes priced $4M+*. It was the first time in six weeks more than 20 contracts were signed, and the highest number since 30 $4M+ contracts were signed the week of October 17. Is this a one-off, or a harbinger of things to come? Great question. (Full Story) |
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Manhattan’s Very First Public Beach Will Open This Year The landscape architecture firm behind Domino Park and the High Line—James Corner Field Operations—had already been approved by the Hudson River Park Trust to design a public park with beach access on the Gansevoort Peninsula, and now next steps are finally taking place. (Full Story) |
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Team News |
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Join Us Every Third Thursday |
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Every month, we will be hosting a live roundtable where we discuss the current state of the NYC real estate market. We cover everything from trends, forecasts, timing, our recommendations, and more. Although we cover very high-level information, it is a casual conversation and we are joking around the whole time. It's a good time! Hope you can join us next week :) |
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Client Appreciation Gift |
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Come watch my club perform the play "Proof" this Wednesday, Feb 23rd 8:00pm a t the Amateur Comedy Club! It is a private club dating back to 1884.Come as Martin’s guest. After the show, have a cocktail or two from Martin’s liquor locker from prohibition. |
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Our Properties |
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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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