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THE MICHAEL GRAVES TEAM AT COMPASS |
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From the Desk of Justin Rubinstein |
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A New Mayor Is Great. A New Daughter Is Amazing! |
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Let’s start with politics and the upcoming administration of Eric Adams - and then, I hope you’ll indulge me as I celebrate my new role of Proud Papa . Our new Mayor (as of January 1st) represents a fresh, positive kick-start for New York City and our world of real estate. Adams’ mission to crack down on crime can only enhance our reputation as one of the safest major cities in the world. And he recognizes the economic importance of New York’s wealthiest sector – the 150,000 residents who pay 49% of the taxes that fuel the city coffers. Adams takes office at a time when folks are returning to New York from their suburban exile. When Broadway is back with standing-ovation energy. When offices are gradually reopening. And, I’m happy to report, when New York’s real estate climate is palpably hot. A seller’s market is definitely emerging. Sales during the past six months have been robust. Contract signings are up. The amount of days that listings are on the market is down. 67 contracts were signed at $4 million and above the week before Thanksgiving, a record-setting number for that period. I expect 2022 will be a seller’s market with plenty of momentum for a long ride. At times like this, buyers need the savvy guidance of a real estate pro to lock up a winning trifecta: a stunning new home, the ideal neighborhood, and a great deal. A bundle of joy. Our beautiful daughter Sullivan James Rubinstein arrived November 20th. My wife Esther and I couldn’t be more excited. What a fantastic way to end the year and welcome the future! Here’s wishing Happy, Healthy Holidays to everyone. |
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My Newest Listings |
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New Development of the Month |
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The Lexi |
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Brooklyn Is the Capital of New York’s Sellers’ Market |
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The sellers’ market in New York City rolls on, with brisk apartment sales during the third quarter of the year being just one indication: Homes sold a week faster than they did during the third quarter of 2019 (before the pandemic), according to a recent study by StreetEasy. |
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Focus on Design |
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New Interactive Installation in Flatiron Asks New Yorkers to Dream Together |
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A new public art installation opened in the Flatiron Public Plaza as part of the neighborhood’s yearly “23 Days of Flatiron Cheer” event. This year’s artwork, called Interwoven, comes from design firm Atelier Cho Thompson and features colorful interactive archways. |
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My Recently Closed Deals |
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140 East 81st Street, Unit 1E Upper East Side Co-op Status - Contract Signed 23 East 22nd Street, Unit 21 Flatiron Condo Status - Closed 221 West 77th Street, Unit 15 Upper West Side Condo Status - Contract Signed 78 South 3rd Street, Unit 1 Williamsburg Duplex Status - Closed 2100 Bedford Avenue, Unit 2J Flatbush Condo Status - Closed 30 Monroe Place 13 Unit Brooklyn Heights Portfolio Status - Closed |
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October 2021 Market Reports |
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Justin Rubinstein is a 15-year veteran of the New York City real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating for and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $600M in real estate transactions to date. As a member of the record-breaking Michael Graves Team, Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise... read more |
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