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| | As November sweeps in with its crisp air and vibrant colors, we're excited to bring you our monthly newsletter to keep you informed, inspired, and connected. This month we invite you to dive into the warmth of gratitude, share in the spirit of Thanksgiving, and explore a treasure trove of content designed to help you find your place. |
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| | | Your October 2023 NYC Market Snapshots are Here! |
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| Curious about the real estate market? I'm here to provide valuable insights into the market so you can stay educated and informed. I'm pleased to share Compass' October 2023 NYC Market Snapshots, highlighting the prevailing trends shaping the market |
| | | Have questions about market forecasts and trends, or anything else real estate-related? I'd love to connect! |
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| The NYC Rental Market is Cooling Off |
| The New York City rental market appears to be cooling off, but if you’re on the hunt for an apartment don’t expect a big discount. That’s because in NYC, the opposite of soaring rents generally is a flat line—or maybe a small dip. The NYC rental market “is doing what we expect and topping out after two months of record rents,” Miller says. August is usually prime leasing month, but this year there was a drop in new signed leases compared to the prior year, a continuation of a trend toward renewing lends vs. signing new leases that picked up in July. There are other signs the rental market turned a corner in September: The vacancy rate exceeded the 3 percent threshold for the first time in more than two years. And bidding wars are down to just 10 percent of all deals. A year ago, they represented 14.6 percent of new leases. |
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| | Is Your House Too Big for You? |
| How to tell if you actually need that McMansion - and what to do next. |
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| | New Development Spotlight |
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| | | From the prized partnership of Robert A.M. Stern and Related, the elegant residences at Tribeca Green are thoughtfully composed for city life without compromise. The comprehensive modern renovation, including a new landscaped roof deck, brings understated glamour and impeccable quality to north Battery Park City, New York’s only resort-like community directly on the Hudson River waterfront. Located in an idyllic corner of North Battery Park City, Tribeca Green sits surrounded by Teardrop Park and Nelson Rockefeller Park, the Hudson River and the famed Battery Park City Ball Fields. This urban oasis is New York City’s greenest neighborhood and affords easy access to the best Downtown has to offer – neighborhood amenities, excellent schools, exciting shopping, hip restaurants and bars, as well as prominent Downtown employers. |
| Studios start from $775,000 1 Bedrooms start from $850,000 2 Bedrooms start from $1,550,000 |
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| | A Marcus Samuelsson Restaurant Opens in New York’s Stunning New Arts Center |
| Metropolis by Marcus Samuelsson is a vibrant contemporary American restaurant from Marcus Samuelsson and Executive Chef Ed Tinoco. A stunning New York destination inside the landmark Perelman Performing Arts Center, the cultural cornerstone and final public element of the World Trade Center site, Metropolis features a menu inspired by the neighborhoods and treasured culinary traditions of New York’s five boroughs. Designed by David Rockwell, Metropolis features a dazzling and yet warmly inviting dining room and bustling bar, a landscaped outdoor terrace and a lobby lounge featuring free-to-the-public artistic programming. A wine bar adjacent to the venue’s multiple theaters will offer thoughtfully curated wines, local beers, and snacks for theater-goers. |
| | 251 Fulton St, NY, NY 10007 |
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| | The after-dark exclusive event in Brooklyn's floral sanctuary is back for another illuminated season! Experience the magic of the garden's moonlit Lightscape with festive music, a range of special treats along with the exhibit of new works of art on display. This is a fun, all-ages event! Click HERE to learn more! |
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| | | Performances include Corps extrêmes from the jaw-dropping French aerialist and choreographer Rachid Ouramdane; Broken Chord—a stunning choral piece with dance from South Africa’s Gregory Maqoma and Thuthuka Sibisi; Trajal Harrell’s dazzling The Köln Concert, and many more. Click HERE to learn more! |
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| | The Macy's Thanksgiving Day Parade |
| The annual pageant of giant balloons, floats, cheerleaders, clowns, marching bands, theater and Broadway in New York performances and celebs is a must-see. Click HERE to learn more! |
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| | Bryant Park's Winter Village |
| Bryant Park's Winter Village is now open in NYC with exciting holiday shops, food and activities through March 3, 2024. This year, over 180 new and returning kiosks will be there for you to peruse through—all at one of the best NYC parks. Click HERE to learn more! |
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| | 25 Best Thanksgiving Dinner Restaurants in NYC |
| Thanksgiving is quickly approaching and it’s time to start figuring out where and how you want to spend your holiday. We all know how much preparation goes into the big meal, so we thought we’d help you out a bit! In this list, we gathered up some of our favorite restaurants serving Thanksgiving dinner on the big day, and also some places that you can grab food to complete your at-home meal. However, you decide to spend it, at least consider one of these handpicked NYC spots! |
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| | Lifestyle Tips and Tricks |
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| Take your Decor from Halloween to Thanksgiving |
| With two major holidays in one season, the price to decorate your home can quickly rack up. Keep costs (and waste) low but style high with transitional decor ideas that will carry you through the Holiday Season. |
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Ultimate Living Room Design Do's and Don'ts |
| Having a living room that can do it all doesn't have to be hard! Follow these design rules and yours will be in tip-top shape in no time. |
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| 2024 Wellness-Enhancing Smart Home Trends for your Kitchen |
| Many of the amenities found in the latest kitchen trends are empowered with smart home technology... |
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| Rent or Own? Which is the Best Housing Choice in Retirement? |
| The secret to living large in a tiny bedroom is in the details. |
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| | 84 Front Street, Unit 11D |
| 2 BD 2 BA 921 SF $1,197,000 |
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| | 84 Front Street, Unit 11D |
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Thanks for reading and subscribing! Ready to achieve your next real estate goal? |
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| | NY/NJ | Member of True North Team |
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Office: 212-913-9058 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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