Copy of Copy of February 2023 Newsletter

View in browser

COMPASS

“Whoever has saved the life of one soul, it is as if they have saved the life of all humanity.

The mighty earthquake in the lands of Turkiye and Syria have made us wake up to the message of life and death which we are constantly being told in this world of ours.

As we see the unimaginable scenes of families and children
struggling to breathe under the weight of buildings and floors, bodies buried in what was once their happy homes, it is clear how this is a test of our humanity and our faith. And we should never ever give up or despair and never give up hope.

It is we who survive the need to act now with hearts of compassion and charity. May God bless all the people who are working to retrieve every possible soul from the weight of this disaster. Whoever can help must do so, because where there is death and destruction, there is also life and building to do. Please do what you can to carry on the good work and send your help and donations to the charity of your choice.”

- Yusuf / Cat Stevens (2/9/2023)

Compass in the News

Compass' end-to-end platform enables agents to advance from first contact with a client — i.e., entering their information into the CRM — to close (getting paid)...and so much more! 

Experience the Industry's First Ever Contact-to-Close Platform, HERE.

Read More About It in Real Estate News.

Real Estate People (me) in the News

34 years ago this month I began my career in NYC residential real estate. I am happy to say, I am still standing, still learning and still very much engaged.

In 1989...

Besides the landline, fax machines were the main means with which to communicate. Email came on the scene in the mid-90s as Internet Mail, later renamed Outlook. Mobile devices were not yet in wide use and property listings were on index cards.

•A 30 year mortgage rate (February) was 10.65%.
•David Dinkins was elected as the city’s first African American Mayor.
•Seinfeld began its historic run.
•The Yankees finished in 5th place at 74-87. But I was still a loyal fan!

<*<*>*<*>*<*>*<*>*<*>*<*>*>

DID YOU KNOW?

About 30% of all foreign buyers in the USA come from Canada, Mexico, China and India. 35% of foreign buyers choose Florida and California, both sunshine states. 

No, most foreign buyers are not billionaires or oligarchs! 70% of these buyers came from business or personal contacts. Foreign buyers represent less than 2% of all existing home sales annually. In 2021 less than 1/3 of the volume of sales happened compared to 2010. 

31% of Chinese buyers bought in California and 10% in New York, and they had the highest average price point at $1 million.  44% buy all cash. And 44% bought these homes as vacation homes. 58% of Canadian buyers bought for vacation purposes. Just 3% of foreign buyers called on their own or walked into an open house. READ @ NAR.

More Real Estate
The greenery floors and a casino and a giant Ferris wheel constitute a splashy vision. CURBED has the scoop.

In November, the vision for those empty blocks along the East River in Murray Hill was revealed. 3 big towers with open-to-the-air amenity spaces partway up, all facing a broad green hill crowned with an enormous Ferris wheel. There will be a 1,000-room hotel and a performance space as well as a museum devoted to the history of democracy, which is a cute enough way to marry hard-core capitalism with social relevance.

Local Happenings

Cultural INSTITUTIONS

Explore Harlem NYC

The history lives on with the burgeoning art scene and critically acclaimed music and theater performances that can only be experienced Uptown. 

*The Studio Museum
*The National Black Theater (pic)
*The Apollo Theater
*The Museum of the City of NY
*The Schomburg Center for Black Culture and Research
*El Museo Del Barrio
*The Hispanic Society

beginning - feb 10, 2023

Travel in a 1940s Train Along the Hudson River

If you thought the term “red-carpet treatment” came from Hollywood, think again. The phrase actually began with railroads in the early 1900s, when the New York Central used crimson carpets to direct people boarding its luxurious 20th Century Limited, which it eventually advertised as “the most famous train in the world. Now, the luxury train is taking off once again—and you can be on board. Read Smithsonian Mag.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~

February is BHM

Black History Month is a time to remember and celebrate the legacy of the incredible Black leaders, creators, and barrier breakers that continue pushing the needle towards progress and equity.

Let me direct your attention to 3 organizations working to support and amplify the next generation of entrepreneurs, leaders, three innovators.

• Code2040: Connecting Black and Lantinx new grads to companies, mentors and peers in the tech industry to promote inclusive workplace representation: LINK

• Black Girls Code Inc: Dedicated to teaching girls age 7-17 computer programming and technology: LINK

• Black & Brown Founders: Providing support, education and access to Black & Brown entrepreneurs to help launch and develop tech businesses: LINK

< 0-0-0-0-0-0-0-0-0-0-0-0 >

The Wonders of Urban Nature 

Wintering in Central Park: 
How Urban Wildlife Survives Seasonal Change Central Park Conservancy

More Remembering & Celebrating Black Leaders

10 Things You May Not Know About Martin Luther King Jr. For details on each of the 10, read History Stories HERE.

King's birth name was Michael, not Martin.
King entered college at age 15
King received his doctorate in Systematic Theology
King;s "I Have a Dream" speech was not his 1st at the Lincoln Memorial.
King was imprisoned 30 nearly times.
King narrowly escaped an assassination attempt a decade before his death.
King's last public speech foretold his death.
Members of King's family did not believe James Earl Ray acted alone.
King's mother was also slain by a bullet.
Washington, Lincoln and Cesar Chavez are the only other Americans to have their birthdays observed as a national holiday.

...In Health & Fitness

Chef Babette Interviewed by Rich Roll

Born and raised in East LA, Davis spent much of her childhood unwell. She suffered from allergies, eczema, & asthma. Her mother was a single parent who often worked 2 or 3 jobs. “I had to endure some unpleasant situations,” she remembers, “so along with the physical illnesses, I saw abuse in my family, and I am a victim of child molestation myself.” A strong work ethic and a vegan diet aren’t the only things that keep Davis going. She tries to work out 4 times a week with her trainer - and 3 additional days on her own indoors or out.

Hers is a compelling and inspiring story. Click HERE for the interview

Ted Corbitt

Known as "the father of long-distance running," Ted Corbitt was the first Black American runner to compete in the Olympic marathon and the founding president of New York Road Runners. He completed 223 marathons and ultramarathons—winning 30 of them.

Read more about Ted's accomplishments.

*******************

A Life Well Lived

Harold Brown (1924–2023), U.S. Air Force officer, Tuskegee Airmen

Harold Brown was a U.S. Air Force veteran who flew missions in World War II and the Korean War. He was one of the last surviving Tuskegee Airmen, the group of primarily Black pilots who earned an outstanding combat record despite military segregation. 
Watch this short video.

Featured Listings

Midtown East

221 East 50th Street, Unit 6B

Studio   1 BA - Contract Signed

midtown east

Coming Soon

4 BD   3.5 BA   2989 SF

carnegie hill

Coming Soon

3 BD   2 BA

30 Client Testimonials

Jeffrey Bua
RMJ Home Team

Lic. Assoc. R.E. Broker
M: 917.991.1792
jeff.bua@compass.com

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.

© 2022 Compass. 90 5th Avenue, New York, NY 10011. All rights reserved. This email is a promotional message. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. Information deemed reliable but not guaranteed. This is not intended to solicit property already listed.

This email was sent to %recipient.email%

Unsubscribe from Jeffrey Bua

Unsubscribe from all Com