June 2025 Newsletter
FINAL FINAL June 2025 Newsletter  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Jump Into Summer!

Summer has arrived and it's the perfect time to make a move! With longer days, warmer weather, and an active real estate market, buyers and sellers alike are seizing the opportunity to transition before the season is in full swing.


Whether you're looking to find your dream home, list your current one, or simply explore your options, now is the time to take action!

Compass in the News

Where Buyers Start Their Home Search

We're proud to share that Compass.com attracted over 21 million visits between January and March 2025 (according to SimilarWeb), making it the most visited traditional brokerage website in the industry.

Find Your Place at Compass.com

Real Estate in the News

Summer 2025 Manhattan Real Estate Preview

Looking at some of the metrics shaping the upcoming summer market to see what they reveal about the shifting dynamics for Manhattan buyers and sellers:

1. Sales Pulse 2. Market Climate 3. Supply and Demand Dynamics 4. Price Trends 5. Rental Market Signals 6. Putting it All Together

NYC Just Banned Broker Fees on Tenants

“New Yorkers will soon realize the negative impacts of the FARE Act when listings become scarce, and rents rise,” REBNY President James Whelan said in a statement.


Apartment owners have said they will pass on their leasing expenses by raising asking prices, in some cases by amortizing the amount of the broker fee over a single year.


Read Bloomberg

Behold, The Torch

The Torch is the latest in the gimmick-skyscraper era. Will this brand of weird grow on us? You never know. The Chrysler Building, when new, was considered an exemplar of flashy tackiness, and now it’s beloved for that same zing. On the other hand, some buildings that seemed awful at first stay awful. CURBED has the scoop.

Wellness Trends For Residential Real Estate

The real estate industry is rapidly evolving to address growing consumer demand for wellness-centered spaces and the challenges of a changing world. Learn more.

Did You Know?


The bottom 40% of Floridians pay almost exactly the same state and local taxes as a % of their income as the bottom 40% of New Yorkers. The top 1% pay 2.7% taxes in Florida versus New York's 13.5%. Which helps explain maybe why the very high end of Florida has performed so well while other parts are experiencing some challenges. 

Local News

New York City has Seen Lowest Number of Shootings and Homicides.


The mayor announced an unprecedented achievement: the lowest number of shootings and homicides in recorded history over the first five months of the year.


Find out more at NYC.GOV

NYC DOT Proposes Busway for 34th Street

"Busways and bus lanes are proven to move buses faster and provide riders with more reliable commutes," said MTA NYC Transit President Demetrius Crichlow. "Converting 34th Street to a busway would improve speeds for 28,000 daily riders' by up to 15 percent." NYC DOT

MTA to Stop Selling MetroCards

After 32 years, it’s time to say goodbye to the MetroCard and go all in on the fare payment system of the future.

More at Gothamist.

Local Happenings

june 27-Sept 7 (pool)

The New Davis Center Transforms Central Park’s North End

The pool at the Davis Center in Central Park, also known as the Gottesman Pool, opens for the summer season on Friday, June 27th.


Click HERE for more information!

beyond june

LGBTQ NY Travel Beyond Pride Month

From historically significant sites to energetic neighborhoods, there are countless places to explore and learn about New York’s unparalleled role in advancing LGBTQ rights.


Click HERE for more information!

June 27th, July 25, August 22

Free Movies at the Intrepid Museum

Join the Intrepid Museum’s Summer Movie Series for a special screening of Pirates of the Caribbean: Dead Man’s Chest on the flight deck. This ocean-themed movie night offers stunning views of the Hudson River and NYC skyline.

Doors open at 6:00 PM.


Click HERE for details.


And HERE for more free outdoor NYC movies.

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Health & Fitness

Tunnel Ultra: The Mind-bending 200 Mile Ultramarathon in a 1 Mile Tunnel

I have completed a 60K(37.2 miles) ultramarathon but cannot imagine tackling 100 miles, let alone a 200 mile race UNDERGROUND - mostly, in complete darkness! Race description and sign up.

These Drugs Can Cause Memory Loss

What many people don’t realize is that a number of commonly prescribed drugs also can interfere with memory. This article delves into 7 types of drugs that may cause memory loss and explores alternative treatment options.

Travel

Father's Day Weekend in Utah!

Every year I plan something special for Father's Day and for 2025 I wanted to take it to the next level. So I organized an amazing trip to Utah which included some serious hiking in Bryce Canyon(top photo) and Zion National Park. Definitely a bucket-list destination. Our private Autocamp Airstream lodging was VERY cool too! Click on the pics.

The World’s Largest Cities Over Time

Watch the evolution of the world's most populated cities from 1950 to 2025. This timelapse bar chart race visually showcases the rise and fall of major global cities as urban populations boom over the decades.

Featured Listings

carnegie hill

1349 Lexington Avenue, Unit 1F

3 BD 3 BA 1800 SF $1,795,000 (NEW PRICE)

Midtown East

100 United Nations Plaza, Unit 8A (CONTRACT SIGNED)

2 BD 3 BA 1327 SF $1,400,000

carnegie hill

49 East 96th Street,

Unit 8/9E (CLOSED)

3 BD 4 BA 1900 SF $2,200,000

carnegie hill (For Rent)

120 East 92nd Street,

Upper Triplex (SIGNED LEASE)

4 BD 3 BA $18,500

Handling curveballs with focus, calmness, a plan, and taking action.

Jeffrey Bua

The RMJ Home Team at Compass


Lic. Assoc. R.E. Broker

M: 917.991.1792

jeff.bua@compass.com

Office: 646-982-0353
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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