|
 |
|
Market by Martin |
|
|
New and Noteworthy |
|
Manhattan Market Report Q1 2024 Tired of standing on the sidelines, buyers are starting to return to Manhattan, as greater acceptance of elevated mortgage rates and all cash financing drove pending sales (signed contracts) upward, climbing by 9.3% in Q1 compared to Q4 and 1.7% year-over-year. Ultra-luxury apartments priced $20 million and above saw a 140%the surge in contracts signed. (Full Report) |
|
|
Is The New York Stock Exchange Going to Transition to 24/7 Trading? The New York Stock Exchange (NYSE) is considering 24-hour stock trading, aiming to mirror the uninterrupted trading environment of cryptocurrency markets. The exchange has launched a survey to gauge market interest and determine safeguards for such an expansion. (Full Story) |
|
Albany Passes Final Budget That Includes Mayoral Control & Housing Deal The state Legislature spent much of the week voting on the $237 billion spending plan it negotiated with Gov. Kathy Hochul, which includes a long-sought-after housing package and measures meant to crack down on retail theft and unlicensed marijuana shops. That bill is known in Albany parlance as the “Big Ugly” since it’s crammed full of the budget’s most debated issues. (Full Story) |
|
|
Team News |
|
|
Taking in the Spring |
|
New York really comes alive this season and with it brings a sense of hope and renewal. We love taking in the energy, the changes in scenery, and the feeling we get when we walk around this vibrant city. We hope you are enjoying this season and all it has to offer. If you are looking for things to do (like catching the Cherry Blossoms at their peak at the Brooklyn Botanical Gardens), click the button below. |
|
Our Properties |
|
|
|
|