Your weekly market update has arrived. Brought to you by the Martin Eiden Team at Compass. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Market by Marty

Brought to you by

The Martin Eiden Team

at Compass

New and Noteworthy

#ThisIsCompass

This week, Compass President Neda Nevab and CEO/Founder Robert Reffkin presented to the company the Top 10 Facts about Compass. There have been many stories circulating about Compass recently, but not all of them tell the whole story. These 10 facts set the record straight and give us renewed sense of hope for the future of the business. (Top 10 Facts)

Stocks Sink As Fed, Global Central Banks Ramp Up Inflation Fight

US equities declined for a third session Thursday as traders positioned for a more aggressive Federal Reserve in the months ahead as the fight to tame inflation around the world intensifies.

The S&P 500 was down 0.6% as of 12:38 p.m. in New York after bond yields hit multiyear highs on rate jitters.

(Full Story)

Pandemic Unemployment Fraud Estimate Rises to $45.6 Billion

The office of the inspector general of the Labor Department, previously attributed about $16 billion to duplicate COVID unemployment relief payments or payments made to dead people, individuals with suspicious email accounts or federal prisoners. The office now says the federal government probably made $45.6 billion in such payments. (Full Story)

Team News

Art Basel 2022

Later this year, we will be attending Art Basel in Miami Beach! We are very excited to see the new exhibitions, galleries, and artists featured in this year's special 20 year anniversary of the event. We are also meeting with fellow members of the Sports and Entertainment Division of Compass to discuss how we can better support our clients in this exclusive category.

Are you interested in attending?

I have access to tickets at a discounted rate.

Reach out directly for more information.

Reach Out

Our Properties

825 Riverside Drive Washington Heights 9 Bed \| 3.5 Bath	50 Bridge Street, Unit 419 DUMBO 1 Bed \| 1 Bath
357 West 29th Street, Unit B1 Chelsea 3 Bed \| 2 Bath	71 East 77th Street, Unit 9C Upper East Side 2 Bed \| 2 Bath

See All Properties

We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info.

Martin Eiden Team

M: 917.701.8898
met@compass.com

martineidenteam.com

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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.