COMPASS became a publicly traded company yesterday, and we could not be more proud to be working at such a dynamic, innovative, and inspiring company for the last four years! Plus, Spring has officially sprung and so has the Manhattan residential real estate market! Our optimism in 2021 continues to strengthen
as the market continues to pick up momentum each month. For eight straight weeks 30+ contracts have been signed weekly at $4 million and above. This is the longest running streak in over 15 years! Last week an outstanding 47 contracts at this price point were signed, bringing our total pending sales to over 60% higher in 2021 than this time last year. The overall Manhattan residential market continues to gain traction with over 19% more contracts signed in March than in February, and with over 4,000 pending sales; the highest monthly number for as long as we can remember. While demand increases, discounts can still be found in the marketplace for buyers, however the average discount from original to ask is The activity in the market appears to have a direct correlation to the increase in activity on NYC’s streets. People are out and about, and enjoying the warm weather. We ❤️ Spring in the city and especially all of the outdoor dining! We look forward to hearing from you!
|
Social Links are not complete
|
Read on to learn more about: New Dev: 222 East 81st Street Celebrity Real Estate Rundown Trending: Smart Kitchen Appliances Update on the Luxury Market Our Listings
Enjoy our Monthly Take! |
This Upper East Side new development is a unique boutique building, with three townhouse-style units, Coming to the market imminently!
222 E 81st Street is located on a quiet tree-lined Street that exemplifies the charm of the upper east side. Isaac & Stern Architects paired floor to ceiling windows with elegant Juliet Balconies to create these very current yet classically designed homes; the richly-designed interiors by internationally celebrated designer Paris Forino are the perfect compliment. Residents will arrive to a marble-adorned intimate lobby, with a full-time attendant, and experience the convenience of a full-service condo building all while enjoying the privacy of townhouse living.
The three spacious units consist of one triplex with a private garage and two duplexes. Outdoor space is included with two of the three homes- one unit opens into a private courtyard and the other to a private roof terrace with beautiful city views. Residents will have direct elevator access to their home. Inside, each residence features a custom-designed Christopher Peacock kitchen with Statuary Marble and top-of-the-line appliances, Waterworks bathrooms with radiant-heated floors, an Electrolux washer/dryer(vented) and much more.
Contact us to get in early or for any additional information! |
NYC Restaurants are Re-Opening, Expanding & Popping Up! |
NYC Restaurants are making a come-back! Indoor dining with larger capacities and the warmer weather make for optimal outdoor seating! |
Balthazar After a year long shutdown, restaurateur Keith McNally has re-opened Balthazar. The iconic French restaurant has expanded its space in Soho with a thoughtfully designed outdoor dining concept created in partnership with Resy in a new venture called "Outdoor Villages." We can smell those famous fries from uptown! |
|
|
|
Mimi Cheng's The beloved dumpling spot Mimi Cheng's is expanding its downtown roots in Soho and the East Village. Upper Westsiders can now enjoy this Taiwanese hole-in-the-wall at its third location on Amsterdam and 75th St. We can't wait to pick up some dumplings for our next picnic in Central Park! |
Two Momofuku chefs are testing our tastebuds with a two month popup restaurant in the heart of East Village. Their 6 to 8 course menu is purposely not tied to one particular cuisine and pays homage to all the kitchens the chefs have cooked in around the city. Unique dishes include the Shaoxing Mushrooms and the Soba Alla Bottarga. |
|
Your Celeb Real Estate Rundown |
|
|
The Gramercy, an iconic building, and one of the oldest co-ops in NYC, has a new listing on the market for $15 million. Star Jimmy Fallon is selling his triplex home, just shy of 5,000 SF, and created by combining 4 separate apartments. The beautiful space is colorful and whimsical and very much fits the Tonight Show host’s personality. |
As Icahn Enterprises Founder and billionaire Carl Icahn moves his headquarters to CA, he recently reduced the price of his NYC penthouse by $5 million, and it has been on the market since March of 2020. Sitting 52 floors above the MoMa in Museum Tower, the 14,000 SF home is now listed for $30 million. |
|
|
|
Hedge fund guru Paul Singer has listed his 7,500 SF home for $40 million. The classic design of the 15 room duplex fits the distinguished building. The Beresford is an iconic pre war building along Central Park that has lodged several high profile residents. |
What classifies a fully stocked kitchen in 2021? Homeowners are looking beyond basic kitchen essentials like pots and pans and "teching" out their kitchens.
New gadgets like Smart Instapots and Smart Air Fryers make it possible for you to connect to WiFi where you can control your cooking settings from an app. And, if that isn't cool enough, an Automatic Pan Stirrer will let you step away from the stove for recipes that call for constant stirring.
Whether you consider yourself an at home chef, or you use your kitchen for only the basic necessities, these tech savvy appliances are definitely here to make your cooking experience more efficient!
|
How is the Luxury Market?
|
Residential Properties $4M and Above |
Please feel free to reach out for a more in-depth look at neighborhood-specific market trends and data. |
Which Kanbar Kopel Team Listing is your Favorite? |
Studio | 1 Bath | $640,000 | Coming Soon
|
|
2 Bed | 2 Bath | $1,345,000 | Sold
|
|
|
© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
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.
marketingcenter-newyorkcity-manhattan
|
|
|
