NYC has always proven to be resilient and buying property during a significant market downturn has historically been a profitable investment. Remember the Crash of 1987, the Dotcom Bubble of 2000, September 11th and the Financial Crisis of 2008-09? NYC not only recovered every time but became stronger and better. History has taught us to never ever bet against New York City. I n March 2020, when NYC shut down due to COVID, and the media sensationalized that everyone was “fleeing” NYC, many people were led to believe that the city would not recover. Now us city folk find ourselves in a whirlwind of a market. Just when everyone thought NYC had seen the last of its good days, there were more than 3,400 sales in Manhattan during the second quarter, making it the busiest quarter since 2015. You have stood by NY; it is now your opportunity to own a piece (or larger piece) of the Big Apple while the market is beginning its upswing and interest rates are at historic lows. Wishing everyone a wonderful holiday weekend!
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Read on to learn more about: New Dev: No. 33 Park Row - Cocktails with Amazing Views
- Celebrity Real Estate Rundown
- Tips: Lighting in a NYC Apartment
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No.33 Park Row
The Pearl of the Park
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The final touches are being put on No. 33 Park Row, bringing a contemporary look to the Financial District. This high-rise luxury, contemporary condo has a boutique, private club feel with only 30 apartments between the 6th and 23rd floor. Each unit has an unobstructed view of City Hall Park from the floor-to-ceiling-windows. Many of the units also have private outdoor spaces . The amenities include a full-time doorman, concierge, library and co-working space. There is also an indoor-outdoor gym with a yoga studio and a roof deck for outdoor dining on the 5th floor also with direct City Hall Park views. In the cellar, there is a craft studio, screening room, and bike storage. Completion slated for Fall of 2021 Prices starting at $1,825,000 Please reach out to us for additional information regarding this (or any other) NYC new development opportunity! |
Enjoy Cocktails with Amazing Views! |
Electric Lemon, Hudson Yards
This funky futuristic restaurant/lounge located on the 24th floor of the Equinox Hotel at Hudson Yards has forever feeling views of the Hudson River. Try the "Spicy Sunset" while munching on some "Fancy Vegetables and Dip" or the Potato Flatbread.
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Dear Irving on Hudson Rooftop, Times Square The Dear Irving team has opened its 2nd location in the Aliz Hotel. They say the cocktail parlor is an "Ode to the Empire State." The beautiful space offers sweeping 360-degree views of the skyline and focuses on New York–made spirits. |
Somewhere in Nolita, Lower Eastside
Looking for an outdoor lounge where the views match the food? Somewhere in Nolita, the new rooftop bar at the Nolitan Hotel serves a New England inspired menu that includes craft cocktails and summer perfect desserts. Try the Sweet Corn Ice Cream Sandwich or a Coca-Cola Yakult Marble Popsicle! |
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Your Celeb Real Estate Rundown |
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Anderson Cooper has listed his late mother Gloria Vanderbilt’s midtown east home for $1.125 million. The apartment has 3 beds and 2.5 baths with high ceilings, spacious rooms and a very colorful aesthetic. |
Adam Neumann and his wife just sold their Greenwich Village townhouse for $13.65 million. The 6 bed, 5.5 bath home boasts several wood-burning fireplaces, original hardwood floors and a beautiful backyard space. |
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Kenneth Lowe and his wife have purchased a unit in the One57 tower for $12.7 million, where 94 units sit on top of the Park Hyatt Hotel. The 3,228 sq ft condo with 3 beds and 3.5 baths features incredible views of the park, radiant heated floors and a deep soaking tub. |
Tips: Lighting in a NYC Apartment |
Lighting is critical in NYC apartments! The right lighting fixtures can instantly transform your home from dark and boring to bright and dazzling! |
Tip 1 Setting the tone in an entryway
A statement piece in the entry provides a wow factor and an instant conversation starter. |
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Tip 2 Defining the dining area in an open floor plan
You can use a beautiful fixture or chandelier over your dining table or bar to specifically define the space and differentiate it from the rest of the layout. |
Tip 3 Swap out your bulbs—and invest in smart home tech
Switch to LED 2700 lumens bulbs (this will permit you to increase your wattage for brighter light) and look into smart home tech. With one click of a switch, you can conserve energy and turn off all of your lights at once. |
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How is the Luxury Market?
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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? |
4 Bed | 3.5 Bath| Coming Soon
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4 Bed | 2.5 Bath| Co-op | Coming Soon
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1 Bed | 1 Bath | Co-op| Coming Soon
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Studio | 1 Bath | $625,000 | Sold
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© 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.
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