Market Update
2023 has not been an award winning year for New York real estate. While sales prices are slightly up, the amount of transactions is down across all price points and sectors.
This is all clearly a result of rising interest rates and a lack of confidence in the economy as well as the most recent war in the Middle East.
With that said, one positive note is that unlike in past years, each Quarter of 2023 has outdone the last in sales volume. Q3 saw more trades than Q2 and Q2 performed better than Q1.
Retail with Ronnie - Fall is Here!
With the crisp cool air upon us it is in fact sweater weather! Check out the latest arrivals on Retail With Ronnie to find cute blazers, sweaters, fall dresses and denim for the best dressed season of the year. Check out these weekend jeans I got several compliments on.
Retail with Ronnie is a clothing rental subscription service where you can get up to 4 items at a time for $50/month. no commitments necessary, cancel anytime.
An Indian Wedding
My sister got married this past weekend and it was nothing short of a fairytale. Indian weddings are so unique and if you haven't been to one, I recommend befriending your nearest Indian immediately! They are multiple days and they are epic - here's the breakdown of events.
My sister got married this past weekend and it was nothing short of a fairytale. Indian weddings are so unique and if you haven't been to one, I recommend befriending your nearest Indian immediately! They are multiple days and they are epic - here's the breakdown of events.
Mehndi - first the woman of both sides of the family apply henna to their hands. This usually happens a few days before the wedding and turns into a party itself.
Sangeet & Garba - The party before the party. A night of dancing and choreographed performances by the couples families, friends, cousins, and whoever else wanting to join in on the fun. Sangeet's usually celebrated by everyone. Garba is traditional for people from the state of Gujrat in India.
Haldi - The bride and groom are covered by their family members in a tumeric paste before they get married. This is to purify them and exfoliate their skin so they look amazing.
Wedding - Hindu weddings can be very long but modern days ones are usually 45 minutes. The main focus is the 4 rounds the couple takes around the holy fire and the 7 steps they take together in life. The groom makes the bride wear a mangla sutra - a wedding necklace and they of course exchange wedding rings (we love our jewelry!)
Cocktail and Reception - This is the same as in American culture. The father/daughter mother/son dances, speeches and lots of fun.
Property of the Month
For Rent
Welcome to Residence 3 at 11 Gramercy Park South. This beautifully restored 1400+ square foot duplex has three bedrooms and two full bathrooms. The property features original 100 year old hard-wood floors, an active wood-burning fireplace, and includes a key to the private Gramercy Park.
This special home is located in the elite enclave of the Gramercy Park Historic District. Gramercy Park is a privately maintained park in a most distinct section of New York City. This coveted location is also steps away from the finest restaurants, shopping, and convenient public transportation. Storage is available for an additional fee.
