Giving Thanks
November is the month to reflect and give back. We would like to take this opportunity to thank all of our clients for trusting us this year and reccomending us time and time again to their friends, family and colleagues. Our business runs on referrals and our number one job is to make sure our buyers and sellers are taken care of as if they were our own family. Real estate transactions are emotional, and usually the most expensive asset you own. We are committed to making sure we are there to guide you through smooth transactions and have your back every step of the way. Thank You! We hope you all have a wonderful Thanksgiving with your loved ones.
Inventory Update
Active Listings
73 5th Ave, Unit 10B * (private exclusive)
304 E 65th St, Unit 38AD * (private exclusive)
Under Contract
969 Park Avenue, 1G
167 East 61st st. 29C
21-57 33rd St. 3A
201 East 79th Street , 16I
77 West 55th Street, 5C
225 East 73rd, Unit 12A
Market Update
October 2024 was a lively month for Manhattan's luxury real estate, especially in the ultra-luxury condo market. High-end properties were in demand, proving that Manhattan continues to attract wealthy buyers even with challenges like rising interest rates and inflation. This shows that Manhattan's luxury market is still a strong investment, with buyers viewing these properties as stable options in uncertain economic times.
With the stock market and crypto markets at record highs, we are not surprised to see the domino effect occuring in the real estate market.
The number of contracts signed in the luxury market throughout the month varied, with a peak in the first week at 30 contracts. In total, October saw 129 contracts signed. During the second week, almost half of the 28 properties sold (46%) were priced at $10 million and above, the highest weekly total of such high-value properties since December 2021.
Family Recipe
MOIST BANANA BREAD
3/4 cup granulated sugar
3/4 brown sugar
1/2 cup butter or margarine
1/4 teaspoon salt
2 eggs
4 ripe bananas (1 cup) mashed
5 tablespoons sour milk
1 teaspoon soda dissolved in the sour milk
2 cupsflour
1 teaspoon vanilla
Blend sugar, shortening, and salt. Add eggs, then bananas.
Add sour milk alternately with flour. Stir in vanilla.
Pour into 1 large or 2 small greased and floured loaf pans.
Bake at 350 degrees for 1 hour or until done. Let stand 10 minutes before removing from pans. Finish cooling on wire racks. Store in air-tight container. Freezes well.