Restrictions Lifted!
The light at the end of the tunnel is finally shining right in front of our faces. Beginning May 19th, 2021 most pandemic-related capacity restrictions in New York and New Jersey were removed. Despite some industry-specific requirements remaining in effect, life around here is almost entirely "normal" again. This means no executive-ordered limits to how many people can be in stores, restaurants, gyms, hair salons, offices, and more!
Also, Thursday March 13th, the CDC announced that fully vaccinated people do not need to wear masks or physically distance, indoors or outdoors. "We have all longed for this moment when we can get back to some sense of normalcy," said the CDC's director, Dr. Rochelle Walensky.
Market Update
MILESTONE: 5 straight weeks of 40 or more contracts signed above $4M
More contracts have been signed above $4M and above (total 694) so far in 2021 than in all of 2020
Highest number of New Development contracts signed in the last 5 years
More than $2.5 Trillion in residential deals forecasted for 2021 (greater than France's 2020 GDP)
Mother's Day
To all the Mamas and Mama figures out there we hope you had an incredible Mothers Day! Being a mother is the hardest, yet most rewarding job in the world. Whether you are a stay-at-home mom or a working mom, life is constantly a juggling act. The level of multitasking, coordination, effort, care and the brain capacity it takes to raise children and do literally anything else is extraordinary.
To anyone without a mom, this day can be hard. We send our condolences. And to anyone having difficulty becoming a mom, keep your head up - the journey is long but in the end what's meant to be, will be.
Property of the Month
This is a UNICORN of a building and an incredible investment opportunity; unlimited subletting from Day 1 and no fee for the owner. Welcome to Residence 3B at 10 Christopher Street; located on an iconic block, the corner of Christopher and Gay Street in Manhattan’s West Village. This charming west village studio features exposed brick, high ceilings, hardwood floors and NEW windows.
Upon entering, is your updated kitchen, equipped with a surplus of storage and countertop space, and top of the line appliances including a dishwasher.
Moving West you have the vast studio. The entire unit is lined with shelving and closet space. Right before you reach the Western facing exposures you have your already built-in Murphy bed.
10 Christopher Street in NYC is a 1940 Condop, with an elevator, laundry room, and live- in Super. The 31 unit and 7 story building has an open sublet policy and does not require board approval to rent!
Located in one of the most coveted parts of Greenwich Village on the island of Manhattan, the building is surrounded by dining and shopping options. Convenient access at West 4th and Christopher Street stations to the A, C, B, D, E, F, M and 1 trains; as well as multiple bus lines.