May 2022

Market Update

The stock market plunge is affecting real estate traffic and affecting our offers. Anything over 2 million has seen a slow down as most people have seen major losses in the last few weeks. The Dow’s seven-week losing streak is its worst since 2001. The S&P 500 just posted its first six-week losing streak since June 2011.

It's likely going to rebound but for the moment we are seeing buyer hesitancy.

Of course it is important to note every sub-category of pricing is affected differently. The studio and one bedroom market in New York City seems unaffected as buyers have most of their cash sitting in banks waiting to pull the trigger. 

Mothers Day Event!

Our NYC team was excited to host another Mothers Day Event full of fun activities and entertainment for the kids as well as shopping, massages and gifts for the moms. Thanks to everyone for coming out.

For all those without their mom, or having trouble becoming a mom - we acknowledge the holiday could be very hard for you and we send you so much love.

Property of the Month 

635 West 42nd St Apartment 43A

Welcome to Residence 43A at The Atelier, a 6 bedroom and 6 ½ bathroom triplex in the sky in New York City. Currently being used for corporate housing, the possibilities are endless with this one of a kind property.

Upon entry on the 43rd floor, you are immediately greeted by the vast corner living room. With floor to ceiling windows you get spectacular North and West facing views of Upper Manhattan and the Hudson River.

Moving farther East is your kitchen which features tons of storage and then a separate formal dining room. The kitchen is equipped with Bosch appliances and opens to both the living room and dining room. Lastly on the 43rd floor is a powder room with two sets of Washer/Dryers. 

Going upstairs to 44th floor is the primary bedroom, home office (or bedroom #2) , and a third bedroom. Farthest West you enter into the primary suite which includes a home office with a full bathroom including a soaking tub. Dividing the room, is a wall of custom closets. The spacious corner bedroom area displays wall to wall views of the water and city skyline. The en-suite bathroom includes two shower heads and a state-of-the-art toilet. Before exiting the 44th floor is bedroom #3 with an adjacent full bathroom.

Taking the stairs down to the 42nd floor are your final 3 bedrooms and 3 full bathrooms, as well as a butler’s pantry featuring sink and mini fridge. Bedrooms #4 & #5 include en-suite bathrooms and generous sized closets.

The Atelier is a spectacular luxury condominium. The full service building includes amenities such as, 24-hour concierge/valet, free daily breakfast, complimentary fitness center, ice skating rink, tennis court, basketball court, residents’ multi-media lounge and billiards room on the 47th floor, valet services (laundry and dry-cleaning on site), office center, movie theater, fully-landscaped terraces/sundeck, building-wide wireless Internet system for common areas, on-site storage available, bike storage, pet friendly, valet parking available, large indoor and outdoor lap swimming pools (added cost), sauna, free bicycle usage, BBQ, private dog run, indoor and outdoor kid’s playgrounds, and a free cross-town shuttle bus.