Market Update
Fall is here and the real estate market is presenting unique opportunities. With 30-year interest rates now around 6%—the lowest since early 2023—buyers are highly motivated, and multiple bids are becoming more common due to limited inventory.
For Sellers: Now is the perfect time to prepare your home to attract serious buyers before the year's end. Our team is equipped to position your property to stand out in this competitive market. We provide expert guidance on staging, pricing, and strategic marketing to ensure your home receives the attention it deserves.
For Buyers: This season offers excellent chances to secure a home at a competitive price. We also have access to exclusive, off-market listings that are not yet available on StreetEasy—giving you the opportunity to explore unique properties before they reach the broader market.
Our mission is to navigate you through these evolving market conditions with personalized advice and exclusive access to the best opportunities. Whether you’re buying or selling, we are committed to helping you achieve your real estate goals.
Thank you for choosing us as your trusted real estate partner.
350 East 82nd Street, Unit 14AB
1 BD 1 BA 850 SF $899,000
Ultimate Outdoor Escape in the Heart of the City
Step into a residence where luxury outdoor living takes center stage. This extraordinary four-bedroom, three-and-a-half-bath home spans over 2,900 square feet of interior living space and features a sprawling 1,600-square-foot landscaped terrace that wraps around the entire length of the apartment, creating a private garden oasis high above the city. Equipped with a wet bar, refrigerator, grill, and multiple seating areas, this expansive outdoor space is the ultimate setting for both grand entertaining and serene relaxation.
Reside in the prestigious Wellington Tower, a full-service condominium offering premier amenities, including a 24-hour doorman and concierge, parking garage, swimming pool, fitness center, and more. With Central Park, the city's finest dining, world-class museums, and the Second Avenue Subway just steps away, 14AB is more than just a home—it’s a lifestyle.
Priced at $4.45 million, this one-of-a-kind property redefines luxury city living. Contact us today for private tour.
The UN GA
The 79th session of the United Nations General Assembly marks a crucial milestone in the global effort to accelerate progress towards the 17 Sustainable Development Goals (SDGs). The highly anticipated Summit of the Future, held during UNGA, underscores the urgent need for enhanced international cooperation to address pressing challenges such as climate change, poverty and inequality, while also tackling the impacts of ongoing conflicts and global health crises.
This week also marks the worst commuting week in NYC, Data shows the average speed in Midtown drops to less than 4 miles per hour during the
General Assembly week, compared to normal averages between 4 and 6 miles per hour.
Drivers should expect delays along 1st Avenue between 34th and 63rd streets, as well as the FDR Drive.
The NYPD says 57th and 42nd streets will be limited to one lane in either direction from 2nd to 5th avenues, and 1st Ave will be what's considered a "frozen zone" from 40th to 49th streets.
The Fed Cut Interest Rates
After almost three years of rising interest rates, the Fed finally announced that they are cutting the rates by fifty basis points last week. So the big question is, what does this mean for the mortgage rates? Are the mortgage rates going to plummet today?.
No, The fed cutting rates does not directly impact the mortgage rates today. The long term bonds, particularly the ten year treasury are what affect the mortgage rates. Now, the Fed cutting the interest rates will affect those long term bonds. So consequently, eventually mortgage rates will be affected by this. At the end of the day, it’s positive news for mortgage rates, and it does look like they will be coming down in the future.
The bottom line is it is positive news for the economy and lower rates are on the way.