Monthly Take - June 2018

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Woohoo! Summer is finally here (even though its hard to believe with this crazy NYC weather!) Despite all the rain, we hope you had a great start to the season this past Memorial Day weekend.

Read on to learn more about:
  • Our Favorite New Development.
  • Where to Eat this Month?
  • The Luxury Market
  • Our New Team Member and Much More...
Enjoy our Monthly Take!
 
- Stacey and Julie

520 Park Avenue

Located on 60th Street between Park and Madison, 520 Park Avenue is a 54 story limestone tower designed by Robert A.M. Stern for Zeckendorf Development. Starting at $20 million, there are 35 exclusive full-floor residences in the building. This project exudes luxury in every possible way.

Expected to be completed this year, amenities in this full-service building include a private garden, indoor pool, and a multi-level health club. Residents who have purchased in the building include Frank Fertitta-founder of UFC, James Dyson-founder of Dyson and Bob Diamond-former CEO of Barclays.

Legendary musician Sting and his wife Trudie Styler sold their duplex penthouse at 15 Central Park West to Hong Kong Heiress, Karen Lo. The penthouse traded for $50 million, $6 million below the asking price, but considerably higher than the $28 million they paid for the home in 2008.
 
Sting and his wife are allegedly moving a stones throw away to 220 Central Park South. While waiting for their residence to be completed, they are reportedly renting at Zaha Hadid's curved High Line building.

 
Located in NoMad, David Burke's new restaurant serves pizzas, meats, and veggies cooked out of a wood-fired oven. The chef is highlighting his new specialty, pizza with crickets (are crickets kosher?), which uses a cricket dough and comes with crickets, tomato, and jalapeño pesto.

Avocaderia
Brooklyn’s all-avocado restaurant Avocaderia has expanded into a second location (in Manhattan) located at 271 Eleventh Avenue; Avocaderia serves breakfast and lunch bowls, toasts, salads, smoothies, and guacamole, all made with the popular green fruit (and yes, avocado is a fruit, not a vegetable!) 

Bistro Pierre Lapin
NYC’s latest all-day cafe is a French bistro from chef Harold Moore, serving classics such as vichyssoise and blanquette de veau. Bistro Pierre Lapin also has a tableside vegetable cart and an inside TIP: free cheese at the bar during happy hour!
 
 
Believe it or not, velvet, which was once seen as old fashioned and stuffy, is now viewed as luxurious and funky. This multi-dimensional fabric has already started gaining a lot of attention, leading many designers to believe velvet decor will be one of this year's most sought-after trends. If used properly, velvet furniture can be very modern and chic, adding great texture in a home (and looks even better over time with use!)
 
Check out our stunning listing at 1020 Park Avenue to see how velvet furniture is used in the expansive living room. 
 
 

Please feel free to reach out for a more in-depth look at neighborhood-specific market trends and data.
 
Source: Olshan Report 
2017 Data Source Dates: 1/2/17 - 5/28/17 
2018 Data Source Dates: 1/1/18 - 5/27/18
Nicholas is originally from Newport Beach in Southern California. He grew up in a real estate development family where he was constantly visiting construction sites, exploring new residential developments and studying architecture and design trends. 

Before moving to NYC, Nicholas worked on a top-producing real estate team in the San Francisco Bay Area. Nicholas has over five years of real estate sales experience; we are thrilled to have him on the team - Welcome!

1020 Park Avenue, 15AB
For Sale
3 BD | 1 Maid’s Room | 4.5 BA | $5,450,000

For Sale
1 BD | 1 BA | $1,595,000

238 East 74th St, 5
For Rent
2BD | 1 BA | $5,250

West 80th Street
Just Rented
3 BD | 3 BA | $20,100/Month

203 East 72nd, 14B
Contract Signed
3 BD | 2.5 BA | $2,650,000

111 East 88th, 8EF
Contract Signed
3 BD | 2 BA | $1,795,000

345 East 86th, 4AG
Contract Signed
2 BD | 2 BA | $1,125,000

333 East 46th St, 20B
Contract Signed
1 BD | 1 BA | $649,000

1130 Park Avenue, 7/3
Just Sold
3 BD | 3 BA | $3,495,000

79 East 79th, 7th Floor 
Just Sold
4 BD | 5 BA | $11,500,000

333 East 46th St, 9E 
Just Sold
Studio | 1 BA | $535,000

Mandarin Oriental Residences 
80 Columbus Circle, 68A

2 BD | 2.5 BA | Price Available Upon Request

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90 Fifth Avenue, 3rd Floor, New York, NY 10011







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