Monthly Take - February 2019

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As we draft this newsletter, the temperature in New York is 9⁰F. Particularly on such cold days, we are grateful for our warm homes and reminded of how important a home is in someone’s life. It is an extension of your personality, a sanctuary and a place where you belong. We truly love helping our clients find their homes, even in these chilling temperatures...Stay Warm! 

Read on to learn more about:
  • Who is buying and selling in NYC?
  • Where to eat this month?
  • The luxury market and much more...
Enjoy our Monthly Take!
 
Stacey and Julie

The Vandewater
543 West 122nd Street

The Vandewater, a new development in Morningside Heights, has recently launched sales for its 183 apartments. Designed by INC Architecture and Design and developed by Savanna, the building will feature studios through four-bedroom residences with prices that range from $900,000 to upwards of $6 million. 

The building’s 24,000 square feet of amenities will be spread across three floors and include a salon, a great room, and a club room. The building will also feature two private gardens and a cobblestone motor court drive designed by Michael Van Valkenburg Associates. 

The Vanderwater is the first development of its kind in Morningside Heights, an area located on the border of the Upper West Side and Harlem. The neighborhood is primarily known as the home of educational and cultural institutions such as Columbia University, Barnard College and the Manhattan School of Music and features an extensive historic district.

Matt Damon buys Brooklyn’s most expensive condo for $16.75M

Actor Matt Damon is the new owner of Brooklyn’s most expensive condo, a six-bedroom penthouse atop the former Standish Arms Hotel in Brooklyn Heights. Damon and his wife, Lucianna Barroso, purchased the property for $16.75 million.

The penthouse was created by combining three smaller units in the historic building. The apartment is one of the building’s 33 units and features Austrian white oak flooring, Italian Carrara marble slab countertops in the kitchen, and elaborate master bathrooms with mosaic tiles.

Intersect

Intersect is a new concept restaurant located in the Meatpacking District. The restaurant is run by Danny Meyer but owned by car maker Lexus. Every six months, a big-name chef creates a new menu that Meyer’s Union Square Hospitality Group executes. First up is chef Gregory Marchand and features dishes such as foie gras terrine, gnocchi with sweetbreads and mushrooms, and monkfish with celery root, coffee sabayon, and black garlic.

La Rossa

La Rossa is a new Roman pizza spot in Soho introduced by Italian pizzaiolo Stefano Callegari. This is Callegari's ninth restaurant but first pizzeria in NYC where he is serving up 12-inch round pies inspired by Roman dishes such as cacio e pepe. Other menu options include pizza quadratta and fried rice balls. 

Leonti

Michelin-starred Dovetail is reborn as Leonti. Located on the Upper West Side, Chef Adam Leonti’s new restaurant is an upscale venue inspired by Milanese and Torinese restaurants that couple high-quality service with unfussy dishes. The menu features pasta such as chestnut gnocchi and artichoke lasagna and entrees like salt-baked whole branzino and veal chops.
Brass Decor

Home design trends are transitioning away from stainless steel and polished nickel and moving toward brass. Brass highlights add a level of sophistication to a home's design and help warm up a space. If you are looking to incorporate brass into the design of your current home, try adding brass hardware in your kitchen and bathrooms or buy brass accent furniture and accessory pieces for around the house.

Please feel free to reach out for a more in-depth look at neighborhood-specific market trends and data.
 
Source: Olshan Report 

Mandarin Oriental Residences, 68A
For Sale
2 BD | 2.5 BA | 1,653 Sq. Ft. | $6,995,000

176 East 77th Street, 17JK
For Sale
3 BD | 2.5 BA | $2,795,000

196 East 75th Street, 5C
For Sale
2 BD | 2 BA | $1,475,000

3 BD | 3 BA | $4,500,000

1 BD | 1 BA | $795,000

1 BD | 1 BA | $925,000

205 East 85th Street, #3GH
3 BD | 3 BA | $10,500

145 East 16th Street, #2E
3 BD | 2BA | $6,900

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