Monthly Take - November 2024

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NOVEMBER 2024 MANHATTAN MONTHLY TAKE

"And the Oscar goes to..."

In an increasingly competitive market, where information is being tossed at the consumer 24 hours a day, real estate agents have to get more and more creative when marketing their properties and their personal brands. Even though we are definitely not professional actresses, we tried to have some fun with our most recent marketing video. If you haven't yet seen us on TAXI TV, you can view it here, and please feel free to send us your reviews!

Want to learn more about the market? Reach out to chat!

Read on and get our NOVEMBER TAKE: ✦ New Development Update: The Westly: 251 West 91st Street ✦ Food News: Tik Tok UES Food Favorites ✦ Celeb Real Estate Buzz ✦ NYC Home & Lifestyle Trends: Quality FRAMING made easy! Let's talk soon! Stacey and Julie New Development

The Westly: 251 West 91st Street (btwn Broadway and West End)

✦ Designed by ODA Architecture ✦ Developed by Northlink Capital and Adam America ✦ 52 residences ✦ Two to five bedrooms from 1250+ sq ft - some with private terraces ✦ Amenities include: 24-hour concierge, rooftop pool, resident's lounge, fitness area designed by The Wright Fit, with indoor and outdoor training areas, yoga studio, music room, bike room, children's playroom, pet grooming station, and a landscaped courtyard terrace ✦ Pricing from $2.75MM to $13.5MM ✦ Available for immediate occupancy

TikTok UES Food Favorites

✦ Lexington Candy Shop Luncheonette: The influencers on TikTok LOVE a throwback and one of their faves is made at this iconic UES luncheonette. The must try item is the Coca Cola, made the old fashioned way by hand! The egg creams are also a big hit. 1222 Lexington Ave (corner of 83rd and Lexington) ✦ Madison Fare: Expect a line! The frozen Greek yogurt with pistachio crumble has gone viral. It is also available with other toppings, such as fresh-cut pineapple, mango coulis, and coconut foam. 1225 Madison Ave (btwn 88th and 89th Streets) ✦ Glace: The design and store experience in their new location (next door to the old location) has TikTok fans lining up from across the globe. The new menu features 14 ice cream flavors, soft serve, sundaes, and delicious winter drinks such as the S'mores Hot Chocolate and Glacier. 1268 Madison Ave (between 90th and 91st streets)

Celeb Real Estate Rundown

✦ Rupert Murdoch IN CONTRACT at ONE MADISON (23 East 22nd Street) PH, LAST ASK $29MM: Rupert’s triplex has been on and off the market since March 2022, when it was listed for $62MM. The 7000 sqft 5 BD, 6.5 BA has double-height windows, 360-degree skyline views and a 600 sqft terrace. ✦ Fredrik Eklund BUYS 64 University Place for $3.35MM :The 1400 sqft fourth-floor condo has 2 BD and 2½ BA, 10 foot ceilings, and arched double windows that open to Juliet balconies. Although Miami is now his primary residence, this will be Eklund's New York base. ✦ Roc Nation co-founder Jay Brown is IN CONTRACT at 50 Wooster Street for $10MM. Located on a cobblestone block, the pre-war condo is 4600 sqft with 4 BD, 3 BA and direct elevator access. Beamed ceilings, and exposed brick walls add to the charm of this home. Framing and Gallery Wall Inspiration

We have seen almost everything framed—from family vacation photos to a matchbox collection and even Hermes scarves. A beautifully framed art piece or object can 'make’ a room. Inspired? See below for three great framing options!

How is the Luxury Market YTD? Residential Properties $4MM and above Source: Olshan Report

Co-op 2024: 213 2023: 224 Condo 2024: 720 2023: 672 Condop 2024: 14 2023: 20 Townhouse 2024: 116 2023: 111 Total Contracts 2024: 1063 2023: 1027 Avg. Price Reduction 2024: 10.2% 2023: 11% Avg. Days On Market 2024: 630 2023: 621

Which Kanbar Kopel Team Listing is your Favorite?

Featured In Contract 430 East 58th Street, Apt. 28A 3 BD | 4 BA | $4,475,000 | In Contract 211 West 84th Street, Apt. 6E 3 BD | 2 BA | $3,675,000 | In Contract 515 East 79th Street, Apt. 29B 2 BD | 3 BA | $1,399,000 | In Contract

2025 Broadway, Apt. 7AB 3 BD | 2 BA | $1,350,000 | In Contract 315 West 99th Street, Apt. 1B 3 BD | 2 BA | $1,295,000 | In Contract

Featured Transactions 4 East 77th Street 5 Stories | $16,000,000 | Sold 433 East 74th Street, Apt. 3AB/4B 6 BD | 6 BA | Sold 1100 Park Avenue, Apt. 9C 4 BD | 4 BA | $4,850,000 | Sold 360 East 89th Street, Apt. 31B 3 BD | 4 BA | $4,750,000 | Sold 325 West End Avenue, Apt. 4A 4 BD | 4 BA | $3,712,500 | Sold 201 West 70th Street, Apt. 28B 2 BD | 2 BA | $2,245,000 | Sold 50 Bridge Park Drive, Apt. 8A 4 BD | 4 BA | $4,250,000 | Sold 91 Central Park West, Apt. 12E 2 BD | 2 BA | $2,475,000 | Sold 11 Hoyt Street, Apt. 53K 2 BD | 2 BA | $2,060,000 | Sold

Want to see more listings? View them here!

Office: 646-982-0353 Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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