Happy Snow Day!
In case you had missed the headlines - New York is experiencing something that can only be described as a monumental comeback.
As we leave the month of December behind us, let's see how it turned out in the real estate market for 2021:
- 2021 saw over 16,600 contracts signed, the most inked in a single calendar year.
- Overall, 2021 had over 15,600 closings—the most since 2008—with resale condos and luxury sales over $5M surpassing the previous high reached in 2013.
- This year, reduced prices, low interest rates, the desire for more space, and resilient buyer confidence in New York City drove demand to historic highs.
- Sales volume totaled $30 billion in 2021, a 6% rise from the previous all-time high in 2007
Are you as optimistic about the future of our city as I am ? :) Send me a note, or a question, I am always up for a discussion about anything real estate (and food) related.
Happy New Year!
Daniel
Current Exclusives
Featured New Development
202 Broome Street, NY, NY 10002 | Lower East Side
Home to just 83 elegantly smartly designed residences, ranging from versatile studios to stylish three bedrooms and penthouses, One Essex Crossing offers a considered, contemporary and uplifting approach to living at Essex Crossing on the Lower East Side. Designed inside and out by CetraRuddy, One Essex Crossing fuses fine materials with soaring architectural volumes.
A contextually-inspired façade weaves together panels of warm brick and Italian terracotta while a sunlit suite of light-filled amenities, surrounding an expansive garden, offers uplifting indoor and outdoor spaces for work, play, and relaxation. Residences feature a soothing palette of woods, stones, and lacquers, along with custom furniture-inspired kitchens and floor-to-ceiling windows. Bright views stretch from the Chrysler Building to One World Trade Center and over the East River.
Exclusive Marketing by Corcoran Sunshine
Second Home Corner
48 Forest Road | Sag Harbor
5 BR | 4.5 BA | Waterfront Beauty
Before you know it, it's going to be time for summer rental in the Hamptons!So perhaps its time to secure one now :)
Enjoy panoramic views of Sag Harbor Bay, Shelter Island and beyond from this 5 bedroom, 4 1/2 bath traditional. Located on a quiet street in North Haven with spectacular waterside heated gunite pool, dock for a 35' boat, mooring for a 40' sailboat, basketball court and your own beach. Located just minutes from the village of Sag Harbor, East Hampton, Bridgehampton and ocean beaches. You can also commute to this amazing property with your own or chartered seaplane!
Renting at $295,000 for the season
Curtesy of Mala Sander of Corcoran
A Drink By the Fire Anyone?
Does the weather outside make you want to have a drink or a bite in a cozy atmosphere? Follow the link below for a list of NYC Best Fireplace Bars
This Way In ...
DanielKramp
Licensed Associate RE Broker
Union Square Top Agent 2019,2020
M:646-549-0258
Licensed in NY and CT
