March Newsletter

March Newsletter

  • Daniel Kramp
  • 03/1/23

Happy almost spring – here is a fun fact: up until today New York has seen a total of 2.2 inches of snow this winter…

Now about real estate.
While the numbers and statistics In NYC show a slower start of the year and higher negotiability, the reality on the ground has been a mixed bag of deals. Some of our clients have been able to snag a 10% discount on certain new developments, while others have lost out on apartments because they didn't go high enough over the asking price in popular neighborhoods like Brooklyn Heights and West Village.

However, there are some things that remain constant in this ever-changing market. Properly-priced, fully renovated, and staged apartments tend to generate more offers and can often result in a bidding war, which is great news for sellers.

Additionally, it's important to remember that location is still king. Properties in highly desirable neighborhoods with low inventory will always command a premium, so it's important to do your research and be prepared to pay a little extra if you want to live in a prime location. Your agent is they key to giving you the right guidance, as there is not one fit all approach to this market. 
As we move forward, it's difficult to predict what the future holds for the New York real estate market. But one thing is for sure: the market remains active, and there are still plenty of opportunities for both buyers and sellers.
If you're thinking about buying or selling, don't hesitate to reach out to me. I'm always happy to share my expertise and help guide you through the process.


Team Exclusives

148 East 24th Street, Apt 11B
Studio | 1 Bath | Full-Service Condo
Asking: $775K | Taxes: $1,008 | CC: $937

415 East 54th Street, Apt 5A
1 Bed | 1.5 Bath | 1,000 sqft
Asking $1.1M | Taxes: $1,057 | CC: $1,372

Eye on New Development 

Tribeca Green
Where: 210 Warren St, New York, NY 10282 | Tribeca 
Located in an idyllic corner of North Battery Park City, Tribeca Green sits surrounded by Teardrop Park and Nelson Rockefeller Park, the Hudson River, and the famed Battery Park City Ball Fields. This urban oasis is New York City’s greenest neighborhood and affords easy access to the best Downtown has to offer – neighborhood amenities, excellent parks, exciting shopping, hip restaurants, and bars.

If you are looking for an amazing value and a well known developer (Related), make sure to request a tour!
* Exclusive Marketing by Corcoran Sunshine *
Where: 500 W 18th St, New York, NY 10011 | Chelsea
One High Line comprises a full city block between Tenth and Eleventh Avenues, offering two towers separated by a private landscaped porte-cochere and designed by Bjarke Ingels Group. Developed by Witkoff and Access Industries, this architectural tour de force showcases views of the Hudson River, the Empire State Building, and the magnificent city skyline. 236 unique one-to-five-bedroom residences are situated among a 36-story West tower featuring interiors by Gabellini Sheppard, and a 26-story East tower with interiors by Gilles et Boisser.

Featuring incredible finishes, unique architecture and unmatched services - this is my personal favorite project in Chelsea area. 
* Exclusive Marketing by Corcoran Sunshine *

Work With Daniel

Daniel Kramp is a high-caliber real estate professional with top awards for his performance. He enjoys and is known for providing sound advice, attentive service and proven results to every sales and rental client. Contact now to be part of his success!