May Newsletter

May Newsletter

  • Daniel Kramp
  • 05/2/22

Welcome to the month of May! Finally starting to see more sunny days with people out and about enjoying not only the warmth, but the beautiful tulips that are currently all over New York as spring goes on. I can say the energy through New York is alive.

As we head into a new month, let's see how it turned out in the real estate market for 2022 so far:

  • In a stellar first quarter, closed sales rose 36% annually to their highest first-quarter level in 15 years. Closings have now risen YOY for five consecutive quarters.
  • Even more impressively, signed contracts improved versus a record-breaking 2021, and at nearly 4,000 deals was the strongest start to any year on record. interesting stat - In Manhattan - 60% of the deals in February were all-cash, so the rising rates didn’t have a big effect on the activity
  • Brooklyn prices are at record high numbers 
  • The rental market is having a monumental comeback with landlords reaping all the benefits: vacancy rates are at 1.5% and average rents are up 30-50% compared to the same time last year 
  •  For all the nitty-gritty full Manhattan, Brooklyn, and rental reports follow Here
    As always, I'm here if you would like to discuss any sector of the market or your upcoming real estate goals :). 


Current Exclusives 

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Featured New Development 

The Brooklyn Tower
9 Dekalb Ave, Brooklyn, NY 11201 | Brooklyn
What looks to be a spaceship in the middle of Brooklyn happens to be the most expensive residential building in Brooklyn. Welcome to the Brooklyn Tower! With this building having an average of $3K a square foot, I can say it was absolutely breathtaking, and I'm talking about the views ;).

The building boasts high-end finishes with top-of-the-line products. With only 9 residencies having outdoor space within the entire building, Those apartments are going to be a hot commodity, even though there are expansive views in literally every room.

Designed by the award-winning SHoP Architects, the Tower is a multi-faceted building, rich in materiality, its shimmering bronzes, marble whites, and deep blacks at once dramatic and playful. The cascading setbacks and soaring columns take inspiration from the beautiful Dime Savings Bank of Brooklyn, lifting that historic building’s hexagonal form to pierce the sky in a dazzling new way.

The building has been doing some soft sales. If you're curious to see more or want to get into the building for viewing, send me a message.

For a little teaser on what's inside The Brooklyn Tower click Here

Second Home Corner

Coming Soon!
255 Aspetuck Ridge Road | New Milford, CT
2 BR  | 2 BA | 1,210 sqft | School House

Offered at $450,000
Courtesy of Brian Hastings - William Pitt Sotheby's


Drinks On The Water Anyone?

Does the Month of May and the beautiful weather outside just make you want to celebrate by a body of water with a refreshing drink in your hand, every day? Follow the link below for a list of NYC's Best waterfront restaurants and bars
This Way In ...



Licensed Associate RE Broker
Union Square Top Agent 2019,2020

Licensed in NY and CT


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!