Why do some neighborhoods transition and become the hottest addresses in town seemingly overnight while others stagnate? One trend my team and I are watching closely this year is the role of tech in neighborhood place making. Earlier this year, we took a closer look at how the co-working revolution is reshaping New York real estate from Midtown East to Brooklyn. Out in LA, tech is also the driving force behind residential property spikes, especially along “Silicon Beach”. Read more…

As our warmer than usual winter recedes, spring is slowly taking hold in New York and city-dwellers are trading their Canada Goose parkas for spring’s floral dresses and Chanel espadrilles. My team has rounded up a few of our favorite places to chill or see and be seen this spring in the city – Read more…

One of the top questions my international clients ask is, “How does New York’s luxury real estate market compare with top international markets?” While New York luxury real estate’s top-end has showed some cooling in recent months due to over-supply above $10M, demand continues for luxury homes (especially 3+ bedrooms) priced between $3 and $5 million.

Despite a strong dollar, New York is still an attractive buy for foreign investors versus other top global markets, given New York’s political and economic stability and more affordable prices. At the same time, expect savvy US-based investors to explore expanding their global portfolios.

For buyers and investors from China who can expatriate funds, US and New York real estate continue to be strong beacons of hope. While the dollar has risen against China’s Yuan, the Yuan’s Read more…

In the face Manhattan’s rapidly evolving real estate micro markets, deciding on a listing price for your Chelsea or West Village luxury home requires careful consideration.

Deciding on Listing Price: Considerations for Your Listing Broker

When interviewing a listing broker, nearly every conversation boils down to this question: “What price should I list my property at?”

If your potential broker follows up with a record listing suggestion, dig deeper into the reasoning behind this suggested listing price and the broker’s track record. I recommend asking the following five questions: Read more…

Has ultra-luxury development gone too far? Cary Tamarkin’s 10 Sullivan development announced that it is splitting its 8,000 Square foot Soho Penthouse, following CIM Group and Macklowe Properties late 2015 decision to do the same to some larger unsold units at the ultra-luxury 432 Park Avenue. Brokers have begun to quietly wonder if we’ve hit the peak of luxury in price point and market saturation.

Starting in 2013, strong demand for downtown luxury new developments combined with extremely low re-sale inventory caused re-sale values to skyrocket. The price-per-square-foot ceiling rose on all sales as local, domestic and international buyers snapped up properties at a frenetic pace.

Lately though, I’ve been noticing Read more…

Do you love art and people watching? Before it’s gone schedule a couple hours Sunday, March 6th to make your way to The Art Show along with several of the other shows happening (PULSE Contemporary Art Show in Chelsea on 18th Street).

While many lament that the art scene and artists have disappeared from New York (high rents and gentrification), I love these art fairs and the Thursday night Chelsea Art District openings as much for the art as the fantastic people watching! It’s also a great reminder that art and creativity is a huge part what makes New York amazing.

If you are thinking of buying art, choose wisely and with your heart. Art makes a home come alive. I find that when staging our client’s homes, significant art and warm accessories truly add the personality to a home.

Whether your travel getaway plans are to jet off to Anguilla or Aspen, the way you travel should be as distinguished as your final destination. Thanks to an array of new services, discerning travelers are making the leap from commercial first class to flying private without investing in their own Gulfstream. We’ve rounded up a few favorites so you travel in style and arrive well-rested wherever you’re headed next.

NetJets: As the original fractional ownership and jet rental company, NetJets’ longevity is well earned. The company offers Read more…