Your weekly market update has arrived. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Tiffany & Co.'s Flagship Store Has Reopened

Late last month, Tiffany & Co.'s flagship store on 57th and 5th reopened its doors to the public after a four-year renovation and structural expansion project in Midtown. The undertaking involved the construction of a new 3-story space above the parapet of the 83-year-old building and the gut renovation of 8,400 square feet of its interiors. (

Read More)

New York City Multifamily Q1 2023 Data


Multifamily transaction volume in New York City in Q1 2023 declined to $2.11 billion, a 39% drop from Q1 2022. The reason? Higher interest rates coupled with market volatility. However, it was not far off from what was considered an average over the past decade, specifically pre-pandemic. New York City also significantly outpaced multifamily sales across the U.S (Read More)
Debt Ceiling Talks: Still No Plan
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. How will the markets react? (Read More)

Team News

Happy Mother's Day

My mom is the most incredible woman I know. She is the mother of 2 and has been an incredible grandmother for the last 16+ years. From the age of 10 she has been designing clothes and fulfilling her passions. She became an educator after college and always found time to travel the world. Growing up, I always admired her tenacity and I carry that with me to this day. She instilled a sense of love, of understanding, of right and wrong, and the idea that you should never give up on things that make you happy. I wouldn’t be half the man I am without her and I am so happy to be her son. Love you Mom! :) 


“Sometimes the strength of motherhood is greater than the natural laws” - Barbara Kingslover.


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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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