|
 |
|
Market by Martin |
|
|
New and Noteworthy |
|
Brooklyn Luxury Report The Brooklyn luxury real estate market is here. Properties priced $2M and above saw 14 contracts signed this week, made up of 11 condos, 1 co-op, and 2 houses. The previous week saw 24 deals. Average asking price was $2.91M for condos, $2.63 for Co-ops, and $3.41 for townhouses. For more info, reach out. |
|
|
Tumbling Tech Stocks Drag Wall Street The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week. The S&P 500 dropped 0.9% to close out its 3rd straight losing week. The Nasdaq composite sank 2%. The DJIA, which has less of an emphasis on tech, was an outlier and rose 211 points, or 0.6%. (Full Story) |
|
Do You Call It a Basement or Cellar? In NYC, the Difference Is a Legal Matter Unbeknownst to many, the difference between a basement and a cellar, often misconstrued as an endearing colloquial difference, is, in fact, a nuanced legal matter. This becomes important when determining if the bottom floor of a townhome is legal to rent. In classic high-stoop brownstones, garden-level floors are almost always legal living space. |
|
|
Team News |
|
|
Ditmas Park Ice Cream Social |
|
Are you a fan of gelato? Do you like free things? Have any plans today? Come by Sweet Lea's in Ditmas Park from 12pm - 2pm for a scoop of ice cream while our very own Alex Mahgoub gives you the scoop on NYC real estate. It is going to be a great time - come by, say high, and get yourself some ice cream while you're at it! |
|
Our Properties |
|
|
|
|