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

Best Things to Do in NYC for NYE


Are you in NYC for NYE? Planning on avoiding Times Square like the plague? You're not alone. We found a list of last minute New Year's Eve events that even locals would like including Fireworks at Grand Army Plaza, Last New Year's Eve at The McKittrick Hotel, A Gilded Age New Year’s Eve at the St. Regis, and more. Check out the full list here and let us know where you end up going! 

2023's Top 20 Stocks

The big winners included Nvidia, AMD, Facebook, Uber, Tesla and Amazon. 

The S&P 500 ended Friday with a 24.2% gain for 2023, following a 19.4% decline in 2022. Among the 500 stocks, 65% were up for 2023. Below is a list of the year’s 20 best performers in the benchmark index. The central bank hasn’t raised the federal-funds rate since moving it to the current target range of 5.25% to 5.50%

 

(Read More)
The Building Spree That Reshaped Manhattan’s Skyline? It’s Over.

The Manhattan office construction boom is over. 

Just three large office towers of more than 500,000 square feet are being built across New York City, with two expected to open in 2024 or 2025 and nothing else projected to go up for years. Normally, a handful of sites that size would be in various stages of construction, with at least one opening every year since 2018. (Read More)


Team News

NYE NYC MET

Happy New Year from all of us at The Martin Eiden Team! As we ring in the year, we reflect on the accomplishments we achieved over the last year. We are proud to say that while 2023 was a slower year for our industry, we were able to create our own market and we even outpaced the market in 2023.


Take a look back at the last year. What are we grateful for? What did we do? Where did we go? What did we learn? Where are we going and how have our learning lessons prepared us to go there with more force and intention?


We'd like to continue to extend our deepest gratitude and appreciation to all of you for making 2023 a positive and successful year.


-The Martin Eiden Team

Our Properties

39 South Portland Avenue
Fort Greene
7 Bed | 5 Bath
175 Jackson Street, Unit PH4D
Williamsburg
2 Bed | 2.5 Bath
159 West 53rd Street, Unit 36B
Theater District
2 Bed | 1.5 Bath
977 East 15th Street
Midwood
4 Bed | 2 Bath

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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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