|
 |
|
Market by Martin |
|
|
|
New and Noteworthy |
|
Manhattan Retail Shows Signs Of Life As Office Market Lags After a long, tough three years, the market for retail space in Manhattan is warming up. Business may lag 2019 levels, but it’s good enough and rents are down enough to start luring merchants back into storefronts that were empty for a long time. Rents are at a healthy level for both tenants and landlords. (Read more) |
|
|
Wall Street Rallies, Oil Jumps As Data Strengthens Fed Pause Bets Wall Street advanced and crude prices surged last week as robust economic data failed to budge expectations that the Federal Reserve will leave its key interest rate unchanged next week. A broad rally sent all three major stock indexes higher, with the continued upward trajectory of oil prices putting energy stocks (SPNY) on top. (Full Story) |
|
New Law Spells Dramatic Change To Short-Term Rentals In NYC New NYC rules on Airbnb's and short-term rentals went into effect on Sept 6th with tens of thousands of illegal short-term listings expected to be affected. Under the tighter regulations, eligible hosts must prove they live in the dwelling they are renting out and that the home is up to municipal safety codes and other regulatory requirements. (Full Story) |
|
|
Team News |
|
|
Happy New Year |
|
🍏🍯 Happy New Year and L’Shanah Tovah to start this season’s High Holy Days. Here’s to a fresh start and a year filled with love, laughter, and growth. |
|
Our Properties |
|
|
|
|