Your weekly market report has arrived. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Market by Martin

Brought to you by
The Martin Eiden Team

at Compass

New and Noteworthy

Brooklyn Luxury Report

The Brooklyn luxury Real Estate Market,

defined as all properties priced $2M and above, saw 19 contracts 

signed this week, comprised of 13 condos, and 6 houses. The previous week saw 24 deals. Aver-age price per square foot was $1,485, the average discount was 2%, and properties stayed on the market for an average of 113 days.

 

(Read More)
Stocks Bounce After Heavy Sell-Off As US Inflation Cools

European shares and U.S. stock futures rebounded on Friday as markets stabilized after a week in which global equities have tumbled almost 2%, while the dollar regained ground against the yen.

There was little major reaction to data showing the U.S. personal consumption expenditures index, the Federal Reserve's preferred measure of inflation, cool. 

(Read More) 

U.S. Economic Growth Accelerates, Outpacing Forecasts

Economic growth picked up more than expected in the spring, as cooling inflation and a strong labor market allowed consumers to keep spending even as high interest rates weighed on their finances. GDP, increased at a 2.8% annual rate in Q2. 

(Read More)

Team News

Highlight of the Week

My highlight of the week was meeting 4 month old Emma! Daughter of friends (/clients) of mine Cathleen and Daniel Feinberg.

I gave her some tips on buying a crib in her hood…Park Slope. As my not-so-little one Noble goes off to college soon, it is so beautiful to have a new little one around. I love seeing t

he new generation being brought up by such amazing parents.

Our Properties

1118 Decatur Street
Bushwick
4 Bed | 4 Bath

OH: 7/28 01:00 pm - 3:00 pm

39 West 67th Street, Unit 101/201
Upper West Side
2 Bed | 2 Bath

OH: 7/28 01:30 pm - 2:30 pm

60 West 68th Street, Unit 5B
Upper West Side
3 Bed | 3 Bath
25 East 86th Street, Unit 1D
Upper East Side
4 Bed | 2 Bath

© Compass 2024 ¦ All Rights Reserved by Compass ¦ Made in NYC

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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