Author Archives: AgentImage

January 2019

compass

Happy New Year! 

As we celebrate this new beginning, let us also reflect on all we have to be thankful for. Here’s to making 2019 the best year yet.

Julie, Mark and Marci

Compass Concierge

We’ll cover upfront costs that can increase your home’s selling price!

Welcoming 2019, Compass announced four new initiatives at our most recent company-wide meeting, each designed to directly impact your client experience

:


1. Concierge services to increase your home’s appeal

2. Bridge loans to offer you greater flexibility

3. A vendor services marketplace to provide you with quality referrals 

4. Local philanthropy efforts to give back to our communities


Investing in physical improvements to a home can increase its sale price dramatically, but many clients aren’t able to spend that money. With Compass Concierge, we can now fund the cosmetic services that will increase the value of your property – staging, repairs, cleaning – and when your home sells, you’ll simply add that amount (and nothing more) to the commission.


Julie and Mark’s Team make it a priority to approach each individual client’s home with attention to detail: making sure your home is in top condition and will attract the right buyer, for the best price.

Concierge Services Include:


Staging

Interior Designer

General Contracting

Professional Cleaning

Painting

Decluttering


Google to Invest $1B in Hudson Square Campus

The tech industry expansion continues with Google announcing that it plans to invest $1B to open 1.7 million square feet of office space in Hudson Square. Doing so will enable the tech giant to double its NYC workforce over the next 10 years. Read more about Google’s plans to expand in this article by 6sqft. 

Local Events 

Carmen Opera

January 9 – Feb. 8, 2019


This New Year, the infamous opera Carmen is coming to the Metropolitan Opera House. A dramatic tale about a hot-tempered woman who seduces a corporal, the opera is heralded as a classic. For ticket and showing information, click here.

Winter Jazz Fest 

January 4 – 12, 2019


Jazz is front and center at the Winter Jazz Fest, featuring 150 artists playing at Le Poisson Rouge and other venues. Performances are conducted over multiple “marathon” days, and you can purchase tickets here.

NYC Restaurant Week

January 21 – Feb. 8, 2019


This month, the bi-annual Restaurant Week returns with deals on 2-course lunches and 3-course dinners at 380+ restaurants. Note that Saturdays are excluded, and Sundays are only included for certain participants. For restaurant and reservation information, click here.

Tips & Tricks

10 Throw Blankets to Get You Through Winter (And Beyond)

With winter in full swing, what’s better than a functional throw blanket that doubles as a stunning design piece? Keep warm under these beautiful blankets, as recommended by Elle Decor. 

AirBnB’s 2019 Must-Visit List:

The New Hot Spots 

Looking for a new destination for your next getaway? Break the mold this season by traveling to one of the newest hotspots uncovered by AirBnB. Check out the complete list of trendy destinations here.
Featured Listings

515 East 72nd Street, Unit 7L

2 Bed | 2 Bath | $1,550,000

Q3 2018 Market Report


The overall number of active listings totaled 6,987 units in Manhattan at the end of Q3 2018, representing an 8% Y-o-Y increase compared to the same period in 2017. The increase was driven by both condo and co-op inventory at smaller unit types, which also indicated lower price segments, with listings asking below $1M up 24% Y-o-Y and listings asking between $1M-$3M up 10% Y-o-Y. In contrast, listings asking above $10M declined 26% Y-o-Y to 317 units in Q3 2018, mainly attributable to a few reasons:


1) Stale and aggressively priced inventory finally getting absorbed as sellers become realistic regarding price expectations. 


2) Developers delivering units that have attainable price points as they capitalize on the shift in market demand from ultra-luxury large units to more efficient units. 


The overall Manhattan median asking price continued to decrease in Q3 2018 by 11% Y-o-Y to $1.55M compared to the same period in 2017. As aforementioned, sellers reduced asking prices and accepted further discounts to seal the deal; we see these factors as positive signs for prospective buyers. Condo median asking price declined 9% Y-o-Y to $2.2M, registering the lowest asking price in 4 years since 3Q 2014. While co-op median asking price declined 13% Y-o-Y to $995K, registering the lowest asking price in 3 years since 3Q 2015.


* Q3 2018 inventory as of September 15, 2018


© Compass 2018 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a licensed real estate broker and abides by Equal Housing
Opportunity laws. All material presented herein is intended for informational purposes only.
Information is compiled from sources deemed reliable but is subject to errors, omissions,
changes in price, condition, sale, or withdraw without notice. No statement is made as to
accuracy of any description. All measurements and square footages are approximate.
Exact dimensions can be obtained by retaining the services of an architect or engineer.
This is not intended to solicit property already listed.

December 2018

Barbara Corcoran, Founder, The Corcoran Group, Real Estate Mogul, TV Personality, New York, N.Y.

‘I had the pleasure of meeting Julie when she joined my firm in June, 2001 and I knew right away she was someone to watch. Her totally positive, can-do attitude coupled with the care she gives her clients and the outright joy she finds working in real estate made me believe she was destined for success. Based on Julie’s accomplishments, I’d say my instincts regarding her were spot on!’

I.G and C.C, Purchasers, UWS, NYC

‘We moved into the apartment – we are extremely happy and feel we made the right decision! We wanted to sincerely thank you two for all of your time and effort spent getting us through this process. We found your advice, guidance and recommendations very, very helpful!’

R.B, purchaser

‘Julie and Mark recently helped me purchase a coop on the UES from an estate. From the very first interaction through the closing and beyond, I have been incredibly impressed with their deep market knowledge, responsiveness, patience and impressive negotiation skills. They have been helpful to me  beyond serving as my brokers and have been an absolute pleasure to get to know. I highly recommend them to anyone interested in buying or selling property in New York.’

 

Vidya and Sesh Raghavan

Julie and Mark, after two long years of searching together, we appreciate your persistence, your knowledge, your patience, expertise and kindness in helping us to find our beautiful new home!  In such a challenging market, with several bidding wars in other deals, you helped us to achieve what we thought might be impossible.  You were always positive and hopeful and made the process so much more tolerable even with all of the disappointments.  We are finally in our new, spectacular home and could not be happier!  We recommend you without reservation to all who are lucky enough to work with you!

C and R.D, purchasers new construction NYC

‘Thank You for your note and thank you for everything! It has been quite the journey since we started our search and we appreciated your support throughout the process. We also appreciate your guidance and support in the last phase of the process with the walk through and closing. Your advice was welcome and most appreciated.

Thanks!’

J AND S.G, BUYER, NEW YORK, N.Y.

‘Working with Julie Newdow and Mark Landsman made the task of finding a home in NYC painless!

Julie was always attentive when we called or emailed her. Mark was always on point whether providing us with a detailed strategic analysis of the market, relative value of what we were considering or the financial approach we needed to accomplish our goals. What we appreciated most about working with Julie and Mark was their ability to cut through whatever issues arose. They made fast appointments, got answers quickly and always solved problems. Most importantly, they were our trusted advisors. They always listened and gave us guidance based in our needs.

As a result of our partnership with them, we have a fabulous new home. We could not be happier.’