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The Minute DC | NY:
Washington & New York on Your Doorstep |
| Andrea Saturno-Sanjana |
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| Capital to Capital. A Higher Standard. Bespoke Service. |
Licensed in DC | MD | VA | NY | (212) 888-0550 | (202) 696-0701 | asaturno-sanjana@eversco.com
Visit me on the web!
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NY
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Prime Property | DC
Wesley Heights | Stunning in Sutton Towers
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Sunrise. Sunset. Stunning postcard views of the Washington National Cathedral
 from the double-height, floor-to-ceiling windows of this sunny, spacious, floor-through, two-bedroom, two-bathroom duplex with private balcony and garage parking (the space closest to the elevator) in luxurious Sutton Towers. Stainless steel kitchen appliances, walk-in closets and washer and dryer in unit. Community features concierge, swimming pool and tennis courts. Cable with HBO, Showtime, internet and WiFi included. Near American University, Georgetown University, Starbucks, Wagshal's, Chef Geoff's, Al Dente, Shemali's and easy Metrobus links to Downtown. For lease. Shown by appointment.
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"Baby, It's Cold Outside"
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When the temperature drops, there are diverse approaches to keeping warm. Here are a few modest suggestions.
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Transport Yourself to Warmer Climes
NY | La Sirena
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Mario Batali and Joe Bastianich's massive new Italian restaurant, La Sirena, features a 38-foot long bar that acts as the centerpiece of the space. Bastianich has said that the menu is somewhat broader than his previous projects with Batali, with items intended to appeal to a wide variety of palates. Options include a bucatini with a spicy octopus tomato sauce; a lasagna with pesto, potatoes, and bechamel; and grilled lamb chops with chickpea flour fritters. Appropriately situated in Chelsea's Maritime Hotel, guests feel transported to the Amalfi Coast--
a much warmer climate, indeed.
(Eater NY)
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Retreat Home With a Hot Toddy
UK | Winter Cabin Cooking
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Winter is the perfect time to take a break from the pace of modern life, slow down and savor a nourishing home-cooked meal. For this book, Lizzie Kamenetzky has taken inspiration from snow-covered mountains and Alpine chalets, with all her favorite food from ski towns and winter holidays. This is food for warming the soul, for snuggling up against the cold, for firesides and crackling logs and for blankets in cosy winter cabins.
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Build an Igloo in the Sky
NY | Bar 54 and 230 Fifth
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Here's your opportunity to take "living in a bubble" to the next level: Bar 54 at the Hyatt Times Square has installed two new bubbles/igloos on their rooftop terrace, which is one of the highest in New York (54 stands for the 54th Floor.) So, while the rest of the world is getting claustrophobic in their apartments with clanging radiators while it's 10 degrees outside, you and your posse can be cozily ensconced in your own little party bubble, drinking $15 cocktails and noshing on small plates while wrapped in a blanket. Whether you're in Bubble East or West, you'll enjoy views of the Chrysler Building, all of lower Manhattan and Times Square.
230 Fifth is New York's largest outdoor rooftop garden and fully enclosed penthouse lounge. One floor is fully enclosed, and the rooftop garden is open to the sky. 230 Fifth also has three rooftop igloos. (They are available on a first-come, first-served basis and fit up to eight.)
(Time Out New York)
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2 cups (.5l) whole milk
5 ounces (130 g) bittersweet chocolate (best-quality), finely chopped
2 tablespoons light brown sugar (optional)
2 tablespoons rum, kirsch or brandy (optional)
Dollop of whipped cream (optional)
1. Heat the milk in a medium-sized saucepan.
2. Once the milk is warm, whisk in the chocolate, stirring until melted and steaming hot. For a thick hot chocolate, cook at a very low boil for about 3 minutes, whisking constantly. Be careful and keep an eye on the mixture, as it may boil up a bit during the first moments.
3. Taste, and add brown sugar, a touch of brandy, a dollop of whipped cream--or all three--if desired.
Serve warm in small demitasse or coffee cups.
Note: This hot chocolate improves if made ahead and allowed to sit for a few hours. Rewarm before serving.
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Prime Property | NY
Living Above the Shop...in Luxury
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Buying property is, of course, a form of shopping, and while the price per square inch for even a covetable handbag is unlikely to rival a top home purchase, those browsing for bedrooms and bathrooms are often driven by a similar consideration: the quest for a lifestyle that reflects their identity. "By introducing the right mix of retail, recreation and culture, it's possible to add 30 to 50 per cent to housing values and shift the perception of the kind of person who will want to purchase there," says Martin Raymond, co-founder of trend forecaster The Future Laboratory. 432 Park Avenue is located in Midtown, just round the corner from Bergdorf Goodman and Tiffany & Co, but elsewhere in the city the shopping has followed the residential buyers, particularly Downtown, where there's been a growing integration of the work-life balance. (Financial Times)
Click here for full article
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Washington Market Summary for January 2016
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RBI)
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Statistic
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Values
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YoY
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MoM
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Total Sold Dollar Volume
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$272,307,769
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-3.8%
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-39%
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Closed Sales
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450
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-0.9%
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-35.9%
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Median Sold Price
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$504,250
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+1.9%
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-1.3%
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Avg Sold Price
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$605,128
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-2.9%
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-4.8%
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Avg Days on Market
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49 days
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-10.9%
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+14%
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Avg Price Per Square Foot
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$463
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+2.2%
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-1.5%
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Manhattan Residential Sales Market Report January 2016
January 2016 was a slow month for Manhattan residential real estate, with declines in contracts signed in both the condominium and co-op markets. Year-over-year, condo signings declined 17% compared to this time last year, while co-op signings declined 19%. Both markets experienced gains in price per square foot, with condo prices up by 5%, while the co-op price per square foot increased 18%. Condominium inventory continues to increase, with listed inventory up month-over-month and year-over-year, while co-op listings declined year-over-year for the fourteenth consecutive month.
(Citi Habitats)
Brooklyn Residential Sales Market Report for Q4 2015
The market had a strong finish to 2015. Fourth Quarter 2015 took the title of the strongest fourth quarter since 2008 in terms of sales-and continued the streak of year-over-year price gains seen throughout all of 2015.
Inventory remains limited. With just a 3% year-over-year increase in overall inventory, buyer demand continues to put upward pressure on pricing throughout the borough.
Pricing continues to climb year-over-year. This quarter's median price reached $545,000, 9% above last year's figure but 4% below Third Quarter. Average and median price per square foot both grew by double-digits year-over-year. (Citi Habitats)
Brooklyn Residential Sales Market Report January 2016
To start off 2016, Brooklyn sales were 3% higher than January 2015. Inventory remained level with last January and was up slightly from December in preparation for the spring selling season. Market-wide median price and average price declined relative to last month and last year. This was mainly due to an increased proportion of studio and one bedroom sales in January, as well as a larger share of co-ops being sold. Average price per square foot rose 3% year-over-year despite a drop in average price as the average apartment size sold this month was 18% smaller than last year. On average, 1.36% is being negotiated off the asking price. In January 2015, 31% of buyers paid below ask, while 42% of buyers paid below ask last month. (Citi Habitats)
Manhattan Residential Rental Market Report January 2016
The report found that the market stabilized this month, with rents relatively unchanged from December. In addition, the borough's vacancy rate fell, while move-in incentives climbed to the highest rate seen in 5 years.
In January 2016, the average monthly rental price for a Manhattan studio was $2,163. For one-bedroom homes, the average was $3,013. For two-bedrooms, the average rent was $4,025. Finally, the average three-bedroom apartment rented for $5,225.
A
verage rents declined a mere 1% for studio apartments, while they rose 1% for one-bedroom units. Meanwhile, average pricing for two- and three-bedroom homes only shifted by marginal amounts.
In January, the borough-wide vacancy rate fell to 1.90% from December's rate of 2.06%--l
argely as the result of landlord incentives to new tenants. Looking year-over-year, the rate was higher than January 2015--
when 1.60% of units were vacant.
When examining concessions, 17% of rental transactions brokered by Citi Habitats offered a free month's rent and/or payment of the broker fee to entice new tenants in January, up from 14% in December. In fact, January 2016's concession percentage is the highest we have seen since January 2011, when the percentage reached 21%.
"Landlords continue to be hesitant to lower their asking rents, despite recent tenant push-back" commented Gary Malin, President of Citi Habitats. "Instead, owners have ramped up their use of concessions, which has been largely successful in stabilizing the city's rental market. The recent vacancy rate increases have come to a halt, and rents have held steady."
(Citi Habitats)
Click here for the January 2016 Manhattan Rental Market Report
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| I would personally like to thank you for taking the time to view this email. If you're thinking of buying or selling, you need an agent who knows my hometown of Washington and my adopted home of New York like no one else. I'm that agent. It would be my pleasure to assist you with all of your real estate needs.
I pride myself on cutting through the hassles of buying or selling and providing my clients with exceptional customer service. Let me earn your business.
Andrea
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Evers & Co. Real Estate, Inc. | 4400 Jenifer Street, NW, Washington, DC 20015
M: (212) 888-0550 | M: (202) 696-0701 | O: (202) 364-1700
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