October 2022

Prime Property | NY | Brooklyn | Bed-Stuy Brownstone

Retain the original façade and interior details (fireplaces, banisters, moldings, pressed tin tiles, claw-foot bathtubs) or start fresh with this two-family brick brownstone in Stuyvesant Heights within Brooklyn’s Bedford-Stuyvesant neighborhood. Built circa 1899, 601 Halsey Street is situated on an approximately 17.5-foot-by-100-foot lot with a back garden.

Perfect for a developer or for an end user to create a spacious townhome or to maintain the two-family layout for additional rental income, 601 Halsey Street currently features two apartments.

Located mid-block on a charming, tree-lined street, 601 Halsey Street is three blocks from Key Food, Saratoga Park and the Brooklyn Public Library at Macon Street and Lewis Avenue. Served by the B26 bus to Downtown Brooklyn and the J train at Halsey Street and the A and C trains at Utica Avenue into Manhattan, nearby fitness studios and the basketball and tennis courts at Decatur Playground.

601 Halsey Street is just one half block from the Stuyvesant Heights Historic District, on the United States National Register of Historic Places, with architecturally significant buildings from the late 19^th Century. Neighborhood eateries include Natural Blend Coffee, Ma-n-Pop, Saraghina Bakery and Pizzeria, Peaches and L’Antagoniste, and there are many local markets and boutiques such as The Bar Boutique and IndigoStyle Vintage.

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Prime Property | DC | Dupont Circle Willard Mansions Duplex

This renovated, corner, two-bedroom duplex with private outdoor patio features a contemporary, windowed kitchen with stainless steel appliances, two new en-suite baths, a powder room, full-sized washer and dryer, hardwood floors and a gas fireplace.

Within the Dupont Circle neighborhood and completed in 1926, Willard Mansions is a pet-friendly community, has a shared rooftop with panoramic city and monument views and enjoys easy access to the restaurants and nightlife in both Adams Morgan and U Street, Meridian Hill Park and Metro Red Line at Dupont Circle and Metro Green Line at U Street.

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NY | Fall Foliage City Hike | Brooklyn Botanic Garden

When Brooklyn Botanic Garden was founded more than a century ago, New York City area was quickly being developed into a cityscape of buildings and paved roads. Creating a public garden was one way to ensure that some green space remained. Today, the Garden has come to represent the very best in urban gardening and horticultural display.

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DC | Fall Foliage City Hike | Theodore Roosevelt Island

In the 1930s, landscape architects transformed Mason’s Island from neglected, overgrown farmland into Theodore Roosevelt Island, a memorial to America’s 26th president. They conceived a “real forest” designed to mimic the natural forest that once covered the island. Today miles of trails through wooded uplands and swampy bottomlands honor the legacy of a great outdoorsman and conservationist.

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Manhattan Residential Market Report Q3 2022

The average Manhattan apartment sales price fell 8% from the second quarter of 2022, but remained 2% higher than a year ago. The increase over the prior year is due to a rise in luxury new development closings, as the average resale price fell compared to 2021’s third quarter. Closings were 22% lower than a year ago, which was expected given that 3Q21 had the highest level of sales in 14 years. The average co-op price ticked up 1% from a year ago, while condos posted a 5% gain. 

An uptick in luxury closings helped bring the average new development price up sharply from a year ago. On average, contracts for new developments closed in the third quarter were signed on March 14, 2022, so this data is more indicative of the prior market than current conditions.

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Brooklyn Residential Market Report Q3 2022

Our Third Quarter Brooklyn Report starts to show that slowdown in activity that began in May. The number of apartment closings was 11% lower than a year ago, and prices were down sharply from the record levels set in the second quarter of 2022. Both the average and median apartment prices fell 2% compared to a year ago. The average price was down sharply from the record level set in the prior quarter.

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Queens Residential Market Report Q3 2022

Long Island City Condos. Condo prices averaged $1,210,320 in the third quarter, a 5% improvement from last year’s comparable period. One year ago, the new development Skyline Tower had a rush of closings that inflated the number of sales in 3Q21.  A combination of that high number a year ago, and a slowdown in new development closings in 3Q22 led to a substantial decline in sales over the past year

Astoria Apartments. The average price of $557,791 in the third quarter was 10% lower than a year ago. Closings were down 4% compared to the third quarter of 2021.

Forest Hills Apartments. Prices averaged $464,805 last quarter, a 12% improvement compared to a year ago. The market was 10% more active than the third quarter of 2021.

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Washington, DC, Market - September 2022

Montgomery County, Maryland, Market - September 2022

Seasonal Cuisine | Butternut Squash Recipes