November 2022

Prime Property | NY | Fifth Avenue on Central Park

Spectacular Central Park views from four exposures in this generous Fifth Avenue residence with two expansive suites, over nine-foot ceilings and a wood-burning fireplace with travertine surround. Uninterrupted views of Central Park from the reception foyer through to the open living and dining room with its herringbone hardwood flooring, crown molding and versatile layout.

Built by noted architect Rosario Candela in 1948, One East 66th Street has a three-story rusticated limestone base, limestone band courses between the windows on the fourth floor and a building entrance with a polished red granite surround and a stainless steel canopy. One of the first Mid-Century residential buildings constructed on Fifth Avenue, One East 66th Street is also one of the rare remaining New York City apartment houses to provide both a private dining room and in-residence catering. Residents enjoy a windowed fitness center with NordicTrack, Peloton and separate weight and stretching rooms, the services of a full complement of professional building staff and storage as available. One East 66th Street is a pet-friendly community.

Perfectly positioned to enjoy Manhattan’s best, One East 66th Street is directly across Fifth Avenue from Central Park, one block from the luxury designer boutiques of Madison Avenue, three blocks from Restaurant Daniel, with its two Michelin stars, and a short drive along the 66th Street Transverse through Central Park to Lincoln Center for world-class opera, ballet, music and film. The elegant Lenox Hill neighborhood within the Upper East Side Historic District, on the United States National Register of Historic Places, is home to Frick Madison, The Asia Society, Park Avenue Armory, important art galleries and sumptuous nightlife and live jazz at The Carlyle, The Pierre and The Plaza.

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Prime Property | DC | Contemporary Bellevue Townhome

This contemporary three-level townhome with garage in Danbury Station features two bedrooms, three baths and a powder room. There is potential to convert the den to a third bedroom. The open-plan, eat-in kitchen has stainless steel appliances, shaker wood cabinetry, an island and recessed lighting.

Minutes from Downtown Washington, DC, and National Harbor, this light-filled home is a short distance from Alexandria and Joint Base Andrews and enjoys easy access to 295, 395 and 695.

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NY | Holiday Train Show | New York Botanical Garden

More than 190 scaled iconic buildings and structures such as the Brooklyn Bridge, Yankee Stadium, and the Statue of Liberty are displayed under thousands of twinkling lights. Step into a miniature city where famed New York architecture is re-created using bark, leaves, and other natural materials. See more than 25 G-scale model trains and trolleys hum along nearly a half-mile of track. Don’t forget to look up—NYC bridges come together to create an aerial display of trains soaring overhead!

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DC | Holiday Train Show | United States Botanic Garden

The US Botanic Garden (USBG) will offer a garden-wide “Season’s Greenings” holiday display this year, running from Thursday, November 24th, through Monday, January 2nd, 2023, closed December 25th. As part of the festivities, G-gauge model trains will run between 10:00 a.m. and 5:00 p.m. each day in the gated outdoor gardens, and the Conservatory will feature poinsettias, holiday decor, and DC landmarks made from plants.

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Manhattan Residential Inventory Report October 2022

After falling for the last 3 months, the supply of apartments for sale in Manhattan climbed 30% to 5.8 months. October’s supply was 6.3 months for condominiums, and 5.3 months for cooperatives. Downtown between 14th and 34th Street saw the tightest market, with a supply of 4.7 months.

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Manhattan Residential Inventory Report September 2022

The number of units available for sale at the beginning of September dropped 13%, contributing to a 16% decline in months’ supply to 4.4-months. The months’ supply for condos dropped 15% from last month, while co-ops decreased 17%. While all neighborhoods posted a decrease in months’ supply, the West Side and Downtown between 14th and 34th Street were the tightest at 3.5-months.

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Manhattan Residential Rental Listings October 2022

While there is some variation neighborhood by neighborhood, the overall number of new rental listings fell 7% last month for doorman buildings and 19% for nondoorman buildings.

• Compared to a year ago, listings are 15% lower for non-doorman buildings, but up 4% for buildings with a doorman.

• Average asking rents were up 2% last month for buildings with doormen, and 5% for those without.

• Asking rents for new listings remain sharply higher than a year ago.

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Washington, DC, Market - October 2022

Montgomery County, Maryland, Market - October 2022

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