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The Minute NY | DC:
New York & Washington on Your Doorstep |
| Andrea Saturno-Sanjana |
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| Capital to Capital. Real Estate. NYC & DMV. |
Licensed in NY | DC | MD | VA | (212) 888-0550 | (202) 696-0701 | andrea@realnydc.com
Visit me on the web!
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| Prime Property | NY | Sutton Place | Oriana at River Tower |
At Oriana at River Tower, 39 stories in the classic Sutton Place neighborhood, the variety of newly renovated rental homes reward residents with awe-inspiring views of the East River and City skyline. With meticulous design from award-winning Gachot Studio and a full suite
of modern amenities, Oriana is the rare opportunity to live a lifestyle without limits.
Curated amenities are designed to seamlessly integrate convenience, entertainment and wellness into your everyday. Adults can savor a quiet evening in Oriana's crown tier rooftop lounge, while children play in the sprawling activity center filled with games, books and a miniature rock-climbing wall. Every residential space offers a multitude of options and a new level of luxury and living. Contact me for a private tour.
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Prime Property | DC - MD - VA | Coldwell Banker Global Luxury
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The
Coldwell Banker Global Luxury
program sets the benchmark for modern luxury real estate marketing, continuing the legacy established more than 80 years ago. The essence of this elite program is simple; combine the prestige of the Coldwell Banker name with the top luxury real estate masters and the reach of a robust international network in 49 countries and territories. The result is an unparalleled fusion of leadership and experience in one program.
A modern expression of luxury real estate, Coldwell Banker Global Luxury aligns the power and recognition of the Coldwell Banker brand with the experience and stellar reputation of an agent base that consistently strives to exceed the expectations of even the most discerning clientele.
Let me harness the power of the Coldwell Banker Global Luxury brand as I assist you in selling your luxury property in Washington, DC, Maryland or Virginia.
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NY | New York Fashion Week
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With the September issue weighing in at 4.6 pounds and celebrating 125 years reporting, promoting and influencing fashion, who better than
Vogue
to ask about street-style trends at the most recent New York Fashion Week?
Describing the street style seen outside New York Fashion Week's Spring 2018 shows requires one word: on-trend. Rather than embrace the offbeat individuality or sweeping romanticism of other cities, showgoers seemed laser-focused on what's hot right now--the boxy Balenciaga jackets and floral prints, a dozen takes on the corset.
That said, the week did provide a neat overview of current trends, plus a list of single statement pieces to put in rotation now. For some, it was the ease of a pretty printed dress offset by a minimal shoe, most often the mod little white boot. Others turned to colorful suits and classic suit separates (i.e., a big-shouldered jacket with jeans), while kitschy retro shades in red or white acrylic were another way to do one-and-done fun. The best tack, however, was the artistic use of light, bright color-pale pinks, lemon yellows, and tangerines, draped from head to toe. It was one of the season's loveliest show trends, already turning heads on the street. Sometimes good style is just that simple.
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Washington Market Summary for August 2017
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Manhattan Residential Sales Market Report August 2017
In Manhattan, contract activity in August dropped year-over-year, as sales of condos and co-ops both fell. Pricing metrics for condos and co-ops saw mixed results in August, as average sale price increased by double digits for each, while median sale price declined for co-ops, but increased for condos. Similarly, price per square foot for condos saw a rise in pricing - while co-ops saw a slight drop in pricing.
For condos, an increase in inventory was met by a surprisingly large reduction in days on market. Meanwhile, co-ops saw both days on market and inventory increase.
Negotiability remains prevalent in both markets, though condos saw lower discounts than a year ago, while co-ops experienced a slight increase in average discount.
(
Citi Habitats
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Brooklyn Residential Sales Market Report August 2017
During August, the Brooklyn market experienced its seventh consecutive month of annual sales increases, up 6% versus last year. While the average sale price remained level versus last year, the average price per square foot figure experienced a modest increase, up 3%. Meanwhile, the median sale price increased 7% year-over-year to $975,000. The difference from last asking price to sale price was 1.6% below the average asking price, as 44% of apartments sold below ask, the highest share since February 2017. New listed apartment inventory saw a 30% increase from August 2016, led by introductions at new developments such as The Greenpoint, 2100 Bedford Avenue and The Aaron.
The average days on market figure of 61, while up year-over-year, still indicates a very competitive market in Brooklyn.
(
Citi Habitats
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Manhattan and Brooklyn Residential Rental Market Report August 2017
Last month, the average monthly rental price for a Manhattan studio was $2,363. For one-bedroom homes, the average was $3,193. For two-bedrooms, the average rent was $4,069. Finally, the average three-bedroom apartment rented for $5,420.
In comparison, Brooklyn studio apartments (in the 14 neighborhoods studied) rented for $2,296 per month on average. For Brooklyn one-bedrooms, the average rent was $2,836, while rents for two- and three-bedrooms clocked in at $3,733 and $5,102 respectively.
In August, the Manhattan vacancy rate fell to 1.78%--from July's rate of 1.84%. However, last August, the borough's vacancy rate was lower than this year, at 1.73%.
When examining concessions, 31% 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 August-up from 24% in July. Looking year-over-year, their prevalence increased rather substantially. In August 2016, 19% of leases offered an incentive.
"August is traditionally the busiest month for rentals, and in a competitive market like this one, landlords were smart to ratchet up the use of incentives to drive traffic to their properties,"
explained Gary Malin, President of Citi Habitats. "Apartment seekers are increasingly flexible as to what neighborhoods they will live in-but in terms of the apartments themselves, more selective. With a lot of new product out there, they are savvy comparison shoppers. Tenants are not willing to overpay for a prime location, and have come to expect a good deal."
(
Citi Habitats
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Good Food for the Greater Good
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An increasing number of culinary entrepreneurs are combining a love of good food with the creation of opportunities for others to succeed and thrive. Here are two examples.
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With a prime Georgetown location and the motto, Baking a Difference, Dog Tag Bakery is the storefront of Dog Tag, Inc., which seeks to provide a transformative opportunity for veterans with disabilities by offering an education at Georgetown University and real life work experience. Upon completion of the Dog Tag Inc. program, transitioned veterans are business ready, competitive and employable.
From the early hours of each morning, Dog Tag Bakery is mixing up batches of handmade baked goods while providing valuable work experience for disabled veterans and caregivers. Everything on the menu is delicious, and the brownies are divine!
Dog Tag is the inspiration of Connie Milstein (Connie's Baking Co.) and the late Father Rick Curry, SJ.
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Last week, at what seemed like a usual rooftop office party, the catering really stood out. From the
farm-fresh vegetables and flatbread pizzas to the enthusiastic staff, it was an event to remember. The distinctive food truck parked outside of the Midtown office block should have given me a clue as to what to expect when I arrived.
Drive Change, the brainchild of Jordyn Lexton, uses the food truck work
place to run a year-long Fellowship to broaden access for young people (ages 17-25) returning home from adult jail/prison so they can obtain
preferential employment and educational opportunities.
The
fellows learn to prepare and serve delicious, scratch-made meals with a side of social justice.
Meals are prepared in their kitchen in Brooklyn and served off their award-winning food truck, all over New York City. The food truck is available to hire for catered events.
The Drive Change food truck is the only truck that serves farm-fresh food made from scratch in NYC and
won the 2015 Vendy Cup.
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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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Licensed in NY | DC | MD | VA | (212) 888-0550 | (202) 696-0701 | andrea@realnydc.com
Visit me on the web!
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DC
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Real estate agents affiliated with Citi Habitats are independent contractor sales associates and are not employees of Citi Habitats. Citi Habitats is a licensed real estate broker located at 387 Park Avenue South, NY, NY 10016. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Citi Habitats makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Citi Habitats advises you to hire a qualified architect or engineer. This is not intended to solicit property already listed.
Equal Housing Opportunity.
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