The Minute NY | DC:
 New York & Washington on Your Doorstep

Andrea Saturno-Sanjana
 

Capital to Capital. Real Estate. 
   
Licensed in NY | DC | MD | VA | (212) 888-0550 | (202) 696-0701

MCNE - Master Certified Negotiation Expert
CLHMS - Certified Luxury Home Marketing Specialist

Visit me on the web! NY | DC
July 2022
Prime Property | NY | Greenwich Village | 41 Fifth Avenue
With three exposures and picture-postcard, open views of Greenwich Village and downtown New York City, Apartment 15E in 41 Fifth Avenue is a splendid, light-filled, two-bedroom, one-bath home in Gold Coast Greenwich Village on Lower Fifth. Graciously proportioned rooms, windows in every room, nine-foot ceilings, walnut-toned oak floors and cove, wall and decorative moldings retain the character of the original architecture. The expansive living and dining room has southeast and southwest exposures, and the home’s sense of openness makes it perfectly suited for contemporary living.

Completed in 1923 by renowned architect Rosario Candela in a modified Italian Renaissance Revival style with dark red brick and terra cotta details, 41 Fifth Avenue is a landmarked, elegant building yet with a discreet entrance on 11th Street. 41 Fifth Avenue is a pet-friendly community with a graceful lobby and a landscaped rooftop with panoramic views.

Equidistant between iconic Washington Square Park and Union Square with its bountiful Greenmarket, and known as the Gold Coast, Lower Fifth Avenue is a seven-block neighborhood within Greenwich Village. Lower Fifth retains a timeless beauty because of its outstanding examples of early 20th Century architecture while also enjoying the energy which comes from neighbors Parsons School of Design, The New School and New York University.

On the United States National Register of Historic Places and a New York City Landmark, Greenwich Village is one of the city’s centers of culture with theatres, jazz clubs, galleries and the Whitney Museum of American Art. The exciting nightlife of the Meatpacking District, the nature found along the Hudson River Greenway and on Little Island, local boutiques, and outstanding dining at Michelin-starred Blue Hill, Kosaka and Wallsé and local favorites Gotham Restaurant, Ribalta, Veselka and Gelateria Gentile, make Greenwich Village one of the most attractive neighborhoods in New York City.
Prime Property | France | Paris | 5th Arrondissement
Situated in the heart of Paris, in the 5th Arrondissement, this three-bedroom, two-and-a-half bath condominium home in a former convent built in 1900, overlooks an elegant garden and includes a cellar.

One of the oldest neighborhoods in Paris, le cinquième is the home to Arènes de Lutèce, the oldest historic monument built in Paris and the third largest Roman coliseum in France, as well as the Thermes de Cluny. The energy of the Latin Quarter with La Sorbonne-University de Paris, the green spaces of the Jardin des Plantes and the Jardin du Luxembourg and historic and cultural sites the Pantheon and the Musée Curie are all nearby.

Summer Scavenger Hunt | NY | New York Public Library
Think: library trivia meets New York City Marathon meets urbanist adventure.

Share your love of libraries in some friendly competition with other passionate New Yorkers!

The story of our city’s libraries tells the story of New York’s past, present, and future. Over the last 100 years, libraries have evolved to keep up with the changing needs of our diverse population to serve neighborhoods in all five boroughs. More than just places for books, libraries are vital community spaces where kids can play and learn, teens can geek out on computers and comic books and people from all backgrounds can apply for jobs or learn new skills, languages and hobbies. In every community across the city, libraries physically anchor the collective commitment to discovery, self-improvement and innovation.

Join Open House New York for a citywide scavenger hunt to deepen your knowledge of our city’s libraries, from the past to the future. Race to decipher clues, explore new corners of the city with friends and find a new appreciation for these vital community anchors.
Summer Block Party | DC | National Building Museum
The National Building Museum and the Folger Shakespeare Library, in association with the University of South Carolina, are partnering this summer to present The Playhouse. Starting on Friday, July 1–and running through August 28, 2022–visitors can step back in time with the Bard for the latest iteration of the Museum’s Summer Block Party. Tony Cisek, production designer of A Midsummer Night’s Dream, directed the creation of an exciting Festival Stage, inside the Museum’s Great Hall.  Developed by Jim Hunter, Department Chair of the Department of Theatre and Dance at the University of South Carolina, the stage will welcome visitors as they arrive to the Museum. 

The Playhouse provides a venue for unique experiences related to theatre—from behind-the-scenes tours to sword-fighting demonstrations and other hands-on activities.  At night, The Playhouse transforms into a stage for Shakespeare’s most famous, fairy-filled comedy for Folger Theatre’s production of A Midsummer Night’s Dream.

Manhattan Residential Market Report Q2 2022
When viewing a report based on closed sales, it is always helpful to remember that while these transactions closed in the past quarter, they were negotiated several months beforehand. In the time between when deals are negotiated and they ultimately close, a lot can change.  Our second-quarter 2022 report is a prime example of how much can happen in just a few months.

While the report shows prices rising 5% over the past year for resale apartments, a deeper dive into the data tells us why that finding should be viewed carefully.  For second-quarter closings, the average contract signed date was January 30, 2022. Let us look at how things stood at the end of January versus today.  Rates for 30-year mortgages were averaging 3.55% at the end of January 2022, and the S&P 500 index was at 4,516. As we prepared this report, mortgage rates were approaching 6%, and the S&P 500 had fallen to just above 3,800.

After an incredibly strong 2021 and first half of 2022, Manhattan is now shifting towards a buyer’s market.
Brooklyn Residential Market Report Q2 2022
The Brooklyn apartment market remained hot in the second quarter, with the average sales price hitting a record high of $1,085,658.  While 4% lower than a year ago, the number of closings was still at a very high level, and pricing gains were seen for both co-ops and condos compared to last year.

We must remember that the Q2 2022 closings in this report were negotiated in a much different environment than that of today. On average, the contracts for the second quarter were signed in early February of this year.  At that time, mortgage rates were averaging 3.6%, and the S&P 500 index was at 4,500.  By the end of the second quarter, mortgage rates had climbed by more than 2%, and the S&P 500 was at 3,785.
Queens Residential Market Report Q2 2022
Long Island City Condos. The average price rose 12% over the past year to $1,247,353.  Closings were down significantly from a year ago, as a surge of new development closings inflated the second quarter 2021 data.

Astoria Apartments. The median price was slightly lower than a year ago, while the average price fell 4%.  Closings rose 11% compared to the second quarter of 2021.

Astoria 1-3 Family Houses. At $1,333,044, the average price was 6% higher than a year ago.  The number of closings was unchanged from 2021’s second quarter.

Forest Hills Apartments. The average price rose 3% over the past year, reaching $429,467.  Closings were 14% below last year’s comparable period.

Forest Hills 1-3 Family Houses. Strong gains were posted in both the average and median prices from 2021’s second quarter.  The number of closings fell 20% over the past year.
Washington, DC, Market - June 2022
Montgomery County, Maryland, Market - June 2022
Indoor - Outdoor Bar | NY | Hell's Kitchen | Civilian Hotel
A 27-story hotel in Hell’s Kitchen, Civilian is at the crossroads of creativity and community.  A melting pot of arts, music and theatre, Civilian gives visitors the chance to participate in Manhattan’s creative scene. Many of New York’s brightest talents collaborated on the 203 guestrooms, adding distinctly local touches and authentic accents that make Civilian like no other address in the city.  Award-winning architect David Rockwell served as impresario, leveraging his theatre-world roots to design a hotel that transcends the bounds of traditional hospitality and offers surprises at every turn.

The second-floor bar and lounge, with exposed brick, cathedral ceilings and a covered terrace, offers an oasis in the heart of the Theatre District.
Indoor - Outdoor Bar | DC | Georgetown | Apéro
Apéro is a sommelier-owned-and-operated Champagne, wine and cocktail bar and French restaurant.

Located in the heart of historic Georgetown, Apéro offers a neighborhood vibe situated along a quiet street lined with row homes and Colonial-era architecture with barista service weekdays and with small snacks, evening dinner and weekend brunch.

The culinary team is led by consulting Chef Paul Stearman with offerings such as sustainably farmed caviar, accoutrements and waffles or seabass en papillote.

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.

Sincerely,
 
Andrea
Licensed in NY | DC | MD | VA | (212) 888-0550 | (202) 696-0701 andrea@realnydc.com 

MCNE - Master Certified Negotiation Expert
CLHMS - Certified Luxury Home Marketing Specialist

Visit me on the web! NY | DC
               
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Broker. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent with designated agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. Broker actively supports equal housing opportunities. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. Brown Harris Stevens Residential Sales, LLC.