February 2023

Prime Property | NY | Sutton Place South | River Views

East River views from this light-filled, spacious, Sutton Place Junior Four with balcony, currently configured with one bedroom and a home office, den or guest room. With southeast and southwest exposures, Apartment 10GN features a generous, open-plan living and dining area with direct balcony access and French doors leading to the den.

Designed by architect Arthur Wieser and completed in 1952, 60 Sutton Place South (Sixty Sutton) overlooks an interior courtyard with elegant landscaping. A circular driveway leads to the travertine lobby with an exquisite central sculpture and fountain. Sixty Sutton residents enjoy the services of a full complement of building staff, including round-the-clock concierge, health club, valet, laundry room and bicycle storage. Underground garage parking is available for a separate, deeply discounted fee.

Quiet and residential Sutton Place became a fashionable neighborhood in the 1920s and remains so to this day.

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Prime Property | DC | Perfection in Petworth

Contemporary, open-plan two-bedroom condominium with private parking in Petworth. Completed in 2016, this home features a kitchen with island, white shaker cabinetry, quartz countertop and stainless steel appliances. Wide-plank hardwood floors and recessed lighting throughout.

Eight blocks from the Metro Green Line at Georgia Avenue–Petworth and three blocks from the Petworth Library and Upshur Park. Local shops and eateries include Yes! Organic Market, Safeway, Cinder BBQ, Buna Coffeehouse and Call Your Mother.

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Just Opened | Dining | DC | Georgetown | L'Avant-Garde

The team behind Georgetown’s acclaimed cocktail bar L’Annexe added a sophisticated French brasserie next door in December that pays homage to Parisian nightlife. Renowned French chef Gilles Epié—the youngest chef to receive a Michelin star at age 22 (in 1980 at Le Pavillon des Princes)—was most recently at the helm of the five-star Turtle Bay Resort in Oahu, Hawaii.

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Just Opened | Dining | NY | NoMad | Nubeluz

Nubeluz by José Andrés is a lightbox in the sky, bringing together the Spanish word for cloud (“nube”) and for light (“luz”). Nubeluz offers modern interpretations of classic cocktails and small bites coupled with remarkable 270-degree views of the New York City skyline.

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Brown Harris Stevens Celebrates 150th Anniversary

As New York City’s legacy brand, Brown Harris Stevens was founded in 1873, the same year Central Park was completed. Brown Harris Stevens celebrated its sesquicentennial anniversary with a gala event at The Metropolitan Club, designed by noted architectural firm McKim, Mead and White in 1893 in the Italian Renaissance Revival style.

Manhattan Residential Inventory Report January 2023

Manhattan had a 5.1-month supply of apartments for sale at the beginning of January, down 9% from last month. The months’ supply was 5.8 months for condominiums, and 4.6 months for cooperatives. The West Side is Manhattan’s tightest market, with just a 4.0-month supply of apartments for sale.

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Hamptons and North Fork Market Report - Year End 2022

If the 2022 real estate market could be summed up in two words, they would be Low Inventory. After the unprecedented run of sales in 2020 and 2021, the supply of available homes on the East End was largely depleted and has yet to recover.

Contrary to conventional wisdom, the shifting economic conditions of the past year--rising mortgage rates, inflation, and near promises of a recession--have not significantly impacted demand. Rather it is the dearth of sellers and new listings that has dampened sales activity. The near stagnant inventory levels bear this out--as new, well-priced listings hit the market they tend to sell quickly.

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Washington, DC, Market - January 2023

Montgomery County, Maryland, Market - January 2023

Happy Valentine's Day!