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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 | Long Island City | ALTA+
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New luxury rentals available this spring at ALTA LIC. From oversized studios and one bedrooms, to airy 2 and 3 bedrooms, to Ollie coliving micro suites, ALTA LIC offers a fresh take on luxury living. Exceptional amenities, curated entertainment and a prime Long Island City location one subway stop outside Midtown Manhattan, make ALTA+ LIC the premier new development in Long Island City today.
Live large, live well with exceptional amenities including the ALTA+ DECK and ALTA+ LOUNGE, two floors of dedicated indoor and outdoor lounges overlooking Manhattan featuring a rooftop lawn, outdoor movie theatre, party kitchen and a landscaped terrace and amazing views. Residents can work hard and play hard at the CUBE, a stunning double-height co-working, game hall and event space. To restore and rejuvenate, visit the ALTA+ RETREAT, and enjoy a skylighted indoor lap pool and patio, state-of-the-art fitness center and yoga studio. For those craving a clubhouse experience, travel to GoIF, the development's 18-hole Golf Simulator Lounge. ALTA LIC also offers residents full recreational, veterinary and grooming services for their furry, four-legged friends at the building's dedicated Pet Spa and dog run.
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Prime Property | DC | Bethesda, Maryland | Beautiful Bungalow
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Beautiful, renovated, pre-war bungalow home in Bethesda's Crestview subdivision now available for rent. Three bedrooms, two bathrooms, living room with fireplace and separate dining room.
Updated kitchen features stainless steel appliances and granite countertops. Hardwood floors on main level, ample storage and third bedroom loft with skylight. Basement features large recreation room, full bathroom, laundry area and workshop.
Only eight blocks from Friendship Heights-home of Metro's Red Line, Whole Foods, Clyde's, Chatter, Bloomingdale's and many other restaurants and shops.
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Washington Market Summary for January 2018
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Manhattan Residential Sales Market Report January 2018
The number of contracts signed in January was down again, following already low sales activity in December. However, the good news is most price metrics saw increases, as average sale price jumped for condos and co-ops...while median price grew for co-ops alone. Average price-per-square-foot rose for both condos and co-ops, surpassing $2,000 per-square-foot for condos, an unusually high figure. Listed inventory continued the trend of annual increases, as both condos and co-ops saw year-over-year gains. Days on the market increased by double-digits for both condos and co-ops, as average days on market for condos approached half a year. Negotiability increased for both product types, as the spread from last ask to sale in January was 4% for condos and 2.5% for co-ops.
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Citi Habitats
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Brooklyn Residential Sales Market Report January 2018
During January, the Brooklyn market experienced an increase in contracts signed, up 10% versus last year--driven by strong sales at recently-launched new developments. While the median sale price figure increased 5%, the average sale price decreased 8% versus January 2017. However, this stat was skewed by a $12.9MM townhouse sale in Brooklyn Heights last year. Average price-per-square-foot was $807, up 3% year-over-year as all but two-bedrooms had price-per-square-foot increases. The difference from last asking price to sale price was 1.5% below the average asking price, an improvement from a year ago. January's average days on market figure of 88, while lower than the previous month, was skewed by a few homes selling after sitting on the market for almost a year.
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Citi Habitats
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Manhattan and Brooklyn Residential Rental Market Report January 2018
In January, the average monthly rental price for a Manhattan studio was $2,373. For one-bedroom homes, the average was $3,201. For two-bedrooms, the average rent was $3,970. Finally, the average three-bedroom apartment rented for $5,400.
Brooklyn studio apartments (in the 14 neighborhoods studied) rented for $2,262 per month on average, 5% less than Manhattan. For Brooklyn one-bedrooms, the average rent was $2,739 (14% less than Manhattan), while rents for two- and three-bedrooms clocked in at $3,568 and $4,802 respectively (10% and 11% less than across the river).
In January, the Manhattan vacancy rate fell to 1.91%--from December's rate of 2.09%. This is the first time since September that the borough's vacancy rate has landed below 2%. We attribute this increase in demand for housing in part to pent-up holiday season demand, as well as the continued effectiveness of slight rent adjustments and generous move-in incentives.
When examining concessions, 43% 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 January-up from 41% in December. These incentives remain remarkably high-and while they are most common on high-end luxury product, they can be found on both new construction units and re-rentals alike.
"The city's rental market is stuck in neutral." explained Gary Malin, President of Citi Habitats. "Month-to-month, we will see a little movement up or down, put pricing has stayed within the same bandwidth. We found that overall, rents fell slightly from December - and any drop in pricing is a positive sign for tenants. Meanwhile, concessions remained prevalent, especially for homes at the higher end of the price spectrum. It's a great time to be in the market for a luxury rental-choices and opportunities abound."
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Citi Habitats
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Physics | The Perfect Glass for Champagne
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Bubble physicist, Helen Czerski, reveals why you should care about the glass you are drinking your champagne from. "W
hen you lift a glass of champagne to your nose, just as much as what's in the wine, what matters is in the air just above it because that's the bit that goes right up your nose just as you take a sip. So if you got a bubble engine that is going round and round, it's bringing lots of new champagne to the top, so lots of flavor molecules can get released into that little bit of space. The other thing that happens is that when the bubbles come to the top and burst, they actually do the job for you. They spit little particles up your nose and so even more flavor gets delivered upwards. So this little bubble engine is really important for the flavor of the champagne."
(
Tech Insider
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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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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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