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The Starting Line... your 4-minute blast of all things NYC Real Estate and beyond:
💵 Cash is King! All-cash deals reach a record high for Manhattan real estate transactions in 2025 ==>
👀 The first renderings of a Flatiron Building apartment for sale just dropped... not too shabby for a cool $16M ==>
🌆 A room with a view - the tallest residential tower in Queens history officially opens its doors ==>
👔 Mere months after his passing, Giorgio Armani's Madison Ave home hits the market ==>
🇺🇸 In other Upper East Side real estate news, a Penthouse at The Carlyle with presidential ties finds a buyer ==>
💎 Bonhams meets the Billionaires where they are. Their new American HQ is set to open on West 57th Street ==>
🥩 Carnivores Rejoice! - A Vegas staple opens its first location outside Sin City on Lower 5th Ave ==>
🎭 Broadway Week is extended to mid-February, don't miss your chance to get in on the action ==>
☕️ Finally, here's a list of the quintessential NYC hot chocolate spots to keep you fueled during this Arctic blast! ==> |
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| | | 6 Garfield Pl, Unit 405, 11215 |
| 3 BD 3 BA 1600 SF $2,750,000 |
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| | | | | 106 W 116th St, Unit 10B, 10026 |
| 2 BD 2 BA 965 SF $995,000 |
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| | | 250 W 89th St, Unit 7E, 10024 |
| 1 BD 2 BA 0 SF $1,095,000 |
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| | | | | 565 Broome St, Unit S7B, 10013 |
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| The number of total real estate professionals after the $1.6 billion all-stock merger between Compass, Inc. and Anywhere Real Estate Inc, which was completed on January 9th of this year. The new entity operates as the world's largest real estate company, incorporating major brands like Coldwell Banker, Sotheby’s International, Century 21, and Corcoran into the Compass network. Nearly 120 countries and territories will be represented.
On a personal note, we as a team couldn't be more excited about this news. Beyond the massive international presence that we'll be able to leverage, we'll have more resources to continue the technology-driven and agent-focused platform.
Here are some thoughts from CEO, Robert Reffkin |
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| 🛖 Ananda Hotel Boutique: Offers a refined stay centered on history, comfort, and location. ==> 👩🏼🎨 Casa Canabal Hotel Boutique: Dine on international cuisine, sip champagne on the terrace, and unwind at wellness center. ==> 🏖️ Casa Carolina Hotel: Mindful cuisine, holistic spa rituals, and a rooftop bar celebrating Colombia’s vibrant spirit. ==> |
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| | 🍲 Candé: Experience Cartagena’s colonial past through dance, music, and local flavors. ==> 🍝 Mare Restaurante: Offers a memorable culinary journey with inventive flavors and cocktails in Cartagena’s historic center. ==> 🍽️ Di Silvio Trattoria: Each dish fuses Italian flavors with local touches in a warm, inviting setting. ==> |
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| | ☕ Café del mar: Offers tropical cocktails, sangria, wine, beer, and classic Caribbean dishes. ==> 🍸 Mondo Cocktail Bar: A lively bar serving creative cocktails with an electric music vibe. ==> 🎶 Alquímico: Three floors, three vibes: Colombian-inspired cocktails, classic twists, and a rooftop bar all supporting local projects. ==>
To Buy... |
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| | Stunning 255 m² beach house in Cartagena’s exclusive Calablanca project, offering 4 en-suite bedrooms, a private pool, garden, double-height living area, and sleek contemporary design—steps from pristine Caribbean beaches. USD $1,633,151 |
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Q4 in Review: A Strong Finish for Manhattan Real Estate |
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As the final quarter of 2025 came to a close, the Manhattan residential market stood on solid ground, with 2,611 transactions recorded. This marked an 8.6% increase over the prior year and a clear improvement compared to both 2024 and 2023. While political developments and broader economic uncertainty briefly tempered activity, momentum returned later in the year as buyers and sellers re-engaged. As noted in our previous letter, the local mayoral election—both at the time and in the two months since—has had little measurable impact on market performance. Condos and co-ops contributed evenly to the growth in closings, while pricing remained elevated. Average condo prices reached an all-time high, and co-ops posted one of their strongest fourth-quarter price performances on record. Following a subdued spring and a summer that largely favored the high end of the market, the late-year surge was a welcome shift and underscored sustained demand heading into year-end. The luxury sector once again demonstrated its resilience. Contracts for condos priced above $20 million increased as affluent buyers capitalized on perceived value. Even more notable was the $3 million to $5 million segment, which emerged as the most active, reflecting strong demand from well-capitalized purchasers. Inventory levels were steady overall, though modest expansion in condo supply contrasted with tightening co-op listings, intensifying competition in that segment. With new listings declining and demand remaining firm, Manhattan’s housing market is expected to remain balanced and competitive, supported by pricing adjustments and strategic enhancements as sellers continue to adapt to buyer expectations. MANHATTAN Q4 REPORT: HERE BROOKLYN Q4 REPORT: HERE |
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Ready to get started?
Expect MORE for your most valuable asset |
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Private Exclusives may not be available in all markets, and availability is subject to change. Private Exclusives, inclusive of pre-marketing and listing strategies, are at the discretion of the seller. They are only visible to buyers and the Compass agents representing them in that market. Compass does not recommend one particular strategy or guarantee results. #1 in 2023 closed sales volume in the US per RealTrends. |
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Office: 646-982-0353 Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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