December Queens Market Report | Barbara Quaranta

December NYC Market Report | Barbara Quaranta

Barbara's Newsletter - Holiday Edition 🎄🕎✨

The Starting Line... your 4-minute blast of all things NYC Real Estate and beyond: 💹 November marked (yet) another high point for average rental rates in Manhattan ==> 🏀 As an NBA superstar (and possible future Knick??) jumps into the fray as a newly minted Brooklyn landlord ==> 🤯 Franken-house?? One part townhome, one part condo, one part skybridge (!!). One of the rarest offerings you'll see hit the market in TriBeCa. ==> 📸 Little further uptown, a one-of-a-kind apartment with a celebrity lineage is "repositioned" to meet the market ==> 🚲 If a bike is your chosen mode of transportation and you're tight on space, NYC is "rolling" out a solution for you! ==> 🥩 One of SOHO's staples (and personal fav!) just hit the ripe old age of 50... Cheers!  ==> 💃 Speaking of anniversaries, Radio City's most cherished tenants, the Rockettes, have been "kicking" for a century. ==> 🏦 Finally, let's celebrate the life and lasting impact (beyond NYC's skyline) of architect Robert A.M. Stern  ==> Collective Properties:

just Sold Brooklyn Heights 57 Montague St, Unit 2A 2 BD 2 BA 1100 SF $1,375,000 Contract signed Sutton Place 300 E 59th St, Unit 2601 2 BD 2 BA $1,290,000

Accepted offer Murray Hill 5 Tudor City Pl, Unit 1132 1 BD $575,000 Just Rented Hudson Square 565 Broome St, Unit S7B 1 BA $7,000

By the Numbers: 10,500

The number of individual unluating steel panels used to create late master architect Frank Gerty's FiDi masterpiece, 8 Spruce Street.  Upon its opening in 2011, it became the tallest residential tower in the Western Hemisphere at 875 feet.  But it's the aforementioned steel panels that truly set it apart.  They create a rippling effect on three of its façades that transforms in color as light and weather shift throughout the day.  Gehry sought to create an architectural triptych alongside two nearby pre-war landmarks—the Woolworth and Municipal Buildings. He later described the project as his "love letter to New York City."

City In Focus: Miami To Stay... 🏰 Faena Hotel: Bold design with luxurious comfort, offering an unforgettable stay steps from the beach, and arts and culture. ==> 👩🏼‍🎨 1 Hotel South Beach: Still one of the best in the city, this serene beachfront escape offers eco-conscious design and spacious rooms ==> 🏖️Shelborne by Proper: First In: A stylish beachfront retreat with modern comforts, inviting spaces, and easy access to Miami Beach’s vibrant dining and entertainment scene. ==> To Eat... 🥩 COTE Miami: A barrage of coordinated servers unassumingly ensures that your meats (cooked in front of you on a smokeless grill) are seared to perfection. ==> 🍝 Bioa De: Off the beaten trail is this transcendent Italian mainstay. Pasta is the king here, like the tagliolini nero tossed with king crab that's served unexpectedly chilled. ==> 🇨🇴 Elcielo: Elevated Colombian food and dramatic presentations, from tableside "chocotherapy" to the "Tree of Life" bread service. ==> To Drink... 🇨🇺. Café La Trova: Known for authentic cantinero cocktails, live music, and Cuban cuisine by Chef Michelle Bernstein. ==> 🍹 Broken Shaker: A relaxed, eclectic spot with vintage charm, serving globally-inspired bites and creative cocktails in a Caribbean-meets-urban vibe.  ==> 🎶 Mama Tried: This hip spot is known for bikes, drinks, live music, and good vibes, more a unique hangout than a typical club. ==> To Buy...

The residence is showcased by soaring 22-ft ceilings. The 1,600sqft primary suite features an ante-room, private den, walk-in closet, wood-burning fireplace, & a wrap-around porch. Wine enthusiasts will appreciate the 1,200-bottle wine cellar, while fitness lovers will enjoy the 600+sqft gym with an attached office/playroom.

The Parting Shot: Silver ̶B̶e̶l̶l̶s̶ Linings

As we close out what has been a very up-and-down 2025, it’s clear that New York City—and the country—are at an important turning point. That said, there are many reasons to feel hopeful about where NYC is headed. With that in mind, here are a few positive trends that make us optimistic about 2026: The “City of Yes” is delivering: Housing production in NYC rose by 23% in the first 10 months of 2025 following the passage of Mayor Adams’ “City of Yes” housing plan. Subways and streets are getting safer: While there’s still work to do, NYPD data shows subway crime is at its lowest level in 16 years. Shooting incidents and victims are also at record lows so far this year. A new mayor didn’t slow the market: Fears of a mass exit from NYC haven’t materialized. In fact, signed contracts for Manhattan homes priced over $4M rose to 176 in November—a 25% jump from October. New parks, venues, and yes—even casinos—are coming: Beyond housing, major infrastructure projects are moving forward, including a new event space at Sunset Park, new sports fields and an amphitheater at East River Park, and three upcoming casino and hospitality developments. While the city is far from perfect, this season is a good reminder to focus on progress, gratitude, and hope. Wishing you a meaningful holiday season and a safe, happy New Year. See you in 2026!

Ready to get started? Expect MORE for your most valuable asset Let's Chat

Barbara Quaranta Licensed Real Estate Salesperson M: 917.428.9658 barbara.quaranta@compass.com

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.

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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November Queens 2025 Market Report | Barbara Quaranta

November NYC 2025 Market Report | Barbara Quaranta

November Brooklyn 2025 Market Report | Barbara Quaranta

December 2025 | Top 7 Properties in NYC you need to Know about!

View Team

7 Must-See New York Properties You’ll Want on Your Radar

Upper West Side 340 W 86th St, #11C 2 BD 2 BA 1350 SF / 125 m² $1,730,000 / €1,482,973 Sunlit home with wide-plank oak floors, high-end finishes, windowed kitchen and baths. Full-service building with gym, rooftop, and 24/7 doorman. Rarely available! Financial District 130 Fulton St, #5B 3 BD 4 BA 2753 SF / 255 m² $3,258,000 / €2,792,790 Sunlit grand living area with bamboo floors, perfect for entertaining and intimate gatherings. TriBeCa 183 Duane St 4 BD 5 BA 5647 SF / 525 m² $6,950,000 / €5,957,609 Located on a prime block between Greenwich and Hudson Streets, this 20-foot wide, five-story masonry building sits in the heart of one of Manhattan's most prestigious and desirable neighborhoods. Sutton Place 411 E 53rd St, #6L 2 BD 2 BA 1355 SF / 125 m² $1,295,000 / €1,117,623 Sutton Manor is a full-service, pet-friendly East Side condo with 24-hour doorman, garage, and low monthlies, offering easy access to trains, shops, the East River promenade, and Long Island/airports. Fort Greene 50 Fort Greene Pl 8 BD 6 BA 4140 SF / 384 m² $4,995,000 / €4,281,763 Spanning approximately 4,320 square feet plus a full cellar on a 20' x 100' lot, this stately four-story townhouse was fully renovated in 2014 and is configured as three expansive, well-designed duplex apartments. NoMad 31 E 28th St, #3E 2 BD 2 BA 1998 SF / 185 m² $2,495,000 / €2,153,259 Residence 3E features multi-zone central air, a king-sized primary suite with terrace and marble ensuite, plus a second bedroom, bathroom, laundry, and large storage. Hell's Kitchen 353 W 56th St, #4J 1 BA 582 SF / 582 m² $650,000 / €557,186 Spacious studio with sleeping alcove, hardwood floors, high-beamed ceilings, and sunlit main living area. Modern kitchen, ample storage with walk-in closets, original bathroom, and peaceful tree-lined views.

Ready to get started? Think this could help someone you know? Email us now and we’ll add them to the list! Refer With Confidence

Eric Marrus Licensed Assoc Real Estate Broker Founder: Global Collective Team at Compass M: 516.606.0481 eric.marrus@compass.com Christina Prostano Licensed Associate Real Estate Broker Founder: Global Collective Team at Compass M: 646.373.3269 christina.prostano@compass.com

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.

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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October Queens 2025 Market Report | Barbara Quaranta