Per the Daily Mail, Manhattan rent prices are on track to climb back to pre-pandemic levels as renters are flocking back to the city, causing the number of available units to drop by 38% in a month.
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Long Island City is showing serious signs of life after the COVID-19 pandemic froze the nation’s fastest growing neighborhood over a year ago. LIC has seen one of the most dramatic growth spurts over the last decade, with condominium properties appreciating by over 60% since some of the first condos launched back in 2006. This is especially compelling since as recently as 20 years ago the area was very much a ghost town.
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Chef Andrew Carmellini’s restaurant Lafayette in NoHo has completely transformed their outdoor dining space into the most charming “Le Village de Lafayette,” filled with 12 adorable private dining “chalets.”
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What does the great Florida migration mean for me, a New York condo/coop owner?
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Since private cabins are apparently our ‘thing’ we’re going to recommend another great outdoor dining option! Located in the heart of the West Village, Osteria 57 offers a delicious, pescatarian, Italian leaning menu. But let’s get to those cabins... wonderfully warm and private, we TOOK OUR COATS OFF. Need we say more?
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In deconstructing the data from February’s sales activity, I am struck by a few compelling data points which show where the market is most healthy...see below
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As we head into the Fall market and the fourth quarter of 2020, I am here to deliver the facts, dispel myths and present opportunities for moving forward. This message is a reflection of the very ethos of the Lanyard team—to create value and profits for our clients.
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