After All, It's The Greatest City In The World...

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Dear family, friends & clients,

It's been over a year and a half after the pandemic first began and while the outlook for New York City looked bleak for quite some time, the market recovered just as quickly as it nose-dived. We are the greatest city in the world after all! If this isn't a testament to the desirability and resilience of our great island then I'm not sure what is.

As the world continues to recover, our amazing team continues to succeed. Thanks to our passion, commitment, and always amazing clients, we were the top sales team in the Corcoran Chelsea office for June! We've also surpassed $100 million in sales and in-contract listings during the first half of the year. The Saez/Fromm Team is extremely proud and humbled. With more people returning to the workforce this fall, real estate shows no signs of slowing down. This is a moment in time where a lot of the sales activity is upgrading and new development is being replenished. Inventory will stay relatively high for the next few years and there will be a flattening of pricing in the next few quarters. As said by Michael Sorrentino, Corcoran's Regional Senior VP, "welcome to the equilibrium market where inventory is keeping up with buyer demand."

The city is truly vibrant and alive. I'm incredibly excited for the Cipriani family to put their stamp on New York City architecture and heritage with their newest venture, Casa Cipriani. I was fortunate enough to have the opportunity to tour NYC's newest member's club and was truly blown away. While on the topic of food and hospitality, Eleven Madison Park has announced they they have moved to an entirely vegan menu to focus on the unsustainability of our current food system. One of the most meaningful events in the Hamptons was celebrating my dear friend and wellness guru, Tracy Anderson, at the beautiful Si Si Restaurant. And to round out the month of July, the 2020 Tokyo Olympics are officially starting on July 23rd after being postponed last year. Being such worldly sports fans, we can't wait to watch with our friends and family.

With the temperatures rising, take advantage of the stunning, exclusive properties with the enviable and covetable amenity of private outdoor space. The Tribeca Select Terrace Collection at 30 Warren is your own oasis in Tribeca. We also have you covered with great spaces from a Greenwich Village townhouse to a Turtle Bay triplex co-op.

"Thank you always for your diligence, efforts and getting things done. You and your team have always delivered despite what we challenge and always go above and beyond. You have our trust always." - Seller of 101 Warren

Thank you all for a great first half of 2021. In wonderful testimony from one of our excellent clients, To benefit from our expertise and leverage the market in your favor, whether it's buying or selling, contact us today.

Warm Regards,
Claudia and Mark

Grazia Honors Tracy Anderson
Celebrating with the TAmily

Casa Cipriani
This Decadent Private Club Awaits

EMP's Updated Dining Experience
Exquisite, all Vegan Menu

Tokyo 2020 Olympic Games
Everything You Need to Know

30 Warren Tribeca Select

FEATURING OUR COVETED
TERRACE COLLECTION:
Penthouse 3
Penthouse 2
Residence 9A
8A Duplex

Designed by a trio of architects, 30 Warren houses 23 design-forward residences with a clean and refreshing Tribeca aesthetic and distinctly modern layouts. Many homes feature private outdoor space.

PENTHOUSE 3
$7,360,000

Penthouse 3 Part of the coveted Terrace Collection at 30 Warren, Penthouse 3 is a full-floor home spanning 2,652 square feet and private 709 square feet of outdoor space overlooking historic TriBeCa landmarks and New York City. This one-of-a-kind home features keyed, direct elevator entry.

PENTHOUSE 2
$6,495,000

This one-of-a-kind home features keyed, direct elevator entry. The spacious entrance gallery leads to an expansive living and dining space with open west and north exposures. The dining area opens directly onto the private outdoor space for seamless indoor/outdoor living.

RESIDENCE 9A
$5,650,000

The expansive 3 bedroom, 3 bath home with 2,349 interior square feet and a west facing, 86 square foot balcony perfect for taking in the Tribeca views. Direct elevator entry, open exposures as well as 10 foot ceilings in all the main living spaces.

RESIDENCE 8A
$5,100,000

Welcome to 30 Warren’s one of a kind duplex, Residence 8A. Part of the coveted Terrace Collection, this two-story condo offers a distinctive 2,028 square foot 2 Bedroom/2 Bath interior with a breathtaking 413 square foot terrace, to soak in the striking urban architecture TriBeCa has to offer.

3 5 1 E A S T 5 0TH S T R E E T, P H
T U R T L E B A Y

Enjoy the finest townhouse-like living in a stunning 4 bedroom, 2.5 bath triplex penthouse co-op apartment with a fabulous private roof deck. Set on a tree-lined street in desirable Turtle Bay, the home boasts meticulously-designed interiors spanning the top 3 floors of the 6-story boutique building.

Offered at $10,500,000
Quintessential Village charm meets modern refinement in this gorgeous, freshly updated reimagined gem. 4 bedrooms over 4,250 sq. ft. complete with multiple private outdoor spaces and a south-facing garden.
Showings by appointment. Click here for a virtual tour.

6 9 W E S T 9TH S T. A P T. 6A
G R E E N W I C H V I L L A G E

Studio apartment with 24-hour doorman located in prime West Village. Only moments from Washington Square Park, Union Square, dining and nightlife. Last offered at $425,000

3 1 6 E A S T 2 2ND S T R E E T, P H 6
G R A M E R C Y P A R K

A magnificent 40' wide, 5 bedroom, 4.5 bath duplex in NYC’s premier neighborhood, Gramercy Park. Occupying 2 floors of a stunning boutique condominium complete with 3 terraces perfect for dining and entertaining. Last offered at $7,500,000

1 3 0 W E S T 1 6TH S T. A P T. 1
C H E L S E A

A true gem that brings together a highly coveted location, historic charm, and rare affordability. This home lends a sense of privacy and spaciousness, while thoughtfully designed custom built-ins help maximize storage and livability. Last offered at $749,000

1 3 0 W E S T 1 6TH S T. A P T. 2
C H E L S E A

This pin-drop quiet unit features a graceful entrance, 9'8" ceilings, and a fully separated windowed kitchen. Apartment 2 can be combined with apartment 1 to create an exceptional 3 bed/2 bath home. Last offered at $749,000

5 8 E A S T 9 2 ND S T R E E T
C A R N E G I E H I L L

58 East 92nd street is a stunning historic townhouse with 4 beds and 5.5 baths on one of the most coveted blocks in Carnegie Hill. The five story house encompasses 4,796 sq. ft. only one block from Central Park. Last offered at $11,995,000

1 3 0 W I L L I A M S T. A P T. 2 9 B
F U L T O N / S E A P O R T

130 William is designed by the award-winning visionary architect Sir David Adjaye. Residence 29B encompasses 2 beds and 2.5 baths with oversized arched windows framing both river and skyline views. Last offered at $3,215,990

2 2 N. 6 T H S T R E E T, P H 3E
W I L L I A M S B U R G

PH3E at the Edge boasts million-dollar views from every room. Featuring 3 beds and 3 baths, enjoy the stunning cityscape from the double height livng room or either of the 2 private outdoor spaces. Last offered at $3,999,000

6 6 L E O N A R D S T. A P T. 9 A
T R I B E C A

Modern luxury meets prewar charm in this gorgeous, updated 3 bedroom loft at the handsome Textile Building located in prime, historic Tribeca. Last offered at $4,375,000

1 0 1 W A R R E N S T. A P T. 7 9 0
T R I B E C A

Live in an oversized, loft-like 1 bedroom, 1.5 bath home featuring airy south-facing views. Expert proportions abound with 10 foot floor-to-ceiling windows and more than 970 square feet of living space. Last offered at $1,895,000

2 2 9 E A S T 6 2 N D S T R E E T
L E N O X H I L L

Ideally located on 62nd Street between 2nd and 3rd Avenues, this townhome is meticulously maintained and sure to impress all who enter.

1 3 0 E A S T 3 8TH S T R E E T
M U R R A Y H I L L

Gut renovated townhouse arriving
summer 2021

1 3 5 W E S T 7 0TH S T, PHBC
U P P E R W E S T S I D E

A stunning, gut-renovated duplex penthouse with exceptional outdoor space. Close to Central Park, this home is a true sanctuary in the city.

Escape the Hamptons and the burbs with these rentals

6 4 B A N K S T. A P T. 4
W E S T V I L L A G E

Located in the pristine West Village Historic district between West 4th and Bleecker Streets, 64 Bank is a 23 foot wide, multi-family, beautifully restored prewar brownstone on one of the most magnificent tree-lined blocks in the Village.

P A R L O R F L O O R
G R E E N W I C H V I L L A G E

Parlor floor apartment featuring two bedrooms, two bathrooms, with washer/dryer in-unit located in the heart of Greenwich Village.

4 4 3 G R E E N W I C H S T A P T. 5 G
T R I B E C A

LEASE OUT Live in the most sought-after building downtown. Graciously proportioned with 3,022 square feet and 3 bedrooms, 3.5 baths designed with the utmost detail. Enjoy an outstanding portfolio of amenities, including a 24-hour doorman, 24-hour concierge, valet and live-in resident manager.

Seasonality is in play but not as typical as in years past. Signed contracts for both condos and co-ops only saw a slight decline versus May that is typical of seasonality. We can officially say that more contracts were signed in the first six months of this year, 12% more to be exact, than in the entire year of 2020. Days on market dropped for the entire market as a whole, especially for the $5+ market. Rentals are fiercely competitive with many apartments receiving multiple offers and going in to contract within only a few days of being listed. This inventory is absorbing at about 5% per week leaving many Manhattanites scrambling to find a place they love.

Some interesting market stats to note:

We are on pace to surpass a record breaking 16,000 signed contracts this year
Inventory will stay relatively high for the next few years and price will flatten in the next few quarters
Manhattan is in a market of equilibrium where inventory is keeping up with demand
- Buyers are still leveraging the market
Above $5M sales market in June was record breaking
Treat this like a normal market when bidding as pricing is where it should be
- Negotiability is within 2-3% of the asking price
- Above $5M, negotiability is slightly higher

For a complementary Q2 market report, contact The Saez/Fromm Team today

Residences Features
200 linear feet of bayside frontage
Direct bay or city views from every residence
Floor-to-ceiling glazing offering panoramic views throughout the residences
Custom-designed European cabinetry
Top-of-the-line appliances
Residences fully finished with marble flooring throughout
Closings will commence towards year end 2021

Contact Claudia Saez-Fromm regarding availability of this
fabulous and stunning new development.

Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran 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.

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