SERHANT. Takes Over Sales at 251 West 91st Street - The Westly

SERHANT., the multidimensional real estate brokerage founded by Ryan Serhant of Bravo’s Million Dollar Listing New York, today announced that it has snagged its latest Manhattan takeover of a new development condominium. The 20-story building located at 251 West 91st Street on Manhattan’s Upper West Side is relaunching with SERHANT. as “The Westly.” The project was announced live via Ryan Serhant’s Instagram and offered a behind the scenes look at the filming of a new video inside The Westly’s model residence. 

Jennifer Alese, who leads SERHANT. New Development, the firm’s dedicated division for the sales and marketing of new development projects, said the building’s rebranding alludes to the neighborhood in which it stands—The Upper West Side.   

“The Westly is more than a name—it’s a lifestyle; a manner of being,” said Alese. “The Westly stands out because we are giving residents a unique identity that they can relate to or aspire to become; a place they can truly call home.” 

To develop the brand identity of The Westly, SERHANT. New Development turned to ID Lab, the company’s in-house branding and design team. ID Lab took inspiration from the building’s timeless, light and airy residences to design all visual aspects of The Westly, including a new website and marketing collateral.  The video of The Westly’s model residence was created by the firm’s in-house film and production studio, aptly named SERHANT. Studios. 

Located in one of Manhattan’s most iconic neighborhoods, The Westly is situated between Central and Riverside Parks. The building is in close proximity to notable private schools including Dwight, Trinity, and Columbia Prep private schools and near higher education institutions Columbia and Fordham University. The neighborhood provides convenient access to transportation, plus a wealth of extracurricular activities for families, including entertainment and cultural venues and restaurants.

The project, developed by Adam America Real Estate and Northlink Capital, consists of two- to five-bedroom homes, with select homes offering private outdoor terraces. The residences range in size from approximately 1,252 to 3,524 square feet, with asking prices starting at approximately $2.625 million for a two-bedroom to $13.5 million for a five-bedroom home.

The Westly marks SERHANT. New Development’s fifteenth project. Currently, SERHANT. New Development also manages sales for Brooklyn Point, Quay Tower, and Jolie on Greenwich, among others, representing a total of $6 billion in new development inventory. 

The Westly is anticipated to be completed by spring of 2022. 

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Our Favorite Listings For The Week: A Rare, Renovated, and Posh Greenwich Village Home Can Be Yours For $3.45M

Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you should make an appointment for this week. 

Have a listing you think should be featured? Submit your open house or contact us to tell us more! And be sure to view our new Listings Calendar

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This is a rare chance to own a newly renovated, high-floor Bing & Bing home in the Greenwich Village — with protected views of Downtown Manhattan!

Located at 59 West 12th Street, Unit 10E, this property represents a rare opportunity to own in a desirable neighborhood: the “gold coast” in Greenwich. In the apartment, owners are greeted by a generous foyer with a large walk-in closet, leading to a dining gallery situated between the kitchen and living room. The living room has a wood-burning fireplace, high-quality built-ins, beamed ceilings, and huge windows with views of the Lower Manhattan skyline. The kitchen is outfitted with custom cabinets and name-brand appliances, along with black Caesarstone counters.

The unit has two bedrooms and two bathrooms — the primary bedroom offers enough room for a home office and two walls of custom closets. Plus, there’s a windowed, en-suite bathroom with a standing rain shower. The second bedroom, at the opposite end of the unit, comes with a custom-built Murphy bed, along with an abundance of storage space. Both bedrooms have new carpeting, and the unit features new wood flooring throughout.

The building is in the heart of Greenwich Village’s Historic District, and was designed by Emery Roth and built by Bing & Bing — two renowned names in New York real estate. It’s a full-service condo building, with 24-hour door staff, laundry facilities, and a playroom. It’s also in an ideal location, near some of the best shopping and dining options in the city.

This unit is listed for $3,450,000 by Michael J. Franco of Compass.

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How to Prioritize Your Health When You're Stuck at Home

Making your health a priority is essential. Without good health, everything else in life falls apart, plus the burden on how to lower your medical expenses.  It can be a challenge to stay healthy when you are stuck at home, especially if you live in an apartment and your property management team is not providing access to a gym. Almost 80% of millennials under 36 admit they feel like they could be taking more steps toward good health. What can you do when you are stuck at home to stay healthy?

Simple Steps Can Be A Game Changer For Your Health

Even if you are stuck at home, you can still get up and move around. Taking a daily break to get outdoors and get some fresh air and just take a walk can improve your health. The average walking pace is about four miles per hour. If you commit to walking 30 minutes per day at an average pace, that would mean you would cover at least two miles every day.

Speak with your property management team about creating an outdoor walking space around your apartment complex. Better yet, speak to your property management team about setting up exercise stations around your complex where people can stretch and stop to do some calisthenics. Simple solutions can have a big impact on your health.

Improving your health when you are stuck at home comes down to making some lifestyle changes that promote good health. Some of the changes are more things to avoid than things to do.

You Are What You Eat

Staying home more means being closer than ever to the refrigerator and the pantry. It can be easy to fall into a pattern of constant grazing throughout the day. Overeating can be comforting when your social interactions are limited, but gaining weight is not going to help your quest for a healthier you.

How can you avoid the trap of overeating while you are stuck at home? Only buy healthy food options to stock the fridge and pantry. If you do not have the "junk food" lying around, it means you cannot feast on it.

Eat mindfully. Before you grab that snack ask yourself "am I really hungry or bored?" Grab a bottle of water instead. Many times, thirst is confused with hunger. Another way to cut back on your snacking is to wait ten minutes before you head to the kitchen. Sometimes, just waiting to give in to the cravings will help you avoid overeating.

Besides when you are stuck at home vitamins are there for help. Vitamins are essential for your health and mind. Regardless of food intake, vitamin therapy is another way of treatment that uses megadose of vitamins to correct a deficiency or to treat a medical condition and helps you replenish the nutritional needs of your body. For example, in an anti-aging skincare routine, proper hydration is essential. This encompasses drinking water, using moisturizing creams, and considering different effective procedures. However, if the water contains vitamins necessary for the skin, it will be more effective. In order to seamlessly integrate vitamin elements into your skin care regimen, you can research the most effective anti-aging procedures, such as where to get peptide injections or which anti-aging cream suits elder skin best. Vitamin therapy can be used to boost the immune system, and improve heart health. You can take vitamin therapy no matter your location. For example, mobile IV in Las Vegas is another type of vitamin therapy that can be administered in the comfort of your own home. In-house immediate relief therapy can provide you with the vitamins and nutrients you need to feel your best.

If your complex has vending machines, ask your property manager to offer some healthy alternatives. Your property manager is in charge of the commons area and the property manager has the power to fill the vending machine with what they choose.

Have You Tried Telemedicine Services?

Being stuck at home does not mean you cannot get professional healthcare says this dental expert who offers veneers in Raleigh. A lot of medical facilities offer telemedicine appointments where you can address your health concerns with a professional provider. Sometimes, getting on the right track with your health requires a push from a professional.

Telemedicine company is available for everything from general medical care to specialty care like dermatology. About 50 million people in the United States suffer from acne (85% are teens), a telemedicine appointment can provide care for acne and other conditions.

To further enhance your health routine, consider exploring a variety of options to get supplements that can help you stay on track even when at home.

Many times when you are not feeling well, getting reassurance from a medical provider that you will be okay is enough to make you feel better about your situation. Working with a healthcare provider via telemedicine or video chat can help you come up with a plan on how to improve your health. Some services can be administered in the comfort and privacy of your home as well. Being stuck inside for long periods can lead to Vitamin D deficiency. Getting Vitamin D shots at home can help you avoid deficiency and ensure your body has the nutrients it needs to function properly.

It can be frustrating to be stuck at home and easy to put your physical health on the back burner while you work through the emotional struggles of being stuck at home. However, doing positive things for yourself that promotes good health, will take care of the emotional turmoil and, of course, improve your health. You deserve to put some effort into self-care.

Off The MRKT's Top Stories of 2021

What did you enjoy reading this year? Between weekly listings and lifestyle guides we’ve picked a few of the most popular articles of 2018? While these are the most popular stories of 2021 hopefully they give us all insights of what to look into 2022 Happy New Years’!

• Top Celebrity Magnet Buildings in NYC – Where to Move if You Want to Be Neighbors with Celebrities

• Take A Look At Christopher Plummer's Connecticut Beachfront Home

• Wineries In The Hampton's You Should Be Visiting

• How to Tell if your Caviar Has Gone Bad

• SERHANT. Celebrates Six-Month Anniversary with Substantial Growth

• How to Decorate Your Patio for Summer Living

• 1st Look Inside Upper East Side's Newly-Finished Tallest Tower

• 5 Reasons to Move to Connecticut

• How to Set a Timeline for Your First Real Estate Investment

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How to Prepare Your First Home Office for Success

Working from home has increased over the last few years. Many people are increasingly setting up home offices and acquiring furniture to work at home. The office furniture market in the U.S. is expected to reach a staggering value of $14.3 billion by 2025. There are a few tips that you can use when setting up your first home office to start your work on a high note. Read on to learn how to prepare your first home office for success.

Select a Location

Selecting a suitable location is vital for preparing your first home office for success. It can be an actual office or an empty room in your home. If you are buying property to set up a home office, buy one with many rooms. In 2020, 33% of home buyers were first-time buyers. Nevertheless, not every person has enough free space at home. If this is the case, you have to be creative in selecting the right location. It would help if you took a lot of time and consideration locating your home office location because you will be spending a lot of time there. The location should be quiet, free of distractions, and adequately ventilated.

Purchase Furniture

Never underestimate the importance of comfortable furniture when preparing your first home office for success. Ergonomic furniture is on sale at affordable prices. An ergonomic office setting with a good office chair and desk will increase comfort, prevent pain caused by straining and increase productivity. You can incorporate a standing desk in your home office to enable you to alternate between a sitting and standing position when working at home. You can also get a cushion for extra padding.

Create Storage Space

Be sure to create enough storage space for everything you need while working. If your home office is small, consider installing shelves on your walls or using tiered desk shelves. Acquire furniture with in-built storage spaces. It would be best to purchase all-on-one office appliances to save space. You can also use whiteboards for brainstorming and recording notes to cut down the use of papers. Having enough storage space in your home office will increase organization, comfort, and efficiency.

Declutter

Cluttered spaces have negative effects on productivity. Therefore, you need to declutter your home by getting rid of items you don't need. You can store the unwanted items in another room or advertise them for sale. Divide your items into groups for easy access when you need them. Use cabinets, pen holders, and files to organize your things. An attractive and organized home office without clutter will significantly boost your mood and productivity.

Create Purpose

Research shows that using your home office for non-work activities can hamper productivity in the long run. You should dedicate your home office to work alone; otherwise, your home business can fail, and getting a new job is time-consuming. Job seekers spend about 11 hours every week searching for a suitable job. To promote success, ensure your home office is dedicated to working alone. Family members, pets, and other distraction sources like television that can affect focus and productivity should be kept out of the office. Dividing your professional space from your personal space will enable you to stay professional at all times.

Decorate

You don't want a plain office that only has a desk, chair, and some storage units. Decorate your home office to increase the ambiance. You can use various decoration materials to add a final touch to your home office, including family photos, customized lighting, paintings, and other home office decor. Having a beautifully decorated home office will help you relax and contribute to your physical and mental health while working in your home office all day.

Using these tips will help you set up your first home office for success. Contact a professional if you need help to prepare your first home office.

A Look At The Top 10 Sales In New York City In 2021

The real estate market in New York City has had a year to remember. After a very turbulent 2020, which included an all-out shutdown of the market for a stretch, the real estate sector roared back to life in 2021, and during some months, was operating at or near record levels. 

And with the year almost over, real estate analytics firm UrbanDigs dug through its data to create a rundown of the top ten residential sales closings in both Manhattan and Brooklyn year-to-date (between January 1 and December 9). 

220 Central Park South, Unit 60 — sold for $82.5M on May 20, 2021

220 Central Park South, Unit 61 — sold for $75M on May 20, 2021

220 Central Park South, Unit V-11 — sold for $66M on September 15, 2021

2 East 88 Street, Unit 14PH — sold for $60M on August 24, 2021

220 Central Park South, Unit 67 — sold for $59.5M on May 24, 2021

12 East 69 Street — sold for $59M on March 4, 2021

12 East 69 Street — sold for $59M on March 4, 2021

9 East 71 Street — sold for $51M on March 8, 2021

217 West 57 Street, Unit 53 — sold for $50.021M on September 17, 2021

443 Greenwich Street, Unit PHH — sold for $49.5M on November 19, 2021

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Homes You Have To See Before The New Year

Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you have to see to believe. 

Have a listing you think should be featured? Submit your open house or contact us to tell us more!

15 Sailors WayRed Bank, NJ

An exciting new listing hitting the market in the exclusive Red Bank NJ, for $11M. The home is truly amazing and is very close to Jon Bon Jovi's estate as well.

This waterfront chateau is custom-built with the finest materials and bespoke craftsmanship, and is unmatched by even the most respected homebuilders. From its unrivaled position on the banks of the picturesque Navesink River, this lushly landscaped 3.5 acre property boasts over 300 feet of private shoreline complete with a 150 ft Brazilian hardwood dock and boat lift.

Optimally situated at the end of a prestigious cul-de-sac, the winding stone drive from the gated entry leads to a grandiose, paver stone courtyard with four-car garage and porte cochere. Inside, nearly every room basks in southern exposure and riverfront views.

The 6,000+ square feet garden level, designed as a Parisian hideaway, includes a movie theater, gym, indoor spa, sauna, a pub-style bar and wine cellar.

The estate is listed with Kristin Ehrgott and Maria Kingston.

Credit: Stefano Ukma

137 West 25th Street Apartment #Studio/2

The commercially-zoned triplex studio owned by Grammy award-winning photographer and visual designer Phil Marco is coming to market in Chelsea for $3.5M. In addition to his photography, Phil created several iconic moments in motion pictures working with Martin Scorsese on films like in “The Color of Money,” “The Aviator,” and “Casino,” to name a few. Phil has won many awards for his work, including numerous Cannes Lions, Cleo's, and a Grammy Award for his print work on the legendary “Tommy the Who” Album. Phil’s work is represented in The Museum of Modern Art, The Museum of the Moving Image and The George Eastman Museum of Photography. He and his wife are retiring to the North Fork where Phil will continue his creative work.

Located in the historic New York Public Library stacks building at 137 West 25th Street with its own entrance and a two-door loading dock from the street, the Triplex Studio has 16 foot ceilings, a mezzanine overlooking the main space, and a full basement with workshop.  Here is a more complete description of the property:

Studio #2 hosts endless usage possibilities. Located in The New York Public Library Stacks Building, which was formerly used as the West 25th street branch and is now been converted to commercial condos. Located in the popular Flower District of Chelsea and just west of the Flatiron/Nomad. This triplex ground floor loft, has an upstairs office, full basement, private entrance from the street and also includes its own two door garage entrance for loading or access of oversized items. In history Studio #2 had its own curb cut, which a professional would need to research any interest in its history.

Studio #2 most recently has been used by legendary videography Phil Marco Studio and provides an amazing opportunity for a similar business that requires privacy, high ceilings, lots of sq footage and multiple spaces. The main studio space hosts 16ft concrete beamed ceilings, traditional loft wood flooring and has the ability to be opened up even more. The office upstairs over looks 25th street and has an oversized wall of plate glass windows which span 12'x5'. An upstairs landing area offers an assistants work space and a large conference/lounge area, which is paired with an interior balcony that overlooks the main studio space.

Listed by Mike Lubin and Justin Stolarczyk of Brown Harris Stevens.

Credit: Anastassios Mentis

32 West 20th Street, 11th Floor, Loft

Welcome to a true Flatiron pre-war loft which for four decades served as an art studio for Emily Mason, the renowned American Abstract Expressionist painter and printmaker. Mason is lauded for her bold and vibrant contributions to the Abstract Expressionist and color field painting traditions. The tremendous benefits of the space, for her artistic needs, were that it is well-lighted, spacious, and airy. As the building was originally designed for light manufacturing, the reuse of the space as an artist's studio was straightforward.

Featuring high ceilings, large windows and open spaces, this iconic Flatiron loft is a perfectly preserved artist's studio poised for reinterpretation.

A keyed elevator arrives to the loft's private vestibule, which opens to the expansive full floor apartment. 12-foot ceilings, an array of large arched windows, diffused skylights, historic columns and hard wood floors are some of the features which grace this welcoming and airy floor-through unit. The approximately 4,000 square feet of space allows for a multitude of layouts depending on your lifestyle. Natural light streams into this cornice level apartment from 23 exposures facing north, east, south, and sky.

32 West 20th Street is a Neo-Renaissance style building constructed in 1908 by architect and original owner Frederick C. Zobel. This pre-war co-op is located in the Ladies' Mile Historic District, in the heart of what is now commonly called, "The Flatiron District." The building was converted to Cooperative residential ownership in 1978 from commercial usage. The originally tenants were businesses oriented to provide and often create merchandise for "Ladies' Mile," once New York's most prestigious shopping district.

A First Look Inside The Leyton's Duplex Penthouse

The first look inside The Leyton’s $16,500,000 Duplex Penthouse, has just been revealed which includes interiors by the renowned Frampton Co.

Features of the home include a voluminous double-height Great Room with 20’ ceilings, which opens onto an entertaining terrace overlooking Central Park. A private elevator leads guests to an expansive roof deck complete with outdoor kitchen and unobstructed views of the Park, the River, and the glittering skyline.

The penthouse’s soaring double-height ceilings, open chef’s kitchen, and sprawling floorplan offered Frampton Co ample room to activate the interiors through art and design. Within the open living-dining space, Frampton Co utilized rounded seating and exploratory forms to create a smooth visual and physical flow between the two, while overhead, engaged the 20’ ceilings with sculptural light fixtures. Soaring views of Central Park and beyond can be enjoyed on two private terraces.

Other standout design elements include a bespoke floor-to-ceiling wall covering, a custom suite of paint colors made exclusively for The Leyton, a focus on four choice fabrics employed strategically throughout the design concept, and a substantial art program.

Frampton Co’s vision places an emphasis on volume and warmth across all the residential interiors, working across a diversity of spaces to produce several unique layouts. A complex, architecturally involved achievement that highlights grand double-height spaces and sweeping park and city views, while also providing a refined sense of comfort and containment to high-rise living through organic materials and custom millwork. The home features 3,656 square feet of interior space and 1,756 square feet of private exterior space.

Helmed by principal Elena Frampton, the studio created a sense of ‘livable modern’ complete with characteristic elements of surprise in the details and customizations. “A true sense of home is what rooted our design,” says Elena. “We focused on refinement, layering neutral color palettes and sculptural lighting that allows the proportions to shine, while using fine finishes as charismatic moments of discovery.”

Anchored in imagination, the Frampton Co team envisioned a cast of distinguished buyers and how they would inhabit the space. The wide-plank oak flooring, open concepts, and generous proportions provide a serene canvas for everyday life and backdrop for occupants’ personalization. In the baths, Frampton Co introduce subtle, livable pattern with geometric mosaic tile in the powder room, striped stone feature wall in the secondary bath, and herringbone patterned stone feature wall in the master bath. The kitchens feature extra thick marble countertops in a classic white, with sculptural lighting overhead.

The project is being developed by Dart Interests and Real Estate Inverlad. Brown Harris Stevens Development Marketing is exclusively managing sales and marketing for the building.

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Inside The MAD About Jewelry Opening Benefit with Anna Sui, Mary McFadden Helen Drutt English, Kay Unger

Museum of Arts and Design’s (MAD) recently appointed Nanette L. Laitman Director, Tim Rodgers, opened the twenty-first edition of MAD About Jewelry on Monday, December 6, 2021, saying, "Welcome back to the Museum and thank you for welcoming me to my first MAD About Jewelry. Thank you to our MAD About Jewelry Director Bryna Pomp for championing one of the Museum’s most beloved benefits, showcasing designs of more than 40 emerging and acclaimed US-based jewelry artists."

The week-long show and sale of one-of-a-kind contemporary jewelry opened with a benefit evening honoring esteemed educator and advocate for contemporary craft Helen Drutt English. MAD Board Chair Michele Cohen lauded Drutt as the Founder and Director of her eponymous gallery in Philadelphia, which was among the first galleries to make a commitment to the modern and contemporary craft movement. She has transformed our understanding and appreciation of craft. For the past 35 years, Helen has been an integral part of MAD’s history to showcase artists advancing jewelry as an art form. "

The annual MAD About Jewelry acquisition prize was presented to artists Amy Lemaire and Michael Nashef. MAD's Deputy Director of Curatorial Affairs and William and Mildred Ladson Chief Curator Elissa Auther shared "Each year this award is presented to luminaries in the field of jewelry. The prize is in keeping with MAD's long-standing commitment of presenting jewelry as an art form. We are the only American museum with a gallery dedicated to the display of contemporary and modern studio jewelry with our own collection of more than nine hundred pieces. Pieces from Amy and Michael now join our collection."

Chairs for the evening were LaVon Kellner, Deidre Quinn, and Kay Unger. Advisory Committee members attending included MAD Board Members Michele Cohen, Marsy Mittlemann and Barbara Waldman, as well as Susan Ach and Ted Taylor. Guests included MAD Board Member Marian Burke, MAD Chairman Emeritus Barbara Tober, MAD Luminaries Co-Chairs Alexander Hankin and Christina Senia, Kathy Chazen, Chrissy Crawford, MAD Associate Curator Barbara Paris Gifford, Levi Higgs, Mary McFadden accompanied by her daughter Justine Harari, Anna Sui with her nieces Jeanni Sui Wonders and Isabelle Sui, and Shining Sung.

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What Real Estate Experts Predict About the Housing Market in 2022

In the latter half of 2021, the housing market exploded. The average American home cost $287,148, a 13.2% increase from May of 2020. Home sales rose to 6.8 million.

Experts agree that changes are coming on the cusp of the new year. But is the housing boom about to bust? Unlikely. If anything, the market may cool by a few degrees, but it's in no danger of crashing or experiencing other instability. Here are eight housing market trends experts anticipate for 2022.

1. Buyer Demand Will Persist

Buyers are still in the market for properties – experts believe this trend will continue throughout 2022. However, buyer demand isn't increasing at the same frantic rate across the entire country. The south and west coast lead the nation in high buyer demand.

Properties continue to sell in approximately 18 days, and most homes sell with an average of three offers. You can expect this trend of homes moving quickly to extend into 2022.

2. Housing Inventory Will Remain Low

According to the national inventory of active housing listings, 2021 witnessed a decline of 22.2% in total inventory. Compared to last year, the catalog of newly listed homes also decreased by 3.9%.

Experts anticipate 2022 will essentially look the same as the previous year. So home buyers will have to work harder to find the perfect home, while sellers should note this is another good year to put their property on the market.

3. Housing Prices May Fall

In 2022, it’s likely the growth of home prices will slow somewhat. Experts at Freddie Mac believe the prices will grow at a rate of 5.3%, which is lower than the 12.1% increase last year. Zillow takes a moderate stance of projecting an 11.7% rise in housing market prices. However, analysts at Goldman Sachs estimate home prices will expand by 16% in 2022.

4. Foreclosures Will Likely Stay the Same

Beginning in September 2021, the government lifted its temporary ban on foreclosures, and the country saw a rapid increase in evictions due to missed mortgage payments. Foreclosure filings increased by 24%, compared to before the foreclosure ban, and were up by 102% from September 2020.

Because of the end of the foreclosure ban, experts largely expected this jump in numbers. It's also important to note that our nation's foreclosure rates are still historically lower than average. Due to these factors, the rate of foreclosures will likely plateau and remain consistent in 2022.

5. Mortgage Rates Will Increase

Up to this point, homebuyers have enjoyed low mortgage rates. In 2022, experts expect rates to be above 3% for a 30-year mortgage. The National Association of Realtors estimates 3.5%, while Freddie Mac and Kiplinger predict 3.7% and 3.8%, respectively.

Interest rates will continue to rise because of several factors. Earlier this year, the Federal Reserve increased its inflation estimates, signaling inflation will be here to stay. If the Fed raises its interest rates, banks will follow suit, and borrowers' mortgage rates will increase.

6. The Housing Market Will Stay Steady

It's improbable the housing market will crash in 2022. Experts believe the current market is healthier than the 2008-2010 housing bubble. Various factors separate the current market from those of the past. Subprime mortgages, a major contributing factor to the 2008-2010 housing bubble, now have much stricter regulations than previously. 

Additionally, the supply of homes for sale is still low, so the overall price of homes is in no danger of dropping dramatically. As long as new homebuyers continue to enter the market and the supply of homes stays consistent, the market should remain healthy.

7. How Do These Trends Impact Homebuyers?

For interested homebuyers, expect much competition when finding your dream home in 2022. Homebuyers will also need to anticipate low property supply resulting in bidding wars.

However, there’s some good news: interest rates are historically low for 15-year, fixed-rate mortgages, at 2.15 to 2.39%. Locking into a fixed-rate mortgage with a lower-than-average interest rate is ideal for any property buyer because it means cheaper monthly payments and less money going towards interest throughout the loan.

Combine low-interest mortgage rates with decreasing home prices, and the new year could be the perfect time to buy a home. However, making a purchase that important all depends on how one manages one's finances. Having no debt, setting aside an emergency fund, preparing a 10-20% down payment, and saving for closing costs will ensure one can afford a home in 2022.

8. How Do These Trends Impact Home Sellers?

There's no doubt the real estate market of 2022 still favors the home seller. There will likely be more property buyers than sellers with low home inventory. However, with the recent end of the foreclosure ban, more properties could flood the local market. Working with an experienced agent to sell a property should help set a competitive house price, navigate offers, and manage any issues.

Anticipating the Real Estate Market in 2022

The housing market in 2022 will look similar to that of 2021 – expect buyer demand to remain strong, housing inventory to stay low, and foreclosure rates to likely stay the same. Be on the lookout for housing prices to fall and mortgage rates to slowly increase. Despite the changes, the housing market should remain steady.

Author

Evelyn Long is the editor-in-chief of Renovated. Her real estate work has been published by the National Association of REALTORS®, Rental Housing Journal, and other online publications.

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The Best Rooftop Bars and Holiday Stops To See This Holiday

Last year it was all about the best outdoor restaurants to celebrate the holidays. This year we are inside and up above New York, able to see all the glitz and glamour the city has to offer. We’ve rounded up some of our favorite rooftop bars in New York City, where you’ll be hard to miss us.

PHD Terrace at Dream Midtown returns for the unveiling of their yearly holiday installation, Midwinter Nights’ Dream. Just in time for the holiday season, the popular all-season midtown rooftop will be transformed into a whimsical dreamland of lush greenery, rich emerald & gold tones, 10,000 twinkling lights illuminating the space, florals galore, fuzzy throw blankets, and an ascending series of tiered red, purple & gold florals throughout the space.

Of course, this installation wouldn’t be complete without New York’s most famous flower tunnel - the winterized edition will take the highly photogenic moment to the next level. Seasonal food and beverage offerings will also be available including light bites, a brand-new themed dessert, plus new winter cocktails. This magical Midwinter Nights’ Dream garden at PHD Terrace was created to cure a bad case of the winter blues and will be activated from now until April 2022.

The Skylark, Midtown West’s elevated bar and lounge with New York City’s most breathtaking 30th-floor views, today announces its long-awaited reopening in Manhattan’s Garment District. The brainchild of hospitality veteran David Rabin and premier catering and hospitality group Abigail Kirsch, The Skylark is an all-season, multi-level destination for sophisticated cocktails during the week and private events on weekends. 

The Skylark features “Dinner by the Bite” dining, a mix of private nooks and communal seating areas designed by Meyer Davis Studio and a stunning, open-air rooftop terrace with breathtaking city views. In the cooler months, guests enjoy floor-to-ceiling vistas from its lounge, including the Hudson River, Hudson Yards, Times Square and the Empire State Building. The Skylark is also a coveted event space for weddings, birthdays and corporate events.

The cocktail program is the creation of Master Mixologist Johnny Swet, The Skylark’s long-time cocktail consultant and a 24-year veteran of New York City’s hospitality scene. His seasonal cocktails riff on the classics with market fresh autumnal ingredients and include the Pumpkin Spiced Mule, Warm Rum Apple Cider, Maple Walnut Old Fashioned, Coconut & Cinnamon Caipirinha and others. The crowd-pleasing drinks are complemented by Abigail Kirsch’s innovative “Dinner by the Bite” culinary program of shareable and delectable plates.

New Yorkers, visitors and champagne-lovers (21+) alike can bring one of Moët & Chandon’s many offerings to the brand’s gifting chalet, located at The Lodge at Brookfield Place and receive a personalized, limited-edition giftbox with a name of your choice! If you don’t have your bottle in hand, feel free to show proof of purchase to get your giftbox and additional festive surprises and delights.

JIMMY

JIMMY atop ModernHaus SoHo’s 18th floor, best known for its legendary pool deck, now beckons guests with its roaring fireplace in its warm and intimate indoor lounge with jaw-dropping views of Lower Manhattan and Midtown.On New Year’s Eve

§  Gala Masquerade Celebration

o    Premium Open Bar and Passed Canapés, 9pm-1am

o    Champagne Toast at Midnight

o    Cash Bar, 1am-2am

o    Tickets (Single Admission, $250 and Tables, $600-$4,500) are available on EventBrite

Manhattan’s ‘it’ rooftop bar and lounge -- known for their much-anticipated holiday installs season after season -- is celebrating sky-high eating and drinking this season with a new apres-ski holiday pop-up on November 19th -- bigger and better than years prior. ‘The Pink Winter Lodge’ will be a pink twist on the posh winter slopes and ski towns around the globe.

Tao Group Hospitality collaborated with Design House Décor for this year’s theme, which will transform the all-season rooftop into a pink oasis featuring floor-to-ceiling pink log walls, a frosted flower arch glowing with custom pink faux antler chandeliers, and endless new photo moments through April 2022. The iconic carousel will sport 25,000 sparkling crystals, frosted pink flowers, and custom ski lifts to transport you straight to the snow-capped mountains. Plus, the East Terrace will feature a pink gondola photo moment surrounded by pink pine trees, pink suitcases, a sled covered in crystals, white ice skates, and diamond-encrusted skis.

Winter in New York City may be frosty and frigid, but there's nothing warmer than gathering with friends and family for some hot or chilled cocktails specially curated by Beverage Director Nikki McCutcheon

Moxy Times Square Pink Holiday Pop-Up

Moxy Times Square is debuting a new hot pink look for the holidays; head to the hotel’s atrium on the 2nd floor where you will be transported to a pink winter wonderland. The all-pink décor, including pink Christmas Trees and Menorahs, will be complimented by a life-size version of Santa’s sleigh that is perfect for gram-worthy holiday pics. Swing by December 9 – 12th (Thursday 6-9PM / Friday – Sunday 4-7PM) for the Pink Holiday Pop-Up with haircuts from Blind Barber, healthy skin checks and product trials by Kiehl’s, portrait drawings by Ian Sklarsky, free Oysters on Sunday, live music, and more. And, head to Bar Moxy for their spiked signature “Apres Ski” Pink Hot Chocolate ($18), complete with Vodka, Baileys Red Velvet, and Soy Milk. For more information and to book your stay, visit: https://moxytimessquare.com/

BOMBAY SAPPHIRE is proud to unveil its inaugural  holiday window display, celebrating the new artistic guard and New York City’s creative comeback.  Though the BOMBAY SAPPHIRE holiday windows are inspired by the traditional 5th Avenue holiday window displays, these have a deeper purpose: to revitalize downtown Manhattan which was stripped of many anchor businesses and to provide a platform for emerging creatives. This avant-garde Holiday Storefront Series will take place in SoHo through December 19th, in collaboration with visual artist Shavanté Royster, the disruptive fashion designer Romeo Hunte, and New York City dancer Nicole Von Arx.

Over the past year and a half, the pandemic has decimated the livelihood of creatives, small businesses, and retail in New York and beyond. To uplift the artistic community and bring a diverse, vibrant energy to the traditional holiday displays, BOMBAY SAPPHIRE, who has a longstanding history in championing equal representation in the arts and inspiring creativity, has commissioned these visionaries from diverse fields to transform otherwise empty storefronts into veritable ‘windows of art’.

The backdrop of each window features a winter dreamscape by artist Shavanté Royster, which also graces the label of the BOMBAY SAPPHIRE new Limited-Edition Gift Pack HERE. This Holiday Storefront Series will light up SoHo during December to mimic the holiday magic of 5th Avenue through the eyes of Shavanté and Romeo, featuring live models clad in Romeo’s winter apparel against Shavanté’s contemporary picturesque snowy backdrop, along with performances by New York City dancers and local bar-hopping experiences. Romeo Hunte’s dedicated window will feature people clad in two bespoke designs that he created exclusively for the space, depicting them getting ready for a holiday show over cocktails. Featuring Romeo’s playful sensibility, the garments were inspired by Shavanté’s depiction with the color of the jumpsuit playing off the yellow snowboards, sun and hot air balloons and the billows of the garment responding to the ski slopes. His New York edge is showcased in the jacket and pants look, mashing up tailored, preppy and street styles that tie into Shavanté’s BOMBAY SAPPHIRE-inspired blue colorscape. The locations of the windows are as follows:

Cantina Rooftop is one you won’t want your readers to miss! The Hell’s Kitchen Modern Mexican dining experience helmed by Executive Chef Saul Montiel features a climate-controlled retractable glass rooftop and a beyond gorgeous skyline view perfect for those snowy nights to come.

Description automatically generated with medium confidenceGuests can enjoy fan favorites like their Guacamole, Nachos with melted Chihuahua Cheese, Black Beans, Pico de Gallo, Pickled Onion, Queso Fresco, Pickled Jalapenos, Avocado and Morita sauce, and Enchiladas Con Pollo with Chicken Breast, Corn Tortillas Dressed with Tomato Sauce, Refried Beans, Avocado, Crema, Queso Fresco & Red Onion.

These pair beautifully with signature cocktails such as the Coco Loco Mojito with Tanduay Gold Asian Ru, Coco López Cream, Pineapple Juice, Lime juice, Simple Syrup, and Mint Leaves or their El Jefe with Don Julio Añejo, Grand Marnier, Lime Juice, Simple Syrup, and a splash Orange Juice.

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Last Minute Presents For Even The Pickiest of People

Most people you’re able to get the best present for, but this year with shipping delays and last-minute deals it can be hard to make sure you have the right present in time. Especially for the pickiest of people, between the cousin who has everything or the Aunt who wants nothing here are last-minute presents you can get just about everyone.

Perfectly timed for seasonal celebrations and holiday gifting, exceptional sparkling winery Chandon and specialty food curator Food52 have partnered to launch ‘A Taste of the Bay’ - a limited-edition gourmet kit that celebrates a classic yet refined California-inspired combo: briny bay-grown oysters and bubbly Chandon By The Bay Reserve Blanc de Blancs.

This thoughtfully curated ‘A Taste of the Bay’ sparkling wine and oyster kit comes complete with Food52’s favorite California accoutrements and go-to oyster toppers, festive oyster recipe ideas, and a bottle of Chandon’s finest By The Bay Reserve Blanc de Blancs for popping and pairing. Add your own personal twist or dash of heat to any fresh oysters you enjoy, or complete the culinary experience with a special gift from Chandon – 50% off freshly bay-farmed oysters from Real Oyster Cult delivered directly to your doorstep along with glove and shucking knife. Ideal for gifting, the kit is also perfect for holiday entertaining, happy hours and festive nights in.

The Chandon + Food52 ‘A Taste of the Bay’ kit will be available for purchase HERE from November 12, 2021 to January 7, 2022, for $75.00 USD.

Pointy Snout, the stylish caviar house known for its outstanding caliber and commitment to sustainability through responsible sturgeon farming, celebrates its 10-year anniversary with a chic new digital identity and the Edition Decennial Gift Set.

When Pointy Snout launched a decade ago, founders Alexandra Du Cane and Michael Kline were forward-thinking outliers for making sustainability a core tenet of their business, and in the ten years since, the industry has begun to follow suit.

Now, with their striking new online platform, conceived of by creative studio Monogram Paris — sought after fashion Creative Director Ashley Helvey (The Line, Gabriela Hearst, KHAITE) and acclaimed art book publisher and Art Director Jurgen Maelfeyt (Art Paper Editions) — Pointy Snout once again differentiates itself, this time with a timeless, utterly sophisticated yet playful aesthetic, unseen, heretofore, in the caviar sector. With tactile and textured images by top tier photographers such as Gentl + Hyers that invoke art photographers such as Jan Groover, Edward Weston and Irving Penn, Pointy Snout’s appearance now perfectly mirrors its principle: that enjoying the finest caviar should be a pleasure — an embrace from a treasured friend, a caress — without the pomp, intimidation and outdated constructs prevalent in this luxury category.

Make It Personal with Dewar’s

These dark spirits are giving people the option to add a thoughtful addition to their bottle through their Personalization Emporium. Customization is available to Dewar’s 12 year, Dewar’s 15 and the 1.75L bottle of Dewar’s 12. Labels can be received through the mail just in time for the holidays when ordered.

SRP: Labels free, simply purchase bottle of choice

Mount Gay Rum x Sea Bags Ocean Currents Tote

This ready to go anywhere bag is perfect for the adventure seeker or beach goer. Whether you are travelling for a long weekend, heading on a family outing or off on an adventure in the mountains or beach, this bag can carry all you need.

Price: $230

Hawthorne Revitalizing Bergamot Set

Refreshingly effervescent, our citrus-scented formulas are both nuanced and incredibly energizing. Dive head first into these subtly intoxicating formulas scented with premium citrus ingredients.

• HAND WASH (10 FL. OZ. - 300 ML)

• BODY WASH (8 FL. OZ. - 235 ML)

• FACE CLEANSER (4 FL. OZ. - 118 ML)

Bubbys Holiday Bundle

Save with our Holiday Bundle!  Includes Bubby's Pancake mix and a Bubby's T-shirt

Masktini’s Metal Head Mask

Do you want to glitter like gold this Holiday Season? Shine on with Masktini’s Metal Head. This metallic face mask contains mineral micro-pigments that leave behind just the slightest hint of glint—even after you’ve washed that pretty face. While you are sparking on the surface level, Metal Head is helping to reduce redness and inflammation from the harsh winter weather.

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Our Favorite Listings For The Week: A Look Inside Bethenny Frankel's Luxe SoHo Loft

Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you should make an appointment for this week. 

Have a listing you think should be featured? Submit your open house or contact us to tell us more! And be sure to view our new Listings Calendar

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Last week Real Housewives of New York star Bethenny Frankel listed her SoHo loft 476 Broadway, 4F with Noble Black, David Son and Erik Ternon for $6,995,000.

Reimagined full floor designer loft is now available at 476 Broadway in SoHo! Loft 4 is a stunning 4,000 square foot home with no details overlooked. Upon exiting from the key-locked elevator is a gracious entry foyer that leads to the open kitchen and the massive great room.

The sleek kitchen features a suite of integrated stainless steel appliances with lacquer finished cabinetry anchored by a central island with book matched waterfall marble countertop that comfortably seats four. Adjacent to the kitchen and open dining area is the formal living area equipped with a custom marble and stone clad bar – perfect for entertaining. The great room is further elevated with its 11-foot ceilings and oversized windows that truly defines a SoHo loft.

Beyond the main living space is the media room with a concealed wet bar that provides the ultimate level of comfort through the soothing tonal colors from the stained oak millwork to the cream marble accent wall with a decorative fireplace. A home office with an en-suite bathroom and the laundry room complete the area.

The primary suite is truly sublime with a multitude of custom elements found throughout. The generously proportioned bedroom features a built-in headboard with ample room for an additional sitting area. Take reprieve in the meticulously designed primary bath with double vanities, medicine cabinets that stretch wall-to-wall, a separate shower and an oversized free-standing soaking tub. Additional touches include a customized walk-in closet and a beauty room. The well-proportioned secondary bedroom comes equipped with a customized wardrobe and additional city quiet windows. Currently configured as a two-bedroom home, the loft can easily accommodate four bedrooms.

The residence has been thoughtfully redesigned with modern upgrades such as integrated sound system, central AC, custom lighting and motorized shades. The refinished floors, exposed pipes and original columns maintain the SoHo loft aesthetic.

476 Broadway is a boutique condominium located centrally in SoHo. The building features a newly installed video intercom system, full-time super and a beautiful common rooftop terrace. Neighborhood amenities include close proximity to shopping, eateries and transportation.

Decorated for any RHONY fan, to appreciate the I Know It All decor.

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How to Make Your NYC Storefront Stand Out

Many people are keen on making a living by running a business, especially in a place like NYC. With about 2.46 million business applications in 2020 according to the US Business Formation Statistics (BFS), it's clear to see just how much competition is out there. Read on to see five ways in which you can make your storefront stand out if you have one in NYC.

Focus on Signage

If you have a storefront in NYC, one thing that can make a big difference in the way people perceive your business is your signage. This is backed by the fact that 35% of people surveyed said that they would not have discovered a business if it had not been for the business' sign. Spare the money to have a professional design your signage so that it's high quality and it will have an amazing return on interest. When your sign stands out, it will help your brand stand out more, and an easily recognizable sign will mean good business for you.

Provide Comprehensive Directions

To make sure that people browsing online can find your business easily, provide comprehensive and easy-to-follow directions wherever your site appears online. Doing this will make it easy for people to physically find your business and you will record many more walk-ins than usual. This will be helpful because some people would prefer to physically walk into your store to get what they need rather than have it delivered to them, so make sure you're catering to them by providing directions that anyone can follow more easily. Don't forget to include your branding both online and on your storefront.

Keep Up With Repairs

Another helpful tip for your NYC storefront has to do with the physical state of the building you are in. Find a trustworthy contractor in real estate who will be able to provide you with the services you need to keep your store in great shape. Things like your roof, which should be inspected annually or semi-annually in normal circumstances, will need to be repaired immediately when they start to wear. The paint on your store as well as the fixtures and other aspects of real estate should be in good condition if people are to take your business seriously. When your storefront looks and feels credible, it will be easier for you to build a loyal base of returning customers.

Make Your Business Compliant

When running a business, it's important to make sure that you're operating on the right side of the law. This means seeking the necessary permits and always complying with the law in NYC. People are far more likely to want to associate with a business that does not have run-ins with the law, as they know that there's minimal chance of being harmed or taken advantage of themselves when they work with a business that follows the local rules.

Clean Up the Sidewalk

Finally, another aesthetic-based tip for your NYC storefront is cleaning up the sidewalk in front of and around your business. Since litter can build up in the city over time, you should aim to make your business appealing by cleaning up the area in front of your storefront. You can even spare a day and volunteer your time cleaning up a few blocks around your business, and you will end up making a name for yourself. Find out if your employees are up to the task. If your business is among the 98% of the 220,000 businesses located in NYC that are small as found by a survey, you will need to plan for having some of your staff outside work for this endeavor.

The five tips above will help you improve your business a lot, whether it's in the real estate industry or any other industry. They're easy enough to follow if you set your mind on it, so put your best foot forward and set your storefront up for success.