Brooklyn clocked 324 investment-sales deals totaling roughly $2.2 billion in the first quarter, propelled more by a steady stream of midsize multifamily and mixed-use trades than by any single blockbuster trophy closing.
LeadingRE's network was created to allow independent brokers to refer clients across their markets with complete confidence that those clients would be taken care of by a firm that reflects the same level of service, professionalism, trust and standards.
I have not had a single person tell me that they're going to leave New York City, and I am transacting at a level that is significantly higher than before (Mamdani) was mayor, or before we knew he was going to become mayor, Elevated Team at Compass co-founder Zeve Salman told HousingWire. I have not felt a quantitative slowdown on what's going on in the market. It's been quite the opposite.
The street's ultra-luxury towers - from the first generation of supertalls west of Sixth Avenue that shaped the skyline, to mixed-use developments eastward 'driving the next phase of growth' - offer a dense concentration of cultural and lifestyle capital, paired with direct access to Central Park.
The corner of Sunset Blvd. and Alpine Drive became a traffic nightmare. Tour buses made it a stop. Tourists and locals alike milled about, gawked and took pictures. The neighbors were incensed. The "renovation" performed by Sheik Mohammed al Fassi, then 28, and his wife made them the talk of the town.