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Living New York | Vol 79

February 2024

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Hello Ayanna,


As we enter the second month of 2024, the NYC real estate landscape has been marked by limited inventory, interest rates maintaining a stable to slightly higher stance compared to December 2023, ongoing global uncertainties, and the commencement of the presidential election cycle. The beginning of this new year is accompanied by questions and uncertainties surrounding rates, macroeconomic factors, and various other aspects.


Renovated properties continue to command a significant premium compared to previous years, with prime locations remaining highly sought after. While there is a noticeable increase in sellers seemingly ready to make a move this year, a considerable number still hesitate due to existing rates and the overall uncertainty that lies ahead. My optimism is cautious but leans towards the possibility of lower rates in the near future, which could potentially draw more sellers and buyers into the market.


Above all, I trust this message finds you in good health and warmth, enjoying the beginning of the year with the anticipation of an exceptional journey ahead.


~Ayanna


“I love New York because within its borders you can travel the world.”

Dennis Gonzalez


Ayanna Barton
Licensed Real Estate Agent
646-408-6817
ayanna@iveynorth.com

Inside the Market

Manhattan Overview

Brooklyn Overview

Real Estate News

Mortgage Rates Have Dropped Quickly: How Low Will They Go In 2024?

Homebuyers received an unexpected gift around the holidays as mortgage rates dropped rapidly late last year...the question on the minds of many aspiring homebuyers is just how low mortgage rates will drop this year.


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The 10 best Real Estate Markets for 2024

A stubborn lack of inventory and high mortgage rates kept many prospective homebuyers at bay for most of 2023. But as we head into the new year, which markets are poised to see the strongest combined increase in home sales and listing prices?


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News

16 Steps to Boost Your Home's Value

Planning to sell your home soon? Not so fast, friend. Set yourself up for financial success by making a few strategic updates before putting up that “for sale” sign. Keyword: strategic. Not all updates lead to a return on your investment (ROI) and it’s crucial to take a comprehensive look at surrounding comps and consider potential buyers before making pricey updates to your home.


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How to Make the Most of a Home Inspection 

If you’re trying to buy a home, the inspection should examine major systems in the home. The key is to take an active role in the process.


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Events

10 Ways to Celebrate Black History

Black history has been threaded into New York City history since before New York City even existed. When the Dutch established New Netherland (of which New Amsterdam was the capital) in the 1620s, they almost immediately began bringing enslaved people on ships from West Africa to build their new colony. In the centuries since, New Yorkers of African and Caribbean ancestry have always been key to making this city the vibrant, brilliant, world-class epicenter of talent, vision, and innovation that we know and love. This February, here are some ways to pay tribute to the strength, resilience, and spirit of New York’s Black communities over the years and honor Black History Month in New York City.


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10 Best Immersive Experiences In NYC To Step Into Right Now

We love New York City, but sometimes it’s okay to want to step into another world! Immersive experiences have been popping up around the city for years now, and it’s because they’re so interactive and engaging! The beauty of these experiences though is the variation in how you’re actually “immersed.” From visual/audio presentations taking up massive walls, to theatrical performances, to even one-of-a-kind dining experiences, there are so many ways to dive head-first into a mind-blowing escape from reality.


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Lifestyle News

What to watch on TV this winter when you don’t want to leave your couch

The winter doldrums are upon us — and they may be exacerbated by the inability to find something (anything!) new and interesting to watch on TV.



So whether you’re feeling stuck in a search algorithm that feeds you the same suggestions over and over, or you’re looking for a shot of nostalgia, Kathryn VanArendonk has some suggestions.


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What is winter without snow? Our children are finding out.

This past December saw snow at a record low across the country. Last month, a new study confirmed that climate change has altered snow patterns across the Northern Hemisphere, bringing certain parts of the United States closer to a “snow loss cliff,” at which point snow loss will only accelerate.


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Escape to the Catskills

Oak & Violet is a collection of stylish, serene homes throughout the Hudson Valley. Designed with attention to every detail, our properties fuse the comfort of home with the joy and wonder of being on vacation. The Hilltop Cabin is a secluded cabin in the woods featuring a salt-water heated pool, sauna, large 2000sf deck overlooking the forest, full-size tennis court, 15.5 acres for hiking, fishing, and exploring. Woodstock Mediterranean Retreat is located only 4 minutes from the Village of Woodstock. The house features a heated salt-water in-ground pool, hot tub, 2000sf outdoor deck with BBQ grill, fire pit, basketball court, and a large tranquil garden with privacy, two wood-burning fireplaces, and central air.


For bookings and more information

Home Decor Tips

Whimsical Design Ideas to Lighten the Winter Doldrums

Whether you’ve been staying indoors and staring at the walls of your living room a lot more lately thanks to the winter chill or you’re simply tired of the same design, consider a playful refresh to shake things up. 


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A Look Inside A Couple's Post Office Home Conversion

Buying three floors of a 1910 post office and sorting depot in need of redevelopment was not what Karone Pack-Lum and Jon Agrippa had in mind when they decided to leave London and move to the Kent coast. They originally had their sights set on a big old brick house, but the sale fell through. When they heard about this property through word of mouth—it wasn’t even listed—they immediately recognized an exciting opportunity: good bones, a unique building, a great location, and a creative challenge. 


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Sale Exclusive

Coming Soon: 266 W121st Street


Unlock the charm of Harlem living with our upcoming listing – a classic brownstone masterpiece! This centrally located gem boasts modern updates, three income-producing units, and an owner's triplex. Ideal for first-time townhouse owners, this amazing deal combines a fantastic price with the perfect home. Stay tuned for an opportunity to own a piece of Harlem's rich history!



More Information

For Buyers

323 Lenox Road #2D


Flatbush

Condo

1 Bed | 1 Bath | $575,000

Landscaped rooftop | 10' ceilings

Floor-to-ceiling windows



More information

111 Montgomery St #12D


Crown Heights

Condo

2 Bed | 1 Bath | $949,000

Stunning 2Bed/1Bath 7" oak wood floors |floor-to-ceiling windows


1st Home Buyer Program Available

237 Rutland Road #3A


Prospect Lefferts Garden

Condo

3 Bed | 2 Bath | $1,425,000

South-facing| Keyed elevator | Cucine chef’s kitchen 



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For Renters

445 Grand Avenue


Located at the intersection of Grand Avenue and Fulton Street, Arris Grand combines dramatic angles and alluring curves with a timeless red brick aesthetic, paying homage to its historic surroundings. With a limited collection of carefully curated studio, one-, and two-bedroom residences, functionality for your urban lifestyle. Open layouts curated to accommodate formal dining tables, one-of-a-kind curved floor-to-ceiling windows, Quartz countertops, Brazilian oak hardwood floors and more. 



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60 Wharf Drive


60 Wharf Drive, a 40-story luxury residential rental tower, is the newest addition to West Wharf, New York City's premier waterfront destination at the crossroads of Brooklyn's historic Greenpoint and Williamsburg neighborhoods. The building offers spacious apartment layouts, elegant finishes, and well-crafted finishes. Each residence offers keyless entry, high ceilings, floor-to-ceiling windows, wide-plank oak hardwood floors, custom lux kitchen and more. 






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545 Vanderbilt Avenue



Enjoy majestic views of downtown Brooklyn and the Manhattan skyline from the comfort of your own home with floor to ceiling windows throughout each room of the unit. The 2bdrm/ 1bath apartment features one full bathroom with a large walk-in shower, a brand new Blomberg appliance package, double door bedroom closets, and in-unit washer/dryer.





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Dreaming of a lake front vacation...

Book your vacation

Secluded Hudson Valley Cabin w/ Sauna

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Licensed Real Estate Sales Agent
109 North 12th Street, 9th Floor
Brooklyn, NY 11249
646-408-6817
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