01.14.2024

"It is better to be roughly right than precisely wrong.” ~ Carvath Read 

1. 30Y fixed dips below 6% by EOY. 7Y ARMs get into the high 4% range. Everyone is delighted. :)

 

2. Prices in NYC rise 3% YoY. (I'm not going out on a limb here I know, but the “doomsday housing crash” conspiracy theorists believe otherwise).

 

3. Inventory will increase 11%. Buyers are sellers, remember; loosening market conditions benefit both sides of the transaction to varying degrees.

 

4. Bidding wars will return.

 

5. Deal volume/“transactions” up 13% YoY.

 

6. Office occupancy will reach 65% of pre-covid levels. Magic happens at the office.

 

7. M.Kahler Season 2 drops. It will be evolved. It will be nostalgic. The kids will clamor.

 

8. I will find the Biggest Sit yet.

 

9. $CELH up 125% YoY. (This is one of my personal “picks to click,” but this is not financial advice).

 

10. BTC will eclipse $90,000.

 

11. I will purchase one incredible chair, but tap ❤️ on 1000 more.

 

12. I will waffle between minimalism v. maximalism, but ultimately land on “maximum pleasure.”

 

13. The Riff will become the most electric, cannot-miss newsletter this side of the Mississippi.

 

 

#PH5A, BOERUM HILL

A slice of paradise in Boerum Hill, 450 Warren St is designed by the international masterminds running the elegant New York-based architecture firm SO-IL and developed by Tankhouse.

 

The main takeaway here is the art of space and proportion. Vertical, horizontal, and square windows are placed masterfully, giving what would be bland spaces an immediate art-house feeling. The master bedroom is a prime example, and the bathroom is perfectly Kubrick-esque.

 

The finished concrete on the ceiling is another masterful touch, giving the space a kiss of Brutalist Modernism, while the wooden floors keep it feeling cozy. The juxtapositions in this property couldn't have been designed with more harmony. The layout is the cherry on top. With ample square footage between living quarters, you have the space to take in all the architecture as you roam from point A to B.

 

The concrete accents along the white curved walls give it a rare Acapulco-in-Brooklyn vibe throughout, and that's without mentioning the three private outdoor spaces. Few things could beat hosting a lunch out on the main patio area, with all of Brooklyn taking shape ahead.

 

I believe we're destined for smarter living spaces and elevated design sense in our future lifestyles, and this apartment is a sure step in that direction.

 

If Brutalism in Boerum Hill has piqued your interest, get @ me for additional details on this one-of-a-kind property.

 

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.