07.14.2024

 

 

Living in New York… you can spend years in the city and never know all of the ins and outs of a neighborhood. Every pocket is different, and every block has it's own personality. But if you keep those eyes open and ears to the ground, there is always something new to discover.

 

NoMad is not a typical destination for me, except for a pass-through or a very intentional meeting/meet-up. However, recently, I've spent more time there with a client focused on securing their forever-home in this zone.

 

Suffice it to say, I'm a fan. It's central, connected, and classic! Where Beaux-Arts architecture and bustling energy intersect…that's where you'll find me.

The Name - The name “NoMad” is derived from the area’s location which is North and West of Madison Square Park from 25th Street to 30th Street between Sixth Avenue and Lexington Avenue.

 

Baseball - Apparently, the first recorded baseball game “officially” played with rules was in Madison Square Park in 1842. 

 

Gilded Age - NoMad was THE spot during the Gilded Age near the end of the 19th century.

With 189 units spread over 13 stories, The Grand Madison provides residents with a full-time doorman, gym, storage units, and full-service concierge.

 

 

All contract signings are significant. Buyers and sellers are committing to or letting go of a property. Money changes hands. And a new chapter is unfolding. It's special.

 

For me, that’s the first moment where the work, effort and energy for a client has a tangible result. This one took four years of searching, viewing many units and having nuanced conversations.

 

I love this job. The experience is never the same; each client is unique. The process is magical: feeling your relationship deepen, seeing the evolution of your client's point of view, and observing their personal journey as they answer the question of “What is most important to me?”

The Grand Madison is an iconic Pre-War, full-service condo building that offers a blend of classic elegance and modern convenience.

 

Originally known as the Brunswick Hotel, this iconic New York City landmark was built in 1906 by Francis H. Kimball and Harry E. Donnell in a beautiful Renaissance-revival style. 

The lantern of the Statue of Liberty was on display in Madison Square Park between 1876 and 1882 to raise money for its completion. (Any The Gilded Age fans, here?) Photo via Museum of the City of New York.

 

Found yourself in NoMad with a little time to kill? A few of my go-to's:

Eisenberg's Sandwich Shop.

 

 

The Portrait Bar.

 

 

Essential reads at the Rizzoli Book Store.

 

June Median Price Per Sqft: $1,651

-11.6% vs prior month

-13.6% vs prior year

 

June Median Sale Price: $2.08M

+7.3% vs prior month

-9% vs prior year

 

June Median Discount: 2.6%

+1.7 pts vs prior month

-1.5 pts vs prior year

 

Absorption Rate As Of June: 8.6%

-1.1% vs prior month

+59.3% vs prior year

 

Sold Above Ask In June: 30%

-70 pts vs prior month

+17.5 pts vs prior year

 

 

 

 

 

Fancy a Madison Square sit? Want to make this your new neighborhood? Get @ me.

 

 

 

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.