Does NYC Get Better With Age?
Andrew’s Articles
A few fun things that caught my attention this week:
The saga about Kanye West’s gutted, zero-bathroom (!!) home in Malibu continues. This story’s a doozy.
Are rents about to go even higher?
Smorgasburg is back on April 4th, and these are the new vendors! Personally, those kolachi rolls look amazing!
We’re getting a new British restaurant in SoHo from the team behind King. Fish & chips, anyone??
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Hot Homes
I’ve always said this: NYC is for everyone.
My neighbor wrote this article in the NYT—shoutout to Bob!! It’s a fantastic read and a nice reminder that we live in one of the greatest cities in the world.
Moving to New York is usually framed as something you do in your 20s (thanks, pop culture), but this city is fun at any age. Arguably, it gets better as you get older, more established, and have more money to spend!
NYC is the ultimate “second act” city. I’ve worked with several clients who moved here to be closer to their children or grandchildren.
Who else can spend their weekend going to the Met, running through Central Park, seeing a Broadway show, and eating at some of the best restaurants in the world? The city has it all, and it’s perfect for those on the cusp of retirement with more free time than ever before.
So now I’m curious…what age were you when you moved to NYC?
Ask the (FINANCIAL) Expert
My colleague, Michael Feldman, is a real estate lawyer who offers valuable advice for first-time buyers seeking financial savings. Here’s what he had to say:
“For first-time buyers, tax abatements—such as 421-a and newer programs like 485-x—can significantly reduce carrying costs, but those savings phase out over time, often starting near full abatement. It’s critical to confirm how much time remains on any abatement, as the expiration can materially increase monthly expenses.
Buyers should also consider the co-op and condo abatement, which can reduce taxes by around 17.5% for qualifying primary residences!
At the same time, crossing thresholds under the New York State mansion tax can meaningfully increase closing costs, so both short- and long-term tax implications need to be evaluated.”
Listings I’m Lovin’
Spring is near! And yet it’s still cold! And all this to say I’m LOVING these pops of color in these homes below because they are showing true personality and making me feel warm and excited for summer.
3 BD | 2 BTH | $2,300,000 | East Williamsburg
Christian Wittman
This bold yellow staircase is everything! I’m not sure when we decided stairs had to be boring, but I’m loving this bright pop of color. A trip up or down these would absolutely help brighten my day. The three-level home also comes with a private garden, front yard, and a parking space for two vehicles.
2 BD | 2 BTH | $2,995,000 | SoHo
Clayton Orrigo
This duplex loft in SoHo has a color scheme that’s very ~primary school chic~ and yet, it’s working for me. Boasting 16-foot ceilings, oversized windows, and custom cabinetry and finishes, this home is full of character.
1 BD | 1 BTH | $1,595,000 | Upper West Side
David Balk
If I had a kitchen as gorgeous as this UWS pre-war home, I’d spend all my time in the kitchen. This parsley green color is really having a moment—and that Silver Roots marble island...swoon. Not to mention the wood-burning fireplace, oversized bay windows, and a mezzanine loft bedroom upstairs. Gorg!
To all my Buyers, Sellers, or Renters looking to make moves soon, let’s make it happen!
I’ll be back in your inbox in two weeks.
