Love is in the Air

Dear Friends and Family,

February is the month of love, so I'm diving into the things I love about my 40 year career in real estate. The entire list of experiences is countless, but there are two big ones: People and Penthouses.

As I hope everyone knows, I always put people over price point. Right now I'm working with two dear friends -- one on a 4,000 square foot penthouse and another on a 400 square foot studio. Regardless of price or prestige, I'm here to support your needs. I've helped thousands of people find their place in the world and I can't wait to help you to find yours (again!).

Compass has over 30,000 agents and staff—an unrivaled national network of support and knowledge. I love learning from everyone I work with and being part of an industry that's always innovating. I embrace that growth - from using QR codes in 2010, to soaring drones over Manhattan in 2022. Even after 40 years, I'm still learning and exploring every day.

I also love Compass's thought leadership. Our Founder and CEO, Robert Reffkin, was interviewed on CNBC two weeks ago and boldly predicted that Q4 of 2022 was the bottom of this real estate cycle, saying, "For the first time in 10 months, all the statistics I look at are trending positively." Now other people seem to have a similar message in the WSJ, in Forbes, ...

Many of my top deals have been on top of the city, literally. It's no secret that I love penthouses and have be called the "Penthouse Expert". If you're curious about what's going on in the penthouse market, be sure to check out The Art of the Penthouse. I've just finished my 2022 recap, and last year was one the strongest on record for these Manhattan gems.

2022 saw more penthouse sales than in 2018, 2019, or 2020, and the average days-on-market dropped by nearly 50%. 2022's average price per square foot for penthouses was $2,751 — the highest it's been since 2018. The penthouse market is hot! Check out some amazing penthouses (and more) in the Compass Ultra Luxury report.

If you're exploring the city, check out some of my local loves:

Real estate is my ultimate love and I am grateful to be able to call it my one and only career. I look forward to being able to help you in your next transaction, big or small. Happy Valentines Day!

 

All the best,

 

Toni Haber

Licensed Associate Real Estate Broker
Founder, Toni Haber Team | Private Client Advisors
TONI@compass.com | 917.543.1999

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Q4 2022