Boroughs & Burbs, the National Real Estate Conversation

In Season 4, Episode 132 of Boroughs & Burbs: The National Real Estate Conversation, hosts John Engel and Roberto Cabrera welcome Philip Gorrivan, author of Authentic Interiors, Rooms That Tell Stories, and DJ Carey, Editorial Director of C&G Media Group and Editor in Chief of CTC&G. They discuss how authentic design, narrative, and material choices shape the mood of a home and influence luxury buyer perception.

Watch on YouTube: https://www.youtube.com/watch?v=p7XmW2375R4

Related Episodes
• Ep 133 – The Long Island Show with Maria Babaev, Enzo Morabito, Tom Tripodi & Peter Halpin
Watch: https://www.youtube.com/watch?v=mk5Pe8scbcU

• Ep 154 – Decorate Like a Decorator with Meghan De Maria & Courtney Yanni
Watch: https://www.youtube.com/watch?v=M1CqdPlgrSo

• Ep 99 – Kips Bay Decorator Show House with Sergio Mercado, Roric Tobin and more
Watch: https://www.youtube.com/watch?v=MFvWcAzOV4I

• Ep 43 – Benjamin Moore’s Color Expert & Top Designers Talk Color Trends
Watch: https://www.youtube.com/watch?v=cF4QVT3VbrY

• Ep 157 – Does the Kitchen Make the Home with Bob Bakes & Eric Tchorz
Watch: https://www.youtube.com/watch?v=6nCZutyz2R0

Keywords
#interior #storytelling #luxury #design #CTC&G #Cottages&Gardens #authentic #interiors #design #narrative #materiality #color #strategy #highend #residential, #luxurybuyers

Hashtags
#InteriorStorytelling #LuxuryDesign #PhilipGorrivan #DJCarey #CTCG #CottagesAndGardens #AuthenticInteriors #DesignNarrative #ColorStrategy #HighEndResidential #BoroughsAndBurbs #JohnEngel #RobertoCabrera

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 Join us for Boroughs & Burbs #131, while we visit the Island of Saint Barthélemy (a.k.a. Saint Barths) known for its luxury lifestyle, its laissez-faire attitude and its calm waters. Roberto will find out first hand that the island of St Barths is not only blessed with a mild climate but also an always pleasant water temperature. He will be joined in person by Doug Foregger of Wimco Real Estate who will share all about living the french island life including the best season of the year to visit.

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Join us on Boroughs & Burbs, Episode #130: "Accessory Dwelling Units, The Perfect Housing Solution?" We're diving into the world of ADUs with experts Sheri Koones, David Melton, and Christine Osterwalder. Discover how California's pioneering ADU regulations are reshaping housing, offering diverse and affordable options. Learn about the design innovations within the 800 sq ft limit, the economic and practical aspects of ADUs, and how other states are following suit. Whether you're a homeowner, builder, or housing enthusiast, this episode will provide valuable insights into the future of residential living. Don't miss this engaging discussion on the potential of ADUs!

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Tune in to Episode #129 of Boroughs & Burbs, "Real Estate Staging," where we unpack the secrets behind effective home staging with our expert guests Lisa Hynes, Fairfield County's leading staging expert from Stage to Show, and Michael Lubin, a top realtor in New York City who offers staging for
free to his listing clients. Join us as we explore essential questions like: What exactly is staging, and how effective is it? Which rooms should be staged, and what's the right budget for different types of properties? Discover the psychology behind making a positive first impression and learn what to look for in a staging proposal. Don't miss this insightful discussion on maximizing your home's potential through strategic staging techniques!

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Welcome to Boroughs & Burbs episode #128 where we join you from the epicenter of the global yachting scene, Ft. Lauderdale, Florida with Julie Jones of Douglas Elliman and Bob Denison from Denison Yachting. 

Are luxury yachts the new real estate investments? Where do these markets intersect and where are the next hot markets?  What percentage of yachts, and super yachts, are available for charter and when do the economics make sense? You won’t want to miss this!

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Join us for Boroughs & Burbs #127, a very special episode (on leap year), where we are joined by CEO and President of Douglas Elliman Real Estate, Scott Durkin. Tune in as we delve into his perspectives on the real estate industry's evolution and Douglas Elliman's competitive edge. We will discuss AI, trends, expansion, the role of marketing, real estate teams, transactional vs. relationship selling and much much more!  ​​​​​​​

You won’t want to miss insights into Douglas Elliman's future vision, strategic objectives, expanding market presence and enhancing client experiences that are driving sustainable growth in the years to come.

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Join us for the “Wall Street South” Episode #126
of Boroughs & Burbs and explore the fascinating phenomenon
of West Palm Beach, Florida, being referred to as "Wall Street South." This episode features two distinguished guests, Kelly Smallridge, (Development Board of Palm Beach County) and Randi Binder (Douglas Elliman, West Palm Beach) who will ​​​​​​​provide valuable insights into the city's transformation and its growing prominence in the financial industry.

West Palm Beach has experienced a notable influx of financial firms, investment banks, and hedge funds setting up offices, drawing comparisons to the renowned financial hub of New York City's Wall Street. One notable example is CityPlace, a mixed-use complex located in the city's downtown area. CityPlace has become a bustling destination, featuring a wide range of retail shops, restaurants, entertainment venues, residential units, and office spaces, contributing to the revitalization of the downtown area.​​​​​​​

Tune in to Episode #126 of Boroughs & Burbs to gainexclusive insights from Kelly Smallridge and Randi Binder, as they provide a deeper understanding of West Palm
Beach's transformation into "Wall Street South" and its ​​​​increasing significance in the financial industry.

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Boroughs & Burbs Episode #125: Manhattan's New Development Market

Welcome to a special edition of Boroughs & Burbs, where we dive deep into the currents shaping New York City's real estate market, with a spotlight on the latest trends in Manhattan's new developments. Episode #125, "Evolving Skylines: Insights into NYC's New Development Market," features an engaging discussion with Stephen Kliegerman and Jason Thomas from Brown Harris Stevens, offering an expert analysis of the Q4 2023 Manhattan New Development Market Report.

Market Dynamics: A Detailed Examination

The report presents a nuanced picture of the Manhattan new development market. Notably, the median price per square foot (PPSF) saw a quarter-over-quarter increase of 2.7%, signaling a resilient demand in certain market segments. However, a slight year-over-year decrease of 0.5% in PPSF suggests a complex interplay of market forces. Meanwhile, the median sales price experienced a robust growth, climbing 1.9% from the previous quarter and marking a 7.8% increase year-over-year, reflecting a sustained interest in Manhattan's new developments despite broader economic uncertainties.

Sales Volume and Sponsor Sales: A Closer Look

A striking aspect of the report is the 29.3% decrease in sponsor sales from the previous quarter, coupled with a 38.9% reduction in total sales volume. These figures indicate a cooling in transaction activity, which could be attributed to a variety of factors, including market saturation, economic headwinds, or a natural cyclical downturn. Despite this, the rise in median sales prices points to a market that values quality and location, with buyers willing to invest in premium new developments.

Neighborhood Spotlight: Diverse Trends Across Manhattan

The Upper West Side stands out as a beacon of activity, capturing 20.14% of Manhattan's new development sales, underscoring its allure among buyers. The report also highlights significant variances across neighborhoods: Midtown East experienced the most substantial quarterly upswing in PPSF and median sales price, suggesting a resurgence of interest or a unique market condition favoring this area. Conversely, the Upper East Side faced the largest downturn, possibly due to shifting buyer preferences or an adjustment in pricing strategies.

Highlight Transactions: Central Park Tower and More

A notable transaction in the report is a sale at Central Park Tower, where a unit sold for $18,077,475 or $5,373.77 per square foot, showcasing the high-end market's vitality. Such transactions, while exceptional, underscore the enduring appeal of luxury developments in prime NYC locations.

Forward-Looking Insights: What's Next for NYC?

As we peer into 2024, our conversation with Kliegerman and Thomas will explore potential market trajectories. With the insights gleaned from the Q4 report, we'll discuss anticipated trends, investment opportunities, and the evolving landscape of Manhattan's real estate market.