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2024 Will Be a Better Year for Homebuyers

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curbed.com

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newsletters@curbed.com

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Thu, Dec 21, 2023 08:01 PM

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A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines.

A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines. [Curbed]( THURSDAY, DECEMBER 21 the housing market [2024 Will Be a Better Year for Homebuyers]( But not exactly great. Photo-Illustration: Curbed; Photos: Getty James Morgan, an associate broker at Compass, had two deals over $20 million go into contract the last month. The first was at One High Line (formerly known as the XI), where the buyer had an already accepted offer on a condo but got outbid at the last minute and had to pivot to the [$22.1 million combo]( with insane views — which he plans to turn into a six-bedroom, six-bathroom spread of 5,400 square feet. The other deal was for a $25 million penthouse at the Armani tower, where Giorgio Armani himself [bought a place](. Morgan also sold his own apartment at 25 Central Park West — but for far less than he’d hoped to. After an off-market deal for $6.3 million fell through last year, the sale closed for $5 million earlier this month. And that, he says, pretty much sums up the market in 2023: brisk for anything above $20 million and basically lifeless for under $10 million. Which also tells you something about the buyers: Every sale he closed this fall was an all-cash deal. “No one else is making moves,” he says. “There’s just no pressure.” [Continue reading »]( [Learn more about RevenueStripe...]( The Latest [It’s Going to Be a Long Winter at Floyd Bennett Field Families who weathered this week’s storms are worried about what happens when it snows.]( By Luis Feliz Leon [This Week’s Worth-It New York City Apartment Listings Theo Wenner’s palazzo, a six-bedroom in Ocean Hill, and a pair of especially nice West Village rentals.]( [The Look Book Goes to The Nutcracker at Lincoln Center Kids and grown-ups put on their holiday best to see New York City Ballet’s annual production.]( By Kelsie Schrader [Jason Oppenheim Got the Kanye Listing The Malibu beach house is not in great shape.]( By Adriane Quinlan [Learn more about RevenueStripe...]( [Read More From Curbed]( [Sign up to get The Listings Edit](, a weekly digest of the most worth-it apartments in New York. [GET THE NEWSLETTER]( [logo]( [facebook logo]( [instagram logo]( [twitter logo]( [unsubscribe]( | [privacy notice]( | [update preferences]( This email was sent to {EMAIL}. Was this email forwarded to you? [Sign up now]( to get this newsletter in your inbox. [View this email in your browser.]( You received this email because you have a subscription to New York. Reach the right online audience with us For advertising information on email newsletters, please contact AdOps@nymag.com Vox Media, LLC 1201 Connecticut Ave. NW, 12th Floor Washington, DC 20036 Copyright © 2023, All rights reserved

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