I snapped the above photo in my garden yesterday: the quiet beauty of summer’s end, holding on just before autumn takes over.

As summer fades, new stories, and new market trends, are emerging.

In This Week’s Edition:

On October 4, 2012, just 13 years ago, Facebook reached 1 Billion users, a significant marker that redefined global connection. Today, that number has tripled.

Altogether, that’s over 8 billion social media accounts, a reminder of how rapidly our digital and physical worlds have converged over just a decade.

Sales just launched at one of New York’s most recognizable landmarks, the Flatiron Building. Built in 1902, this 22-story landmarked Beaux-Arts tower at the intersection of Fifth Avenue and Broadway has been reimagined as 38 luxury condominiums.

The redevelopment preserves the building’s distinctive triangular form and historic façade while introducing refined modern interiors and sweeping views over Madison Square Park.

Apartments start at $10,950,000 for a 3-bedroom, with the most expensive listed at $50 million for a 5-bedroom residence.

The Flatiron’s new chapter blends architectural legacy with the rarity of true exclusivity. What a fitting evolution for one of Manhattan’s most photographed and beloved structures.

Pricing and full details have just been released — contact me directly for additional information.

In less than five years, 19 new private clubs have launched across New York City — adding to a landscape already defined by long-standing names like Soho House. These spaces promise privacy, community, and that elusive “third place” for New Yorkers seeking connection beyond home and work.

Running any hospitality venture in New York is no small feat: nearly 80% of restaurants and bars close within their first five years. Members clubs, however, operate under a different model, supported by initiation fees and annual dues that can range widely. Some, like Aman Club in Midtown, require a $200,000 initiation, while others are more accessible, with memberships in the low thousands.

New York’s members-club landscape is evolving. It's less about velvet-rope exclusivity, and more about design, community, and intent. Wellness-oriented destinations like ZZ’s and Core, and cultural salons such as Maxime’s and Chez Margaux, speak to a city redefining what belonging looks like today.

Fresh off the presses, Manhattan’s Q3 market data was released late Friday, and it tells a story of quiet resilience. Both sales and contract activity point to a steady market, defined less by dramatic swings and more by consistency across key segments.

Here’s what stood out to me from this quarter’s Compass data.

Sales totaled 2,931 closings this quarter, up 9% year over year (YOY), with both condos and co-ops posting gains at 11.6% and 6.9%, respectively.

Condos were more expensive than a year ago, with the average price per square foot up 3.2%.

Most activity remained in the $1M–$3M range, representing just under 40% of all closings (a 5.5% increase in the number of sales compared to Q3 2024), while sales in the $3M–$5M segment rose nearly 48% from last year.

Co-ops in the $3M-5M range saw 47.7% more closings than Q3 2024.

Contract activity also increased, up 4% YOY, signaling renewed confidence after a slower spring.

Below $5M, transactions grew across all price points, most notably in the $3M–$5M and under-$500K ranges, which climbed 13.2% and 10.4%, respectively.

In the co-op market, three-bedroom homes saw 15.7% more transactions than last year, with an 8.6% higher average price, underscoring the steady demand for larger, family-sized layouts.

While the ultra-luxury bracket above $10M remains selective, the mid- to upper-tier continues to anchor Manhattan’s core market — steady and poised for momentum as we head into Q4.

Click the link below to access the full report

This season brings a curated collection of estates where heritage and modernity meet. In Miami’s prestigious Ponce-Davis, a gated estate unfolds across nearly 42,000 square feet of lush grounds, blending grand formal living with resort-style outdoor retreats. Massachusetts offers a storied seaside escape, while along Lake Michigan a newly built sanctuary pairs panoramic views with private beachfront. On Fifth Avenue, a rare duplex frames Central Park in its finest light. Each home tells a story of setting and scale, inviting life at its most refined. Together they capture the spirit of summer living in extraordinary form. These are addresses destined to be remembered.