Luxury Sales Surging..

I would not call it surging but I have seen stuff moving after the election.

54% over 2015 and 19% over 2014 is kind of surging Sir 300_mercer...maybe it was the election concerns/distractions/reality series stuff stalling the luxury market to begin with?

steve, See my other post. I have indeed seen stuff move after elections. Bank stock price increase should certainly help a lot. We will have a clearer picture in Feb when the impact of temporary shutdown pre-election is not in the numbers.

The entire market is very, very active again. We did better when things were slowing! Much more competition for attractive listings and calls for best and highest are back for those properties. Not one peep from our clients regarding rising rates.

Keith Burkhardt
The Burkhardt Group

I like that. Glad we were able to do a nice distressed deal together during the negativity of the summer.

http://www.vanityfair.com/style/2016/12/leonardo-dicaprio-sells-new-york-apartment

Nice building , original asks were unattainable. I think current trades are within reason all things considered. Leo over paid unfortunately, he should have called me (;

Keith Burkhardt
TBG

The finishes in that building are top-notch. I believe buyer got a very good price. The building is hurting due to being full-service for small number of units. Full-time doorman for 5-6 units just becomes too expensive. I believe the same is the issue with 37 East 12th, 17 East 12th and 12 East 13th.