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The holiday season is upon us and will soon be official tonight in New York City at the annual Rockefeller Center Christmas Tree Lighting. Most New Yorkers look to December as a magical time of year when we spread cheer and goodwill among one another.

In that spirit, I wanted to share some positive news on the real estate front for 2021 and beyond. There are a number of new development projects—from residential to amenity-rich office towers to museums and waterfront parks—in the works with launch dates set through 2022.

While many of these were underway prior to the pandemic, several were just introduced this past year which is a strong indicator that New York remains and will always be a hot market. Recent news of COVID-19 vaccines being offered as early as this month with widespread distribution to the general public in late spring only boosts this level of confidence. We can expect to see a shift in market activity over the next 12 to 18 months.

I recognize I’ve said this repeatedly in the past, but now is the time to buy, upgrade or invest, if this is something you’ve been considering. I’ve compiled some fantastic property listings under $2 million for your perusal in this week’s Featured Properties, however please let me know if you would like to see listings within a different price range. I am happy to prepare something for you.

Best regards,
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Serjik ( Serj ) Markarian
Lic. Assoc. R.E. Broker
212.796.6110
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My business is proudly built on referrals. Who do you know that I can help find their perfect home?
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