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Spring is definitely the season of new beginnings. But this May has been a month of historic new starts. 


Video: Watch the spire being installed atop 1 WTC

For the first time in 12 years, Americans, and specifically New Yorkers, can take a deep breath and realize that the dark shadow of a lost World Trade Center is lifting from our city: the crowning spire of the new Freedom Tower is in place, beginning a new era of prosperity in lower Manhattan. 

I'm sure you can remember moments over the past 7 years - moments in your life in direct comparison with the construction of our new Freedom Tower. I perceived the progress of the building as a figure of progress in different areas of my life. Almost as a constant evolution of me, my city and my world.

As we move forward, we realize that a void has been filled, our skyline has returned. Optimism has officially made a comeback. This is the beginning of something great. 

Until next time, best regards. 
Zachary Stackell
Salesperson
The Corcoran Group
212.941.2654

In the news.
Some green in Greenpoint.
Green in greenpoint
Long-promised green space will replace an Metropolitan Transportation Authority parking lot in a complex deal involving the two developers of a big waterfront residential property nearby and the $8 million sale of air rights. Proceeds will help fund park construction. Read more.
Development in the LES.
LES Development news
A Seward Park Development proposal from Atlantic Yards' developer Forest City Ratner includes a partnership with WeWork, a company that leases small office spaces to start-ups and entrepreneurs. Read more
April market snapshots.
Condo and co-op sales were very strong this April with the highest number of contracts signed in the last six years. That's a huge deal. That is an increase in contract activity of 25% for condominiums and 24% for co-ops year-over-year. The average sale price was up 11% for condos and 21% for co-ops in April 2013 compared to 2012.

This shows that the New York City real estate market is roaring back to pre-recession levels. Click on a specific market to see the full report:
Manhattan market snapshot    Brooklyn Market Snapshot

 
New York City. 1993.
A look back.
west side highway
West Side Highway, West Village.
bushwick
Bushwick, Brooklyn.

"When tracts rose high on
  Sixth and Third,
  The prices asked I felt absurd;
  Whole block-fronts bleak and black     with soot-
  Were priced at thirty bucks a foot!
  At times a teardrop drowns my eye
  For deals I had, but did not buy;
  And now life's saddest words I pen
  'If only I'd invested then!' "
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