DET NOVEMBER 2025 NEWSLETTER

Doug Eichman Team

November Newsletter

I apologize for the late delivery of the November Newsletter. Evidently, the "great and powerful" server was so engrossed in reading, it forgot to release the letter. Enjoy!

November in Manhattan might mean shorter days and colder temperatures, but hibernating in sweatpants and fuzzy slippers is not part of the Doug Eichman Team routine. We remain incredibly busy as we focus on the last nine weeks of 2025. The Federal Reserve reduced short-term rates by 25 basis points at their meeting last week. Mortgage rates had actually fallen to the lowest level in over a year last Tuesday and then shot up sharply Wednesday afternoon following the Fed’s announcement. The mayoral election is now behind us, Jimmy Kimmel has returned to the airwaves, and the Woolly Bear Caterpillar with its large brown band is predicting a mild winter. Broadway Cares iconic Red Bucket fundraising campaign is back for the fall. Look for me as I hold a Red Bucket and join the casts of Broadway and Off-Broadway shows making post-curtain appeals. The lights went dark in 2024, but the spectacular Saks Fifth Avenue Light Show is back, The Macy’s Thanksgiving Day Parade returns for its 99th season, and the 18,000 trees in Central Park will turn the perfect shades of red, orange, and gold. There’s plenty to look forward to as the year comes to a close (even if the sun sets at 5pm).

Doug

Real Estate In The News!

Rear View Mirror, October Market at a Glance!

The Mamdani Effect?

37 contracts were signed last week in Manhattan at $4M and above, 6 more than the previous week. Condos outsold co-ops, 22-9 with 1 condop and 5 townhouses sold. This was the 3rd week in a row of 30 or more contracts. The last 3 weeks in October had 98 with a total of $947,367,649 compared to 71 in the same period LY totaling $581,494,900. Last week's #1 contract was a townhouse at 4 E. 80th Street, asking $49.5M down from $59M a year ago. See details of this 35’ wide 7-story house HERE!

The Sky's The Limit!

JPMorgan Chase officially opened its new global headquarters at 270 Park Avenue in New York City on October 21, 2025. The $3 billion, 60-story skyscraper is the city's largest all-electric building, designed with sustainability and employee wellness in mind. It features 2.5 million square feet of workspace and new public space at its base. 270 Park signals the future of office design with the individual as the focus. Phased occupancy began is September with completion this year. See details HERE!

Happening in November!

Ornamental Genius!

Visit "Dagobert Peche: Ornamental Genius" at the Neue Gallerie for a focused spotlight on Austrian decorative-arts innovator Dagobert Peche. The exhibit features around 50 objects that define his imaginative, ornamental design within early-20th-century Viennese craft. Peche (1887-1923) was one of the greatest Austrian decorative artists of his generation. He studied architecture at his father’s behest, even though he preferred to be a painter. Now thru May 4, 2026.

Exhibit details HERE!

Crushing It!

Named by Wine Enthusiast magazine as "One of the 12 Fall Food and Wine Festivals You Won’t Want to Miss”, NYC Autumn Crush offers 100+ stellar wines and craft beverages, and the chance to savor an array of light bites from artisan food makers. This annual grand tasting event is organized by sommeliers who hold relationships with the top wineries and winemakers worldwide. Sample wines from all major global high-quality regions: France, Italy, Spain, Slovenia, Greece, South America, South Africa, and California. Tickets and info HERE!

All Lit Up!

"Lightscape", The Brooklyn Botanic Garden's gorgeous, after-dark illuminated spectacular promises a glittering winter wonderland where you'll feel like you're strolling through an enchanted forest. More than 1 million lights combine to form an illuminated trail of art by local and international artists. Don't miss the iconic Winter Cathedral, where you'll definitely want to snap a selfie. Plus, expect firefly fields, glowing bluebonnets, flocks of luminous birds and a reimagined Sea of Light. Ticket info HERE!

Not Just Any Parade! Before America finishes turkey and settles in to watch some football, all eyes turn to Manhattan during the Macy’s Thanksgiving Day Parade. The annual event of giant balloons, festive floats, cheerleaders, clowns, marching bands, current Broadway performances and celebs is one of the best NYC events in November. Whether you’re waking up at the crack of dawn to secure a prime spot or watching from home cozy on your couch, this guide will help you make the most of the parade. Details HERE!
	To Market, To Market! NYC is packed with holiday markets every fall with holiday spirit and unique gifts. While fancy Christmas window displays may entice you, NYC's holiday markets offer a chance to shop local. With everything from clothing to holiday ornaments to artwork, there's something for everybody on your holiday shopping list. Shopping for the perfect gift doesn't have to be stressful; make it fun at these holiday markets. Timeout has an amazing guide of the best markets: Get the guide HERE!
'Tis The Season! I know it's cheesy, but I can never resist highlighting the opening of the Rink at Rockefeller Center! Nothing captures the essence of the holiday season quite like a skating rink, and this one's on steroids! Whether you're on the rink, gliding to the holiday music, wabbling and falling on the ice or standing on the terrace above humming along and falling into the holiday spirit, there is nothing quite like it. And, well, let's face it...IT'S SO NEW YORK! Details HERE!

Lifestyle Tips!

Everybody Feels Good About Donating!

It's a great way to declutter and feel good about getting rid of "stuff" that someone else might want or can use. But there are items that thrift stores cannot resell and they toss them away. TheSpruce.com has compiled a list of these items and what to do with them. Click for details HERE!

Pudding Pie!

Pumpkin pie is on the verge of making it's yearly appearance as the #1 dessert of the month. This year, what about adding it's twin, the Southern sweet potato pie? Or better yet, the 18th Century pudding that became the sweet potato pie. You can never have too many desserts at the Thanksgiving table! Colonial Williamsburg is a great source for all these tasty early American recipes and these dishes seem to always go well with Thanksgiving. Recipe HERE!