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AGENT 1

Super Rich, Super Tall, Super Correction

Q: My partner and I live in a rental in Astoria, Queens, that we love ❤️. It has great light 🔦, a nice layout and is close to the train 🚊. We plan to stay here for at least a few years. We want to make the space feel like our own and less like a generic rental, but we also want to be mindful of the lease 📝, making improvements 👷‍♂️ that are easily reversible 🔙 when we move 🚛. What are our options?


When economic data goes parabolic ⤵️⤴️ there is usually a story 📗 behind it.

Housing data 🔢 tends to be very sticky 🍯, so when housing numbers first fell ⏬ and then went parabolic in 2020, we were witnessing 👀 one of the most extraordinary swings in data ever recorded 📹 in human history.


The nearly 1,400-foot tower 🏰 at 432 Park Avenue, briefly the tallest residential building in the world 🌏, was the pinnacle of New York’s 🗽 luxury condo boom 💣 half a decade ago, fueled largely by foreign buyers 🇨🇳 seeking discretion 😶 and big returns.


Hello? I would like to speak to the manager of the pandemic ☣️ please. I was promised cheap real estate 🏚, goddammit. I was told Covid 🦠 had killed ☠️ cities and nobody wanted to live in them anymore. I was told urban property 🌃 prices would plummet 📉. Well, it sure seems like someone forgot 🤨 to tell house prices 💸. Last time I checked – and I check ✅ multiple times a day – major cities are still majorly unaffordable 🥺.

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