30 Year Fixed Rate Average Mortgage Rates and Average Personal Savings Each Year
From The Federal Reserve Bank of St. Louis Economic Data (FRED) :
Wegmans to Open in the East Village in October
From NY Post:
Downtown Manhattan is about to get a big dose of upstate New York.
Almost exactly two years after the Rochester-based grocery giant Wegmans announced it would debut its first-ever Manhattan location in the former Kmart on Astor Place during the second half of 2023, now comes word of its specific opening date. And, just like the company said in 2021, it’s right on target.
The two-level, 87,500-square-foot store — located in the 1907-built 770 Broadway — will open for business on Oct. 18 at 9 a.m., according to a company release.
It’s the first Wegmans location in Manhattan, but not the first within city limits.
“We know our customers can’t wait to come see what we have in store and our employees have been training, in some cases, for over a year to get ready for this day,” says store manager Matt Dailor in the release. “Wegmans is a celebration of food and people, and we can’t wait to open the doors on October 18 to our community here in the East Village.”
On Oct. 27, 2019, almost exactly four years before the opening of this Astor Place spread, Wegmans made its Big Apple debut across the East River in the Brooklyn Navy Yard, which remains open.
The bulk of Wegmans locations are in New York State — spanning from Buffalo to a forthcoming store in Long Island’s Suffolk County — with plenty of others in Pennsylvania, New Jersey, Massachusetts, Maryland, Delaware, the District of Columbia, Virginia and North Carolina. Future stores, according to the Wegmans website, will include one in Norwalk, Connecticut — which will be the first to open in that state.
The grand opening of the Astor Place behemoth comes full circle after summer 2021 saw speculation that Wegmans would move into the former Kmart, which shut abruptly in July 2021. Published reports, as well as Reddit chatter, said the space would be replaced by a “first-class regional grocer,” leading many curious minds to offer their guesses of Wegmans, Whole Foods or Trader Joe’s.
What customers can expect: fresh sushi, sandwiches, pizza and even Mediterranean bites from the “Mezze” section. What’s more, in the first half of 2024, visitors will also have an on-site dining room with a sushi bar, as well as a Champagne and oyster bar.
Similar to Trader Joe’s, Wegmans has long attracted a cult following — particularly among natives of Western and Central New York who grew up chowing down on its fresh, and reasonably priced, food.88
The loyalty was so strong for some upstate natives that, despite living in New York City, they’d drive 330 miles home to Rochester to load up on several months worth of groceries to cart back to Manhattan. Others deliberately rented apartments or bought homes near the closest Wegmans stores — and not just for breezy shopping, but also for nostalgia.
Longtime customer favorites include the brand’s ginger-flavored sparkling water, the cave-ripened Cremeux de Bourgogne cheese, chocolate-dipped chocolate chip cookies that sandwich flavored buttercream frosting and, this being an upstate brand, its Buffalo wings.
Record High Residential Rental Downtown
From NY Post:
A penthouse at 100 Vandam in downtown Manhattan has set a record for the highest publicized residential lease in New York City — renting for a jaw-dropping $125,000 per month.
The tenant has not been identified, but was represented by Platinum Properties agents Cyrus Eyn and Cash Bernard. Nest Seekers’ Jessica C. Campbell held the listing.
Occupying over 6,500 square feet, the duplex residence takes up the 20th and 21st floors of the 25-story building.
Made up of six bedrooms and seven bathrooms, the home boasts panoramic views of the city skyline, the Hudson River, the New York Harbor, and the Statue of Liberty through its wraparound floor-to-ceiling windows, the previous listing notes.
The home is considered to have one of the largest outdoor spaces in Manhattan, totaling 3,821 square feet surrounded by manicured gardens.
Features of the unit include an open kitchen with signature millwork and blue de savoie stone island countertops.
All bedrooms come with ensuite bathrooms. The double-exposure primary bedroom features an expansive closet, a dressing room and a spa-like ensuite bathroom with heated floors.
Smart-home ready, the residence also features beamed ceilings and pre-war window fenestrations.
Situated in a full-service building, it has a 24-hour concierge, a live-in resident manager and a slew of amenities, which include a second-floor 1,200-square-foot fitness center with yoga and training studios, a children’s playroom, two residents’ lounges, cold storage, private and bicycle storage and a theater-quality screening room.
While the monthly price is the highest on record, sources told The Real Deal, that other units downtown have rented for more. Unlike sales, rentals are not publicly recorded in order to verify.
“It’s the highest [rent] I’m aware of,” Jonathan Miller, whose appraisal firm Miller Samuel prepares market reports for Douglas Elliman, told the outlet.