All Columns in Alphabetical Order


Monday, July 25, 2016

STRIBLING MANHATTAN & BROOKLYN SEMI-ANNUAL MARKET REPORT JULY 15, 2016

MANHATTAN & BROOKLYN SEMI-ANNUAL
MARKET REPORT
July 15, 2016

Presented by
Elizabeth Ann Stribling-Kivlan
President

Elizabeth F. Stribling
Chairman

Researched by
Geoffrey E. Martell
Director of Data


OVERVIEW
The first six months of 2016 have ended with the United Kingdom’s vote to leave the European Union sending tremors across global financial markets. So what does this, along with the upcoming presidential election, mean for New York City real estate, in the context of the past half year’s numbers?

In large measure, the demand and appetite for New York real estate has remained healthy over the last six months, although one must look at the various segments of the market to get a complete and more accurate picture of what has transpired in that period. In the past, we spoke of the market as uptown versus downtown, distinguished solely by location as opposed to type or even square footage. In recent years the focus has been on co-ops versus condos, along with resale versus new development. Now it is no longer a bifurcated market but a “quad-furcated” market of new development, resale co-ops, resale condos, and the luxury market of $5 million and up properties.

The first half of 2016 has witnessed slight increases in average and median sales prices in Manhattan compared to this time last year. Simultaneously, we have seen decreases of both total sales volume and total number of resale units, coupled with a slight increase in days on market. The Brooklyn Market, despite fewer recorded sales this past quarter compared to last year at the same time, has continued to be competitive evidenced by increases in average and median prices year-over-year, and little to no negotiability thus far.

So what now? How do we interpret this data and does it spell difficulty for New York? Here at Stribling, the “silver bullet” is correct pricing. In what is currently the hottest sector, the $3 million and under market, well-priced apartments are sought after by local buyers whose end use is for their primary day-to-day living. That being said, we have seen an increase in investors in this price range in Upper Manhattan, but the majority of under-$3 million purchases remain for personal use. This is not a “let’s test the market and see what we can get” arena, but one where mint condition apartments in one-of-a-kind or hard-to-match buildings are much in demand.

This year’s most frequently asked question is, “Do New Yorkers actually buy apartments in the city?” The answer is yes! Yes, they do! We are a local market and the majority of our buyers are working, enjoying, and living a “New York” lifestyle. New York is always a dream. People all over the globe aspire to own an actual piece of this city. However, the press has greatly exaggerated the influence of foreign buyers in New York City. Currency shifts,political and economic uncertainty, and cheaper oil have significantly altered the roles that citizens of Brazil, China, and Russia once played. Now we are seeing an increase of buyers from India who are buying in larger numbers in a myriad of Brooklyn and Manhattan neighborhoods. And while the focus is often upon the foreign buyer, the national market cannot be ignored, with many people from California and Colorado as well as residents 
of the tristate area searching for pied-a-terres. 

The most discussed subject seems to be new development. Cranes appear in every direction, and buildings are growing taller and taller. Every newspaper headline or dinner party conversation centers around the latest, glossiest new “starchitect”-designed towers, with their grand penthouses in the clouds. Although the competition might be stiffer, enormous transactions are still occurring. Harry Macklowe’s 432 Park Avenue recently saw a penthouse go into contract with an asking price of $76.5 million (or $9,497 psf). Even though new development sales have slowed, there are some projects that are bucking the trend. At 252 East 57th Street, a 65 story building designed by SOM with interiors by Daniel Romualdez, there were six contracts signed in June, totaling over $50 million. But even with these positive examples, there is a lot of product currently on the market, or slated to come on within the next couple of years. And while today’s buyers will pay more for a brand new gleaming apartment which is perfect on day one, they are no longer dazzled by the emperor’s new clothes. 

Perhaps the second most popular topic of the year is a softening at the top of the market. At Stribling, we define the luxury market as properties with an asking price of $5 million or more. This segment has seen 78 units trade since the beginning of the year, compared to 126 units for the first six months of 2015. Likewise, the highest sale price for 2016 to date is $53 million for a Fifth Avenue apartment which closed for $18 million over its asking price, versus a record $77.5 million for a co-op on Fifth Avenue in 2015. The evidence clearly points to a drop-off, but sales in this segment of the market are largely determined by inventory, and it’s possible that more truly record-worthy properties will appear before the year ends. 

And then there is the infamous Brexit… Has the world stopped? Is New York going to feel the pull on its financial and residential markets? Clearly there is a real sense of uncertainty and confusion in the United Kingdom and the European Union. The stock market impact of June 25th was very telling, but that proved to be a short-
term reaction as we have seen fear diminish and the stock markets rebound in England as well as the United States. Some analysts expect foreign buyers to turn their attentions more fully 
on New York City now, but a stronger dollar relative to the pound and the euro, together with persistent problems at home, are likely to inhibit that response. On the bright side, the additional downward pressure the British decision has put on interest rates may benefit our market, though chiefly at the lower end.

As it has in the face of prior setbacks, New York City real estate—both commercial and residential—will maintain its importance and worth, thanks to the 
transparency of US currency and real estate laws coupled with the geographic limitations of building on what is, 
in fact, a series of islands. Per Melissa Cohn of FM Home Loans, “low interest rates and our stability will only continue to make New York and US real estate a stronghold in anyone’s portfolio.” 

Here at Stribling, we believe that demand for New York will continue in 2016, but we are also aware that, as the presidential election approaches, a slight slowdown can be expected— especially given the divisive tenor of this year’s contest. 

With any luck, we may see a return to “normal” conditions, something we haven’t encountered in almost two decades, particularly in the last several years when there appeared to be an almost-frenzy to enter the market, accompanied by precedent-setting prices for square footage and land.

Overall, Manhattan apartment prices rose due to a large number of new development closings. Average prices rose to $2,093,165, up 14% from this same time last year. However, overall activity paints a mixed picture. As previously mentioned, while prices continued to rise, the numbers showed fewer recorded sales and contracts 
signed, down 27% and 9% respectively from this time last year, reflective of brokers’ sentiments across the board that the market is softening compared to previous years, and returning to normal. The normalization of the market is also highlighted by the rise of inventory and months of supply approaching 6 months. Also, the average discount from list price, an indication of buyers’ negotiating power, increased from this time last year along with days on market. 

• Median and average prices are up year-over-year 

• Number of sales and contracts were down as days on market increased 

• Months of supply inched closer to six months for the first time in years 

• Negotiability and listing discount increased year-over-year 

• Sellers were sluggish to adjust to buyers’ expectations and market experience 

The number of new development closings fell from last quarter, but were up from this time last year. While sales fell, average prices continued to rise due to closings on a large number of new development contracts that were signed 12-18 months ago. As such they are not necessarily representative of current conditions which reflect the financial market uncertainty of Q4 2015 and more recent global political volatility. Additionally, the supply of new development listings has slowly crept upward since 
Q2 2015, with a corresponding rise in days on market, representing a slightly slower market than this time last year. Median prices for new development fell as the number of Q2 closings fell, while units being “flipped” in new development buildings were added to inventory as well.

• New development sales dropped quarter-over-quarter, but are up from last year 

• Median and average prices are up year-over-year, but reflect the period when the units went 
under contract 12-18 months ago 

• Downtown leads the city in 
new development closings

• Negotiability and days on market are up

Resale condo prices decreased across the board year-over-year. Average resale prices dropped by 12% while median prices dropped 5%. Inventory rose approximately 10% from this time last year, with an increase in marketing time from 98 days to 103 days. Months of supply increased to 
6.5 months from 4.9 months, a metric indicative of general market volatility in Q1 2016.

• Sales dropped significantly compared to this time last year 

• Prices also decreased quarter-over-quarter and year-over-year 

• Days on Market increased along with the average listing discount

The number of recorded sales among resale co-ops dropped significantly from 2,081 in Q2 2015 to 1,561 
in Q2 2016. Compared to this time last year, median resale co-op prices increased by 1% and average prices decreased by 1.5% to $1,337,745. This downward shift is attributed largely to the fall in the number of sales above $20 million compared to Q2 2015. The upward shift in median price indicates that the price floor for co-ops is rising. Furthermore, average price per square foot for co-ops 
also rose, precluding the rise in median prices from being attributed solely to a number of very high priced co-ops in the luxury market. The relative strength in the co-op market may be attributed to a number of influences, though two likely factors are a slight decrease or softening of foreign demand for condominiums and a greater proportion of local buyers who either prefer or are comfortable with purchasing a co-op. 

• Number of co-ops sales are down by 25% 

• Average days on market are up by 14% year over year with average discount up as well. 

• Price indicators mixed with average prices falling by 1.5% and median prices rising year-over-year 

For Stribling & Associates, the Luxury Market is defined as sales achieving a sale price of $5,000,000 or more. In Q2, the luxury market saw decreases in recorded sales and contracts signed compared to Q2 2015, with a significant increase in both months of supply and marketing time. Broker perception that the luxury market has been sluggish compared to this time 
last year is confirmed by these metrics. 

• 65% of luxury sales were new development closings 

• Average price per square foot was up, but median price per square foot fell year-over-year, 

• Negotiability was up for both new and resale luxury units year-over-year

The Brooklyn market, like the Manhattan market, 
saw an overall decline in the number of sales compared to this time last year, as well as to Q1 2016. Average and median prices increased by 7% and 3% respectively from Q2 2015. Additionally, negotiability and days on market are up year-over-year, with inventory contracting slightly. Overall, the Brooklyn market showed signs of continued strength and competitiveness despite fewer closed sales. 

• Overall increase in prices signaling continued strength in the market 

• Negotiability and months of supply up year-over-year 

• Days on market increased year-over-year for most product types

The number of new development closings fell from Q2 2015 by 6.5%. Average prices and median prices 
rose from Q1 2016 by 7% and less than 1% respectively. As to be expected with a spring push, sellers received, on average, closer to their listing prices for units compared to Q1. However, days on market rose year-over-year, indicating that buyers have been slower to purchase and felt more confident “shopping around” for value. 

• New development prices continued to rise year-over-year, but median prices fell slightly 

• Inventory rose from the previous quarter, but dropped slightly year-over-year 

• Days on market increased with negotiability rising sharply from the same time last year

The number of resale co-ops that sold in Q2 fell from this time last year. Months of supply rose from 2.4 last year to 2.7 as the amount of listed inventory increased by approximately 15% quarter-over-quarter. Days on market rose as well, mirroring the Manhattan co-ops, though negotiability remained very tight. 

• Resale co-ops dropped in number of sales, and months of supply increased 

• Days on market increased as listing inventory grew 

• Negotiability was minimal as competition for affordable inventory remained strong 

Resale condominium closings dropped by about 6% from this same time last year, with a slight uptick in the number of contracts signed. Months of supply rose from Q1 2015, while days on market and negotiability are both up from this time last year, signaling a less frenzied market. 

• Resale condo price growth was strong 

• Listing inventory rose for a second straight quarter with months of supply also increasing 

• Negotiability and days on market are both up year-over-year

The performance of Brooklyn 1-3 family houses revealed mixed signals. Recorded sales were down from Q1 2016 and Q2 2015, while the average days on market and average listing discount were both down from the same times last year as well. Absorption rate rose to 6.0 months, indicating a significantly longer amount of time for all listing inventory to sell at the current rate of sales. Prices indicators oscillated as well, with median prices rising year-over-year, but average prices falling over the same period. 

• Price indicators were mixed, with median prices rising 

• Number of closed sales dropped year-over-year by 26% 

• Absorption rates rose indicating a slower market 

The Right Broker Makes All the Difference. 
Over the past 36 years, Stribling brokers have successfully represented the world’s most discerning clients, offering an exceptional level of service, integrity and sophistication coupled with an in-depth understanding of the ever-changing real estate market. Stribling professionals embrace a wide range of tastes and styles, ensuring that each client is matched with the broker who can best assist them in buying or selling their home. 

UPTOWN 212 570 2440 

CHELSEA 212 243 4000 TRIBECA 212 941 8420 BROOKLYN 718 208 1900 

For over 30 years, Stribling and Associates has represented high-end residential real estate, specializing in the sale and rental of townhouses, condos, co-ops, and lofts throughout Manhattan and Brooklyn, and around the globe. Stribling has more than 200 professional brokers who use their respected expertise to provide personalized service to buyers and sellers at all price levels. A separate division, Stribling Private Brokerage, discreetly markets properties over $5 million, and commands a significant market share in this rarified sector of residential real estate. Stribling is the exclusive New York City affiliate of Savills, a leading global real estate advisor with over 200 office in 48 countries. 





Whom You Know Congratulates their new President, Elizabeth Ann Stribling-Kivlan: http://www.whomyouknow.com/2012/12/breaking-manhattan-real-estate-news.html#.VvFbTIrLIU

Read more...

Mover and Shaker Picture of the Week: Mover and Shaker Rita Cosby at the #DemConvention #DemsInPhilly #DNCinPHL

Rita Cosby as a Mover and Shaker:

Read more...

Amazing Accessories Takes a Trip to Italy, Country of Elite Craftsmanship to Celebrate the Latest and Greatest by Mover and Shaker Emilio Cavallini! The Italians Are Coming to Make Your Legs Their Best by Emilio for the Last Four Decades, and Counting!


Emilio Cavallini is a Mover and Shaker.
In this family business, his children, whom we meet in America, are not only dedicated to excellence, but also they are dedicated to the art of making your legs look their absolute best!

We have been wearing Emilio Cavallini for years, and if you think just because it's summer you don't wear tights, think again because air conditioning in places Peachy does not control can be igloo-like.

In life, when Peachy is walking down the street, and you know her shoes are amazing, she actually receives more compliments on her tights, because they are truly works of art.
Let's look at their latest and greatest, designed and made in Florence, Italy!
We all LOVE LOVE LOVE diamonds, and these are the kind for your legs.  You will be the sexiest person walking up and down stairs and studies show that these are compliment magnets.  The classy black ensures you are fashionable without being over-the-top.  Though Peachy is actually not so tall, proportionally her legs are long compared to the rest of her so these really elevate her look.  This pair is versatile and can be paired with all of your favorite LBD's (little black dresses for the men reading...we know you like to look at these on legs!) and also can add style to a busier look as the diamond is in the back.
-Style 5B06.1.4 is above-
Looks like Peachy has a new look to wear to Il Gattopardo!  She can wear and eat Italy concurrently.  For a wilder look that is superb in summer, opt for these.  In black/heather grey, these animal-inspired tights are ideal for our concrete jungle of Manhattan.  We suggest pairing this with a simpler outfit to create balance.
-Style 5B02.1.33-
Colored in espresso, these tights are ribbed vertically to make everyone look taller!  The durability of these tights is highly laudable and they are MADE OF CASHMERE, the ultimate in luxury.  Blended soft and warm viscose with a matte finish, flat seam and reinforced toe, we'd encourage Santa especially to pick some up for stocking stuffers this winter.
-Style 4306.1.25-

Since launching his eponymous label more than 40 years ago, Emilio Cavallini has combined his passion for art, fashion and pop culture with his curiosity and respect for cutting-edge technology. The result…four decades of design innovation…and a world full of women enlivening their legs in eye-opening legwear. 

Even for fashionistas-on-a-budget, a hot new pair of tights can add drama, dazzle, and the cache of ‘walking wearing art’ …without spending a fortune. 

“When I started my company (Stilnovo SpA) in 1970, I was intrigued by the idea of pulling hosiery out of anonymity, of transforming it into a ‘garment’ unto itself,” says Cavallini. The designer adds, “Miniskirts expose so much of the leg that tights are an integral part of any outfit. Let’s face it, the leg makes up more than 30 percent of a head-to-toe look.”

Made in Italy…
All Emilio Cavallini products are MADE IN ITALY, produced by expert Italian craftsmen and a huge staff that prides itself on excellence in every step of production, delivery and service. All production processes (knitting, dying, ironing, printing, packaging) take place in the Stilnovo factory located in San Miniato (near Florence, Italy). , which has just undergone major renovations, including a new showroom space designed to present the product 

The Cavallini look…
As the leg takes center-stage in the fashion arena, Emilio Cavallini continues to create inspiring legwear and bodywear that add sensuality, style and wit to a woman’s wardrobe. 

Read more...

On Involvement, by Benjamin Franklin

"Tell me and I forget. Teach me and I remember. Involve me and I learn."
-Benjamin Franklin

Read more...

Twitter Announces Live Streaming Partnership for MLB Games, NHL Games, and a Nightly Highlights Program From 120 Sports Our Coverage Sponsored by Hallak Cleaners the Couture Cleaner

For fifty years, Hallak Cleaners the Couture Cleaner has been entrusted with Manhattan’s finest wardrobes. New York’s fashion boutiques have been recommending Hallak to their loyal customers for years. They understand the importance of quality fabric care and protecting their client’s investment. While Hallak is known for their expert handling of couture and other precious items, they also make it a point to give your more casual garments the same level of attention. Their representatives are always on the look out for the hard-to-notice stains, loose seams, missing buttons, etc. You can trust Hallak Cleaners with your entire wardrobe and then some. A sample of some of their specialized services: 

Tables & Bed Linens

Suede, Leather & Furs 

Couture & Casual Wear 

Custom Interior Services 



Expert tailoring department located at both locations.

Complimentary Pick Up and Delivery Service 6 Days a Week. 

Hallak Cleaners

1232 Second Avenue (near 65th)

New York, NY 10065 






If you have any questions or would like to schedule a pick up, please feel free to email us at info@hallak.com

***
Twitter today announced it will live stream weekly out-of-market games from Major League Baseball (MLB) and the National Hockey League (NHL®). 120 Sports, the OTT network, will also produce an exclusive, nightly multi-sports highlights show called ‘The Rally’, the first show of its kind to be streamed live on Twitter. The MLB, NHL, and 120 Sports streaming rights come through Twitter’s new partnership with MLBAM. 

“Twitter is the fastest way to see what’s unfolding in MLB and the NHL,” said Anthony Noto, Twitter’s chief financial officer. “MLBAM has pioneered streaming live digital video and we could not be more excited to partner with them on live games as well as ‘The Rally’, giving our audience the live sports events they are already talking about on one screen on Twitter.” 

“Twitter has long been a great partner and platform for both baseball and hockey fans as they follow their favorite teams and players every day,” said Kenny Gersh, MLBAM’s executive vice president, business. “We know fans will embrace what this wide-ranging partnership brings – expanded and reliable access to live baseball and hockey and the introduction of Twitter’s first daily live highlight show delivered intuitively to a platform where they’re actively engaged with the games.”

“Twitter has become a crucial forum and engagement tool for hockey fans to enhance their NHL viewing experience and stay connected to the game on and off the ice,” said Stephen McArdle, NHL executive vice president of digital media and strategic planning. “We are excited that fans will now be able to enjoy live NHL games through our partnership with Twitter.” 

The once-per-week live streams of out-of-market MLB and NHL games will be available free to logged-in and logged-out Twitter users in the United States. MLB games also will be available worldwide, except in select international territories. A schedule for the MLB and NHL games will be available at a later date. 

Twitter also will live stream ‘The Rally’, a nightly program produced by 120 Sports that will include highlights and expert perspective across multiple sports exclusively to Twitter users in the United States. ‘The Rally’ will utilize a distinct format designed to integrate with Twitter’s platform, using Twitter-based data to determine live trending topics as well as adding other interactive elements for instant conversation and analysis of the moments that matter most to sports fans – covering professional to college to action to Olympic sports and more. 

“‘The Rally’” on Twitter will combine the production and editorial values of television with the speed and interactivity of digital media,” said Jason Coyle, 120 Sports president. “We are excited to bring this first-of-its-kind programming to Twitter as we continue the push of 120 Sports beyond the limitations of traditional media, infusing real-time, scaled fan sentiment and feedback into the sports conversation every night.” 

About Twitter, Inc 
Twitter, Inc. (NYSE: TWTR) is an iconic service and global platform for self-expression and live conversation. Twitter has always been the best place to see what's happening now. Whether it’s breaking news, entertainment, sports, or everyday topics, only Twitter lets you connect with people anywhere in the world with live conversation. Anything that happens, you see it first on Twitter. By developing a fundamentally new way for people to consume, create, distribute and discover content, Twitter enables any voice to echo around the world instantly and unfiltered. Twitter is available in more than 40 languages around the world. The service can be accessed at Twitter.com, on a variety of mobile devices and via SMS. For more information, visit about.twitter.com or follow @twitter

About MLBAM 
Established in June 2000 following a unanimous vote by the 30 Major League Baseball club owners to centralize all of Baseball's Internet operations, MLB Advanced Media LP (MLBAM) is the interactive media and internet company of Major League Baseball. MLBAM manages the official league site, MLB.com, and each of the 30 individual Club sites to create the most comprehensive Major League Baseball resource on the Internet. MLBAM also develops, deploys and distributes the highest-grossing sports app, At Bat, and #1 live sports streaming service, MLB.TV, as well as manages live video content for dozens of sports, news and entertainment clients. It captures, encodes and distributes tens of thousands of live video events annually, powering more live events on the Internet than any other property in the world. 

About The NHL 
The National Hockey League (NHL®), founded in 1917, consists of 30 Member Clubs, with players from more than 20 countries represented across team rosters, competing for the most revered trophy in professional sports – the Stanley Cup®. Each year, the NHL entertains hundreds of millions of fans around the world. The League broadcasts games in more than 160 countries and territories through its rightsholders including NBC/NBCSN in the U.S., Sportsnet and TVA in Canada, and Viasat in the Nordic Region. The NHL reaches fans worldwide with games available online in every country including via its live and on-demand streaming service NHL.TV™. Fans are engaged across the League’s digital assets on mobile devices via the free NHL app; across nine social media platforms; on SiriusXM NHL Network Radio™, and onNHL.com, available in eight languages and featuring an enhanced statistics platform powered by SAP, providing the definitive destination for hockey analytics. A historic media rights partnership between the NHL and MLBAM has transformed the fan experience across the League’s digital and broadcast assets, with an emphasis on deeper access into the game and enhanced storytelling. To celebrate the NHL’s international diversity, the World Cup of Hockey will return in September 2016, a best-on-best international tournament featuring eight teams comprised of the world’s best hockey players. In 2017, the League will celebrate its Centennial anniversary, commemorating 100 years of NHL hockey. The NHL is committed to giving back to the community through programs including: Hockey is for Everyone™ which supports nonprofit youth hockey organizations across North America; Hockey Fights Cancer™ which raises money and awareness for hockey's most important fight; NHL Green™ which is committed to the pursuit of sustainable business practices; and a partnership with the You Can Play Project, which is committed to supporting the LGBT community and fighting homophobia in sports. For more information, visit NHL.com

About 120 Sports 
120 Sports, America’s Over-the-Top Sports Network, is the ultimate source for multi-sport highlights, live-looks-ins, interviews, analysis, and commentary, integrated with real-time social conversation and trending sports topics. Available to both cord cutters and television enthusiasts alike, 120 Sports operates 365 days a year, offering 53 hours of live or original content and over 750 on-demand video clips each week. Equity partners in 120 Sports include Time Inc. / Sports Illustrated, MLB Advanced Media, the National Hockey League, the PGA TOUR, Campus Insiders, and Silver Chalice. For more information, visit 120Sports.com or download the app in the iTunes App Store or on Google Play.

Read more...

Final Days to Visit Popular Crime Photo Exhibition at The Met Fifth Avenue Our Coverage Sponsored by Stribling and Associates

Unknown, French. Marius Bourotte, 1929. Gelatin silver print with applied color. The Metropolitan Museum of Art, Purchase, The Horace W. Goldsmith Foundation Gift, through Joyce and Robert Menschel, 1996

For over 30 years, Stribling and Associates has represented high-end residential real estate, specializing in the sale and rental of townhouses, condos, co-ops, and lofts throughout Manhattan and Brooklyn, and around the globe. Stribling has more than 200 professional brokers who use their respected expertise to provide personalized service to buyers and sellers at all price levels. A separate division, Stribling Private Brokerage, discreetly markets properties over $5 million, and commands a significant market share in this rarified sector of residential real estate. Stribling is the exclusive New York City affiliate of Savills, a leading global real estate advisor with over 200 office in 48 countries. 







Whom You Know Congratulates their new President, Elizabeth Ann Stribling-Kivlan: http://www.whomyouknow.com/2012/12/breaking-manhattan-real-estate-news.html#.VvFbTIrLIU

***

On View through July 31

Some 70 works from The Met collection—ranging from 19th-century "rogues galleries" and photographs of crime scenes to work by contemporary artists inspired by criminal transgression—are featured in this installation. Highlights include Alexander Gardner's documentation of the events following the assassination of President Lincoln; rare photographs by Alphonse Bertillon that are precursors of the modern mug shot; and a vivid selection of vintage news photographs of the Depression-era gangster John Dillinger, Jack Ruby shooting Lee Harvey Oswald in 1963, and Patty Hearst captured by bank surveillance cameras in 1974. Also included are works by artists who have drawn inspiration from the criminal underworld, including Richard Avedon, Larry Clark, Walker Evans, John Gutmann, Andy Warhol, and Weegee.

Read more...

Thursday, July 21, 2016

On Dreams, by William Butler Yeats

"But I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams."
– William Butler Yeats

Read more...

#LFW Just announced: See the London Fashion Week September 2016 Show Schedule Our Coverage Sponsored by Hallak Cleaners the Couture Cleaner

For fifty years, Hallak Cleaners the Couture Cleaner has been entrusted with Manhattan’s finest wardrobes. New York’s fashion boutiques have been recommending Hallak to their loyal customers for years. They understand the importance of quality fabric care and protecting their client’s investment. While Hallak is known for their expert handling of couture and other precious items, they also make it a point to give your more casual garments the same level of attention. Their representatives are always on the look out for the hard-to-notice stains, loose seams, missing buttons, etc. You can trust Hallak Cleaners with your entire wardrobe and then some. A sample of some of their specialized services: 

Tables & Bed Linens

Suede, Leather & Furs 

Couture & Casual Wear 

Custom Interior Services 



Expert tailoring department located at both locations.

Complimentary Pick Up and Delivery Service 6 Days a Week. 

Hallak Cleaners

1232 Second Avenue (near 65th)

New York, NY 10065 






If you have any questions or would like to schedule a pick up, please feel free to email us at info@hallak.com
The provisional show schedule for London Fashion Week September 2016 is now live. 

Highlights include the return of Versus Versace to the London catwalk while Burberry will present both its menswear and womenswear lines at the same show.

The latest NEWGEN recipient and recent RCA MA graduate, Paula Knorr will show her latest collection on schedule. 

ROBERTS | WOOD, Malone Souliers and milliner Piers Atkinson will all host presentations for the first time while designers including Sharon Wauchob, Huishan Zhang, Molly Goddard and Teatum Jones will present their collections with catwalk shows.

 
Registration for London Fashion Week September 2016 is open. 
Just launched! Follow @LondonFashionWeek on Instagram and keep updated on all the latest news from the event as well as designer updates throughout the year.
Join the conversation #LFW

Read more...

Terrific Takeout: Pho Saigon Inaugural Review Our Coverage Sponsored by Fresh Origins

Owner of Pho Saigon, our friend Bill Tran

Fresh Origins is America’s leading producer of Microgreens and Edible Flowers. Combining the benefits of an ideal climate with a deep passion for quality and innovation, Fresh Origins products are sought after by the finest restaurants and top chefs. The farm is located in the picturesque rolling hills of San Diego County, where the near perfect weather allows for production and harvest all year. Fresh Origins produces almost 400 Microgreens, Petitegreens, Edible Flowers, Shoots, Tiny Veggies™ and related items. Many are not available anywhere else, with new introductions nearly every month. Fresh Origins products are on top of the finest cuisine in the world! Fresh Origins supplies distributors of specialty produce who serve fine dining restaurants and resorts nationwide. There are also a few online sources of their products available to private chefs and home cooks. Read our first Culinary Queen interview with Kelly Sasuga:

For more information about Fresh Origins, visit their website at 







It is both a great day and also a highly unusual day at Whom You Know when we find an entirely new kind of cuisine that Ms. Pretty Picky needs to tell you about!
Introducing what we believe is our first Vietnamese review ever!  Pho Saigon is owned by Bill Tran and his family, and Bill moved to New York three decades ago with his family.  He had previously lived in Hong Kong, and is from Vietnam.  This is our first visit to Pho Saigon and it opened in 2015.
We began with the Cha Gio.  We're going to define everything for you because guess who doesn't speak Vietnamese either! (But she speaks tastebuds internationally.)
They are Vietnamese fried spring rolls and are served with lettuce and herbs: mint, cilantro, lettuce and cucumber.  Noodles and mushrooms are also alive and kicking inside. You will find them under appetizers, along with Goi Cuon:
We liked these better; they are lighter and of course great for summer because their name is Fresh Shrimp Summer Roll.  Shrimp, mint leaves and vermicelli noodles arrive wrapped in rice paper to ignite your appetite.  They were not at all greasy and the rice paper has a lovely, thin texture.
This is what a salad looks like!  We like that there are many choices.  This is the first Green Papaya Salad of Peachy's life, otherwise known as Goi Du Du Bo.
You're not going to believe how fantastic it is!  Look what we have been missing.  
Here is the traditional version:
Here's its glamour shot.  No those are not flying saucers around the edge: they are SHRIMP CHIPS and our studies show they are addictive.  
The fresh green papaya was shredded to perfection and they will even hold the peanuts for you if you ask them to.  (Peachy only likes her peanuts in peanut butter or in their natural state alone.)  This is the no-peanut version.  Mint, fried shallot, cilantro and drumroll please, we even liked the sauce of chili lime.  We are carnivores and Deegans here NOT VEGANS so we had a round of applause for the grilled beef which was superb.  We were also thrilled with this sauce which was light and did not overwhelm the cuisine it accompanied and let it shine concurrently.
We bet you didn't know papaya could smile!
We really like cashews and next in the lineup we had a faceoff with Tom Xao Xoai.
It had smashing seared shrimp dancing in pea pods, tomato, fresh mango, cashew nuts, and drumroll please, the most highly underutilized item on menus everywhere: PEACHES!
It was a genius combination and did not last long.  We do not normally like stir frys at all but we liked THIS stir fry.
Bill told Peachy that she absolutely must try their signature dish: Suon Heo Nuong.  Once you take a single bite you will see why it is named so.
These grilled pork chops are simply fabulous and marinated in lemongrass, anchovy, and honey garlic, they put the competition to shame.  Every succulent bite will silence you as you appreciate both the ideal thinness of the pork and the standout flavor.  They also serve it intelligently in bite-sized pieces.
It was a very hot day when we visited, and you should know this cuisine to us was really spectacular on a hot day.  Peachy Deegan must look like she's tired so Bill asked her if she wanted to try iced coffee!  It was incredible.
It arrives like this, and the coffee is from Vietnam.  It's wonderful and it did wake up Sleeping Beauty who is highly dependent on caffeine early in the morning.
Another new item for us was Chinese broccoli, above, Cai Ro Xao Nam, which is sauteed with black mushrooms in garlic sauce with mustard greens.  It is the stems, not the head of the broccoli and the greenery will delight you.
Bill also insisted we try the Pho Ga, which is truly outstanding.  Another genius combination -and you will not believe how well these flavors combine.  Traditional rice noodle beef soup in beef broth hosts bean sprouts, jalapeno, lime and basil and grilled marinated chicken arrives on the side that you will add.  Traditionally we understand this is eaten for all three meals a day in Vietnam so we tried it for breakfast the next day and it was still amazing!
Pho Saigon is Terrific Takeout!
We can't wait to see what Bill does next.


Read more...

@rollroycemedia #blackbadge #rollsroyce @wynnlasvegas @SPEEDVEGAS #SPEEDVEGAS ROLLS-ROYCE MOTOR CARS TO HOST GLOBAL BLACK BADGE WRAITH DEBUT AT SPEEDVEGAS Fully-Immersive, Multi-Day Experience to Begin on July 24 Our Coverage Sponsored by Paul Mayer Attitudes


Paul Mayer's luxuriously, comfortable designs keep women coming back for multiple -- even dozens -- of pairs. Classic, yet contemporary and always comfortable, his shoes are an addiction that we highly recommend. A staple of the Paul Mayer collection is the simple ballet-flat, with true ballerina construction for a perfect fit that comes in a variety of colors and materials. A cult favorite is the cozy, a flat with lavender-scent infused soles adding style and fragrance to collector's closets as Paul's designs emerge in sophisticated design incarnations season after season in the most incredible hues, textures and modern innovations in luxury footwear because we know firsthand how incredibly brilliant he is. Mayer founded the brand in 2004 with partner, Jeff Levy. All shoes in the line are manufactured in Spain’s Valencia region, along the Mediterranean coast by a skilled staff of 12 artisans. They craft each pair of shoes with an old-world attention to detail that includes in-house embroidery, quilting and stitching as well as custom tanned leather. This allows the brand to cater to each retailer’s specific demands in with timely and consistent alacrity, with orders completed in an unheard-of 3 to 5 weeks. When not in New York, Paul can be found traveling to his myriad of stores across the country meeting his loyal clientele or vacationing in his favorite spot, the Royal Hawaiian on Waikiki Beach. 

Paul Mayer is a Mover and Shaker: 





***
The Rolls-Royce Black Badge Wraith makes its official global drive debut to a select group of media, VIPs and executives from around the world on Sunday, July 24. The group will be hosted by Forbes Travel Guide Five-Star Encore and Wynn Las Vegas, which also boasts the largest fleet of Rolls-Royce Phantoms in North America and SPEEDVEGAS, the brand new, first-of-its-kind, designed and built supercar track experience. The debut will take place at SPEEDVEGAS, the award-winning $30 million motorsports complex, where the Black Badge Wraith will be driven on its Formula One-inspired 1.5 mile track. 

Rolls-Royce describes the Black Badge as "an aspect of the brand that appeals to those people who are elusive and defiant, the risk takers and disruptors who break the rules and laugh in the face of convention. They play hard and they change the world. Technically and aesthetically Black Badge is the alter ego of Rolls-Royce: darker, more assertive, more confident and powerful and more demanding.” Black Badge Wraith is the most powerful Rolls-Royce in the world, delivering a phenomenal 624bhp (465kw), this car is already the most powerful Rolls-Royce in the world. But with engineering enhancements Black Badge delivers even more excitement. Torque is increased to 870Nm, handling is more dynamic and contact with the road intensified for a thrilling driving experience.

Attendees will be the first to witness the Black Badge Wraith's stunning performance as it drives around SPEEDVEGAS track during this complete Las Vegas experience. The Black Badge Wraith's performance will be put to the test as its driven on a track that features 12 sweeping turns, 15 degree banked turns, 60 feet of total elevation change and a half-mile straightaway. In addition, attendees will receive exclusive information regarding the car's engineering and driving characteristics from Rolls-Royce Motor Cars executives and engineering team.

During their stay in Las Vegas, the group will experience Wynn's unique clubs featuring the hottest entertainment, cutting edge technology and the most luxurious spaces that have put Wynn on the map as the ultimate party destination. XS Nightclub features the newly unveiled, multi-million dollar redesign that includes state-of-the-art technology and top-of-the-line production elements like pyrotechnics, LEDs, lasers and an in-the-round DJ booth that can be seen from anywhere in the club. The plush indoor atmosphere of Surrender Nightclub radiates with energy and the intimate setting is embodied by the club’s signature icon: a 90-foot snake that winds over the back bar. The newest nightclub at Wynn, Intrigue, offers 14,000 square feet of stunning interiors and high-energy excitement bathed in state-of-the-art light and sound.

"We had the opportunity to go anywhere in the world but we chose Las Vegas as the city that best suits the Black Badge lifestyle. Wynn Las Vegas features the world's finest in entertainment while SPEEDVEGAS' track is perfectly suited to show the world’s media what the Black Badge Wraith is capable of. We're looking forward to an unforgettable launch," says Richard Carter, global director of communications, Rolls-Royce Motor Cars.

ABOUT ROLLS-ROYCE MOTOR CARS
Rolls-Royce Motor Cars is the premier luxury brand in the word, producing Bespoke Motor Cars for clients in Goodwood, UK, “The Home of Rolls-Royce.” The brand delivers around four thousand exclusive vehicles each year through more than 130 retail partners. Nearly every Rolls-Royce motor car delivered features Bespoke design, including Phantom, Ghost, Wraith and the just launched Dawn Drophead Coupe. Black Badge, is a permanent Bespoke Series for Ghost and Wraith models and will be available late in 2016.

ABOUT WYNN LAS VEGAS
Wynn and Encore Las Vegas are two luxury hotel and casino resorts on the Las Vegas Strip. The iconic travel destinations are operated by international resort developer Wynn Resorts, recipient of more Forbes Travel Guide Five Star Awards than any other independent hotel company in the world. Wynn Las Vegas opened on April 28, 2005 and has been recognized as the best resort in Nevada on Condé Nast Traveler’s “Gold List” for six consecutive years. The resort features 2,714 lavish guest rooms and suites, more than 111,000 square feet of state-of-the-art casino space, 14 casual and fine dining restaurants, a spa and salon and an on-site 18-hole golf course. Wynn Las Vegas is home to Le Rêve – The Dream, the aquatic and aerial theatrical experience named Best Show in Las Vegas for six consecutive years, and Steve Wynn’s ShowStoppers, a production with 35 singers and dancers and a full 31-piece on-stage orchestra composed of quintessential numbers from some of the most celebrated composers and lyricists to ever grace American theater stages. Encore, an expansion of Wynn Las Vegas, opened on Dec. 22, 2008. Featuring an additional 2,034 all-suite accommodations, a 72,000-square-foot casino, five restaurants and a spa and salon, Encore is located adjacent to Wynn Las Vegas. Combined, the two resorts boast four distinct nightlife and day club experiences, including Intrigue debuting April 2016, approximately 283,000 square feet of meeting space and 98,000 square feet of retail space. For more information on Wynn and Encore Las Vegas, visitwww.wynnpressroom.com, follow on Twitter and Instagram at @WynnLasVegas andwww.facebook.com/wynnlasvegas.

ABOUT SPEEDVEGAS
SPEEDVEGAS is the new, award-winning 100-acre motorsports complex. Guests at SPEEDVEGAS experience the world’s most sought-after muscle cars and exotic supercars from Porsche, Ferrari, Lamborghini, Audi, Corvette and more. The $30 million SPEEDVEGAS experience features an impressive 1.5 mile (2.4 km) Formula One-inspired racetrack comparable to top circuits in the world and includes 12 sweeping turns, 15 degree banked turns, 60 feet of total elevation change and a half-mile straightaway. In addition, the 20,000-square-foot, 2-story welcome center features indoor and outdoor observation decks, food and beverage selections at a well-appointed café, meetings and event space and much more. SPEEDVEGAS is located on Las Vegas Boulevard South, just 10 minutes from the world-famous “Welcome to Las Vegas” sign (Exit 25 on Interstate 15). Learn more at speedvegas.com, Twitter,Facebook and Pinterest (#SPEEDVEGAS, #SPEEDVEGAS2016). 

Read more...

On Dreams, by Harriet Tubman

"Every great dream begins with a dreamer. Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world."
– Harriet Tubman

Read more...

The Met to Host MetFridays: Extreme Measures on July 22 Our Coverage Sponsored by Table D’Hote


Led by Executive Chef and Owner Bill Knapp, Table D'Hote is among the most elite and coveted culinary destinations of Manhattan's prestigious Upper East side. Reminiscent of a French countryside in ambiance paired with locally sourced ingredients that entice guests to return again and again, Table D'Hote is truly an undiscovered gem to those that have not yet started to frequent this venue. Bill graduated from The Culinary Institute of America in 1994 and has worked at several established restaurants in New York City including The "21" Club, Patroon, and Bryant Park Grill, before making his way to Danny Meyer's and Tom Colicchio's famed Gramercy Tavern. On September 9th, 2011, Bill re-opened Table d'Hote in New York City, at 44 East 92nd Street, a well-respected establishment since 1978. By executing great dishes with a seasonally inspired menu and maintaining a subtle ambiance, Bill impresses all that travel from near and far with his extensive diverse New York experience, creative approaches, desire, and passion for food that culminates in a truly unparalleled dining experience.Whom You Know has Highly Recommended Table D'Hote:http://www.whomyouknow.com/2012/08/peachy-picks-table-dhote-our-coverage.html




***
The Met will explore the power of objects large and small at The Met Fifth Avenue this Friday, July 22, from 5 to 9 p.m., during MetFridays: Extreme Measures

Artists Steven Fragale and Deborah Lutz will lead drop-in drawing demonstrations of live models wearing dresses inspired by the exhibition Manus x Machina: Fashion in an Age of Technology. Nail art sessions by Lady Fancy Nails will be available to visitors on a first-come, first-served basis, and a wearable art activity to create extreme hair accessories will also occur in coordination with the exhibition.

Visitors can create a palm-sized astrological talisman inspired by the exhibition Court and Cosmos: The Great Age of the Seljuqs. (The exhibition will close on Sunday,
July 24.)

Performances of Indian classical music by Jay Gandhi (bansuri flute) and Ehren Hanson (tabla), and conversations with Museum staff regarding imposing architectural elements in the Charles Engelhard Court, the splendor of miniature painting in the exhibition Divine Pleasures: Painting from India's Rajput Court—The Kronos Collection, and some of the smallest and largest books in The Met library's collection will also take place as part of the event. 

A full list of MetFridays: Extreme Measures programming and activities at The Met Fifth Avenue is available on The Met website.

This Museum-wide MetFridays event is free to the public with Museum admission.


When: Friday, July 22, 5–9 p.m.

Where: The Met Fifth Avenue (at 82nd Street)

Read more...

Back to TOP