This month, we’re featuring a beautiful summer rental in Sagaponack, perfect for a peaceful Hamptons escape, along with an exciting new development in Miami blending luxury living with strong investment potential.
As we move into summer, inventory is starting to rise, but new listings typically slow down through Labor Day. If you’re thinking about selling, now is the ideal time to capture early summer interest.
Don’t miss our top picks for new restaurants, art openings, and summer events across NYC and the East End. From waterfront dining to outdoor concerts, there’s so much to enjoy right now.
Warmly,
Food & Food & Dining Dining
Camp Rubirosa
Dante Aperitivo Ferrane
Rubirosa, a well-known Italian American restaurant from Little Italy, is expanding to the Hamptons this summer with Brian Bedol's assistance. Camp Rubirosa (31 Race Lane, Easthampton) will feature two large bars, an extensive cocktail program, and seating for over 100, making it significantly larger than the original Manhattan location The menu will be similar to the NYC version Maria Pappalardo aims to expand the brand, building on her family's restaurant legacy, which includes Joe & Pat's in Staten Island since 1960
Dante, a team recognized multiple times as one of the “world’s best” bars, is set to launch a new location in the West Village this summer. This all-day restaurant will feature a full kitchen and raw bar, offering a delightful menu that includes seafood towers, half lobster with horseradish mayo, caviar tater tots, zucchini flowers stuffed with goat cheese, and pastas such as spaghetti with clams. As of now, a chef has not been publicly announced
Ferrane bakery was founded by Selim Adira and Emon Maasho, both of Swedish descent but with Moroccan and Eritrean roots, respectively The name "Ferrane" means “community oven” in Moroccan, reflecting their heritage. Their friendship formed through a Swedish expat group, united by a love for Swedish treats An annual tradition involved Maasho bringing semla pastries for Adira and friends, but in March 2024, they encountered long lines at the city's sole Swedish bakery
565 Broome Street, Soho
565 Broome SoHo features luxury condominiums that blend European luxury with SoHo's unique character The 30-story building offers serene living, stunning views of the city and Hudson River, and easy access to local amenities, designed by Renzo Piano Building Workshop alongside RDAI and Bizzi & Partners Development.
This magnificent 4,682square-foot residence at 565 Broome SoHo presents a flawless combination of elegance and contemporary luxury. Featuring 10-foot ceilings and beautiful 6-inch wide-plank white oak flooring, this bright fourbedroom home includes five bathrooms and one powder room. It offers stunning panoramic views of Midtown and the historic charm of SoHo, facing both north and east.
This exquisite 2,191-squarefoot residence at 565 Broome SoHo offers a seamless blend of sophistication and modern luxury. Boasting 10-foot ceilings and stunning 6-inch wide-plank white oak floors, this light-filled two-bedroom, two-and-a-half-bath home showcases breathtaking north- and east-facing panoramic views of Midtown and historic SoHo.
The residences at 565 Broome SoHo blend privacy and community, featuring custom-designed kitchens, spa-inspired bathrooms, and spacious living areas Amenities include a 55-foot indoor heated pool, fitness center, concierge service, and landscaped rooftop terrace. Residents also have access to a private lounge and library, creating a refined living experience
S
August 25 August 25 - Sept 2 - Sept 2 : $45,000 : th nd nd
Set on 1.2 acres near a serene reserve, this 8,000 sq. ft. home features 7 bedrooms and 6 baths across three levels. Highlights include a grand foyer, formal living and dining rooms, a spacious great room, and a chef’s kitchen with high-end appliances The primary suite offers a sunlit dressing room and a spa-like bathroom. The lower level includes a home theater and additional bedrooms Outdoors, enjoy a heated Gunite pool, BBQ areas, and expansive entertaining spaces in a beautifully landscaped backyard.
SPORTS & ENTERTAINMENT
THE WORLD'S TOP 10 HIGHEST PAID ATHLETES OF 2025
Forbes released its 2025 list of the highest-paid athletes.
1 Cristiano Ronaldo – $275 million (on-field: $225M, off-field: $50M)
2 Stephen Curry – $156 million (on-field: $56M, off-field: $100M)
3.Tyson Fury – $146 million
4 Dak Prescott – $137 million
5 Lionel Messi – $137 million
6.LeBron James – $133.8 million
7.Juan Soto – $114 million
8 Karim Benzema – $104 million
9 Shohei Ohtani – $102 5 million
10.Kevin Durant – $101.4 million
The list underscores the lack of women athletes and highlights the impact of social media and personal branding in sports earnings
MICHAEL JORDAN JOINS NBC AS SPECIAL CONTRIBUTOR TO THE NBA
Michael Jordan is returning to the NBA as a special contributor for NBC's coverage starting this fall. He announced his new role during NBC’s Upfront event, and the network expressed excitement about his addition This role is part of NBC’s long-term agreement beginning in the 2025-26 season, though specifics on his responsibilities remain undisclosed This marks Jordan's first television role since retiring in 2023, after a career featuring six championships and five MVP awards Additionally, it signifies NBC's return to NBA coverage for the first time since 2002.
THE OCEANGATE DISASTER' DOCUMENTARY
The OceanGate Disaster, directed by Mark Monroe, explores the 2023 Titan submersible implosion through whistleblower testimony, audio recordings, and early footage The documentary critiques OceanGate CEO Stockton Rush, suggesting his desire for recognition contributed to the tragedy that resulted in five deaths during a Titanic tour, aiming to uncover the decisions leading to the disaster
MARKET UPDATE
Making sense of the latest trends in property and economics from around the globe
The Bank of England sees limited impact from Trump-era trade disruptions, projecting just a 0 3% drag on GDP and 0 2% on inflation over three years A split vote on interest rates ranging from no change to a 50bps cut signals internal uncertainty, prompting markets to dial back 2025 rate cut expectations
While fixed mortgage rates have dipped below 4%, rising effective rates from expiring cheap deals may squeeze households and dampen the housing market House prices remain flat, supported by wage growth and affordability, though activity slowed after April's Stamp Duty cut Agents remain optimistic about future gains
Rental demand is strong amid shrinking landlord supply, pointing to further rent hikes Globally, rising Asian currencies, especially the Hong Kong dollar, have triggered central bank interventions, potentially boosting real estate demand as investors seek safe havens
GLOBAL SCALE IN ALLIANCE WITH KNIGHT FRANK
71 LANGUAGES SPOKEN
OVER 487 OFFICES IN 53 COUNTRIES
Key Insights:
Seller Leverage: Market cooling with a declining Pulse Index
Buyer Caution: Decrease in the Climate Ratio shows buyer hesitance
Supply and Demand: Stable supply, but 12% year-over-year demand increase in the $2M–$4M range; decreasing demand under $1M
Earlier this year had record-high prices per square foot, but a slight decline may occur due to seasonal and economic factors
Rental Market:
Competitive, with rents at $4,800, prompting some renters to consider buying under $1M Price Segment Overview:
Under $1M: Stable prices with minor fluctuations.
$1M–$2M: Modest gains possible
$2M–$4M: Favorable for sellers
Luxury over $4M: Expected price increases due to limited supply
Recommendations:
Sellers: Price competitively and highlight ownership value
Buyers: Stay patient, prepare for high mortgage rates, and negotiate effectively Strategic foresight on market shifts is essential for all participants this summer
Summer 2025 Manhattan Real Estate Preview
NEW DEVELOPMENT - SOUTH FLORIDA
T H E C L O U D O N E
H O T E L &
R E S I D E N C E S
W Y N W O O D
The Cloud One Hotel & Residences, located in Wynwood, offers a unique fusion of design, art, and hospitality with 85 loft-style condominiums. The architectural highlight includes 15 penthouse duplex lofts featuring 22-foot ceilings for a spacious feel
Developed in collaboration with renowned designers, the building reflects Wynwood's creative spirit and incorporates European influences, enhanced by an art program from Goldman Global Arts.
Exclusive Amenities
Residents can indulge in a range of exclusive amenities designed by MAWD, including:
A rooftop pool
Peaceful wellness spaces
Stylish lounges and co-working areas
A rooftop bar and restaurant
Personalized concierge services
All these offerings are curated by The Cloud One Hotels and their esteemed parent company, Motel One Group, based in Munich
This is not just a place to live it's a transformative lifestyle experience in Wynwood
VITA is truly transformative, offering an exceptional array of 121 condominium residences that range from one to three bedrooms. Each home is meticulously designed to enhance your quality of life and promote overall well-being. With bedrooms Each home is meticulously designed to enhance your quality of life and promote overall well-being With wellness as its foundation, VITA features a high-efficiency HVAC system that ensures a steady flow of comfortable, wellness as its foundation, VITA features a high-efficiency system that ensures steady flow of comfortable, filtered fresh air filtered fresh air.
VITA is truly transformative, offering an exceptional array of 121 condominium residences that range from one to three
Oversized triple-glazed windows: Allow natural light to illuminate your space while effectively blocking external noise
Select residences: Include curved corner windows and balconies that seamlessly connect indoor and outdoor
Oversized triple-glazed windows: Allow natural light to illuminate your space while effectively blocking external noise. Select residences: Include curved corner windows and balconies that seamlessly connect indoor and outdoor living
VITA also boasts integrated technology for effortless management of light and privacy, including Hunter Douglas VITA also boasts integrated technology for effortless management of light and privacy, including Hunter Douglas power shades, LATCH keyless entry, and an integrated Brilliant Smart Home System The primary bathrooms are power shades, LATCH keyless entry, and an integrated Brilliant Smart Home System. The primary bathrooms are transformed into serene sanctuaries, featuring thermostatic memory showers and elegant honed Grigio Trambierra transformed into serene sanctuaries, featuring thermostatic memory showers and elegant honed Grigio Trambierra marble mosaic flooring marble mosaic flooring
Starting Price: $1,250,000
Starting Price: $1,250,000
A L INGS
ALICE IN WONDERLAND EXHIBIT AT NEW YORK BOTANICAL GARDEN
The New York Botanical Garden’s Wonderland: Curious Nature exhibit blends Alice in Wonderland with botanical art across 250 acres Highlights include plant sculptures, a quirky garden, a rabbit hole, and a mycelium house. Open now through October 27, 2024, with seasonal updates.
NYBG’S
NEW VAN GOGH EXHIBIT
Experience the vibrant world of Vincent van Gogh at the New York Botanical Garden this summer. Open through October 26, the exhibition Van Gogh’s Flowers transforms the 250-acre garden into a tribute to the artist's love for nature, featuring a monumental field of sunflowers and contemporary installations. Visitors can stroll through immersive displays that bring Van Gogh's iconic works to life, including colorful floral artworks by Graphic Rewilding in the Conservatory and reflecting pools.
MACY’S 4 OF JULY FIREWORKS TH
Macy's 4th of July Fireworks Show will return to Brooklyn in 2025, launching from the Brooklyn Bridge and four barges on the East River The event features 80,000 shells, lasting 25 minutes with a variety of colors and effects, including new projection mapping on the Brooklyn Bridge. Performers like the Jonas Brothers, Eric Church, and Ariana DeBose will entertain before the fireworks, which will be accompanied by a custom musical score celebrating America's spirit Best viewing spots include areas with unobstructed views of the sky, such as the Time Out Market rooftop The show will also be broadcast on NBC and Peacock.
ARTS & FASHION ARTS & FASHION
POTENTIAL NOCTA X NIKE X CHROME HEARTS COLLAB
BASQUIAT’S EARLIEST KNOWN 'HEAD' DRAWING TO HIT SOTHEBY’S AUCTION
A rare Basquiat drawing titled “Untitled (1978)” will be auctioned at Sotheby’s, estimated at $100,000 to $150,000 USD This piece is the earliest known example of his iconic “Head” motif, created when he was just 18 Acquired directly from Basquiat, it has remained in the same private collection for over 45 years The ballpoint pen drawing features a distorted face and reflects the themes of Black identity, mortality, and cultural memory that characterize his later work. This auction presents a unique opportunity for collectors to obtain a significant piece of Basquiat's early art.
A potential collaboration among Drake's NOCTA, Nike, and Chrome Hearts has been teased, featuring a sample brown cap with camouflage, Chrome Hearts' “CH cross” motif, and an orange Nike swoosh The Instagram account @moreofnocta shared the image of the cap, found at Burlington, though no official confirmation has been made yet.
KLEIN VISION'S $1 MILLION USD AIRCAR SET TO HIT THE MARKET IN 2026
Klein Vision's AirCar will launch in early 2026, priced between $800,000 and $1 million USD It uniquely transitions from a street-legal vehicle to a certified aircraft in under two minutes, offering an innovative personal mobility solution that may alleviate ground congestion. The AirCar has completed over 170 flight hours and holds a Certificate of Airworthiness Designer Stefan Klein expressed pride in the vehicle, which merges aviation and automotive engineering, while co-founder Anton Zajac highlighted its potential in the growing global air mobility market, projected to reach $162 billion by 2034
