Opulence Unveiled: May Edition
As May arrives, New York City reveals its true vibrancy. The High Line offers a tranquil retreat with panoramic views, while the Brooklyn Botanic Garden remains a peaceful oasis just moments from the city's energy. From the sweeping greenery of Central Park to the sophisticated streets of SoHo, the city’s most cherished spaces are at their most captivating, inviting those who know and love the city to embrace the season's elegance.
In step with this seasonal vibrancy, the real estate market continues to thrive. According to April data, Manhattan’s average price per square foot rose to $1,589, reflecting an 8.7% increase year-over-year. Brooklyn also saw strong growth, with the average price per square foot reaching $1,231—up 9.1% from the previous year. These figures speak to the ongoing strength and desirability of New York’s market, where exclusive opportunities await both buyers and sellers.
As we move closer to summer, renewed buyer interest and limited inventory are setting the stage for a dynamic season ahead. Whether you're looking to buy, sell, or simply get a sense of your home’s current value, the Richard Steinberg Team is here to provide the expertise, insight, and dedication needed to navigate the market with confidence.
Upcoming Events
TEFAF New York Art Fair
May 9-13 | Park Avenue Armory
◆◇
The world’s most prestigious art fair returns to Manhattan this spring, bringing museum-quality works from 7,000 years of history to a single, dazzling venue. From rare antiquities and Old Master paintings to cutting-edge contemporary pieces, TEFAF New York offers a one-of-a-kind experience for collectors, curators, and culture connoisseurs in the heart of the city.
Sleeping Beauties: Reawakening Fashion
Opens May 10 | The Metropolitan Museum of Art
◆◇
Step into a world where time stands still and fashion breathes anew. Sleeping Beauties invites visitors on an enchanting exploration of garments from centuries past, reawakened through immersive displays and cutting-edge technology. With pieces ranging from 17th-century couture to avant-garde masterpieces, this exhibition is both a tribute to the delicate craft of clothing and a multi-sensory journey through history, beauty, and imagination.
BBG Spring Gala
June 3 | Brooklyn Botanic Garden
◆◇
Celebrate an enchanting evening in the Garden, honoring BBG’s legacy in environmental education. Proceeds support the Garden’s programs and collections, with a seasonal, sustainably sourced menu by Union Square Events.
State
Of Mind
A City in Full Bloom: New York radiates with possibility—art fairs open in grand halls, sidewalk cafés brim with conversation, and rooftops welcome golden hour gatherings. The city moves with style and purpose, inviting us to slow down, look up, and savor every vibrant, sun-soaked moment.
$82.5M Central Park South Sale Tops Manhattan Luxury Market
◆◇
In a standout transaction this spring, a full-floor residence at 220 Central Park South sold for $82.5 million, marking one of Manhattan's most significant sales of 2025. The 6,591-square-foot home, previously owned by the estate of philanthropist Diane Recanati, had been off-market for over six decades. The sale underscores sustained demand for premier properties with unparalleled park views and storied provenance.
◆◇
Featured Properties
Experience a glimpse into our highly sought-after inventory, where unparalleled luxury and captivating elegance await your discovery.
21 West 70th Street
6 beds • 5 baths • 4 1/2 baths • 7,157 sqft $4,995,000
550 Park Avenue 3W
4 beds • 3.5 baths • $5,400,000