March-April 2020 Forecast: Spring Showers and Considerable Closings

Spring is in the air and so are big closings. While we navigate the economy and real estate during the time of COVID-19, these real estate deals are a testament to agents’ hard work and the desire of both buyers and sellers to continue to close transactions. In some cases, buyers are thinking it is safer to invest their money in real estate, rather than in banks. For example, Agent Maria Velazquez recently represented buyers who went into contract and closed on an all-cash New York City property, all in the very same day. Below are some of the biggest Douglas Elliman closings throughout our regions in March and April: New York City Address: 10 Riverside Blvd and 30 Riverside Blvd Closed on: April 10, 2020 Sold for: Close to $27,000,000 Represented Buyer: Maria Velazquez Long Island Address: 28 Shadetree Lane, Roslyn Heights Closed on: April 6, 2020 Sold for: $2,250,000 Represented by: Listed by Maria Babaev & Zachary Mazur | Sold by Allison Neyjovich Address: 272 Circle Drive, Manhasset, NY Closed on: April 14, 2020 Sold for: $2,950,000 Represented by: Maggie Keats & Jill Berman Queens Address: 35 Groton Street, Forest Hills Closed on: March 30, 2020 Sold for: $1,850,000 Represented by: Rachel Borut Hamptons Address: 26 & 32 Windmill Lane, East Hampton Closed on: April 10, 2020 Sold for: $45,000,000 Represented by Paul Brennan and Martha Gundersen Florida Address: 1,000 Museum, 1000 Biscayne Blvd, Miami Closed on: March 20, 2020 Sold for: $13,800,000 Represented by: Dina Goldentayer & Oren Alexander Connecticut Address: 25 Fox Run Lane, Greenwich Closed on: March 11, 2020 Sold for: $3,262,500 Represented by: Monica Webster Colorado Address: 630 Hyman Ave, Aspen Closed on: March 23, 2020 Sold for: $11,234,000 (highest recorded penthouse sale in Aspen for 2020) Represented by: Joshua Saslove and Riley Warwick California Address: 1722 W Oceanfront, Newport Beach Closed on: April 6, 2020 Bought for: $8,550,000 Represented the buyer: Christopher Parr Find your new home today.