December 18, 2024
What Up Family?
Welcome to The Edit with Aaron Seawood, a lifestyle letter serving a weekly dose of real estate, culture, and wisdom—all in three minutes or less. Let’s dive in.
Real Estate Remix
Over a year ago, NYC introduced a bill that made renting an AirBnB significantly harder. Recently, there’s been talk about walking back on some restrictions. For reference, before the original bill was introduced, NYC had about 23,000 AirBnB options. Last month, there were just 3,700. The bill updates would increase the guest limit from two to four and allow homeowners to rent out their homes while on vacation (previously, they had to live there while renting it out, meaning you couldn’t supplement income while on vacation). While the regulations initially intended to preserve the affordability of long-term rental spaces, it doesn’t seem to be working. Plus, it puts undue pressure on tourism prices. In September, the average cost for a hotel room reached its highest nightly rate at $417/night. I’m hopeful these adjustments lead to the solutions we need that give homeowners an avenue for additional income while ensuring rental inventory and prices reflect a fair market value.
NYC Insider: What’s Happening This Week
I look forward to checking out the Brooklyn Museum’s recently opened exhibit, ‘Solid Gold’. It coincides with the museum’s 200th anniversary (!!) and features over 500 gold objects, including fashion, jewelry, paintings, sculptures, and more. Gold has symbolized beauty, honor, joy, ritual, success, and wealth throughout the years, influencing cultures and legacies worldwide. The holidays feel like a good time to visit, but if you can’t, you’ll have time to catch it in the new year since the exhibit runs until July.
Weekly Gem 💎
Growth Isn’t Glamorous
Shoutout to Daryl Black for this gem. Most people talk positively about growth and the upsides of leveling up, but people don’t often skip over how hard growth can be. How unglamorous. Growth is a process of stretching, breaking, and letting go, and it comes at a cost—often to the detriment of our comfort, mindset, and relationships. But growth is essential. This process enables us to mature and shape us for what’s next. Now ask yourself, ‘Am I willing to ensure discomfort for destiny’?
The Best Homes on the Market This Week
Here are three of my favorite fly listings in NYC across all price points. Because Team Carte Blanche is all about the people, not the price.
$34,950,000 6 Bed | 6.5 Bath Tribeca Wowing at every turn, this triplex connects two levels of living space with 3 balconies and a rooftop terrace across 7,300 SF of designer-finished interiors. The private elevator, herringbone hardwood floors, walk-in closets, and views complete the allure. Listed by Jim St Andre |
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$5,500,000 2 Bed | 2 Bath Hudson Square Located in a historic and intimate Beaux-Arts building known as the Spice Warehouse (at the crossroads of Tribeca, SoHo, and the West Village), this unique pre-war condo penthouse combines loft living with a private, lush outdoor roof. Listed by Stephen Ferrara |
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$1,495,000 2 Bed | 2 Bath Clinton Hill After entering via a keyed elevator, this home offers abundant natural light flowing in from the floor-to-ceiling windows. It also has an expansive living area, a chef’s kitchen, and an open layout perfect for entertaining. Listed by Alex Fincham |
Before you go…
🎁: If you’re struggling (like me) to find the perfect gift, the comment section of this video has some pretty amazing ideas!
🎨: I found this short video interesting to watch. Is creativity dead?
🚂: This family bought an abandoned train car for $3,000. It’s now an Air BnB that brings in $90K/year. Tour it here!
🌊: Gowanus has big new development plans. What are your thoughts on this??
🌴: Are you an adventurous traveler? This tool helps you find under-the-radar destinations—it’s perfect if you’re looking to get away and go somewhere you haven’t seen all over Instagram.
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Looking to Buy, Sell, or Rent? Let’s talk.
Like I ask GOD every day, who can we help next?