The real estate market has continued to be strong and competitive in 2024, especially in the New York Metro area. As we enter a presidential election year, we are experiencing more of the same in real estate from 2023—a high-interest-rate environment but with slowing inflationary costs. Financial markets have experienced some of their strongest monthly returns over the last few months with markets (both
financial and real estate) poised to take off if interest rates fall. And we are waiting to see if we will have the soft landing that everyone hopes will soften any impact on the unemployment rate, housing values, and overall GDP growth. Despite all this noise, the single-family and multifamily markets in New Jersey and New York continue to be buoyed by the strength of our key industries and the desirability of our communities. Residents young and old could find many other states to call home, but there aren’t many better places to live and create businesses than NY/NJ. We will continue to invest—reinforcing our commitment to providing spaces that offer inspiration for your next real estate project, large or small. One market in which we are excited about expanding our presence is Summit, NJ. In early spring, we will open our fourth Kohler Signature Store on Springfield Avenue among Summit’s growing design community (next to Roots Steakhouse in the old Liss/Woolworth’s property). Read more about this soon- to-open store and a brief interview with our store manager Judy Rogoff (Kohler page 13). Our three Kohler Store locations (soon-to-be four) were among the first to debut the Kohler x Studio McGee line of faucets, lighting, vanities, and tile (tile from Ann Sacks). The line is an extension of the Shea McGee universe—she continues to expand beyond her design business and Netflix show Dream Home Makeover , and it has been one of the more popular Kohler rollouts in years (Kohler page 12). Through our feature on Hawthorne, NJ, and the surrounding areas where Bergen and Passaic counties meet, encounter one of the team members in our Hawthorne Showroom, Cheryl Basile (GPS page 35). Cheryl has years of experience within the industry across all of the brands and categories with which we partner. She is one of the many experienced designers with whom you can meet at our soon-to-be 14 GPS showrooms across NJ/NY. In this issue’s pages, our contributors have provided constant sources of inspiration from cover to cover. This spring issue touches on current color trends (GPS page 26) and design ideas for working with texture and shape (GPS Page 20). Designer Barclay Butera is also featured with a stunning project showcasing Kohler, Rohl, and Franke throughout (GPS page 36). Thanks for reading. We appreciate being a part of your home’s next project. Please visit us at any of our GPS Kitchen and Bath showrooms and Kohler Signature Stores. Best,
Best,
Justin Freedman, President
GPS SHOWROOMS BAYONNE BERGENFIELD FLEMINGTON GREEN BROOK HAWTHORNE LAKEWOOD MORRIS PLAINS ORANGE PISCATAWAY
TRADE LOCATIONS AVENEL DOVER MANAHAWKIN MIDDLETOWN MONTVALE NEPTUNE RIDGEFIELD STATEN ISLAND TENAFLY UNION
KOHLER SIGNATURE STORES EATONTOWN MANHASSET PARAMUS SUMMIT
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