Further, since this data was released, rising mortgage interest rates have slashed buyer purchasing power, reining in home price increases across the board.īut the point is: homebuyers are finally returning their gaze to urban job centers.
For example, from the end of 2021 through March 2022, the pace of annual home price increases rose in urban areas: However, beginning in 2022, the annual increase of urban home values is finally rising. During that time, annual home price increases in urban areas remained positive, but mostly flat-to-down, reflecting steady demand for urban homes alongside the ultra-competitive housing markets found in the suburbs.
Previously, the suburbs were leading the way in annual home price increases, rising each month through most of 2020-2021. But now that the tide is shifting, California’s urban job centers are once again gaining traction. Without the pain of a commute, Californians sought cheaper, more spacious (inland) areas of the state. The remote working aspect of the pandemic enabled many homebuyers to live in a different area than they actually worked. While social distancing measures made urban living less desirable during the pandemic, recent data is confirming the past two years were an anomaly. (Patti Ann’s dishes $8-$28.The Pandemic Economy skewed home sales in 2020-2021, with home values skyrocketing across the state - but especially in the suburbs. Call it a cocktail or call it a float: an enormous Easter-egg-green swirl of vanilla ice cream blended with crème de menthe and crème de cacao, finished tableside with a splash of Fernet-Branca. On a recent visit, the acoustics were criminal and the spaghetti was a touch shy of al dente, but the Grasshopper, a play on the classic, creamy after-dinner drink, was spot on. A spinoff of Emmett’s, in SoHo, which offers a Chicago-style Italian beef sandwich in addition to deep-dish pizza, the significantly swankier Grove Street iteration is modelled on a mid-century Midwestern supper club, with a red-sauce bent and a focus on Chicago’s lesser-known thin-crust, square-cut tavern pizzas. (The fact that my grades were lower didn’t help.) For a more adult taste of Chicago, you could try Emmett’s on Grove, in the West Village. On another night, without the kids, the whole shtick was slightly less charming. With the check comes a “report card,” assigning your table grades for subjects including Manners, Clean Plate, and Mathematics. (“Chef Greg is in the Midwest at a Cracker Barrel with his parents as we speak!” a server reported.) There is no kids’ menu the whole menu is suitable, theoretically, for kids-except, of course, for a list of cheekily named cocktails, such as the Summer Break (a prosecco spritz) and the Parent Teacher Conference (Scotch-and-soda with umeboshi).Ĭheekily named adults-only cocktails include, from left to right, Summer Break (a prosecco spritz), Spirit Week (mezcal with hibiscus), and Ditch Day (rum and banana).įor dessert: baby’s first float, a generous scoop of dense vanilla ice cream served in a frosty Dad’s Root Beer stein, with a glass bottle of the soda (first manufactured in Chicago, now sourced from Indiana) to pour on top. “Feel free to make a mess!” a host urged genially, as my son made a beeline for shelves displaying an enticing array of picture books and toys.īaxtrom, who grew up on a farm south of Chicago, named Patti Ann’s after his mother, whose home cooking and general eating habits inspire much of what is offered here. Crayons and activity books were dropped with the menus. A pair of stylish high chairs materialized immediately. At 5 P.M., I unleashed my brood-son, three years old, and daughter, eleven months-on its spacious, cheerful dining room. Do small children belong in restaurants? On a recent Saturday, I decided to test the premise of a new place that seems to invite them in: Patti Ann’s Family Restaurant and Bakery, the latest Prospect Heights venture from the chef Greg Baxtrom (known for Olmsted and Maison Yaki, both nearby), complete with stroller parking.
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