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Articles Archive for 14 March 2013

Brokers Weekly »

[14 Mar 2013 | One Comment | ]

Sales are underway at the Printing House, a one-time industrial property at 421 Hudson Street that has anchored the West Village for over a century.
Sixty of the building’s loft-style condominiums are being offered for sale at prices ranging from $1.5 million to $7 million.
“The strength and scale of the original building with its distinctive Italian Renaissance palazzo-style façade has been infused with a rustic modernism that respects and enhances its history,” said Andrew Kotchen, founder and principal of workshop/apd, the building’s master designer.
“We’re thrilled to have had a key role …

Brokers Weekly, Featured »

[14 Mar 2013 | No Comment | ]
Marketing Directors picks up three new Brooklyn assignments

The Marketing Directors has won three new rental property assignments in Brooklyn.

The firm will provide its development phase advisory service, marketing and on-site leasing staff at 250 North 10th Street in Williamsburg; 800 Union Street in Park Slope; and 282 South 5th Street in Williamsburg.

“There is tremendous demand for rental product across Brooklyn, especially in Park Slope, Williamsburg and Brooklyn Heights,” said the firm’s Jackie Urgo. “Savvy developers are making the most of pent-up demand by creating measured, thoughtful marketing and lease-up programs that will enable them to achieve the greatest immediate and long-term value for their assets.”

Headline »

[14 Mar 2013 | No Comment | ]
Modified Hudson Square rezoning clears Council subcommittee

In the final prerequisite before facing a full council vote, a modified version of the proposed Hudson Square rezoning plan was approved by the City Council Land Use Committee on Wednesday.

The modifications will now create more affordable housing units than the original proposal and ensures a vote by the Landmarks Preservation Commission for a new South Village Historic District by the end of the year.

Deals & Dealmakers, Featured »

[14 Mar 2013 | No Comment | ]
830 multifamily units planned for Murray Hill

JDS Development Group purchased the 730,426 square foot development site located at 616 First Avenue from Sheldon Solow and intends to construct two multifamily towers there.

Brokers Weekly »

[14 Mar 2013 | No Comment | ]

Fox Residential is marketing the last remaining luxury condo at 52 Laight Street in Tribeca.
Only the penthouse is still available, said Gloria Sokolin, an executive vice president at Fox Residential Group who, with Judy Woodfin, senior vice president, spearheads the building’s marketing team.
The 2,761 s/f three bedroom, three-bath duplex has a 540 s/f terrace, a deluxe stainless steel kitchen, two separate wine cabinets with capacity of up to 300 bottles. There is a powder room and Miele washer dryer on the first level.
“The penthouse is very special,” said Sokolin. “Just …

Brokers Weekly »

[14 Mar 2013 | No Comment | ]

The Marketing Directors has been selected as the exclusive marketing agent for 67 Liberty Street, a 19-story luxury residential tower with 14, one and two-bedroom full-floor and duplex homes.
“Having successfully collaborated with The Marketing Directors on numerous projects, including 425 Fifth Avenue, Empire and Park Avenue Place, we know they bring a level of professionalism, market knowledge and development know-how that is not easily found in other firms,” said David Levine of 67 Liberty RCD LLC, the developer of 67 Liberty.
“Jackie [Urgo] and her team bring unparalleled expertise to the …

Brokers Weekly »

[14 Mar 2013 | No Comment | ]

Five27, Long Island City’s newest luxury condominium, has brought Modern Spaces on board as the exclusive sales and marketing team.
Harkening back to Soho’s architecture, with loft-style brick exteriors and large windows and low-rise plan, the development has been designed by Fogarty Finger.
The 27-unit condominium will be the last to receive tax abatement in Long Island City and will be one of two buildings coming on the market this year in a neighborhood where housing inventory is low.
Five27 will be located at 5-27 51st Avenue in Long Island City. Sales are …

Brokers Weekly »

[14 Mar 2013 | No Comment | ]

Low-income renters are in greatest need of Federal Emergency Management Assistance (FEMA), according to two new reports released this week by Enterprise Community Partners, Inc. and New York University’s Furman Center for Real Estate & Urban Policy.
The Furman Center report, “Sandy Effects on Housing in New York City,” focuses on New York City, while Enterprise’s “FEMA Assistance Analysis” examines the need for FEMA assistance regionally including in Long Island and New Jersey.
Enterprise’s report found that 45 percent of people requesting assistance in New Jersey following Hurricane Sandy report household incomes …

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