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[21 Nov 2014 | No Comment | ]

The French government has been searching all over town for new digs for senior officials after selling its Park Avenue Embassy for $70 million.
A team from Keller Williams that includes Maura Jarach, Han Huang and Leisa Aras represented the Embassy in the sale of multiple New York City properties and has now purchased a portfolio of six properties intended for staff accommodations.
This week, Harriet Norris at Douglas Elliman announced she’d sold her listing at 60 East 13th Street to the Government of France for $4.3 million.
The modern, three bedroom condo …

Brokers Weekly »

[21 Nov 2014 | No Comment | ]

●Edward J. Minskoff Equities
Village gets its own French quarter
Edward J. Minskoff Equities has introduced the first luxury homes at its Paris-inspired conversion at 37 East 12th Street.
Douglas Elliman’s Madeline Hult Elghanayan, Dennis Mangone and Kirk Rundhaug (are handling sales and marketing for the homes, for which prices start at $9 million.
“Greenwich Village is filled with historic lore and world class architecture,” said Edward J. Minskoff. “Preserving the authentic façade and interior details of 37 East 12th Street helped us retain the building’s timeless elegance — the perfect blend of old-world charm …

Brokers Weekly, Featured »

[21 Nov 2014 | One Comment | ]
Virtual reality ready to revolutionize residential sales market

By Konrad Putzier
Beyond the balcony of this Miami Beach penthouse, behind beaches lined with palm trees, the Atlantic Ocean glistens in the dark.
Inside, a fire is crackling. A quick stroll through the apartment reveals a spacious kitchen, a bowl of fruit placed on the counter, and a bedroom with a magnificent four-poster bed.
The images are clear enough to make you think they are real — but they aren’t quite.
The apartment is a virtual replica on a TV screen that is navigated like a video game with the help of a …

Brokers Weekly, Featured »

[21 Nov 2014 | No Comment | ]
Blogged down with young clients is just the way Wu likes it

By Dan Orlando
Allen Wu, a native of Shanghai, is a young gun at Fenwick Keats Real Estate.
He has made so much noise already during his brief time with the brokerage that he captured the Stonehenge Summer Broker Challenge this year, an honor that carries a $10,000 reward to accompany the prestige.
“I was trying to get a job (in) the psychology field,” Wu said, admitting that real estate was not his original goal after he graduated from the City College of New York in 2013.
“I saw a show, which was Million …

Brokers Weekly »

[21 Nov 2014 | No Comment | ]

Citi Habitats announced that three real estate professionals have re-joined the firm as licensed salespeople.
Most recently, all three were agents at start-up brokerage Urban Compass.
Experienced agent Bobby Tolliver will be based out of the Greenwich Village office at 665 Broadway. In addition, business partners Ana Weisberger and Josh Thissell have formed the Weisberger-Thissell team and will work out of Citi Habitats’ Upper East Side location on East 84th Street.
Bobby Tolliver began his real estate career at Platinum Properties before moving in 2012 to Citi Habitats, where he thrived in both …

Brokers Weekly »

[20 Nov 2014 | No Comment | ]

The U.S. and China agreed last week week to issue longer-term visas for business, tourism and education for up to 10 more years with the goal of attracting up to 7.3 million people by 2021 (from 1.8 million in 2013).
The new agreement will result in an influx of people looking for apartments, as young professionals and students from abroad take advantage of new visas and need to rent, especially near major international hubs like New York City.
To effectively reach this new group of renters, leasing offices need to know how …

Brokers Weekly »

[20 Nov 2014 | No Comment | ]

Stefani Markowitz, 27,  the grand-daughter of Charles Rutenberg LLC co-founder Richie Friedman, has been named president of the firm.
Markowitz previously worked for The Heddings Property Group from 2009 to 2012, specializing in residential leasing and sales of condominiums, cooperatives and townhouses in Manhattan.
Following her tenure at Heddings, she joined The Modlin Group in 2013 where she focused on the luxury real estate market and ran the sales office of a Condominium conversion project in Chelsea.
“We are excited about the fresh and innovative perspective that Stefani will bring to the firm as …

Brokers Weekly, Photo Gallery »

[19 Nov 2014 | No Comment | ]

Photos by Patrick McMullan
Sales launched at 60 White in Tribeca, the latest project developed and designed by Veronica Mainetti, president of Sorgente Group of America. Hosted by Frances Katzen, Douglas Elliman, and Veronica Mainetti, the exclusive launch event showcased the space and hand-crafted, locally-sourced elements of this Tribeca landmark.  Notable attendees included Toni Haber, Luis Ortiz, Raphael De Niro, Darren Sukenik, Howard Lorber, Dorothy Herman, Susan de Franca, Ken Haber, and Stephen Kotler. Prices of the eight lofts are slated to start at $4.6 million, according to published reports.

Brokers Weekly, Photo Gallery »

[19 Nov 2014 | No Comment | ]

Photos by Richard Lewin
Executives from across the brokerage community turned out  to celebrate the release of The Penthouse at 515 East 72, a full-floor, 5,419-square-foot home with floor-to-ceiling windows, two terraces totaling 3,461 square feet, and 360-degree views of the city including the Empire State Building, Chrysler Building and East River. The listing is available for $18.5 million through Corcoran Sunshine Marketing Group, the exclusive sales and marketing agent for the property.

Brokers Weekly, Deals & Dealmakers »

[19 Nov 2014 | No Comment | ]

By Dan Orlando
Developer Francis Greenburger is riding the market’s upswing while the going is good.
“You never know when the bell is gonna ring here,” said Greenburger of market timing during a panel at the Massey Knakal Multifamily Summit last week.
“However, in our business you have to make money while the sun shines. You have to have enough money to survive when it gets really dark outside. So it’s kind of dual strategy. You have to choose your timing.”
Greenburger was speaking on a panel — moderated by Holland & Knight’s Stuart …

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