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[18 Jul 2014 | No Comment | ]

Zeckendorf Development hosted a cocktail reception on the terraces of the newly completed condominium, 18 Gramercy Park, on June 18th, 2014. Originally built in 1927, 18 Gramercy Park is a modern classic that evokes the luxury and grandeur of some of New York’s finest cooperative landmarks in a historic downtown setting.

Brokers Weekly »

[18 Jul 2014 | No Comment | ]

Home buyers employed in social and digital media who purchased residences in Brownstone and North Brooklyn in the second quarter of 2014 increased 571 percent over the same period last year.
That’s the finding of the Profile of Home Buyers in Brownstone Brooklyn quarterly report released\ by Ideal Properties Group.
The finding was relatively similar to the previous quarter, with a slight drop of three percent.
The report also found an increase in IT fields, with purchasers up 93 percent over the previous quarter and 124 percent over the same time period in …

Brokers Weekly »

[18 Jul 2014 | No Comment | ]

Douglas Elliman Real Estate announced that Alan Nickman and Stephen O’Neal, both previously with Bellmarc Realty, have joined the firm as Nickman O’Neal & Associates, bringing along with them a team of real estate agents.
Nickman and O’Neal have worked together for over 15 years, and combined have decades of experience in virtually every market within the real estate industry.
Having handled deals for numerous property types including co-ops, condominiums, townhouses and single-family homes, Nickman and O’Neal are skilled in all phases of a real estate transaction.
Their business continues to grow with …

Brokers Weekly »

[18 Jul 2014 | No Comment | ]

The apartment you want isn’t for sale? No problem…
Sarah Son built a deal for a Soho one bedroom when the showing she originally planned headed south.
The buyer came with his broker, Michael Carioti of Corcoran, to tour Son’s 101 Warren Street listing.
Put off by the view, the buyer was ready to walk until Carioti discovered Son was also handling a rental at 505 Greenwich and asked her to reach out to the owner about potentially selling it.
“A deal was struck within couple of days, with no exclusive listing, just a …

Brokers Weekly, Featured »

[18 Jul 2014 | One Comment | ]
Yonkers luring young professionals with cheaper prices, proximity to city

By Dan Orlando
It’s no secret that the Baby Boomer’s brainchild, urban sprawl, started to lose steam when Millennials began leaving the nest and striking out on their own. Seeking the allure of culture, nightlife, and career opportunity the North East-based professionals have long been drawn towards the epicenter of Midtown, New York as opposed to away from it.
While surrounding neighborhoods, such as Brooklyn’s Williamsburg and Queen’s Astoria have already begun to teem with 20 and 30-somethings looking for affordable housing, it would be wise to not overlook the neighbor to …

Brokers Weekly »

[18 Jul 2014 | No Comment | ]

● Related Rentals/ Abington Properties
New High Line rental a hit
Related Rentals and Abington Properties that Abington House on the High Line is more than 30 percent leased, three months after it’s market launch.
“We are thrilled with the response from the marketplace to Abington House and the strong pace of leasing, ” said Daria Salusbury, senior vice president and head of luxury leasing for Related Companies.
“Discerning residents appreciate the superior service Related is known for, and the full suite of interior and exterior amenity spaces are unlike any residential offering in …

Brokers Weekly, Featured »

[18 Jul 2014 | No Comment | ]
No surprises here;  50 West is a big hit

By Dan Orlando
Times Equities has officially kicked off sales at the highly anticipated 50 West following a 30-day pre-launch when 57 of the 191 apartments were snapped up by buyers on a waiting list.
Francis Greenburger, chairman of TEI, said he’s thrilled, but not surprised by the response to the downtown skyline’s newest addition.
“It’s clear to us from our initial sales that buyers recognize the overall value proposition that 50 West represents — world-class views, design and amenities in the center of the New Downtown – at prices that are less …

Brokers Weekly »

[18 Jul 2014 | No Comment | ]

VETERAN broker Carmen Lee Shue is celebrating the 9th season of her Public Access show The Carmen Lee Shue Real Estate Show.
Time has moved shows airing on Channel 57 and moved them to Channel 1997 (three stations below NY!).
The show can now be seen every Monday night at 9:30 p.m. on Time Warner Channel 1997, RCN 84 and Verizon 35.
Don’t have a television? You can also watch the show worldwide every at the same time on MNN.Org.
“Thanks to the public for watching the show and making it a big success,ˮ …

Brokers Weekly, Featured »

[18 Jul 2014 | No Comment | ]
Sizzling summer market sends prices soaring

Sales activity and prices, as well as rents, saw huge increases in the second quarter of 2014, according to market reports from several city brokerages.

Pushed by low inventory and consistent sales growth, average sales prices in Manhattan were $1.68 million in 2Q, a 17.9 percent increase year-over-year from $1.425 million.

Brokers Weekly »

[16 Jul 2014 | One Comment | ]

Weehawken, NJ Mayor Richard F. Turner joined officials from the Township of Weehawken and Lennar, one of the nation’s largest home builders, on Tuesday ( July 15) to cut the ceremonial ribbon on the newest luxury condo building on the Hudson River waterfront: 1000 Avenue at Port Imperial.
The new, 74-unit building is the first of five Lennar has planned for its Manhattan-facing waterfront property within the Port Imperial master planned community.
Known as “The Avenue Collection,” the buildings will comprise luxury, for-sale condominium residences and hotel-like amenities and services in one of …

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