Category : Featured

Construction & DesignFeatured

Architects rise to the occasion for Cake Boss, Buddy

REW Staff
TLC's hit television program "Cake Boss" has elevated Buddy Valastro and his family's Carlo's Bakery in Hoboken to cultural and culinary icons. Valastro is now expanding his baking empire, commissioning TPG Architecture to design a new bakery and café in Ridgewood, NJ. The 3,300 s/f project includes: retail area, café, "cake bar" where guests can watch decorators at work, full kitchen, dedicated client consultation areas and children's party room. Currently under construction, the bakery will open in late 2012.
FeaturedResidential

NYC home sales at highest since Lehman collapse

REW Staff
By Al Barbarino A string of third quarter reports show only slight declines in Manhattan’s residential pricing and a huge boost in sales activity, despite the lowest inventory in more than seven years. The average Manhattan apartment sale price of $1,377,630 was down 4 percent from the same period in 2011, but at 2,790, the number of closings was at the highest level in four years, according to a report from Brown Harris Stevens.
Deals & DealmakersFeatured

Railway vital for NYC, says Schumer

REW Staff
By Sarah Trefethen Amtrak’s $14.7 billion plan to bring new, high-speed trains into an expanded Penn Station does not call for the project to be completed for a number of years. But a tunnel entrance on the west side of Manhattan, where Related Companies is soon to begin construction on the Hudson Yards development, is an essential portion of the plan — meaning that portion of the project must be completed by 2014, according to Senator Charles Schumer (D-NY).
Featured

It’s official: world’s tallest observation wheel coming to Staten Island

REW Staff
The wheel will be built on the northeastern side of Staten Island and offer city residents and tourists views of the Lower and Midtown Manhattan skylines, the Statue of Liberty, Brooklyn, and the New York Harbor. At 625 feet, or 60 stories, it will be the world’s tallest observation wheel.
FeaturedResidential

Water tank apartment goes to contract

REW Staff
Melanie Lazenby and Dina Lewis at Prudential Douglas Elliman have gone to contract on the funky Greenwich Village water tank apartment. The tank (right) was turned into a “rooftop cottageˮ during a renovation by Messana O’Rorke Architects. It has its own central air, heat, cable, and 24 ft. ceilings and overlooks a wooden deck planted with trees and trellised vines.
FeaturedResidential

Real estate agent is a steal Magnolia from America’s heartland

REW Staff
By Al Barbarino Corlie Ohl doesn’t just sell apartments; she helps turn them into homes. Ohl, a 2006 graduate of the Parsons School of Design, worked for many years as an interior designer before joining Citi Habitats in 2010. The relative newcomer to the brokerage industry earned the distinction “Rookie of the Year” during her first year at the firm for her sales and rental prowess. “You work seven days a week in this job and your first year is the hardest thing you’ll ever do in your whole life,” Ohl told Brokers Weekly.
FeaturedResidential

Zeckendorfs eye another home-run with 18 GPS

REW Staff
By Holly Dutton A finished model unit is drawing curious buyers to 18 Gramercy Park where developers Will and Lie Zeckendorf are hoping to re-create the record-breaking success of their 15 Central Park West. The unit is the first completed apartment in the 17-story building, formerly the Salvation Army’s Parkside Evangeline residence for young ladies. Located at the corner of Gramercy Park South and Irving Place, the building directly overlooks Manhattan’s only private park, for which only residents hold a key.
FeaturedResidential

Reality TV kicks things up a notch for star brokers

REW Staff
By Sarah Trefethen Reality television allows those brave enough to step in front of the camera a chance to take that personal touch a step further, as television audiences around the world get to feel like they know the stars personally. “Potential clients recognize us, we’re familiar to them,” said Tom Postilo of CORE, who appeared in the first season of HGTV’s Selling New York. “We show up in their living room and we’ve already been in their living room because of the TV show.”