Category : Residential

Long Island housing market posts seventh straight Q2 price hike
Residential

Long Island housing market posts seventh straight Q2 price hike

REW
by REW1497
Long Island’s housing market is on a winning streak. According to Douglas Elliman’s latest market report, the median sales price in the peninsula rose by 5.6 percent year-on-year to $404,000, marking the seventh consecutive second quarter of growth in the area. During the period, Long Island’s average sales price also...
Residential

Finish date in sight for Tishman Speyer’s Jackson Park highrise trio in LIC

REW
by REW2584
Tishman Speyer has unveiled new renderings for Jackson Park, its trio of high-rise luxury rental towers with over 1,800 apartments and 120,000 s/f of indoor and outdoor amenities including a private, 1.6-acre park. Located along Queens Plaza South and Jackson Avenue with views of Manhattan, Queens and Brooklyn, Jackson Park’s...
Residential

HAVE YOU HEARD? Bohemia backs local artists; CLP awards scholarships

REW
by REW1662
Bohemia Realty Group is sponsoring an exhibition of work created by Laurie Markiewicz and James “BlusterOne” Alicea, entitled LOCAL TRAVEL’RS. The collection, which highlights drawings and photographs inspired by daily life in the city, opened last week at the firm’s Harlem office at 2101 Frederick Douglass Blvd. “We support the...
Residential

NEW DEVELOPMENT: HFZ nears end of Chatsworth restoration; One-time cinema becomes luxury rental

REW
by REW3750
● HFZ CAPITAL GROUP Chatsworth restoration nears completion HFZ Capital Group is nearing the completion of the restoration of The Chatsworth. Built in 1904, restoration of the Beaux-Art building began in 2015. John Simonlacaj, HFZ’s Managing Director of Development, said The Chatsworth is being modernized with the features and amenities...
Residential

DONE DEALS: Roundup of the week’s residential sales

REW
by REW1470
After a false start, Citi Habitats broker Brian Morgan was able to help an international purchaser find his perfect home in the Big Apple. Morgan recently sold unit #16E at 340 East 23rd Street (pictured top) for $1,750,000 to a buyer who thought the home was initially out of reach....
Residential

Heiberger’s TOWN opening office in Vornado’s West Side tower

REW
by REW1367
TOWN Residential is moving to Midtown West. The luxury services firm founded by Andrew Heiberger has signed a 14,000 s/f lease at Vornado’s 888 Seventh Avenue. TOWN is relocating from the Crown Building at 730 Fifth Avenue. The firm operated out of that building for six years, however, it had...
How Trump’s budget cuts will hurt New York’s Section 8 housing tenants
FeaturedResidential

How Trump’s budget cuts will hurt New York’s Section 8 housing tenants

REW
by REW2175
The Section 8 Housing Voucher Program, which was designed to help families move out of public housing and homeless shelters, is an important cog in the city’s affordable housing strategy. It allows low and moderate income residents to rent homes in the open market, with families paying just 30 percent of...
NEW DEVELOPMENT: Sales start at Greenpoint’s tallest condo; Lefrak’s Murray Hill rental opening
Residential

NEW DEVELOPMENT: Sales start at Greenpoint’s tallest condo; Lefrak’s Murray Hill rental opening

REW
by REW2170
● LEFRAK Hotel-to-rental conversion set to open LeFrak is converting the former Affinia Hotel in midtown into a luxury rental building. The developer just released renderings of the Murray Hill Marquis, a 37-story hotel-to-rental conversion at 150 East 34th Street. The property will be converted by affiliates of LeFrak, which is...
Residential

DONE DEALS: Price record among this week’s residential sales

REW
by REW1615
Corcoran’s Kristina Ojdanic just set a new price per square foot record at 245 Park Avenue South, the popular Gramercy condominium. She sold the two bedroom, 2.5 bath corner loft #6D for $3.295 million, or $2,328.62 psf. The previous record, for a penthouse sold in May, was $2,284 psf. The...
HAVE YOU HEARD? Topher Grace lists West Village apartment; $76,000-a-month rental turning heads
Residential

HAVE YOU HEARD? Topher Grace lists West Village apartment; $76,000-a-month rental turning heads

REW
by REW1250
Actor Topher Grace has listed his West Village apartment for $4.25 million, according to Luxury Listings NYC. According to the apartment’s Realtor.com listing, the loft, located at the fourth floor of 59 Bank Street (pictured top)was “renovated to offer modern conveniences while retaining the pre-war charm of the building’s industrial past.”...