Category : Residential

FeaturedResidential

Price per foot nudges towards $10,000 in top ten NYC condo sale list

REW
by REW1953
In the battle over ultra-luxury condo buildings in 2016, the top sales per square came down to old classic versus new development. Of the five most expensive condo sales by price per square foot, 432 Park Avenue claimed three spots while 15 Central Park West took the other two. A...
Residential

NEW DEVELOPMENT: Curtain goes up on luxury high rise; The Hamilton enjoys winter leasing rush

REW
by REW1528
● HALCYON DEVELOPMENT Hamilton enjoys winter leasing rush The Hamilton, a new rental development at 968 60th Street in Brooklyn, has leased over half its 92 apartments since September. Spanning the entire block between 60th and 61st Streets along Fort Hamilton Parkway, the 92-unit structure quickly attracted many prospective residents,...
Residential

Renters falling for Friedland’s new Flatiron arrival, 7W21

REW
by REW2008
Just over a year ago, 7 West 21st Street was a block-through parking lot in the middle of the bustling Flatiron District. Today, the address is the site of a luxury rental complex with two buildings that share an interior courtyard atrium. 7W21 was developed by Friedland Properties and designed...
Residential

DONE DEALS: $12M penthouse sale at Gale’s 21W20 tower

REW
by REW1641
BHS broker Rachel Glazer has just closed on the $12.35 million sale of Penthouse Two at Gale International’s luxury 21W20 in Flatiron. The 4,663 s/f full floor home, with a 75 ft. long, 525 s/f terrace, was bought by a local couple looking for more space for their family. “The...
DONE DEALS: Roundup of the week’s apartment sales
Residential

DONE DEALS: Roundup of the week’s apartment sales

REW
by REW940
MANHATTAN Lincoln Square 303 West 66th St. #9HE $1,180,000 Mint condition two bedroom one bath home with dining alcove and enclosed balcony at the Lincoln Guild. This bright corner apartment has north and east exposures with open city views from every room. The stunning kitchen has stainless steel appliances, dishwasher,...
Manhattan apartment prices break $2M barrier
Residential

Manhattan apartment prices break $2M barrier

REW
by REW774
The average cost of a Manhattan apartment has risen above $2 million for the first time. According to CityRealty’s annual Year-End Manhattan Market Report, the average price for an apartment – including co-ops and condos – rose to $2.2 million from $1.9 million in 2015. For the third year in...
Deals & DealmakersResidential

Gaia leads biggest sale of the year in Stamford

REW
by REW1979
A joint venture between GAIA Real Estate, French firm CAPSSA and Israeli investors Menora Mivtachim Insurance, Amitim Senior Pension Funds, Psagot Investment House has bought five luxury apartment buildings in Stamford, Connecticut. The buildings, which have a combined 1,214 apartments, were bought for $395 million. The towers in the portfolio...
Photo GalleryResidential

IN PICTURES: Rutenberg holiday party

REW
by REW2698
Charles Rutenberg LLC, hosted its annual holiday party at the Chester Downtown in the Meatpacking District. The celebration included Rutenberg brokers, agents and real estate industry veterans commemorating a successful year. Hillary Markowitz of Rutenberg LLC, gave a speech thanking everyone for their contribution to elevating Rutenberg’s standing in the...
Construction & DesignResidential

NEW DEVELOPMENT: Extell launches leasing at 555TEN; Escobar adding style to 222 East 44th

REW
by REW2159
● BLDG MANAGEMENT Escobar bringing creative vision to 222 East 44th tower Interior designer Andres Escobar is bringing his creative vision to 222 East 44th Street, the 41-story tower being developed by BLDG Management. Escobar, working with Handel Architects and executive architect SLCE, will be responsible for the design of...
Experts dispute Airbnb’s impact on housing supply and rental rates
FeaturedResidential

Experts dispute Airbnb’s impact on housing supply and rental rates

REW
by REW1490
Public officials across the country have been blocking short term-rental platforms like Airbnb, saying that such services strain housing supply and push up rents. These claims may soon be up for reassessment as new evidence points the other direction. According to Zillow’s latest Home Price Expectations Survey, a majority of...