Category : Residential

FeaturedResidential

The fastest selling condos in Brooklyn so far this year

REW
by REW1658
Wondering where the hottest properties in Brooklyn are? Just take a look at the numbers. Buildings in Prospect Heights and Downtown Brooklyn took the top spots as the fastest-selling condo buildings in Brooklyn this year, based on number of days on the market, according to data from Streeteasy. The data...
WHO’S NEWS: Elliman rental specialist moves to William Raveis; Lina Viviano is new TOWN sales director
Residential

WHO’S NEWS: Elliman rental specialist moves to William Raveis; Lina Viviano is new TOWN sales director

REW
by REW3437
William Raveis New York City announced that industry veteran Otari (Terry) Bater is now leading its New York City rental division. Bater joins the firm from his previous post at Douglas Elliman, where he also specialized in rental transactions. Prior to that, Bater worked at residential brokerage Hecht Group for...
Residential

Alarm bell for landlords as NYC apartment vacancy hits new high

REW
by REW1179
July rents saw a dip, according to a monthly report from Citi Habitats. The biggest decline was for one-bedroom homes, where rents fell three percent month-over-month. Manhattan’s vacancy rate rose to 1.92 percent – the highest vacancy rate for July since the firm started tracking the rental market in 2002....
Residential

DONE DEALS: A king’s ransom in Crown Heights

REW
by REW3491
Ideal Properties Groupʼs Jennifer Rhodes and Erik Serras scored a king’s ransom on a Crown Heights “castle.ˮ The pair brokered a record-breaking price for Unit C at 1372 Dean Street, a fortress-like landmarked building, dubbed “The Castle” for its impressive brick façade and three-story curved turret. Built in 1888, the...
FeaturedResidential

A guide to the best New York City apartments for dog owners

REW
by REW3401
Everyone knows owning a dog in New York City can be tricky, especially in a city where apartments are often shoebox-sized and coveted outdoor spaces rare. Just this month, Wallet Hub released a report that named the city the worst for dog owners. The results were taken from a survey...
Extell partners with Chinese to build new super-tall tower on Billionaires Row
Construction & DesignDebt & EquityResidential

Extell partners with Chinese to build new super-tall tower on Billionaires Row

REW
by REW2536
Billionaires Row pioneer, Extell Development Company said it will partner with SMI USA (SMI), the US subsidiary of Shanghai Municipal Investment, to build Central Park Tower, a $3.0 billion supertall residential and commercial tower on 57th Street. Rising to 1,550 feet, Central Park Tower will be the tallest residential building...
FeaturedResidentialTechnology

For home buyers, move-in ready now means more technology

REW
by REW2447
Out with the old and in with the high-tech. A new survey from Coldwell Banker Real Estate LLC and Parks Associates found that Americans are thinking differently about “move-in ready” homes; they now want it to be “smart ready” too. According to the survey of 1,250 U.S. adults who have...
Residential

Hope Street’s Hendrik condos offer hassle-free Brooklyn living

REW
by REW1192
Hope Street Capital’s new Hendrik condominium project is offering would-be residents an escape hatch from townhouse living. The building, which is still under construction, is providing buyers the chance to bypass the inconveniences of living in Brooklyn while living in Brooklyn. “Not everybody wants to live in a townhouse,” said...
Residential

NEW DEVELOPMENT: DoBro building launches leasing, Village condo 40 percent sold

REW
by REW1569
● AVALONBAY Leasing underway at Downtown Brooklyn rental  AvalonBay Communities, Inc. announced the launch of leasing at Avalon Willoughby Square, 326 upscale rental apartment homes located in the heart of Downtown Brooklyn. The thoughtfully-designed residences occupy floors 31 to 58 in the 634-foot, 58-story apartment building. Residents of the high rise,...
Construction & DesignDebt & EquityResidential

Ironstate, Panepinto land $155M loan for second Jersey City apartment tower

REW
by REW1434
Holliday Fenoglio Fowler, L.P. secured $155.83 million in financing for the development of 90 Columbus, a 539-unit, 50-story, Class A apartment tower in Jersey City, New Jersey. HFF worked exclusively on behalf of Ironstate Development and Panepinto Properties, Inc. to secure the construction loan through a national commercial bank. The...