Category : Residential

FeaturedResidential

Long Island City gateway to a thriving Queens housing market

REW
Seven years ago, Halstead broker Robert Whalen moved from Manhattan to Long Island City, Queens. There was little retail there — not even a supermarket — and most people had never heard of LIC, or thought it was a schlep to get to. Nowadays, everyone knows about Long Island City,...
Attorney Adam Bailey plays leading role in housing crisis movie
Residential

Attorney Adam Bailey plays leading role in housing crisis movie

REW
Champion of the underdog. Best selling author. And now, real estate lawyer Adam Leitman Bailey can add screenwriter to his list of accomplishments. Founder of his eponymous firm, Bailey crafted legal storylines for the housing collapse movie, 99 Homes, starring Spiderman star Andrew Garfield and Boardwalk Empire actor Michael Shannon....
Why sell one co-op when you can sell the building?
Deals & DealmakersResidential

Why sell one co-op when you can sell the building?

REW
By Douglas Heller, partner, Herrick, Feinstein LLP Co-operative shareholders in New York have noticed, as have the rest of us, that prices for new condominium projects are incredibly high, and their ownership interests in buildings converted from rentals years ago are far less. There are obvious reasons for this. Some...
REBNY reports strong finish for 2015 residential sales
Residential

REBNY reports strong finish for 2015 residential sales

REW
New York City’s residential sales market rounded out a year of robust activity with slight growth in average sales prices and sales volume throughout the five boroughs in the fourth quarter of 2015, according to the Real Estate Board of New York (REBNY)’s Fourth Quarter Residential Sales Report. The total...
E&V powers into 2016
Residential

E&V powers into 2016

REW
The Engel & Völkers Group increased its commission revenues in the financial year 2015 by over $109 million, setting a new all-time record. Turnover rose by 36.4 percent to nearly $450 million. “Never before has the Engel & Völkers Group achieved such a high rate of revenue growth,” said Christian...
FeaturedResidential

Industry young gun Stefani Markowitz blazing a trail at the helm of Rutenberg

Linda O'Flanagan
With long blonde hair and model good looks, Stefani Markowitz could have been anything she wanted to be. Born in Manhattan and raised in Westchester, she grew up in a happy home filled with a bunch of kids, each encouraged to reach for their own star. Medicine was a mainstay...
Hockey star Lundqvist sells apartment for $4.95 million
Residential

Hockey star Lundqvist sells apartment for $4.95 million

REW
Score! New York Rangers star Henrik Lundqvist has sold his penthouse apartment in Midtown West for $4.95 million, eight years after he first purchased the unit for $3.95 million, according to city records posted today. The veteran goaltender first put his apartment on the market back in July of 2014, with...
Residential

Astoria tops Long Island City in fourth quarter sales

REW
Astoria, Queens, is primed to have a big 2016. The neighborhood often referred to as the most diverse city in the U.S., once again stood out from the crowd in Queens, seeing big increases in sales while the rest of the borough levelled out in the fourth quarter of 2015....