Category : Residential

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IN PICTURES: 520 Park Avenue launch

REW
520 Park Avenue, the new luxury residential tower by Zeckendorf Development with Global Holdings and Park Sixty LLC, was officially launched with champagne and hors d’oeuvres on Wednesday, September 30, and Thursday, October 1,  at the 520 Park Avenue Sales Gallery at 650 Madison Avenue. The 54-story limestone tower will be the...
Residential

Eklund and Gomes are kings of Westchester castles

REW
Fredrick Eklund and John Gomes have been tapped to sell a collection of uber luxury Westchester estates. Greystone on Hudson will feature 21 two to five-acre cutom-built estates priced from $5 to $25 million. Developer, Greystone Mansion Group, has unveiled two custom estates in the enclave.  Offering panoramic Hudson River...
Residential

New Listings: Three-bedroom at 115 Spring Street for $6M, Chelsea apartment for $1.2M

REW
John Barbato at Stribling has a new listing in the boutique co-op building at 115 Spring Street in Soho. It’s a 3,000 s/f three bedroom, 2.5-bath full floor loft with direct elevator access, 14 ft. ceilings, exposed cast iron columns and full-height double hung windows. The open plan great room...
Residential

Rich pickings at new midtown tower

REW
Appealing to the lowly millionaire whose net worth resides within seven digits, HFZ Capital’s 301 West 53rd Street offers the Hell’s Kitchen high life for a fraction of the price. The building, colloquially known as Fifty Third and Eighth, falls under the oxymoronic category of “affordable luxury,” making it an...
Residential

Boutique brokerages are not just thinking big, they are working big

REW
In the battle between the big guys and the little guys, the little guys are finally getting some swings in. In New York City, where large real estate brokerages are routinely closing unprecedented multi-million dollar deals, a contingent of smaller boutique players are successfully appropriating their share of the action....
Summer sales bring nice surprise
Residential

Summer sales bring nice surprise

REW
High temperatures are expected in the summer, but high sales activity in residential real estate is a surprise during the third quarter. “The fact that the pace of sales for the third quarter — which really is the slowest quarter in the sale market — was so vibrant, actually speaks...
Residential

Effort to improve transparency in mortgage forms has more pros than cons

REW
A new set of rules for mortgage brokers will take effect this month, and while the rules are aimed at transparency between lenders and consumers, some say it may slow down the process. The Truth in Lending Act (TILA) has been around since 1968. It was designed to safeguard consumers...
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IN PICTURES: Related’s Carnegie Park Fall Fete

REW
Last night, The Related Companies and Corcoran Sunshine Marketing Group hosted Carnegie Park’s Fall Fête event toasting the condominium’s top-selling brokers and brisk sales pace. Stephen M. Ross, Chairman and Founder of Related Companies, welcomed the crowd and announced the latest stages of development for the residential tower, which was...
Residential

Coldwell Banker signs Tom Ferry as coach

REW
Coldwell Banker Real Estate has aligned with Tom Ferry – Your Coach to deliver customized coaching program to Coldwell Banker affiliated agents. The Tom Ferry coaching program will be designed to complement and extend the offerings of the brand giving agents the opportunity to accelerate their success through voluntary participation...
WHO’S NEWS: Tsao jumps to BHS from Elliman
Residential

WHO’S NEWS: Tsao jumps to BHS from Elliman

REW
Brown Harris Stevens, the exclusive affiliate of Christie’s International Real Estate, announced that Kathy Tsao, an agent with nearly 20 years of experience, has joined its flagship Park Avenue office as a licensed associate real estate broker. Prior to joining Brown Harris Stevens, Tsao was a top-producing broker at Douglas...