Category : Residential

Construction & DesignResidential

Cantilevering condo building coming to Chelsea

REW
Chelsea is about to welcome one more architectural oddity, as B+B Capital announced plans for a cantilevering condo tower at 251 West 14th Street. The top three floors of the 11-story tower will lean over a neighboring townhouse, enabling the developers to squeeze more square-footage out of the narrow site. Designed...
Jonathan Kushner makes investment in residential brokerage
Deals & DealmakersFeaturedResidential

Jonathan Kushner makes investment in residential brokerage

REW
Kushner Real Estate Group and Ironstate Development are investing in residential brokerage, Modern Spaces. As a result of the investment, Modern Spaces aims to expand significantly over the next couple of years throughout New York City and into other markets like Jersey City, where KRE and Ironstate currently operate thousands of units and have over 5,000 units under construction. Together, KRE and Ironstate have built more than 2,000 condominium and rental apartments in the Tri-State Region together.
Related Companies names Stephen Earle as senior vice president and creative director
Residential

Related Companies names Stephen Earle as senior vice president and creative director

REW Staff
Related Companies announced that design executive Stephen Earle has been named senior vice president and creative director. In the newly-created role, Mr. Earle will lead the firm’s interior design efforts on residential developments. Stephen M. Ross, chairman and founder of Related Companies, said, “I am thrilled to have Stephen join...
Corcoran’s executive vice president to retire
Residential

Corcoran’s executive vice president to retire

REW Staff
The Corcoran Group, a leading residential real estate brokerage, announced today the retirement of Executive Vice President, Director of Sales Tresa Hall. A 31-year real estate veteran, Hall spent 25 years with Corcoran, most of them in management. The announcement of the February departure of the beloved and highly respected Corcoran executive was made by Corcoran President and CEO, Pamela Liebman.
Resales push Manhattan apartment sales to $5.4B fourth quarter record
FeaturedResidential

Resales push Manhattan apartment sales to $5.4B fourth quarter record

REW
In 2014, the thirst for inventory in Manhattan was quenched by a revitalized resale market and the results helped the borough maintain its 2.5-year streak of increased closing prices per square foot. Residential brokerage Urban Compass reports that the finale of 2014 saw Manhattan’s sales hit the highest Q4 total dollar closed sales volume ever, coming in at about $5.4 billion
Fox finds new Upper East Side home
Residential

Fox finds new Upper East Side home

REW
After 25 years on the Upper East Side, exclusive residential brokerage firm Fox Residential Group has moved its headquarters to 14 East 60th Street, between Fifth and Madison Avenues. The central location of the office is within close proximity to both the Upper East and West Side residential buildings, with...
Residential

Survey: Address book is agents real estate gold

REW
Despite spending an estimated $33 million securing new leads from site such as Zillow and Turlia, brokers view leads that their agents already have in their address books as being far more valuable. “A real estate agent’s best lead is organic,” said Renwick Congdon, chief executive officer of Imprev, a...
HAVE YOU HEARD… Stuy Town studios to rent for $3,000+
Residential

HAVE YOU HEARD… Stuy Town studios to rent for $3,000+

REW
Stuyvesant Town’s new studio apartments on Avenue C have hit the market. As we reported in September, several new studio apartments were built in the former management office building and terraces added to 11 new apartments. While all apartments in ST/PCV are technically rent stabilized, those that are renovated aren’t...
Deals & DealmakersResidential

Astoria site hits market

REW
Massey Knakal Realty Services has been retained on an exclusive basis to sell a development site at 30-55 Vernon Boulevard. The property is located between 30th Road and 30th Drive in the Astoria neighborhood of Queens. Ownership is requesting proposals. The development site consists of four tax lots which combine...
Douglaston unveils new Williamsburg waterfront tower
FeaturedResidential

Douglaston unveils new Williamsburg waterfront tower

REW
Douglaston Development has released renderings of its next project along the East River in Brooklyn’s coveted Williamsburg. Called,1N4th, the building is the newest and tallest luxury tower in the area, rising 41 stories high with 509 rental residences. The building is set for occupancy in the first quarter of 2015.