Category : Residential

Residential

NEW DEVELOPMENT: Halstead prepares to launch sales at 498 West End Ave, E. Wburg building sets record

REW Staff
by REW Staff641
● Samson Management Sales set to launch at UWS conversion Samson Management and Halstead Property Development Marketing (HPDM) announced the pre-sales launch of 498 West End Avenue, a luxury condominium conversion. Continuing her long standing relationship with Samson Management, Louise Phillips Forbes will be the exclusive broker for the development....
Brokerages fined for turning away folks on Government assistance
FeaturedResidential

Brokerages fined for turning away folks on Government assistance

REW
by REW821
Three New York brokerages were forced to pay penalties in a settlement over alleged discrimination, the office of Attorney General Eric Schneiderman announced. Absolute Properties, Brownstone Real Estate and Destination Real Estate were accused of systematically turning down clients who receive public assistance – for example through the federal voucher program Section 8.
Residential

Architect Gene Kaufman is moving hippest place on earth to Bushwick

REW Staff
by REW Staff996
In response to continuing demand from the creative and artistic communities in Brooklyn for studio, gallery and work space, a new ground-up, six-story, 50,000 s/f mixed-use artist studio development, designed by Gene Kaufman Architect, P.C., is set to rise at 100 Bogart Street in the East Williamsburg/Bushwick neighborhood. The project...
LIC homes getting smaller as prices get bigger
Residential

LIC homes getting smaller as prices get bigger

REW Staff
by REW Staff721
In its recently released Q2 2014 market report that focused on trends in Long Island City and Astoria, residential brokerage firm Modern Spaces reports that the average home size in new developments — including studio, two-, and three-bedrooms — in Long Island City has decreased by 41 percent since Q1...
Shtainer’s a star who is always on the rise
FeaturedResidential

Shtainer’s a star who is always on the rise

REW
by REW1840
By Konrad Putzier Victoria Shtainer describes herself as someone who likes challenges, which helps explain why she plans to leave the brokerage business within the next three years. “I don’t see myself in the same career for a long period of time,” Shtainer said, adding that she might switch to...
FeaturedResidential

Brokers join the ALS bucket list

REW Staff
by REW Staff586
TOWN Residential, a luxury real estate services firm, participated in the ALS Ice Bucket Challenge to raise funds and awareness for ALS research. Amyotrophic lateral sclerosis, or ALS, is a progressive neurodegenerative disease that affects nerve cells in both the brain and spinal cord. The ALS Ice Bucket challenge began in Massachusetts with former Boston College baseball player Pete Frates. Frates, who was diagnosed with the disease in 2012, poured a bucket of ice water over his head and challenged friends and family members to do the same within 24 hours or donate $100 to ALS research. Through social media, the initiative quickly went viral.
Residential

Elliman: Healing economy boosts rents

REW
by REW579
July proved to be another strong link in the chain for the Manhattan, Brooklyn, and Queens rental markets according to reports from Douglas Elliman. There is an obvious catalyst for the markets strong price points and rising demand. “There’s a supply issue,” said Luciane Serifovic, Elliman’s Director of Rentals. “That’s...
Residential

No broker required; Website looks to cut out middle man

REW
by REW804
If brothers Isaac and Omer Polka are successful, New York City’s rental brokers could soon have a much harder time finding business. Their website Zenly, launched in June, hopes to connect renters and landlords directly, without the help of brokers. The site advertises apartments much like brokerages do, with the added benefit of a video tour. But if potential tenants want to tour an apartment, they are asked to make an appointment with the landlord via the website.
Related turns yard crasher pulling High Line into Abington House
Residential

Related turns yard crasher pulling High Line into Abington House

REW
by REW1164
By Dan Orlando Since officially opening its doors in April, Abington House is near 70 percent capacity. Situated against the High Line, the 312-unit rental is the newest addition to the evolving West Chelsea neighborhood. “The pace of the renting has been very fast,” said Daria Salusbury, senior vice president...
Brokers, builders slow to respond to New York roommate economy
FeaturedResidential

Brokers, builders slow to respond to New York roommate economy

REW Staff
by REW Staff995
By Marissa Petrullo Young Wall Street professionals aren’t usually considered financially vulnerable. And yet last fall, developer Steven Witkoff openly worried that his son — a Wharton grad about to enter finance — would have a hard time affording a Manhattan apartment. Like most young New Yorkers, he would most...