Category : Residential

FeaturedResidential

New York home prices definitely on way back up

REW Staff
The New York State housing market continued to build on its early 2013 momentum with April gains in closed sales, median price and pending sales, according to the housing market report released today by the New York State Association of REALTORS®. Duncan R. MacKenzie, NYSAR CEO, said, “We believe that as prices continue to increase, sellers, who have been waiting for the market to swing to their favor, will come off the sidelines to help meet buyer demand.”
FeaturedResidential

Florida’s hot again

REW
By Orlando Lee Rodriguez For many a New Yorker with origins in the Mediterranean, the Caribbean or South America, the southern portion of Florida, particularly Dade, Broward and Palm Beach counties, have offered an opportunity to continue living in the United States while enjoying a familiar climate and community. This, of course, in addition to the multitudes of New York-bred retirees whose voices make places like Fort Lauderdale sound like pre-hipster Brooklyn. Now while everybody from Flatbush to Parkchester knows at least one person who has packed up for Florida in recent years, it is those coming from chic neighborhoods of Manhattan or tony suburbs like Scarsdale, Greenwich and Bronxville who are making the second home market in South Florida sizzle.
Residential

Have you heard…

REW Staff
Iron Chef Michael Symon sells his Soho penthouse, plus what's up with the penthouse at One-57?
Condo board tells residents to “Butt out”
FeaturedResidential

Condo board tells residents to “Butt out”

REW
By Orlando Lee Rodriguez First S-Klien, then needle park and now cigarettes. In another testament to change in Union Square and how New York has changed, homeowners in Zeckendorf Towers, the 29-story, 647-unit building constructed on the site of the defunct S-Klien Department Store, voted overwhelmingly to become a entirely smoke-free residence last week, sending the Marlboro, the Newport the way of the old Union Square. That is a big change from the 1970's when the site of Zeckendorf was an abandoned hulk of a building, Union Square was full of drug addicts and you could smoke basically everywhere and anywhere you wanted to.
Residential

City launches new e-garbage service

REW Staff
Sanitation Commissioner John J. Doherty last week launched “e-cycleNYC,” a new electornics re-cycling program for multiple-family buildings. In partnership with Electronic Recyclers International (ERI), the department is recruiting buildings with more than 10 units to enroll in the program that will allow residents to easily fling out their old televisions,...
Residential

Condo developers shop around for right retailers

REW
By Holly Dutton When the casual dining chain Denny’s announced it wanted to open its first Manhattan restaurant at the base of the luxury condo at 150 Nassau in the Financial District, the residents went berserk. They filed a string of complaints with their Community Board — which had been petitioned by Denny’s for support for a wine and beer license — and told the website DNAinfo: “We do not want a Denny’s in this building. Maybe a high-end coffee shop or a restaurant, but not a Denny’s — people who live here are definitely angry about it.” While the Denny's lease is in limbo, the issue of what retail is right for the base on New York city's apartment buildings is not a new one for developers, many of whom have been credited with revitalizing whole swathes of the city thanks to wise choices in mixed-use planning.
FeaturedResidential

Graduates getting a taste of real life as city rental market is squeezed tight

REW
By Orlando Lee Rodriguez An annual New York City ritual usually happens around this time, recent college graduates pour into town, degrees in hand, clutching their suitcases and money for their first big city apartment. At the same time, those who arrived last year or the year before, face their own dilemma — to look for a new place or stay put, as their leases expire en masse. For rental brokers, this is a time to clean up, or make up for a slow winter. But this year things are different. Rent rates have remained flat and existing tenants facing some of the lowest vacancy rates in years, are choosing to renew their leases rather than risk a very tight rental market.
Residential

Have you heard…

REW Staff
Penelope Cruz and Javier Bardem go apartment hunting in Brooklyn; RE/MAX -cofounder Dave Liniger's extraordinary journey and; Abandoned Angels get a helping hand from apartment developer.
Have you heard…
Residential

Have you heard…

REW Staff
TOP agents from Douglas Elliman in Long Island will join director Baz Luhrmann for a private screening of his film The Great Gatsby tonight (Wednesday). The brokerage is a sponsor of the annual Gold Coast International Film Festival, host of the event. The film is based on F. Scott Fitzgerald’s...
East River park plan takes step forward
Residential

East River park plan takes step forward

REW Staff
A plan to turn the East River waterfront into a green urban oaisis that will protect THE city against future storms took one step further last week. Manhattan Borough President Scott M. Stringer and Assemblymember Brian Kavanagh formally unveiled the East River Blueway Plan – an ambitious proposal to transform the waterfront from the Brooklyn Bridge to East 38th Street with amenities and protections.