New Development
Featured new developments of the week
Category : Residential
Apartment recovery taking root as spring sales skyrocket
Following a flurry of sales at the tail end of 2012, entry and mid-level price range apartment contract activity is on fire.
Middle market cure for high-end housing hangover
After a rash of uber luxury home sales at the close of the fourth quarter of 2012, market analysts expect the middle market to thrive this summer. First quarter reports from major residential real estate firms show that apartment demand has remained very strong throughout the city, while supply sits at record lows.
Elliman stretching out in Flordia
Three leading brokers have joined Douglas Elliman as the company continues to expand in South Florida Pablo Alfaro and Daniel Tzinker will now hang their licenses with Elliman while Horacio LeDon will become president of development marketing in Florida and senior managing director of development marketing New York. Alfaro, formerly...
Go big or go home
At Town Residential, no expense is spared to make clients feel like no expense has been spared. The offices and storefronts are plush and modern, with little touches of luxury at every turn. Visitors to the recently opened SoHo office are not just offered a drink of water, but invited to choose from the “international water bar,” which features dihydrogen oxide options from four European countries as well as the US. The brokerage is just two years old, but has already opened eight offices and boasts a roster of more than 450 representatives and staff.
One-time clown running rings around rivals
Many residential brokers come to real estate from different fields; often finance, business, sometimes the performing arts. But from the circus? Donna Bradbury did. The Citi Habitats broker went from making people happy as a circus performer and clown to making people happy by helping them find their dream homes. The one-time traveling circus performer and clown college graduate ditched her stilts and juggling balls for the world of real estate and hasn’t looked back.
REBNY to host Harlem Open House Expo
Potential buyers looking to get a peak at the hot Harlem real estate market will get their chance as the Real Estate Board of New York (REBNY) gears up to host its first-ever Upper Manhattan Open House Expo. REBNY brokers will host exclusive viewings of co-op, condo, and townhouse listings for sale in Harlem and give the community the opportunity to learn about the booming real estate market from experienced uptown brokers.
Mad men, loud sex and high heels … just another day at the office for Steve Sladkus
By Sarah Trefethen It’s just a regular Wednesday morning, but Steven Sladkus’ phone is ringing even more than usual. “I’m always busy, but I think it’s the phase of the moon or something,” he said. “All of the crazies are coming out of the woodwork.” Sladkus, a partner in the law firm of Wolf Haldenstein Adler Freeman & Herz, works with a team that serves as legal counsel to co-op and condominium boards across the city.
City land a hot property for apartment developers
As the New York City Housing Authority (NYCHA) faces a serious financial shortfall, the government agency has laid out a plan to lease land on the grounds of housing projects to city developers, in a bold attempt to generate revenue. NYCHA is looking to bring in $50 million annually from developers who would build luxury high-rises on leased land in the middle of city housing projects.
Sales get underway at Printing House
Sales are underway at the Printing House, a one-time industrial property at 421 Hudson Street that has anchored the West Village for over a century. Sixty of the building’s loft-style condominiums are being offered for sale at prices ranging from $1.5 million to $7 million. “The strength and scale of...