Category : Residential

FeaturedResidential

Dermot Co. breaks ground on new rental tower

REW Staff
by REW Staff866
The Dermot Company, Inc. and its partner, the AFL-CIO Building Investment Trust (BIT), today announced the acquisition and groundbreaking of 21 West End Avenue, at the southwest corner of West 61st Street and West End Avenue. The 43-story building will be LEED certified and have 616 rental apartments, with over 30,000 s/f of amenities for its residents, a four-story New York City public school for children pre-kindergarten through 8th grade, and 23,725 s/f of retail space. “We’re very excited about bringing this special building to the Upper West Side,” said Stephen N. Benjamin, COO of The Dermot Company. 21 West End Avenue is the first building of the five-building Riverside Center Master Development plan approved in December 2010.
FeaturedResidential

Stribling scion takes reins at luxury brokerage

REW Staff
by REW Staff1151
ne of New York’s most prestigious family-owned residential brokerages, Stribling & Associates, has announced that Elizabeth Ann Stribling-Kivlan has been named president of the 32-year-old firm. Elizabeth Stribling, who founded the firm in 1980, will assume the role of chairman of her eponymous company. Kirk Henckels, head of Stribling’s luxury arm, Stribling Private Brokerage, is also taking the position of vice chairman of Stribling & Associates. “Stribling is more than a real estate company, it’s my home. That’s why it is such an honor to name my only daughter as president of the firm to continue my vision,” said Elizabeth Stribling.
Residential

Star-studded PAL board to honor Deepak Chopra with new humanitarian award

REW Staff
by REW Staff977
Six outstanding individuals will be honored at this year’s annual Police Athletic League Women of the Year Luncheon to be held on Monday, December 10th at the Pierre Hotel. The luncheon is chaired by Dolly Lenz, PAL Board Member, real estate guru and Douglas Elliman vice chairman. Liz Smith, the journalist and co-founder of wowowow.com will receive the Lifetime Award; Deepak Chopra, physician, best-selling author and leading authority on wellness will receive the inaugural Humanitarian Award; Patricia Altschul, philanthropist, Francine LeFrak, president of LeFrak Productions, Laura Desmond, Global Chief Executive Officer of Starcom MediaVest Group and Siobhan Schroth, Market Executive with Bank of America Merrill Lynch are also being recognized for their support of PAL’s mission.
Annual convention inspires Weichert Mazzeo team
Residential

Annual convention inspires Weichert Mazzeo team

REW Staff
by REW Staff870
Broker/Owner Jim Mazzeo and Realtors William Clark and Lydia Galloza, representing WEICHERT, REALTORS® – Mazzeo Agency in Manhattan, joined more than 600 Weichert real estate professionals from 35 states at the Weichert National Convention. Themed “Come Together,” the three-day event was held in Atlantic City, New Jersey, attended by members...
Residential

Halstead star bringing real estate to the masses

REW
by REW1730
Julia Boland is bringing real estate to New Yorkers’ fingertips – via iPad. The Halstead broker, along with her partners, recently created an interactive real estate iPad app, the first one ever to be made by a broker. The free app, called One212, a nod to Manhattan’s famous area code, is available to download from the iPad newsstand and has more than 5,000 followers on its twitter handle, @one212boland.
FeaturedResidential

Forget Furbies, holiday shoppers want a bargain on their new home

REW
by REW2737
As the holiday season cranks up, New York’s apartment sales market traditionally winds down. The good news for brokers is that those who are out Christmas shopping for new digs are serious buyers who have their eye on bagging a bargain. “If they find something they like, they’ll go for it,” said Jennifer Wilson, a broker at Keller Williams NYC. “It’s a good time for people to move apartments, and buyers to get a discount because there’s not as much competition.”
FeaturedResidential

Douglas Elliman saves the day for Marilyn Monroe, George Washington and Vincent van Gogh

REW Staff
by REW Staff971
After Hurricane Sandy swept through the Fraunces Tauvern Museum, residential brokerage Douglas Elliman stepped in to offer up its gallery space for an exhibition of historic documents. The collection, which includes 3,000 manuscripts and letters from figures ranging from Marilyn Monroe to Vincent van Gogh, goes on show Dec. 3 at 980 Madison.
Residential

Corcoran makes live-action move

REW Staff
by REW Staff1179
The Corcoran Group, New York’s premier real estate firm, announced today the airing of the company’s firstlive-action television commercial.  The commercial is part of a new multi-channel advertising campaign created to support and promote the launch of the company’s newly recreated website, corcoran.com. With this new advertising campaign Corcoran expands the range of creative executions to...
FeaturedResidential

Manhattan mega-rentals: Why buy when you can rent a New York super-home for $150,000 a month?

REW Staff
by REW Staff1090
Homeownership may be an American ideal, but not everyone with the means to buy a property chooses to do so. And far from being limited to budget-conscious offerings, Manhattan’s rental listings include some truly jaw-dropping properties. From 80 Washington Place in Greenwich Village (listed with Douglas Elliman for $95,000 per month) to 247 Central Park West on the Upper West Side (Sotheby’s International, $90,000 per month,) super-high end rentals can be found throughout Manhattan.
Residential

City nixes artist-in-residence reg

REW
by REW3178
In a rare move, the City Planning Commission allowed a developer to bypass the artist-in-residence restriction and sell residential condos to non-artists in a Soho building. The Commission granted Mercer 111, LLC a permit that effectively modifies a 1971 zoning law that requires buildings in the neighborhood to have an artist in residence. The zoning law has been a divisive issue for years, with developers eager to convert the spaces into luxury condos and artists in the neighborhood determined to hold their ground.