Category : Residential

Residential

Management system offers ClickPay

REW Staff
ClickPay Services, Inc., a provider of electronic payment solutions for the multi-housing industry, announced a partnership with software firm, MDS. Property owners that use the MDS Explorer system will now have the option to implement ClickPayRent — a service that allows tenants to make secure payments online and through mobile...
FeaturedResidential

NYC home sales at highest since Lehman collapse

REW Staff
By Al Barbarino A string of third quarter reports show only slight declines in Manhattan’s residential pricing and a huge boost in sales activity, despite the lowest inventory in more than seven years. The average Manhattan apartment sale price of $1,377,630 was down 4 percent from the same period in 2011, but at 2,790, the number of closings was at the highest level in four years, according to a report from Brown Harris Stevens.
FeaturedResidential

Water tank apartment goes to contract

REW Staff
Melanie Lazenby and Dina Lewis at Prudential Douglas Elliman have gone to contract on the funky Greenwich Village water tank apartment. The tank (right) was turned into a “rooftop cottageˮ during a renovation by Messana O’Rorke Architects. It has its own central air, heat, cable, and 24 ft. ceilings and overlooks a wooden deck planted with trees and trellised vines.
FeaturedResidential

Real estate agent is a steal Magnolia from America’s heartland

REW Staff
By Al Barbarino Corlie Ohl doesn’t just sell apartments; she helps turn them into homes. Ohl, a 2006 graduate of the Parsons School of Design, worked for many years as an interior designer before joining Citi Habitats in 2010. The relative newcomer to the brokerage industry earned the distinction “Rookie of the Year” during her first year at the firm for her sales and rental prowess. “You work seven days a week in this job and your first year is the hardest thing you’ll ever do in your whole life,” Ohl told Brokers Weekly.
FeaturedResidential

Zeckendorfs eye another home-run with 18 GPS

REW Staff
By Holly Dutton A finished model unit is drawing curious buyers to 18 Gramercy Park where developers Will and Lie Zeckendorf are hoping to re-create the record-breaking success of their 15 Central Park West. The unit is the first completed apartment in the 17-story building, formerly the Salvation Army’s Parkside Evangeline residence for young ladies. Located at the corner of Gramercy Park South and Irving Place, the building directly overlooks Manhattan’s only private park, for which only residents hold a key.
Residential

REM Residential acquires management firm

REW Staff
R.E.M. Residential has acquired LWL Associates, a boutique management firm that has been in business for over 40 years, announces Rick Elezi, president of R.E.M. The acquisition raises to 70 the number of buildings under R.E.M.’s supervision. “I have known the principals of LWL for 10 years, and have always...
Residential

Warburg expands on Madison Ave.

REW Staff
Warburg Realty, one of Manhattan’s oldest residential real estate companies, has announced plans to open a new corporate headquarters at 654 Madison Avenue. The new 7,000 s/f office at 654 Madison Avenue will occupy an entire floor designed by architect Chandler Pierce. The location will include a new training center for...
FeaturedResidential

Reality TV kicks things up a notch for star brokers

REW Staff
By Sarah Trefethen Reality television allows those brave enough to step in front of the camera a chance to take that personal touch a step further, as television audiences around the world get to feel like they know the stars personally. “Potential clients recognize us, we’re familiar to them,” said Tom Postilo of CORE, who appeared in the first season of HGTV’s Selling New York. “We show up in their living room and we’ve already been in their living room because of the TV show.”
Deals & DealmakersResidential

Meridian negotiates $50M loan for luxury apartment building

REW Staff
Meridian Capital Group has negotiated $49,950,000 in permanent financing for the  recently constructed Harrison Station luxury multifamily building in Harrison, NJ. The loan was arranged on behalf of Harrison Building 1 Urban Renewal LLC, a joint venture between Ironstate Holdings and The Pegasus Group. The 10-year Freddie Mac loan features...
Residential

Taconic taps PDE team

REW Staff
Taconic Investment Partners announced that Prudential Douglas Elliman is the new exclusive listing agent at MeadowWood at Gateway. Brian Meier, senior vice president of Prudential Douglas Elliman will head the onsite sales office at MeadowWood, composed of eight in-house agents. The change in sales teams at the property creates an...