Category : Residential

Residential

Dog service unleashes new amenities

REW Staff
The Spot Experience, a fast-growing dog services provider, has launched a dog service amenity program for The Millennium Tower, the luxury condo near Lincoln Center. As part of the program, Spot offers an array of dog services to building residents, giving them full-scale access to both in-house and off-site pet...
Residential

Prudential Douglas Elliman broker oversees $24.55M Florida condo sale

REW Staff
Manhattan-based real estate agent Victoria Logvinsky has facilitated a $24.55 million condominium referral sale in Bal Harbour, Florida – the largest intercompany referral in the history of Douglas Elliman Real Estate. Senada Adzem of Douglas Elliman Florida Brokerage was enlisted to help with the sale for her knowledge of the marketplace. “This is an historic deal, not only for South Florida, but for the company,” said Douglas Elliman president and CEO Dottie Herman. “It's the power of our strong brand and our commitment to serving our consumer wherever they might purchase.”
Residential

Arabella introduced to residential market

REW Staff
The Dermot Company just announced that leasing has started at Arabella 101, a new rental building at 101 Avenue D in the East Village.   The 12-story building, designed by Cutsogeorge Tooman & Allen Architects, offers 78 affordable and market-rate rental apartments and is on track to receive LEED gold...
Facebook founder’s rock bottom mortgage rate all relative, say experts
HeadlineResidential

Facebook founder’s rock bottom mortgage rate all relative, say experts

REW Staff
By Al Barbarino News that Facebook founder Mark Zuckerberg, 28, obtained an obscenely low mortgage rate of 1.05 percent on his $6 million Palo Alto pad left everyday homeowners with their mouths ajar. Why, they asked, can a billionaire obtain a lower rate than everyday Jack and Jill can on their mortgages? Others asked why a billionaire — nearly 16 times over — would even need a mortgage on his home.
Residential

Manhattan prices show no sign of slowdown

REW Staff
By Al Barbarino The latest data from real estate data provider PropertyShark shows that a majority of the most expensive neighborhoods in the city are only getting more expensive. “Even though there are some slightly negative trends, the majority are either stable or positive, which is a good thing,” said Andrew Mcelhone, who oversees sales and marketing at PropertyShark. The data suggests that SoHo is the most expensive residential neighborhood in New York City, with median prices at $1,382 psf (despite just two percent year-over-year growth).
Residential

Sellers get a confidence boost

REW Staff
By Al Barbarino Declines in residential inventory in Manhattan, Brooklyn and Queens have caused significant price increases over the last year, giving sellers a confidence boost. Manhattan inventory dropped 19.1 percent, from 1,464 to 1,184, as year-over-year median pricing increased 15.4 percent to $1.5 million, according to the June 2012 New Development Report from StreetEasy.
FeaturedResidential

King of Queens has his eye on new turf

Sarah Trefethen
In 2008, Eric Benaim and Ted Kokkoris co-founded Modern Spaces, a brokerage that has grown from a single storefront in Long Island City to a 45-broker operation stretched along the shore of the East River, from Astoria to Williamsburg.
Residential

Gale scion returns to her roots

REW Staff
Katherine Gale, great granddaughter of Daniel Gale Sotheby’s International Realty founder Daniel Gale, has joined the organization’s Cold Spring Harbor, New York sales office. She joins one of the nation’s leading realtors as a licensed salesperson. “We are so pleased that Katie has chosen to join Daniel Gale Sotheby’s and...
Residential

Ex-Barak broker returns to BOND

REW Staff
BOND New York, Manhattan’s largest independently owned residential rentals and sales brokerage, has announced that Brian Dusseau, has returned to BOND after a short stay at the recently defunct Barak Realty where he was an executive vice president and director of rentals. Dusseau’s responsibilities as senior vice president at BOND...
FeaturedResidential

Why Tribeca is New York’s most expensive neighborhood

REW Staff
By Liana Grey Earlier this month, Taconic Investment Partners acquired a former tea and coffee warehouse at 71 Laight Street in northern Tribeca. By 2014, the development company plans to build 34 loft-style apartments, some as large as 5,400 s/f, which will be marketed by Sara Kallus of Prudential Douglas Elliman. 71 Laight, which will encompass the existing warehouse as well as a new, modern building designed by architect Morris Adjmi, is one of 13 new luxury condo developments rising in Manhattan’s priciest zip code.