Category : Residential

FeaturedResidential

Rags-to-riches rise for Rapid Realty founder

REW Staff
A man of humble beginnings, as a child Anthony Lolli dreamed of bigger things. ANTONY LOLLI It was a promise that he made to his mother of a mansion to live in that set him on course to becoming the driving force behind one of the fastest growing real estate franchise companies in the country. In just over two years, Rapid Realty — a rental based firm — has grown from a single office in Park Slope, to 51 franchise locations in all five boroughs. The company recently opened its first location in New Jersey and has a second planned by the end of the year. By 2013, an ambitious Lolli says he will have 50 more locations across the nation in key markets like Los Angeles, Chicago, and Boston.
FeaturedResidential

Actress takes on new role at brokerage

REW Staff
Olinda Turturro — a member of the Turturro acting family otherwise know as the Barrymores of Brooklyn — has joined the ranks of A.C. Lawrence. She will serve as recruitment director for the growing bokerage led by Larry Friedman. Turturro — sister to Sopranos star Aida and cousin to John — has worked in brokerage for 30 years while taking acting gigs in movies like Ballad of Little Jo with Oscar Winner, Ian McKellan.
FeaturedResidential

Growing Hispanic population driving new community trends

REW Staff
By Liana Grey Not too long ago, Mexican families in East Harlem had to return home to buy an authentic tres leches, a sponge cake soaked in milk. Now, they can order the popular dessert at Mexico Lindo, a bakery on Second Avenue near 116th Street that also sells tacos and sandwiches. Like other shops along East 116th Street — Manhattan’s bona fide Little Mexico — the bakery not only appeals to East Harlem’s Hispanic community, but luxury diners in search of the kind of off-the-beaten track eating options popular on food blogs.
From Iraq to India, luxury development on the rise overseas
HeadlineResidential

From Iraq to India, luxury development on the rise overseas

REW Staff
By Liana Grey Two months ago, the Claremont Group, a development firm based on the Upper East Side, broke ground on its first luxury development overseas: a 1,600-unit gated community just outside downtown Erbil, the peaceful, pro-American capital of Kurdistan, in northern Iraq. The Atlantic, as the project is called, wouldn’t be out of place in a New York suburb. When complete in two or three years, it will have condos with oversized windows, a collection of two-story townhomes, and wide, tree-lined boulevards.
Plex appeal doing it for Crown Heights renters
FeaturedResidential

Plex appeal doing it for Crown Heights renters

REW Staff
After renting their last Brooklyn project in just one day, the developers of the new Crown Heights rental, The Plex, are upbeat about the building’s prospects in today’s new market. “We are getting a good response from the area, the neighborhood is receptive; we’re starting to build up the neighborhood and everyone surrounding the project has been very excited,” said Jessica Peters, the Prudential Douglas Elliman broker who’s handling leasing at the 98-unit building at 301 Sullivan Street.
Residential

How Caroline Bass makes it work

REW Staff
By Linda O’Flanagan By all accounts, Caroline Bass’ career in real estate should have been an unmitigated disaster. She was 22, grew up on a farm and had virtually nothing in the way of liquid assets. She was paying $725 a month to share an apartment with three Craigslist roomates...
FeaturedResidential

Kids, pets welcome

REW Staff
By Liana Grey Jamella Swift, a broker at Citi Habitats, lives in Bedford-Stuyvesant, Brooklyn, and often handles listings there. Lately, she’s sold a handful of two-bedroom condos and brownstones to young professionals ready to start families. The neighborhood’s quaint historic district is particularly attractive to parents priced out of Park Slope. The average apartment in Bed Stuy — currently the most-searched Brooklyn neighborhood on Trulia — is listed at $478,732.
Deals & DealmakersFeaturedResidential

Teaching to the converted

REW Staff
BHS SELECT leader Shlomi Reuveni has broken the bogey hovering over New York's housing market, selling 75% of the Stahl Organization's pricey Laureate in just six months. As he gets set to tackle his next big project, Read57 in Tribeca, Reuveni reveals that there is no big secret to his success ...
FeaturedResidential

Turning shabby into chic with the click of a mouse

REW Staff
By Liana Grey Not long after Vince Collura, president of Gotham Photo Company, launched a virtual staging service, a broker asked him to touch up a listing that was too cluttered to attract buyers. No less than 85 picture frames adorned the living room walls. Another agent called when a seller refused to stow away half-packed boxes during photo shoots and open houses. “Depersonalization is very important,” said Collura. “Sometimes sellers aren’t willing to clean, remove diplomas from the den or children’s artwork from the fridge.”
Mr. Moinian goes to Beijing
FeaturedResidential

Mr. Moinian goes to Beijing

REW Staff
By Roland LiJoseph Moinian’s W Downtown Hotel & Residences occupies a parcel in Lower Manhattan that overlooks the World Trade Center, a visible reminder of the changes in the area. Less apparent are the advantages of the building’s south view, which faces the converging Hudson and East Rivers. When Moinian was planning the condo and hotel building, designed by Gwathmey Siegel & Associates and the interior firm Graft, he brought a feng shui consultant to ensure that rooms conformed to Chinese beliefs of space and aesthetics.