Category : Residential

DONE DEALS: Social conscience
Residential

DONE DEALS: Social conscience

REW
by REW2921
Agents should never underestimate the power of social media, says Citi Habitats agent David A. Palmieri.   Palmieri recently found his clients their dream home at 1 Leroy Street, 2/3B after posting a video tour as an Instagram story.  The three bedroom duplex has 19 ft. ceilings, a wall of windows and French...
FeaturedResidential

Bracing for impact: Pending bills aimed at residential real estate have owners on alert

Sabina Mollot
by Sabina Mollot3189
There’s no question that 2019 was the year of the tenant, thanks to the sweeping rent reforms made through the implementation of the Housing Stability and Tenant Protection Act in Albany. However, there are still a number of bills floating around upstate as well as at City Hall that could...
Citi Habitats to become part of the Corcoran brand
FeaturedResidential

Citi Habitats to become part of the Corcoran brand

REW
by REW3020
On Tuesday, The Corcoran Group announced a merger with Citi Habitats, and the latter brokerage will now become part of the Corcoran brand. Though Corcoran had already acquired Citi Habitats in 2004, prior to the announcement, Citi Habitats had existed independently. The unified company will now operate as one, Pamela...
Residential

Done deals: High life on lower Lex

REW
by REW3533
Developer Ziel Feldman is celebrating a record-breaking sale at his 88&90 Lex. The chairman and founder of HFZ Capital Group just announced his firm has sold the last remaining penthouse in 90 Lex for $9,716,507.00 Originally listed for $11 million, the sale is the most expensive ever on lower Lexington...
Residential

New Development: Sales launch at Long Island City condo, Co-living company expands in Brooklyn

REW
by REW3343
● GBT Real Estate LLC Sales launch at LIC condominium Sales have officially launched for Eleven28, a new, six-story condominium, adding nine one-to-three-bedroom homes to Queen’s evergrowing Long Island City neighborhood. Queens-based brokerage Modern Spaces is exclusively handling marketing and sales for the building, where units range from $640,000 to $1.365M. Developing...
Kings of the Castle: Brokers believe Brooklyn is back as numbers inch up
FeaturedResidential

Kings of the Castle: Brokers believe Brooklyn is back as numbers inch up

Sabina Mollot
by Sabina Mollot2514
Home sales in Brooklyn have mirrored those in Manhattan recently, where the market is still correcting itself. But there are signs of better days ahead. Meanwhile, rentals in Kings County have remained strong, according to recently issued 2019 fourth quarter market reports. And with ongoing uncertainty clouding the sales sector,...
Manhattan market looking up: Correction persists, but brokerages are optimistic about 2020
FeaturedResidential

Manhattan market looking up: Correction persists, but brokerages are optimistic about 2020

Sabina Mollot
by Sabina Mollot2802
Manhattan’s floundering residential sales market is finally showing some signs of rebounding despite still being in a state of correction, new reports covering activity in the fourth quarter of 2019 are showing. Douglas Elliman’s report covering the borough showed that while sales fell down annually for the eighth tine in...
‘Trump’ unit sales take bigger hit than other luxe listings
Residential

‘Trump’ unit sales take bigger hit than other luxe listings

REW
by REW2766
In the three years since Donald Trump won the presidential election, the typical “Trump” branded condo (excluding those in New York City, where the data was unavailable) sold for an estimated $729,000 nationwide, according to a new report from Redfin. That’s 20 percent more than the typical sale price for...