Category : Residential

New Development: Art Deco-inspired offering
Deals & DealmakersResidential

New Development: Art Deco-inspired offering

REW
by REW4718
● Ceruzzi Properties Art Deco-inspired offering Ceruzzi Properties has announced that its offering plan for The Centrale has been declared effective.  Designed by Pelli Clarke Pelli, this 71-story Art-Deco-inspired property at 138 East 50th Street features facets of terracotta chevrons and crystalline switchbacks. The Centrale has 124 homes with exclusive sales...
Igluu steps in to the fray: Startup promises more broker-friendly business model
FeaturedResidential

Igluu steps in to the fray: Startup promises more broker-friendly business model

Sabina Mollot
by Sabina Mollot3494
Igluu, an apartment rental and sales listing service startup, is hoping to court home buyers away from StreetEasy with the launch of an online portal and accompanying app the company’s CEO says will be aimed at empowering brokers. While the site already displays listings — at one point around 50,000...
Residential

Cuomo takes aim at deed fraud in Brooklyn

REW
by REW2398
Governor Andrew M. Cuomo has called on the New York State Department of Financial Services to launch an investigation after a troubling report described instances of deed fraud and deceptive practices targeted at homeowners in Brooklyn. The governor has also asked that the Department’s Foreclosure Relief Unit provide assistance to...
Citi Habitats teams up with TheGuarantors
Residential

Citi Habitats teams up with TheGuarantors

REW
by REW2851
Citi Habitats has formed an alliance with financial technology firm TheGuarantors – designed to help streamline the apartment leasing process for the firm’s rental clients. TheGuarantors provides lease guarantee services, security deposit alternatives and renters’ insurance. The two companies will work together by collaborating on events and marketing initiatives. Recent...
Brokers Weekly asks: How has politics impacted the sales market and how significantly?
Residential

Brokers Weekly asks: How has politics impacted the sales market and how significantly?

REW
by REW1985
Aleksandra Scepanovic, managing director of Ideal Properties GroupAmerica’s macro political stage, strongly shaded by the news of the trade war with China, impacts New York City’s softening housing market both directly and indirectly. Directly, by further diminishing the interest of Chinese real estate investors in their once so loved spurious...
235 Grand pushing the boundaries as urbanites stretch out
FeaturedResidential

235 Grand pushing the boundaries as urbanites stretch out

Linda O'Flanagan
by Linda O'Flanagan2893
Jonathan Kushner’s Grandma used to tell him, “When things are going right, don’t ask why.” But when asked why his newest Jersey City rental had leased up 75 percent of its 549 units in just four months, he couldn’t resist: “The Grove Street neighborhood, leading into Liberty Harbor, is the...
FeaturedResidential

Clothing for closings: Stylist advises agents how to dress for success

Sabina Mollot
by Sabina Mollot4260
When apartments are being shown to potential buyers, it’s a given that appearances matter, from the home itself being staged to perfection to the appearance of the broker or agent tasked with selling it. In particular when marketing higher-end apartments, brokers must manage to look as polished as the properties...
Residential

DONE DEALS: Roundup of this week’s residential sales

REW
by REW2200
DESPITE having plenty of competition within the Upper East Side building where they were marketing a two-bedroom, 2-bath condo, Allison Chiaramonte, Tania Isacoff Friedland and Victoria G. Hersh of Warburg ultimately closed the $3,195,000 deal by focusing on differentiating their listing. “We were on the market during the same period...
New Development: NJ Bat Factory will become 268 apartments
Residential

New Development: NJ Bat Factory will become 268 apartments

REW
by REW4571
● Russo Development NJ Bat Factory will become 268 apartments Construction to transform the site of the former “Bat Factory” property into Russo Development’s Vermella East, its third apartment community in Kearny, is underway. The developer Edward Russo celebrated the groundbreaking for the 268-unit project during a ceremonial column signing...