Archive for the ‘LIC Real Estate’ Category

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A quarter of foreign buyers choose Florida

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
From the South Florida website: Of all the foreign real estate buyers in America, 22 percent are choosing Florida, according to a report by the National Association of Realtors. California came in second with 12 percent of the international market. The study looked at sales between March 2009 and March 2010, and found that buyers with permanent residences outside the United States spent almost $41 billion on residential property nationally, 4 percent of the total residential market. [more]


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A-Rod peeks inside Extell’s Aldyn

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
While Yankee's star Derek Jeter is in the process of selling his Manhattan pad teammate Alex Rodriquez may be on the prowl to make a new home purchase, according to the New York Post. A-Rod has reportedly been spotted touring luxury condos with girlfriend Cameron Diaz, most recently at the Aldyn, the new Extell Development condo building at 60 Riverside Boulevard on the corner of 63rd Street. The Yankees player reportedly looked at a 5,600-square-foot duplex on the 21st floor of the 286-unit building. [more]


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National market report

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
From the September issue: Idaho's capital city has seen median home prices plummet 34 percent from peak 2007 levels, according to the most recent data available, released by the National Association of Realtors last month. The median home price dipped to $140,100 in the second quarter, down from a high of $212,800. This, in turn, has led to a precipitous decline in construction and real estate job losses in Boise, which is home to a third of Idaho's residents, according to Bloomberg News. Unfortunately, there's bad news across the rest of the state as well: Foreclosure-related home seizures jumped 822 percent in the second quarter of the year, according to research firm RealtyTrac. Click here for more real estate news from across the country. Compiled by Amy Tennery


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Smashburger plans Brooklyn expansion

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
Chain eatery Smashburger is planning an expansion into Brooklyn, according to commercial real estate services firm Cpex Real Estate, which is representing the burger joint. Smashburger, which has numerous locations nationwide, including two in New Jersey, is known for its custom burger creations. While it's not immediately clear how many locations the chain restaurant plans to open, Cpex said it was looking for storefronts between roughly 1,500 square feet and 2,000 square feet in size. TRD


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$6 million East Village penthouse in contract after four years

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
After four years on the market, the penthouse unit at 6 East 1st Street has gone into contract, according to EV Grieve blog. The 3,700-square-foot triplex unit at the Brick House Condominiums, which sits between Second Avenue and the Bowery, had an asking price of $5.995 million and had also been available for a $25,000 per month lease. Halstead Property had first listed the apartment for $5.35 million in November 2006. [more]


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Retail broker Stephanie Snyder dies at 38

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
Stephanie Snyder, a tenacious broker who helped create the retail leasing arm of Crown Acquisitions but was equally known for a stylishness honed in the fashion magazine world, died Sept. 3 at age 38. On Aug. 31, Snyder had a heart attack while riding in a taxi to her Upper East Side apartment, according to her sister, Jennifer Snyder, 36. She slipped into a coma, Jennifer added, and died five days later. The cause of the heart attack is still under investigation, said Ellen Borokove, a spokesperson for the city’s chief medical examiner’s office. But Snyder had no obvious health problems and was an avid runner and swimmer, ate well and practiced yoga, Jennifer said. “She was just a very generous, upbeat, full-of-life girl,” Jennifer said. “We are all just still in shock.” [more]


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Hamptons estate, NJ manse make list of priciest new homes

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 

1 Frick Drive in Alpine, NJ (left) and 612 Halsey Lane in Bridgehampton

An estate in Bridgehampton and a mansion in Alpine, NJ, made the list of the 10 most expensive new homes in the country, according to a report compiled by BusinessWeek. The Bridgehampton property, at 612 Halsey Lane is fifth on the list, with an asking price of $47.5 million, reduced from $59.5 million. The New Jersey mansion, at 1 Frick Drive, ranked number four on the list, with an asking price of $68 million. Even in tough times, the list shows that some developers are still willing to bet on demand for large-scale mansions. [more]


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Harlem condos gaining traction with buyers … and more

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
1. Actor Kelsey Grammar spotted looking at apartments with girlfriend at Soho co-op 84 Mercer Street [Post, 2nd item]
2. Park51 imam says moving proposed community center location would draw radicals' ire [NYT]
3. Gates go up at East Village condo the Copper Building [EV Grieve]
4. Harlem condos gaining traction with buyers [Post]
5. Art gallery to open at 53 Stanton Street [Bowery Boogie]
6. Mexican soccer phenom Rafael Marquez spotted touring a $10 million, 6,000-square-foot triplex at the Chelsea Skyhouse at 213 West 23rd Street [Post, 3rd item]
7. A look back at when Penn Station first made way for the LIRR [NYT]
8. After delays, 38 Delancey condo removes the last of its plywood [Bowery Boogie]
9. A look inside Fashion Week's brand new home [NYT]
10. Low interest rates a boon to those in debt -- but a curse to those who are saving [NYT]


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Top Web stories

September 9th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
 
The most viewed Web stories from yesterday's The Real Deal blog:
1. Ross moves to snatch Moinian's 1775 Broadway for city's first Nordstrom
2. Related exec departs to launch new venture
3. Top NYC commercial property sales last week


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The View at Long Island City New Developments

September 9th, 2010    Posted in LIC Condos, LIC Real Estate, Long Island City Condos, Long Island City Sales, Queens Real Estate
 

WebID 24503


A PLACE FOR A NEW GENERATION

Designed for Visionaries. Escape to Home in a Welcoming Sanctuary of High Style and Design. A Pioneering Reinvention of Smart New York Living. Feel the Energy of Long Island City, The Vibrant Frontier of Art and Style. Enjoy Instant Access to the Heartbeat of Manhattan Life - A New York Minute and One Spectacular VIEW Away.



THE BUILDING

Designed by the Award-Winning Firm, Handel Architects, The VIEW Condominium Takes Full Advantage of The Light and Views, Reflecting Taste and Style in Each Carefully Considered Detail. The Security and Convenience of a 24 HR. Doorman and Concierge, Plus an On-Site Valet.



COME HOME TO A DEPARTURE

Residences of Refined Taste and Style. Soaring Ceiling Heights. Floor-to-Ceiling Windows. Gourmet-Ready Kitchens and Elegantly Fixtured Baths. Most Units with Balconies, Terraces or Gardens.



DETAILS

Each Residence Takes Full Advantage of The Light and Views. Most Residences Features Balconies, Terraces or Gardens.

Featuring Gourmet-Ready Kitchens with Stoves by Viking and Refrigerators by Subzero.

Elegantly Fixtured Baths be Grohe and kohler. Quality and Tastes. A Pleasure to See and Use.



THE PARK

Relax and Enjoy the Beauty Landscaped Park by the River. Jog or Bike Along the Serene Riverfront Promenade and Admire the Revitalized Waterfront Complete with Saltair and Seagulls. It's the Best of Both Worlds. The Grass is Always Greener at The VIEW.



NEIGHBORHOOD

It's All Here. Top Museums, Art Galleries, Stylish Cafes, Chic Restaurants, Cool Boutiques, Inviting Parks, Greengrocers, and a New 20,000 SQ. FT. Gourmet Market. Long Island City is at The Forefront of Art and Creativity. A Perfect Place to Stroll, Shop, Dine, Explore, Play, Flirt, Chill, Dream, and a Single Subway Stop from The Heart of Manhattan.

The View Condominium
4630 Center Blvd
Long Island City


    Silvette Julian
    tel: 646 443 3741
    mobile: 917.846.3942
    silvettej@nestseekers.com


    Christian Gonzalez
    tel: 212.252.8772 ext 750
    mobile: 917.903.3356
    chris@nestseekers.com


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    The Sage House Condominiums, 112-02 Northern Boulevard Queens, Two Bedroom – Apt: 2G

    September 9th, 2010    Posted in LIC Condos, LIC Real Estate, Long Island City Condos, Long Island City Sales, Queens Real Estate
     

    WebID 23227

    The Sage House Condominiums is a Luxurious ground up development built on a strategic corner lot facing Flushing Marina Waterfront.

    Living at the Sage House is an experience that includes state of the art fitness center, playroom, underground parking, exceptional finishes, zen garden, gorgeous views, roof deck and much more. The Apartment offers spacious layouts, white marble bathrooms, ice white quartz counter tops, stainless steel appliances, custom kitchen "Cabinetries", bamboo floors, zebra wood vanities, 421 tax abatement 15 years.

    Considered to be one of the most exciting neighborhoods in the tri-state area the Sage House is surrounded by Corona Park outdoors, Queens botanical garden, on the crossroads of 5 major highways, kissena park, Flushing Meadows, Willets point, Flushing library, Flushing pool marina, US Open - tennis courts, Citi Field-The Mets Stadium, Main Street Shopping, fusion of culture and resources, exotics foods and fine imports, walk to train and 20 minutes from Grand Central.

    Contact us today and discover the advantages of living at the Sage House.


    www.SageHouseCondo.com

    The Sage House Condominium
    112-02
    Flushing


      Andy Kim
      tel: 646-443-3795
      mobile: 917-270-0135
      AndyK@nestseekers.com


      Adrian Lupu
      tel: 917-749-3113
      AdrianL@nestseekers.com


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      Forest City turns second-quarter profit

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      Forest City Enterprises, the parent company of Forest City Ratner, swung to a profit in the fiscal second quarter as rental income rose and the company closed on the sale of the New Jersey Nets to a Russian billionaire. The Cleveland-based firm reported net income of $122.8 million, or 61 cents a share, in the quarter ended July 31, compared with a net loss of $1.8 million, or 1 cent, in the year-ago period. Charles Ratner, president and CEO at Forest City, said the increase was mainly due to strength in the company’s rental properties, particularly multifamily. [more]


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      Real estate exec lists condo for $26.3M

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      alternate text
      From left: Eric Hadar's Bristol Plaza condo at 200 East 65th Street, a 10-room duplex at 730 Park Avenue and John Barrett's 65 West 13th Street unit
      alternate text

      With Labor Day in the rear-view mirror, a bevy of new properties are hitting the market, providing plenty of fodder for our new weekly feature, The HotSheet. A 49th-floor condo at the Bristol Plaza at 200 East 65th Street just hit the market for $26.25 million. According to city documents, the apartment is owned by Eric Hadar, a real estate investor who recently completed a stint in rehab after an arrest on drug possession charges. We also look at a 10-room penthouse at 730 Park Avenue listed for $14.9 million, as well as famed hairstylist John Barrett's West Village apartment. Click here for more.


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      BofA home loan manager to Metlife

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      Mark Wenitzky has moved to MetLife Home Loans where he is district sales leader overseeing mortgage loan officers for New York City. Wenitzky, 37, began in his new position yesterday. He was formerly at Bank of America Home Loans were he was the branch manager for Manhattan. Prior to that he worked for 11 years at JPMorgan Chase. TRD


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      Park51’s imam speaks out on controversy … and more

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      1. Cushman's Tara Stacom faces the challenge of filling One World Trade Center [NYO]
      2. Park51 imam Feisal Abdul Rauf speaks out on controversy [NYT]
      3. Tenants at foreclosed East Harlem apartment building say non-profit buyer Hope Community has a "history of neglect" [NYO]
      4. Robert De Niro's former upstate property manager sues over alleged illegal firing [NYMag]
      5. Shopping mall owner General Growth Properties scrambles to find new management team, with bankruptcy imminent [Bloomberg]
      6. Florida businessman Paul Cejas picks up $5.6 million Carlyle pad [NYO]
      7. Will the housing market's future be bears or bulls? [NYT]
      8. Fishing spots dwindle in New York City [NYO]
      9. Builders beginning to restart stalled projects, as banks sell [Bloomberg]
      10. Fashion designer Pamella DeVos picks up $3 million apartment at the UES' Chatham [NYO]


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      Tenant’s non-payment of rent may have led to murder, police say

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      A landlord-tenant dispute may have been to blame for an East New York shooting murder, according to the local ABC News affiliate station. The homicide, which took place shortly after midnight today, may have been the result of the victim's non-payment of her rent, police say. The victim's landlord is being questioned by police. Although it's unclear how behind the victim, a tenant in a Linwood Street apartment building, was in her rent, early reports suggest that she had not paid for some time. [WABC]


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      Midtown leasing slides in August: Cushman

      September 8th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
       
      Office leasing activity cooled in Midtown from the brisk levels seen over the previous months, but for Manhattan overall, the vacancy rate and average asking rents improved in August, new data from commercial firm Cushman & Wakefield show. The volume of new space leased in Midtown slowed to 1.1 million square feet last month from an average of about 1.6 million square feet over the prior five months -- which was the most active period of leasing since the second half of 2006 -- Kenneth McCarthy, managing director of research for the firm's New York metro region, said. "It is a bit of a slowdown, but it could be seasonal factors. I would not read too much into one month," he said. [more]


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      The Sage House Condominiums, 112-02 Northern Boulevard Queens, One Bedroom – Apt: 2A

      September 7th, 2010    Posted in LIC Condos, LIC Real Estate, Long Island City Condos, Long Island City Sales, Queens Real Estate
       

      WebID 23201

      The Sage House Condominiums is a Luxurious ground up development built on a strategic corner lot facing Flushing Marina Waterfront.

      Living at the Sage House is an experience that includes state of the art fitness center, playroom, underground parking, exceptional finishes, zen garden, gorgeous views, roof deck and much more. The Apartment offers spacious layouts, white marble bathrooms, ice white quartz counter tops, stainless steel appliances, custom kitchen "Cabinetries", bamboo floors, zebra wood vanities, 421 tax abatement 15 years.

      Considered to be one of the most exciting neighborhoods in the tri-state area the Sage House is surrounded by Corona Park outdoors, Queens botanical garden, on the crossroads of 5 major highways, kissena park, Flushing Meadows, Willets point, Flushing library, Flushing pool marina, US Open - tennis courts, Citi Field-The Mets Stadium, Main Street Shopping, fusion of culture and resources, exotics foods and fine imports, walk to train and 20 minutes from Grand Central.

      Contact us today and discover the advantages of living at the Sage House.



      www.SageHouseCondo.com

      The Sage House Condominium
      112-02 Northen Boulevard
      Flushing


        Andy Kim
        tel: 646-443-3795
        mobile: 917-270-0135
        AndyK@nestseekers.com


        Adrian Lupu
        tel: 917-749-3113
        AdrianL@nestseekers.com


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        Element developer ditches parent company

        September 7th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
         

        Element at 555 West 59th Street (left) and Canco Lofts
        Coalco New York, the developer behind Midtown’s Element and Jersey City’s Canco Lofts condominiums, has spun off from its Russian parent firm into a stand-alone private equity and real estate firm called Corigin. The newly named firm with operate two divisions, Corigin Real Estate Group, which owns property in New York, New Jersey and Florida, and Corigin Private Equity Group, which holds stakes in various construction, transportation, beverage and other companies. “We decided that with a simplified U.S.-based structure we could be a more self sufficient company,” said Ryan Freedman. “We’ve become good developers and we plan to continue to develop.” [more]


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        Top NYC commercial property sales last week

        September 7th, 2010    Posted in Brooklyn New York, Hamptons New York, LIC Real Estate, Manhattan Real Estate, New York Real Estate, commercial real estate
         
        The most expensive commercial transaction last week in New York City was the $56 million purchase by the Wolfson Group of a minority interest in a Midtown office building. The next four deals were much smaller, with none breaking $10 million. Bed maker Dux Interiors sold its Midtown office building and a company called NY8 Properties bought a Chelsea development site.

        alternate text
        Footnotes: Sales data is for closed deals published last week on the city property website Acris. Brokers were identified through public information or through CoStar Group. Sources: PropertyShark.com, The Real Deal.


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