new construction: How to Buy in a New Development in NYC in 2015
- 02/23/15 03:03 AM
It may be cold out now but Spring 2015 is right arounrd the corner. Looking forward to a brand new start? There is nothing better than a brand new home. Be the very first to live in your home and enjoy brand new infrastructure throughout.
Once both parties have signed the Purchase Agreement and the Sponsor receives a deposit, the residence is considered "in contract."
A Sponsor can only send out one contract per unit at a time for a New Development deal.
This can be to your advantage to get a contract out on a property you … (0 comments)
|
new construction: Speechless Sunday | 56 Leonard Tribeca
- 03/02/13 10:23 PM
A Global landmark designed by Herzog & de Meuron
Cascading sculpted surfaces and sparkling glass
Herzog & de Meuron custom design inside and out
Master Bath custom-designed by Herzog & de Meuron
Secondary Bath with marble mosaic tile walls
Simmering 75 -foot lap pool and hot tub
Library lounge: Custom fireplace, granite walls
25-seat Theatre with private terrace
An original Anish Kapoor sculpture at 56 Leonard
56 Leonard in Tribeca Now Selling!
Ranging in price from a 2BR for $3.625 million to a 4BR penthouse for $28 million.
… (15 comments)
|
new construction: Manhattan New Developments Market Report: First Quarter 2012
- 04/07/12 04:23 AM
Manhattan New Developments
New development supply has diminished substantially, particularly at the high-end of the market, impacting sales and price statistics. While most properties that have been on the market continue to absorb steadily, newly introduced developments in prime locations are absorbed rapidly but since a number of properties haven’t begun closings, these sales are not reflected here.
Compared to a year ago, median price declined 13% to $990,000, due to a 9% decline in three-plus bedroom median price, a 30% decline in Downtown median price and increased share of one-bedroom sales both Uptown and Downtown. Average price per square … (4 comments)
|
new construction: REASONS TO BUY NEW CONSTRUCTION IN MANHATTAN in 2012
- 12/31/11 01:09 AM
TOP 10 REASONS TO BUY NEW CONSTRUCTION IN MANHATTAN 1 THERE HAS NEVER BEEN A BETTER TIME With fewer developments on the market, interest rates at historic lows, and the last chance to secure 421a tax abatement's. 2 BRAND NEW EVERYTHING Be the very first to live in your home and enjoy brand new infrastructure throughout. 3 COMPETITIVE PRICING Developers have a realistic understanding of the market and prices to match. 4 EASE OF OWNERSHIP Benefit from a hassle-free purchase process with no board packages, and use your residence however you want—live, rent, or pied-à-terre. 5 INTELLIGENTLY DESIGNED Modern room proportions, … (3 comments)
|
new construction: The Dillon: Market Update Townhouse Units
- 11/26/11 03:14 AM
The Dillion - Clinton/Hells Kitchen - New Condo Development The Dillon, a new development, 83-unit condominium at 425 West 53rd Street between Ninth and 10th avenues, had a broker party recently to debut its townhouse units and showcase its penthouses. Walls are angled to draw the eye out and through. The building’s rippled exterior allows for views westward, towards the river, and to the iconic eastern cityscape. The designer apartments' walls, hand-painted by New York painter Mark Chamberlain in colorful stripes and honeycomb patterns. BMWs were temporarily on display in the garage to show off the underground parking. Developed by SDS … (3 comments)
|
new construction: Manhattan Luxury Condos, Condops and Coops
- 09/29/11 03:52 PM
Since January 1, 2011, all real estate brokers and agents in New York are required by law to provide written disclosure of who they represent. In New York buyers have the right to their own representation. On-site sales agents at new developments represent the interests of the seller "sponsor" developer, not the buyer. As Manhattan real estate continues to become more transparent, more buyers will benefit from working with an experienced buyer's agent. A buyer's agent has without limitation, the following fiduciary duties to the buyer: reasonable care, undivided loyalty, confidentiality, full disclosure, obedience and duty to account. A … (3 comments)
|
new construction: Wordless Wednesday: New Construction
- 03/09/11 03:10 AM
New construction newsstand on Upper West Side of Manhattan
Existing pre war newsstand on Upper West Side
Pre War and Post Modern
(iPhone photos courtesy of Mitchell Hall)
New building construction throughout Manhattan is changing the face of neighborhoods and the Manhattan skyline. If your interested in purchasing or leasing in a new construction development in Manhattan, or if you prefer the charm and character of pre war architecture, please contact me or click here: Manhattan Apartment Buyer.
The Upper West Side architecturally is an eclectic mix of pre war and post modern luxury buildings.
Diversity is … (6 comments)
|
new construction: Speechless Sunday: Moon over Manhattan's Upper West Side
- 09/06/09 01:07 AM
iPhone photo courtesy of: Mitchell Hall, Associate Broker The Corcoran Group
The moon is over 535 West End Avenue a new condo development on West End Avenue at 86th Street.
535 West End Avenue features luxurious Pre-war details: choice of rosewood or oak flooring, traditional moldings, well-proportioned rooms and a formal library. All homes feature custom Smallbone of Devizes kitchens with attached family room. The kitchens offer La Cornue, Miele and Subzero appliances. Bathrooms are available in 2 different color palettes, and outfitted with Waterworks fixtures, double sink, mahogany or white cabinetry and a selection of mosaic tiled … (11 comments)
|
new construction: Airforce Flyover: 77 Hudson
- 04/29/09 05:37 AM
You've seen airforce flyover the building.
Now come and see the beautiful Luxury Waterfront Apartments at 77 Hudson.
Manhattan style and design finally crosses the Hudson in this elegant glass tower.
The 48 story glass tower soars to the heavens, completely redefining the experience of urban life.
It begins with a building that is an objet d'art, continues through impeccably appointed residences, and extends to an array of indulgent amenities catering to all that life demands.
(photo credit:Jim Brown)
77 Hudson is one of the first residential buildings to be sheathed in glass walls, allowing spacious layouts.
Unobstructed panoramic … (9 comments)
|
new construction: Manhattan Living in Riverdale, NYC's Best Kept Secret: Upper Upper West Side
- 12/26/08 08:22 AM
Just north of Manhattan's west side on the Hudson river is the beautiful enclave of Riverdale. The Solaria is the tallest building in Riverdale. The sleek new 20-story, 65-unit Solaria offers floor-to-ceiling glass apartments.
Rising high above the cityscape, most residences feature oversized balconies that graciously expand private living areas and offer breathtaking views from sunrise to sunset. Awe-inspiring protected vistas including the Hudson River, Palisades, George Washington Bridge, Long Island Sound, Van Cortland Park and Manhattan.
Solaria’s kitchens are stylishly efficient and stunningly appointed with spacious cherry wood cabinetry, granite countertops and top-of-the-line Viking, … (11 comments)
|
new construction: New Construction Update: Hells Kitchen: Atelier, 635 West 42nd Street
- 07/09/08 03:44 PM
Immediate occupancy in new construction at Atelier at 635 West 42nd St. A 46-story tower designed by Costas Kondylis to reflect the bow of a great ship docked along the Hudson River.
The building contains 478 studio to 2-bedroom apartments. The apartments feature extrodinary kitchens with stainless steel Sub-Zero glass door refrigerators, top-tier energy-efficient Bosche and miele appliances, including large washer dryer in every home.
Many apartments feature Hudson river views. Atelier Amenities include full basketball and volleyball courts, sky lounge with rooftop billiards, landscaped sun deck, fitness and yoga center, indoor swimming pool, a parking garage, health club and sauna.
… (15 comments)
|
new construction: New Construction: The Rushmore 80 Riverside Boulevard
- 06/01/08 12:23 PM
80 Riverside Drive New York, NY, 10069
Neighborhood Upper West Side
Cross Streets West 63rd Street and West 64th Street
Ownership Condominium
Building Type High-rise
Service Level Full Service
Size 41 Floors. 485 Apartments.
Age Post-war. Built 2006.
Details Residential Street, Block: 1171, Lot: 140, School District: 0.
Financing Allowed 90%
Access Elevator
Amenities LaPalestra Well Center, 50-foot swimming pool, Garden atrium, Landscaped sundeck, Entertaining Suite with catering capabilities, Private theatre, Family game room, Indoor playground designed by Kidville, Billiards Room, Abigail Michaels lifestyle managers, Garage, Health Club
Current Available units range from a 951 square foot Two Bedrooom asking … (3 comments)
|
new construction: New Construction Update: The Platinum: 247 West 46th Street
- 02/24/08 04:40 AM
The Platinum
247 West 46th Street
Sales are underway at The Platinum a 43 story condo being constructed in Midtown West. Unlike the recently completed The Link at 310 West 52nd Street that marketed the "Hells Kitchen" lifestyle, The Platinum is being marketed as the "cutting edge" building in Midtown West.
Hells Kitchen, Midtown West, Clinton, The Theatre District, The Great White Way, Restaurant Row, whatever you want to call it - it is a vibrant hot neighborhood convenient to all.
The 43 floors will have 220 apartments. Amenities include "The Zone" a full floor of unique lifestyle amenities … (2 comments)
|
new construction: Upper West Side Residential Update:
- 06/15/07 03:26 AM
UWS News: Rezoning Battle
The Department of City Planning is proposing the first comprehensive rezoning of the Upper West Side in almost 50 years. The battle mostly started by the Ariel Condominiums - two 30 plus story towers currently rising on Broadway between 99th and 100th streets. The buildings have led to some neighborhood opposition because of their height. The rezoning calls for height limits on new construction that would see most future developments rise less than half the height of Ariel Towers, the New York Sun and The Real Deal reported.
In my Morningside Heights Market Report there is more information … (0 comments)
|
new construction: New Residential Developments: West Chelsea
- 06/11/07 04:55 PM
Chelsea New Construction update:
175 Ninth Avenue (No condo towers for Seminary)
The General Theological Seminary has reversed course on a plan to build a 15- story condominium tower on its campus after news of the plan met with fierce community opposition as reported in the NY Sun. The seminary wanted to build a 151-foot tower to generate $21 million in revenue for renovation of its existing 19th century buildings. Community activists charged the tower would have been out of place in the neighborhood. Officials are now presenting a plan for a seven-story mixed-use residential building.
IMHO tax exempt landmark churches have no business … (6 comments)
|
new construction: New Construction Resales - A REAL DEAL!
- 04/08/07 12:39 PM
New Construction Resales in Manhattan - Save Thousands of Dollars in Closing Costs
Seller Pays New York City and NY State Transfer Tax except when Buying from a Developer/Sponsor.
If you're looking to buy new construction you might save thousands of dollars by buying a resale in a brand new building. When a buyer purchases a condo or coop in a new development directly from the sponsor (developer) the buyer is usually required to pay New York City and New York State transfer tax.
When buying from a sponsor in a coop, (unsold shares) the transfer tax is not only the percentage of the sale … (1 comments)
|
new construction: Starchitect Skyline: Branded Glass Houses in the Sky - Manhattan real estate in history/ today: 19th century to 21st century homes
- 11/20/06 11:49 PM
"Starchitect" aka Star Architect, architect -branded designer buildings throughout Manhattan are changing the face of neighborhoods, lighting up the NYC skyline and turning apartments into Live-in Works of Art.
Innovative designs, the move away from the standard cookie-cutter apartments, luxury service and views are attracting consumers that want everything taken care of for them. From valet parking, concierges, meditation gardens, infinity pools, electronically controlled sliding glass walls to restaurant service and room service.
Recent record sales taking place around the city, a real estate trend that is breaking down the old neighborhood boundaries by allowing the new buildings to become destinations in and … (11 comments)
|
new construction: Manhattan Real Estate in history/today: 455 Central Park West
- 09/17/06 02:27 AM
455 Central Park West "The Castle"
From A Cancer Hospital Built In 1887 To Luxury Condos Today - No Corners For Germs
In Sunday’s New York Times real estate column Big Deal by Josh Barbanel there’s an item titled Five Turrets, No Dungeons about a couple that recently bought and moved into their new $6.4 million turret condo at 455 Central Park West between 105th and 106th Street.
Jonathan Miller from Miller Samuel appraisers said the prices paid for the turret apartments were the highest prices paid for a coop or condo north of 96th Street. Of 19 condos there are … (4 comments)
|
new construction: Will History Repeat Itself? It Usually Does
- 09/06/06 09:43 AM
During this past year the rental market in Manhattan has become very tight. Rents are soaring, multiple applications and even bidding wars have been going on. Many buyers gave up on buying and decided to rent instead.
Flash back 3 years ago. Landlords were offering 1 -2 months free rent, paying broker fees anything to rent their units. Ads were not pulling. No one was renting everyone was buying. It was cheaper to buy than to rent.
Rents are now skyrocketing. I have heard of landlords asking 20-25% increases in rent when a lease expires. Landlords used to increase 4-5% a year even … (8 comments)
|
new construction: new condo developer in nyc requiring $20% deposit
- 08/15/06 03:06 PM
I attended a presentation from brokers marketing a new condo with anticipated closings starting March 2007. They are requiring 10% deposit with signing and another 10% in 90 days. No financing contingencies.
When asked why they responded "the developer felt less buyers would walk with 20% invested."
The lowest priced unit is $735,000. most are in the millions. I'm thinking who's going to walk from $73,000. Then I realized that some buyers might have to. If interest rates go up they might not be qualified for the same amount 8 months from now.
A mortgage broker from Wells Fargo that was present informed us that … (3 comments)
|
|
|
|
It may be cold out now but Spring 2015 is right arounrd the corner. Looking forward to a brand new start? There is nothing better than a brand new home. Be the very first to live in your home and enjoy brand new infrastructure throughout. 
;)
;)
;)
