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YEAR IN REVIEW: AUGUST 2018

YEAR IN REVIEW:
AUGUST 2018

For ALL your Real Estate needs, and then some…
(International/ Commercial/ Residential/ Sale/ Purchase/ Rental) 
 Confidential/ Complimentary/ Consultation  REAL ESTATE ADVICE AVAILABLE


NEW YORKERS BEWARE….
Though there is a ‘housing crisis’ in our city, the Real Estate laws favor the tenants and or residents. If you’re not sure what to do visit the DOH Office in FiDi, downtown Manhattan. The NYC government is constatntly seeking to secure the public rights and create more favorable terms and living conditions. If you feel cheated and you’re unsure ask. You can take this to the bank:

Mayor Bill de Blasio is considering a shift in his administration’s housing policy toward 100-percent market-rate buildings on unused land owned by the cash-strapped New York City Housing Authority.

“This office has zero tolerance for predatory landlords who seek to line their pockets at the expense of their tenants’ well-being,” said Attorney General Barbara Underwood.



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Laugh With Me:



QUESTION: What has 10 letters and starts with gas?



ANSWER: An AUTOMOBILE!


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Newsflash:

NYC’s 25 most expensive homes for sale…
See the blockbuster homes currently on the market in New York City


It's time to revisit the most expensive homes for sale in New York City right now. Despite the well-documented softening of the luxury market, the uppermost echelon of real estate in the city is still, well, ridiculous. Even though there are fewer nine-digit listings than in previous iterations of this list, some of the usual suspects—an opulent Upper East Side townhouse with Hermès leather walls, over-the-top combo units—remain.

(Click here to read more
- https://ny.curbed.com/maps/nyc-most-expensive-homes-for-sale)

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Da BOOGIEDOWN BRONX…

Bronx Living and Culture
Today, The Bronx has a very diverse population.



The fourth-largest and the northernmost of the five boroughs of New York City, The Bronx is home to 1.4 million residents. Spread out over about 42 square miles, it sits just above Manhattan and is situated mostly on the mainland. Divided by the Bronx River, the borough has two distinct sections – a hilly urban area in the west, and a much flatter, suburban-like portion in the coastal east.
(CLICK - https://www.elliman.com/new-york-city/bronx/8)




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A Few Current Listings

For Sale


E21st Street, GRAMERCY NY 10022
Condo - 3BD 3.5BTH - $3,975,000.00
Full Service Luxury Green Building  Terrace/ Roof Deck/ Storage

E225th Street, BRONX NY 10466
Multi-Family - Unit 7BD 2BTH
$699,000.00
Gut Renovated
Separate Kitchen/ Finished Basement/ Laundry Rm & Backyard

60th Street, BROOKLYN NY 11204
Multi-Family House 8BD 3.5BTH
$1,850,000.00
Laundry Rm/Backyard/ Porch
 Finished Basement / Parking

40th Road, QUEENS NY 11354
FURNISHED Condo - 3BD 2.5BTH
$2,359,888.00
Garden/ Roofdeck/ Smoke-free
Swimming Pool/ Balcony/Courtyard




Seneca Avenue, MT. VERNON NY 10553




1Family House 6BD 3BTH




$374,900.00




Garage/ Porch / Backyard/ 




Fireplaces/Basement & Attic



For Rent

E82nd Street, UES, NY 10028
3BD 1BTH $4,350.00
Spacious/Loft/ Roofdeck/

E15th Street, GRAMERCY NY 10022
1BD 1BTH  $4,600.00
FURNISHED - Elevator/ Doorman / Laundry/ Dishwasher

Marion Avenue, BRONX NY 10458
3BD 1BTH $2,292.00
Granite Countertops/ Marble Bath/ Stainless Steel Appliances

Throggs Neck, BRONX NY 10461
3BD 2BTH $2,500.00
Heated Floors/ Jacuzzi Tub/ Granite Countertop/ 10ft Ceilings/ Recess Lights/ Dishwasher

40th Road, QUEENS, NY 11354
FURNISHED 1BD 1BTH    $2,800
Swimming Pool/ Doorman/ GYM Roofdeck/ Balcony/Dishwasher

Himrod St. BROOKLYN NY 11237
4BD 1BTH $4,000.00
RENOVATED - Loft/Exposed Bricks Spacious/ Stainless Steel/Attic

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Commercial Spaces For Rent

Retail Space - 625 8th Avenue - Manhattan



Office Spaces - Middletown Road - Bronx

Shared office Space/ 100 - 500 sqft/ $700 - $2500

Office Spaces - Midtown West - Manhattan

Doorman building/ Elevator 100 - 5000sqft/ $1500 - $30,000.00




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NYC Highlights

Starchitect-led projects that will transform NYC’s skyline, mapped

OVER 45 NEW developments to the Boroughs….




See the buildings by big-name architects that will rise in NYC in the next few years. Starchitecture is alive and well in New York City, with many skyline-altering developments coming from big-name, award-winning architects.
(CLICK - https://ny.curbed.com/maps/nyc-architecture-star-projects-under-construction)


Manhattan and Staten Island 


For some young buyers, stock options are the ticket to entering the NYC market

More complicated payout packages have become more common
(CLICK - https://therealdeal.com/2018/08/07/for-some-young-buyers-stock-options-are-the-ticket-to-entering-the-nyc-market/)


The state of Staten Island real estate 

Staten Island real estate is booming, but don’t expect it to follow the same pattern as Manhattan and Brooklyn
(CLICK https://ny.curbed.com/2017/5/1/15436626/staten-island-real-estate-rental-price-changes)


Brooklyn and Queens 

Brooklyn’s 80 Flatbush skyscraper gets City Planning approval
The mixed-use project will now head to the City Council for a final vote
(CLICK https://ny.curbed.com/2018/8/7/17658456/brooklyn-80-flatbush-rezoning-city-planning-commission)


Queens posts highest rent increase in US

Queens posted the highest rent increase in the country.
(CLICK - https://therealdeal.com/2018/08/02/queens-posts-highest-rent-increase-in-the-country/)


Westchester

Why Westchester homes are getting battered by “dramatic price reductions” …

Dramatic price reductions’ plague Westchester homeowners hoping to sell https://therealdeal.com/2018/08/08/westchester-fairfield-cheat-sheet-why-westchester-homes-are-getting-battered-by-dramatic-price-reductions-more/


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