What to Know Before Getting into the Rental Market
Rental property can be a great source of passive income. Avoid potential pitfalls by learning what to know before getting into the rental market.
Read MoreOpen Houses You Have To See This Weekend
Looking for a new place to live or just curious about what's on the market? Check out our top open houses this weekend.
Read MoreNew York vs. Miami: Exploring the City’s Most Expensive Condos
New York or Miami? You decide.
Read MoreA Renovated Upper East Side 1 bedroom Listed For $875,000
Available for immediate move in, 136 East 76th Street is a co-op that is spectacularly renovated and listed for only $875,000. The apartment is represented by Nada Rizk and Joanne Greene of Brown Harris Stevens.
An over-sized corner 1 bedroom, this elegant and modern home is ideally located between Lexington and Park Avenues. You can truly move right in to this sunny and spacious home with open kitchen, North and West facing living Room, separate dining area and large master bedroom. The windowed chef's kitchen features Sub Zero refrigerator, Viking Range stove, Miele dishwasher and marble countertops. There is exceptional closet space with all built out and a private storage unit is included. There are base moldings throughout. A No detail missed, everything is top of the line!
136 East 76th is a luxury full-service co-op. There is a live-in resident manager, full time doorman and staff, bicycle room, central laundry room and beautiful landscaped roof deck. This phenomenal location is both sophisticated and convenient to everything - Central Park, museums, Madison Avenue shopping and transportation. Co-purchasing, gifting and pied-a-terres are all allowed. Pets allowed.
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
Our Favorite Listing: A Duplex in the Sky With A 3,000 Sqft. Terrace
Inside our favorite listing for the week.
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Are You Spending Too Much On Your Renovation?
Real estate isn't cheap, especially not in major cities like NYC. In fact, the average sales price in Manhattan was $1.9 million for condos in existing buildings in the third quarter of 2017. Instead of purchasing a whole new property to get the look you want in your home, remodeling can help you save money while still creating a perfect home for you. However, remodeling can also be incredibly expensive if you're not careful. Use these tips and tricks for your future remodeling project to save as much money as possible.
Look For Local Help
As much as possible, aim to support local businesses with your ongoing renovation project. It’s estimated that 90% of Americans shop with local businesses at least once a week and as many of 42% of them visit more frequently. Local businesses not only rely on your support to continue thriving, but you can save money by choosing them. Establishing a relationship with your local business can help you save through added discounts - smaller businesses are usually a bit more willing to be flexible on pricing. See these builders that can help you renovate your home and is budget-friendly.
If You DIY, Do It Safely
Tackling home projects yourself can be a great way to save money, especially if you already know what you're doing. You'll be able to skip on labor costs and only pay the cost for the tools and materials you need and don't already own. However, if you do choose to remodel on your own without the help of a local contractor, be careful. It's easy to get hurt while working on home projects. According to a study published in the American Journal of Emergency Medicine, more than one million Americans are injured on stairs every year.
Remodel For Future Savings
When picking out remodeling projects to tackle in your home, make sure you're considering which renovations are going to be less expensive in the long-term. Did you know that only 32% of homeowners are satisfied with their dining room’s design? It’s merely one of the popular rooms that people have remodeled. While some remodeling projects are a bit more costly upfront, they can end up paying for themselves in savings over time. For example, pay attention to how much insulation you're installing when tearing down or moving walls. On average, a well-insulated home will cost 30% less to cool than one with inferior insulation. While these might seem like unnecessary expenses upfront, paying for extra insulation now will pay for itself the longer you have it installed in your home.
Reduce, Reuse, Recycle
Finally, the easiest way to save money in your home remodel or renovation is to go green. While many people see environmental home remodeling as more expensive, it ultimately boils down to three points: reduce, reuse, and recycle. Reduce how much you're buying by making the most of what you already have. If you've got extra paint for your walls, think of other projects where you can use it. Reuse items as much as possible - instead of getting rid of old furniture, give it a makeover with a fresh coat of paint or some new stain. Finally, if you can't find ways to use materials, recycle them into something new rather than sending them to a landfill. You'll cut down on expenses for your remodel along the way, largely because you're buying fewer raw materials.
Remodeling can be incredibly expensive, but these tricks can help you save on your next big home project. With the right resources and information, you'll be able to give your home a brand new look for far less than you might expect to pay. With that in mind, it's also advisable to look for more remodeling tips online, you can find very useful information, on sites like Hardie Boys as well.
Luxury SoHo Listings For Every Price Range
Looking to live in one of the trendiest neighborhoods in Manhattan? SoHo offers some of the most luxurious prime New York Real Estate. Known for its largest collection of incredible architecture in the entire world, SoHo is the heart of the historic city. This neighborhood is full of wonderful shops, restaurants, and some of the best nightlife. An incredibly magnificent place to shop around or grab a bite, SoHo offers some luxury real estate that can be sure to catch your eye.
570 Broome Street, Unit PHB
Cost: $5,995,000
Size: 3 Beds | 3 bath
PHB features an expansive open SOM designed kitchen with Miele five-burner gas range and wine refrigerator, Calacatta Alto Marble slab countertops & backsplash, and Lineadecor Walnut stained cabinets showcasing beautiful natural wood.
The master suite enjoys southern light and views, a walk-in closet, and a luxurious 5 fixture master bath. The en suite bath features custom designed double vanity by SOM, Calacatta Alto marble countertop, separate shower, custom medicine cabinet with integrated lighting, honed Calacatta Alto marble walls cut from one slab for vein continuity and radiant-heated Dolomiti Blanco marble floors in chevron pattern. An Alape sink, black matte Zucchetti fixtures and accessories are special features of this room.
Each secondary bedroom will enjoy glorious views north to the Empire State Building. Adding to the beautiful detailing in this apartment is the 5" wide hardwood solid oak floor with custom walnut finish throughout the apartment, 4-pipe heating and cooling system, and a full-sized washer/dryer.
246 Spring Street #3503
Cost: $685,000
Size: Studio | 1 bath
A hotel condo Pied-A-Terre Investment Opportunity that has the best value. This corner unit with floor to ceiling windows gives access to the best views of the South and East from the Hudson River to the East River. This space is designed by Handel Architects with interiors by the Rockwell Group that is striking, sophisticated, and luxurious all in one. It is embellished by custom Fendi Case furnishings and offers a king-size bed, wet bar, state-of-the-art automation technology, and secure closets. The luxurious Italian marble bathroom features a deep soaking tub, glassed walk-in shower, and double vanity.
476 Broadway #5F
Cost: $8,000,000
Size: 3 Beds | 3 Baths
This prime real estate is located in the heart of SoHo, with close proximity to al transportation, restaurants, the finest retail, hotels, and entertainment. Incredible amenities include a beautifully landscaped garden terrace with panoramic views over the city, perfect for hosting friends for the night. The actual loft itself offers some of the grandest eye-catching design. The grandly scaled living space offers privacy and the perfect setting for entertaining on a lavish scale.
The enormous open kitchen conceals any clutter with superbly milled custom cabinetry, including a granite countertop on the huge island that slides open and closed. The tranquil master bedroom has a large en-suite bathroom, a seamless and harmonious blend of wood. The entire apartment is equipped with a fully integrated lighting and sound system that delivers lighting and sound quality of the very highest order via hidden speaker in the walls and ceilings.
210 Lafayette Street #7C
Cost: $1,495,000
Size: 1 bed | 1 bath
This modern one-bedroom, one-bathroom loft-like apartment is rare to find. It was developed recently, in 2005. One Kenmare Square is a modern landmark on Petrosino Square in SoHo. It was designed by Richard Gluckman, a notable contemporary architect whose work includes the Andy Warhol Museum and Gagosian gallery in West Chelsea. Amenities include a 24 hour doorman/concierge, a second entrance on cobblestoned Crosby Street, on-site resident manager and private gym. With great walk-ability, 210 Lafayette is just moments away from several subway lines, boutique stores as well as neighborhood dining staples such as Cafe Select, Jack’s Wife Fred, La Esquina and Balthazar. Offering Eastern views spanning as far as the Williamsburg bridge, this modern and classy apartment is one to keep an eye out for.
2 King Street #4A
Cost: $1,395,000
Size: 1 bed | 1 bath
This oversized one bedroom home has more to offer as it can easily convert into a two bedroom with room to spare. The open floor plan is reminiscent of its lofty SoHo neighborhood apartments and is perfect for entertaining. The natural lighting and warm sunsets from the great room are unmatched and exposed all year long.
Concrete countertops and stainless steel backsplash add a chic flair to the kitchen and the counter seating for four ample storage space. The bathroom is king-sized and offers views onto the terrace and of landmarked buildings of King Street and the renovated bath boasts a a windowed-shower, pedestal sink, subway tiles, and space for a washer dryer. Owners of the apartment can enjoy everything that SoHo has to offer with shopping, dining, and nightlife just outside your door and the A,C,E,B,D,F and 1 trains just moments away.
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
A First Look Into The Iconic Towers of the Waldorf Astoria
Launching in 2020, the world-renowned Waldorf Astoria New York is introducing a contemporary collection of studio to penthouse residences defined by unsurpassed amenities and legendary service.
credit to Noë & Associates/The Boundary
The world-renowned designers who have designed unsurpassed interiors; Jean-Louis Deniot designed the residential interiors and amenities, Pierre-Yves Rochon was the mind behind the hotel interiors and legacy public spaces, and famed art collector and auctioneer Simon de Pury curated the art collection for the residents of the Towers. Also, with 375 condominiums in the Towers atop the 375-key newly-constructed Waldorf Astoria New York hotel, residents will have over 50,000 square feet of private residential amenities, as well as access to the hotel’s more than 100,000 square feet of amenities.
State of the Market Brooklyn Edition – The Eklund Gomes Team And Silverback Development
Last week, The Eklund Gomes Brooklyn Team of Douglas Elliman and Josh Schuster of Silverback Development, hosted a State of the Market discussion focused on Brooklyn.
The event took place at 67 Livingston Street, where panelists Jessica Peters, Fredrik Eklund, Josh Schuster and Lindsay Barton Barrett discussed the new development landscape in Brooklyn. Moderator, John Gomes, sparked dialogue on borough hot spots for new development and buyer trends and pricing.
67 Livingston Street, a Silverback Development project, features 22 full floor residences that offer two, three and four-bedroom options. Designed by CentraRuddy, the homes blend modern convenience while capturing the heart of the historic neighborhood. Double and triple exposures bring in abundant light and boast East River, harbor and downtown Manhattan views. The property also features private outdoor balconies and direct elevator access. The Eklund Gomes team at Douglas Elliman is handling sales.
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
Upgrades to Make Your Home More Energy-Efficient
To reduce your negative impact on the environment and lower your utility bill, consider investing in these upgrades to make your home more energy-efficient.
Read MoreOpen Houses You Have To See This Weekend
Looking for a new place to live or just curious about what's on the market? Check out our top open houses this weekend.
Read MoreRose Hill Tops Out
Following the unveiling of Rose Hill, one of the new residential developments in Manhattan's NoMad neighborhood that represents a modern era of Gotham-esque architecture and design by award-winning New York-based design firm CetraRuddy, legendary developer Rockefeller Group has announced that the 45-story luxury tower has topped out. Rising over 600 feet and located at 30 East 29th Street between Madison and Park Avenues, Rose Hill draws a direct connection to Rockefeller Center with its heavy prewar, Art Deco influence and will be comprised of 123 spacious, studio-to-four-bedroom residences including penthouses, and a vast amenities collection.
credit: Will Femia
In a historic neighborhood that itself was once known as Rose Hill – a nod to the 130-acre Rose Hill Farm estate that occupied the land – the building offers cinematic views of New York City and the Manhattan skyline. Rose Hill is eloquently clad in a bronze-tone façade, accented by intricate detailing that frames expansive glass windows. Decorative lighting will illuminate the tower’s base and crown to highlight the building’s unique articulation.
“It’s been a phenomenal journey seeing this project come to fruition and take its place among the historic crowns of New York City with its distinct architectural design,” said Meg Brod, Rockefeller Group’s Senior Vice President and Regional Development Officer in the Northeast U.S. “We have created a tower that is authentic to our legacy and speaks to today’s buyers with its inventive flex spaces that can be customized to one’s needs as well as curated a robust amenities package with premier community partnerships. We look forward to welcoming residents home next fall.”
The Art-Deco inspired condominium will offer an abundance of amenities, including premier partnerships with New York-based businesses, and closings are anticipated to begin in late 2020.
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
Inside This 2 Acre Amagansett Home Seconds Away From Indian Wells Ocean Beach
As we head head into the holiday season, many of us are counting down the days until Black Friday and Christmas. If your like us your counting down until the Summer season to return back to the Hamptons.
New to the market in Amagansett, 84 Indian Wells Hwy, has just been listed for $9,525,000, famously known as the first summer home built in Amagansett built in 1875. The offers 2.1 acres perfect for any outdoor event, being one of the largest parcels south of the highway.
The home is an existing farmhouse with a pool and 3 car detached garage is set back far from the road allowing for a dramatic entry to the rolling front lawn. Renovate and expand or build a dream compound – options are endless.
Scroll through to see more of the Amagansett beach home.
Brookfield, Park Tower Group Break Ground for Next Phase of Development at Greenpoint Landing
Brookfield Properties and Park Tower Group today broke ground on the next phase of development at Greenpoint Landing, including one acre of additional public waterfront open space designed by James Corner Field Operations and two new residential towers designed by the acclaimed international architecture firm OMA. Together with an adjacent seven-story building, the two new towers will bring a total of 745 units of housing – 30 percent of which will be income-targeted through the Affordable New York program – and public open space to the neighborhood, expanding the existing esplanade and unlocking this section of Greenpoint waterfront for the first time in generations.
Renderings by OMA
Brookfield and Park Tower Group also announced today that Two Blue Slip, the second residential tower at Greenpoint Landing designed by Handel Architects, will begin leasing in spring of 2020.
“Together with Park Tower Group, we are revitalizing an underutilized and neglected waterfront into a thriving section of the neighborhood through much-needed housing and public greenspace along Greenpoint’s breathtaking shoreline. We’re thrilled to break ground on our two new towers and bring new ground-floor retail and waterfront access to the community,” said Maria Masi, Senior Vice President, Multifamily Development at Brookfield Property Partners.
“This groundbreaking represents a major step forward towards realizing our vision for Greenpoint Landing. Between our new developments with Brookfield and extending our esplanade with world-class landscape design by James Corner Field Operations, Greenpoint Landing will provide the community with significant waterfront access and redefine the Brooklyn skyline,” said Marian Klein, President of Park Tower Group.
This next phase of development at Greenpoint Landing will add more than 40,000 square feet of new public greenspace to the existing public waterfront esplanade, creating a total of 2.5 acres of continuous public open space along the shoreline. The new open space will focus on natural landscaping and expansive green spaces, creating a variety of experiences along the shore, including a lawn, picnic area, garden walk, and some salvaged maritime pieces found at the site.
The esplanade’s expansion will make Greenpoint’s waterfront more publicly accessible through a new pedestrian connection on Dupont Street and the extension of Eagle Street to the waterfront, completing the public esplanade from Eagle Street to Box Street Park.
The esplanade will be constructed by Brookfield Properties and Park Tower Group and donated back to the City so it can function as a public park in perpetuity. The esplanade is also adjacent to the newly reconstructed Newtown Barge Park newly built and operated by the City.
In fall 2017, the Waterfront Alliance announced it certified this first phase of Greenpoint Landing into its award-winning Waterfront Edge Design Guidelines (WEDG) program for excellence in waterfront design and resiliency.
In addition to mixed-income housing, the new towers will add 8,600 square feet of ground-floor retail to the neighborhood along Dupont Street and West Street. Brookfield is completing the last segment of West Street roadway and bike path in Greenpoint which will finally connect key existing commercial and residential corridors and activate the edge of the neighborhood.
“We’re excited to begin construction on what will be a new hinge point between Greenpoint and the waterfront. The two towers are flanked by smaller buildings – 7 stories at the corner and 3 stories at the water – to create a continuous yet shifting perimeter around the block. This variegated edge will extend Dupont and Eagle streets to bring activity and access to the East River,” said Jason Long, OMA Partner-in-Charge.
The towers’ facades feature precast concrete panels surrounding large, eight foot by eight foot windows. Like the buildings’ forms, the precast panels are carved by a series of angled planes. Oriented differently for each block – vertical, horizontal or diagonal – the carved faces react dynamically to the movement of the sun throughout the day. Marmol Radziner is the interior designer and landscape designer for the buildings and Beyer Blinder Belle is the executive architect and unit interior designer.
In a joint venture with master developer Park Tower Group, Brookfield is developing a total of 2,000 units across four development sites at Greenpoint Landing. The first building, One Blue Slip, opened in August 2018, along with 1.5 acres of public waterfront open space. One Blue Slip features 359 units, 90% of which have views of the East River and Manhattan skyline. The building includes top-tier amenities designed by Gachot Studios, providing residents with curated, thoughtfully designed indoor and outdoor spaces to relax, socialize, share meals, work, exercise, and more with views of the Manhattan skyline. A second building, Two Blue Slip, will open in January 2020.
Greenpoint Landing is a 22-acre site situated along a half-mile of East River waterfront, being developed by Park Tower Group. In 2005, the City of New York designated the site for residential use under the Greenpoint-Williamsburg rezoning. In its entirety, Greenpoint Landing will include an estimated 5,500 residential units – 1,400 of which are affordable housing – as well as a new pre-k through 8th grade public school and four acres of public open space.
In addition to the four sites currently being developed in a joint venture between Brookfield and Park Tower Group, an additional 300 units of affordable housing have already been completed in a joint venture between Park Tower Group and L&M Development Partners.
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
Our Favorite Listing: Former Architectural Digest Chief's Sutton Place Co-op
A premier Rosaio Candela prewar co-op with East River and bridge open views located in the elegant Sutton Place enclave was recently reduced from $2.75 million to $2.5 million. 30 Sutton Place, Unit 14C was once owned by Cleon (Bud) Knapp -- the former Chairman and CEO of Knapp Communications Corporation, where he developed and published Architectural Digest and Bon Appétit magazines, which were sold to Conde Nast Publications, Inc.
This co-op is within walking distance of the best Manhattan has to offer in shops and restaurants. Architectural Candela details and grand room proportions remain intact as the apartment was originally the bottom half of the building’s duplex penthouse.
The high ceilings, and oversized double windows flood the rooms with natural light and sweeping panoramic views. The private elevator vestibule leads into an attractive foyer that opens into a double sized living room with wood burning fireplace and ceiling height soaring to 10’-9”. The east facing double master bedroom has wood burning fireplace, dressing room and luxurious baths with heated floors.
The north facing paneled library has a separate wet bar, en suite bath, ample bookshelves and oversized large windows overlooking city skyline and bridge. The traditionally proportioned formal dining room leads to a professionally equipped windowed kitchen with 3 sinks, 2 dishwashers, ample storage and washer dryer.
This building has a live-in resident Manager, gym, laundry room and private storage space. Sutton Place is a small quiet midtown community noted for its charm, river walks, parks, and convenience to transportation and shopping.
The current owners bought the unit directly from Knapp and his wife Betsy in the late 90's.
Marcy Pedas Sigler at Compass is the listing agent.
Related:
Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.
With Lauryn Hill onstage, Mark Ronson behind the decks and Michael B. Jordan among the crowd, Lady Delilah made its case as New York’s newest high-wattage supper club before officially opening its doors.