Walk Through 2,600 Square Foot Lower East Side Home
Inside this weeks virtual tour
Read MoreApartment Complexes Are Embracing Gardens As Amenities
If you're apartment hunting, you may have noticed a trend blossoming in recent years. In addition to the usual amenities, such as gyms and pools, gardens have risen in popularity. This shift follows gardening's rise in popularity over the past few years, with 35% of Americans growing their own food.
While you might not be explicitly hunting for a place with perfect growing potential, choosing a space with a garden could benefit your quality of life in your new home.
There are many different kinds of gardens and ways to use them. Figuring out how to fit apartment gardening into your lifestyle will allow you to learn about the world around you, practice self-care and get to know your neighbors.
Digging Into Community Gardens
If you're not familiar with gardening practices, community gardens are a great place to learn and hone your skills. One of the beautiful things about a community project is that a lot of the space, plants and supplies are already there and available to use. When you get involved, you have the opportunity to see how experienced gardeners work, which may help you tend to your own plants.
In city environments, gardening — working with dirt and growing things with your own two hands — can give you the healthy touch of nature you need. If you can't take a walk in the park or get out of the hustle and bustle every day, you can spend time with your plants and work hard to take care of them. It's rewarding, healthy and fun.
New York has had community gardens cropping up throughout the boroughs. In Harlem, for example, GrowNYC helped develop Luigi’s Garden, a small community space where neighbors and groups can both grow food sustainably and host events. When searching for a property in the city, keep an eye out for community gardens that can help you get involved, learn new skills and make connections with neighbors.
2. Variety and Creativity in Garden Design
The type of garden you find in your apartment complex will probably depend on the space available. In urban areas, many buildings have to get creative.
For instance, they may have raised gardens that sit in above-ground planters. These containers can be anywhere, including rooftops, decks, balconies or on grass or concrete. They also eliminate many of the problems associated with typical grow operations, as they require no digging and prevent weed growth.
In New York, green space isn’t always easy to come by. However, you can also find apartments and properties in the metro area with both shared and private outdoor terraces and gardens. In Queens, for example, the Kew Gardens neighborhood is well-known for its greenery. Hampton Court capitalizes on this reputation with a complex that offers close proximity to parks as well as its own flower-filled courtyards, giving residents a true country feeling in an urban environment.
Gardens as Community Spaces
In this day in age, it can be difficult to get to know your neighbors. People are often more isolated than ever, especially in large city environments. Gardens can act as meeting ground and social space for people to spend time together and get to know one another.
Community gardens are also beautiful spaces to spend time in. If you're looking to meet friends or build healthy, social relationships with the people in your neighborhood, finding an apartment complex that offers a gardening space could be ideal.
The Belgravia, located in the Upper East Side, offers a unique community space for condominium residents with a Japanese courtyard garden. This stylized amenity allows residents to gather in a natural space within their own building, where they can form community ties or simply take a quick break in the middle of a busy day.
Going Green
It's no secret that gardening is beneficial for the environment. If you're growing native plants and using rainwater, participating in your community garden is an excellent way to give back to the earth. You can also go a step further and start a compost pile, tossing in items like newspaper, cardboard, food scraps, weeds and grass clippings. Once the compost breaks down, you can use it as a natural fertilizer for your plants.
Growing food allows you to lead a greener lifestyle. When you take the initiative to raise even one of your own vegetables, you're eliminating transportation materials, fossil fuel emissions and time spent on grocery store shelves. Gardening also reduces food waste, as it provides you with fresh produce and allows you to give fruits and veggies to your friends and family.
Start Looking for an Apartment With a Garden
In an increasingly modern world, knowing that your home prioritizes a strong connection to the earth and your neighbors can be comforting and motivating. If you choose to move somewhere with a garden, try your hand at growing something! It could lead to an abundance of fulfilling connections.
Holly Welles is a real estate blogger covering design, finance and market trends for apartment dwellers. You can find more of her work on her blog, The Estate Update.
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.
111 West 57th Street Has A Selling Spree Post Shut Down
Hero Credit - Hayes Davidson
111 West 57th Street has announced it has sold two $30 million residences since the Governor’s shut down order took place. While the real estate market is experiencing challenges due to the pandemic, 111 West 57th Street is proving to be an outlier.
Residence 70 was purchased for around the list price of $30.5 million by an international buyer who viewed the apartment and signed a contract in less than 30 days. Residence 64 was purchased for around $30 million by a local buyer who before the shutdown viewed the home and signed a contract after the Governor’s order took place.
Both residences are located within 111 West 57th Street's 1,428-foot tower, the second tallest residential building in the Western Hemisphere. The development includes the historic landmarked Steinway Hall building which recently began closings and is comprised of a limited collection of 14 unique homes. JDS Development Group, Property Markets Group and Spruce Capital Partners are the developers of 111 West 57th Street, which features architecture by SHoP Architects and interior architecture by Studio Sofield.
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Listing With The Best Natural Light
Staying in? Aren’t we all. Windows invite more than just aesthetic and beauty into our homes. Large windows allow for more open exposure to natural light, which often assists in increasing our moods, energy levels, and even sleeping patterns. Adopting a more positive mood because of your body's adaptation to its natural sleeping patterns. These new listings have beautiful high-rise windows spanning from the living spaces to the bathroom- inviting happier moods and beautiful views.
These new listings are found at the 'second tallest residential building in the Western Hemisphere'. Designed by SHoP Architects and including interior architecture by Studio Sofield, this building is in Steinway Hall - historic for their original design by Warren and Wetmore the architects behind the construction of New York landmark Grand Central Station. Mixing classic and contemporary, these are a part of Studio Sofield’s limited collection of light-filled, pre-war residences in one of Midtown’s most beloved landmarks.
Residence 16N: $8,750,000
Ceilings and windows as high as the sky, the ceiling height can go as high as 20 feet in some spaces within 16N. Equipped with 2 bedrooms and 2 and a half bathrooms, the entrance foyer features a white macauba stone floor and an exquisite powder room finished in jewel onyx. The floors are custom smoke gray solid oak floors throughout with a parquet pattern in the living room. On particularly beautiful days, spend some time on the terrace you can enter from the kitchen.
Residence 17S: $17,995,000
This two-floor duplex comes equipped with 4 bedrooms and 5.5 bathrooms. The dramatic entrance foyer comes with open windows in the 23ft ceiling space. For formal entertaining, the dining room features two west-facing windows with bright, open views over 57th Street. The oversized kitchen with a breakfast room is perfect for informal dining and has two large windows offering northern exposures. The kitchen includes a countertop and backsplash in Cristallo Gold quartzite and top-of-the-line appliances.
635 West 42nd Street, #24F
Also located in Midtown West, this Hell's Kitchen residence faces all directions with floor to ceiling windows that provide an abundance of natural light. In case you want to enjoy the beautiful weather outside, the apartment building has a roof deck overlooking the entire skyline. The Atelier building is a luxury 45 story modern condo building, with 24-hour concierge/valet, a fitness center, landscaped terraces and a sundeck. The apartment includes beautiful oak floors in this 2 bedroom and 2 bathroom space, listed at $1,625,000.
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Our Favorite Listing:NBA Superstar Carmelo Anthony Lists His Full-Floor NYC Condo for $12.85M
Our favorite listing this week is 508 West 24th Street, Unit 5th Floor, home to NBA Player Carmelo Anthony. The ten-time NBA All-Star, has listed his New York City condo. The home is the largest unit in the Cary Tamarkin designed building at 508 W 24th that overlooks the High Line and is walking distance from world-class shopping and prominent art galleries.
The fifth-floor home is 4,556 square feet - the largest unit in the building - and is easily accessible through a private elevator. The home offers five bedrooms and four bathrooms, 10-foot ceilings, and rift and quartered white oak floors throughout.
“The full-floor loft is an art collector's dream with ample wall space and an ideal location next to the Highline,” said Kevin Mallen of The Michael Graves Team, Compass.
The unit is also ideal for quiet living and entertaining. The living quarters are separate from the two large entertainment rooms and dining areas. The residence features desirable 360-degree-views and includes a private balcony that overlooks the Highline.
The condo is being listed as Carmelo is in the market for another residence in the New York area. The perennial all-star recently began the next chapter of his storied career, signing a new contract with the Portland Trailblazers.
Kevin Mallan of Compass is the listing agent.
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.
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Ways to Make Your Rental Property More Profitable
Investing in rental properties is one of the best ways to make some passive income and even, potentially, primary income. Of course, there’s always a catch. You have to be willing to put in some work to maintain the property and make the home attractive. Additionally, you’ll work with your tenants, which sometimes can be harder than the physical work of bringing the property back to life. We understand the challenges, but we also know you’re in this for profit. If you’d like to learn some ways to make your rental property more profitable, we encourage you to read our guide below.
Maintain a professional relationship with your tenants
Put yourself in your tenant’s shoes and try to relate to their concerns. If you’re difficult to work with, or a tenant has to wait weeks to get something fixed on their home, they’re never going to stay. A profitable rental property is all about retention; after all, having the same tenant for five years is better than having a different tenant each year. To retain good tenants, be someone you’d want to work with. Fix problems in a timely manner and relate to your tenants. They’ll be more inclined to stay and pay more down the road if they have a great landlord.
Work out deals with other services
Many renters choose to rent because they don’t want to maintain the home or yard. If you’re new to being a landlord, you’re probably doing a lot of the work yourself. On the other hand, if you’ve been a landlord for a while, it may be in your best interest to make a deal with a local landscaper. For instance, if your landscaper charges $50 per month, you could charge the tenant $60 per month; that way you’re making something out of the deal.
Consider offering unique amenities
With rent prices being so competitive, you really need something––or some things––to make your property stand out. Each location is different, so it's important to consider what people in your city want. For instance, someone in Colorado might want a community-shared garden, while someone in New York City would love to have a parking spot. Use your location to your advantage and offer something unique that people in your area want.
Install quality items that last
When maintaining or developing a rental property, far too many landlords make the mistake of using whatever is cheapest. By doing that, you’re not only devaluing your property, but you’re asking for future repairs that will only cost you more. Instead, you should focus on making your rental durable and low-maintenance by installing quality items. That includes quality floors, paint, light fixtures, and more. You’re only costing yourself more by using cheap items; plus, your tenants will feel like their landlord doesn’t value the property. Prove them wrong.
Investing in rental properties and being a landlord is no easy feat. On top of your own home, you’re responsible for someone else's and answering calls at pretty much all hours. However, with these ways to make your rental property more profitable, you could earn some serious income.
Privacy In The Midst Of Chaos
If you’re looking for a charming place to call home while also giving you a nature escape, then we’ve rounded up some of the up-and-coming NYC properties giving you the best of both worlds.
Read MoreWalk Through This 100 Barclay Loft With River Views
Inside this weeks virtual tour
Read MoreHilary Swank's Former Townhouse Sells For $9,794,000
The former West Village townhouse previously owned by Oscar winner Hilary Swank has now been closed (virtually) on May 20th for $9,794,000 from Macy's President Harry A. Lawton III, He had previously purchased the home in 2017 for $10.5 Million.
Located at 33 Charles Street, the townhouse mixes much of the original woodwork with very modern touches. Sunlight pours into this house and every floor feels very open and inviting with landmark townhomes in front of residential, tree-lined and historic Charles Street and a garden in back.
Right in the heart of Greenwich Village. the townhouse built in 1899, offers 10 rooms with 3,736 square feet of living space.
The property was listed by Halstead’s Christopher Kromer and Nora Ariffin.
Naftali Group Closes on Biggest Land Transaction in NYC Post-COVID-19
Naftali Group, a leading privately held, global real estate development and investment firm run by CEO and Chairman Miki Naftali, announced today the acquisition of 470 Kent Avenue, one of the last large developable sites on the Williamsburg waterfront, for $102.38 million. This purchase is the largest land transaction recorded since the city’s shutdown earlier this spring.
"We believe in the future of New York and are invested in this great city," said Miki Naftali. “While we recognize the difficult times that we are facing from the COVID-19 pandemic, New York City will come out of this crisis stronger and better than before – just as we have done in the past. Our long term plans reaffirm our views of the strong residential market here. These types of projects take years to design and develop and we look forward to completing and occupying 470 Kent when the market recovers.”
Credit: Google Maps
HSBC, whom Naftali Group has a decades-long relationship with for project development financing, provided funding for 470 Kent. Naftali later added, “Banks are incredibly important during this time and we appreciate HSBC’s continued support.”
470 Kent will transform a rare waterfront parcel overlooking the East River. Adjacent to the Brooklyn Navy Yard and located on the prominent corner of Kent Avenue between South 11th Street and Division Avenue in South Williamsburg, 470 Kent is within walking distance to the water’s edge, which offers commuter services to and from Manhattan in less than 20 minutes from the South Williamsburg Ferry Terminal, as well as a host of subway lines including the J, M and Z trains. The Williamsburg Bridge, with easy access to Manhattan, is nearby.
The JLL Capital Markets professionals represented the seller in the transaction of 470 Kent.
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Virtual Tours Across Some of New York's Most Luxurious Buildings
While Covid-19 has impacted in-person visits to sales galleries and tours of buildings, technology is being deployed to host virtual sales tours for interested International and domestic buyers to showcase each development. Now’s a better time than ever to view some of the most luxurious buildings in Manhattan that you weren’t able to before.
111 West 57th Street
111 West 57th Street, is a bold yet graceful residential tower that soars perfectly centered over Central Park in Midtown Manhattan. The tower is the second tallest residential building in the Western Hemisphere and recently topped out at 1,428 feet following the installation of a 300-foot decorative steel crown, paying homage to the most iconic and celebrated skyscrapers of Manhattan’s pre-war Golden Age. Architecture by SHoP Architects and interior architecture by William Sofield. With only one residence per floor, the design of each of the tower’s 46 full-floor and duplex residences maximize the astounding park and skyline views.
The XI
The XI features architecture by Bjarke Ingels. It is a mixed-use residential and commercial development realized through an extraordinary collaboration between the world’s most visionary minds, including BIG, Gabellini Sheppard Associates, Gilles & Boissier, Enzo Enea, and Six Senses. Soaring above the Hudson River and the High Line and occupying one square block between 17th and 18th Streets between 10th and 11th Avenues, TheXI is comprised of two towers clad in travertine and bronze. The XI offers 236 luxury condominium residences, as well as the first US hotel destination by Six Senses Hotels Resorts Spas (awarded World’s #1 Hotel Brand by Travel + Leisure in 2017, 2018 and 2019).
11 Hoyt
Featuring architecture designed by critically acclaimed Jeanne Gang and interiors by Michaelis Boyd Associates, 11 Hoyt is a 57-story tower that rises 660 feet and spans almost an entire city block with frontage along Hoyt, Livingston and Elm Street. Located in downtown Brooklyn, one of the building’s distinctive features is an elevated, private park for residents that surround the building. Measuring nearly 27,000-square-feet it is built atop a two-story base that houses 40,000 square feet of retail space. The building includes 481 residences ranging from studio to four-bedrooms and an expansive collection of more than 55,000 square feet of indoor and outdoor amenities.
The Towers of the Waldorf Astoria
The Waldorf Astoria has been a beacon of timeless glamour for nearly a century—home to Hollywood’s elite, host to countless world leaders, and the site of famed cultural events and galas. The property is in the midst of an unprecedented restoration, undertaken with care by developer Dajia Insurance Group and renowned architects Skidmore, Owings & Merrill.
The wide variety of residences at The Towers of the Waldorf Astoria range from gracious studios to opulent four bedrooms and penthouses, many with unique floorplans and private outdoor spaces. Privacy and security are paramount, with a discrete residential experience separate from the hotel, two fully-staffed entry lobbies, a porte cochère with 24-hour valet service, and concierge closest into the entryway for every residence, allowing for secure delivery of packages and room service.
565 Broome SoHo
565 Broome SoHo is Pritzker Prize-winning architect Renzo Piano's first residential building in NYC and the tallest residential tower in SoHo. Renzo's vision for the building is shaped by light, which led him to design conjoined glass towers with curved corners and a unique "low-iron" glass with a crystal-like sheen that allows the facade to take on the color of the weather, as well as to create clear views from the interiors.
565 Broome SoHo features 17,000 square feet of amenities, highlighted by a 92-foot tall indoor conservatory with live green walls and three full-grown black olive trees; 55-foot long saltwater pool; private gated porte cochere that leads to the automated parking system (located above ground and encased in glass so cars are visible from street level). Residents also have access to a children’s playroom, 24-hour concierge and attended double-height lobby, fully equipped fitness center, and landscaped outdoor terrace.
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.
Ultimate House Moving Checklist
Moving is an exciting—albeit scary—time for many people. For better or worse, moving requires devotion, attention, and, sometimes, professional help. There are plenty of reasons why people decide to move. Maybe they are starting a family and need to have a lot more space, or perhaps downsizing is on their mind due to the fact that their kids are all grown up and with homes of their own. No matter what the situation is, moving seems to be a part of everyone's lives at one time or another, and nothing can make it worse than not knowing where to turn first in a sea of boxes. Whenever you decide to move, read this ultimate house moving checklist to see what you must do for a smooth transition. You will thank us later!
2 Months Out
When you’re two months or eight weeks out, you’ll want to prepare every room for the big day. Inspect each room of the new home for structural, plumbing, electrical, or any other issues. You may need a professional to help with this inspection. Also, use this time to order new furniture or appliances for the house. Couches, chairs, light and water fixtures, and heavy appliances take time to order, deliver, and install, so prep for these ahead of time. Additionally, consider hiring a Family-owned removal company in Oxford (if you happen to reside here) in order to assist with the move. Such companies tend to provide personalized service, potentially ensuring a smooth and stress-free relocation. This is especially helpful when separating your items into piles to save, donate, or sell, as a professional team can efficiently handle the heavy lifting.
1 Month Out
As the big day draws near, start the packing process. Always start with the items you rarely use since you can store these until necessary. Seasonal items may fall into this category. Remember, save more frequently used items for right before move-in day to have them ready throughout the process. Do not forget to label. This is a crucial step to ensure each box reaches its destination, especially if you use professional movers. However, keep valuables on hand to make sure they're not misplaced or stolen. You may also need this time to change your primary healthcare physician, veterinarian, mail, auto services, utility companies, and so on.
With the right professional assistance, relocating can be a far more organized and stress-free experience. People starting their new lives should always find reliable moving companies that offer packing, transportation, and even storage solutions to simplify the process. Choosing an experienced team ensures that your belongings are handled carefully and delivered to your new home on time. Taking these extra steps allows you to focus on settling in and making your new space feel like home.
The Day Of
Finally, with the last part of the ultimate house moving checklist, the big day is here and you’re ready to live in your new home. Say goodbye to your current living situation and say hello to your new house! If you’re using furniture movers in Toronto, supervise the load-in so that furniture and important items aren’t damaged.. Also, you may need to clean up a bit if you’re moving into an older or previously owned house. Make a final walk-through to assure everything works well. You may find something unbeknownst to you before, like poor water quality or faulty electrical currents. Either way, now’s the time to call a professional to take care of those issues.
South Williamsburg's The Dime Starts Leasing
Leasing has begun at new rental development, The Dime, in South Williamsburg. Offering 177 apartments and a full suite of lifestyle amenities, including over an acre of outdoor space, the building is set to welcome its first residents this summer. A virtual, no contact leasing program led by Douglas Elliman Development Marketing has begun, allowing renters to safely and conveniently explore the brand new living spaces.
Designed by Fogarty Finger Architecture is comprised of studio through three-bedroom apartments, crowned by two stunning penthouses. With soaring ceiling heights, and floor-to-ceiling windows, residences at The Dime will enjoy sweeping views, including multiple New York City skylines, the Williamsburg Bridge, and the harbors, rivers and highways that thread the city. Individual homes are thoughtfully-designed to evoke calm and relaxation. Penthouses and select residences feature expansive private terraces.
“We’re proud of The Dime, from its architectural design to its efficient and modern living spaces, to the carefully thought out amenities that will foster a balanced lifestyle,” said Sam Charney, Founder and Principal of Charney Companies. “We think now more than ever, residents will especially appreciate the abundance of private outdoor space, totaling over an acre with plenty of room to socially distance. It affords great opportunities to garden, grill, exercise and enjoy the fresh air, all set against the beautiful backdrop of the Williamsburg Bridge.”
The building’s entire fifth floor is home to a dynamic mix of lifestyle amenities including an expansive terrace featuring comfortable seating throughout, a community garden, space for yoga, a cooking area with grills, multiple dining tables, and lush greenery set around a great lawn. An indoor Wi-Fi-enabled lounge offers plenty of room for residents to unwind on comfortable sofas, get lost in a book on cozy reading chairs, or catch up on work at spacious tables.
“Williamsburg has emerged as a center of creativity, a major hub for technology, media and the arts, making it an especially appealing neighborhood for people working in those fields,” said Nicholas Silvers, Founding Partner of Tavros Holdings. “In addition to comfortably-designed homes and 24-hour amenities, The Dime is entirely Wi-Fi-enabled throughout the building and complimentary in both indoors common areas and outdoors. With plenty of lounge, work, and open air spaces, we think the building will provide the lifestyle and technology that freelancers, entrepreneurs and creatives want in a home - not to mention the rapidly growing workforce of remote employees.”
At the penthouse level, residents will enjoy a private vintage-style lounge with both indoor and outdoor areas and mesmerizing views. The lounge’s speakeasy-inspired bar is outfitted with elegant seating, warm library lighting, and art and sculpture, making it the perfect space for entertaining guests.
Residents will also find a half basketball court and a state-of-the-art fitness center programmed by The Wright Fit, a firm that has created fitness centers in high-end condos, such as 56 Leonard and 15 Central Park West. The Dime represents the first time the company has designed a fitness center in a rental building. In-building bicycle storage is also available.
The modern apartments at The Dime offer high-end kitchen finishes with white Caesarstone countertops paired with glossy gray subway tile backsplashes and cream-colored cabinetry. All homes are equipped with panelized appliances, including dishwashers, refrigerators, electric cooktops and ovens, and stacked washer/dryers. Tranquil bathrooms feature Chestnut vanities with white Caesarstone countertops, pearl-colored wall tiles and walk-in rain showers.
“The initial interest and inquiry volume are unprecedented for a new development rental and we’ve successfully been able to take our leasing efforts entirely virtual to safely accommodate renters currently navigating the marketplace,” said Matthew Villetto, Executive Vice President, Douglas Elliman Development Marketing. “The elevated finishes, robust, technology-supported amenity offerings and panoramic views of the Manhattan skyline and beyond, make The Dime one of the most sought after properties in one of the most desirable locations in all of New York City, and we’re excited to bring it to market.”
Prices at The Dime will start around $3,000 for studios, and over $7,000 for three-bedroom apartments. Penthouse residences with wraparound terraces are priced from $13,000. For more information or a virtual tour, please call 718-599-DIME or log on to www.thedime.com which supports a live text now feature to speak directly with a leasing agent.
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You Can Now Buy Sylvester Stallone LA Quinta Home
Every wanted to live in the same home as Rocky star Sylvester Stallone? Now you can, all you need is a cool $3,350,000, to purchase his La Quinta, California home.
Located at 52945 Humboldt, La Quinta, you can imagine the heavy wood double doors open up to a vaulted ceiling in the entryway, which leads into the double-height living room. A stone fireplace is the focal point on one wall of the living room.
The spacious kitchen features a large wood-and-stone island. The upstairs ensuite includes a disappearing flat screen TV at the foot of the bed for entertainment and a fireplace including a private terrace off the bedroom. The serene master bath includes a two-sink vanity and a tub. The dining room opens onto the back terrace. Interior details include arched entryways, beamed ceilings, wine room, walk-in closets, & powder room. The expansive outdoor details includes multiple terraces, a pool and spa shaded by lush palms, and a built-in fire pit. The residence backs up to a burbling creek.
The listing is being held by Douglas Elliman agent Josh Reef.
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