Open 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.
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Off The MRKT - Where New York's, Real Estate, Life Style, and Culture Converge
Looking for a new place to live or just curious about what's on the market? Check out our top open houses this weekend.
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Read MoreLast week the Daily Front Row hosted an intimate awards luncheon attended by numerous celebrities to celebrate this year’s honorees at The Park Loggia, a luxury residential development near Lincoln Center, opening in late 2019.
Emily Ratajkowski, Tan France and Nina Garcia
The lunch was hosted in the residence lounge, which is just one area of the thoughtfully curated wellness, leisure and entertainment amenities designed by AD100 designer Pembrooke & Ives. The 20,000 square feet of amenities at The Park Loggia span multiple floors as well as the rooftop Park Loggia. Residents will enjoy 7,000 square feet of outdoor amenities, including a landscaped garden and lawn with barbeques and pergola.
Notable guests including honoree and model Emily Ratajkowski, supermodel Kathy Ireland, editor-in-chief of ELLE Nina Garcia, famed hair guru Frédéric Fekkai, and Queer Eye star Tan France. The gathering also celebrated the American release of beloved talk show host and FMA emcee Graham Norton’s latest novel, A Keeper.
The Park Loggia was developed by AvalonBay Communities and designed by Skidmore, Owings & Merrill, which features 172 condominium residences ranging from 495 square foot studios to 2,391 square foot four-bedroom penthouses with private outdoor space.
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 lot of people believe that only the rich and famous can take advantage of smart home technology. This is not the case at all, in fact, it’s now easier than ever for you to access this kind of technology and the best thing about it is that it is very affordable to purchase too.
Sound Systems
If you want to implement smart technology in your home then you need to start out with sound. Smart speakers are now more accessible than ever before, and you can easily set them up in various areas of the home. The great thing about smart sound systems is that you can use them to control almost any aspect of your home via voice command, so they are well worth the investment. If you want to have sound outside for family BBQs, then you might want to think about investing in a waterproof speaker instead.
Lighting and Temperature
Smart thermostats are becoming increasingly popular and you would be surprised at how easy it is for you to get them installed. When you have this kind of technology you will increase the value of your home and you can also turn an ordinary room into something really special. If you want to get the best result out of your lighting and thermostat installation, then it helps to install your system where you have a good WiFi connection. After all, your bulbs will need to connect to the central hub and if there are dead spots in your home then you need to make sure that you avoid putting the system there.
Security
If you want to keep your home safe, then you’ll be glad to know that there are plenty of smart security systems available. They give you the chance to view your front porch, back gate or even driveway from the comfort of your own living room because most of them can wirelessly connect to your television. It’s also possible for you to connect your doorbell to a smart system too, and when you do this you can then access a live video feed of your front door regardless of where you are.
Electronic keys
Electronic keys are becoming increasingly popular. You can send someone an electronic key from a downloadable app, and this will unlock the bolt in your front door. This is ideal if you are one of those people who are always forgetting their keys and it’s also very secure too. If you feel as though your home is too dated to have this kind of tech then why not look into a custom home builder? If you do this then you can build your home with the purpose of it being smart right from the get-go.
So, there are many ways for you to turn your property into a smart, technology-focused home. If you want to take that next step then it helps to focus on one room at a time, so that you can gradually transform your building without breaking the bank.
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.
Real estate investment is often seen as a singular transaction: you decide that investing in real estate is the best choice for your future, you buy a property, you find tenants for that property, and everything flows smoothly from there. While it’s certainly possible to limit your investment to a single property, it may also be worth thinking about expanding further, and opting to invest in a second property in due course.
Property is always a good investment choice; buildings are a stable and tangible asset, can help you hedge against inflation, and will generate a (relatively) passive income. By choosing to invest in a second property, you are doubling down on all of these benefits. What’s more, you should find the process all the simpler second time around - you know what to expect, what challenges you may face and how these challenges will be overcome, so everything should be far more straightforward than it was with your first property.
In addition, a second property can help to avoid an “eggs all in one basket” scenario; essentially, two properties will always be better than one, as explained in the points below:
Local market forces. While economic downturns can impact the national property market as a whole, some areas tend to be more adversely affected than others. If your first investment property is in an area that has been particularly badly hit, then this will negatively impact your financial prospects. However, if you choose to buy your second real estate investment property in a completely different location to your first, then your interests are more widely spread.
Physical property damage. With a single investment property, any issues with that property can severely harm your finances - for example, if your property is damaged in a storm or experiences structural issues, then your tenants may need to leave until the damage is repaired. In such a scenario, your income from the property would vanish, but your expenses would increase as you have to finance the repairs - which is obviously a very difficult situation. With a second property, however, you’d still have at least one stream of continued income while the other property was repaired, which better protects your finances.
Existing property performance. Ideally, your first property should be performing well and generating a stable income before you consider moving onto your second.
Financial health. Assess your overall finances to check if you can meet costs (such as the need for repairs and maintenance) on two properties.
Time availability. Go through your existing schedule and try to estimate how much time you have spent on your existing property and ask if you have the same amount of time again available to manage a second purchase.
Buying a second property can be a truly fantastic choice, and if you decide to give it a try, we hope the information above will prove to be useful.
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.
Where to be seen during the upcoming charity circuit
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Read MoreLast week on the same day of the new iPhone reveal, Hendrick’s Gin, announced its first (sort of) venture into modern technology – a new division of elaborate, entertaining devices that offer an oft-needed respite from the mundanity of mass-produced modern electronics: “The Hendrick’s Department of Not-So-Convenient Technology.”
The very first item in the department, unveiled Tuesday night at an intimate theater in Manhattan among luminaries in the tech and cocktail world, is Hendrick’s Horatio – a beautifully elaborate voice activation device made of brass, copper and leather parts.
“Horatio perfectly demonstrates our entirely unnecessary response to what we see as a gaping hole in the modern technology market. The speaker even includes a built-in cocktail holder, an innovation that we expect to rock Silicon Valley back on its knees!” stated the gin-maker’s ambassador to the Western United States, Mr. Mark Stoddard, who was in “full turtleneck and specs” in his wardrobe for the event.
Key features of this wondrous contraption include finger-powered activation (freeing your voice for other things), a martini holder and endless bragging rights at parties. You might hear Horatio, a chipper fellow with a delightful British accent, utter anything from “The fitness center opens at the ungodly hour of 5am” to “Let’s just say it is a good day to carry an umbrella in one hand and a cocktail in the other.”
Each is a full-fledged work of art created by two American artists and includes lovingly salvaged antique parts collected over many years. Indeed, no two are exactly alike. These are indisputable prized feats of human achievement that will undoubtedly increase in value over the years, all while continuously delighting Hendrick’s home imbibers, their families and guests. They are available online on a first-come-first served basis for the entirely reasonable price of $1,113 per unit.
Stay tuned for more unusual gadgets to come from the Department of Not-So-Convenient-Technology. For more information, visit http://www.hendricksgin.com/us/dnsct and to purchase Horatio for yourself, visit https://hendrickstinyshop.com/.
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.
After only Three Weeks, “Million Dollar Listing New York” Star Ryan Serhant’s First-Ever Digital Sales Course has broken records bringing in more than $100K in sales a day and becoming the #1 Selling Real Estate Course of all time.
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New York City is one of the most desirable places to live in America. Known for doing things on a grand scale, it’s bustling lifestyle, and lucrative career choices, the city that never sleeps is the ultimate dream for millions of individuals. But with the cost of living in New York City coming in at 138.6% more than the national average, you have to be smart when it comes to selecting the perfect property.
Yahoo! reports that during the second quarter of 2019, properties in New York City spent an average of 131 days on the market before being sold. As a result of this long waiting period, sellers started dropping their asking prices at the highest level in almost a decade. This demonstrates how buyers are in the driving seat. So, when it comes to shopping around for a New York City home, look for ones that have been on the market for some time as you’ll likely get the best bargain. You should also avoid putting in a swift offer on a property until the price has been dropped at least once.
You might think that purchasing a luxury property, such as a condo, is an unaffordable dream in New York City, especially as the New York Times reports that the average price of them is $1.5 million. However, as 25% of all condos built since 2013 remain unsold, there is plenty of room to negotiate on price. What's more, the benefits of condo living include no maintenance fees and shared repair costs so, in the long run, you'll benefit financially. Most people looking to become a homeowner will borrow the funds required to purchase a property. While the sum needed for a condo will be slightly higher, you can save cash by shopping around for the best home loan deal.
New York City might be one of the most expensive U.S. cities to live in but there are still ways to ensure that you don't spend more than you need to. Properties in Windsor Terrace typically start at half the price of those in nearby Park Slope, according to the New York Post. Whereas, in Forest Hills, a condo can be picked up for $200,000 less than in Long Island City. This shows the importance of considering property in less-known areas of the city.
Living in New York City needn't be just a dream when you follow these tips. By biding your time and shopping for the right type of property in the cheapest areas, you'll be living your NYC dream in no time at all.
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.
Is there significant proof to back up the claims that essential oils are worth the time and money?
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