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Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, is pleased to announce that Tristan Harper, Associate Broker and one of its consistently top producing agents, has sold and closed a 20,000SF historic mansion located at 854 Fifth Avenue in Manhattan, NY, in an all cash, off-the-market transaction, for a full asking price of $50 Million, net to seller. Additionally, the purchaser paid all closing cost, some of which are typically paid by the seller (transfer taxes, broker fees etc.) which added over 11% to the out-of-pocket expense for the buyer.
The Seller -- Successor States to Former Socialist Federal Republic of Yugoslavia (namely: Bosnia and Herzegovina, Croatia, North Macedonia, Serbia and Slovenia) and the Purchaser – a Limited Liability Company with an address in New York City, signed the contract on 3/9/22 and finalized the closing on 9/27/22.
“The sale of 854 Fifth Avenue, for the first time in over 75 years, opens the next chapter in the glorious history of this property, which was once owned by the granddaughter of scion Cornelius Vanderbilt, and later by the communist leader Josip Broz Tito of Yugoslavia. The new owner of the trophy building has just purchased a significant piece of New York City’s history,” says Tristan Harper.
854 Fifth Avenue is a 30.5-foot-wide limestone mansion designed in 1903 by architects Warren and Wetmore of Manhattan’s Grand Central Station fame. In1969, it was designated an Individual Landmark of New York City, for its “impressive purity of style which was executed with such finesse and authority.”
A Beaux Arts-style residence features 32 oversized rooms and 12 bathrooms spread on nine levels directly opposite Central Park. Spectacular views from 10 rooms facing the Park include some of Midtown and West Side’s most iconic buildings, both old and new.
Most of the home’s original details remain intact to this day, including two stunning 18th Century French tapestries presiding over the grand winding staircase, 17 fireplaces, hand-carved balustrades made of single pieces of rare Italian marble, gold-leafed boiserie, hand-painted ceilings reminiscent of the Old Europe, paneling from an antique French Chateau retrofitted to this space, and two elevators. There is also an ornate skylight over a two-story high main hall with ceilings 34 feet tall.
The house was built for R. Livingston Beekman who soon after became the Governor of Rhode Island and sold the building to George Grant. The next owners became Henry White and his heiress-wife Emily Thorn Vanderbilt Sloane White, the granddaughter of scion Cornelius Vanderbilt.
In 1946, Josip Broz Tito, the late head of Yugoslavia purchased the house for his country’s Permanent Mission to the United Nations. In 1961, Tito and the presidents of Egypt, Ghana, India and Indonesia drafted a plan for the creation of the Non-Aligned Movement in one of the main rooms of the mansion. The Movement will grow to become an alliance of almost one third of the world’s nations, during the Cold War.
After Yugoslavia disintegrated in the civil war of the 1990s, the property was “inherited” by the governments of the five Successor States. Following an UN-sponsored treaty, signed in the early 2000s, the property first hit the market in 2017. Two initial offers were not agreed upon due to the complexity of negotiations and internal procedural technicalities among the owners.
In December of 2018, an electric fire almost destroyed the residence and the property was withdrawn from the market. It remained unavailable for showings thru Covid-19 pandemic and beyond.
Current purchaser’s full price offer was presented sight-unseen, in 2021. The contract was signed almost nine months later and the closing, which took place in three parts, was finalized on 9/27/2022.
“This was a challenging and truly one-of-a-kind deal which necessitated my multiple trips to the Balkan countries to meet with high government officials, including one of their presidents. The deal would have never happened without the commitment and determination of everyone involved,” remarks Tristan Harper.
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Selling your house isn’t always an easy decision. However, there are many good reasons why selling your home would be a good idea. In many cases, the sale may be part of a larger financial strategy that you’ve planned for yourself or for your family, or it can also be as simple a matter as your home outgrowing its function or purpose. In this short guide, we’ll explore some of the most common reasons people sell their houses, and why you too might want to consider putting it on the market or selling it to a home buying company.
1.) The House is an Unneeded Asset
It’s not uncommon for people to inherit houses that they have little use for. The house might be in an inconvenient location, associated with negative memories, or is simply too expensive to maintain. In these cases, it just makes perfect sense to sell the house rather than keep spending to maintain it. If you have such a house in the Upper Midwest and you’ve been spending some time online to see results for “sell my house fast Michigan” and other such queries, you should know that you have options. Look for a reputable home buyer that can buy your house quickly and pay you in cash.
You may also search for "we buy houses as-is" companies to avoid any expensive repairs or renovations. Even if your house is in very poor condition, you can still get a reasonable offer from a home-buying company.
2.) You Don’t Want to Deal With Tenants
A common strategy of people with multiple properties is to rent out some of their houses. However, a lot of would-be landlords may find that they will be too busy to manage their properties. In this case, it may be a good idea to just sell the houses one doesn’t need.
This can still work for people who already have tenants on their property. While it may be a bit tougher to sell a property that has renters, you may be able to find a realty service that could connect you with other landlords or real estate developers who are willing to purchase a property with renters.
3.) You’re Unable to Make Mortgage Payments
While it’s not a position you’d want to be in, offloading your property before it’s foreclosed is a legitimate way to cut your potential losses. Of course, it may be difficult to sell a property that is behind in its payments. However, teaming up with a home buying company or realty service should help you find a buyer more easily.
4.) You Have Problems with Squatters
Having a squatter in your house that one can’t get rid of is a nightmare scenario for many homeowners. Unfortunately, in some areas, property owners have extremely limited recourse when it comes to getting rid of squatters. The difficulty of evicting squatters has even led to the rise of serial squatters who abuse the system to live rent-free on properties.
If you find yourself with a serial squatter who understands the law, it may be years before you could eject them from your premises. What’s more, while not all squatters are dangerous, some have been known to be violent against property owners.
In this case, selling a home with an embedded squatter to a property developer with sufficient legal and security resources can be a good way to end this nightmare. Your realty service should be able to connect you with buyers who will be willing to take on a property with a squatter issue.
5.) You Want a Smaller Home
Fewer Americans than ever before are sharing the dream of a multi-bedroom home in the suburbs with a lawn and a two-car garage. Selling your house and using the proceeds to purchase a smaller, more efficient home closer to a city center is now a full-blown trend among American homeowners.
More people than ever before are opting to move into apartments, condominiums, or small detached homes. These properties typically cost much less to maintain and may be a better option for smaller families. The smaller running costs make these options especially attractive to retirees and people who want to lead simpler, more focused lives.
6.) You Are Leaving Your State
Homeowners who choose a full-time job opportunity in another state or overseas may find it hard to justify maintaining their current home. If they couldn’t find renters, the home will likely just be a drain on their resources.
If this situation applies to you, finding a qualified real estate agent may not only help you find a buyer faster, but it should allow you to make a less stressful transition to your new life. If you're thinking, “I need to sell my house fast san diego before relocating,” connecting with professionals who specialize in quick local sales can make all the difference.
7.) Renting Is a Better Fit for You
A growing number of Americans are ditching homeownership in favor of renting. And it has little to do with their ability to afford a house. People who have to move frequently or are interested in the potential financial advantages of renting may find that owning a house may not fit their personal, financial, or professional goals.
8.) The Property Is Too Depreciated
It’s worth noting that for all the benefits of homeownership, conventional houses can also lock homeowners into one location, which may not be ideal if property values in the area are decreasing or if jobs are moving elsewhere.
Also, if your house is in poor shape and is located in an area with low property values, fixing up the house may be much more trouble than it’s worth. If the house does not have any sentimental value, it may be a good idea to just sell the home and move rather than hold onto it.
9.) Family Matters
Your family situation can determine what house meets your needs. For example, if you have multiple adult children who already have their own homes, it may no longer make sense to keep a house that could accommodate all of them. You could also consider selling a home you don’t need to a close family member, should you need different living accommodations.
10.) You Don’t Like Your Location
Some individuals simply don’t like the location of their home and will sell it in favor of one that more closely meets their lifestyle’s needs.
And they’re not moving overseas or out of state either. According to the Harvard Joint Center for Housing Studies, the vast majority of moves are local. About 65% of moves happen within the same county and only 18% involved moves out of state. This is due to the diversity of living conditions that could be found even within just one county.
If your living situation just isn’t working out for you, selling your house and moving elsewhere might be what you need to do to improve your quality of life.
Final Thoughts
Homeownership is something that most Americans believe in and the data seems to confirm this. However, it sometimes just makes sense to sell your house, especially when you are in a new stage of your life.
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Each month we scour the world for some new wines that we can’t wait to share with you. From Long Island to New Zealand, no wine is off-limit. Perfect for a night in, or a collector’s piece for your top shelf, here are our favorite wines for September.
The 2019 sparkling wine is a cuveé of Pinot Noir and Chardonnay fruit. Delicate, fine beads rise-up through your glass as the wine is poured. Fragrant aromas of hibiscus flower, red- sour cherry and a touch of watermelon rim are complemented with fresh brioche bread and mandarin citrus notes. On the palate, mandarin and kumquat, citrus fruit, a touch of wet stone minerality and light cherry flavors are balanced with Sonoma-Cutrer’s signature acidity. This sparkler is a perfect pairing with goat cheese, fruit tarts or fresh oysters with salmon caviar.
The Vina Robles 2019 Petite Sirah ($32) is here to match your style. Petite Sirah is a classic variety grown in California for more than a century, and is well-suited to the limiting soils found in the estate vineyards in Paso Robles. The wine displays complexity, structure, richness, and balance with luxurious aromas of Boysenberry and vanilla and tasting notes of juicy dark fruits, vanilla and a lively yet creamy finish.
Quality meets convenience with Wander + Ivy! Handpicked from the world’s greatest wine regions, Wander + Ivy’s elegant 6.3 oz. bottles are the perfect portion for sampling Red Blend from Valencia, Spain, Rosé from the South of France, California Chardonnay, Italian White Wine, and California Cabernet Sauvignon. Developed by Wander + Ivy in 2017 to showcase world-class wine in convenient and affordable sizes. Dana developed the brand so she could have the freedom to enjoy a great glass of wine anytime without the guilt of knowing most of the bottle would likely go to waste. Today, Wander + Ivy is turning heads in the wine space and reinventing single-serve wine.
Otronia 45 Rugientes Pinot Noir 2018 (SRP: $40): "Otronia” has been born. Alejandro Bulgheroni’s innovative winery in the most extreme Patagonia, Argentina, is giving origin to a new region of precision viticulture, which challenges the limits of what is possible.
“A pale, clear yellow in the glass, the elegantly restrained nose reveals aromas of lemon, grapefruit and pear over notes of apple blossom, sage and mineral shimmers of crushed stone. Brimming with freshness, the palate is tightly coiled around a core of bright citrus and early season white stone fruit notes.”
This focused and taut white was fermented and aged in a mix of stainless steel and Austrian and French oak casks and puncheons, It spent five months in stainless steel, oak and concrete eggs producing a round structure with a refreshing and saline finish. The wine is accessible and most enjoyable in its youth and is recommended to be opened over the next three years - and especially at this weekend’s cookout.
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A first look at The Matteo, a 15-story luxury condominium rising at 323 East 79th Street by Boomerang Development Group. The Matteo marks the developers first foray into the Manhattan residential market and brings a boutique property, comprised of full-floor homes, each with direct elevator access and one duplex residence, to a neighborhood where this is surprisingly a challenge to find.
With architecture and interior design by Woods Bagot, the property will offer 14 new residences. The design team created The Matteo as an ode to the Upper East Side, resonating with the neighborhood’s rich history. The subtle gray masonry façade’s brickwork is meticulously arranged in distinctive patterns which imbue a contemporary feel. Inside, residences are comprised of three- to four-bedroom homes, each with private outdoor space, and interiors expertly tailored in neutral palettes that lend a luxe aesthetic, including plank and chevron patterned engineered hardwood flooring and Carrara marble surfaces throughout.
Know for trend-setting new construction properties within the Tri-State Area, as well as and Brooklyn’s most fashionable neighborhoods, Boomerang possesses a deep understanding of the intricacies affecting the city’s residential real estate landscape. The team recognized the demand for more refined and spacious offerings within a boutique-style property on the Upper East Side.
Selling The Hamptons star, Bianca D’Alessio of Nest Seekers International, along with her team The Masters Division, are leading exclusive sales and marketing efforts for the property.
Homes are priced from $3,750,000.
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If you’re looking to jump from renting to owning in New York City, you’ll likely need to choose between a condo or co-op. Many people combine the two types of homes in the discussion, but the truth is that they’re very different experiences with distinct advantages and disadvantages.
Many people enjoy the relative ease of buying either a condo or co-op. The prices for these properties are significantly lower than a house and give young professionals less to take care of throughout the year. People also enjoy co-ops and condos due to their proximity to everything — multifamily buildings are the best bet for enjoying life in a densely populated city.
There are many things to consider before selecting the best option for you.
Condo and co-op aren’t interchangeable terms. Condos are private residences in a multifamily building that includes ownership of any commonly used space. Co-ops have owners that share an interest in the property instead of the individual unit.
They do have similarities, of course. Both are typically managed by associations — condo associations and co-op boards — but the latter have far more power over things like applications and community living standards.
Similarly, both offer the convenience of living in a multifamily building versus your own private property. You will not be held responsible for the street removal of snow in the winter, for example, which often requires the use of contracted services with heavy equipment and careful removal in NYC. You may also get access to helpful amenities like a doorman, package receptacle and more.
Finally, one stark difference is availbility. There’s a more significant number of co-ops in NYC than condos, but there tend to be more condos on the market at once. Consider the advantages of both home types to help you decide which to buy.
Condos are more straightforward to finance than co-ops since you aren’t as involved in the building. Due to this, you also can keep greater privacy since no one will be deciding on whether you can live there or not.
Condo boards do exist, but they tend to be much less strict than co-op boards, which can take months to approve and will likely require an interview. Co-ops also tend to involve other community residents in the decision.
Owning the unit means you have fewer fees to worry about than if you lived in a co-op, where you have a stake in the whole property. You will have to pay for utilities and will likely have “common charges” to help take care of the building, but you won’t have the same stake in the entire property that you would in a co-op.
Co-ops tend to have more rules than condos, making condos an excellent choice for you if you want more flexibility. If you decide to lease out your condo, you’re more likely to succeed than trying to do so with a co-op.
One of the most significant benefits of living in a co-op is a sense of belonging, with you becoming an investor in the entire community. Many people like co-ops because they provide a sense of permanence they might not feel in other parts of the city.
Co-ops tend to be in older buildings, providing a more centralized location than most condos. Many are remodeled with luxury amenities you won’t find in condos, including pools, gyms and green spaces.
While fees in a condo are generally lower, co-op purchase prices tend to be cheaper. There’s also a stricter purchasing process, with the board approving you after a series of reviews and an interview.
Living in a co-ops has both advantages and potential disadvantages. Co-ops tend to have stricter rules than condos, limiting noise and outer decor to certain times of the day or year. Operating like homeowners associations to those less familiar, co-op boards are enabled to oversee aspects of communal living and set standards that may or may not contribute to every resident’s quality of life.
For this reason, co-op purchases can be rife with uncertainty. While co-ops make up 74% of the housing stock in NYC, they are not subject to the same scrutiny in regards to application transparency and fairness that rentals and private homes are. Many applicants have experienced unexplained rejections or, once they moved in, experienced board members and neighbors eager to exercise control over their living situations.
Co-ops can involve tradeoffs. Many beautiful, well-located buildings in the city are co-ops, so purchasing one opens up amazing properties for residents. Some may enjoy the sense of community and input a well-managed co-ops creates, while others may chafe from the influence of their neighbors.
In general terms, condos offer freedom while co-ops provide community. Still, the experience depends on the individual group that controls the building and the culture established there.
Deciding to purchase a residence in New York City means you’ll never be far from all the action, but it gives you the freedom and sense of permanency that renting fails to provide. Once you move into your ideal place, you’ll feel right at home.
Author
Evelyn Long is the editor-in-chief ofRenovated. Her real estate work has been published by the National Association of REALTORS®, Rental Housing Journal, and other online publications
Today we head North to Central Harlem to tour 26 W 127th Street, a newly constructed boutique luxury condominium located between Lenox Ave. and Fifth Ave. in central Harlem.
Completed this summer and already 50% sold, 26 W 127th Street boasts 11 one-bedroom residences and one studio apartment ranging in size from 572 to 587 square feet; sales first launched in June.
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If you're considering buying a new home in Texas, there are many things to consider before moving to the Lone Star state. Below are many laws, activities, and things to know before transitioning to Texas. Research and brush up on these pointers before purchasing a home in this state.
Texas home prices will also differ depending on location - home values in Houston have increased by almost 8% in the last year alone. With so many people moving to Texas, it's essential to familiarize yourself with the different home prices in Texas and choose a neighborhood where home prices are affordable and not at their peak. Being smart about your Texas home purchase can help you find a home that builds equity fast and is worth the investment.
Crime in Texas will differ depending on which part of the state you move to. For instance, in the first five months of 2019, almost 91,000 crimes were reported to the Houston Police Department. However, Trophy Club and Fulshear are considered some of Texas's safest cities with low crime rates. Suburban areas and rural towns often report fewer incidents, making them attractive to families or individuals seeking a quieter, safer lifestyle. Thoroughly research the area of Texas you will move to and consider the crime rates in order to get an idea of the safest cities in Texas. Tools like online crime maps, local law enforcement reports, and community reviews can offer valuable insights. Additionally, consider factors such as neighborhood watch programs, the presence of nearby law enforcement agencies, and the overall community atmosphere to ensure your new home aligns with your safety expectations.
Texas is a vast state with many different climate regions. For example, the Gulf Coast region has hot and humid summers with mild winters, while West Texas is arid with temperatures ranging from below freezing in the winter to over 100 degrees Fahrenheit in the summer. Keep this in mind when buying a home, and prepare your home so you can save on energy bills during the peak of summer and winter. According to Rpsc.energy.gov, upgrading your HVAC unit is one of the best ways to improve your energy use: almost 50% for electric and 10% for gas. Use Energy Savings to compare electricity plans in Texas.
Whether you love the outdoors, want to experience world-class museums, or enjoy live music, there's something for everyone in Texas. For instance, Houston is home to the Museum of Fine Arts and the Johnson Space Center, while Austin is known for its live music scene and annual festivals like SXSW. There are also many state parks and natural attractions to explore in Texas. Big Bend National Park, for instance, is a huge park that covers over 800,000 acres and features beautiful desert landscapes.
From ranches and country homes to urban apartments and condos, a wide range of housing options are available in Texas. If you’re considering the Houston area, you might want to Find an apartment in Woodland Houston TX to enjoy a blend of urban and suburban living. It's essential to figure out what type of home you're looking for and where you want to live before beginning your home search.
Texas is a culturally diverse area where you can feel at home with a rich melting pot of people. One thing that makes Texas so unique is its diverse population. According to the most recent census data, over 28% of Texans are Hispanic or Latino, and almost 13% of the population is African American. According to new Census data, nearly 31 million people moved to the United States in 2019, many of whom moved to Texas due to its friendly immigration laws. There are also significant populations of Asian Americans, Native Americans, and people of European descent living in Texas.
Now that you know a little bit more about what to expect when moving to Texas, you can start researching different areas of the state and begin looking for your new home. Remember to take your time, ask lots of questions, and thoroughly explore any area you're considering moving to. Once you've found the perfect place to call home, you can start enjoying all Texas offers.
One One Eight features a collection of four townhouse-style duplexes with direct, keyed elevator access and private outdoor space in New York City’s East Village neighborhood. The penthouse residence is a stunning triplex with massive outdoor space on the roof – providing the perfect balance for indoor-outdoor living in one of the most vibrant corners of Manhattan.
Direct keyed elevator access opens into a foyer, beyond which lies a sun-drenched terrace with a boxwood hedge. Boasting 15' ceilings, the dining area and living room are ideal for entertaining and relaxing, with the latter featuring an additional airy 66 sq. ft. balcony and a ventless fireplace with Tundra Gray stone mantel and surround. The gourmet kitchen is a masterful combination of efficiency and culinary technology with sleek Miele appliances, a chef's 36" Bertazzoni induction range and hood, Artemis White marble countertops and backsplash, a dual-zone French door wine refrigerator, Bosch drawer microwave and concealed trash bins, all surrounded by European Oak cabinetry by Alta Cucine.
The half-floor primary bedroom suite includes room for seating, exercising or an office, a Juliet balcony with an irrigated hanging garden, roomy walk-in closet and a jewel-box en-suite bath with customized dual vanity, Siberian and Woodgrain marble walls, herringbone flooring, Italian fixtures by New Form in brushed stainless steel and a handcrafted bathtub by Wetstyle. Two further spacious bedrooms, one with courtyard balcony, offer Italian wardrobes by Alta with white lacquered doors, contrasting all-wood interiors and LED lighting. A second full bath boasts elegant finishes and fixtures by New Form and Kohler. Both baths have Toto toilet fixtures and Aquadom medicine cabinets with integrated dimmable LED lighting, clock, USB outlet and defogger.
On the third level a large space overlooks the living and dining areas: currently configured as a media room, it could also serve as a gym or home office. Sprawling over 1194' sq. ft., the crowning roof garden includes a kitchen with an electric BBQ range and wet bar for gatherings as well as irrigation for a lap pool or jacuzzi. Stunning views day and night include the Empire State and Chrysler Buildings. Plantings of potted juniper and hydrangeas are served by automatic Hunter Node battery-operated irrigation systems with drip irrigation lines in all planters.
Custom Italian white oak doors by GD Dorigo with Italian Columbo Design hardware; walls are adorned with flexible lighting and recessed oak baseboards; 6" European white oak floors appear throughout; 10' ceilings on the lower level, third full bath with shower, dedicated laundry closet with vented Samsung washer and dryer and storage space round out the apartment.
Beneath its striking fa ade of Jet Mist granite, One One Eight incorporates numerous green materials and practices, including energy-efficient German windows by Schuco, interior and exterior insulation and continuous fresh-filtered air through MERV-13 air filters with energy-saving heat exchange. Akuvox R295 virtual doorman services provide touch-screen video doorman support and security.
Surrounded by the famously bohemian cafes, restaurants and night-spots of the East Village, including such standbys as Katz's Deli, Lucien, Russ & Daughters, Dirty French and Prune, the building literally overlooks the historic streets of the LES, where cultural centers such as The New Museum and the International Museum of Photography, art galleries and emporiums hum with creative energy. Equinox is across the street, Whole Foods a block away. Near the F/M/J/Z trains, the Penthouse at One One Eight is a chance to stake a claim at the center of things.
One One Eight, is exclusively represented by Douglas Elliman’s Allison Chalfin.
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Credit: Diego Oliverio, SERHANT. Studios
More than 50 top brokers joined Ryan Serhant, founder of real estate brokerage SERHANT. and Eran Chen, founding principal of ODA, on September 13th for an event at The Westly, a boutique condo development located at 251 West 91st Street on Manhattan’s Upper West Side. The event was held in The Westly’s latest model residence, a 2,916-square-foot four-bedroom, 3.5-bathroom residence located on the 6th floor with oversized windows for natural light and beautiful treelined views.
The event featured a lively discussion between Ryan Serhant, whose brokerage firm oversees the marketing and sales for the project, and Eran Chen, whose firm designed The Westly. The discussion revealed the design philosophy for The Westly, and the inspiration behind the building’s stunning architecture, interior layouts, high-end finishes, and unparalleled amenities. After the presentation, guests toured The Westly’s newest model residence and enjoyed local bites and refreshments.
Credit: Diego Oliverio, SERHANT. Studios
Developed by Adam America Real Estate and Northlink Capital, The Westly features 52 residences consisting of two- to five-bedroom homes, with select homes offering private outdoor terraces. The residences range in size from approximately 1,252 to 3,524 square feet, with asking prices starting at approximately $2.9 million for a two-bedroom home to $13.5 million for a five-bedroom home.
Emanating the upscale and intimate feel of a private club, The Westly’s generous amenities include a rare rooftop pool with recreational and lounge areas; a 24-hour concierge with a grand double-height lobby and a stone clad, helix-shaped grand staircase; fitness center and yoga studio; lounge; children’s playroom; youth room for gaming; music room; bike room; live-in superintendent; and pet grooming station. The building is anticipated to be completed by the end of the year.
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Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you won’t want to miss out for this week.
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The best of the Beresford! One of the most magnificent corners and best layouts on Central Park West. Rarely available, this immaculate D line is a grand corner 10 room, 4-5 bedroom home with views and light coming into nearly every room. Spanning approximately 4300 square feet, the floorplan is inviting and open, and all bedrooms are well proportioned and appropriately placed. The grand corner living room has a wood-burning fireplace and faces South and East with full views of Central Park, the Museum of Natural History and Midtown. The adjacent almost-square dining room faces the Park as well, which is an unusual treat. Next to the living room is the library, which can be converted into a fifth bedroom. Represented by Lisa K. Lippman, Brown Harris Stevens. Asking $11,995,000.
Dangling high in the sky, this pristinely renovated prewar home represents a well-thought-out separation of public and private spaces with exceptional lighting and West End Avenue views. Upon entering from the semi-private elevator vestibule, one experiences a proper architecturally appointed entry foyer, followed by the unique mudroom with spectacular custom built-ins, curated for urban living. This sets the stage for a grand and gracious entry to the expansive open-concept living, dining, and kitchen. All 18 windows face outward with Northern and Eastern exposures to soak up the sun all day long. The 3 spacious bedrooms are located separately from the main living area offering serene privacy with street and skyline views. The extra room off of the living space, which contains a full bathroom, can be used for an office or fourth bedroom. Represented by Louise Phillips Forbes of Brown Harris Stevens. Asking $3,995,000.
This private and tranquil two-bedroom home is on the raised first floor of the Alexandria House, a prewar cooperative between West End Avenue and Broadway. Arrive into the perfect combination of Prewar detail and modern, loft-like living. Features include 10' ceilings and hardwood floors throughout. The large kitchen was updated with cabinetry and storage all the way to the ceiling, tile backsplash, and true cooking counterspace, opens to the well-sized dining and living room. The bedroom hall leads to a renovated bath, airy North-facing primary bedroom with a wall of closets, and second bedroom. The apartment also enjoys features a stacking washer/dryer, thru-wall A/C, energy-efficient windows, and low maintenance charges. Represented by Scott Harris, Brown Harris Stevens. Asking $875,000.
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Explore Off The MRKT's Favorite Listings of the Week, where we feature the most remarkable homes on the market, showcasing unique designs, luxury amenities, and standout locations that make them our top picks
Manhattan real estate has always played by its own rules, and 2025 was no exception. While national headlines highlighted buyers slowly re-entering the market, New York charged into the year at full speed.
Tuesday Night Krug Champagne celebration of composer Ryuichi Sakamoto tribute to the House of Krug with a unique symphony that translates into music three creations from one single year, 2008. To mark the momentous occasion, the centuries-old Champagne House and Ryuichi Sakamoto hosted a multisensory immersion with a three-part symphony inspired by the creations of the year, opening new gateways to the senses.
Krug Champagne hosted a night of synesthesia with Chloe Flower, Paul Rudd, Questlove, Karen Elson, Dev Hynes, and Jeremy O. Harris as they gathered at the Brooklyn Museum to celebrate composer Ryuichi Sakamoto’s musical tribute to the champagne house
Paul Rudd courtesy Reach Media/ Pascal Perich
Those to experience the premier performance of the ‘Suite for Krug in 2008’ – were a maverick group of Krug lovers, musicians, and creators including Paul Rudd, Chloe Flower, Ahmir “Questlove” Thompson, Jeremy O. Harris, Joshua Bell, Kilo Kish, Karen Elson, Dev Hynes and PJ Mattan, among others, who joined Krug for a performance, tasting, and dinner – a sensorial trifecta.
An unprecedented expression of the sensation of taste through sound, ‘Suite for Krug in 2008’ is a three-movement symphony by Ryuichi Sakamoto inspired by the unforgettable 2008 harvest in Champagne.
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The neighborhood in NYC that was once called the printing district has undergone somewhat of a transformation in recent years thanks to a surge in new property developments. The fact that many NYC residents have no clue where (or what) Hudson Square is, is bound to change when thousands of Disney ABC and Google employees start flocking to the area over the next few years. The community, which measures 33-square-blocks, will be home to Google’s new global business headquarters and will also welcome Disney ABC to Four Hudson Square in 2024. In addition to this, it is also prepared for anyone who wants to take up residence in the Square with two more residential buildings currently being developed.
The Business Improvement District recently drew up a decade-long plan that will involve the widening of sidewalks, installing benches, planting trees, and creating dedicated bike lanes for cyclists. Construction workers have already demolished a number of structures that obstructed the view of the beautiful Hudson River Park. A passageway from Washington to West Streets has also been constructed to provide residents with fuss-free access to the park. Several plots of land also had to be cleared in order to make space for the new developments. Luckily, finding a reputable brush removal service in New York to help clear plots for future property developments is not a difficult feat and construction commenced without delay.
The new Hudson Square developments are attracting a lot of new feet to the district. Another big drawcard is the housing prices that are slightly lower than in SoHo, the West Village, and TriBeCa. Despite a slightly lower price tag, Hudson Square properties Towards the end of August this year approximately 50 houses were listed as for sale on StreetEasy. Nearly 80% of the listed properties were condos with the cheapest carrying a price tag of $639,000. It boasted an enclosed courtyard, a live-in resident property manager, and a full-time doorman. On the opposite side of the spectrum was a four-bedroom, five-bathroom condo located on Broome Street. The $20.95 million building was designed by Renzo Piano and also features a fitness center and 55-foot pool.
Hudson Square’s vibrant atmosphere and rich cultural heritage help increase its appeal to residents, visitors, and property developers alike. Some of the cultural attractions in the Square include the New York City Fire Museum, the Children’s Museum of the Arts, and the Jackie Robinson Museum which honors the legacy of the baseball legend. There is no shortage of restaurants, bistros, coffee shops, pubs, and delis in Hudson Square either with a few promising developments in the pipeline for the next 24 months. One of the most popular eateries is undoubtedly the Ear Inn which first opened its doors back in 1817. The iconic building was originally constructed for James Brown who was George Washington’s Black aide during the revolutionary war.
Hudson Square may have had very humble beginnings but it is rapidly transforming into a sought-after district thanks to a number of new developments. By the time the major developments are completed by 2024, it will likely be one of the most esteemed areas in Manhattan.
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Raquel Lomonico
Lior Barak and Christine Blackburn Lior Barak and Christine Blackburn announce that local Brooklyn new development specialist and resale agent Raquel Lomonico has joined their high-flying team. The Barak Blackburn Team has sold $2 billion in property and $50 million in land and development in Brooklyn and Manhattan. With the support of Ms. Lomonico, the team looks to continue its perforation of northern Brooklyn and its omnipresence in new development.
"I could not think of a better fit than working with Christine and Lior," said Ms. Lomonico. "I was getting calls from agents wanting a Brooklyn specialist while they focused on Manhattan, but I run around Brooklyn in sneakers and wanted to be on a team that matches my personality and prioritizes business here."
Ms. Lomonico started her career at Douglas Elliman 14 years ago before moving to Corcoran. She was most recently at Nest Seekers, where she managed sales at 510 Driggs, the luxury-defining new development condominium in Williamsburg. Throughout her storied career, she has established herself as a local agent with insightful market knowledge and an extensive referral neighborhood client base.
Raquel's pivot to Compass comes at a time when the tech-enabled firm has grown to be the largest residential brokerage in Brooklyn by closed sales, according to The Real Deal.
Lomonico notes a recent surge in individuals and families looking for three-to-four bedrooms in Williamsburg and Greenpoint will drive new real estate activity. "North Brooklyn was not traditionally where you raised a family, but that has started to change," she said.
"Raquel is a local agent who aids her clients in making smart decisions," said Christine Blackburn. "We believe she is the best cultural fit for our team and, coupled with Compass tools and services, will continue to help us elevate our business."
Lomonico is raising awareness for animal rescue when she is not selling real estate. A self-declared animal lover, whenever possible, she uses her marketing to raise funds for that cause.
Jonathan Beukelman, Larissa Saveliev, Gave Hoffman and Mazie Hoffman
"My friend Larissa Saveliev is one of the most important people in ballet today.” said Susan Jaffe, the next Artistic Director of ABT, “What she and her organization, Youth America Grand Prix (YAGP), does is vital to the future of Ballet." The occasion was a YAGP cocktail party honoring Susan, the first celebration for her new position, on Tuesday evening, September 16th, at the magnificent art-filled residence of Caroline and Ed Hyman.
Larissa returned the compliment, saying, "Susan has been a dear friend of YAGP since 1999 -- our beginning. She has inspired countless young dancers as a YAGP guest artist, adjudicator, master teacher, scholarship presenter, choreographer, and founding Trustee. We are thrilled to have Susan return to New York City as Artistic Director of American Ballet Theatre. The dance world is grateful for her and her talent."
The sentiments were echoed by YAGP Board Chair Richard Osterweil and YAGP founding board member Sergey Gordeev and followed by hoots and applause by guests including Maria-Cristina Anzola, Afsaneh Akhtari, Peter Bacanovic, Barbara Brandt with daughter Skylar Brandt, Joan Hardy Clark, Irina Dvorovenko and Maxim Beloserkovsky, Linda and Martin Fell, Joanna Fisher, Judith Hoffman, Allen London, Linda and Ed Morse, Irene Shen, Allyson Tang, Barbara Tober, and Ali Wambold as well as the new ceo of City Center, Michael S. Rosenberg.
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