A Guide to Renters Insurance Coverage in New York City

Renting a home or apartment can be a practical and affordable housing option, especially in New York City, where owning a home is not always feasible. However, many renters need to pay more attention to the importance of renters insurance coverage, assuming that the landlord's insurance policy covers their belongings. 

Unfortunately, such policies do not cover renters' personal belongings, making it crucial for renters to have their own renters insurance coverage. This guide aims to provide an overview of renters insurance coverage in New York City.

What Is Renters Insurance Coverage?

Renters insurance coverage is a type of insurance policy that protects a renter's personal property against damage or loss. It covers the cost of replacing or repairing the renter's belongings in the event of theft, fire, or other covered perils. 

Additionally, it covers personal liability in case someone is injured on the renter's property. Renters insurance coverage is not mandatory in New York City but is highly recommended.

Importance of Renters Insurance Coverage

It protects the renter's personal belongings, including furniture, electronics, clothing, and other valuable items. 

Moreover, it covers personal liability if someone is injured on the renter's property or if the renter causes damage to someone else's property. 

Finally, it provides additional living expenses if the renter is forced to move out temporarily due to a covered peril. Renters insurance coverage is affordable, with policies starting at as little as $10 per month.

What Does Renters Insurance Coverage Cover?

1. Personal Property

This includes furniture, electronics, clothing, jewelry, and other personal belongings. Coverage is provided against damage or loss due to theft, fire, lightning, windstorm, hail, explosion, vandalism, smoke, and water damage.

2. Liability

This covers the renter's legal responsibility for bodily injury or property damage to others. For example, if a guest slips and falls in the renter's apartment, the renter's liability coverage would pay for the guest's medical bills.

3. Additional Living Expenses

This covers the renter's additional living expenses if they are forced to move out temporarily due to a covered peril. This may include hotel bills, meals, and other related costs.

What Renters Insurance Coverage Does Not Cover?

  • Flood

  • Earthquake

  • Intentional Damage

Filing a Claim

When filing a claim for renters insurance coverage, renters should follow the following steps:

1. Contact the insurance provider immediately after the loss or damage occurs.

2. Provide the insurance provider with a detailed description of the loss or damage and any supporting documents, such as receipts or photos.

3. Cooperate with the insurance provider's investigation of the claim.

4. Keep track of all expenses related to the claim.

5. Follow up with the insurance provider to ensure the claim is processed promptly.

Conclusion

Renters insurance coverage is essential for renters in New York City. It protects personal belongings, liability, and provides additional living expenses in case of a covered peril. Renters should choose an insurance provider with adequate coverage, good customer service, and affordable rates. 

In case of loss or damage, renters should file a claim promptly and provide all necessary information to the insurance provider. With renters insurance coverage, renters can have peace of mind knowing that their personal belongings are protected. 

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Related Companies Launches Sales At Tribeca Green

Designed by Robert A.M. Stern Architects, Tribeca Green will Offer an Incredible Residential Experience complete with a Timeless Exterior and Reimagined Interiors by the Acclaimed Firm

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Squash Your Way into Luxury Living: NYC Condos with Private Courts

Spring is the season of squash, and no, not the sweet orange and yellow vegetable, but the indoor racket sport. With the U.S. Adult, Junior, and Parent and Child Squash Doubles Championships scheduled for March and April, now is the perfect time to take a swing at learning the game or upgrade your skills. Whether a couple looking for a fun date idea or a family in search of an active alternative to family movie night, these NYC residences have the perfect squash court amenities for residents of all ages to enjoy. I wanted to pique your interest in rounding up these luxury condos that feature beautiful squash courts that are perfect for adults, children and families looking to test their skills for this upcoming squash season. 

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2026 Update: Squash Is Headed to the Olympics, and More NYC Buildings Are Adding Courts

Squash will make its Olympic debut at the 2028 Los Angeles Games, one of five new sports added to that Games’ program, putting a fresh spotlight on the sport as a real estate amenity draw. Since this article was first published, at least one more Manhattan building has added a private squash court: 96+Broadway at 250 West 96th Street on the Upper West Side includes a regulation squash court with a basketball hoop as part of its fitness center. 720 West End Avenue has also incorporated a combination basketball and squash court into its amenity package. Racquet sports as a category, including squash, tennis, pickleball, and padel, have seen participation climb slightly, from 19.7% of Americans in 2024 to 20.5% in 2025, according to sports facility industry data.

FAQ: Squash Courts in NYC Residences

Is squash becoming an Olympic sport?

Yes. Squash will debut at the 2028 Los Angeles Olympics, one of five new sports added to that Games’ program, alongside flag football, lacrosse, baseball/softball, and cricket.

Are there other NYC buildings with private squash courts besides the ones above?

Yes. 96+Broadway at 250 West 96th Street on the Upper West Side includes a regulation squash court with a basketball hoop, and 720 West End Avenue has added a combination basketball and squash court to its amenities.

Do squash courts add value to a condo building?

There is no widely reported dollar figure for a squash-court premium specifically, but niche sports amenities like squash courts are generally seen as differentiators in the ultra-luxury segment, where buildings compete on offering private-club-style perks residents cannot easily get elsewhere.

Is squash hard to learn for beginners?

Squash has a learning curve but is considered approachable for beginners compared to some racquet sports. Most private building courts offer pro lessons, and the emphasis on quick reflexes and short rallies makes it easy to start having fun in a first session, even before technique is polished.

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Michelin-Starred Chef Shaun Hergatt Brings His Culinary Expertise to The Perigon Miami Beach

Annabella Pardo

The Perigon, Miami Beach’s premier destination for oceanfront living, announces today a new partnership with celebrated Michelin-starred chef, Shaun Hergatt, curating the food and beverage concept at the property including the private restaurant and speakeasy.

Photo via The Boundary and @theperigonmiamibeach

Chef Shaun Hergatt, the executive chef and owner behind some of New York’s most famed Michelin-starred restaurants both public and private, including Vestry in Soho and 432 Park Avenue respectively, is renowned for his technically precise cooking and painterly presentations. Nota at The Perigon will be Hergatt’s first-ever Mediterranean concept, while FiftyThree, a speakeasy cocktail lounge, will have a bold, playful style.

Photo via The Boundary and @theperigonmiamibeach

“We are designing more than a condominium at The Perigon, it is a private, highly serviced five- star resort exclusively for the owners,” said Camilo Miguel, Jr., CEO of Mast Capital. “The Perigon is offering Miami Beach’s first-ever resident-only Michelin-starred chef dining concept, where residents can enjoy their privacy or mix and mingle with their neighbors. Additionally, our partnership with such a notable chef as Shaun Hergatt further solidifies the commitment to the quality of luxury, The Perigon will offer to its residents.”

Photo via The Boundary and @theperigonmiamibeach

Taking advantage of the oceanfront location and abundance of rich, local ingredients, Nota at The Perigon is centered around a clean, crisp palate. With seafood anchoring the Mediterranean- inspired menu, Chef Hergatt plans to use woodfire grilling techniques to create dishes that are elevated yet approachable, with health and wellness at the forefront.

Photo via The Boundary and @theperigonmiamibeach

“Food brings people together and through this partnership with Mast Capital, I’m thrilled and honored to further elevate the experience for the residents at The Perigon,” said Chef Shaun Hergatt. “Paying homage to the regional flavors and ingredients, our rotating seasonal menus will offer an elevated yet approachable cuisine, exclusive to residents and their guests.”

Photo via The Boundary and @theperigonmiamibeach

The interiors of Nota were designed by Tara Bernerd to blend into the larger residential concept at The Perigon. The design will incorporate rich materials from intricate stones to linens. The furniture will integrate a unique combination of organic materials with subtle hues that cohesively blend to the environment of coastal living on the sands of Miami Beach. The oceanfront restaurant will accommodate up to 70 guests, with service extending to the pool deck.

The speakeasy, FiftyThree, will experiment with bold colors and patterns, embracing a whiskey- themed palate. Darker browns and greens will set a more intimate mood, featuring bronze fixtures and accents creating the perfect nighttime setting. The cocktails will also embody the more playful aesthetic, while focusing on fresh ingredients and creative curations.

Photo via The Boundary and @theperigonmiamibeach

The Perigon’s food and beverage concept represents Chef Hergatt’s triumphant return to South Florida. Chef Hergatt first debuted in Miami in 2005 when he was the executive chef at The Setai Miami Beach. Hailing from Australia but having worked at restaurants around the world garnering international accolades for culinary craftsmanship, Chef Hergatt is known for two of his Michelin- star restaurants, Juni and Vestry, and previously SHO Shaun Hergatt, which garnered acclaim for its geographically inspired dishes. Today, one of Chef Hergatt’s many restaurants is the Caviar Bar in Las Vegas. Many of his most famed dishes are inspired by his travels and surroundings, an approach he will bring to The Perigon.

Completing the culinary experience at The Perigon will be several additional private amenity spaces for dining and lounging. An indoor-outdoor conservatory doubling as a breakfast lounge and terrace will host residents for their early morning coffee. Here, a barista will be available upon request to serve hot or iced coffee to a resident’s liking. Residents can also request meals be delivered directly to their private residence or to their poolside cabana.

Photo via The Boundary and @theperigonmiamibeach

Further elevating the experience at The Perigon is a new private concierge partnership with BHB Private Concierge, a premium provider servicing private properties and clients. In addition to offering residents seamless experiences tailored to their individual wants and needs, the concierge at The Perigon will further enhance the programming throughout the amenity suites.

To begin living The Perigon lifestyle before stepping foot inside, residents will have access to select services provided by BHB Private Concierge shortly after contract signing.

Located at 5333 Collins Avenue along the tranquil 200-foot stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon comprises 73 two- to four-bedroom condominiums ranging from 2,100 to 6,700 square feet, with eight private guest suites offered to residents only. With an overall 20,000 square feet of amenities that provide both exclusivity and an idyllic setting for connection and socializing, the building is elevating a palatial lifestyle evocative of a five-star hotel. Pricing starts at $4.15 million with completion slated for 2025.

Sales and marketing are exclusively handled by Douglas Elliman Development Marketing. For more information on The Perigon or to schedule a private preview, please visit www.theperigonmiamibeach.com, call 305.390.5333, or email info@theperigonmiamibeach.com.

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Belvedere Miami Exclusive Launch Party At Strawberry Moon

Annabella Pardo

We were recently invited to the official launch party of Belvedere Vodka’s first limited-edition bottle inspired by a US destination: Belvedere Miami, a show-stopping bottle inspired by the trendsetting energy and fun-loving vibe of America’s premier beach party destination.

We celebrated on the pool deck of Strawberry Moon, where we got a first-look at the bottle and enjoyed signature cocktails & light bites.

Belvedere’s Miami Edition is the brand’s first limited-edition offering to be inspired by a U.S, destination with previous editions including Ibiza, Mykonos and Côte d’Azur.

With a bright pink and green palette, the bottle embodies Miami’s vibrant hues and sunny disposition with Art Deco details that pay homage to its glamorous architectural style.

Photo via @belvederevodka

Belvedere Vodka introduced its newest limited- edition offering: Belvedere Miami, a stunning bottle inspired by the coastal lifestyle of one of America’s most iconic cities. It was just in time for Miami Music Week, the show-stopping bottle was officially introduced at Ultra Music Festival this past weekend.

Belvedere is on a mission to reclaim the night, and with its vibrant array of limited-edition bottlings, the luxury vodka is bringing its energy and excitement to some of the world’s most legendary party destinations.

Photo via @belvederevodka

Perfect for pool parties and sensational summer days, the Miami Edition’s vibrant pink and green palette is inspired by Miami’s vibrant hues and sunny disposition. The city’s name is emblazoned on the 1.75L bottle in an eye-catching neon decal, with Art Deco details that pay homage to its glamorous architectural style. The bottle also lights up for an extra playful twist allowing the amusement to continue after hours – making it the perfect accessory for Miami’s famed nightlife.

The limited-edition 1.75L bottle is now available in Miami’s finest restaurants, bars and clubs. Belvedere will also be releasing a 1L variation of the Miami bottle, launching in mid-April at local retail and key accounts. For more information, please visit www.belvederevodka.com.

About BELVEDERE VODKA

Made from Polish rye, purified water and a distillation process by fire, Belvedere is produced in one of the world’s longest operating polish distilleries that has been making vodka since 1910. Belvedere’s master rye distillers draw from a 600-year polish vodka- making history to artfully craft rye into an extraordinary vodka of distinct taste and character. Its taste profile is structured and elegant with hints of almond, vanilla and white pepper, a subtle sweet velvety mouthfeel and a smooth, clean finish.

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Château d’Esclans And United Airlines Inflight Collaboration With Whispering Angel Rosé

Annabella Pardo

Château d’Esclans and United Airlines announced that Whispering Angel Rosé is now available complimentary to United Polaris business class passengers inflight. United adds the number one rosé to its popular wine offerings, as consumer demand continues to grow with a nearly 30 percent on-premise sales increase from 2021 to 2022.

Photo via @united and @thewhisperingangel

“Whispering Angel was instrumental in sparking the Rosé Revolution and has become synonymous with a glamorous lifestyle, so being able to share this exceptional wine with those flying United Polaris as they embark on their travels is exciting,” says Sacha Lichine, owner of Château d’Esclans. “We’re proud to be able to reach new consumers and offer them a taste of the magic of Provence.”

Photo via @united and @thewhisperingangel

United Polaris is the airline’s luxury business class, including exclusive airport lounges, priority boarding and inflight amenities like lie-flat seats with a memory foam layer and all-aisle access, plush bedding, 16-inch high-definition touch screens, noise-reducing headphones, amenity kits and additional storage. Whispering Angel, today’s worldwide reference for Provence rosé available in more than 110 countries, joins a line-up of curated, complimentary United Polaris menu offerings, ranging from a rotating list of complimentary, premium wines to cheese plates and an ice cream sundae cart.  

“United Polaris delivers an elevated experience and we’re proud to now be the only U.S. airline that serves Whispering Angel Rosé,” said Aaron McMillan, United Managing Director of Hospitality and Planning. “Whispering Angel is the top-selling French wine in the U.S. so we know it’s something travelers will be thrilled to see onboard just in time for spring break travel.”

Whispering Angel Rosé is available now onboard United Polaris business class. For more information about Château d’Esclans and Whispering Angel, please visit www.esclans.com or contact whisperingangel@weareshadow.com. For more information about United Airlines, please visit www.united.com.

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Buying a Home in NYC: Move-In Ready or Fixer Upper?

When it comes to buying a home in New York City, there are many factors to consider, including location, size, and price. But one of the most important decisions you'll need to make is whether to go for a move-in ready property or a fixer-upper. 

Both options have their pros and cons, and the right choice for you will depend on your personal preferences, budget, and lifestyle. In this article, we'll take a closer look at the advantages and disadvantages of each option to help you make an informed decision.

Move-In Ready: Pros and Cons

A move-in ready property is one that requires little to no renovation or repairs. These homes are typically in good condition and are ready for you to move in and start enjoying right away. Here are some of the pros and cons of buying a move-in ready home in NYC:

Pros:

1. Convenience: You don't have to worry about the hassle and stress of renovating a property before you can move in.

2. Time-saving: With a move-in ready home, you can move in right away, without waiting for renovations to be completed.

3. Predictable Costs: Since the property is already in good condition, you'll know exactly what you're getting into in terms of costs and won't have to worry about unexpected expenses.

Cons:

1. Higher Cost: Move-in ready homes generally come with a higher price tag, as you're paying for the convenience of not having to renovate the property yourself.

2. Less Customization: With a move-in ready home, you may have to settle for someone else's design choices and may not be able to make the changes you want without costly renovations.

Fixer Upper: Pros and Cons

A fixer-upper is a property that requires renovation or repairs. These homes are typically priced lower than move-in ready properties but require more time and money to get them into a livable condition. Here are some of the pros and cons of buying a fixer-upper home in NYC:

Pros:

1. Lower cost: Fixer-upper properties are typically priced lower than move-in-ready homes, making them more affordable for first-time buyers.

2. Customization: With a fixer-upper, you have the opportunity to make the home your own by choosing your own design elements and making the changes you want.

3. Potential for Profit: If you're willing to put in the time and effort to renovate a fixer-upper, you may be able to sell it for a profit in the future.

Cons:

1. Time-consuming: Renovating a fixer-upper can be time-consuming, as you'll need to coordinate with contractors and oversee the work being done.

2. Uncertainty: With a fixer-upper, you never know what surprises may lurk behind the walls, leading to unexpected expenses and delays.

3. Stressful: Renovating a fixer-upper can be a stressful process, as you'll need to make a lot of decisions and deal with the inevitable setbacks that come with any renovation project.

Which Option is Right for You?

Ultimately, deciding between a move-in ready property and a fixer-upper comes down to your personal preferences, budget, and lifestyle. If you're looking for a home that's ready to move into right away and you're willing to pay a higher price tag for that convenience, a move-in ready property may be the right choice for you. On the other hand, if you're willing to put in the time and effort to renovate a property and you're looking for a more affordable option, a fixer-upper may be the way to go.

It's also important to consider your lifestyle and how much time and energy you're willing to put into renovating a property. If you have a busy schedule and don't want to deal with the stress and uncertainty of a renovation project, a move-in ready home may be the best choice for you. But if you enjoy DIY projects and have the time and energy to invest in a fixer-upper, it could be a rewarding experience that results in a home you truly love.

Conclusion

Whether you choose a move-in ready property or a fixer-upper, buying a home in New York City is a big decision that requires careful consideration. By weighing the pros and cons of each option and considering your personal preferences and lifestyle, you can make an informed decision that will result in a home you'll love for years to come.

Get more real estate and property management tips from Off The MRKT. Whether you're looking for a new home, the newest trends, or a job, we are your resource on how to get off the market. We feature the top listings, restaurants, drinks, and recent events to ensure that you're up-to-date and informed on what’s going on in New York City. Check out our content today!

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These NYC Homes Have the Best Spaces for Working Remotely

With so many businesses now adopting permanent hybrid work models, it looks like the “work from home” trend isn’t quieting down any time soon. For when we need a change of scenery, there are countless options for coworking spaces but sometimes it’s just easier to avoid the commute altogether.

Below, please find some of the homes across Manhattan with spaces that take working from home from mundane to peaceful and productive.

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Not-to-be-Missed Lobsters Dishes in New York City

From recent James Beard nominee, LittleMad to swanky hotspot, Casino, and Chinese newcomer, CHI, these restaurants are offering over-the-top takes on Lobster. Please see below for some examples, you DO NOT want to miss out!

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4 Things to do Before Selling Your New York City Home

Selling your home may sound like a lot of hassle, and this might make you apprehensive about the whole process. You need not be afraid of doing so, however, because with some effort, you can give this activity a good chance of going well. This entails taking advantage of some tips as good preparation is bound to give you an easier time finding a buyer who's willing to offer a good price. Have a look at the four things below that you ought to do before you sell your home in New York City.

1. Ensure there Are no Safety Issues

The first thing to do is to make sure that thseere are no safety issues in and around your home. Even if these don't directly lead to an injury or other situation on your property, most homebuyers won't give your home a chance if it doesn't feel safe to them. No one wants to end up in a personal injury case, even if only 4% to 5% of these make it to trial. At least 95% of them are settled before trial in the United States. However, they still call for time and money, not to mention having to deal with an injury that can impact one's life as they know it.

2. Service Major Appliances

Next, you should service any major appliances in your home that are going to be sold along with the property. Doing this will make the home more functional and therefore more valuable to a potential buyer. This is important for buyers, most of whom don't want to have to spend any more money on a home after they pay for it. Some of these appliances are your water heater and your HVAC unit, which are used a lot in a typical household. For instance, water heating makes up 18% of the energy used in an average property. Take care of such major items and your home might be more attractive to buyers.

3. Find Out the Market Prices

To ensure that you're neither giving your home away nor pricing it out of the market, find out the current prices. This will help you work out a reasonable price for your home. In this way, you can improve your odds of selling your home faster. Keep in mind that almost 31 million people moved in 2019 in the United States as stated by new Census data. This is 9.8% of all Americans moving each year, and you can be sure that a good number of them will be looking for a home that they can buy. Pricing your home right will help you reach more people and you can find a buyer more easily as a result, especially if you follow the other tips in this list.

4. Find a Real Estate Professional

Last but not least, you need to consider working with a real estate agent. While you'll have to pay them for their services, you need to think about the benefits that you'll get from working with them. This is because they have a lot of experience in knowing the best times to sell and some other details. This means that they can save you a lot of time and hassle, also helping you to get a good price in the end. Before you sign up for any real estate professional's services, make sure that they're qualified and experienced enough to help you get the best outcome.

Keep these four things in mind before selling your home and you might improve the process for yourself. You're bound to learn a thing or two as a result. This will make it easy for you to know how to go about selling another home in the future if you choose to do so.

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Spring Into Great Skin: Essential Skincare Must-Haves for the Season

Springtime is in full swing, and there is no time like the present to prepare for the warmer weather. From exotic vacations, to festival season and beach days, stock up this Spring with some beauty must-haves that will make give you that extra something within your daily routine.

 As you finalize your spring and summer beauty kit, remember that comprehensive skin health goes beyond your face and hair—it extends to protecting your entire body from the elements. Whether you are enjoying sunny beach days or managing festival glitter removal, keeping skin deeply hydrated is non-negotiable. For those often-neglected areas, especially after outdoor activities or increased washing, an intensive treatment like urea cream for dry hands is an essential step to lock in moisture and prevent cracking or roughness, ensuring smooth, healthy skin from head to fingertip as you enjoy the season

For even more beauty tips, check out our guide on essential skincare must-haves for the season here.

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Top Orange County agent Ariana Gaffoglio joins OFFICIAL from the Eklund | Gomes Team

Ariana Gaffoglio - Off The MRKT

Ariana Gaffoglio

Leading Orange County, California agent Ariana Gaffoglio is joining OFFICIAL, the new real estate brand and advisory founded by industry veterans Nicole Oge, Richard Jordan, and Andrew Wachtfogel alongside nationally recognized agents Oren and Tal Alexander. 

The firm’s operating model is unique in that, unlike traditional brokerage firms, each team has demonstrated extraordinary success in their local market and is among the 1% of agents operating in the region. 

Ariana Gaffoglio, a prominent real estate broker and former spearhead of the Eklund | Gomes Team of Douglas Elliman’s Orange County and Las Vegas presence, has recently joined OFFICIAL, the first performance-driven luxury real estate brand and advisory. Gaffoglio has brokered some of the region’s most significant transactions, including the sale of 4130 Calle Isabella, a San Clemente property known as Casa San Mateo, for $33.9M, and a Dana Point property in Strand Beach that set a local record at $23.55M. She brings nearly $200 million of both resales and new development properties to OFFICIAL, spanning locations from Irvine to Newport Beach to Los Angeles.

"I'm proud of everything I accomplished with Eklund | Gomes after successfully building the team’s presence in Orange County and Las Vegas. It is clear that success in our industry will be achieved by the talent one is surrounded by, and I feel fortunate to have been recognized by OFFICIAL and to be joining them on this journey to build the most connected luxury real estate brand in the world,” said Gaffoglio. Along with her team, which comprises veterans Zac Dweck and Kimberly Karney, Gaffoglio will focus on growing OFFICIAL in Orange County with plans to expand into Nevada before year’s end.

OFFICIAL, founded by industry veterans Nicole Oge, Richard Jordan, and Andrew Wachtfogel alongside nationally recognized agents Oren and Tal Alexander, operates in Manhattan, the Hamptons, South Florida, Los Angeles, and Orange County with plans for continued national and international expansion this year. The firm’s unique operating model is based on a curated selection of real estate professionals working within the pinnacle segment of the market, each team having demonstrated extraordinary success in their local market and being among the 1% of agents operating in the region.

“The value of a brokerage brand should not be measured by the number of agents and offices, it should be measured by the quality of each individual carrying the company’s business card. One day very soon, to state you are an OFFICIAL agent will immediately convey to a client that you are operating at a higher level,” said Nicole Oge, Co-Founder, and Chief Growth Officer of OFFICIAL. With Gaffoglio joining the team, OFFICIAL is continuing its quick expansion in the California luxury market after the announcement in January 2023 that top LA agent Tyrone McKillen and his Plus Real Estate Group joined OFFICIAL, bringing experience of over 16 years and record sales of over $1.5 billion.

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Our Favorite Listings For The Week

Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you should make an appointment for this week. 

Have a listing you think should be featured? Submit your open house or contact us to tell us more! And be sure to view our new Listings Calendar


Meticulously reimagined and crafted, this extraordinary 7,110 square foot 6-bedroom, 7-bathroom (plus two power rooms) townhouse on six levels has a handcrafted curved staircase. It has just been listed by Brown Harris Stevens associate broker Paula Del Nunzio for $26M.

248 West 71 Street is a block and a half from Central Park to the East and a block and a half to Riverside Park and the Hudson River to the West. The home includes front and back gardens, gas and woodburning fireplaces, en-suite bedrooms, private terraces, an elevator, handcrafted curved staircase, and custom fixtures and finishes.


The home is on the 30th floor of the iconic Essex House, a Midtown hotel with all the trappings and amenities you could ever want. At just under 800 square feet, there’s plenty of space for living. But most owners may simply want to stare out the south-facing windows — of which there are many — at Midtown all day!

Cecilia Serrano of Coldwell Banker Warburg says the home is well-lit and surprisingly expansive, with defined areas for dining, working, and relaxing. The bedroom at the west end of the unit has an en-suite bathroom and a large closet. The living room and dining area are adjacent, with the kitchen at the east end of the home. Owners enter through a large foyer, complete with two closets — one of them a walk-in.

As noted, the apartment is in the Essex House, which features a spa open 24 hours per day, door and bell service, and concierge services. Hotel services are also optional for owners. Cecilia Serrano of Coldwell Banker Warburg is the listing broker.


Constructed in 1915, 182 Franklin was acquired by Mr. Despont approximately 25 years ago and was converted into this stunning 10,000 square foot single family home. 

Entering off of Tribeca's picturesque Franklin Street, the inviting foyer leads you to a staircase and elevator connecting all the floors. The rear of the first floor is currently set up as an artist's studio, but would ideally make a wonderful children's playroom, media room, solarium, swimming pool, etc. The primary suite occupies the entire third floor complete with tremendous marble bath, dressing room, sauna, and enormous closet space

Three very private and special bedrooms suites are scattered throughout complete with their own kitchenette and full baths. The grand dining room easily converts to a spectacular billiards room which shares the fourth floor with the chef's eat-in-kitchen.

The crown jewel of this home is the penthouse great room on the fifth floor. This room spans the entire footprint of the building and boasts 15 ceilings. You will feel like you are transported back into the Paris in the 1930s or Casa Cipriani. Additionally, there are two wine cellars, basement with laundry room, three gas fireplaces, air rights to build another floor (6TH floor), central HVAC and much more.

Douglas Elliman’s Rueben Schatz, Alexander Boriskin, Cameron Begg and Michael Lorber have the listing.


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Adellco Announces Closings at The Wales Reimagined by Parisian Design House PINTO

Adellco, a real estate owner, developer, and manager with over 25 years of experience in New York City real estate, has announced the commencement of closings at The Wales, a neo-Renaissance condominium building located at 1295 Madison Avenue. The building, which was formerly the Hotel Wales, dates back to the turn of the century and features 21 luxurious two- to four-bedroom residences priced from $3.585 million and an extraordinary, newly-constructed five-bedroom Penthouse asking $23 million. The interiors have been exquisitely reimagined by globally-celebrated design studio PINTO, blending an old-world aesthetic with modern touches and enduring quality.

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Compass Adds Real Estate Reporter Natalie Sachmechi to Top Commercial Real Estate Team

Natalie Sachmechi

Compass, a leading real estate company, has announced that Natalie Sachmechi, a renowned real estate reporter, has joined one of the firm’s top commercial real estate teams led by Vice Chairwoman Adelaide Polsinelli. Natalie’s expertise in the real estate industry will add a new layer of service to the already formidable team.

The Polsinelli Team is highly regarded in the industry for its influence on trends and record-breaking deals across the city. Some of the team's accomplishments include the sale of 576 Fifth Avenue for $101 million and 604 5th Avenue for $45 million. With the addition of Natalie, the team will continue to offer exceptional service to their clients.

Adelaide Polsinelli

“Natalie brings a fresh perspective as she has been writing about most of the deals we work on and has the benefit of knowing market trends and influential players,” said Adelaide.

Before joining Compass, Natalie spent three years as a real estate reporter at Crain’s New York Business, where she delved deep into industry issues, covering everything from breaking news to the impact of government policies on real estate during an unprecedented time in the city’s history. She has also gathered the biggest names in the industry to discuss its challenges and regularly speaks at conferences and panels.

“I’m proud of the work I’ve done covering the city’s real estate industry with a microscope in hand,” said Natalie. “Making the move at a pivotal time like this is exciting, and I knew I wanted to work with a successful and talented woman—that’s Adelaide.”

Adelaide brings over 30 years of experience in the real estate industry and has represented lenders and borrowers, advising and negotiating their debt structures through various real estate cycles. “Having experience in every asset class allows us to handle all assignments nimbly, which is now more critical than ever as the market continues to experience wild value gyrations. We bring ‘opportunities’ to our clients regardless of market factors,” said Adelaide. “The most incredible generational wealth-building opportunities happen during uncertain times.”

Compass' commercial division launched in 2018 with the addition of Adelaide and retail leasing powerhouse Robin Abrams. Since its inception, the division has brokered $200 billion in transactions and continues to grow and add value for its clients.

The addition of Natalie to the team is a testament to Compass' commitment to providing excellent service and expertise to its clients in the real estate industry. The Polsinelli team's influence and accomplishments, coupled with Natalie’s expertise, will undoubtedly help clients achieve their goals in the ever-changing real estate market.

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