19 August, 2014 posted by: CORE
Buying in Manhattan can be completely overwhelming, whether it is your first time or not. It is important to get organized and educated so that the process is as smooth as possible.
1. Put together a “checklist” of exactly what you need and understanding what you can and cannot live without
- There are several factors that need to be considered when purchasing a home. This list usually gets revised as you start looking at properties. Like all things in life, there are usually some compromises to be made. Examples are specific neighborhoods you want to live in, budget, how many bedrooms and bathrooms, amenities, pets, etc. We always suggest spending some time in the neighborhoods that interest you. This can give you a feel for what day to day life would be like living there, and also help eliminate neighborhoods. Read the rest of this entry »
18 August, 2014 posted by: CORE
Last week, the Commercial Observer profiled one of Gramercy’s latest new development sites, 327 East 22nd Street. Slated to house a 10-unit condominium, Suzuki Capital recently purchased the building for $11.5 million, with plans to rebuild the existing space now that permits have been filed. With CORE’s Tom Postilio, Mickey Conlon and Natalie Rakowski set to head the sales efforts for the project, 327 East 22nd Street was once home to the neighborhood’s 21st Precinct police station.
15 August, 2014 posted by: CORE
Today’s Photo of the Week captures a quaint back alley in a town over 3,600 miles from The Big Apple. Courtesy of Brittany Fox, the shot was taken during her trip to Cordoba, Spain, boasting a population of approximately 328,488 residents. During her trip, she also visited sites such as the Plaza de Espana, The Alhambra and Puente Nuevo.
Don’t miss the last few weeks of our #COREtravels tour around the world on Instagram at @CORE_RealEstate.
14 August, 2014 posted by: Douglas Heddings
Perhaps one of the most common misnomers regarding the Manhattan real estate market is that listing in August is unwise, and a waste of time. Most sellers believe that no one is searching for their new home in August and that the market will explode with activity after Labor Day.
After 22 years of selling Manhattan real estate, I can unequivocally state that this couldn’t be further from the truth. Yes, inventory decreases in August, and yes it increases in September. In fact, from July to August of 2013, active listings decreased 6% from 4542 to 4275*. Signed contracts during the same period decreased 18%. This year active listings have decreased by 4% and signed contracts have dropped 34%. These numbers would seem to indicate that perhaps waiting until September is wise but take a look at this:
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13 August, 2014 posted by: CORE
Welcome to Ten, CORE founder and CEO Shaun Osher’s rapid-fire interview series with prominent CORE figures. Read on to find out how this week’s subject deals with being on the hot seat.
Ben Jacobs’ affinity for real estate goes beyond the typical parameters of a Manhattan broker. However, working with one of the city’s most respected industry veterans, his path to CORE was anything but ordinary. Here are Ben’s answers to Ten questions:
1. What did you do before you found this career?
I was a student at Skidmore College in Saratoga Springs, NY. I always planned on getting involved in the real estate business at some point. My family has been buying and renting buildings in Vermont for the last 40 years, so real estate has always been a common topic at the dinner table throughout my life.
2. What has been the highlight of your career?
Working with Doug Eichman has been an unbelievable experience and certainly a major focal point in my career. Joining CORE with Doug has also certainly been an exciting highlight.
3. What is your greatest daily challenge?
Problem solving. Almost every deal has one or two hiccups. Sometimes that deal takes a turn for the worst, resembling a tragic group project. Managing that deal, and by that, I mean managing your buyer and seller’s expectations, is truly an essential component in consummating the transaction.
4. Where do you see yourself in 10 years?
Still selling real estate. I hope to own some investment property by then, but I plan to never leave the brokerage side. I really enjoy helping people find their homes.
5. Where do you find inspiration?
I find most of my inspiration through reading and exploring. Traveling also, when I have a chance to get away. Read the rest of this entry »
12 August, 2014 posted by: CORE
While we are a little late to the game, CORE recently caught the Instagram bug. Here are ten of our most ‘liked’ accounts which follow New York City, real estate, architecture and interior design…
Architizer: Inspiring architecture from around the world.
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11 August, 2014 posted by: CORE
After being on the market for the first time in twenty years, John Harrison and Michael Rosser’s latest rental listing at 19 West 10th Street was featured in this 6SqFt piece last week. The one-bedroom, full-floor garden apartment offers a flexible layout which can be used as a spacious one-bedroom or accommodate up to three bedrooms. Situated in the neighborhood’s Gold Coast, the home offers access to some of the neighborhood’s most popular eateries and shopping destinations.
08 August, 2014 posted by: CORE
From CORE’s Madison Avenue office intern Joe Gagliano, today’s Photo of the Week takes us to one of the most celebrated music festivals of the year. Held in Toronto, Canada, this year’s Veld Music Festival took place on August 2nd and 3rd, attracting several thousand attendees. The festival is heralded as Canada’s biggest electronic music festival, and boasted a line-up of almost 30 of music’s most noted acts.
Don’t miss our #COREtravels tour around the world on Instagram at @CORE_RealEstate.
07 August, 2014 posted by: CORE
Introducing CORE’s debut in American Airlines’ on-demand video segment, “Talk Business 360”. CORE reaches new heights with this excellently prepared marketing piece that will be aired on approximately 100 flights per day over the next two months. Please take a moment to watch our CEO & Founder, Shaun Osher, describing the what, why, and how CORE brings nothing but the very best to the table for all clients and partnerships.
05 August, 2014 posted by: CORE
Taking advantage of the gorgeous August weather, Shaun Osher graciously hosted CORE’s New Development Team out on the Hudson for an afternoon of team-building. Both the sunshine and sailing stimulated productive conversation regarding a few visible new development and restoration projects in lower Manhattan, Hoboken, and Brooklyn. CORE sends a special thanks to Captain Patrick Harris, owner of The Ventura, a century old historic sailboat which boasts affiliation with one of America’s classic works: The Great Gatsby, by F. Scott Fitzgerald.