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.
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.
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.
04 August, 2014 posted by: CORE
In the August issue of The Real Deal, Doug Bowen provides insight on the market Downtown and in Greenpoint. The article looks at bidding wars, all-cash offers, foreign buyers, off market deals and other telltale signs of New York City’s housing crunch which have dominated headlines in recent years. Inventory in Brooklyn, much like in Manhattan – and perhaps even more so, is on a steep decline. Neighborhoods like Red Hook, Prospect Heights, Fort Greene, and others are eclipsing demand of mainstays like Park Slope, Carroll Gardens and Williamsburg. The median house price in the borough is up, due to fewer houses on the market, which opens the door to developers to meet growing demand to live in the area.
28 July, 2014 posted by: CORE
Last week, Tom Postilio and Mickey Conlon’s Tribeca townhouse listing at 37 Harrison Street was profiled in the New York Observer, following its sale. Purchased for $5.5 million, the home was originally listed for $3.75 million and quickly entered into contract after only one week of being on the market. According to the team, the first open house attracted more than 100 potential buyers, including actor Jake Gyllenhaal. The home closed on July 21st at nearly 47% above its asking price and exactly 100 times what the seller paid for the property in 1975.
24 July, 2014 posted by: CORE
CORE is excited to announce the sales campaign of Soho’s latest new development project 15 Renwick. Developed by IGI-USA with ODA Architecture as the leading design team, sales are slated to launch this September. Covered by the New York Observer, news of the project broke yesterday, with Eldad Blaustein of IGI-USA providing insight on the building’s creation. “In the original plans, it was a glass building, a curtain wall from bottom to top, and we changed the façade, added more industrial elements, consistent with the cast iron architecture of the neighborhood,” he said. “It has a more industrial finish and the apartments will all have exposed columns.”
Aside from its sleek design, the project has also garnered attention for its unique marketing approach, notably four different “characters” situated in the renderings. The imagery integrates the historical, Victorian era of the Renwick legacy with the creative persona of today’s Hudson Square resident. The provocative images include a shirtless boxer sporting contemporary tattoos, complemented by an aristocratic-styled woman with modern-day nail-art.
21 July, 2014 posted by: CORE
Experiencing an unprecedented surge in residential growth, New Yorkers are flocking to Brooklyn to get in on the borough’s growing popularity. Named the 4th most populated city in the U.S. without taking its neighbor Manhattan into consideration, Brooklyn is now at the epicenter of New York’s new residential development boom. An expert the borough, CORE’s Doug Bowen recently spoke with the New York Post to discuss downtown Brooklyn’s condo market. When asked about the neighborhood’s current housing activity, Doug said “Downtown Brooklyn was largely rental-driven since Lehman Brothers fell. Most of the development — especially anything of size like the Brooklyner, or [the upcoming] Avalon Bay — was rental.”
17 July, 2014 posted by: CORE
With single women buying homes at twice the rate of their male counterparts, brokers throughout the city are noticing the growing trend of women purchasing pricey Manhattan homes for both investment and lifestyle reasons. This week, Katherine Clarke at the New York Daily News profiled three single NYC women, chronicling their search for the ideal pad. According to the piece, single professional women have been more active as homebuyers than men for almost twenty years, with the gap now growing wider. According to data from the National Association of Realtors, single women make up approximately 16% of homebuyers nationwide, while single men account for just 9%. Banking executive Ana Kostreci, one of the three women profiled in the article, purchased a one-bedroom home near Lincoln Center after beginning her apartment search with CORE’s Deirdre De Risi. When asked about her decision to finally buy a home, Ana said “I was always raised to be independent and realistic, and not wait for the white picket fence.”
14 July, 2014 posted by: CORE
Last week, Christian Rogers spoke with Kim Velsey of the New York Observer to discuss homebuyers purchasing Manhattan homes under limited liability corporation designations in response to a provocative New York Magazine cover story, Stash Pad. Largely embraced for privacy reasons, LLCs are increasingly being used by high-end buyers, especially foreign purchasers – according to the article, to maintain anonymity in public records and the media.
Christian estimates that approximately 85 to 90 percent of his buyers use LLCs when purchasing homes and that the split between foreign and domestic buyers is roughly 50/50. According to him, the practice has “…become very popular with all buyers. People are being better advised and understanding the advantages of it.”
10 July, 2014 posted by: CORE
In this summer’s issue of Fairweather, CORE agents Lisa Graham and Alexandra Fairweather sat down with Gagosian Gallery gallerist, Kara Van Der Weg, and her husband Brett Littman, executive director of The Drawing Center, to discuss how their home is designed to be a reflection of who they are. Situated on the Upper West Side, the couple’s home boasts an eclectic yet concise New York style, furnished with several pieces of unique artwork. “We’ve tried to create a living space that reflects who we are,” says the couple. “…our tastes, our friendships, the fact that we are both creative people — and feels special, so that it is a pleasure for us to come home.
Published by Alexandra herself, Fairweather offers insight into the worlds of art, lifestyle, fashion, design, travel, business and philanthropy. See the full Summer 2014 issue of Fairweather here.