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.
07 July, 2014 posted by: CORE
In this past weekend’s issue of The New York Times, Patrick Lilly and Adie Kriegstein’s Soho listing at 196 Sixth Avenue, 4/5B was featured as one of last week’s premier “On the Market” properties. This sun-drenched pre-war duplex loft faces east with dramatic 20-foot ceilings and a grand open layout, highlighted by a sculptural metal and wood staircase, working fireplace, full-height exposed brick cut-out and a 14-foot modernist window. The home is also ideally located near local transportation and Soho’s most popular shopping districts.
30 June, 2014 posted by: CORE
Located at 10 West 10th Street, Shaun Osher’s latest townhouse listing was profiled in this weekend’s edition of The New York Times’ “Exclusive” column. Currently on the market for $24.75 million, this West Village Greek revival townhouse boasts a meticulously restored and renovated interior, featuring an elevator, three wood-burning fireplaces, numerous private outdoor terraces, a fitness room with sauna and steam shower, a built-in sound and security system and gourmet chef’s kitchen. According to Shaun, the home is “like a real New York City gem on a special block, a rarefied space from the sidewalk to the roof deck and everything in between.”
23 June, 2014 posted by: CORE
Last week, Lonny Magazine partnered with CORE to celebrate their relaunch at the penthouse atop 111 Mercer Street. Listed by Emily Beare and Christian Rogers, 111 Mercer Street, PH offers over 3,500 square feet of interior and more than 1,600 square feet of terrace space, capturing the essence of its very chic location. Showcasing a clean and modern aesthetic throughout, take a glimpse at why the Lonny team named this Soho pad “one of NYC’s top luxury listings” here.
16 June, 2014 posted by: CORE
Last week, One Museum Mile was featured in The Wall Street Journal, and CORE broker Tom Postilio talks about one couple’s purchase in the building. Chronicling their move from London to New York City in 2012, the piece documents the evolution along this stretch of upper Fifth Avenue. The Robert A.M. Stern designed building offers several sought-after amenities including a dining/conference room, a living room, teen hangout, fitness room and children’s play area. According to the couple, after initially struggling to navigate the tough Manhattan market, their home “…feels like an oasis in the city.” As one of the first new developments of its kind in the area, One Museum Mile’s world-class address, sweeping views and design have made it a distinct presence along Central Park.