October 9th, 2012 posted by CORE

Shaun OsherThe numbers of the September Real Time Report (click here to download the PDF) are indicative of what I’ve been predicting for the last year. Less apartments are available for sale, prices are continuing to rise, and the overall volume of deals is increasing. Our “for sale” market is shrinking, and it’s becoming more and more difficult to find a home in Manhattan. The limited pipeline of new development inventory may also only satisfy a small part of the really high-end market, because most developers seem to be jumping on that wagon.

I expect that when we finally see the deals that were put into contract over the past few months close, we’ll see that there was less negotiation from the asking price. In fact, we are now starting to see deals accepted at above asking prices.

While there is still no completely accurate data or report that provides contract signed prices for a specific time period of 30 days, I estimate that we are at least ten percent higher (in pricing) than where we were a year ago.

This should be the strongest October in the past 5 years.

Shaun Osher is the Founder and CEO of CORE.



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October 5th, 2012 posted by CORE

OHNY

It’s obvious that we at CORE have a huge love and appreciation for New York City and its rich history – - we also love long weekends. If you’re looking for something to do this weekend in NYC, join us at OHNY’s 2012 Weekend, where we’ll be opening the doors to two of our new development projects to the public.

openhousenewyork® (OHNY) is an organization that promotes a greater appreciation of the city’s built environment; broadens public awareness by exposing diverse audiences to distinctive examples of architecture, engineering and design; educates and inspires discussion of issues of excellence in design, planning and preservation; and showcases outstanding new work as well as structures of historic merit.

To celebrate the city’s architecture and design, the 10th Annual openhousenewyork Weekend will once again unlock the city on October 6th and 7th, allowing New Yorkers and tourists alike free access hundreds of sites talks, tours, performances and family activities in neighborhoods throughout the five boroughs. From private residences and historic landmarks, to hard hat tours and sustainable skyscrapers, OHNY gives you rare access into the extraordinary architecture that defines New York City, while introducing you to the people who make the city a vibrant and sustainable place to live, work, and play.

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October 5th, 2012 posted by CORE

Howard Street

SoHo has established itself as a destination for foodies, fashionistas, art collectors and generally speaking, people in the know. In addition to its sought after shops and boutiques, the neighborhood is also home to some of the best examples of cast iron architecture in New York City, making it a perfect balance of old and new.

This shot, taken on Howard Street, a small, 4-block stretch in the heart of SoHo, is a perfect example of the neighborhood’s industrial roots and newer, upscale boutiques.



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October 4th, 2012 posted by CORE

425 East 13th Street PH-FG 01

The Slide Penthouse has quickly become one of CORE’s most attention-grabbing listings so we are excited to announce that this truly unique property has been sold. Located in the East Village’s luxury new development, the A Building, this penthouse got its nickname for the large, sculptural steel slide connecting the two levels in its living room. Beyond that, the 2,500-square foot layout boasts a master suite, media/game room, home office, 18-foot, double height atrium and floor-to-ceiling windows providing open city views in every direction.

As if this apartment wasn’t already built for a good time, there is no shortage of jaw-dropping entertaining areas with a selection of private, outdoor spaces as well as north facing and south facing large, glass walled terraces. The A Building is a full-service building with amenities including a 24-hour doorman and concierge, common rooftop sundeck with pool and private cabanas, BBQ grill area and health/fitness center. This is sure to be the perfect home for live, work and play.



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October 3rd, 2012 posted by CORE

What to do with a 2-bedroom apartment? The possibilities are endless: a guest room, a home office, a child’s room, a walk-in closet… Here are three of our favorite two-bedroom homes on the market right now – so go ahead and let your mind wander.

120 Riverside Blvd 9S 01

Where: 120 Riverside Boulevard, 9S
Size: 2 bedrooms, 2 bathrooms
Asking: $1,985,000
Listed by: Maggie Kent

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October 2nd, 2012 posted by CORE

20120927onemuseum0249a

This past Thursday, brokers, potential buyers and residents gathered on One Museum Mile’s roof to celebrate the new season in style with the Harlem Blues & Jazz Band. Sales team member Tom Postilio welcomed guests to this soulful celebration noting that the building is now over 40% closed and in contract.

Attendees sampled the best in gourmet comfort food with bites from The Culinistas and some seriously decadent hot cocoa from Godiva. Guests were invited to tour One Museum Mile’s model residences and amenity spaces, where seeing the sun set from an apartment overlooking the park was a special treat.

More…
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October 1st, 2012 posted by CORE

66-Ninth-Ave_01

Where: 66 Ninth Avenue, 4W
Size: 1,735 SF
Asking: $3,750,000
Listed by: Tony Sargent

It’s not hard to see why this neighborhood gem has attracted notable creative over the years. The Porter House a luxury condominium set atop the historic restoration of the brick Renaissance Revival warehouse originally constructed in 1905 for Julius Wile wine importers. The six-story residential addition was executed by SHoP architects combining the Meatpacking District’s iconic past with design innovation. The generous layout boasts an open living and dining room with expansive windows providing amazing light and views creating a serene oasis in the midst of the happening neighborhood.  This home features thoughtful design details including Marilyn Minter wallpaper, distressed quartersawn white-oak floors and a refined Valcucine kitchen. The unique and luxurious Porter House also offers a roofdeck and fitness center as a few of its desirable amenities.

Where: 66 Ninth Avenue, 4W
Size: 1,735 SF
Asking: $3,750,000
Listed by: Tony Sargent
It’s not hard to see why this neighborhood gem has attracted notable creative over the years. The Porter House a luxury condominium set atop the historic restoration of the brick Renaissance Revival warehouse originally constructed in 1905 for Julius Wile wine importers. The six-story residential addition was executed by SHoP architects combining the Meatpacking District’s iconic past with design innovation.
The generous layout boasts an open living and dining room with expansive windows providing amazing light and views creating a serene oasis in the midst of the happening neighborhood.  This home features thoughtful design details including Marilyn Minter wallpaper, distressed quartersawn white-oak floors and a refined Valcucine kitchen. The unique and luxurious Porter House also offers a roofdeck and fitness center as a few of its desirable amenities.



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September 28th, 2012 posted by CORE

core_potw_harlemjazz

As the sun went down over Central Park last night, the music was just getting turned up atop 1280 Fifth Avenue, where the Harlem Blues & Jazz Band was playing for guests on the rooftop terrace of One Museum Mile. The event was a kick-off celebration for the fall sales season at the luxury condominium building, which is now 40% sold and in-contract. We’ll have more details on the event and the latest news on the building next week, but for now we wanted to give you a glimpse of this legendary band of musicians, which first formed in 1973. And for those curious about One Museum Mile, there’s an open house this weekend from 12-3pm on Saturday, and 1:30-4:30pm on Sunday.



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September 27th, 2012 posted by CORE

core_93worthhero

With all the buzz about CORE’s 93 Worth Street project in TriBeCa, we thought it was the perfect time to provide a closer look at what this historic former garment factory will look like once construction is complete. Designed by ODA, the newly reconfigured luxury condominium building will offer 92 units — studios to four-bedrooms — in one of Manhattan’s most in-demand downtown neighborhoods.

In a nod to the old and the new, 93 Worth Street, which dates back to 1924, will sport a very modern penthouse addition on top. The existing facade below will be cleaned and restored, and new picture windows are being installed. For an update on how the building looks now (and a peek at those new windows), check out the photo CORE CEO Shaun Oster posted on Facebook earlier this month. For more information on the building, keep your eye on 93worth.com.



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September 26th, 2012 posted by CORE

While everyone loves sprawling, multi-million dollar apartments, sometimes a smaller pad is in order. These three studios offer less space, but no less style, than their more expensive counterparts. Perfect for young professionals or beleaguered commuters looking for a break, these three flats are places to be proud of, without breaking the bank.

Screen Shot 2012-09-11 at 11.39.45 AM

Where: 2 Northside Piers, 14D
Size: studio, 1 bathroom
Asking: $625,000
Listed by: Ralph Modica

With gleaming hardwood, a wall of windows, river views, and a location in one of New York’s most happening neighborhoods, this studio at Williamsburg’s 2 Northside Piers is one of the most desirable small spaces in Brooklyn. The unit itself measures 603 square feet, with a layout that promotes distinct sleeping and living areas. Off the alcove lies a thoroughly up-to-date master bath, flanked by a pair of spacious closets. The kitchen, which opens to the living area with a convenient counter for dining, features top-of-the-line appliances like a Bosch dishwasher and Sub-Zero fridge.

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