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New York City is the New Frontier for Chinese Real Estate Investors

06 May, 2014 posted by: Jarrod Randolph

Jarrod HK Blog

This month I had the pleasure of spending time in the dynamic city of Hong Kong. My mission was to educate potential investors on the opportunity of investing in New York City real estate. Each meeting added another layer of insight into the multi-dimensional marketplace of Hong Kong and its players. I have an overwhelming respect for the city, its residents, and its financial strength.

Three discussion points were touched upon in every meeting; continued growth of the high new worth (HNW) class, the importance of brands and quality, and the strategy for luxury real estate acquisition. These points are relevant parallels to our marketplace as many Chinese investors are looking to buy in the New York City market. Traditionally, they would look first toward Canada, Hong Kong, Australia and London, but that’s all beginning to change.

Read the rest of this entry »



 

CORE in the News

05 May, 2014 posted by: CORE

A sampling of last week’s press coverage of CORE and CORE properties

nev_dev_5-5-2014

One Museum Mile, 241 Fifth Ave. Sell Out; Metrocard Panel
Curbed
CORE’s two prominent new development projects, 241 Fifth and One Museum Mile, were both featured, following the sellout of both buildings.

House of the Day: Family History in Murray Hill
The Wall Street Journal
Patrick Lilly’s Murray Hill townhouse listing, located at 135 East 38th Street, was featured as one of last week’s “House of the Day” properties.

10 Multi-Million Dollar Properties to Wow You
Leverage Global Partners
Jarrod Guy Randolph’s $25 million Trump Tower listing was featured in this luxury properties round up.



 

CORE in the News

31 March, 2014 posted by: CORE

A sampling of last week’s press coverage of CORE and CORE properties.

10_West_End_Ave_Apt-10HJ_01

Dream Homes
New York Post
Jarrod Guy Randolph, Chris Dominiak and Raphael Chejade-Bloom’s listing at 10 West End Avenue is featured as one of this week’s “Dream Homes.”

Video Marketing: CORE’s Maggie Kent Shows How It’s Done
Leverage Global Partners
Maggie Kent is featured in this video marketing piece, which discusses her innovative agent reel and the importance of creative marketing tactics in real estate.

Jason Sheftell, Late Daily News Writer, Honored at Bailey House Gala
New York Daily News
Tom Postilio and Mickey Conlon hosted this year’s Bailey House Auction & Gala, where the late New York Daily News real estate reporter Jason Sheftell was honored.



 

The Real Deal Honors Jarrod Guy Randolph on “Rising Stars” List

04 March, 2014 posted by: CORE

Jarrod-Randolph_300x300In this month’s issue of The Real Deal, Jarrod Guy Randolph was named as one of New York City’s rising stars in real estate, highlighting a few of the industry’s up-and-coming professionals under 35 years old.  Mentioned among other industry notables such as Drew Popkin, Jason Meister, David Shorenstein and Jason Silverstein to name a few, Jarrod was recognized for his unparalleled expertise in the field at the age of 30. Jarrod estimates that he’s sold about $600 million worth of New York real estate in the last decade, a combination of new development units and resales. When speaking about the luxury Manhattan market, Jarrod says “There are only 1,000 or so individuals in the world who can afford the product we’re selling, and it’s my job to know everything about them.”

For more on Jarrod and the other “rising stars,” take a look at the full article here.



 

CORE in the News

03 March, 2014 posted by: CORE

A sampling of last week’s press coverage of CORE and CORE properties.

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Luxe Listings in New York City
New York Post
Doug Eichman and Ben JacobsEast 57th Street listing is featured in this special “Luxe Listings” roundup.

Living Large
CBS2
Jarrod Guy Randolph’s Trump World Tower listing at 845 United Nations Plaza was featured as last week’s “Living Large” property.

Dream Homes
New York Post
Patrick Lilly and Adie Kriegstein’s West 24th Street listing was featured in last week’s “Dream Homes” roundup.



 

Living Large at Trump World Tower

28 February, 2014 posted by: CORE

Last night, Jarrod Guy Randolph’s Trump World Tower listing at 845 United Nations Plaza was featured on this week’s segment of “Living Large” on CBS2, hosted by Emily Smith. Spanning an expansive 95 feet across from East to West, this 32nd floor home is the product of a meticulous three-year renovation, complete with a triple soundproof theater room, a catering kitchen, hidden bedroom and other top-of-the-line amenities and features. Building amenities at this renowned high-rise building include white-glove doormen and concierge service, 24-hour valet, a 5,000-square-foot, newly renovated health club and spa, 60-foot lap pool, private wine cellars, World Bar and room service by Megu.

For more information on this extraordinary home, check out it’s recent write up in The New York Times here.



 

CORE in the News

24 February, 2014 posted by: CORE

A sampling of last week’s press coverage of CORE and CORE properties.

200_Mercer_Street_4E_01

On the Market in New York City
The New York Times
Patrick Mills’ Greenwich Village loft listing at 200 Mercer Street was featured in this weekend’s “On the Market” showcase.

Priciest, Cheapest Listings to Hit the Manhattan Market This Week
The Real Deal

Jarrod Guy Randolph’s newest listing at 845 United Nations Plaza is featured in this “Priciest” roundup. This 32nd floor combination unit is currently on the market for $25 million.

Done Deals: Right Place, Right Time
Real Estate Weekly
Blu Kokin is mentioned in this roundup of recently sold Manhattan listings for her deal at 207 East 57th Street.



 

Photo of the Week: Behind the Scenes at 845 United Nations Plaza

21 February, 2014 posted by: CORE

Behind The Scenes

Since being featured in The New York Times, Jarrod Guy Randolph’s newest listing at 845 United Nations Plaza has generated a great deal of buzz in the real estate community. Located on the 32nd floor of the Trump World Tower, this elegant and modern home played host to CBS2’s “Living Large” crew, hosted by Emily Smith. Today’s Photo of the Week shows a sneak peak of next week’s segment, already being hailed as one of the most entertaining “Living Large” segments in the past few years, according to Emily.

This expansive home has been elevated to a new level of luxury after three years of meticulous renovation. The distinctive 4-bedroom, 4.5-bathroom residence spans nearly 95 feet across, showcasing panoramic views of Manhattan’s iconic skyline and the East River. One of the most notable features of this home is a triple soundproof home theater, wrapped in leather and Maccasar ebony wood and complete with a Wisdom Audio Sage Series sound system and Krell receivers.

To get the full tour of this stunning home, be sure to follow us on Facebook and Twitter for more on the upcoming segment!



 

4th Quarter Market Recap

20 February, 2014 posted by: Jarrod Randolph

The 3rd and 4th quarter housing reports parallel and reconfirm a market in great need of new product. As reported by REBNY, Jarrod-Randolph_300x300Brooklyn and Queens saw 31% and 40% increases in residential sales respectively, which outpaced Manhattan at 19% over 4th quarter 2012.  These figures have great impact on how the market will perform the first half of 2014, which is traditionally the height of the city’s selling season.

CORE’s Real Time Report highlights four very important market influencers that deserve a closer look.

1.) Overall inventory in Manhattan is down 9%.

Approximately 2,500 new development units hit the market in 2013, 90% of which went into contract or closed.  2014 is slated to see similar numbers. The lack of new product limits options for resale owners, which is exacerbated by tight lending regulations and increased short-term mortgage rates that prevent a lateral move or trade up.  These aspects will continue to keep the housing stock depressed. Read the rest of this entry »



 

What’s New: 845 United Nations Plaza, 32A

18 February, 2014 posted by: CORE

845UNP

Where: 845 United Nations Plaza, 32A
Size: 4 bedrooms, 4.5 bathrooms
Asking: $25,000,000
Listed by: Jarrod Guy Randolph

This expansive home in Trump World Tower has been elevated to a new level of luxury after three years of meticulous renovation. The distinctive 4-bedroom, 4.5-bathroom residence spans nearly 95 feet across, showcasing panoramic views of Manhattan’s iconic skyline and the East River.

Located off the sprawling foyer, the living and dining rooms flow openly and capture northeast views of the Queensboro Bridge. The Poggenpohl-designed kitchen is outfitted with Sub-Zero and Miele appliances and Caesarstone counters and floor.

A private master suite is located on the eastern side of the residence, which includes his/her baths and walk-in closets. Also found on the wing is a triple soundproof home theater, wrapped in leather and Maccasar ebony wood and complete with a Wisdom Audio Sage Series sound system and Krell receivers.

On the western side of the residence are two bedrooms, a library, family room with built-in home office, and a catering kitchen. All systems are linked to the Savant Home Automation Control, including blinds and shades. Finishing touches include wide plank wood floors, Lutron HomeWorks shades, Simonswerk hinges, a central AC system, and art-protective UV tinting on all windows.

Trump World Tower welcomes its residents through a private drive with a 24-hour valet. Building amenities include white-glove doormen and concierge, a 5,000-square-foot, newly renovated health club and spa, 60-foot lap pool, private wine cellars, World Bar and room service by Megu.



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