A Note on 2015

24 December, 2014 posted by: Shaun Osher


Looking forward, I expect that 2015 will be a year where the playing field finds an equilibrium between a seller and a buyer. With thousands of new units expected to come to market, and a large portion of that inventory compromised, it will still be hard to find that ‘dream’ apartment in the ‘perfect’ location – so we can expect prices to remain steady.


Looking Back at 2014

19 December, 2014 posted by: Douglas Heddings


Flashback December, 2013: Trepidation abounds as a banner year in Manhattan real estate winds down and many are concerned as to whether prices or sales volume can hold their ground much less pick up pace. The typical interest rate concerns as well as fears that new product may not be absorbed echoed through the streets of Manhattan. A new mayor was about to be inaugurated and many of the city’s wealthiest inhabitants paused (for a nano second) to reconsider their investment(s) in Manhattan real estate.

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High-Design and Real Estate

15 December, 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.

A devotee of interior design and architecture, Jean Nayar writes about both topics in addition to a career in real estate. A recent addition to CORE, she also practices real estate in Florida. Here are Jean’s answers to Ten questions.

Jean Nayar At MoMA

1. What did you do before you found this career?

I was a journalist and the author of several books about architecture and design. In fact, I still write regularly for various magazines and my most recent book, Living In Style New York (teNeues), was published this past spring. It covers 20 of the most amazing residences in New York by several of the city’s most prominent designers, like Robert Couturier, Jamie Drake, and Campion Platt. I find that writing about spectacular interior design and architecture really reinforces the work I do in real estate.

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Giving Thanks

26 November, 2014 posted by: CORE

Union Settlement Meals on Wheels 4

Kicking off our CORE and Community initiative, over 30 CORE agents and staff members participated in pre-Thanksgiving meal delivery in East Harlem with Union Settlement Association and Meals on Wheels. The team helped prep and bag hot and cold meals, deliver food and greet recipients over two days ahead of the Thanksgiving holiday. Union Settlement serves about 1,250 older adults each year, offering daily group meals, exercise activities, nutrition and wellness classes, cultural activities, adult day care and other support to the local community. Union Settlement’s Meals on Wheels program provides a daily hot and cold meal to over 500 homebound seniors. As the oldest social service provider in East Harlem, the meal delivery program also delivers to a number of veterans living in the area.

CORE first became involved with Union Settlement during the One Museum Mile pre-development phase. Over the years the team has been involved in a number of initiatives. In 2014, Shaun Osher was honored at their annual Solutions Benefit. We are thankful for our experience and opportunity to give back to the community surrounding One Museum Mile.

Union Settlement Meals on Wheels 3

Union Settlement Meals on Wheels 5

Union Settlement Meals on Wheels 2

Union Settlement Meals on WHeels 6


How To Prepare For 2015

20 November, 2014 posted by: Martin Eiden


Last night I held a seminar for anyone considering in buying or selling in 2015 at the CORE Chelsea office.

The speakers, crowd and overall energy were all great. To sum it up, it was an exchange of honest, direct information in an open, caring setting…not usually  what first comes to mind with the topic New York  Real Estate. The takeaways:

Real Estate Market, by yours truly:

  • Manhattan used to be described as uptown or downtown. Now it is subdivided by neighborhood, property ownership-type and level of fit and finish.
  • Brooklyn is the new downtown Manhattan and recognized worldwide as brand of cool. As such, the neighborhoods of Williamsburg, Dumbo and Brooklyn Heights are now more expensive than many Manhattan neighborhoods.
  • Queens is the new Brooklyn. The city is planning to rezone the wide boulevards of Queens for medium density housing. A new development, the Aston, is selling 1-beds $625,000-$800,000.

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Good To The CORE

10 November, 2014 posted by: CORE

Tough Mudder

This weekend, Team CORE tackled a Tough Mudder in Kissimmee, Florida. Shaun Osher, Michael Rubin, Steve Snider, Sean Attebury and Ben Jacobs  – led by team cheerleaders Lisa Blumencranz and Bryan Baltimore – took on 12 miles designed to test strength, stamina, teamwork and mental grit. Over the course, the team ran through grass fields, grazing pastures and swampy mud to finish.

Congratulations to our Tough Mudders! Take a look at more photos of the team in action below. You can donate to Good To The CORE and the Wounded Warrior Project here.

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Related Companies Invests in CORE, Both Firms to Collaborate To Expand New York’s Leading Boutique Brokerage

23 October, 2014 posted by: CORE

Shaun Osher_Jeff Blau 10.23.14

Related Companies, one of the nation’s most prominent real estate firms, today announced that it has acquired a stake in CORE, the leading boutique real estate brokerage in Manhattan, to further expand CORE’s brand and offerings throughout New York City.  

“This is an incredible opportunity for CORE to align ourselves and work alongside one the most respected developers in the United States,” said Shaun Osher, Founder and CEO of CORE. “Our teams share a similar vision and commitment to quality, design, lifestyle and innovation. This is a game changer.”

Jeff T. Blau, CEO of Related said, “Related and CORE both have creative, collaborative, customer-focused cultures and share a commitment to great design and best-in-class product. Shaun Osher has built a great brand and assembled a strong management team and group of talented agents. We saw an attractive opportunity to help fuel the growth of the platform, invest in great talent and optimize opportunities throughout the city. Related has an over $6 billion pipeline of new condominium developments, and with this investment we will be able to bring real-time market knowledge and customer feedback even closer to our development teams. In addition, we have built over a dozen condominiums in New York City and we saw great synergies to better serve our clients with direct involvement in the resales in those buildings.”

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Embracing Development on Renwick Street

20 October, 2014 posted by: CORE


The Wall Street Journal featured a profile on the long-hidden block of Renwick Street, a single block situated between Spring and Canal Street’s in Hudson Square. Home to four new developments under construction, Renwick Street’s storied history as a location for a number of horse stables has recently undergone a business and residential face lift, as the neighborhood experiences a new wave or development and growth. “I would venture to say that Renwick Street is probably the most changed block in New York City,” says CORE CEO Shaun Osher. At the forefront of the neighborhood’s latest residential development, CORE is managing the sales and marketing efforts at 15 Renwick, a 31-unit residence slated for completion in 2015.


#COREbarks Takes on the Flatiron District

17 October, 2014 posted by: CORE


Today’s Photo of the Week captures man’s best friend in front of one of Manhattan’s most iconic architectural locations, The Flatiron Building. Adie Kriegstein captured this shot of Makey, her Labrador Retriever, during a stroll through the Flatiron District. From digging up ancient dinosaur remains to taking a stroll with her dog, Adie is a well-known lover of all animals. Makey can be found volunteering as a service dog throughout NYC and on his Instagram, @BigCityLab.

Be sure to check out our latest #COREbarks additions every Friday and other unique snapshots by visiting us @CORE_RealEstate. Read the rest of this entry »


Exploring NYC’s Five Boroughs

16 October, 2014 posted by: CORE


Attracting over 54 million visitors so far in 2014, New York City is at the forefront of the nation’s tourism scene. In an effort to encourage both residents and out-of-towners to explore the boroughs outside of Manhattan, NYC & Company, the marketing and tourism division of New York City, has launched a three-month campaign highlighting the best neighborhoods of Manhattan, the Bronx, Brooklyn, Queens and Staten Island. Called “See Your City,” the idea is to encourage residents to “go somewhere new for a change,” says Fred Dixon, the chief executive of NYC & Company. The vibrant campaign will make use of several visual mediums such as stylized posters and videos to communicate its message, which began yesterday.

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