Cassa Hotel and Residences-Midtown Manhattan’s Masterpiece of Luxury Apartment Living

Cassa Hotel and Residences, New York, NY / Photography by Evan Joseph Times Square, MOMA, Versace, Cartier, Ferragamo, Rockefeller Center and the Theatre District; all world-renown venues that define the hustle-bustle, excitement that defines New York City, are just steps away from the Cassa Hotel and Residences. This 166-unit hotel opened 57 residential condo units last year. Cassa... Read More

The Housing Market in the Coming Year — Dire News or Too Much Information?

I don’t know about you, but it’s distressing to hear negative news about the housing market. For the past two or three years, we’ve heard that type of information and how people are “underwater” in their mortgages. Is it all true or are we victims of information overload? Yes, there are certain areas of the country that are still suffering from a down housing market.... Read More

AZURE ARRANGES $145 MILLION FINANCING

HSBC Financing to Strengthen the Upper East Side Luxury. Residential Building’s Successful Sales Efforts Azure, the spacious 34-story luxury residential building at 333 East 91st Street at First Avenue on the Upper East Side, has arranged a new financing facility of $145.1 million from HSBC and its participating lenders. A joint venture between The Mattone Group and The DeMatteis... Read More

15 Central Park West – Manhattan’s Limestone Treasure Representing Prewar Elegance and Fine Living

If you live in New York City, you’ve probably walked by 15 Central Park West, a Manhattan luxury apartment building. Developed by Arthur and William Zeckendorf, these two brothers come from a family with big ideas in real estate and urban development. According to an article in The New York Observer, their grandfather, a real estate mogul, only fault “lay in being years... Read More

The Manhattan Housing Market – Should You Buy a Condo or Buy Into a Co-op?

New York City was the first city in the United States to establish the idea of co-ops. Two architects built the Randolph on West 18th Street in 1876 which was the start of similar projects, known as “home clubs.” These home clubs were owned by stockholders and the purpose was to provide wealthy people home ownerships without all the responsibilities. The term “cooperatives”... Read More

Overcoming Challenges – Turning a “Negative” Into a Positive

At one time or another, all of us are faced with a situation that may, upon initial inspection, seem a bit daunting. As a broker, I face those situations on a fairly regular basis. Whether it’s a sure thing at the last minute falling through, a property or development not being completed when we thought or just the day-to-day stressors that present themselves when dealing with... Read More

New York Still on Top for Home Appreciation

I read an article yesterday on the Real Deal and the news is good — for New York housing and real estate. New York was one of seven states that realized an appreciation in home prices. These were findings from CoreLogic, a group that “provides consumer, financial and information, analytics and services to business and government.” According to the article, New York was... Read More

Online Retail Giant Website Now Selling Real Estate?

Black Friday, the day that marks the first day of Christmas shopping after Thanksgiving, is when retailers go all out to get your attention. Prices are slashed and companies spend much of their advertising revenue in order for you to part with yours. I’ve been looking online and off for the past few days to find out if a few items I’ve got my eye on will be drastically reduced.... Read More

Good News from Solid Sources About the Economy

We’ve been hearing for the past few years such bad news; record unemployment, housing prices falling, the number of foreclosures in some markets increasing and the ever-present political bickering that the media informs us of on a constant basis. The message is we are divided and things are going to get worse before they get better. But are they? I don’t know about you, but... Read More

The GOP’s Control of the House and How It May Affect Real Estate

This past Tuesday marked a dramatic change in the country’s political landscape when Republicans gained control of the House of Representatives. How will this affect the housing market? Let’s weigh in on a few concerns and predictions. Conservatives want no government involvement in mortgages, letting the market dictate while Democrats favor government keeping a close watch... Read More