Halstead Property

Welcome to the official Halstead Tumblr Blog, where our local agents are your local experts. Halstead Property is the largest privately owned real estate firm in the New York Metropolitan Area and we strive to innovate and modernize your real estate experience. Through this blog, we aim to act as your neighborhood and real estate ambassador. We have daily contributors whose primary goal is to investigate and produce daily commentary and rich content that will give you a taste of the areas we service and you live in. If you have any feedback we invite you to contact us at social@halstead.com.

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595 posts tagged Manhattan

ASK AMY - April 3rd, 2014

Dear Amy,

I’m in the market for a newish one-bedroom condo in Manhattan, but I don’t want to pay extra common charges every month for amenities that I don’t want. I’d like a doorman, but I’m not interested in a pool, gym or other fancy stuff. What are my options?

- Buy Curious

Amy Herman: The average price for a one-bedroom condo in Manhattan is $922,000, but doorman condos can range from $650,000 to $1.4 million, depending on location and age. Midtown East and Midtown West will be cheaper than the Upper West Side, Upper East Side and certain downtown areas (such as the Flatiron District, Chelsea, Noho, Gramercy Park and the Village). North of 96th Street used to be a more reasonable option, but these days, some Harlem units are selling for around $900 to $1,100 a square foot, making them comparable to Midtown options. Newer condos will almost always be more expensive than older ones except with a prime location off Central Park or a place with spectacular views. But before we get into finding a no-frills condo, consider this:

It’s true that amenity-rich full-service buildings often have higher fees (which go to the upkeep of said amenities), but they don’t necessarily translate to higher purchase prices. For example, many of the buildings built in the 1980’s have state-of-the-art health clubs with pools, yoga rooms and saunas, but the average price per square foot is less than the brand-new boutique condos that have only a doorman and a small gym. In many buildings, fitness center fees are actually separate from monthly common charges and an option for residents who want to use the facilities. 

Often buyers think they’ll never use the on-site Pilates studio or the 50-foot lap pool—until they see them. That could happen to you, too. Even if you don’t use the gym or pool, these types of offerings are attractive to many buyers and could prove a positive when it comes time to sell your home.

Bottom line: it’s a better strategy to view everything in your budget and see which place feels the most like home. That said, if you’re still set on a building sans extras, you might want to focus your search on buildings constructed in the 1940’s through 1960’s. Many of these older structures have had doormen for years, but few of them have taken the time to add other amenities like gyms. Smaller buildings could also work, since the annual cost of high-end amenities is so much steeper when split between fewer homeowners. Many newer condo buildings with fewer than 50 units don’t leave extra space for an amenity floor, while places with 20 units or less are often so bare bones that they have a virtual or part-time doorman.

If you’re set on a no-frills building:

Upper East Side one-bedroom/one-bathroom condo, $799,000: Recently renovated, this pet-friendly one-bedroom at 300 East 62nd Street at Second Avenue has a wall of closets, a wall of windows and a balcony with wood floors. The doorman building has a bike room, a laundry room and a live-in super. Monthly common charges are $689, while taxes are $668.

Want amenities after all?

Upper West Side one-bedroom/one-bathroom condo, $1.195 million: This Trump Place one-bedroom at 220 Riverside Boulevard between West 70th and West 71st streets has an open kitchen, floor-to-ceiling windows, a marble bathroom and a brand-new washer/dryer. Building amenities include a 24-hour attended lobby, a health club with an indoor pool, a children’s playroom, a billiards room and an attached garage. Monthlies are relatively low—common charges are $753 and taxes are $534—but a 421a tax abatement expires this year, so even if you act fast, you won’t be able to enjoy the low taxes for very long.

Upper East Side one-bedroom/one-bathroom condo, $875,000: Recently redone, this 35th-floor one-bedroom at 301 East 79th Street between First and Second avenues offers a stainless steel kitchen with granite countertops, a spacious foyer, hardwood floors, crown and baseboard moldings, deep closets, built-in shelves and central heat and air. Building amenities include a doorman, a concierge, a landscaped roof deck, a fitness center and storage. Monthlies are on the low side—you’ll pay $518 for common charges and $599 for taxes.

Excerpts taken from a recent Brick U Column titled “Buy Curious”

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Amy Herman is a Licensed Real Estate Salesperson from Halstead Property’s Park Avenue Office.

Connect with her on her agent website or find her on twitter to ask her a question of your own.

YOUR EYE CANDY OF THE DAY: WAITIN’ ON A SUNNY DAY

In the words of The Boss, we’d love nothing more than to chase the clouds away and wait on a sunny day while laying on this rooftop. If you listen close enough you can hear a collective sigh of relief as residents of the Northeast rejoice that spring is finally here. Sunny and 75 isn’t just a lyric, it describes the perfect conditions for Al Fresco dinners that this well designed terrace is begging to host. Fully equipped with provisions for a full outdoor bar, and a gas hook-up in addition to cable TV under a covered roof area provide peace of mind that even when the sun dips behind the clouds, you’ll still be able to enjoy the sights and sounds of your Upper West Side Penthouse abode. 

Enjoy 3 full floors with your very own private elevator inside, and the chance to brag about a sun-soaked living room with 25’ high ceilings and a total of 4 panel skylights. Sunny and 75, indeed. 

A deeded storage unit, washer and dryer, media room, and enough closet space to justify an endless number of shopping sprees completes this full package. 

Click here to learn more details and see for yourself why it is a rare gem.

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 Sample all of our Real Estate Eye Candy Powered by Pinterest here.   

 Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here.

 

EYE CANDY OF THE DAY: DIAMOND IN THE SKY

They say a picture is worth a thousand words, so a video tour of the dazzling New York City skyline from the 61st Floor home you see here must be worth a million dollars. New York’s iconic cityscape is one of those things like a beautiful sultry sunset, or snow covered mountain tops that you never get tired of looking at. 

There are very few vantage points where you can stand and look to the left, right, up and/or down that offer the same caliber of eye candy as this sought after Penthouse apartment. Located in the heart of Manhattan this home presents you with calming water views of the Hudson River and the George Washington Bridge to the North; and an effortless glance to your East presents you with a view like you’ve never seen before as you peer down over the bright lights of Times Square and take in the flickering lights of both the Chrysler and Empire State Buildings. This palatial apartment in the sky comes with two well-appointed bedrooms, and a state of the art kitchen that shines brighter than the lights outside your window with designer appliances and dreamy granite covered counter tops.

Below your penthouse unit are 3 entire floors of amenities that residents at The Orion have become accustomed to including valet, concierge, dry cleaning, and 8,200 square feet of gym space are all at your beck and call. When it’s time to unwind you can choose from multiple spa rooms, a pool, or a handful of sundecks to close your eyes and bask in the sights and sounds of Midtown West

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Sample all of our Real Estate Eye Candy Powered by Pinterest here.   

Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here.  

FROM THE DESK OF OUR CHIEF ECONOMIST

By Greg Heym, EVP and Chief Economist at Halstead Property

1st Quarter 2014 Manhattan Market Report Update

Luxury new development closings helped push the average Manhattan apartment price to a new record in the first quarter. At just over $1.7 million, this figure was 7% higher than the previous quarter, and 30% higher than a year ago. It’s important to remember that the first quarter of 2013 was a relatively weak quarter, due to the rush of high-end tax-related closings at the end of 2012.

The median price of $935,000 in the first quarter was also 7% higher than the previous quarter, and 18% higher than a year ago. Despite lower inventory, there were 25% more closings reported in the first quarter than a year ago.

The condominium average price of $2,368,077 in the first quarter was clearly elevated by a large number of closings at luxury new developments. These included Walker Tower, 737 Park Avenue, One Madison, 135 East 79th Street and One57. The average price for new development condominiums was $3,182,185, a figure that is 11% higher than the prior record, set during the fourth quarter of 2013. Cooperative prices were also strong in the first quarter, averaging $1,219,269. This was 6% above the prior quarter, and 23% more than during the first quarter of 2013.

Over the past 6 months we’ve seen a sharp increase in the average apartment price in Manhattan, due in large part to an uptick in high-end new development closings. This included 2 sales over $40 million in the first quarter, after having just 1 sale over $40 million for all of 2013. This trend should continue in the coming months as closings continue at these buildings and start in several more.

We shouldn’t overlook the strength of the resale market however, where the average price of $1,467,714 was 19% higher than a year ago. The low levels of inventory over the past few years combined with strong demand are finally beginning to translate into sharper price increases.

The full version of the 1st Quarter Manhattan Market Report can be found by clicking here. For the next Behind the Numbers Webshow, please check back on Halstead ProperTV in coming days for its release.

WHICH HALSTEAD EXCLUSIVE IS THE REAL DEAL’S PRICIEST HOME OF THE WEEK?

Rosemarie Deane’s 555 Park Avenue 1E of course. This beautiful Park Avenue triple mint duplex was renovated in magnificent European style and feels like a townhouse. The best features of the home is the Parquet de Versailles floors laid throughout and the original First Empire fireplaces imported from Italy. We also cannot forget to mention the three spacious reception rooms that offer 60 feet of palatial entertaining space, separated by columns. A gorgeous home for the most discerning buyer.

See the Real Deal Article Here.

See more about the listing here.

EYE CANDY OF THE DAY: Cavernous Condo in Chelsea 

More often than not Manhattanites possess an unspoken understanding of forgone outdoor amenities, however Your Eye Candy of the Day featured home proves that is nothing but a myth. If you find yourself longing for summer nights spent grilling under the stars with the New York City skyline behind your back, then look no further as the sizeable property you see pictured above is fit to host unforgettable summer soiree’s on 675 square feet of private, outdoor space. Top of the line, state-of-the-art stainless steel outdoor grill, included. It’s the perfect remedy for when you’re stuck at the office a little too long on a summer evening and decide to postpone driving to the Hamptons until the weekend. A master suite is complimented by 2 additional large bedrooms on the second level, and the beautiful hardwood floors are found throughout the entire 1,825 square foot home. 

You can find the best of townhouse living inside one of Manhattan’s most sought after full-service condominium buildings, in the even more sought after neighborhood of Chelsea. Coveted outdoor space in a coveted downtown neighborhood sounds like the perfect summer in the city to us. 

Click here to learn more about this condominium home, and to discover all of the possibilities that living in Chelsea has to offer. 

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Sample all of our Real Estate Eye Candy Powered by Pinterest here.    

Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here.  

OPEN HOUSE ETIQUETTE 101

By:  Victoria Vinokur, Licensed Real Estate Broker – Halstead Property Park Avenue Office.

For most New Yorkers the beginning of spring is signaled by the first allergy sneeze, singing birds, longer days and blossoms on the trees. For anyone in the real estate business in Manhattan, the first sign of the season is an increasingly hot market with open houses that draw over forty people to an hour and a half event.

Open House visitation is somewhat of a ritual and as with any ritual, there are unspoken rules to follow. If you’re going to an open house any time soon, here are some simple rules based on my own observations:

Sign in legibly. The seller’s agent needs to follow up on the visit. It’s not an autograph they want—it’s a readable name.

If you are asked to take your shoes off, do.

Need to use the bathroom? Ask but don’t assume.

No iPhone FaceTime while you’re looking. Aunt Ida in Iowa doesn’t need to see what you’re up to.

No photographs, no videos; you’re there just to look .If you must use your cell, speak softly.

 - If you don’t like what you see, or even if you do, keep it to yourself.

If you forget the rules, just remember this slight variation on the golden rule:

“Act the way you’d want someone else to act when visiting your home.”

You can reach out and connect with me over email, or find me on Twitter and visit my agent website to learn more.

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Thoughts of Victoria Vinokur do not necessarily reflect the opinions of Halstead Property, LLC 

The Queensway - “The Next Highline”

The Highline is the crown jewel of Chelsea and possibly even Manhattan, and now Queens is closer to getting it’s very own version of everyone’s favorite elevated park. Rumors have been circling for quite some time now that plans to emulate a 3.5 mile, 47 acre stretch  of abandoned train tracks in Queens into The Queensway were brewing. It will become the 2nd of its kind as NYC has pioneered the way for elevated public spaces as pedestrian and bicycle pathways. Runners, joggers, revelers, and everyone in between will be connected by an abandoned section of the Rockaway Rail Line along the Long Island Railroad  that will connect Queens from Rego Park, to Forest Hills, Richmond Hill, and Ozone Park.

"The project will provide a new public green space, celebrating the cultural diversity of Queens with art, sculpture, and food from around the world” – Friends of the Queensway

Friends of the Queensway (akin to Friends of the Highline) along with the Trust for Public Land just released 2 design renderings as a preview of what the transformation might behold. With input from the public during community workshops that will be held on March 24th and March 26th, these 2 designs represent the future of Queens’ newest park. The renderings come at a perfect time as New Yorker’s welcome warm air and sunnier skies with open arms after a long and arduous winter, and Astoria is the newest “it” member on NYC’s foodie and shopping scene joining the ranks of Williamsburg, and Harlem. 

Stay tuned for more officials details from continued coverage on the Halstead Blog, and visit The Queensway on Facebook to learn how you can be a part of upcoming community workshops, and provide input to the future designs of New York City’s next elevated park. 

(Image Courtesy: The Queensway)

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Visit Halstead Property on Foursquare to learn more about the best dining around the Highline in Chelsea and the newest member, The Queensway, and for hundreds of other neighborhood tips throughout the Tri-State Area.

10 REASONS I LOVE WHERE I LIVE - PROSPECT HEIGHTS, BROOKLYN 

By Christopher Kromer, Licensed Associate Real Estate Broker from our Village Office & co-host of Beat the House on HGTV

I had called Manhattan home for 17 years, and never really gave a thought to moving to Brooklyn. A 6-month stretch in Williamsburg was fun, but I eventually found my way back across the river. Until about 2 1/2 years ago, when I fell in love with a woman. Stephanie lived in Prospect Heights, and as our relationship blossomed I found myself spending more and more time exploring her neighborhood. Of course, experiencing any neighborhood through the rose-tinted glasses of new love is fun, but as time passed, I moved in, we got married, had a baby, and here I am - a full-time Manhattan transplant that’s settled in and can’t imagine ever leaving Brooklyn.

As a result, I thought I would share my thoughts on my new home. Here are my top 10 reasons you should choose Prospect Heights, Brooklyn as your next destination:

1. Central location that is amazingly close to world-class facilities BAM, the Barclays Center (for concerts and sporting events), the new Shakespeare Center, Downtown Brooklyn, Prospect Park, and Fort Greene Park.

2. Fifteen minute bike ride down Bergen St to the newly developed piers and the ferry to Governors Island.

3. Nine subway lines at the Atlantic Terminal, plus the LIRR, so I can easily get to wherever I need to go.

4. Proximity to Park Slope, Fort Greene, Boerum Hill, Clinton Hill, and Historic Fulton Street.

5. Near Even More Amazing Brooklyn Attractions such as the Brooklyn Museum, Botanical Gardens, newly renovated Lakeside Park, and Brooklyn Public Library.

6. Best homemade ice cream at Ample Hills Creamery, along with the other great restaurants along Vanderbilt Avenue (‘Restaurant Row’). Although my favorite restaurant is James.

7. The Best Old Fashioned’s at my favorite bar, Weather Up - (its called the Revolver). 

8. The Farmer’s Market on Saturdays at Grand Army Plaza.

9. The Best Coffee Shop and my favorite cup in NYC, Hungry Ghost.

10. Strolling down the beautiful brownstone streets. 

Feel free to connect with Christopher on Twitter or his agent website

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Discover more from all of Halstead Property’s Brooklyn Neighborhood Expert agents.

Visit Halstead Property on Foursquare to learn more about the best dining in Propsect Heights, and for hundreds of other neighborhood tips throughout Brooklyn and the Tri-State Area.

YOUR EYE CANDY OF THE DAY: Best of the Battery

In the days before we are fully entrenched in the dog days of summer, The New York Times came out with an article to remind us just how coveted outdoor space truly is, proving that it pays to have a slice of priceless outdoor square footage in New York City. Downtown luxury condominiums, including the palatial Battery Park condo home pictured above, garner more dollar per square foot than equally as luxe listings without a terrace. Which further implies the many advantages to owning a home with a private terrace that encompasses 300 square feet of outdoor space in arguably the most exclusive full-service building throughout all of Manhattan. 

You’ll find this 2 bedroom, 2 bathroom corner unit home perched high on the 15th floor ideally situated to offer peace and quiet, and unbeatable views of the Hudson River. The list of amenities you’ll find here are never ending as you have the best of TriBeCaBattery Park City and the rest of Lower Manhattan at your fingertips. 

Click here to discover more details about this home and the award-winning Green building it is in. 

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Sample all of our Real Estate Eye Candy Powered by Pinterest here

Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here.  

EYE CANDY OF THE DAY: SPRING AWAKENING

What else says “Spring” like a bright and beautiful blossoming garden like the one you see here? Nothing symbolizes a fresh start to a new season like the sight of flowers blooming right outside of your windows in your very own private garden and terrace. We couldn’t think of better property to mark the first official weekend of spring than this expansive triplex home located in a thriving section of Upper Manhattan.

Over 2,000 square feet of tranquility abounds inside the 4 bedroom condominium where inside and outside elements flow seamlessly into one another for maximum zen. You’ll attain further peace of mind thanks to a spacious loft-like living room with ceilings so high they appear never-ending. If that isn’t enchanting enough, the fireplace maintains a consistent earthy aesthetic as it opens to reveal a 600 square foot garden that’s visible from almost all 3 floors. The urban oasis also boasts a glass staircase to add a touch of minimalist design. 

Click here to discover more details.

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Sample all of our Real Estate Eye Candy Powered by Pinterest here. 

Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here 

YOUR EYE CANDY OF THE DAY: As Far As the Eye Can See 

When a home like this comes along we can’t resist falling in love with everything about it. Nothing surpasses a sprawling loft in Midtown Manhattan with unobstructed views of a cityscape that traces the outline of iconic landmarks like the Empire State Building and 1 WTC. The bustling metropolitan life outside comes to a halt among the tranquil ambiance created inside by 12-foot beamed ceilings, warm hardwood floors and exposed brick throughout all of the nooks and crannies of this home that includes a state-of-the-art gourmet Chef’s kitchen in addition to stellar views of New York City.

Located in a famed prewar condominium building, the trimmings of urban luxe come full circle with a video-intercom system, rooftop terrace, and more. 

Click here to learn more about this featured home.

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Sample all of our Real Estate Eye Candy Powered by Pinterest here. 

Don’t miss our Snapshot of the Day for more stunning imagery, find us on Instagram @Halstead or visit our online gallery here 

HAPPY ST. PATRICK’S DAY TO ALL

From the agents, executives and staff at Halstead Property, we wish all a Happy St. Patrick’s Day. Be safe and don’t forget that Green is Better ;) 

MAD ABOUT NOMAD!

By Joann Wasserman, Licensed Associate Real Estate Broker, Halstead Property Village Office.

As we have turned the clocks ahead, it signals that Spring is approaching which means the daylight hours are getting longer, and soon the tulips will be blooming in Madison Square Park.

Notable Numbers:

Recent purchases at One Madison Park have set a new record for the Flatiron area at $5,639 per square foot. The area appeals to many including celebrities such as Tom Brady and Giselle who recently purchased at One Madison, thus making it one of the most sought after buildings in our red hot Madison Square Park neighborhood, and all of Manhattan

Familiar Names soon to the Flatiron:

The Flatiron district is already an epicenter for tech start ups, so much so that it’s been called Silicon Alley as the rest of the country recognizes it as a formidable tech hub. It is also a magnet for fashion design houses like Vera Wangas well as ad agencies and the headquarters of many prestigious companies including The Whitney Museum. 

Our New Foodie and Art Neighbors:

Sarabeth’s and Num Pang are just a select few of the area’s must try eateries. Moreover, Madison Square Park is  on the forefront of pioneering public art space in New York City with the most recent installation titled The Water Tower by artist Ivan Navarro (pictured in the graphic above).

FLATIRON POP UP SHOP:

Girl Scout Cookie Flatiron Pop-Up Shop March 17th - May 8th 

March 12th marked the national birthday of Girl Scouts as an official organization. While the first troop was founded over 100 years ago in Savannah, Georgia, the Girl Scouts of Greater New York have called the Flatiron District home since 1985. Their gift to us this spring? A Cookie Pop-up Shop at their headquarters!

Beginning March 17th through May 8th, daily schedule as follows: 

Tuesdays: 12:30 p.m. - 4:30 p.m.

Wednesdays 2:30 p.m. - 6:30 p.m.

Thursdays 12:30 p.m. - 4:30 p.m.

Girl Scout Cookie Pop-up Shop, 43 West 23rd Street, 6th Floor, between 5th and 6th Avenues, (212) 645-4000. 

Connect with me over email or visit my agent website to learn more about the neighborhood, and for all of your real estate needs.

Visit Halstead Property on Foursquare to learn more about the best dining in Flatiron and Nomad, and for hundreds of other neighborhood tips throughout the Tri-State Area. 

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Thoughts and opinions presented in this post are those of Joann Wasserman and do not reflect the official opinions of Halstead Property, LLC.

WHAT’S UP(TOWN) 

By Adrian Thompkins & Shebrelle Hunter-Green

Welcome to the latest What’s Uptown blog post about neighborhood happenings for the week of March 14th, 2014:

What: Closing Reception for Room of Wonders Exhibit featuring Artist Al  Johnson with  “Surprise Guest” and live music performance.

When: March, 15th, 2014 from 5- 8 PM

Where: La Maison d’Art Gallery, 259 West 132nd Street, NY 10027  (Between Adam Clayton Powell Jr./Frederick Douglass Blvd)

What: Women’s Jazz Festival Featuring Spellman College Jazz Ensemble

When: March 17th, 2014 7 – 8:30 PM

Where: Schomburg Center, Langston Hughes Auditorium, (General Admission $25)

What:  Between the Lines. Join award-winning Nigerian author Chimamanda Ngozi Adichie in conversation with British novelistZadie Smith about her dazzling novel, Americanah. Adichie, one of the leading contemporary voices of postcolonial literature, explores the themes of identity and globalization in this rich novel. Americanah was named one of The New York Times Book Review’s Ten Best Books of the Year in 2013

When: March 19th, 2014 6:30 – 8 PM

Where: Schomburg Center for Research in Black Culture, Langston Hughes Auditorium 

What: Play Things. An exhibition touted as a “physically and intellectually interactive” collection of prints from a “broad range of works from the Miriam and Ira D. Wallach Division of Arts prints and Photographs.”

When: Through March 16th, 2014. Friday & Saturday: 10 – 6pm and Sunday: 1– 5

Where: Stephen A. Schwarzman Building

What: Hand-Pull: The Art of Printmaking. The event features works by African-American printmakers and a daily showing on a short companion documentary. (Suggested Donation: $20.00)

When: Now through March 27th, 2014

Where: The Leroy Neiman Art Center, 2785 Frederick Douglass Blvd.

What: The Deep South -Then and Now is a wonderful exhibition of 25 contemporary images of Civil Rights landmarks by photographer Kenneth B. Goldberg

When: Through May 31, 2014

Where: Schomburg Center for Research in Black Culture, American Negro Theatre, 515 Lenox Avenue.

LAST CALL: Don’t miss anadditional production of the critically acclaimed play Black Wall Street will be performed.

When: March 16th, 2014 at 3 PM

Where: Rochdale Village Community Center, 169-65 137th Avenue, Jamaica, NY  

(note: The What’s Up(Town) Blog Series extends a very special Thank You to Ms. Walker!)  

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Thoughts and of What’s Up (Town) are those of Adrian Thompkins and Shebrelle Hunter-Greene and do not necessarily reflect the opinions of Halstead Property, LLC 

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