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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512 posts tagged Real Estate

JEANNE BYERS INSTAGRAM SNAPSHOT OF THE WEEK

Friday, July 25th 2014

Thank you to Jeanne Byers from Halstead Property’s Downtown Office for once again sharing with us her an Instagram Snapshot of hers from this past Wednesday…

In a city with amazing new developments going up everywhere, I’m a sucker for the old ones. Could a New Yorker have a better address than 1 Fifth Avenue?

We invite you to Like and Comment on the photo here.

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Jeanne is a past Executive Creative Director of Arnold/New York Advertising Agency and brings her trained eye and quality orientation to her social media marketing as well as to her exclusive property marketing.  Follow all of Jeanne’s amazing instagram visuals here.

A REAL WEST SIDE STORY WITH CAROL LAWRENCE

Featuring Celebrity Owned 304 West 75th Street

Carol Lawrence knows a thing or two about living on Manhattan’s Upper West Side which provides a unique synergy of the performing and culinary arts. At just 16 years young the Missouri native landed what would go down in history as one of the most iconic roles to grace the stages of Broadway as Maria in the original Broadway production of West Side Story. Maria and the rest of the cast stole the hearts of New Yorkers everywhere, and has been doing so ever since. Fast forward to present day where the Tony Award winning actress and Hollywood golden girl-turned cookbook author has been living a real life West Side Story at her home on 304 West 75th Street that is now on the market.  Halstead Property’s Jeff Tannenbaum recalls that it was love at first sight for Ms. Lawrence  when she first purchased the home nearly 5 years ago after being immediately drawn to the endless sunlight and ideal size of the space located within a premier full-service cooperative building. As many of those in show business will attest to, the space and Upper West Side location offered all of the trappings needed for a place to call home whenever her busy schedule required her to be in New York City. The beautiful sunlit studio apartment is complete with a separate kitchen and coveted closet space, and is situated in the epicenter of the city’s art scene with Symphony Hall and Lincoln Center within close proximity, in addition to Citarella and Fairway nearby for necessary convenience. Budding Broadway hopefuls will appreciate the built-ins and shelving above the molding that Ms. Lawrence added where she displayed a well-deserved arsenal of trophies and Tony Awards. As Tannenbaum puts it, “this is the quintessential Broadway star loft.”

Click here to learn more about this residence, and contact Jeff Tannenbaum over email to make this the start of your very own West Side Story

EYE CANDY OF THE DAY: LET THE LIGHT IN

Sprawling and sun-filled with South and West exposures and a sweet corner terrace that offers panoramic views of the dynamic New York City skyline, you will be captivated by this split two-bedroom cooperative home. Inside you’ll find a dramatic windowed kitchen adorned with rich cherry wood cabinets, and two master suites of equally as sizable proportions, the west-facing suite boasts beautiful crown moldings and custom built-ins for added convenience. It is amazing how much privacy this home offers when you consider the sheer scope of it all, from its current configuration with a portion of the living room walled off to create a separate home office or third bedroom, the possibilities are endless. 

Click here to see more of this stunning residence located in a sought after Upper East Cooperative building.

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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: GREEN WITH ENVY ON THE HIGHLINE

Welcome to the renowned HL23 condominium building situated directly on New York City’s famous highline in Chelsea. Designed by starchitect Neil Denali, it is recognized as one of the greenest condos in the neighborhood and is noted for its unique column-free interiors where a keyed elevator opens to reveal this full floor two-bedroom apartment with almost 2,000 square feet of space. Imagine living in a very sophisticated tree-house atop the most famous elevated park in the world with an open floor plan and 11’ floor-to-ceiling glass panels that give you unrivaled views of the Highline. The master bathroom is also complete with floor to ceiling glass, and when your inner exhibitionist is feeling shy, the windows are equipped with operable bottom up shades for maximum privacy.

Click here for more Eye Candy on this one-of-a-kind condominium.

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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: Sittin’ on the dock of the bay…

You will love sitting on the dock of the bay and wasting time on a private dock at this beautiful waterfront home. The shingle style 5 bedroom colonial house is located in the scenic town of Westport, CT and has an amazing 103’ frontage on Bermuda lagoon with a boat ramp and putting green in addition to the private dock for a resort-style paradise. 6,949 square feet of interior living space is complete with a master suite and sitting room that offers a panoramic waterfront view through almost 360 degrees of windows. A banquet sized dining room and living room with vaulted ceilings remind you just how much space there is to enjoy the tranquil surroundings on the Saugatuck shore. 

Click here to learn more about this stunning Connecticut residence.

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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

QUOTE OF THE DAY - RICHARD GROSSMAN TO CHINA DAILY

A recent article by China Daily touched on how the Chinese are now the #1 International Buyers of US residential property according to new statistics released. To support that point, China Daily sat down with our Executive Vice President, Managing Director, Richard Grossman, to learn more about this growing trend. Richard summed it up perfectly with our Quote of the Day above that appeared in their recent article!

To network with Richard feel free to visit his webpage or email him directly. 

YOUR EYE CANDY OF THE DAY: MASTERPIECE ON TOP OF THE WORLD

An immaculate historic hill top residence in a private valley overlooking the Berkshire mountains awaits you in beautiful Chatam, NY on 355 spectacular acres of land with nearly 125 acres of pasture and 36 acres of fenced in grounds. A 1/3 mile driveway leads to this 6 bedroom,  7,800 sq. ft. home that features a living room, dining room and library each with a wood burning fireplace and a light filled conservatory with floor to ceiling windows. 

Outside you’ll find a 4 car heated garage complete with enough storage options including a 50’ by 195’ RV storage facility with 12 heated bays, two 50’ by 160’ utility barns, two 50’ by 80’ equipment barns, two livestock barns, a 2 story heated post and beam hay barn with 4 garage bays, in addition to a 3-bedroom 4 stall horse barn apartment.

Click here to discover the endless possibilities that this one of a kind property beholds. 

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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: DESIGNED TO SHINE 

A closet full of designer duds is a match made in style heaven for a uniquely chic living space like this two-bedroom cooperative nestled on a coveted stretch of Carnegie Hill in the heart of Manhattan’s Upper East Side. A gracious entry foyer greets you into the light-filled designer renovated apartment with soaring ceilings and greenhouse windows for a living room full of open views that are like a breath of fresh air. What we most appreciate is the 16x11 Ft Master Suite that has an enormous walk-in closet perfect to house a growing arsenal of couture collectibles, and the 2nd bedroom is equally as spacious with well-proportioned closets and an en-suite bath. 

Click here to see more of the prewar cooperative 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

EYE CANDY OF THE DAY: INVITING YOU TO DIVE IN

That pool looks so refreshing we can almost taste it. The sparkling blue waters await you at a newly completed Bridgehampton residence complete with a heated pool and adjacent pool house on 1.5 acres of land. A total of six bedrooms can be found inside 8,000 square feet of interior living space with lofty high ceilings and a screened in porch with a charming fireplace that is perfect for those cool summer nights.

To see more Eye Candy on this Hamptons property, click here

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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: WATERFRONT OASIS

The sparkling waters of Tokeneke Lagoon is a priceless view that we will never tire of on the shores of this majestic waterfront home in Darien, Connecticut. The 6,671 square foot, 5 bedroom residence is situated on almost 2 and a half acres of land, and you can see from above that you will find nothing but crystal clear reflections in the tranquil waterfront setting. Charming details form brick floor to antique wooden beams and cathedral ceilings make this a fairytale setting fit for the perfect ending. In addition to the serene and tranquil water views, outside boasts multiple patios and terraces perfect for entertaining, or relaxing in the warm summer sun.

Click here to discover more of this incredible Connecticut Property. 

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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: HISTORIC MANOR HOME

Welcome to this historic manor home set on over 48 acres of beautiful parkland grounds overlooking Lake Mohawk and the Delaware Water Gap in Sussex County, New Jersey. Private gates reveal a handsome pair of stone pillars and a unique stone country style house with multiple patios and terraces that offers views as far as the eye can see for beautiful sunsets over the horizon. In addition to the obviously marvelous landscape, the 5 bedroom residence boasts 3 romantic woodburning fireplaces, a library, and an exercise room with your very own sauna. Last but not least, an in-ground pool completes this property to make it a private, luxurious retreat located within an hour of New York City.

Click here to learn more about this spectacular property.

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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

MANHATTAN MARKET REPORT UPDATE FROM OUR CHIEF ECONOMIST

For the 2nd Quarter 2014

By Greg Heym, Chief Economist at Halstead Property

Manhattan apartment prices averaged $1.7 million in the second quarter, virtually unchanged from the first quarter’s record level, and 19% higher than a year ago. A booming new development market, which posted a record average price of just under $3.5 million, combined with a record co-op sale and scarce inventory kept prices elevated. The number of reported sales was 9% higher than a year ago.

The median price, which measures the middle of the market, fell 1% from the first quarter of 2014, but was 5% above 2013’s second quarter. This shows us that most of the increase in the average price is due to the high end, as the middle of the market is rising at a much slower pace.

Perhaps the most telling statistic on the strength of the luxury market is that at the time of our report, 45 closings over $10 million had been recorded. During the same time period in 2013, there were just 16, a 181% increase.

All sizes of co-ops saw their average price rise compared to 2013’s second quarter, led by a 26% gain in three-bedroom and larger units. Overall, the average co-op price of $1,240,747 was a 12% improvement from the second quarter of 2013. The average condo price of $2,283,151 was slightly below last quarter’s record level, but 26% higher than a year ago. New developments, such as One57-which had 4 closings over $30 million-pushed the average price 47% over the past year for three-bedroom and larger condos.

The full version of the report click here.

DO I KEEP RENTING OR SHOULD I BUY?

By: David Wagenheim, Licensed Real Estate Salesperson, East Side Office

I am often asked, how does one know when it’s time to stop renting and consider buying an apartment. This can be different for everyone. Some like the ‘security’ of owning their own home, others feel it’s a way of fulfilling the ‘American Dream’, etc., but for many, it’s when the rent they are paying no longer makes sense to them.

Whatever your reasons are, you should be aware that if you are going to purchase, the ‘common’ rule of thumb is that you want to make sure you are going to stay in this home for at least five (5) years. If you think you can’t make that commitment, then you may want to consider holding off because you may not make your investment back. Granted, there are always exceptions to every rule, as we certainly see cases where if the market is on an ‘upswing’, it’s quite possible to recoup your money earlier. I am of course speaking in generalities.

Recently I worked with clients who were paying $3,325 per month in rent. They loved their apartment and neighborhood, but they knew it was a matter of time before their rent would go up again, and thought it might be time to take the next step.

After some searching, we found an apartment that they were happy with a little further north of their current neighborhood, but, with a bit more space. The list price of the apartment was $600K with a monthly maintenance of $1K per month. With a down payment of 25% ($150K), a 30 year mortgage with an interest rate of approximately 4%, their payment (including their maintenance) came to approximately $3,148 per month. This already was enough to make them happy with their decision. However, because of deductions available to homeowners on their interest, they would save an additional $491 per month thereby bringing their ‘net’ monthly outlay to $2,657. In just one year they will not only save themselves $8,016, but they will be building equity in the years to come giving them a sense of ‘security’ as well as helping to fulfill the ‘American Dream.’

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

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

BRIAN LEWIS HOLIDAY PREMIERE

Presents a Video Tour of the Penthouse C at 118 West 79th Street

Recently named once again to the prestigious list of Top Agents in the US by the Wall Street Journal, Brian Lewis figured he would celebrate the Holiday Weekend by releasing this feature film tour of his newest exclusive penthouse at 118 West 79th Street.

Easily one of the most exquisite homes on the market today—this Pre-War penthouse at 118 West 79th Street has it all. The two-bedroom home comes with a lush (and irrigated) garden and al fresco dining space on the wrap-around terrace, which offers eastward views of Central Park and a cityscape panorama to the south. Step inside to the open-plan living and dining space complete with original molding, a dining bar and access to two entrances of the terrace. The master bedroom and guest bedroom (currently used as an office) each have an en suite bathroom. Of course the views of the terrace and beyond are the greatest  assets to this stylish oasis in the sky.

Jaw-dropping sights and amenities aside—Lewis takes you on a soaring, fun journey through the penthouse. You meet Lewis in Central Park where he dares you to “look up.” Suddenly, you speed off to the top of 118 West 79th Street where you meet Lewis once again on the gardened terrace. Before stepping inside, he snaps some day and night shots of the breathtaking views with his phone camera. Expect more Lewis trickery as he introduces the double entrances from the terrace. 

WATCH THE PREMIERE VIDEO NOW

Also we invite you to watch all of Brian’s 300+ videos by clicking here.

EYE CANDY OF THE DAY: CONTEMPORARY HAMPTONS HOME

Kick back and relax at this sophisticated and loft-like contemporary home in East Hampton with 4,500 square feet of interior living space, and almost 1.5 acres of pristine land. Art enthusiasts and purveyors of wide open space will love that a 1,230 square foot gallery hall awaits them inside this 3 bedroom residence that could easily be mistaken for a classic SoHo loft. The glamorous 20 x 40 ft. heated pool you see above comprises only a portion of the 2,000 square foot cedar deck, which is accessible from both the dining room in the main living area, and from a spacious first floor master bedroom. A home office is also on hand for when work beckons you, and an open floor plan exacerbates the sunny disposition of this naturally light-filled home. 

Click here to learn more about this East Hampton property.

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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

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