The Real Deal New York

Posts Tagged ‘Corcoran Group’

  • Marc Lambrechts and an aerial shot of his Fort Greene lot

    Developers, take note. A non-landmarked, block-through Fort Greene assemblage, which can be developed into 38,000 buildable square feet, has hit the market for $9 million, the New York Daily News reported.

    Artist Marc Lambrechts is the owner of the site, which includes a main house, a carriage house, four garages and three backyards. [more]

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  • Hamptons

    Hamptons

    Renters who are hoping to score a Hamptons summer rental may still be in luck, the New York Post reported. There is still some inventory remaining, according to brokers, but only on the very low and high ends.

    “There’s a tremendous amount [of inventory] at the high, high end,” Douglas Elliman’s Enzo Morabito told the Post, referring to rentals that ask $350,000 or more for the season. This, he said, was because many former high-end renters decided to take the plunge and buy a home late last year before the fiscal cliff’s higher taxes kicked in. Really inexpensive rentals – below $75,000 for the season – are also still available, he added. [more]

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  • 18 Wainscott Main Street

    From the May issue: Back when “the Hamptons” was “the country,” a backyard used to signify potato fields and fireflies. With the march of progress, pools, Jacuzzis and tennis courts became essential outdoor features for high-end Hamptons homes. Now it’s become de rigueur to make the outside of the house nearly indistinguishable (at least in terms of comfort level) from the inside. [more]

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  • From left: Deborah Rieders and interior images of her home

    Deborah Rieders, a senior vice president at the Corcoran Group who was named the firm’s top Brooklyn broker of 2012, sold her Boerum Hill townhouse for its $3.2 million asking price, according to public records filed on Friday. [more]

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  • From left: Jennifer Johnsen of MNS, Ari Harkov of Halstead and a photo of the Edge and Northside Piers

    The wave of Williamsburg’s new development inventory has slowed to a small swell, with many boom-time projects finally selling out after years of fitful sales — and relatively few newly built condominiums coming online. As a result, neighborhood brokers who cut their teeth working at on-site sales offices are struggling to learn the business of resales and to build up a roster of clients, sources said. [more]

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  • Click to enlarge

    From the May issue: While the Corcoran Group — Manhattan’s second-largest residential brokerage — may have seen its listing count drop in the last year, it led the borough in overall residential sales, according to a first-ever ranking of closed transactions by The Real Deal.

    Indeed, the firm beat its rivals through its strong grip on the under-$5 million market, according to a TRD analysis of StreetEasy data, which looked at 2012 closed seller-side sales of $1 million or greater. [more]

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  • From the May issue: Against the backdrop of Manhattan’s severe inventory shortage, the borough’s largest firms are working to leverage a new crop of condos and high prices in the luxury sector.

    Nearly all of Manhattan’s 12 largest firms have far fewer exclusive listings than they did at this time last year, according to The Real Deal’s annual ranking of the borough’s top residential firms, which reviewed a snapshot of data pulled from Online Residential in mid-March. At nearly all of the companies included in the ranking, the average number of listings per agent dropped year-over-year, according to TRD’s research, while the number of agents with zero listings rose at most all firms too. [more]

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  • The exterior and interior of 40 Willow Place

    Flipped and sold. The townhouse at 40 Willow Place in Brooklyn — the single-family home with the borough’s highest tax assessment — sold for $7.7 million in its second sale in less than a year, Curbed reported. [more]

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  • AC/DC bassist lists West Village pad

    April 25, 2013 11:45AM

    From left: Clifford Williams and 63 Downing Street

    No more “Down Payment Blues.” Clifford Williams, bassist and back-up vocalist for AC/DC, is looking to sell his two-bedroom, two-bathroom condominium at 63 Downing Street, the New York Post reported.

    The West Village pad, between Seventh Avenue and Bedford Street, features two private outdoor spaces, crown molding and a “chef’s kitchen,” according to the listing. [more]

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  • Average and median price of a Hamptons home (Image courtesy the Corcoran Group)

    Average and median price of a Hamptons home (Image courtesy the Corcoran Group)

    If the Hamptons real estate market celebrated the end of last year with a boom — as high-end homebuyers rushed to complete deals before capital gains tax rates spiked at the start of 2013 — then the last three months must have felt like a hangover. Home sales and prices in the tony enclave plummeted in the first quarter of this year, according to reports released today by the area’s largest residential brokerages. [more]

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