From left: exterior and interior at 129 West 123rd Street
Harlem development Windows on 123 Lofts, is half sold, according to a statement today from Halstead Property Development Marketing, the exclusive marketer. The eight-unit complex, at 129 West 123rd Street, between Adam Clayton Powell and Lenox avenues, was developed by R&B Development, which is also behind other Harlem projects such as the Carriage House, Soho North and 50 West 127th Street. [more]
Nora Ariffin and Christopher Kromer
From the April issue: For some, running into an ex-spouse is a trial to be avoided. Not so for Halstead brokers Nora Ariffin and Christopher Kromer, who started working together about six months after getting divorced (see The Real Deal‘s coverage of broker teams here).
“We were great friends when we were married — we just couldn’t be married to each other,” Ariffin said. [more]
Diane Ramirez, president of Halstead
Halstead Property has purchased two smaller firms in Cobble Hill and Park Slope, where it is expanding its Brooklyn business, according to a statement from the company today.
With the purchase of Cobble Heights Realty and Heights Berkeley Realty, Halstead now has five storefront offices in the borough, bringing the total number of Halstead’s tri-state offices to 23. [more]
From left: Halstead executive vice presidents Richard Orenstein, Jay Overbye and Brian Lewis, and senior vice president Senad Ahmetovic
For a second consecutive year, Richard Orenstein took home the top prize at Halstead Property’s annual awards ceremony held last week. Halstead President Diane Ramirez, David Burris and William Lie Zeckendorf, co-chairmen of Halstead’s parent company Terra Holdings, were on hand to speak and present awards. [more]
5th on the Park
A total of 41 contracts were signed at 5th on the Park, a new residential high rise on Upper Fifth Avenue, throughout 2011, the most out of any new development property in Harlem, Halstead Property Development Marketing, the exclusive sales agent for the building, announced today.
The development was closely followed in sales volume by 88 Morningside at 88 Morningside Avenue with 38 signed contracts and 2280 FDB at 2280 Frederick Douglass Boulevard with 31 contracts, which are marketed by Halstead and MNS respectively. (note: correction appended) [more]
After a two-month stretch at Core as a senior vice president and associate broker, Ivana Tagliamonte has gone back to Halstead Property.
She is an executive vice president at the village office, according to a press release from Halstead. A specialist in Gramercy and Downtown, Tagliamonte had the highest sales volume in the village office in 2008. Tagliamonte, who has more than a decade of real estate experience, who often works with domestic and
international clients as a certified senior relocation agent.
— Lauren Elkies [more]
The influx of foreign buyers into the New York City condominium market has added a new job description for brokers, according to the Wall Street Journal, as they’re increasingly managing the leasing process on behalf of overseas owners.
For these brokers, performing background checks on renters, collecting rent, paying utility bills and overseeing repairs and renovations have become as much a part of the job as selling apartments. While larger landlords outsource these duties to management companies, few such services exist for individual apartment owners, the Journal said. [more]
In some of the city’s most desireable neighborhoods, prospective buyers are eschewing bargains and hedging their bets on rentals till the market returns.
In Riverdale, an affluent residential neighborhood in the northwest portion of the Bronx, listings have skyrocketed, but sales have dropped, the New York Times reported, with available properties having increased by 80 percent over two years.
In fact, it would take approximately two years for buyers to absorb the current sales inventory in Riverdale, according to data from Streeteasy.com, more than double the time it might have taken even two years ago. [more]
Mayor Michael Bloomberg’s ex-wife, Susan Bloomberg, got the $11.5 million she wanted back in 2009 for her Soho penthouse. But the $1.5 million price hike she implemented when re-listing the apartment earlier this year proved too ambitious.
Citing city records, the New York Observer reported that an LLC named Cirrus 210 snapped up the penthouse in the glassy condominium designed by Andre Balazs at One Kenmare Square. The apartment had been on the market since July for $13 million with Arlene Weidberg, a senior vice president at Halstead Property. [more]
Sara Rotter, the former director of sales for the Gramercy, Flatiron, Chelsea and West Village offices of Citi Habitats, has joined Halstead Property as director of sales for downtown, Halstead announced today.
Rotter will be working closely with Richard Grossman, the executive director of sales for downtown.
“I am thrilled to welcome Sara to our executive team,” said Diane Ramirez, president of Halstead Property. “Sara and Richard will be the winning leadership team in the downtown market.” – Katherine Clarke [more]
