The Real Deal New York

Posts Tagged ‘stribling’

  • Top sales agents of the week

    February 04, 2010 10:41AM

    The Real Deal has ranked the top listing agents of the week based on the highest priced residential deals filed with the city.

    Some of the top agents of the week, from left: Fritzi Kallop, Maria Pashby, Alexa Lambert, Iris Marden, Eileen Teich, Joanna Pashby and Cornelia Zagat Eland

    Footnotes: Data is for closed deals filed with the city this week through Thursday. The chart only includes sellers’ brokers, because buyers’ brokers’ names are not available in city data or listings. The data does not include deals in contract. To obtain broker information, listing information was compared with sales records filed with the city. Only deals where an individual broker and address can be identified are included. As a result, private sales, listings where an address has not been provided and new development sales by a sales center are not included. Sources: and The Real Deal.


  • The return of Wall Street bonuses, albeit largely in stock form, is proving a boon to the lower end of the luxury market, brokers say. After a year of going without, financiers who have bonuses coming to them once again are now looking to take advantage of a perceived trough in the real estate market — and quickly. “People are hearing about bonus money and think they’re going to miss out,” said Michele Kleier of boutique brokerage Gumley Haft Kleier, who said she received a flurry of calls in response to her high-end listings last week. Other luxury brokers experienced similar surges, an unusual event for what is typically a “quite sleepy” January market, said Stribling’s Kirk Henckels. Buyers in the $2 million to $3 million range are particularly active, with Manhattan contracts between $1.5 million and $5 million up 171 percent for the month that ended Jan. 15 over the year-ago period, according to [NY Mag]


  • Serena Boardman, a senior vice president at Sotheby’s, and Carrie Chiang, a senior vice president at the Corcoran Group

    Serena Boardman and Carrie Chiang made the most appearances on The Real Deal’s weekly top agent list during the second half of 2009. The Real Deal’s list tracks the top five real estate agents with the highest priced residential sales each week, based on residential deals filed with the city. The feature began about halfway through the year.

    Boardman, a senior vice president at Sotheby’s International Realty, ranked number one, making the list six times, followed by Carrie Chiang, a senior vice president at the Corcoran Group, who made the list five times. Boardman’s top sale in the last half of the year, as recorded by The Real Deal was the sale of a $9.75 million townhouse at 12 East 78th Street. Deals recorded during each week do not necessarily reflect current market conditions due to the lag time between when a contract is signed, closes and is recorded with the city. Boardman’s current listings include a massive $75 million mansion at 22 East 71st Street and the high-profile Bernard Madoff penthouse apartment. TRD

  • Lust for luxury Manhattan properties has picked up again, but inventory is too low to satisfy the cravings of wealthy buyers looking for bargains, brokers say. The expected return of Wall Street bonuses, combined with the presence of foreign buyers looking to take advantage of the weak dollar, is quickly intensifying interest in the city’s most prized real estate, but according to brokers, there isn’t enough in the way of top-of-the-line lofts and Park Avenue penthouses to show them, especially in new condominium projects. At 15 Central Park West, three of the most high-end apartments recently sold, leaving only 11 smaller apartments on the market, a three or four months’ supply, based on the building’s recent sales rate. While such wealthy buyers may have been slow to emerge amid a severe recession, they are feeling less bashful about investing in luxury properties today. “Now when you can say you bought it at a third off of its previous value, it is not quite so embarrassing,” said Kirk Henckels, the director of Stribling Private Brokerage. “You look smart.” [NYT]


  • From left: Stribling’s Lori Huler Glick and Cindy Kurtin won REBNY’s Residential Deal of the Year Award for the sale of the Bailey Mansion

    This year’s REBNY Residential Deal of the Year Awards event was enlivened by tales of biting fleas, wild dogs and cremated remains, with Stribling’s Lori Huler Glick and Cindy Kurtin winning first place for selling the Bailey Mansion in Harlem. The Real Estate Board of New York presented its top awards at the annual event, held this year at 230 Fifth Penthouse Lounge. Gala committee members regaled a (not particularly quiet, as usual) crowd of 500 with details of the seemingly insurmountable obstacles this year’s winners overcame to make deals. … [more]

  • alternate text
    12 East 78th Street (left) and 518 West 134th Street

    The most expensive homes to hit the market this week are a condo unit
    and a townhouse both listed for $12 million, according to The five-story townhouse at 12 East 78th Street, which
    belongs to Marisa Noel Brown and Matthew Brown, who lost money in
    Bernard Madoff’s Ponzi scheme, is listed with Stribling &
    Associates and Sotheby’s International Realty. The $12 million condo is
    a three-bedroom, two-bath penthouse at 285 Lafayette Street, listed with
    Brown Harris Stevens. The least expensive home listed this week is a two-bedroom, one-bath co-op at 518 West 134th
    . The home is on the market for $237,500 with Realty Networking
    services. TRD

  • Marisa Noel Brown, daughter of Madoff-ruined Fairfield Greenwich Group founder Walter Noel, and
    her husband have put their townhouse at 12 East 78th Street on the
    market. The 7,800-square-foot home is listed with Stribling &
    Associates’ Patricia Farman-Farmaian for $12 million. Last month, the
    Observer reported that the couple’s broker was calling other agents
    saying the home was for sale for $11.5 million, but suggested that
    interested parties could bid even lower. The couple bought the home in
    January 2008 for $13.5 million.

  • Elizabeth Stribling and Ian Levine

    Stribling & Associates has formed a property management alliance
    with Spandrel Property Services, a property management firm and
    affiliate of developer RAL Companies & Affiliates, the firms
    announced this week. Spandrel will be able to solicit property management business from
    Stribling’s high-end brokers, said Ian Levine, Spandrel’s president,
    who is also COO and CFO of RAL. RAL developed One Brooklyn Bridge Park,
    for which Stribling is the exclusive sales and marketing broker. Elizabeth Stribling, Stribling’s founder and president, said since her company does not have a property management division this
    arrangement benefits her firm because her sales agents can better meet
    client needs. Stribling & Associates can refer clients who are looking for a
    property manager to Spandrel, Stribling said. Often, building board
    members ask for property manager recommendations, she said. … [more]

  • Most
    of the 190 units at One Hanson Place have sold, but the remaining units
    are now available for rent. On Stribling Marketing Associates’ Web site, 19 units are
    listed as rentals, with monthly rents ranging from $3,400 to $4,900.
    Three other units have been listed for-rent-by-owner since the
    fall. One Hanson Place was converted into a residential building in 2006 by
    Dermot Company and the Canyon-Johnson Urban Funds. … [more]

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