Halstead exec signs nine deals in nine weeks

TRD New York /
Jul.July 17, 2009 03:53 PM

While Halstead Property’s second-quarter market report showed a startling 53 percent decrease in sales from the same time last year, Jill Sloane, an executive vice president at Halstead, says she has seen a significant uptick in activity.

She recently negotiated eight sales and one rental deal in Manhattan during a nine-week period ending early this month. Five of the sales are on the Upper West Side and range in price from $1.3 to $1.9 million; three units are in Harlem with prices in the $500,000 range. The rental unit is also in Harlem and is going for $6,500 a month.

“I’ve been working seven days a week, but I only deal with serious buyers that are finding these properties to be an absolute opportunity,” Sloane said. She said buyers are taking advantage of the low interest rates in the $500,000 price range and savings of at least 20 percent in the pricier range.

“If you’re out there working, people are out there willing to buy,” Sloane said.


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