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Average Cost for Luxury Highrise Manhattan Apartments in 2017

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One57 Luxury Highrise Manhattan Apartments, Home of the $100 million duplex penthouse Regardless of the controversy over President Trump, in his first six months in the Oval Office, he has kept his promise to create jobs for Americans and Wall Street has seen the US dollar strengthen.

This new strength in the dollar has been reflected in the real estate market with an increase in overall home sales nationwide. Take New York City for instance – the ultra-premium over $10 million apartment market in 2016 saw a 5% sales decrease, but the smaller and less pricey premium condos in New York — especially those downtown — go fast and are in short supply. About half of the Manhattan luxury condos were sold solely from new development floor plans. Note – One57, in Midtown Manhattan, still holds the record for the most expensive apartment sale in New York City. Their duplex penthouse sold for over $100 million.

The main driver of all this, in most markets, is jobs. As long as companies are creating jobs in an area, people with good jobs will buy up the available supply of properties. That impacts everything from commercial real estate to apartments to houses and more.

With New York’s heavy international presence from the United Nations to world embassies and multinational companies, more jobs are being created. The real estate market is on its way up after the ‘slump’ that started last spring and lasted until President Trump took office. The sales bump is partially attributed to the strong stock market and the optimism about financial deregulation expected from the current U.S. administration.

So what do you do if you live and work in New York City but don’t have at least $2 million in your back pocket to purchase a home? You rent. You rent an apartment just like the majority of New Yorkers do in Manhattan. Where’s the best place to live? Midtown West Manhattan of course. Everybody wants a Westside address. And you can have one at VIA 57 West in Midtown West Manhattan at 625 West 57th Street. VIA 57 West it’s known as the Pyramid of Manhattan and you can’t miss it on the waterfront.

VIA 57 West offers luxury high-rise Manhattan apartments in an eco-friendly and pet-friendly environment. Each aspect of VIA 57 West’s design has been thoughtfully planned to save water, reduce energy needs and promote the wellness for its residents. To coordinate a tour of VIA 57 West, check availability or just gather some more information, check out their website at – https://www.via57west.com/.

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Schools Benefit from Local Developer Programs

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Developers of projects in the United States often create programs to help neighborhoods or schools in the area to give back to the community in which they are developing. In New York, a prime example of this is how schools will be benefiting from programs established by the Walentas Family Foundation, created by Two Trees Management. The group will be providing $250,000 to schools this summer within District 13 of Brooklyn.

When searching for apartments in Brooklyn Heights, you are helping to support this cause. Two Trees is responsible for the area, as an owner and manager of over 2,000 apartments in this District as well as District 14, which will benefit from the programs via local schools. The group is particularly focused on transforming the neighborhood of Dumbo where you can also extend your apartment search. Dumbo Brooklyn apartments are up and coming, offering quality residences in the area in which Two Trees is placing their focus.

Principal of Two Trees Management Company, Jed Walentas, stated that the Neighborhood School Grants program was created on the belief that the community plays an important role in the success of schools. For neighborhoods to thrive, a vibrant and successful school system must exist. Individual grants from the company can go as high as $25,000 each with multiple schools receiving assistance.

Since launching in 2013, the Walentas Foundation has been able to provide $1.25 million to the city of Brooklyn. Children have been able to benefit within the past few years and will only continue to receive more assistance for their education in the future due to this program. As you look for apartments in Dumbo Brooklyn, search for Two Trees properties, as you will have a hand in giving back to the local community when you do business with this company.

 

Gramercy Park New York City Uncategorized

2 Bedroom Apartments Gramercy Park Are a Perfect Place for a Family

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2-Bedroom-Apartments-Gramercy-Park
Living in New York, and raising a family, is not easy.  Although, it is quite possibly the best opportunity for your kids to grow up appreciating different cultures.  If you are looking for 2 bedroom apartments Gramercy Park, you should definitely take a tour at 7W21.

This is a brand new luxury building at 7 West 21st Street, just 3 blocks from Madison Square Park.  At 7W21, they have all the things to make your life easier.   A video game room and a separate playroom for the kids, a game room for the “older kids” with foosball and a pool table, If you are an animal lover, you are allowed to bring them with you, but you’ll need to check the pet policy for specifics on sizes and breeds.

The 2 bedroom apartments are quite roomy, and most of them have a walk-in closet in the master bedroom.  If you have a child, obviously, he or she gets their own room, but if you have 2 kids, (both the same gender) then they would have to share a room.  There are several family situations requiring you to have more space.  For example, you have 2 or more kids, you have an elderly parent, or you need a nanny, 7W21 could still be the right place for you as they have a few they only have a few 3 bedroom apartments to choose from.  If you want to try for a 3 bedroom you will have to act fast.  They go rather quickly.

The nice thing about the complex is the location.  Just a few blocks from Madison Square Park, you can take the kids to play in the playground, and also let your dog off-leash in the dog run.  Also, the National Museum of Math is just on the North side of Madison Square Park.  A little farther away, but still within walking distance is Union Square Park.  If you get into one of the 7W21 2 bedroom apartments, Union Square Park has a green market as an alternative to going to the grocery store.  Gramercy Park is about 1/2 mile to the Southeast if you want to take a romantic walk over to check out the garden.

This is just a short list of reasons families choose to live in 2 bedroom apartments Madison Square Park.

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Top 5 property management companies in NYC

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Hundreds are the property management companies we can find in the United States but here we are going to make a selection of the top 5 most renowned.

First let s start by explaining what a property management company is:

It is the operation, control and oversight of Real Estate. It involves the processes, systems and manpower required to manage the life cycle of all acquired property including its acquisition, control and accountability as well as responsibility maintenance, utilization and disposition. In other words a property management NYC Company encompasses everything referring to a property.

So as we said before we are now going to review the top 5 property management New York City agencies which are the following:

  1. xl-rpm.com

Located at 555 Madison Avenue XL Real Property Management assists property owners with their Manhattan apartment management needs serving not only local but foreign investors.

It counts with an executive team where Dylan Pichulik is its chief executive officer and Adam Eyal its Chief financial officer, among other excellent professionals.

No matter how many properties you own, XL will always assist you with excellence and professionalism.

 

  1. fsresidential.com/new-york/home

FirstService Residential had existed for nearly 30 years and its dedicated team of local professionals offer its clients the most professional and personalized solution according to their needs.

FirstService Residential offers:

Advanced product expertise and innovative services, technology products in order to facilitate communication, training and education programs for associates and board members and a true commitment to deliver outstanding customer service.

 

  1. kaufmanorganization.com

The Kaufman organization is one of the most and renowned.

In 1910 it begins when Samuel Kaufman purchase 45E. Broadway to house his growing garment business and in 2000 Kaufman New Ventures I formed and the company continues another period of expansion utilizing vat knowledge of economic opportunities to reposition under-valued commercial properties.

The company continued growing and nowadays it serves its clients with total professionalism helping assisting them in all issues related to properties.

 

  1. remny.com

R.E.M counts with an executive team bright spirited and professional. They are constantly assisting to seminars and preparing themselves to offer their clients the best service ever.

Its founder and President Rick Elezi and his wife Shpresa Elezi Director of tenant relations had created this successful company and consider their staff, tenants and clients as part of their family.

 

  1. veritasmanagement.com

Located at 68th Street and Broadway Veritas Property had dedicated 40 years in property management.

It has a proven formula for cooperative and condominium excellence counting with a dedicated team of on-sight professionals who assist its clients with the most efficient and professional advices.

Its risk control procedures give their clients the confidence they need to trust this renowned company which has proved to be a success.

 

Hope this post was useful for you and that you can choose the property management company that suites you most.

Put your properties in hands of those who really know!

 

 

 

 

 

 

 

 

 

 

 

 

 

Manhattan Midtown West Uncategorized

Apartments in Midtown West NYC make the difference.

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Apartments in Midtown West NYC
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NYC apartments in Midtown West are amazing. Each one of them have their own style and offer its residents a unique way of living.

Lately something huge is happening in Midtown West.  A project that will leave one more than speechless, a superb construction that will change New York´s architecture for good.

Hudson Yards is coming soon, and promises to be as outstanding as most of New York´s buildings, which are considered to be the most amazing in the world.

This 52-story tower 10 building opened this spring and Hudson Yards is finally taking shape.

It´s unbelievable how much Midtown West has grown over the past years, a location that for decades was lined with parking lots and horse stables.

Fortunately, developers had bet in apartments Midtown NYC, and little by little, it´s turning into an awesome advanced neighborhood.

Over half a dozen apartment buildings including a condo, are rising across the Far West side.  Alo, several rental towers, office buildings and hotels have been emerging in the area.

The first residential building to go up in this development is a creation of some designers who worked on the High Line Park and will offer 391 apartments across 67 stories.

These apartments will feature one to four bedrooms, including duplexes and penthouses with 270 degree-views with curved windows.

The complete mega project is not scheduled to be finished until 2024.  When complete, it will offer 14 acres of open space, a one-million SQFT. Mall with 16 restaurants and an art center that will connect with 15 Hudson Yards.

Even though Hudson Yards may be pricey for the West Side, it is still lower than those on Billionaire´s Row in Midtown, where you can find apartments for more than $6000 per SQFT.

The greatest changes might be to the skyline.  64 buildings were built or are under construction, and the recent projects are about 10700 buildings out of an expected 20,000, giving Midtown West a newly renovated architecture style.

 

 

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