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The Minute DC | NY:
Washington & New York on Your Doorstep |
| Andrea Saturno-Sanjana |
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| Capital to Capital. A Higher Standard. Bespoke Service. |
Licensed in DC | MD | VA | NY | (212) 888-0550 | (202) 696-0701 | andrea@realnydc.com
Visit me on the web!
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Prime Property | NY
Glorious in Greenpoint, Brooklyn | The Glass House Condominium
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This light-filled, loft-like, contemporary condominium in the heart of Greenpoint features a living area with adjoining private balcony, double-height, 17-foot ceiling and a floating staircase, which leads to an open den | home office.
The two bedrooms can each fit a queen-sized bed and feature California-style closets. The bathroom with tub sports stone tile and a wood vanity. The open-plan kitchen features stainless steel GE Monogram appliances, quartz countertops and white, high-gloss lacquer cabinets with ample storage space. Central air conditioning and hardwood floors throughout. The unit comes with a generous, private, 88-square-foot storage room.
The rooftop deck of The Glass House affords panoramic views of Brooklyn and the Manhattan skyline. An elevator, a well-equipped gym and private laundry for each unit add to the convenience for residents. The Glass House is a pet-friendly community.
Near G train (Greenpoint Avenue), B32 and B62 buses and East River Ferry (India Street). Crunch, NY Sports Club, Greenpoint YMCA, Esme, Glasserie, Lobster Joint, Troost, Sweetleaf, Propeller Coffee and other local amenities, shops and restaurants nearby.
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Investment | Brick Underground:
Five things to know before you buy an investment rental property out of state
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If you want to start investing in real estate but are on a budget, it can make perfect sense to take your search outside the city. Unsurprisingly, though, wading into an unfamiliar market-and a different state's legal technicalities-can be as jarring for a New York buyer as our city's peculiar market can be to newcomers.
A locally based attorney will also serve you well both during the deal and long after it's done. "Laws are different in different jurisdictions, and some have especially strong tenants' rights legislation," says Andrea Saturno-Sanjana of Citi Habitats. "Be aware of the regulations, for instance, if you decide to sell while the tenant is still in place. I think most times when people run into trouble, it's when they don't know the local rules or aren't aware of the timetable for communicating changes to the tenant."
Bottom line: In other states, "things are done very differently than what you might be used to in New York," says Saturno-Sanjana. You'll want a local guide to lead the way.
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My New Way Home | Washington, DC - Maryland - Virginia
Coldwell Banker Residential Brokerage | Dupont - Logan Circle Office
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Coldwell Banker® was founded in 1906 when Colbert Coldwell, a young real estate sales associate, observed families trying to piece their lives together following the disastrous San Francisco earthquake.
Disapproving of sales associates who acquired property from vulnerable sellers and then resold it at huge profits, and seeing a need for honest, knowledgeable real estate professionals, he formed his own company.
Coldwell Banker has entered its second century in real estate and
continues to offer clients a level of service and resources of which Colbert Coldwell and his partner Benjamin Banker would be proud.
It is that ethical and expert approach to real estate that has led me to affiliate with Coldwell Banker Residential Brokerage | Dupont - Logan Circle Office in Washington, DC, to better serve my clients in the Washington, DC, Metro area, including Maryland and Virginia.
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DC | 14th Street Historic District
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Bars, restaurants, galleries, boutiques, coffee shops, music venues, vintage stores: the 14th Street scene has an experience for everyone. Locals and visitors throng to this exceptional streetscape for its endless allure and ceaseless excitement.
Pitch-perfect Italian cuisine at Lupo Verde, chic antiques at Miss Pixie's Furnishings & Whatnot, proper coffee at Peregrine Espresso, and sublime gelato at Dolcezza are just some to the delights which await the flâneur.
Style-setting boutiques such as Shinola, Home Rule and Salt & Sundry share the neighborhood with Mid-19th Century Revival, Late Victorian and Modern homes.
Like the adjacent to the Greater U Street Historic District, the 14th Street Historic District can be found on the US National Register of Historic Places.
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Washington Market Summary for November 2016
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Manhattan Residential Sales Market Report November 2016
November marked significant improvements in the Manhattan condo market, but the co-op market lagged. Condo signed contracts were up 8% from last year and 9% from last month, but co-op sales dipped 9% versus November 2015. Average price-per-square-foot rose a modest 3% in the condo market but dipped nearly 20% in the co-op market. Listings, on average, spent more time on the market than this month last year, driven by annual inventory increases over the past few months. This rise in inventory contributed to increased negotiability favoring the buyer--in both the condo and co-op markets.
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Citi Habitats
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Brooklyn Residential Sales Market Report November 2016
November was a strong month for sales in Brooklyn compared to October. Contracts rose 12% month-over month, in contrast to the past five years' trend of sales activity declining in November versus October. Average and median sale price dipped versus last month and last year overall, and the market experienced annual price-per-square-foot declines as well. Contributing to lower prices were fewer sales in Williamsburg, as well as a lower market share of new development sales overall. 38% of sales were negotiated, compared to more than 40% last month and last year. Average days on market was 10% higher year-over-year but lower than last month.
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Citi Habitats
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Manhattan and Brooklyn Residential Rental Market Report November 2016
In November 2016, the average monthly rental price for a Manhattan studio was $2,383. For one-bedroom homes, the average was $3,055. For two-bedrooms, the average rent was $4,137. Finally, the average three-bedroom apartment rented for $5,224.
In comparison, Brooklyn studio apartments (in the 14 neighborhoods studied) rented for $2,362 per month on average. For Brooklyn one-bedrooms, the average rent was $2,783, while rents for two- and three-bedrooms clocked in at $3,656 and $5,041, respectively.
In November, Manhattan's vacancy rose to 2.11% from September's rate of 1.90%. Last month's vacancy rate is the highest we have seen for the borough since April 2009 (over 7 years ago). That month, 2.28% of apartments were vacant.
When examining concessions, 27% of rental transactions brokered by Citi Habitats offered a free month's rent and/or payment of the broker fee to entice new tenants in November - up slightly from 26% in October. Looking year-over-year however, their prevalence increased substantially. In November 2015, 13% of leases offered a move-in incentive.
"There remains a disconnect between what tenants can afford to pay, and what landlords believe tenants can afford to pay. Many people are simply at their breaking point. Building owners continue to lean on concessions to drive traffic, but these incentives have yet to lower the vacancy rate as anticipated. In addition, because the concession typically is only in effect for the terms of the initial lease, it's become a 'tale of two markets.' Those who can afford the apartment-incentive or not-are getting great discounts. However, if a client is on the fence financially, current offers are still giving them pause vs spurring them to act immediately. They are thinking not of the cost of year one when the incentive's in play--but year two, when it's off the field," --Gary Malin, President of Citi Habitats.
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Ice Rinks | Get Your Skates On...
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| Snoopy Skates at Rockefeller Center |
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NY| The Rink at Rockefeller Center
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The ice skating rink first opened on 25 December 1936 and remains popular with New York City residents and tourists alike.
Daily Sessions:
8:30am - 10:00am | 10:30am - 12:00pm | 12:30pm - 2:00pm | 2:30pm - 4:00pm | 4:30pm - 6:00pm | 6:30pm - 8:00pm | 8:30pm - 10:00pm | 10:30pm - Midnight
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DC | The Ice Rink at the National Gallery of Art Sculpture Garden
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Experience skating in the Sculpture Garden while surrounded by large-scale sculptures by contemporary artists including Louise Bourgeois, Sol LeWitt, Roy Lichtenstein, Roxy Paine, Tony Smith, and others.
Season: 18 November - 12 March
Hours: Monday-Thursday | 10:00am - 9:00pm
Friday | 10:00am - 11:00pm
Saturday | 11:00am - 11:00pm
Sunday | 11:00am - 9:00pm
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| I would personally like to thank you for taking the time to view this email. If you're thinking of buying or selling, you need an agent who knows my hometown of Washington and my adopted home of New York like no one else. I'm that agent. It would be my pleasure to assist you with all of your real estate needs.
I pride myself on cutting through the hassles of buying or selling and providing my clients with exceptional customer service. Let me earn your business.
Andrea
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