I have been in the real estate industry first as a licensed agent and as a broker since 1999. I have sold in every Manhattan neighborhood though do work a lot on the Upper west side where I live and upper Manhattan. I speak French,Portuguese, and Spanish.
A joint venture between a church and developer will be yielding a 15 unit condo on the corner of West 107th street and Columbus avenue. The church will be on the ground floor and the condos above will range from $885k for a 1 bedroom to $2.75 million for a penthouse. Douglas Elliman will be handling the sales of the condo units which will begin shortly.
With the 2nd avenue subway about to (hopefully) open it’s doors this December after only about 100 years in the making,it has already transformed the neighborhood of Yorkville. The first phase will extend the subway up to 96th street. As a result, there are several condo projects in the works including several luxury developments hoping to lure buyers who would not have gone East of Park avenue in the past. Retail is also beginning to follow as this influx is creating demand for additional services according to NYPost.
The new 2nd avenue subway will decrease congestion on the Lexington avenue line according to the story by a little more than 10%.
In Riverside Park, on Manhattan’s Upper west side, The Halloween children’s parade took place at about 3:30pm today with many participants. The children marched from the Soldiers and Sailors monument on west 89th street down to the Hippo Playground. The Parks dept provided donuts and there was live music as well.
This photo was taken this week as a banner has gone up advertising the Park Pleasant Deli coming soon to the north west corner of West 100th street and Central Park west. This is one of only two retail locations on Central Park west below 101st street. Formerly, a dry cleaners, the space has been subdivided and the deli will take up the corner location and the other space appears to be still available for lease.
A single family townhouse at 189 Edgecombe avenue will be coming to the market later this week. It features 4 bedrooms/ 2 bathrooms on the top two floors plus a parlor floor with living room and dining room/den. The yard is accessed from the kitchen. It is located within walking distance of the A,B,C and D train on West 145th street. It can be renovated or lived in as is depending on the buyer and budget. The price will be under $2 million which is rare for a property that is intact and not an SRO.
Pictures and floor plan later this week and first open house Sunday 12:30pm -2pm.
The condominium known as Brownstone Lane I and II is located on West 118th street, West 119th street and West 120th street between Frederick Douglass boulevard and Morningside avenue adjacent to Harlem’s Restaurant Row and a short walk to Morningside Park. In addition, with the express subway at 125th street it’s easy commute to Midtown. But why are so few apartments for sale? Currently there aren’t any apartments for sale and only 3 for rent. There can be several reasons for this.
Price is very attractive at around $1200 per sqft. Recently, a 3bd/2ba 1419 sqft apartment transacted at $1,740,000 and was in the market for less than 2 months before it went to contract. Brownstone Lane I does not allow subletting so that may explain the less transitory nature of the buildings. With the neighborhood amenities plus the architectural aesthetic of the Brownstone facades which fit well in the neighborhood, it is not surprising that some buyers may eschew the fancier glass buildings on FDB in favor of the more traditional look and feel of this complex. Also, the common courtyards give children and families a chance to get to know their neighbors.
Since the buildings are tax abated until 2033, that may also explain a lack of willing sellers. Upgrading to a larger apartment is difficult when you have a nice amenity package, convenient location and very low monthly charges.
Brownstone Lane I on the left on West 119th street where there aren’t any apartments for sale currently. Prices are around $1200 per sqft and the complex is tax abated until 2033.
Take a look at DNAInfo’s guide to Halloween on the Upper West side in the below link. Tricking or treating at the Museum of Natural History sounds like a good one. Personally, I like to make the trip downtown to see the Village’s Halloween Day Parade.
As we get deeper into the Fall season, more and more of Autumn’s colors are on display in Central Park. On Manhattan’s upper west side at west 100th street there is a “lake” aka the pool which is ideal place to view the colorful show that was once described as fireworks in slow motion. Here is an appetizer of what is to come.
One of the few areas of Central Park that has not seen restoration in the last 30 years will be received a $5 million face lift thanks to the Central Park Conservancy. The Meadow area which is mostly dirt on the way to the Reservoir near the 86th street entrance will get some new grass and sidewalk improvements as well to make the area around and to the Reservoir more accessible to people with disabilities.
News about the NYC real estate residential and commercial markets provided and interpreted by an industry veteran licensed since 1999. Brian Silvestry of BSRG Inc. Licensed real estate broker