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The 10-room apartment at the San Remo has some updates, but it retains many original details.

The 10-room apartment at the San Remo has some updates, but it retains many original details.

Big Ticket is a new feature with the Big Deal column that will list one of the priciest sales of the previous week.

Trading hands for the first time since the 1950s, a 10-room co-op at the San Remo was the highest sale of the week, according to transactions posted on Streeteasy.com.

The three-bedroom three-and-a-half-bath apartment retains the original bathrooms and kitchen — with St. Charles steel-and-glass cabinets — installed in 1930, when the San Remo, designed by Emery Roth, was built. The kitchen and pantry lead to a “servants’ hall and three maids’ rooms waiting for your touch,” according to the listing.

Full Story here:   http://cityroom.blogs.nytimes.com/2011/05/13/big-ticket-sold-for-14-million/?ref=realestate

Rent Guidelines Board Approves Preliminary Range Of Rent Hikes

Market takes its toll on NYC trophy rents.: An article from: Real Estate Weeklyhttp://brooklyn.ny1.com/content/top_stories/138423/rent-guidelines-board-approves-preliminary-range-of-rent-hikes

SPRING 3BDRM DEALS!! | New York | eBay Classifieds (Kijiji) | 10967661

SPRING 3BDRM DEALS!! New York eBay Classifieds (Kijiji) 10967661

Atlantic Yard's Saga continues...

After all of that fighting, the never ending Atlantic Yards project could now end up just being a nondescript stadium and acres of parking. The project's developer, Forest City Ratner, filed documents with the SEC last week that warn of "further delays" to the non-stadium portions of the project that could lead to the scrapping of most or all of the rest of the 22-acre, $4.9 billion project. But hey, at least the city got rid of all that urban blight!




Basically the same cash flow issues (rising construction costs, rising financing rates, inability to meet government deadlines, trouble with sponsorships) that have caused Ratner to start looking into prefab construction may in the end entirely kill the project. Here is how the company's filing describes the situation if any any of those problems get worse:

Read Full Story Here:  http://gothamist.com/2011/04/04/worst_case_atlantic_yards_could_jus.php

Robust market lifting apartment rents

Effective rents in Manhattan jump 7.4% in first quarter as landlords ease back on concessions and vacancies evaporate; market tilts in favor of owners.

The Manhattan residential rental market remained strong during the first quarter of this year with rents rising and vacancy rates falling, according to two industry reports released Thursday.

Tenants paid more rent in the quarter than they did the same period last year, according to a report by Prudential Douglas Elliman and Miller Samuel Inc. Median net effective rent, which includes landlord concessions, rose 7.4% to $2,808, while average net effective rent rose 3.9% to $3,342. Considering the net effective rent on a per-square-foot basis, the increases were far more dramatic, soaring 20.3% to $47.62.






Read full story here:

http://www.crainsnewyork.com/article/20110407/REAL_ESTATE/110409915

NOW AVAILABLE - SHOWING SATURDAY 4/2 1-2PM

http://www.postlets.com/rts/5276130

*Flexible lease terms* FULLY FURNISHED 1 BDRM CONDO

Go Green!

Green Fort Greene & Clinton Hill, together with the FAB Business Alliance, will give out Free Trees — March 26,
10a.m. to 12 noon, Putnam Triangle at Grand Ave. and Fulton St.
First come, first served ‘til they run out. Smaller flowering
species for planting on private property (not street tree pits.
For more information contact: tree@greenfgch.org
Rain date March 27.