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News & Views
MANHATTAN | JUNE 2023
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Hello Friends and Family, 📢 Big News Announcement! 🎉🌟 I am thrilled to share that I have joined the renowned Danielle Lenois Team at The Corcoran Group! 🏢✨ It is with great excitement and pride that I embark on this new chapter in my real estate journey. By teaming up with Danielle, I am confident that I will be able to provide an even higher level of service, expertise, and support to my valued clients. With Corcoran's unmatched reputation and commitment to excellence, I am honored to be part of such a distinguished group of professionals. As we approach the summer season, the real estate market in New York City is continuously evolving, bringing forth exciting opportunities. I wanted to share some important updates with you: 1. Market Volatility: Recent developments, such as an agreement reached with the debt ceiling and a strong jobs report in May, have caused volatility in interest rates. While demand may currently be stagnant, it's crucial to remember that the real profit is made when you purchase a property, not when you sell. As interest rates stabilize or potentially decrease, buyers will soon find themselves in a competitive market. 2. Hot Rental Market: Looking ahead, the rental market in New York City is expected to be vibrant this year. Unlike the drastic rent hikes experienced during the pandemic, rental increases are stabilizing and returning to normal levels now that the pandemic is gradually coming to an end. This presents a favorable environment for both tenants and landlords. 3. Long-Term Investment Potential: Despite potential challenges that may arise due to external economic conditions, the city's resilience makes it a great long-term investment. New York City has consistently demonstrated its ability to rebound and adapt, making it an attractive choice for real estate investors who seek stability and growth. As your trusted real estate broker, I am here to assist you in navigating this ever-changing market. If you have any questions or if there's anything specific, you'd like to discuss, please don't hesitate to reach out to me. Wishing you a wonderful summer ahead filled with exciting real estate prospects! Miguel Romero |
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On the market
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363 Greenwich Street, 2C
Welcome home to your historic and voluminous Tribeca loft. Bring your architect for the opportunity of a lifetime to create your dream home. As you enter the loft, you are greeted by the expansive open floor plan that boasts soaring 12' high ceilings, exposed brick walls, and large windows that face west. At 2,000 sq. feet, this 1 floor walk up raw diamond is the perfect canvas for someone looking to create a unique and personalized living space. Located in prime northwest Tribeca, it features 400 square feet of private outdoor living. The outdoor back patio is a lush oasis featuring endless amount of greenery. Perfect for entertaining guests, hosting dinner parties, and lounging.
Nestled in the heart of TriBeCa, this home boasts easy access to transportation, the Hudson River waterfront and unlimited dining and shopping options. Standing outside of 363 Greenwich Street, the view provides a rare contrast of old and new. The building sits between Franklin and Harrison Streets, which feature beautiful cobblestone and classic cast iron facades. Yet, a glance down Greenwich Street also provides breathtaking views of the Freedom Tower and downtown Manhattan. Critically acclaimed culinary staples such as Locanda Verde, Sarabeth's, TriBeCa Grill, Wolfgang's Steakhouse, and American Cut are just a few of the dining options within blocks of this home. The Park at Pier 25, SoulCycle, Equinox, The Brandy Library and the TriBeCa Film Center also round out entertainment, fitness and cultural centers that are within steps of 363 Greenwich Street.
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61 Jane Street, 5A
Welcome home to your pin-drop quiet 1-bedroom with charming tree-lined views of West Village townhouses. You will be wowed by the sunlight that floods the living room with the large West facing window. This lofty, designer space features an expansive living area and bedroom with custom closets throughout.
Located on a tree lined cobblestone street, The Cezanne boasts a gorgeous landscaped rooftop deck with epic 360-degree panoramic views, live-in super, 24-hour doorman attended lobby, laundry room, storage room, bike room and parking garage. The board considers co-purchasing, guarantors, gifting, pied-a-terre's, and subletting. Pets are welcome.
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360 East 89th Street, 5A
Welcome home to Unit 5A at 360 East 89th Street. A smoked walnut entry door and white oak foyer welcome you to this luxurious residence featuring one bedroom, one bath, a powder room and a study alcove. Designed by SHoP Architects and larger than most two bedroom apartments, this 1,099 SF home features white oak floors and floor-to-ceiling windows offering treeline views and soft, ambient light. The custom kitchen designed by Clodagh for Citizen360 features smoked walnut cabinetry, Persian White Pulido Porcelanosa slab countertops and backsplash and an island with a waterfall edge. Appliances include a stainless steel Bertazzoni range, a Liebherr refrigerator, and a Bosch dishwasher. The unique powder room features Porcelanosa tile flooring and walls with Sense by Clodagh 27 fixtures. Baetig Azul limestone flooring and Saint Louis limestone walls with a custom stone and teak vanity offer spa-like tranquility in the three-fixture master bathroom. Recessed medicine cabinets with lighting, Zuma soaking tub/shower combination with Sense by Clodagh 27 fixtures complete this serene retreat. Additional features include: washer/dryer, year-round zoned temperature control via central heating and cooling system.
Amenities include a 24 hour attended lobby, a fitness center, a residents' lounge, a music room, a screening room, a playroom, and bicycle storage. This one will not last!
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New Season, New Updates
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Corcoran Celebrates 50 Years in Real Estate
The #1 brokerage in its original market, Corcoran has in five decades seen its name reach beyond New York City, to the Hamptons, the Palm Beaches, Miami, and, with the auspicious 2020 debut of its affiliate network, to destinations across the United States, throughout the Caribbean, and beyond.
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The Want List: Six Affordably Aesthetic Grills
These well-priced outdoor cooking machines pack fire in every sense of the word. Not only do these six solid options balance good looks and serious performance, but you can get them all for under a grand.
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Smart Air Conditioners Perfect for Summer
Summer officially starts this month and that means it's time to crank up the AC. Mansion Global has shared a list of the best and latest smart air conditioners. From app controlled central air to window units, this list will have you cooled down, and even saving money in no time.
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Happening Around the Boroughs
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Concerts in the Parks
The New York Philharmonic Concerts in the Parks is officially returning on June 13th! This weeklong event will feature a free outdoor concert in each borough, ending with an indoor concert in Staten Island on the 18th. Having taken place since 1965, this iconic summer night enjoying classical music and a firework show shouldn't be missed. Check out the link below for event details.
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Tribeca Film Festival
Make your way to one of many movie theaters (or stream from the comfort of your home!) during the month of June to celebrate the annual Tribeca Film Festival. Across all five boroughs, view independent films made around the world and immerse yourself with in-person experiences. For tickets and the full festival lineup, check out the link below.
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Glamping on Governors Island
Your next escape from the city may not be as far away as you think. Just an 8-minute ferry ride away, the Collective Governors Island returns this summer with 173 acres of sprawling greenspace. This unique experience includes luxury indoor/outdoor accommodations, along with 5-star dining options and countless activities to choose from. Plan your visit at the link below!
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Best Boat Bars in New York City
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Now that the warm weather is finally sticking around, instead of frolicking around Central Park like most New Yorkers, try making your way down to one of the many boat bars on NYC's waterfronts. From Tribeca to Brooklyn Heights to West Harlem, you will find a handful of boats and barges dishing out some of the finest cocktails and food. Check out our list below!
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Real estate agents affiliated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. The Corcoran Group is a licensed real estate broker located at 590 Madison Ave, NY, NY 10022. All information herein is intended for information purposes only and has been compiled from sources deemed reliable, but Corcoran makes not warranty or representation as to the accuracy thereof. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. Equal Housing Opportunity. ©2023 The Corcoran Group. All Rights Reserved.
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