Boutique Commercial Space in Chelsea - ready for small business/retail tenant

Commercial Real Estate 156 west 20

Are you looking for the perfect location to start or expand your business? You want to consider this boutique space on West 20th Street. This boutique retail space is being ready for a new tenant in August 2013. Previous tenant retired after many many years. Tremendous visibility Great signage & display options Beautiful interior details This space is ideally situated in a prime location to create a foot hold for your business: Heavy foot traffic Easy access to transit & parking Densely populated & visited neighborhood

CLICK HERE TO EMAIL ME FOR DETAILS.....

Let there be light (or is it drawn shades for privacy?) along the High Line

The Real Deal reports the word "voyeuristic" popped up more than a few times in reviews describing the [High Line]'s coexistence with its architectural surroundings. 

Now, the flip side of the debate also appears...how to maintain privacy in a residence that sits at eye-level with a public park?  Do homeowner need to chose between light and privacy?  Will the proximity create a cachet like the maisonette on Park Avenue?  

Only time will tell....

Read the full article:  Privacy not on the amenities menu for some High Line residents | The Real Deal | New York Real Estate News

West 123rd Street

West 123rd Street, a set on Flickr.

A picture tour of the buildings of West 123rd Street.

Northern Manhattan Rentals - A Market Snapshot for June 2011

This month, The Real Deal featured an article on "Cheaper condos moving in Harlem; Uptown new development inventory is selling; albeit at lower prices."  First, a few facts on the Uptown condo market from the article (Q1 2011 as compared to Q1 2010):

• 55% more condo closings 
• Average sales price is up 5% 
• Average size is down 1%

Now, I started to wonder about the current rental market in Northern Manhattan as well.  I dug into OLR data for rental data.  Read after the jump to see what I found.

Dawn of a New Neighborhood?

This morning, the daily real estate alert from Crain's New York featured an interview with Stephen Ross.  The interview provides a few tantalizing tidbits about the future of Hudson Yards... 

Dawn over Hudson Yards

10:06 AM

(The New York Times) -- Related Cos. will likely announce signed deals for 3million square feet of office space at its huge Hudson Yards development on the west side by the end of the year, CEO Stephen Ross told the New York Times in an interview.

The High Line - Growing the Market West of 9th Avenue

Last week, I toured the just-opened section 2 of the High Line.  It got me thinking:  Where are real estate transactions happening around the High Line?


I looked through property records and plotted many recent transactions for buildings  on a google map.  See the map, and what I predict for upcoming real estate activity after the jump....

A Tour of The High Line Section 2

This week the much anticipated Section 2 of the High Line opened. On Friday, I had a chance to walk the length, enjoy the newest section of the promenade and see what is happening with the real estate in the area.  There is definitely more of an industrial feel to the westerly neighborhoods.  Up close, many of the buildings are so close it is them that offer a backdrop of activity to those on the High Line instead.  

Greenwich Village Homes Tour

Last week's neighborhood tour comes courtesy of the annual Greenwich Village Society for Historical Preservation Home Tour. I volunteered and my station was the Gambrel House at 55 Grove Street. Today, the building houses the owner's interior design firm and personal apartment.

Once, this space was a Cabaret Lounge first called "The Duplex" before it became "Rose's Turn." Before its turn in the cabaret scene, 55 Grove Street was 'originally constructed as a row of three in 1839.' The personal apartment of the designer, at the top floor of the building, was stunning come-to-life from the pages of any interior design magazine. Every detail was impeccably curated - from the end grain floors to the frame photo of Dash (the owner's dog) which hung in the stairwell.

There were another another six stops on the tour -

• 50 West 12th and 12 West 10th were those farther east (between Sixth and Fifth Ave).
• Toward the West Side Highway were 330 West 12th, 340 West 11th, and 179 Christopher.
• The tour rounded out with 62 Morton between Hudson and Seventh.

For anyone that likes to peek into world of real estate, this event provided a great way to have an insider's view of some wonderful properties in the Village.

Real State of Real Estate: Tenth Avenue Walking Tour

I've published another neighborhood walking tour, focused on west Chelsea.  I visited 6 different properties between west 24th street and west 17th street along Tenth Avenue.  Read more after the jump too...

Its High Time for the High Line...

In this weekend's NY Times Real Estate section, an article called "Message From a Stranger" states "85 percent of New Yorkers live in buildings erected before 1970, compared with 42 percent of Americans generally.  More remarkably, 39 percent of New Yorkers live in buildings predating 1930 and 17 percent in buildings predating 1920."  A great portrayal of the living and breathing fabric that is Manhattan!  

So, this week's neighborhood tour will focus on 10th Avenue from 16th to 24th Street.  In this stretch of western Manhattan, hip and history intertwine much like the High Line park weaves amongst the buildings.  Stay tuned for a video in the next few days!

In Search Of: Thompson Street

I desperately needed to walk off the Monkey Bread from Friday night.  What a better way to multi-task than to explore an area near the James Hotel on foot.  I recently worked the streets of SoHo for a rental client.  I remembered positive feel of Thompson Street, so that became my focus.


Thompson Street Fast Facts
*51 Rental Buildings
*18 co-ops
*4 condos
*3 single/multi-family houses
*2 mixed-use buildings

March 27, 2011 Chelsea Neighborhood Real Estate Tour now on YouTube

Well, I've gone and done it.  I finally started to video blog about my adventures in real estate just like I did on my road trip down Route 66 last year!  In this edition, I focus on Chelsea (to accompany my blog post this week.)  I'm sure the content and format will evolve over the coming month, but without further ado:


Neighborhood Real Estate Virtual Tours Volume #1,  Installment #1: Chelsea

Serious apartment envy...and in Battery Park City!

It was surprising but true.  I had apartment envy this week.  I was at the 3-bedroom corner apartment in the Visionaire overlooking Ellis Island and the Status of Liberty that was appointed to perfection, and I wanted to move right in.

I didn't expect it.   Each week, I preview homes and developments to remain educated on the market here in Manhattan.  Often, Metropolitan Residential Partners sponsors a broker tour of a development or a neighborhood as part of our regular sales meetings.  This week, we visited "The Visionaire" in Battery Park City.   It gave me a chance to head south from the West Village and see what one of the latest developments had to offer.

It was somewhere between a dreary rain and sleet.  I was not looking forward to what I thought was going to be a long, cold trek downtown.  So, I bundled up and headed to the 1/2/3 line.  Boy, am I glad that I did.

Read more about my impressions of the Visionaire after the jump

Lovely, Lovely Brooklyn Heights

This weekend, I spent Sunday afternoon viewing Brooklyn Heights with a client.  Now that I have lived in the West Village for some time, I really recognized a whole new set of similarities between the villages.  The cobblestone streets - and the gracious homes along Hicks are the parallel of the swooping bannisters and wide steps found along Charles Street.  The local storefronts sprinkled along Montague Street reminded me of the stores along Hudson between W 10th and W 12th.

The geography and connections are also similar:  The neighborhood is well connected via many of the same lines as West Village:  A/C/E and the 1/2/3 lines all stop in the neighborhood.  The waterfront is walkable from virtually every home - and there are many residents that have maintained roots in the neighborhood for many year.

For the similar feel, and connectivity, the neighborhood provides a strong alternative to the West Village buyer that prioritizes larger square footage properties.