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Volume 16: Issue 11 | Nov 2016
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F
rom design and development, to urban planning and functioning art, this month's focus is on the new micro-city being built on the west side - namely
Hudson Yards. This mega development, Hudson Yards, is transforming the skyline day by day, as well as property values in neighborhoods including Hell's Kitchen and Chelsea. Also featured; a newly listed west side gem, Trumps penthouse mansion and an update on the Highline; now connecting the West Village with the Hudson Yards.
They say, the only thing in life is change! Well, the west side isn't the only thing changing in NYC. Announcement of NYC's very own real estate mogul, Donald Trump being elected, leaves many New Yorkers curious as to how the Don will be adjusting to his new home - The White House. The Real Deal Magazine, uncovers the estimated value of Trump's new home, as he embarks on the presidential journey to our countries most historic residence.
Read on, and don't forget to follow @JeffNolanNYC on Twitter and Facebook for Neighborhood Updates, Market Insights, and Property Previews. Safe travels to all during the upcoming holiday season. Happy Thanksgiving!
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Reinventing Public Spaces
A park in the sky. Leave it to NYC to harbor such a spectacular re-embodiment of old elevated subway tracks on the Westside. From outdoor concerts, to public displays of interactive art, one third of the Highline Park will sprawl into Hudson Yards as its final phase comes to life. With over four million visitors annually, it has already stimulated $5 billion in new development along its path helping Chelsea evolve into one of the city's hippest neighborhoods.
What's Happening
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New Work "Spaces"
The Changing Office Concept
Office space in NYC is often drab, but entrepreneurs like Primary co-founder Lisa Skye Hain are changing the co-working experience by surrounding tenants with health-conscious and mid-career business professionals. This revolutionary environment developed by Primary, and similar to competitors has been changing the risk factor of office space, making it more interactive for tenants and financially rewarding for property management.
More Details
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Seat of Power
Zillow's Estimated Value
Of course 1600 Pennsylvania Avenue isn't on the market, but if it were, Movoto.com estimates the White House would sell for a cool $110 million, at the least. And in the spirit of the thought experiment, the site also calculated how much the President of the United States' abode would cost in other large metropolitan areas. Click the link for
Zillow's Estimate
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Trump's Penthouse
Inside His Manhattan Mansion
Located at the Trump Tower in Manhattan, Donald and Melania Trump live on the top three floors of this grand penthouse with breathtaking views of Central Park and Manhattan. Decorated in 24K gold and marble, was designed by Angelo Donghia in Louis XIV style, is stunning penthouse apartment; the epitome of elegance.
View Property Here
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Hudson Yards
The largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller.
A microcosm an new neighborhood being built right under our noses. Hudson yards is a remarkable testament to NYC's powerful developments. A reclaimed train railyard turning into a microcosm of living, shopping, and modernized cityscapes thanks to the designs of Kohn Pedersen Fox Associates (KPF).
Explore Hudson Yards
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Featured Property
#344W23 - Chelsea Condo
Quoted by USA TODAY as, "a diverse and dynamic community that has become one of the most desired places to live in the city" Chelsea is a neighborhood with charm and community. The Cheyney is a boutique building within walking distance of the Highline Park. A 2 Bed 2 Bath invoking much interest.
The bathrooms and kitchen require updating, so bring your contractor to this open canvas in one of Manhattan's premier locations.
View Property Here
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Jeff Nolan
Licensed Associate RE Broker
Multi-Million Dollar Club Since 2011
Top 1% of 45,000 NRT Associates
Corcoran Group Real Estate
Union Square Office
30 Irving Place, 5th Floor, NY 10003
Cell Phone - 212.260.0562
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CURRENT LISTINGS
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Active
344 West 23rd Street, 6A
333 East 109th Street, PHE
136 Amity Street, 1
364 Myrtle Avenue, 4
In Contract
130 Hicks Street, 4
517 73rd Street, 1
237 Eldridge Street, 4
269 West 72nd Street, 4A
351 East 77th Street, 5B
1082 Dean Street, 4
125 N 10th Street, S3I
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Conforming 30 yr fixed: 3.62%
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Conforming 10/1 ARM:
3.37
%
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Conforming 7/1 ARM: 3.00
%
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Non-Conforming 30-yr fixed: 3.62%
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Non-Conforming 10/1 ARM : 3.37%
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Non-Conforming 7/1 ARM: 3.00%
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Please contact us for Private Mortgage Banker recommendations in NYC.
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Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Avenue, NY, NY 10065. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire an architect.
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