Gea Elika's Blog, page 165
December 8, 2015
118 East 59th Street
Standing 38 stories tall, the breathtaking design of 118 East 59th Street is an incredible addition to the Manhattan skyline. The building has 29 incredibly luxurious homes in it, and is slated to be fully ready for occupancy in 2018.
Architecture
118 East 59th Street was designed by SCDA Architects. With their knack for finding unexpected ways to use form and sophisticated materiality, SCDA has built a reputation that spans the globe. What’s really exciting about the group’s global reputation is this building is one of their very first in New York City. The glass walls that make up 118 East 59th Street’s exterior are truly state of the art. Standing five hundred feet tall, the building has a beautiful silhouette that is crowned by a triplex penthouse.
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November 30, 2015
Hot Off the Plate: New York’s Most Popular Foodie Neighborhoods
No matter which NYC neighborhood you choose to live in, you’ll be within a stone’s throw of myriad dining choices. Though you’ll never go hungry in the Big Apple, when it comes to the city’s topnotch eateries, some neighborhoods offer tastier options than others.
If you regularly dream of Foie gras and filet mignon, consider buying an apartment in or near any of these areas of town. Undoubtedly, you’ll be surrounded by some of New York City’s most highly rated restaurants.
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November 16, 2015
The Sorting House
Located at 318 West 52nd Street, The Sorting House is a new condominium with a very unique story and design. The building stands a total of five stories tall, with thirty homes spread out over the top three stories.
History
Although The Sorting House is a new-construction condominium, it actually has a history that dates back to 1926. One of the features that makes this building a truly unique place to call home is the 3 stories of residences are constructed on top of a post office that was built all the way back in 1926. That heritage inspired the building’s name, as well as much of its design.
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November 9, 2015
212 Fifth Avenue
Thanks to a partnership that was led by Madison Equities, the landmark skyscraper 212 Fifth Avenue has been reborn as a 48 home residential masterpiece.
History
It’s hard to imagine that just 200 years ago, the landscape of Fifth Avenue was defined by wide dirt streets and cattle grazing. However, this area rapidly transformed into a location that was known around the world for its power and status. The Fifth Avenue Hotel, Madison Square Park and Delmonico’s are a few of the key sites that shaped this area.
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November 6, 2015
Demographics Favorable to New York City
During the 1970s and 1980s, New York City struggled under the weight of several glaring issues. It is hard to imagine, but the city was riddled with crime and other matters, causing people to flee for the safety of the suburbs. Crime rates spiked, particularly in the 1980s. For example, homicides peaked in 1990 with 2,245. Last year, there were 328, despite a growing population.
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November 5, 2015
221 West 77
Standing eighteen stories tall, 221 West 77 is an elegant boutique residence with a total of twenty-six homes. The building seamlessly blends classic and modern living, as well as providing all the conveniences of being located in the Upper West Side.
History
The design of 221 West 77 was conceived by Thomas Juul-Hansen to offer the absolute best in modern uptown living. This building strikes the perfect balance between old-world elegance and contemporary freshness.
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October 30, 2015
Living Close to These 6 Places Will Only Increase Property Value
Location. Location. Location. We all know that location is important no matter where you chose to live. But in New York City, buying real estate in the right neighborhood, on the right street, and in proximity to the essentials you’ll need for daily life might be more important than it would be in other cities. Here’s why.
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October 25, 2015
Is There an Adjustment in Your Future?
This may seem an odd time to consider an adjustable rate mortgage (ARM). After all, in a recent post, we discussed fixed rate mortgages are near all-time lows. Why not lock in the low rate? Overall, we agree with this philosophy, but there are a couple of reasons an ARM may be right choice currently and down the road.
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October 22, 2015
Learn Why You Need a Buyer Agent
Anyone buying a condo or co-op in New York City should have their own agent. One of the many advantages of having a buyer agent on your side is they negotiate the best price and terms for you. Not only is that a very compelling service, but it’s available to you at no cost.
Buyers Don’t Pay for An Agent
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October 21, 2015
How to Rob a Bank, a True Story
Those reading this article searching for tips on becoming the next John Dillinger, the infamous bank robber during the Great Depression in the 1930s, will no doubt be sorely disappointed. However, bear with us and stay tuned.
Locking in a fixed mortgage rate at today’s level may very well feel like you have robbed a bank when you look back a few years from now. At the very least, we think it will put a smile on your face when you look back at this time, which may very well prove to be the lowest rates in at least a generation.
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