News:
Brokerage
Posted: October 25, 2022
The InHouse Group completes sales at two boutique condo developments
Brooklyn, NY The InHouse Group has concluded sales at two boutique condominiums; 66 Steuben St. in Clinton Hill and 394 Kosciuszko St. in Bed-Stuy are now 100% sold.
“Following COVID, buyer’s demands shifted significantly as their needs changed dramatically. We worked closely with the developers of both 66 Steuben and 394 Kosciuszko to create homes that spoke to the market, putting an emphasis on modern design with a retro twist, abundant outdoor space, smart technologies and open floor plans,” said Robert Earl, co-founder of The InHouse Group.
66 Steuben is a five-story, six-residence condominium with units ranging in size from 647 to 954 s/f. Prices for the new residences started at $779,000; sales first began in November 2021.
394 Kosciuszko features a mix of floorplans, including a one-bedroom garden-style duplex; two floor-through two-bedroom homes; and two, two-bedroom triplex penthouses. Residences at the new ground-up development range from 734 to 1,537 s/f. Prices for the condos started at $949,500; sales started in September 2021.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
