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
Williams Equities leases 100,000 s/f at 470 Park Avenue South
Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago.
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
