Town Residential Provides Excellent Services to NYC Market

The real estate market in New York City is one of the fastest moving and competitive real estate markets in the world. Those that are looking to purchase a new property will find that they are competing with many different buyers, which include other residents of the city, foreign investors, corporations looking to buy corporate property, and a wide range of other entities. Those that are looking to purchase a new property in New York City should consider working with Town Residential, who is one of the leading real estate firms in the city.

Town Residential was initially formed less than ten years ago, but has quickly grown to become one of the top firms in the country. Town Residential can provide a homebuyer with a number of different services. The primary advantage of working with Town Residential is that you will have access to the best market data and industry news that is available. Town Residential is well known for providing people with valuable market insight about tends in each area of the city, new projects are coming online, and even keys on how you could get a better deal on the purchase. This information will allow you to gain access to properties that you would otherwise not know of and also to save a considerable amount of money.

Once you have found a place to purchase, Town Residential can also provide services to ensure the process goes smoothly. They will act on your behalf to find all third-party service providers, legal support, and negotiation advice. This will greatly reduce the amount of stress that comes with buying a home in the city.

Beyond providing great services to buyers, the company can also help real estate developers and investment property owners. Town Residential provides highly effective real estate consulting, brokerage, and sales services. They can help any property owner or developer to make a more informed decision about where to purchase and develop and ensure that once the property is in development, the units are sold quickly and at the highest possible price.

While Town Residential has historically focused on providing sales and leasing services to the New York City residential real estate market, the company has expanded over the past few years. The company now provides a number of services to commercial real estate owners as well. This can include leasing services, management services, and even sales of commercial units. Due to their success in New York, the company has also expanded outside of the city. They now offer very similar services out of their office in Miami, Florida and are looking to expand into other markets as well.

O’Neal and Boraie’s Jaw-dropping Point-setter Apartments

 

It seems that New Brunswick, New Jersey is center court these days for urban renewal. More than one real estate development company is putting bids on property for landscape revitalization. What is new however is the money ball that is bouncing is from Shaquille O’Neal. The retired basketball player is partnering with property management mogul Wasseem Boraie for a slam-dunk loan to cover a $61 million apartment venture. Originally they were approved for $30 million by the Casino Redevelopment Authority. So can the basketball star be a good landlord, as he was a jock? Who knows? The Casino Redevelopment Authority is anticipating enlarging the loan expiration date to allow its members to consider the idea. The unlikely duo wants to build The Beach at South Inlet, in the neighborhood Revel. In the area, The Revel and Showboat didn’t float and “The Donald” Taj Mahal hiccupped a few times making real estate redevelopment a risk for bankers. This area is a tattered, sort of empty north segment of the city, but is one of O’Neal’s old stomping-ground. It is imaginable this area has sentimental value to Shaquille O’Neal. Since his family did everything they could to guide him toward advantages rather than succumb to lack, as a result he prospered. Correspondingly, Shaquille wants the old neighborhood to flourish like he did, so he is using his celebrity status to move the urban renewal process along. O’Neal admits his main concentration will be on downtown New Jersey.

Not to be overshadow, Shaq’s partner Wasseem Boraie is the developer who has power of his own to make a multi-million dollar venture take shape. Wasseem Boraie has expertise in all facets of urban real estate markets and management. His company Boraie Development LLC is one of New Brunswick’s top firms. Foundered about thirty years ago, Wasseem Boraie’s company has been steadfast and profitable. The company’s motto reflects a pride in being the best and providing superior service. This company’s yearly revenues are in the ballpark around $15 million, and of course it deals with Industrial Building Construction. So Boraie tells everybody to warm-up and get going, he is ready to build. Grapping financial backing from the New Jersey Housing and Mortgage Finance Agency, Wasseem Boraie is ready to play ball with the Casino Reinvestment Development Authority and make an Atlantic City win-win situation. All bets are on for team O’Neal and Boraie to transform some old shacks in New Jersey into jaw-dropping point-setter apartments.

Chicago Property Taxes Keep Increasing In Some Chicago Neighborhoods

Property owners hate property tax increases. There is something unlawful about raising taxes on properties that have not be updated or remodel in over 100 years, but cities do it every year. Some Chicago neighborhoods are feeling the tax increase now. Mayor Rahm Emanuel’s new assessment was approved last year, and some property owners could see their property taxes increase by more than 48 percent this year.
That is the biggest residential tax increase in Cook County’s recent history. More than 184 neighborhoods in Chicago will be impacted by the property reassessments. The intersection of Halsted and Division streets seems to be the area that will feel the biggest tax increase, but people who live between the CTA’s North and Clybourn Red Line stop and its Chicago Avenue Brown Line stop will also have a big property tax increase.
The reason for the increase is a simple one. It is the inevitable result of the fast-moving pace of developments that are being built around the city. Several townhouse and condo developments have been completed recently and more are on the way. Plus commercial developments are still being built at a frantic pace.
Majeed Ekbal, the president of Expresso, and a very active real estate investor believes this is just the beginning of property tax increases around the city. Ekbal recently teamed up with three grocery giants in Chicago and opened Expresso, which is a delivery service. People can shop at home online and have their groceries and other purchases from specialty shops delivered for a $5 or $10 charge.
Majeed Ekbal is planning to open another location in South Chicago next year, because of the success of his North Side location. The one point Ekbal likes about the South Side is people spend money, but they are careful, so he is adjusting his delivery service to accommodate those customers. As far as new developments in Chicago, Majeed Ekbal says new construction will continue because of the demand to live in all parts of the city. There is a lot of new development going on the North Side, but the South Side is very active as well. In fact, properties are cheaper in the South, and developers like cheap properties. Visit Ekbal’s website for more information.

The Impact of Coaching on Real Estate Professionals

Real estate has always been an attractive profession for a variety of reasons. A talented real estate agent can make a great professional salary and connect with people in a meaningful way. The truth is that as much as things may have changed in the real estate world in recent years, realtors still play a very important role in helping people make the emotional decisions that come with buying and selling a house. Still though, the truth is that much has changed in the marketplace since the rise of the Internet and the changes brought about by the economic meltdown of 2007/2008.

So, how do new realtors coming into the market get the training and knowledge needed to be truly competitive in today’s real estate environment? For many, the answer is in real estate coaching.

The Value of Quality Coaching

Some great new ideas have come about since the market began to recover after the real estate bubble burst back in 2008. One of the ideas that is having a lot of impact now is the idea of coaching. Today there are many groups providing expert coaching to groups of new realtors. Great coaching can go a long way in making new realtors more accountable for their sales and more committed to their own success.

The Philosophy of Coaching

How does coaching work? Often coaches work with groups of realtors (usually with twelve people in a group) to connect them with other professionals that they can be accountable to. Within a small group each group member will have a team partner who they check in with regularly, on a weekly basis. Team partners will all have schedules of tasks they must complete for sales prospecting and they must check in to report on their progress regularly.

It’s amazing how much of a difference this accountability exercise can make in a realtor’s sales success rate. The bonding that comes in also goes a long way towards building a strong team.

Ultimately, the value that comes from coaching is in strengthening the individual real estate professional’s capability and confidence. The idea is not that team members are competing against each other, but that they are building a stronger team that can compete more effectively against outside professionals.

The Real Estate Mavericks

One of the top real estate coaching groups on the scene today is www.TheRealEstateMavericks.com. This group has made a name for itself by providing a dynamic and exciting coaching system that breaks through some of the blocks realtors may have when starting out.

One of the big attractions in the way the Real Estate Mavericks approach coaching is that they are committed to breaking through some of the tried and true approaches to selling that aren’t really valid anymore. Yes, it’s a bold approach, but it’s one that is working in today’s exciting new environment.

When your team is ready for a fresh approach, call the Real Estate Mavericks.

Real Estate Advice From Boraie Development Officials

Figuring out where to live is an important task in life. Many people will need to discover the right place for them to live. This is not always easy. It is not always clear exactly where one should live as well as whether or not to rent an apartment or buy a house. The kind of real estate that may work for one person’s situation may not work for another’s needs. This is why it is important to get help from a professional as people try and figure out the right real estate situation for their specific budget, background, work situation and family.

Getting help from a company such as Boraie Development LCC can be the ideal way to help someone determine the right living situation for their specific needs. Working with a real estate development company of this kind can also also help someone determine if living in a specific area can be right for their needs. For example, someone who wants to live in New Jersey will find that working with this company can help them sort out the kinds housing options that exist in this area. They can also work with the company to help them locate the kind of apartment that might be right for their needs. This can help them narrow down the kinds of locations in New Jersey where they may wish to live. Someone may realize they want to live in a specific area of New Jersey that is more urbanized while another person may realize they prefer to live in a development managed by Boraie that is located in the less urbanized section of this state.

In this way, the person can help sort out the kind of real estate choices that can be ideal for their needs. They can help figure out that they much prefer to live in an apartment because it is convenient to many forms of public transportation that allow them to commute to their job in other parts of the state and has easy access to many other stores in the immediate area allow them to purchase items.

From Shanghai To Brooklyn

New York City – an empire and an area in which property interest never seems to wane. Recently our own Big Apple has caught other eyes, and real estate brokers are welcoming some of China’s elite investors to the idea that, “You haven’t truly made it in life until you own an apartment in New York.” according to Fredrik Eklund, Douglas Elliman broker and star of “Million Dollar Listing New York” in a recent article featured on The Real Deal website.

The Real Deal hosted the first ever U.S. Real Estate Showcase & Forum in Shanghai where top real estate and development professions met and discussed New York real estate and the value of investing in New York City and beyond. Manhattan isn’t the only place to be, with New York’s exemplary safety playing a large role, Chinese investors with proper cash reserves could find Brooklyn, Harlem, and many other parts of the city as appealing as ever. Town Residential CEO Andrew Heiberger said, “Brooklyn shouldn’t even be called a borough – it’s the next great city.” With Chinese buyers willing to invest up to $2 million for an apartment, he might be right.

TOWN Residential, the top rated NYC apartments for sale firm, was founded in 2010 by Heiberger and is co-chaired by Joseph Sitt. Never lax in customer satisfaction their accolades in servicing their clients are numerous through luxury residential and property development sales, leasing, and marketing. Leaders at TOWN Residential utilize a unique approach to the marketing of sale and leasing properties with powerful distribution in both online and print publications, a strong press value, various events and industry syndication. Andrew Heiberger’s opinion is a strongly backed one, as a respected authority within the property industry.

Many topics were covered during the showcase, from financing to brokerage regulations, but it wasn’t all business during The Real Deal’s Shanghai forum. Several of the attendees offered up their ideal ‘dream home’ locations, from downtown Brooklyn to Taylor Swift, and it is easy to see that New York City, and all it has to offer, is certainly catching foreign attention, and rightfully so.

Can You Find Greenery in New York City Living?

In a city like New York, known for being the asphalt jungle, it is a blessing when you can find a living space that includes greenery, especially when it comes to your own yard that you don’t have to share. In spite of the rarity of greenery, it can be found in condos that sell for under 500,000. There’s a location in Brooklyn that has a garden with a Japanese Maple, a hydrangea, and a brick path. The downside of this listing is that the 500 square foot garden is larger than the apartment itself. To some though, the trade off will be worth it.

There are a good number of penthouses with terraces in Manhattan, but they come with a hefty price tag. A building on 56th Street in Midtown has a wraparound terraces on three levels, which have a total of 3,000 square feet of outdoor space. There are similar terraces in apartment complexes at the Plaza Hotel, Trump Park Avenue, and Moore St. in Tribeca, but all require wads of cash to be able to live there.

A real estate company with much experience in NYC apartments for rent services that can expertly help those seeking greenery in the concrete jungle of New York City is Town Residential. The company was founded in 2010, and has established itself as a company that can excel in placing people in luxury situations. The company offers unprecedented services to its clients on an ongoing basis.

On 174th Street, in the African American enclave of Adisleigh Park, there is an actual house with a small yard in back that is suitable for outdoor grilling. The former owner was even able to hold jazz concerts in the backyard.

Houston Real Estate: Living Diversely

Houston was named number 1 in Forbes list of fastest growing cities. Everybody wants a piece of this pie. The oil and gas industry has caused a steady flow of residents of the past few years making for loads of new construction, a rise in rental demands, and more opportunity for real estate. So what does this boom mean for the residents?

The most coveted neighborhoods are Rice Village, just near Rice University, and Highland Village, made popular by the huge shopping center and fresh new residential properties. Haidar Barbouti is the perfect example of how to work the hip and trendy Houston property game. This diverse city boasts a large international population and has a stake in every industry you can think of from fashion and LGBT politics to car art.

The Heights and River Oaks neighborhoods, creeping up toward the Galleria, are neighborhoods that have defined what it means to live well in Houston. The older less hip crowd retreat to these areas. This contrasts the Warehouse District in Houston known for being gritty and artsy. Part of the appeal of Houston is that there is the perfect neighborhood for everyone, all in one city.

However, the solidarity in the face of this progression is overwhelming. Being from Houston, especially in the loop, is a certain privilege that not many people can handle. Being in the right neighborhood, such as Highland Village, sets a Houstonion apart.

Real Estate Mogul Haidar Barbouti Buys, Eats, Shares

Haidar Barbouti entered the business world as a real estate and business developing genius, but he has made headlines for his dive into the restaurant industry and gifts to charity.

Barbouti decided to develop an open air restaurant in his hometown of Houston after an inspirational trip to Europe. He wanted fine dining with delicious, well-made food aimed at bringing in folks with his taste for luxury and upscale. He did not have any experience as a restaurant entrepreneur, nor a culinary degree, but he had a dream of eating real food served at real portion sizes. He opened Up Restaurant where guests can expect everything made fresh, except the ketchup, which Barbouti says his customers preferred Heinz over the homemade. Barbouti creates the menu and tastes and tweaks all the food. His passion for food that simply tastes good has driven the restaurant to great success.

Up Restaurant is located in the Highland Village Shopping Center, a purchase of Barbouti’s and Highland Village Holdings in 1991 and one of Houston’s first shopping centers. Barbouti serves as the center’s property manager, aiming to attract large retailers to the area bringing in a variety of stores and restaurants, including Pottery Barn, Williams-Sonoma, Crate & Barrel, Anthropologie and RA Sushi Bar. Notably, Starbucks selected the center for their first step into the Houston market. The center houses the city’s first Earth-friendly fitness facility, Quality Life Fitness. Three years ago, the center took on an Apple Store with a conference room to allow for special product presentations to business personnel, only the second such customer accommodation in Texas.

In 2008, Barbouti decided to donate retail space in Highland Village, including utilities, for a pet adoption center named Highland Village Adoption Center. Barbouti is known in the Houston community for such generous acts of charity, giving his time and resources to assist the community’s smallest and most vulnerable.

Barbouti has certainly made a name for himself in Houston, attracting new, large stores and restaurants to the Highland Village for the benefit of the community, as well as giving back through charitable work.

Opulence at its Best in New York City Real Estate

The luxury real estate market of New York City is unique, and navigating through the sale, leasing, and marketing of its luxury residential properties, or the intricacies of its property developments require the expertise and resources of a real estate servicing firm that is a highly specialized leader in the innovativeness of the industry. TOWN Residential is an unrivaled firm comprised of a team of professionals equipped to provide a superior level of service and professionalism to educate, guide, and empower clients to make their search, decision making, and buying experience of a New York City home with confidence and unsurpassed support.

The real estate market in New York City contains a good deal of the world’s most luxurious homes, and is renowned for its lavish residences. Whether it be a penthouse apartment or a brownstone on the Upper West Side, the grandiose reputation of New York City luxury homes is distinctive and unsurpassed. Unquestionably, discriminating buyers discern the best when they see it.

New York City is the largest city in the U.S., and is self-proclaimed as the “City that Never Sleeps” where almost anything can be found at any given hour. As a highly multicultural epicenter, New York City’s Manhattan is the headquarters where the United Nations building resides. Worldwide, in the United States recovering real estate market, people are experiencing the benefits of residing in the world’s most symbolic metropolitan city.

Living in New York City is different from living anywhere else. NYC apartments for sale are diverse and cover a broad range of tastes. TOWN Residential anticipates assisting in your exploration of NYC luxury real estate. Some encompass within their walls hundreds of years of history, and others are spectacles of modern architecture. It is a city that houses over twenty unique museums and cultural centers, as well as countless art galleries. All mediums of the performing arts, including drama, music, dance, and opera are of the highest standards and accomplishments.

New York City residents enjoy the amenities of Central Park, one of the largest man-made parks in the United States. In NYC, people enjoy feasting on any style or type of cuisine imaginable. As a major hub of finance, culture, and transportation, NYC’s real estate offers limitless possibilities. The opulence of living in a New York City home is almost incomparable to the pleasure derived from living in the city itself.

TOWN Residential anticipates assisting in your exploration of NYC luxury real estate.