JAD Realty Group
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ARCHIVED BLOG POSTS
2009
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2224 Frederick Douglass Boulevard The Corcoran Group has joined the ranks of New York City residential real estate companies which are shutting offices to cut costs in the midst of the economic downturn. The company is closing its Harlem office, a storefront location at 2224 Frederick Dougla...
01/30/2009
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33 Charlton Street Aberdeen Properties is adding amenities usually found in condos, like concierges and climate-controlled package rooms, to townhouses around the city. The properties include 52 West 76th Street, on the market at $15.9 million; 24 West 11th Street, listed at $14.95 million; ...
01/29/2009
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WASHINGTON — Sales of existing homes posted an unexpected increase last month, closing out the worst year for the real estate market in more than a decade. The National Association of Realtors said Monday that sales of existing homes rose 6.5 percent to an annual rate of 4.74 million in Decem...
01/28/2009
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J Condominium The J Condominium at 100 Jay Street, between York and Front streets, is offering one month of free rent to anyone who signs up for a $2,400 per month studio, according to a listing on Craigslist.com. The listing for the Dumbo building also offers no broker's fee and no applicat...
01/28/2009
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Sierra Realty's Peter Braus Office building owners struggling to retain their tenants in the weak economy are more likely to pay a full broker's commission on a renewal lease compared to a year ago, landlords said. Peter Braus, executive vice president and principal at property owner and man...
01/28/2009
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Andrei Vavilov, the Russian financier, has settled his dispute with the Plaza over two penthouse units he purchased. Those Plaza fans who closely track the comings and goings of luminaries who stay and live at the renovated hotel and condo should take note. The building has reached a resolution...
01/28/2009
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Manhattan House O'Connor Capital Partners has ousted Prudential Douglas Elliman as the exclusive broker at Manhattan House, the landmark Upper East Side condominium conversion that has struggled under a debilitating credit crisis, The Real Deal has learned. Elliman Vice Chairman Dolly Lenz...
01/28/2009
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A year ago, economists predicted 2008 would be a challenging year for the struggling real estate industry. The property market had just come off what seemed then like its worst year ever and signs of a recovery were faint. A year later, after watching property values plummet further, foreclosure...
01/26/2009
205 East 42nd Street For the first time since the early 1990s, Prudential Douglas Elliman is opening a new office specifically for rentals, according to Stephen Kotler, an executive vice president and director of sales and rentals at the brokerage. To fill out the new department, the company...
01/26/2009
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KNOWING what your neighbor paid for his apartment is a juicy morsel of gossip, and in New York, gossiping about real estate is an obsession. It is so captivating that an entire niche of blogs was created to cover it. In the past four years, sites like Curbed.com, Brownstoner.com, UrbanDigs.com, T...
01/26/2009
Rainmaker
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Jeffrey Ditri
New York City Residential Rental Specialist