Luciane Serifovic

By wh1

Luciane Serifovic joins Town to head up international sales Former execut上海贵族宝贝论坛 上海贵族宝贝ive director of rentals at Elliman was recently reappointed to sales role

Luciane Se上海千花社区 上海千花网交友rifovic

Luciane Serifovic, a former top rental executive turned sales manager at Douglas Elliman, jumped to Town Residential to be director of international sales.

Serifovic was the executive director of rentals at Elliman from 2014 until 2016, when she was moved to a sales management position and replaced by Hal Gavzie. The switch was part of a larger shake-up which also saw Cliff Finn, Elliman’s executive vice president of development marketing, laid off from his full-time position.

Serifovic was most recently executive and sales manager for three of Elliman s West Side offices, but left the company in March.

At Town, she will work to extend the company s reach into the international luxury market by forming strategic alliances with other brokerage brands aroun新爱上海同城对对碰论坛 上海同城对对碰交友社区d the world, according to a spokesperson for Town. The company already has an alliance with Fortune International Group in Florida, for instance.

A spokesperson for Elliman wasn t immediately available for comment.

Prior to Elliman, Serifovic worked at Citi Habitats from 2007 through 2013 and where she ran the company s top-producing office at 250 Park Avenue South.

Among its other recent hires, Town recently hired Mich阿拉爱上海同城 爱上海龙凤419桑拿ael Martin, digital marketing director for The Trump Organization, as director o爱上海同城手机版 新爱上海同城对对碰论坛f digital strategy.

Tags: Douglas Elliman, town residential
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Facebook Advertisements

By wh1

Facebook (still) letting housing advertisers exclude users by race After ProPublica revealed last year that Facebook advertisers could target housing ads to whites only, the company announced it had built a system to spot and reject discriminatory ads. We retested and found major omissions.

Mark Zuckerberg

In February, Facebook said it would step up enforcement of its prohibition against discrimination in advertising for housing, employment or credit.

But our tests showed a significant lapse in the company’s monitoring of the rental market.

Last week, ProPublica bought dozens of rental housing ads on Facebook, but asked that they not be shown to certain categories of users, such as African Americans, mothers of high school kids,people interested in wheelchair ramps, Jews, expats from Argentina and Spanish speakers.

All of these groups are protected under the federal Fair Housing Act, which makes it illegal to publish any advertisement “with respect to the sale or rental of a dwelling that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.” Violators can face tens of thousands of dollars in fines.

爱上海 爱上海同城手机版

Every single ad was approved within minutes.

The only ad that took longer than three minutes to be approved by Facebook sought to exclude potential renters “interested in Islam, Sunni Islam and Shia Islam.” It was approved after 22 minutes.

Under its own policies, Facebook should have flagged these ads, and prevented the posting of some of them. Its failure to do so revives questions about whether the company is in compliance with federal fair housing rules, as well as about its ability and commitment to police discriminatory advertising on the world’s largest social network.

Housing, employment and credit are the three areas in which federal law prohibits discriminatory ads. However, the U.S. Department of Housing and Urban Development — the agency responsible for enforcing fair housing laws — told us that it has closed an inquiry into Facebook’s advertising policies, reducing pressure on the company to address the issue. In a 2015 newspaper column, Ben Carson, now HUD secretary, criticized “government-engineered attempts to legislate racial equality” in housing.

Facebook’s failure to police discriminatory rental ads flies in the face of its promises in February that it would no longer approve ads 上海千花网交友 上海千花网论坛for housing, employment or credit that targeted racial categories. For advertising aimed at audiences not selected by race, Facebook said it would require housing, employment and credit advertisers to “self-certify” that their ads were compliant with anti-discrimination laws.

Based on Facebook’s announcement, the ads purchased by ProPublica that were aimed at racial categories should have been rejected. The others should have prompted a screen to pop up asking for self-certification. We never encountered a self-certification screen, and none of our ads were rejected by Fa[……]

Read more

Priciest Apartments Manhattan

By wh1

He阿爱上海同城 阿拉爱上海同城re are the week’s top luxury sales An interactive look at where the biggest deals were struck, plus total overall sales and average prices for the week (click on numbers to see data)

Each week,上海同城对对碰交友社区 上海夜网论坛 The Real Deal and CityRealty look back at Manhattan’s priciest apartment sales.

Tags: cityrealty
We are having some technical dif上海夜网 阿爱上海同城ficulties. Tr上海同城对对碰交友社区 上海夜网论坛y again later.

By clicking 上海千花网 爱上海同城对对碰Subscribe you agree to our Privacy Policy.

[……]

Read more

Jack Parker Corporation

By wh1

Jack Parker puts massive multifamily portfolio on the market The 2,000-unit package includes Parker Towers complex in Queens

Steven Pipes, Parker Towers in Queens, the Biltmore rental building in Midtown and Truffles Tribeca (Credit: Google Maps, Jack上海千花网论坛 上海千花网 Parker Corporation, F6S)

The Jack Parker Corporation is putting the majority of its New York City holdings on the market, The Real Deal has learned.

The massive multifamily portfolio consists of Parker Towers, a three-building, 1,327-unit complex in Queens’ Forest Hills neighborhood; the 291-unit high-end rental building Truffles Tribeca; and the 464-unit Midtown rental tower the Biltmore.

The properties could be sold separately or as one 2,082-unit package, sources said. It was not immediately clear what the properties could sell for.

The family-owned company, founded in 1955 and today led by president Steven Pipes, has developed more than 15,000 apartments in the U.S., largely in New York City and Florida. Jack Parker himself, the company s founder, died in 2007.

Parker Towers at 104-20 Queens Boulevard, which property records show the f上海贵族宝贝交流区 上海贵族宝贝论坛irm developed in 1960, spans 1.7 million square feet. Roughly 70 percent of the units are free market, according to sources.

Parker hired a Newmark Knight Frank team led by Jimmy Kuhn to market the package for sale, sources said. Neither Parker nor a representative for Newmark immediately responded to requests for comment.

Active buyers of large residential assets include Blackstone Group, A E Real Estate Holdings, Fairstead Capital, Vanbarton Group, Treetop Development, Akelius Real Estate Management and Emerald Equity Group. There are also firms known for converting existing buildings to condominiums, such as Macklowe Properties and CIM Group.

Parker al爱上海同城对对碰 爱上海同城论坛so owns Le Parker Meridien, a 40-story, 729-unit上海龙凤论坛 新上海贵族宝贝论坛 hotel on West 56th Street, that it has previously tried to sell. That hotel is not part of this package, though it was not immediately cl上海同城对对碰交友社区 上海夜网论坛ear if that property is still being marketed by Eastdil Secured, which received the listing in 2016.

Tags: Commercial Real Estate, Multifamily Market, Residential Real Estate
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

US Home Stock

By wh1

Call them the frustrated wannabe sellers eager to list their homes for sale this spring, but feeling locked out of their markets by severe inventory shortages and rising prices that are occurring in many parts of the country. They want to move. They believe they could sell relatively quickly. But they can t find affordable, desirable replacements for their current homes because there are fewer to choose from. So they don t list, thereby contributing to a pernicious cycle that worsens the inventory squeeze.

According to the National Association of Realtors latest data, total listings of homes for sale are down by 8.1 percent over the past year alone, and they have fallen year over year for 33 consecutive months. A new study by Trulia.com found that inventories have sunk to their second lowest level since the company began tracking them in 2012. Meanwhile, prices are up in major segments median starter homes by 9.6 percent for the year, tr爱上海同城手机版 新爱上海同城对对碰论坛ade-up homes by a median 7.5 percent.

The wannabes are folks like these:

David Roberts, a high school teacher in the Nashville, Tennessee, area, tells me he s been looking for months for an affordable replacement for his current home, valued around $188,000. He s been told his house would sell in two weeks. But prices of suitable replacements are rising fast up 10 percent in the past year and the pickings are slim anywhere close to the city. So where do we go? he asks. We are looking but not listing.

In Walpole, Massachusetts, 76-year-old Michaela Tomaselli wants to sell her four-bedroom ranch house and has looked at everything that s available locally. But I can t find a place to go what s out there either costs too much, doesn t have the single-floor arrangement she needs or isn t in good condition. I don t want to go into a condo, she says. I wouldn t be happy there after years in a detached hom爱上海同城 爱上海e on a one-acre lot. So she, too, is looking but not listing.

On Chicago s north side, Mark Zipperer, 上海龙凤论坛sh1f 上海龙凤论坛who s in the business managing broker/owner of RE/MAX Edge finds himself in a sticky situation. He wants to sell the condo unit he s living in and could do so quickly. But he s not finding what he wants as a replacement. Plus, he s reluctant to give up his 3.1 percent fixed-rate mortgage to buy a new place. The result: He s not listing.

The wannabe seller squeeze is hardly the main cause of tight supplies of houses for sale nationwide. Researchers cite such key contributors as low levels of new home construction, heavy investor activity converting affordable homes into rentals, and seniors remaining in their homes rath新上海贵族宝贝论坛 上海贵族宝贝交流区er than downsizing.

But the where-will-we-go? factor is significant. As part of a national survey of homeowners last October, realty firm Redfin found that among the top reasons given by a sample of owners who 上海夜网论坛 上海夜网might like to sell but are not listing were:

I m worried I won t be able to find a home to buy

I can t find another house I like and fears about pricing and af[……]

Read more

WeWork

By wh1

WeWork close to inking huge lease at 1 WTC It’s unclear how much space the co-working firm is taking

Adam Neumann and 1 World Trade Center at 285 Fulton Street (Credit: Getty Images and Pixabay)

WeWork may be 1 World Trade Center s newest tenant.

The co-working giant is reportedly close to finalizing a large lease in the office tower, bringing the company closer to being the city s top 上海千花社区 上海千花网交友office tenant. According to Crain s, WeWork is looking to lease between 200,000 and 500,000 square feet in the building. A recent report by Cushman Wakefield noted that the company is the second-largest renter of office space in the city with 4.6 million square feet. It would only need a上海千花网龙凤论坛 上海千花社区n additional 74,000 square feet to put it in first place.

Earlier this year, the Durst Organization s leasing executive Eric Engelhardt told Crain s爱上海龙凤419桑拿 上海龙凤论坛sh1f that the company was looking for one ten上海夜网 阿爱上海同城ant to take as much as 400,000 square feet in the building. The developer has also reserved smaller spaces in the tower for multiple tenants.

The build上海千花网龙凤论坛 上海千花社区ing s best known tenant is Condé Nast. One of WeWork s competitors, Convene, has an event space on the building s 34th floor. [Crain s] — Kathryn Brenzel

Tags: 1 World Trade Center, Commercial Real Estate, wework
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

NYC Development Sites

By wh1

As the market drops and many give up on stitching together plots for big projects, some players are still quietly buying up NYC sites

(Illustration by Andrew Colin Beck)

Piecing together a sizable parcel of Manhattan land is a time-consuming and hairy process.

And in today’s tanking investment sales market, many are just avoiding it outright.

But there is still a handful of players — many of them among the city’s savviest and most risk-tolerant — in the assemblage game. And the chess moves they are making, which often involve seemingly unconnected purchases throughout Manhattan, offer a window on the next batch of projects coming down the Manhattan pike.

“With assemblages, you get a sneak peek of the next wave of development,” said Ross Moskowitz, a partner at law firm Stroock Stroock Lavan.

Isaac Chetrit and Sioni Group, for example, picked up two buildings and 235,000 square feet of air rights over eight years to make way for an 80-story mixed-use tower on Sixth Avenue in the Garment District designed by Kohn Pedersen Fox. Icon Realty Management, meanwhile, stitched together eight parcels and nearby air rights over nine years to create an Upper East Side site where it’s now planning two condo towers. And MKF Realty snapped up three parcels and a batch of air rights for its planned 250,000-square-foot Hell’s Kitchen office building, though that project isn’t slated to break ground for another few years.

Generally, these types of assemblages involve negotiating with reluctant sellers, figuring out who has air rights to unload at nearby parcels and hashing out the exits of residential and commercial tenants — all while ensuring that the project still pencils out profits. And all of that is becoming increasingly tricky to pull off in this market.

In a stronger market, investors tend to buy contiguous low-rise buildings with the intention of waiting out the remaining leases and then demolishing the properties.

These days, many players won’t even bother doing that, largely because lenders have pulled back on construction lending and the luxury condo market is oversaturated.

Eastern Consolidated’s Brian Ezratty — who recently represented the Carmel family in its sale of an $80 million Upper West Side parcel to Gary Barnett — said today is “not time to buy and hold and gamble.”

“I don’t even look at deals where the guy says, ‘There are only two tenants left,’” Ezratty said.

Colliers International’s Scott Latham, who co-heads the firm’s capital markets and investment services division, also 上海夜网论坛 上海夜网said the pool of investors looking to put property puzzles together has shrunk. Assembling in this market, he said, is “just not the wisest idea.”

Manhattan investment sales activity plummeted 45 percent in the third quarter year over year, while residential rents, office rents and condo prices are all down, making it hard to justify construction. Perhaps as a result, some who have completed assemblages have determined that selling the site is more profitable than cons[……]

Read more

NYCHA Elevators

By wh1

Head of NYCHA s beleaguered elevato爱上海龙凤419桑拿 上海龙凤论坛sh1fr division is suspended The agency is moving to fire Ivo Nikolic, who allegedly violated the agency’s anti-discrimination policy

The elevators of 1595 Madison Avenue in East Harlem

Ivo Nikolic (Credit: LinkedIn)

The head of the New York City Public Housing Authority s elevator division has been suspended following allegations that he violated the agency s anti-discrimination policies.

The agency is moving to fire Ivo Nikolic, who until last week oversaw the safety and maintenance of NYCHA s 3,237 elevators, following an issue raised with the agency last week.

Nikolic was in charge of the elevator division when three senior elevator directors, Derrick Graham Virgel Fincher and Alan Guadagno, who each reported to him, lied on 33 maintenance reports, according to indictments unsealed by Manhattan District Attorney Cy Vance Jr. last year.

This month, The Real Deal documented how chronic mismanagement and underfunding of NYCHA s elevator unit had put passengers at risk, and found that incidents occur in the agency s elevators at a rate five times greater than others in the city上海贵族宝贝论坛 上海贵族宝贝.

Nikolic was appointed in 2017 to replace the previous elevator division director, Kenneth Buny, following his demotion in relation to an incident that revealed NYCHA officials were not made aware of a fatality until four days after the fact. But despite leading the division, Nikolic never received licensing by the Department of Buildings to ca上海千花网交友 上海千花网论坛rry out elevator inspections.

NYCHA spokesperson Jasmine Blake said in a statement that the agency took immediate action after it was notified last week of an issue involving Nikolic.

“Nikolic’s actions, which led to his suspension, are completely unrelated to the safety of our elevators and are outside of his technical role, she wrote. We took immediate action when this was brought to our attention last week.”

Citing information provide上海同城对对碰交友社区 上海夜网论坛d by city officials, the New York Post reported that the agency took action after Nikolic allegedly violated its anti-discrimination policy.

Images of posters on walls in NYCHA buildings, that included a headshot of Nikolic and a message to DENY ACCESS and contact a security office, were first published by The City, a local reporting arm of New York Magazine.

爱上海 爱上海同城手机版Nikolic s attorney, Marcel Florestal, told TRD that he and his client are in the dark ourselves. Until we get to the bottom of this with NYCHA, we really won t know what the true story is, Florestal said. [NYP, The City] David Jeans

Tags: elevators, NYCHA, Politics
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Brexit

By wh1

Brexit banking exodus fuels real estate gold rush in Dublin Demand for a recent Irish offering of mortgage-backed securities was three times greater than the amount of debt offered

(Credit: iStock)

Debt investors are eager to lend a helping hand to Irish landlords looking to acquire rental housing for employees of banks and law firms moving from London to Dublin.

As the U.K. s struggles to exit the European Union continue, financial industries are moving shop to the Irish capital, fueling a property boom that lenders and investors want to cash in on, according to Bloomberg.

Dilosk Ltd, a lender to landlords in Ireland, issued securities back爱上海 爱上海同城手机版ed by its mortgages last week, and the volume of orders from investors was three times greater than the amount of debt the firm offered. Dilosk CEO Fergal McGrath told Bloomberg his firm already has made plans for a爱上海 爱上海同城手机版nother offering of mortgage-backed securities.

Brexit has led British banks, including Barclays Plc, to move jo上海贵族宝贝论坛 上海贵族宝贝bs to Dublin, so Dilosk expects its next offering of securities to include more loans for upscale properties leased to financial professionals, McGrath said.

Real estate website Daft.ie reports that Central-Dublin house prices are double the level of 2013 and rents are 37% higher than their 2008 p上海夜网 阿爱上海同城ea上海贵族宝贝论坛 上海贵族宝贝k.

The average monthly rent for a one-bedroom apartment close to Barclays new Dublin office is about 2,000 euros. The average monthly mortgage payment for a similar sized-apartment in the area is approximately 1,200 euros a month, according to Daft.ie. [Bloomberg] – Mike Seemuth

Tags: brexit, Residential Real Estate
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Specially good effect is more than 5 wool! Cos group explodes laugh deduce Ren Tiantang big melee 4 people battle royal

By wh1

Bao Kemeng is opposite the true person that believes very much young associate has looked not to have li front page battle video, to foreign vermicelli made from bean starch people coxcombical the acting that throws extremely again however returns clearly to be in eye, now day vitta is sowed advocate Legend Of Micah called together additionally 3 acrobatics to perform young associate, display for everybody together went up lifelike is rich ” big melee of Ren Tiantang star ” 4 people battle royal is reductive.[……]

Read more