CITY LIVING with The Stein Team, May 2015
 
MAY 2015
From The Stein Team
 
 
NEW TO THE MARKET: 75 Bedford Street , West Village, Offered at $12,500,000
 

CITY LIVING with The Stein Team

 
 
Jeremy Stein featured on CNBC
 
 

Jeremy Stein of The Stein Team was recently featured on CNBC in their "Power House" segment, highlighting New York City's hottest listings. Watch Jeremy discuss three of our most popular new listings now being offered in Manhattan. 

  

 

 
Market Snapshot
 

Rendering of Billionaires' Row
57th Street, Manhattan
 
 

When will the boom break?

This month, The Real Deal combed through statistics from the past three decades and talked to market veterans to analyze previous "booms" in New York's real estate market, in order to predict how high the current market can rise and what could lead to its "bust." The truth is that not all market booms (or busts for that matter) are created equal.

What they discovered is that, while there is much talk about prices getting too high, economists said this boom is being built on a more solid foundation than past ones, and lenders who got burned in the last downturn have helped keep the market in check.

 

 

 
Outdoor CITY LIVING
 

Lush New York City Rooftop Garden 

Fun in the Sun

One of the most sought after amenities in the city? For sure, it's Outdoor Space. Summer is around the corner, and Manhattanites know that come July and August, things can get seriously hot. Nothing could be better than relaxing and enjoying a cool breeze from your private rooftop or terrace. From rustic garden retreats to chic entertaining spaces, enjoy our curated collection of inspirational Outdoor Spaces in the city. 

 
Neighborhood Spotlight
 

Rendering of The Seaport Waterfront
 

Rendering of Pier 17

The South Street Seaport

The South Street Seaport is a designated historic district in Lower Manhattan, centered where Fulton Street meets the East River. The Seaport, heavily damaged by Hurricane Sandy in 2012, caused many of its businesses to close.The Howard Hughes Corporation has set to revitalize the Seaport, with a plan to provide a much-needed community and fashion anchor for Lower Manhattan. 

Pier 17, the focal point of Hughes' redevelopment, will feature a contemporary design, conceptualized by SHoP Architects, which will honor its roots as a bustling marketplace and influential port of trade. The revitalization will also include a marina, esplanade, lush open spaces, a rooftop venue and a retail environment complete with premier fashion brands, restaurants and a world-class market.

 
 

High-Tech Gadgets
 

Axor Starck V, Offered by Hansgrohe

 
 

Redefining The Tap

Hansgrohe CEO Klaus Grohe tasked designer Philippe Starck with a mission: Design a faucet that capitalizes on the aesthetics of cascading water. Starck's creation, the Axor Starck V, does away with the standard metal faucet and replaces it with glass and a cutaway spout, featuring proprietary technology that creates a vortex effect, which took four years to develop and has become its standout feature. The piece has already won recognition for its design. While currently unavailable in the United States, the Axor Starck V is offered internationally for about $1,120 by Hansgrohe.  

 

 

 

Posh Pads
 

Renderings of 220 Central Park South

 
 

Can you believe... $7000/SF?

Bring on the sales at 220 Central Park South! Vornado Realty Trust’s long-delayed luxury condominium recently got the green light from the New York Attorney General’s office. Of the units that are listed publicly, the average price per square foot is an amazing $7,374... Just when we thought Manhattan's Billionaire Row couldn't reach new heights, here we go!

The Robert A.M. Stern-designed building will have a total of 118 units, split between a 69-story limestone tower and an adjacent 14-story villa. The priciest penthouse will ask between $150 and $175 million, sources say. Building amenities include private wine cellars, select private parking spaces, a fitness center, swimming pool and a residents' dining room.

 

 
 
 
 
 

 

 
The Stein Team’s Property Highlights

196 Sixth Avenue
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419 West 22nd Street
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481 Greenwich Street, PHB
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© 2014 Sotheby’s International Realty, Inc. All rights reserved. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractors and are not employees of Sotheby’s International Realty, Inc.