LRE® Blog

1 - 10 of 1,903 Blog Posts

October 1, 2014

Can Co-ops Keep Up?

Courtesy of Frederick Peters, President of Warburg Realty Co-op prices lag condo prices. Year after year, the percentage increase in value for condominiums, which buyers own outright, has been higher than for co-ops, in which buyers own shares in the co-op corporation and most decisions related to their apartment (including whether or not they get to buy it!) are adjudicated by the co-op Board. As a result, more and more buyers are opting for the relative simplicity of condo purchases. Recently a group of top brokerage industry professionals from a number of different firms met to discuss this issue and brainstorm what mainstream co-ops could do to restore their value in the marketplace (I am not referring here to outlier purchases like the $70 million recently spent for an enormous duplex at 740 Park, or the $60 million spent for the penthouse at 960 Fifth.) This group of experts came up with a set of clear practical steps which co-ops could take to try to level the field a little.

October 1, 2014

NFL Running Back Darren Sproles Lists Santaluz Estate

Courtesy of Windermere Homes & Estates It has been quite a year for the Daniel Beer Group of Windermere Homes & Estates. The Daniel Beer Group recently sold the Poway estate of future Hall of Fame and former NFL star, San Diego Chargers running back LaDainian Tomlinson. The estate sold at full asking price in only 16 days after being on the market for more than three years with other firms. The team has just listed Darren Sproles’ Santaluz estate. Sproles now plays for the Philadelphia Eagles although San Diego Chargers fans certainly miss his talent on the field at Qualcomm Stadium!

September 30, 2014

New Real Estate Series Casting for “Yours, Mine or Ours”

From the producers that brought you the HGTV's series “Selling New York” and “Selling LA”, comes a new hit show “Yours, Mine or Ours”. JV Productions is currently casting for the show’s pilot episode and is seeking affluent, trendy couples who currently live separately, but are planning on moving in together.

September 29, 2014

Change Begets Change

Courtesy of Frederick Peters, President of Warburg Realty Change begets change. In the last twelve months, my management team has undergone a series of radical transformations. Two of my long standing sales directors have departed the firm, as has one of shorter duration. I have a new sales director for my new Upper West Side office. I had an ambassador without portfolio on my management team for many years who is dropping off at the end of the year to concentrate more fully on brokerage. I have an entirely new marketing team. My daughter has joined the firm to direct our strategic and marketing initiatives. As I look around our conference table during the weekly management meetings, half the faces were not there a year ago.

September 26, 2014

Luxury Real Estate Visits One of Utah’s Premier Four-Season Communities

Courtesy of Who’s Who in Luxury Real Estate On a recent trip to Utah, Chairman/Publisher of Luxury Real Estate, John Brian Losh, with President, Meghan Barry, and Membership Manager, Matthew Dulas, visited Who’s Who in Luxury Real Estate member, Red Ledges, at their beautiful private mountain community near Park City. They were given a grand tour of their carefully designed neighborhoods of estate homesites, luxury cottages and mountain villas from Marketing Director, Connie Costello. “The visit was spectacular and they were very warm and welcoming,” shares Matthew.

September 24, 2014

Landmark French Home Becomes Seattle’s 7th Most Expensive Listing

Courtesy of Ewing and Clark, Inc. Betsy Q. Terry and Jane Powers of Ewing and Clark, Inc. have recently listed what has become Seattle’s 7th most expensive listing, according to Curbed, that is located in one of the city’s most exclusive neighborhoods, Broadmoor. Originally built in 1926, this French mansion has been updated from top to bottom sparing no expense. Hallmarks of this elegant estate include high ceilings, incomparable fairway vistas and an extravagant swimming pool with outdoor kitchen.

September 19, 2014

Historic 1880s-Era Renovated Seacroft Estate Hits the Market in Rumson

Courtesy of Gloria Nilson & Co. Real Estate RUMSON, NJ – Rarely offered for sale, one of the original Rumson estate homes built in 1881 known as SeaCroft at 1 Allencrest Road is now on the market. Restored with great care in 2008 with careful attention given to its architectural heritage, the 10,000 square-foot-home originally designed by noted architect Bruce Price combines a dramatic sense of history with all the comforts of modern living. The estate is listed by Gloria Nilson & Co. Real Estate.

September 18, 2014

Lakefront Retreat Offers Perfect Location for the 2015 U.S. Open

Courtesy of Ewing & Clark, Inc. Kristen Shapton, a residential broker with Ewing & Clark, Inc., has listed an architecturally significant lakefront retreat designed by Kirtland Cutter that is located less than 10 miles away from where the 2015 U.S. Open will be held. This will be the first time in history the U.S. Open golf tournament comes to the Pacific Northwest and this is an exciting opportunity to buy or lease this beautiful property and take advantage of its prime location.

September 18, 2014

2014 Panama Luxury Properties Report

Courtesy of Kent Davis of Panama Equity Real Estate Panama continues to attract buyers who are spending $1,000,000 plus on properties in Panama City. But where are they coming from and why do they choose Panama? How do they find the properties they are searching for and what precisely are they buying?

September 18, 2014

Zephyr’s Neighborhood Photo Library Grows to 2,200+ Images

Courtesy of Zephyr Real Estate SAN FRANCISCO, CA – Zephyr Real Estate’s acclaimed San Francisco neighborhood photo library has expanded by nearly 1,000 photos. The library, which Zephyr created last year, formerly covered 37 of San Francisco’s 89 distinct neighborhoods. With the expansion, the library now holds over 2,200 photos covering 61 neighborhoods.
« 1 3 191