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New Developments

CitiLiving Magazine
December 14, 2009

CitiLiving Magazine is published by Citi Habitats, the premier residential brokerage firm in Manhattan.


CitiLiving Magazine - November/December 2009 Issue

 

Features: 

Newest Citi Habitats Exclusive Sales Listings

 

3rd Quarter 2009 Manhattan Sales Market Report

 

Please click on the image to view the entire issue

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First-time homebuyers leading market back
November 16, 2009

First-time homebuyers leading market back

By Les Christie, CNNMoney.com staff writer

Housing recovery is being propelled by affordability, bringing entry-level buyers back into the market.

NEW YORK (CNNMoney.com) -- Propelled by the first-time homebuyers tax credit, nearly half of home sales are now being made by first-time purchasers, according to an industry report released Friday.

Read full article here.

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Bidding Wars Resume
November 16, 2009

Bidding Wars Resume

By VIVIAN S. TOY | NY Times

A TWO-BEDROOM apartment on the Upper West Side is listed at $1.595 million and sells within two weeks after nine prospective buyers race to outbid one another, ultimately pushing the price to nearly $1.8 million.

Read full article here.

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Mortgage Rate Update
November 16, 2009



Regular Mortgages



Jumbo Mortgages

Source: BankRate.com

View: three months

 

5/1 A.R.M.        4.09%
15-Year Fixed  4.60%
30-Year Fixed  5.02%

 

 
 

 

 

5/1 Jumbo         4.77%
15-Year Jumbo  5.39%
30-Year Jumbo  5.89%

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New Development News - 80 DeKalb
November 12, 2009




80 DeKalb Avenue

Committed to sustainability, 80 DeKalb is one of the only rental buildings in Brooklyn targeting LEED certification and will be among the newest residential buildings in the borough.

Located on DeKalb Avenue between Hudson Avenue & Rockwell Place in Fort Greene, the building borders both the BAM (Brooklyn Academy of Music) Cultural District as well as Fort Greene’s noted Historic District.

The building’s unique architecture features an angled metal and glass facade and is accented by large terraced setbacks at the upper portion of the building. High ceiling and oversized windows give the tower a slender and luminous quality, and will provide residences with abundant light and open panoramic views of downtown Brooklyn, the Manhattan skyline, Statue of Liberty, New York Harbor and historic brownstone Brooklyn.

Designed by renowned architect Costas Kondylis, 80 DeKalb is the first residential tower built by Forest City Ratner Companies (a Brooklyn based development company).

80 DeKalb is convenient to transportation near the B, M, Q, R, 2, 3, 4 & 5 Trains all within a 5 block radius.

Number of Units: 365; 36 floors

Unit Mix Type: Studios, 1 Bedrooms, 2 Bedrooms

Price Ranges:
Alcove Studios from $1,955
1 Bedrooms from $2,255
2 Bedrooms from $3,400  

Amenities: 24-Hour Doorman, On-site Valet Service, Full-Time Live-in Superintendent, State-of-the-Art Private Fitness Center, Yoga Studio, WiFi, Resident’s Lounge with Entertaining Kitchen and Fireplace, Sundeck, Screening Room, Bike Room, Ground Floor Retail Space, On-site Parking Garage

Interior Apartment Finishes: Apartment Finishes include High Gloss White Thermofoil Custom Cabinets with Squared Edges, Polished CaesarStone Countertops with Full Height Viscaya Glass Tiled Backsplashes, Polished Chrome Fixtures, Stainless Steel Kitchen Aid or Summit Refrigerators, Stainless Steel Whirlpool or GE Gas Range Ovens, Stainless Steel Whirlpool Microwaves and Dishwashers, Bathroom Finishes include Crema Marfil Honed Marble Shower Tiles, Sant’Agostino Ceramic Matte Finish Floor Tiles, Custom Japanese Elm Wood Grain Vanities with Undermounted Kohler Sinks and Honed Quartz Countertops, Kohler Fixtures, Toto Commodes, ASKO Stackable Washers & Dryers in all Apartments, some Apartments with Private Outdoor Setback Terraces, Oversized Windows, Wide Plank Maple Wood Flooring (FSC-Forest Stewardship Council), 9ft–11ft Ceiling Heights, Windows with UV Protection, North, South, East & West Exposures.

Visit: www.dklb.com

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