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December 2008 Exceptional Spaces December 17, 2008   Exceptional Opportunities in the sales and rental markets...exclusively from Citi Habitats SoHo 57 Thompson Street, #1C Recent Price Reduction $569,000   Welcome to the famed SoHo district, the epicenter of Manhattan's downtown scene. Rarely, if ever, does an affordable true 1 bedroom with its own approximately 250 SF private garden become available. This is your unique opportunity to own a pre-war cooperative apartment in one of the best and most popular Manhattan locations on Thompson Street: Adjacent to the famed 60 Thompson Hotel and some of the best restaurants/cafes in the city. Close to all major transportation, fantastic live music venues and clubs. This unit has great pre-war detail, a marble bath, dish washer and is ready for a designer's eye. This apartment features high ceilings and a great layout perfect as a starter apartment for an individual or couple. The massive garden awaits your green thumb and is large enough to throw backyard BBQ parties. This cooperative is well managed and has a reasonable board that allows unlimited subletting after only one year of ownership - a rarity in the Manhattan cooperative world. Pets, co-purchasers, pieds-a-terre, guarantors, all are case by case and considered. Fantastic opportunity awaits in your dream SoHo garden apartment!   Citi Habitats web ID 295531 Contact: Scott Elyanow   Comments(0) Filed under: Manhattan, Sales Share Currency Markets Update December 16, 2008   Base currency = US Dollar $ View: month-to-date                     Source: FT.com   Comments(0) Filed under: Manhattan, Market Reports, Sales Share National Overnight Mortgage Rate Averages December 16, 2008   Source: Bankrate.com       Rates may include points         30 day comp: 30 year fixed / 15 year fixed   Comments(0) Filed under: Manhattan, Market Reports, Sales Share Exceptional Spaces December 15, 2008   Exceptional Opportunities in the sales and rental markets...exclusively from Citi Habitats Gramercy Park 205 Third Avenue, Apartment 8T Recent Price Reduction $799,500     This fabulous, large Junior 4 apartment has been wonderfully renovated. From the custom built-ins throughout the apartment with Calcutta marble and granite, the state-of-the-art kitchen with Bosch appliances, cherry wood cabinets, imported slate tiles, to the beautiful Carrera marble bath, you will not be disappointed. No detail has been overlooked including California closets, crown molding, recessed accent lighting, cable remote and surround sound wiring, and exquisite fixtures. All of this in Gramercy Park's most sought after full service building with 24 hour doorman, concierge, landscaped roof deck, beautiful courtyard, fitness center with new equipment, and garage access from the building.   Citi Habitats web ID 637726   Contact: Elaine Mayers       Comments(0) Filed under: Manhattan, Sales Share 60 seconds with...Jay Heydt Posted by Jay M. Heydt December 12, 2008 Question: Given the current economic climate, what advice do you give to clients interested in renting an apartment in Manhattan? Without doubt it’s an amazing time to rent an apartment.      There are plenty of apartments to choose from, and certain owners may be  willing to pay for your moving expenses or broker fees. Deals that may include one to two months free rent are being given out as well.  You put that all together it’s a no brainer!  Prices have come down as well, giving you an opportunity to get even a larger space for your budget.   One good piece of advice is to ask your agent to look out for the latest price reduction list as certain apartments are being priced 20% below market and wind up renting really fast so be prepared to act quickly!     Jay Heydt is the Managing Director of Citi Habitats' Union Square office.     Comments(0) Filed under: Manhattan, News, Rentals Share	RECENT POSTS NEIGHBORHOOD PROFILE – The Upper West Side 20 Questions with Tami Wasserman Five Reasons Why You Still Need A Real Estate Agent Citi Habitats Top Producers Celebration 20 Questions with Elizabeth Hamersley GRAMERCY/FLATIRON Neighborhood Profile Mortgage Rates Fall for Third Week FHA Sets Tighter Lending Requirements RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES May 2010 April 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 Add CitiBlog feed

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