NYC Real Estate & Lifestyle News

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 U N E   2 0 1 8 NYC Real Estate + Lifestyle News

Welcome to NYC real estate lifestyle news, a bi-monthly newsletter focusing on outliers and market disruptors. All feedback is welcome and encouraged. Thank you all for your continued support and referrals, I look forward to this next chapter together. If we haven’t connected in in a while please reach out I would love the chance to catch up.

Sincerely,

Market facts and update.  We are experiencing a much slower moving market now. Downward pressure on pricing may get artificially exaggerated by impatience. Asking prices are down and negotiability is common. You can price in potential further price drops as insurance, possibly with an upside. Financing is still cheap and available: credit dries up in recessions. Buyers have more choices. In the past they had to pick ‘the best of’. Inflation: all costs are rising, especially labor and materials. Big City inflation is usually higher. Tax benefits: yes they may be smaller, but they are still important.
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F O R  S A L E  |   11  N O R T H   M O O R E  #6 B  | $ 5 , 9 9 5 , 0 0 0

TRIBECA | 3 Bedroom | 3 Bathroom 

Renovated to the highest degree, this bespoke residence redefines luxury living in a coveted new condominium building in the heart of Tribeca. Absolutely no expense was spared or detail overlooked in the stunning designer renovation of this modern and bright 3 bedroom, 3 full bath condo. Majestically scaled, graced by tall ceilings and luxurious seven-inch wide-plank herringbone floors and four floor-to-ceiling, west-facing windows.

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S U M M E R  C A L E N D A R   2 0 1 8  |  N Y C
Head outdoors for perennial summer favorites like Shakespeare in the Park, the Big Apple Barbecue Block Party and Pride Week. There are open-air music festivals too, including SummerStage, NY Philharmonic’s Concerts in the Parks, Celebrate Brooklyn and the Brooklyn Hip-Hop Festival. Down in Coney Island, the New York Aquarium opens its long-awaited Ocean Wonders: Sharks! exhibit; other can’t-miss displays this season include images of Iranian women at the Bronx Museum, a photo show on queer identity at the Leslie-Lohman Museum and Alberto Giacometti’s sculptures at the Guggenheim.
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C  A T A C O M B S    B Y   C A N D L E L I G H T S   |  N O L I T A
Catacombs defined: human-made subterranean passageways for religious practice. Any chamber used as a burial place is a catacomb, although the word is most commonly associated with the Roman Empire. Beneath the Basilica of St. Patrick’s Old Cathedral are the only catacombs in Manhattan and one of only a handful that exist in the entire United States. It is by far one of the most significant collection of tombs in the country historically. Underneath the nave of this 200 year old church are the crypts that have been a silent witness to the many struggles and accomplishments of prominent New York Catholics.
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C R Y P T O C U R R E N C Y  A N D  B L O C K C H A I N  | E X P L A I N E D

There’s no doubt that 2018 is shaping up to be a coming-out year for blockchain and cryptocurrency in real estate.

We’re hearing about more and more deals closed by real estate agents using cryptocurrency, and blockchain-enabled real estate startups are seemingly cropping up on a weekly basis. The industry’s level of interest is approaching a fever pitch.

While exciting, the concepts behind this explosive trend are hard to grasp and can be confusingly abstract.

A clear explanation of the key concepts — cryptocurrency, blockchain, coins and tokens — and their primary applications to residential real estate will not only clarify the trend but also will help you begin figuring out how to leverage it in your business.

CPROP is a blockchain-powered digital transaction management platform built to help real estate agents facilitate and manage long-distance deals.

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M I C H A E L   B E J Z A K 
Licensed Associate Real Estate BrokerOffice: 212.352.6212
Mobile: 917.270.9212
mbejzak@elliman.com111 Fifth Avenue, New York, NY 10003

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