Tag: Chanel Korby

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Business Real Estate

The Nassimi Group draws a great crowd at Parlor

Brenda Loloi & Jonathan Loloi

The Nassimi Group — a top 50 award-wining brokerage and development real estate firm — recently hosted a high-profile event at the exclusive members-only club Parlor. Notable attendees included members of the Lohan Family (Dina Lohan, Michael Lohan and Aliana Lohan), Catherine Gray of Project Runway, Comic-Con mogul Gareb Shamus, Brad Gerstman from Gotham Government Relations, and Duce Di Milano Inc.’s Phillip Nassimi. From ladies with the latest design of Manolo Blahniks, Chanel bags, custom jewelry, and haute couture LBDs, to the dapper-dressed gentleman guests, the evening was filled with chic hollywood luxury and glamour.

Said Chanel Korby of The Nassimi Group: “It is important for TNG to support the culture of New York City and introduce our clients to popular destinations in the city. Whether it is a Police Athletic League luncheon, a Sotheby’s Auction, or a real estate conference, we keep our clients engaged.” She added: “The Parlor VIP event is just one way for our team and guests to come together — attending a chic lounge and networking with tastemakers.”

Richard Nassimi also weighed in: “When living in New York, it is crucial to find knowledgeable brokers who can guide travelers through the city with wisdom. It is also the knowledge of the ‘cosmopolitan’ New York lifestyle that defines an elite agent and team which supports the beauty, excitement and inspiration of the city.”

https://www.youtube.com/watch?v=LL5Cp2NXC4k

Categories
Business Real Estate

“Less Is More” — Apartments Go Green

W Residence Condominium
W Residence Condominium
W Residence Condominium

Well-designed interiors are crucial for New Yorkers who want to “live with less” while enjoying a comfortable lifestyle for ease and relaxation.

So here’s a “cheat sheet” for green apartments in New York City:

  • SIMPLICITY

When considering green design concepts, create simplicity, keeping homes clutter and stress-free. In the fast-paced world of New York, living in a tranquil environment with space-spacing furnishings is refreshing and optimal.

W Residence Condominium
W Residence Condominium
  • OPEN SPACE

A pristine white perimeter for your apartment — the dining/living area, kitchen, etc. — should all be contained in one bright, modern, fresh open space with walls of windows. Having a “fresh” and “modern” interior that boasts a design to fit your taste will let your apartment breathe with minimal need for maintenance.

  • ESSENTIALS

There should be only essentials with minimalist clutter-free furniture, such as a living room, that might only have a couch, another chair, a coffee table, a couple of lamps. Or even less — a bedroom with only a simple bed, a dresser, and night stand. Here there is quality over quantity. The fewer pieces of furniture, the better.

  • OUT OF SIGHT

The next step is to think “out of sight.” Except for bare essential furniture, there should be nothing else on the clear floors. Generally, you should store items out of sight — drawers, cabinets, etc. — except a couple of simple decorations. There are also clear surfaces; examples being kitchen counter-tops with only the toaster, a coffeemaker…Note: There should be no knick knacks, stacks of books, or papers.

https://www.youtube.com/watch?v=iyGXRYY5mog&t=7s

  • BARE WINDOWS

Be sure to use plain window treatments with only bare windows, because too many ornate coverings around the windows is clutter.

  • SIMPLE DECOR

The next thing to contemplate is simple accent decorations. Otherwise — a home would be too boring –a simple vase with a few flowers or clear walls with a piece of art, drawing or photo with some bare walls.

The Nassimi Group’s President/CEO Richard Nassimi commented, “TNG supports an efficient green use of space with minimalist modern décor and space-saving furniture, expanding the feel of our furnished apartments for sale.”

Nassimi showcases green apartments with minimalism, as guided by the principles of his celebrity award-winning real estate team. So be sure to consider these hints the next time you consider your apartment design concepts.

https://www.youtube.com/watch?v=r8JGM3ggH0M

 

Categories
Business Real Estate

Investment Properties: A Monopoly Game For Grown-Ups?

100 Barclay / Photo: Ty Cole

100 Barclay / Photo: Ty Cole
100 Barclay / Photo: Ty Cole

“Lower Manhattan is the fastest-growing residential area in the city right now,” said outgoing Economic Development Corporation president Andrew Alper in a New York Magazine interview. “It will go from 23,000 residents to 46,000 — double — by 2008. By 2030, the number we are using is roughly 80,000 people. That’s a pretty good-sized city in most parts of the world.”

So with this steady expansion it seems downtown investment properties are the next big trend in real estate. However, in the mysterious world of downtown investment properties there are more unknowns than knowns. To dive into the fire without guidance, may result in losing one’s pants — or at the very least, leaving the hapless worrier with his pockets fleeced, removed and emptied. “Finding the gems from the rhinestones is not an easy feat. Unschooled buyers don’t know value from gloss, good from bad, even if a deal looks good on paper.” So said downtown broker specialist Richard Nassimi, President and CEO of The Nassimi Group.

https://www.youtube.com/watch?v=iyGXRYY5mog&t=6s

According to Nassimi, investment property deals depend on variables and intangibles and may start, but not end with personality clashes among the players. There must be enough motivation to outbid offers if the buyer believe it’s a worthwhile venture.

Ben Shaoul is a renowned New York City-based real estate owner/developer, as President of the Magnum Real Estate Group, a residential real estate development/management company. In just under two decades, Shaoul has acquired and sold over 100 properties. He has diversified his portfolio from renovating thousands of apartments to developing new high-end condominium properties, commercial buildings and educational facilities.

One of Shaoul’s well-known projects includes the conversion of 140 West Street, Verizon’s landmarked Global Headquarters into luxury condominiums. Michael Stern, the CEO of JDS Development, who also tried to buy 140 West Street rebranded as 100. Said Stern in a Real Deal interview: “He’s got a lot going on but he can handle it. We loved that building and Ben outbid us fair and square. We weren’t far off from where Ben was.”

Chanel Korby
Chanel Korby

And what about a building like 30 Park Place? According to its website, 30 Park Place is the tallest residential tower in downtown Manhattan. It is also the 10th tallest building in New York City. 30 Park Place is the site of the Four Seasons Hotel, boasting sweeping city views with 157 luxury residential units. Consider those properties from New York City skyscrapers, where the tallest buildings will change New York City’s skyline.

Then there’s the property itself…Where is it located? What’s its condition? Does it need a gut renovation or just a new bathroom or paint job? Does Madonna live next door?

There are obvious pros and cons to every deal beyond from market conditions, costs for renovation and location. These are just a few of many factors that drive every real estate decision. How do you predict which investment properties will bring in more money and rewards?

Categories
Business Living NYC Real Estate

Try Before You Buy — A Hot New Trend in Buying New York City Apartments

W New York - Downtown

W New York - Downtown
Those searching for a luxury New York City apartment are often finding them in luxury hotels that often have residences for sale. In turn, many people will familiarize themselves with the hotel’s incredible amenities, checking out attractions, the convenience of the hotel’s location, and whether there’s a refined sushi take-out nearby.

Richard Nassimi of The Nassimi Group has exclusive listings in such coveted hotels and private residences such as the W New York – Downtown and the Andaz Wall Street.

One of New York City’s top 50 real estate brokers for several years — per The Real Deal — Richard recommends trying before buying, because a residential hotel offers potential buyers the unique opportunity to audition an apartment and its location before buying. “Armed with first-hand experience, the would-be buyer can make an informed decision because he will have experienced the building, area and amenities before making a long-term purchase commitment.” He continued: “Imagine how this helps buyers who know little about local sites.”

 

Richard Nassimi
Richard Nassimi

He further explained that the cost of a hotel room does not compare to the expense, time and trauma of making a wrong purchase decision, especially when the buyer is unsure if a particular apartment is right for them. By testing the apartment beforehand, the buyer can address all his concerns before making a commitment. This is a win-win situation for everyone.

Gianfranco Garibaldo, a high-profile international client of Richard’s, was searching for a downtown home recently. Gianfranco viewed a few downtown hotels and residences — his preference — and could not decide between the Ritz Carlton, 75 Wall Street, 5 Beekman and the W. Richard recommended that Gianfranco stay overnight in each of the hotels to “experience” the spaces.

Said Gianfranco: “I had the luxury of actively participating in my search in a novel way. When I finally committed to my decision, I knew that my broker and I did everything that we could to choose the best place for me. It was a wonderful addition to the apartment search besides the market analysis, show-sheet, walk-though, property description and photos that affected my purchase.” He added: “It was the ability to have a hands-on approach to really see what it may be like living in the building together with the wisdom of my broker who knew the properties inside out.”

For more info on Richard and how to “try before you buy,” contact Chanel Korby at 212-571-6300 x212 or chanel@tngny.com.

https://www.youtube.com/watch?v=iyGXRYY5mog