REAL NEW YORK REPORT RECORD SALES

NEW YORK, January 19, 2023 /PRNewswire/ — REAL new York ended the year strong, reporting over $176 million in sales transactions and over 3,000 rental transactions in 2022. REAL new York also announced the sale of the Milk Factory at 850 Metropolitan Avenue at a near-exact sale price of $34 million. In addition to selling all condominiums, REAL New York’s The sales team achieved nearly the top three selling price per square foot in East Williamsburg $1,700 per square foot. Jennifer CareySales manager at REAL new YorkPraising the team, noting, “We were proud to have worked with 850 Metropolitan developers as their exclusive agent before the project started in late 2019.”

Additionally, 2022 will be REAL new York launched sales at 66 Reade Street, Tribeca’s newest boutique luxury condominium, and The Avant, an art-inspired new condominium development in the East Village. Designed by ROART, a new YorkArchitecture and design services company 66 Reade Street is a Grade II Listed property converted into a six storey building containing five exclusive contemporary residences and a penthouse $50.995mm to $70.995mm. Residence #4 closed with a final asking price of $60.375mm. The Avant has one and two bedrooms, from $1.24MM to $2.15MM, with unique outdoor spaces in select residences.

On the rental side, the company held its own with a comparable transaction volume compared to the previous year, even in the face of ongoing economic uncertainties after the COVID-19 pandemic. REAL new York is the exclusive leasing and marketing agent for rental developments across the city – including 60 West 125th Street, 171 Chrystie and 212 West 124th Street – and also has exclusive partnerships with developers at 63 Pitt Street on the Lower East Side and at 200 East 23rd secured Street in Gramercy, which is scheduled to start in early 2023.

The company once again exceeded annual recruitment targets, onboarding new agents and expanding and solidifying all management departments, including operations, sales and marketing. in the management team, Jillian Vaccaro was appointed Chief Operating Officer. Seth Kessler was appointed commercial manager. Seth has over 16 years of commercial real estate experience – specializing in representing landlords, real estate developers and retailers. The company’s marketing department grows with the addition of Md Kamruzzaman. Md comes from a brokerage firm specializing in the marketing and sale of notable luxury new developments in NYC. As Marketing Manager, Md. Kamruzzaman will bring extensive experience bringing new developments to market under the REAL New York brand.

Regularly throughout the year, as part of their Landlord Forum, co-founders Robert Rahmanian and Ludwig Adler met with over 300 other landlords and developers to discuss the real estate market and issues facing building owners everywhere NYC. Guest speakers included the Lieutenant Governor Brian Benjaminstate senator Joseph Addabboand lawyer Alexander Fotopoulos by the KF Legal Group. Robert and Louis are optimistic about the future and look forward to further expansion in 2023. “Now more than ever, our clients, agents and owners crave a forward-thinking, technology-driven experience powered by honesty and transparency, and we are here to deliver.”

REAL new York is a residential and commercial real estate brokerage firm that was born out of Manhattan Roots, with knowledge and expertise that extends to every district NYC. To learn more, visit her website at realnewyork.com.

SOURCE REAL new York

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