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REBNY releases new guidelines for in-person showings

Real estate showings will resume when New York City enters Phase Two of the reopening plan (as early as June 22, if everything goes as we hope), but that is not to say it will snap back to exactly the way it was. The Real Estate Board of New York (“REBNY”) launched a comprehensive resource hub early in the COVID-19 crisis, and has now released six sets of guidelines for face-to-face commercial and residential real estate work.

In this article:

Five Six One Pacific Street, 561 Pacific Street
Five Six One Pacific Street, 561 Pacific Street Boerum Hill
Virtual tours will remain in full force, and in-person showings are limited to vacant or unoccupied units. These units must be cleaned before showings, the agent or broker should turn on lights and open doors so clients don’t have to touch anything, and windows should be opened to bring in outside air. Clients are asked to fill out a non-mandatory health questionnaire to determine the possibility of contagion, and showings may be postponed or cancelled without penalty upon any indication of COVID-19 symptoms.

On the days of the showings, everyone's temperature should be at or below 100.4 degrees Fahrenheit. Masks must be worn, and the traditional handshakes should not take place. Only one person may be allowed in the apartment if the unit is too small to allow for six feet of distance at all times.

Large-scale mural in heart of Manhattan honors nurses on the frontlines


Immediate occupancy for 561 Pacific Street; Remaining condos from $725K

561 Pacific Street Brooklyn COndos June 2020 | CItyRealty
Judging by their number of projects, Adam America Real Estate is optimistic about Downtown Brooklyn and its belt of brownstone neighborhoods. Just getting a grasp of the changes that have occurred in the last decade, from Barclay's Center to countless townhouse restorations, it's easy to understand that New York's center of gravity is moving east.
At the cusp of four vibrant Brooklyn neighborhoods, Adam America is putting the finishing touches on a new 63-unit condo at 561 Pacific Street. Alternatively called Five Six One Pacific, the project is a follow-up of their successful condo,The Nevins , and the nearly finished Brooklyn Grove. 561 is supremely sited near Barclays Center, Atlantic Terminal Mall, and pretty much every subway line. Down tree-lined Pacific Street, residents can easily walk to the shopping streets of Park Slope, Carroll Gardens, and Downtown Brooklyn.
A casualty of the building's construction was the loss of a 150-year-old crumbling church, The Church of the Redeemer. While the new building does not possess the spooky intrigue of the old structure, its dynamic look of unordered fenestration, projecting window frames, topped by heaping of balconies, cantilevers, and terraces; make the maroon-colored build one of Brooklyn's more interesting developments.
 
 
 
 
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The building is now ready for immediate occupancy. For the interior, ODA incorporated the Japanese concept of wabi-sabi, or perfect imperfection. The studios to three-bedroom apartments (now selling for $725K) are enhanced by raw natural materials, oversized windows, and bespoke finishes and fixtures. Shared perks include a fitness center, children’s playroom, lounge, courtyard, and a furnished roof deck for one to watch the Downtown Brooklyn skyline grow. While views to the west overlooking bucolic Boerum Hill will be preserved indefinitely, several very tall developments are planned nearby, including for the P.C. Richard and Son site across Fourth Avenue.
The future center of New York

Inside LaGuardia Airport's new Terminal B

 
 
 
 
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Even a global pandemic couldn't overshadow the excitement over the transformation of LaGuardia Airport from “a Third World country” (as former Vice President and Democratic presidential nominee Joseph Biden put it) into an airy, art-filled atmosphere at Terminal B. Governor Andrew M. Cuomo wore a mask to a ribbon-cutting ceremony on June 10, as did everyone else in the smaller-than-usual crowd, and it will officially open to the public on June 13.
Travelers are skittish about flying at this time, but the sheer size of the 850,000-square-foot, four-story terminal allows for more room for social distancing throughout, including areas like check-in, security, and baggage claim. The new hall contains four check-in islands, nine new baggage carousels, and 75 self-service kiosks.

New digital signs will display wait times, and new technology systems will expedite the screening of passengers and checked luggage alike while prioritizing safety. Contact-free technology also plays an important role throughout, and the airport will be cleaned and disinfected to CDC standards.

These measures will be appreciated at any time, as will the four permanent Public Art Fund-commissioned art installations by Jeppe Hein, Sabine Hornig, Laura Owens, and Sarah Sze. The New York City-inspired shopping district and central food hall will include local favorites like Junior’s Cheesecake, Eli Zabar, and Think Coffee.
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New Greenwood Heights condos for sale with a 3-bedroom for $999K

 
 
 
 
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A two-story single-family house at 274 22nd Street in Greenwood Heights has been upgraded into a four-story, four-unit building selling condos at attainable prices. Located a short walk from Greenwood Cemetary and a few blocks from the 25th Street station of the R train, the building is sited within a peaceful corner of Brooklyn that has been receiving growing interest from buyers/renters priced out of Park Slope.

Three of the four upscale residences hit the market in recent weeks, with one unit already in contract. The ground-level apartment is a 2 bed, 2.5 bath measuring a roomy 1,594 ft2 and priced at $1.4M. The duplex comes with a large backyard and deck, and the lower floor has a family room and a laundry room.

The other available unit, #3, is a floor-through 3-bed, 3-bath with two balconies and a separate storage unit. All apartments have modern finishes, hardwood floors, in-unit washer/dryer, and private outdoor space, and low carrying costs.

The building has a common rooftop deck and split-system heating and cooling to keep the climate comfortable. See the listings here

Alicia Glen launches MSquared, new real estate development firm

MSquared Screenshot of MSquared's homepage (https://buildmsquared.com/)
During her tenure as Deputy Mayor of New York City, Alicia Glen was the architect of “Housing New York,” a plan to create and preserve affordable housing units throughout New York City. She brings that experience to MSquared, her new real estate development and investment platform dedicated to creating mixed-use, mixed-income projects in America’s fastest-growing metropolitan areas. The COVID-19 pandemic threw the affordability crisis and wealth gap into sharp relief, and MSquared seeks to be a part of the solution with its new developments.

“MSquared addresses the growing need for cost-effective and quality housing for our essential workers, as well as the need to create affordable spaces for the small businesses, creative companies, manufacturers, artists and non-profits that make cities vibrant and successful.” - Alicia Glen

MSquared will work with local governments, developers, and investors to promote inclusive economic growth, dedicated space for small businesses and community facilities, and affordable housing for a wide range of residents - including the “missing middle,” a group that includes workers whose jobs have been described as essential during this time. All projects will incorporate transit-oriented strategies, green building practices, high-quality and sustainable designs and materials, contextual architecture, and vibrant public spaces wherever possible.

MNS launches “Laptops for Learning” education initiative

Between the COVID-19 pandemic and the unjust deaths of George Floyd, Breonna Taylor, and Ahmaud Arbery (among too many others), a light has been shone on systemic oppression and our communities’ socioeconomic, educational, judicial, and healthcare disparities as never before. New York City brokerage MNS believes that change starts with education and the younger generation, but not all students throughout New York City have equal access to computers and resources. To that end, it has launched a new “Laptops for Learning” program.

“Education is the most powerful weapon which you can use to change the world” - Nelson Mandela

Laptops for Learning kicked off with a donation of 10 Chromebooks to The Institute of Collaborative Education, a 6-12th grade public school. With the help of the United Federation of Teachers’ Peer Index, the program will target New York City’s most in-need public schools to provide students with the digital tools they need. To learn more or make a donation, click here.

New DUMBO project rises at 250 Water Street; Quintuplex apartment to take top four floors

250-Water-Street-03 May 2020 | CityRealty
DUMBO We hope the Belgian block underneath the asphalt is eventually restored
A three-unit building is quietly coming together at 250 Water Street between Bridge and Gold streets in DUMBO. The owner listed is Mier Moore who got a hold of the property in 2008 according to city records. The growing OCV Architects is responsible for the design. The firm handled the design of nearby 4 Water Street in Fulton Landing and the Ponte Residences at 440 Washinton Street in Tribeca.

An axonometric drawing posted at the site shows that the 5-floor, 18,000-square-foot structure will feature large terraces and a ground-level courtyard. There will be three parking spaces, two units on the first floor and a single quintuplex stretching across all other floors according to city permits. A recent visit to the site shows the building is just about topped out.

Would you like to tour any of these properties?
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Or call us at (212) 755-5544
Would you like to tour any of these properties?