VICTORIA’S VIEW
Insight into Manhattan Luxury Real Estate
With the recent completion
of two conventions, politics
and election 2016 is at the
forefront of the minds of
many as campaign season will soon be in high
gear. Election years can be
challenging for investment
in many segments. All one
has to do is open any major
publication to see myriad
headlines for stories about
how the stock market, business, and real estate will
fare given each candidate
winning.
Campaigns impact consumer psychology because
of the element of uncertainty that characterizes an
election year. Uncertainty
seems evermore present in
this election cycle, and it
is something that strongly
affects consumer behavior. If you can accept a
little uncertainty, you may
be able to find great real
estate opportunities in the
2016 election year.
This is an especially interesting time to think about
the opportunities that may
exist as we are also in the
middle of the summer
season, another time of the
year that can yield buyers
with great deals. Election
uncertainty can reduce the
number of market participants and the summer season historically has a lower
participation rate than other times of the year. Thus,
sellers do not have as many
potential buyers knocking
on their door, and begin to
become desperate if their
property did not sell in the
spring. Additionally, some
become more concerned
with the election looming in
the near future. This combination gives the buyer an
upper hand in negotiating,
often times getting a great
price on the property.
Inventory remains strong
from a buying standpoint,
with an array of options
across price points. The
$1-3M price range continues to see strong activity,
with properties trading in
an efficient timeframe. In
the $3M +, activity continues to be notably slower.
In the upper segements
of the market, correctly
priced properties are the
ones trading. Before you let
the next election headline
scare you, take a moment
to reflect, and seek out the
many opportunities that are
out there, and score a great
deal!
August 2016
VS.
Read our feature on buying during an election
year in New York Daily News
www.thevictoriashtainerteam.com
Contact 917.860.2782 for an appointment
Investor unit with tenant in place. No showings. Gorgeous spacious 5 bed / 4.5 bath
family home with north,south, east, and west
exposures. Amazing views and floor-to-ceiling windows in every room! Loft like living.
The spacious, eat-in kitchen features Italian
cabinetry Varena by Poliform . Double Subzero refrigerator with 4 freezer drawers. Wine
cooler and beverage refrigerator. Double
dishwasher. Kitchen island with wet bar. The
apartment has many large walk-in closets,
marble baths, Front load washer/dryer. 3,500
sq ft of living space. A 5 story Equinox is
downstairs.
255 East 74th Street, 27A
5 BD | 4.5 BA | $9,995,000
This stunning home offers complete privacy on
nearly 8 acres and is centrally located to Bridgehampton and Sag Harbor Village shopping,
restaurants and ocean beaches. This exquisite
residence offers 7 bedrooms, 8 1/2 bathrooms,
a grand entrance hall, formal dining room,
spacious gourmet kitchen with breakfast area,
access to an outdoor dining deck and generous living room with fireplace. The grounds are
equipped with a heated gunite pool, pool house
with gym, and tennis court with viewing veranda.
Completely fenced in grounds with automatic
gates and video surveillance.
1155 Noyac Path, Water Mill
7 BD | 8.5 BA | $4,995,000
A block from Central Park, Apartment 8D
is a truly special 3 bedroom, 3.5 bathroom
duplex in the luxurious Windsor Park condominium building. The living room has 18-foot
ceilings with spectacular views to Central
Park and the city. The magnificent double
height windows fill the apartment with light.
An open kitchen is perfect for entertaining
and is outfitted with top-of-the-line appliances and has a separate island with wine
cooler and dishwasher. A washer/dryer and
utility closet are located immediately off the
kitchen.
100 West 58th Street, 8D
3 BD | 3.5 BA | $4,495,000
Also Available for Rent: $10,500/MO
Transactions
The Victoria Shtainer Team
Recently Rented
117 Ericas Lane, Sagaponack
In Contract
166 Perry Street, 5A
995 5th Avenue, 4S
151 East 58th Street, 37A
30 Park Place, 44E
50 West Street, 20B
1 West End Avenue, 20C
305 2nd Avenue, APT 541
389 East 89th Street, 8A
Anyone Can Tell You How Much Your
Home is Worth.
Contact Us to Find Out How to Make It
Worth More.
Interested in finding out how much your home is worth? Contact us to schedule a confidential meeting to discuss the value
of your property.
P: 917.860.2782
E: [email protected]
www.TheVictoriaShtainerTeam.com
The Victoria Shtainer Team
Spotlight
30 Park Place
THE FOUR SEASONS DOWNTOWN
August is ushering with it the
arrival of downtown’s newest
luxury destination- 30 Park
Place. This address represents
New York City’s first private
residences by the Four Seasons collection. The building, a
collaboration between developer Larry Silverstein and
architect Robert A.M. Stern,
will represent a new standard of luxury living, affording
residences to all that the Four
Season has to offer.
30 Park Place is situated in the
heart of TriBeCa and stands
tall in the downtown skyline
at 82 stories. Given its height,
many of the residences feature
spectacular panoramic views
of the New York skyline. Downtown Manhattan is becoming
a destination for luxury living
with its proximity to great dining and shopping.
The Four Seasons residences
will be a new standard in hotel-style living, a growing trend
in New York that is currently
identifiable in other global cities such as London. Residents
will access to over 40,000
square feet of amenities and
services such as in-room din-
ing, housekeeping, and town
car service. Residents will also
be able to enjoy the arrival
of Wolfgang Puck’s CUT. CUT
marks the arrival of Puck’s first
restaurant in New York. We
anticipate this becoming one
of New York’s hottest spots. If
you are interested in viewing
30 Park Place, please do no
hesitate to contact us.
We discuss 30 Park Place in
Haute Residence-Check it out!
We will be having a 3 bedroom rental coming in the
building. Inquire for details.
Images: 30 Park Pl
The Victoria Shtainer Team
Market Insights
June 2016
*all data taken referenced as of the partial
completion Q3 of 2016, taken on 8.2.16.
Currently
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Recommendations from
The Victoria Shtainer
Team
SHOP
EAT
DRINK
TRAVEL
M
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EXPLORE
ENJOY
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HA M P T O N S
E
TRAVEL
The Victoria Shtainer Team
DUBROVNIK, CROATIA
Where have your summer travels taken
you? For many, summer is all about enjoying the sun and sand as well as great
sights and food along the way.
For those looking for a European vacation
slightly off the "beaten path" Dubrovnik,
Croatia remains a great option, allowing
visitors to experience all the Dalmatian
Coast has to offer. Croatia has many
beautiful desitinations, however, Dubrovnik is easily accessible via airport,
making it a top pick.
Dubrovnik combines beautiful beaches
with crystal clear waters with its historic
old-town to offer a unique travel experience. The old-town, said to date back to
the 7th century, has beautiful architecture
and steep, narrow streets. It is home to all
the restaurants, shops, and nightlife.
Take in panoramic views from the mustdo cable car and be sure to spend a day
relaxing at the Banje Beach club. Other top spots include Cafe Buza and La
Croma. The locals are very welcoming as
they thrive on the tourism industry for their
livelihood.
Add this hot travel destination to your list!
Croatia remains a great value with the
dollar/kuna exchange rate around 6.7
kuna to the dollar.
Images: Wes Holland
Lever House
390 Park Avenue, 14th Floor
New York, NY 10022
The Victoria Shtainer Team is one of the most successful and creative real estate
teams in New York City. With knowledge of new development, design, and market
conditions, the veteran team has proven expertise in helping their clients purchase
and sell condos and coops throughout the city.
• Over a decade of real estate expertise
• Represent buyers, sellers, developers, and renters at multiple price points
• Specialized in the New York, Hamptons, and Miami luxury markets
• Diverse backgrounds including law, banking, and marketing
• Language spoken include Russian, Mandarin, and Spanish
P: 917.860.2782
E: [email protected]
FACEBOOK.COM/SHTAINERTEAM
www.TheVictoriaShtainerTeam.com
@VSHTAINERTEAM
@THEVICTORIASHTAINERTEAM
Contact 917.860.2782 for an appointment