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Category: Luxury Real Estate

Why should you buy an apartment in East Village?

There are many reasons why one might want to buy an apartment in East Village, including the shopping, the fine dining, and the culture in this neighborhood. This guide will outline the reasons why someone might want to buy an apartment in East Village. 

East Village — which is located in the Lower East Side of Manhattan — is an especially vibrant neighborhood that anyone would be lucky to live in. It offers a lively urban experience and several luxurious amenities, which has made East Village one of the most popular locations for people looking to buy an apartment in New York City.

In this article, we will explore some of the key reasons why you should consider purchasing an apartment for sale in East Village. We’ll also go over the main differences between living in a condo and living in a co-op, and why buying a condo or co-op in this neighborhood could be an excellent investment for you and your family.

Why buy an apartment in East Village? 

First and foremost, East Village is one of the most sought-after neighborhoods in Manhattan when it comes to apartments, condos, and co-ops. This area is known for its diverse population, trendy restaurants and bars, exciting nightlife, and charming residential streets. It has a unique blend of cultures, history, and architecture that’s truly unmatched. You’re sure to have a unique experience when you live in East Village in comparison to anywhere else in the city. 

Great Location 

One of the biggest advantages of buying an apartment in East Village is, of course, the location. The East Village neighborhood is located in the very center of Manhattan, which means residents can easily access all of the major entertainment attractions and amenities New York City has to offer. Whether you want to walk around Central Park, catch Wicked on Broadway, or explore this part of the city’s countless museums and art galleries, East Village puts you in the middle of it all. Public transportation options are also quite abundant in this neighborhood, so you and your family members or roommates will be able to get around the city with ease.

Smart Investment Opportunity 

Buying an apartment in East Village is also a very smart financial decision if you’re willing to pay the initial price. Real estate prices in this neighborhood have been on the rise in recent years, and according to predictions from experts, this trend will continue on in the future. This means that buying a condo or co-op in East Village may be a great investment opportunity for you and your family, as you should be able to obtain a significant return on your investment after you’ve lived there for a while.

Shopping 

East Village is truly a shopper’s paradise. It offers a number of notable high-end stores and boutiques that feature everything you could ever want — from vintage clothing and quirky home decor to beautiful handmade jewelry and unique artisanal foods. One of the most popular destinations for shopping in East Village is St. Mark’s Place, which is a bustling street lined with specialty shops. Here, you should be able to find everything from punk rock clothing and cool records to Japanese toys and exotic spices. It’s definitely worth checking out if you decide to buy an apartment in East Village!

Fine Dining 

East Village is also quite the culinary hotspot. If you’re a foodie who enjoys trying a lot of different types of cuisines, you’ll absolutely love it here. Notable fine dining options in East Village include Noreetuh — a Hawaiian-inspired restaurant serving dishes like spam fried rice and loco moco, and Cafe Mogador, which offers Mediterranean-inspired cuisine and a lively atmosphere. Whether you’re in the mood for an intimate tasting menu or a restaurant that will provide you with the classic New York City experience, East Village is sure to satisfy your palate.

Rich Culture 

The East Village neighborhood is steeped in history and culture. One of the most popular features of this neighborhood is its unique arts scene, which has been a haven for avant-garde artists and musicians for decades. Many of the city’s most famous artists and writers — most notably Allen Ginsberg, Jack Kerouac, and William S. Burroughs — lived and worked in East Village during the 1950s and 60s, and their legacy can still be felt today. If it’s culture and history you’re looking for, East Village might just be a great fit for you! 

What are the housing options like in East Village? 

Another advantage of buying an apartment in East Village is the variety of different housing options available. Whether you’re looking to buy a condo or co-op, there are plenty of options to choose from — and BARNES New York is here to help! Condos in East Village typically offer modern amenities and luxurious views of the city that you definitely won’t want to miss out on. Co-ops, on the other hand, offer a more affordable option for those looking to buy a home in East Village. They differ a little bit from traditional condo since co-op don’t allow you to own the space in itself but rather shares in the co-op company, and have stricter requirements for prospective buyers, but co-ops can be an excellent long-term investment, so it’s well worth it.

Summary 

If you’ve been looking to buy an apartment in Manhattan, East Village is a neighborhood that you should definitely take into consideration. The location simply can’t be beaten, and it offers diverse housing options and strong investment potential as well. With its plethora of culture and entertainment, East Village is sure to give new residents an especially unique living experience. So, whether you’re looking to buy a condo or co-op in this bustling part of the city, now is a great time to start exploring all of the exciting opportunities this neighborhood has to offer. Contact us today to find out more information about how you can purchase your dream apartment!

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What kind of housing is available in New Jersey? 

When most people talk about the state of New Jersey, they usually refer to it as New York’s sibling, a small state that mostly has value because it is so close to the Empire State. But that couldn’t be further from the truth, especially when it comes to housing in New Jersey.

The truth is that New Jersey has a slew of great features, locations, businesses, and stunning vistas that can only be found there. It’s so much more than a state that is just close to New York, it is a great location to start a company, settle down, create a family, and enjoy your golden years of retirement. 

Since its admittance to the union back in the 1700s, New Jersey has actually been one of the most popular states. Millions of people move there every single year, looking to make a new start in a state that has brought success to so many others. That means that the real estate market in Jersey is always bustling and offers excellent business opportunities.  

Because of all that attention and the way that people seek out New Jersey, it is sometimes hard to find a good place to live when making the move. That is why you should know a few things about the state before you pack up and plant your flag there. You should be aware of what housing and properties are available for you and your family, and you should also be aware of the prices for them. 

Let’s take a deeper look at all that New Jersey has to offer and give you a good idea of where you will be living when you make the move to the Garden State.  

Why move to New Jersey? 

There are in fact so many reasons to move to New Jersey. Beyond its premiere location on the eastern seaboard of the United States, Jersey is also a wonderful place to raise a family. It is home to a great number of employers and businesses, and also offers a lot of ways for people to start their own businesses.  

New Jersey is also gorgeous with many great state parks, offering greenery and many outdoor activities.

But if you are planning to move to Jersey, you need to know what sort of residence you will buy. And when it comes to that, there are quite a few options.  

What Housing & Properties can you buy in New Jersey? 

You will have quite a selection to choose from when you are looking for housing in New Jersey depending on the sort of homes you’ll be living in. Let’s take a deeper look at some of the most popular places that people buy when they are making the move to New Jersey. 

Condos 

Many New Jersey residents make their homes in condos. For years now, this has been one of the most ideal ways to live a more urban lifestyle. According to Redfin, there are many condos in the state that are selling for upwards of $2 million, although you can also find a condo that will sell lower than that, with a median sales price of $639,500. 

Condos are a great choice for smaller families or up-and-coming single people. New Jersey’s condos are also very attractive for those in various business sectors, including the blossoming tech industry that is high-paying and often requires a commute into the city. Because of that, you will find that many of the best condos in the state are in the biggest cities, such as Union City, Jersey City, Hoboken, and others.  

Townhouses 

A townhouse is a good choice for any family that is looking for housing in New Jersey. Much like an apartment, they are usually built within a complex filled with other townhouses. But they are high quality and large and many people spend decades living in a townhouse. 

Townhouses are more expensive than apartments. You can find a good number of townhouses in New Jersey that are selling for close to $300,000. The average price for most listed New Jersey townhouses are typically about $320,000. This is a sizable investment but it’s also the sort of residence that you can spend years and years in. 

Gated Communities 

Why would you want to live in a gated community in New Jersey? For a number of reasons but mostly because the homes in these communities are expertly made, gorgeous to look at, and offer a quality living environment. Gated communities are just that: communities that remain behind stable walls. For that sort of security and stunning workmanship, you will usually be paying over $1 million for a spot inside a gated community. But with that price, you will get a lot of great value and very modern properties.

Single Family House 

According to 24/7 Wall Street, the value of a typical single-family home in New Jersey is about $500,000, which is towards the high end when compared to other states in the union.  

With a real estate market that is on the grow and always busy, you will have plenty of homes to choose from when moving to New Jersey. While the price might be higher than it is in other parts of the country, it’s a very smart investment because New Jersey is such a popular and promising state for anyone wanting to stay close to the city while enjoying a less dense environement.

Summary 

New Jersey has remained one of the most beloved and popular states in America for decades now – and for good reason. If you and your family are ready to make a home for yourself in the Garden State, you should contact the experts at BARNES New York. We have long studied real estate markets all over the tri-state area and we are ready and eager to help find a place in New Jersey that is gorgeous, comfortable, and completely yours.  

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What are the best real estate brokerages in New York ?

New York City, the most populous city in the United States, is famous all over the world. With endearing nicknames like “The Big Apple” and “The City That Never Sleeps,” NYC is a location that will never go out of style when it comes to buying and selling real estate. As a result, the demand for properties is perpetually high—among some of the highest worldwide. One the best real estate brokerages, BARNES New York, is here to assist in navigating the complexities of this unique city.  

During the earlier stages of the Pandemic, real estate agents were unable to work as effectively, if at all, and sales dropped by 54.1% in Manhattan; however, toward the end of the year, New York came back to life, and buyers have come back strong. However, this poses a challenge for individuals searching for the right place for them, as the demand may be higher than the supply. 

The BARNES New York branch is prepared to provide services for buyers looking to invest in NYC both locally and from afar. This branch has over 10 years of experience and is dedicated to providing reliable services to clients without breaking the bank, hence its reputation as one of the best real estate brokerages. In addition, our multilingual team is ready to assist you with your real estate needs, regardless of your current location. 

Why should I buy in NYC?  

Individuals looking to invest in luxury properties should consider New York City as a strong option, as the “City so Nice They Named it Twice” will also never go out of style. Countless attractions are easy to get to via subway, such as Broadway shows, sporting events, and world-famous restaurants.  

While the pandemic may have negatively impacted the market, prices are now back to their baseline, which allows wealthy individuals to invest by purchasing a home in the city that could be used as a rental property for extra income or even as a vacation home! The real estate companies of New York know the value of the city, as it continues to increase in population, despite its relatively small size. 

One of the unique features of NYC is that it is a popular destination for vacationing at all times of the year. Summers are mild, and there are plenty of opportunities to travel on foot and visit beautiful parks and restaurants. New York is also popular in the winter, especially around the holiday season, as it is known for its vibrant decorations and traditions. As a result, a buyer looking to invest in a luxury property will likely have an excellent return on investment, regardless of how the property is utilized. 

There are two images, the one on the left shows an overhead view of New York with the magnificent Empire State Building on a sunny day, and the one on the right shows a wide avenue with trees.

Why should I hire a Broker in New York? 

Real estate companies in New York are basically a dime a dozen. While real estate agents can be extremely useful to those looking to purchase luxury homes, we recommend utilizing a brokerage company, as brokers tend to have more experience compared to real estate agents alone. While both brokers and real estate agents are licensed to assist with the buying and selling of property, brokers receive additional training to earn a broker license. 

More specifically, a broker can help you find the type of place you’re dreaming of in NYC. The buyer provides information on the type of space they are looking for and any stipulations regarding amenities, location, number of rooms, etc.  

Although New York is extremely popular, real estate can be challenging to navigate, especially with all of the different neighborhoods the city has to offer. As the value of properties in NYC increases, the number of places available for purchase decreases. Our agents at BARNES are familiar with the differences among the city boroughs and can help guide you to places that fall within your parameters of interest. This is the reason why the agency is one of the best real estate brokerages.

While some properties can be researched online, it can be both challenging and time-consuming to find what you’re looking for independently. The BARNES New York team has over 10 years of experience in the city and is ready to assist you with your real estate needs so that you can find the perfect purchase for you.  

Why choose BARNES over other real estate companies? 

BARNES is an international company dedicated to helping you find luxury properties all over the world. While other real estate companies are often limited to particular regions, BARNES manages luxury real estate in 15 different countries.  

Although BARNES has numerous agency locations, we are strongly based in France and pride ourselves on assisting customers with multilingual services. In addition to our Paris location, we have plenty of offices in other major cities, such as New York, Barcelona, Geneva, and London. As a result, individuals who are interested in purchasing or selling properties across the world can feel confident utilizing our services, regardless of their location at the time of the transaction. It is this internationalization that makes Barnes a very good brokerage.

BARNES offers a variety of services for our French clients as well as clients of other nationalities. This standard is upheld in our NYC office for any buyer looking to expand his or her real estate to The Big Apple. 

What kinds of services does BARNES have to offer?  

Clients looking to buy, sell, or rent properties can utilize the expertise of BARNES agents to help with a variety of needs. Whether you want to manage your property for renters, invest in a commercial property, or sell your vacation home to relocate to another country, we provide services to help you feel comfortable and confident with your decisions. 

In addition, BARNES is here to help you manage your property. We provide advice for charging rental fees that will make you the most money and are even able to advertise your property to help you acquire tenants as soon as possible. BARNES is also available to collect rent, begin eviction processes (as needed), and manage the property’s day-to-day maintenance and financial needs. 

Are there any other special services?  

Our services are unique compared to other real estate agencies in New York. For example, BARNES Yachting can assist clients with making informed decisions and plans for chartering a yacht. Clients looking to buy, sell, manage, or even create a yacht of their own would benefit from having BARNES on board. 

Another interesting perk of choosing BARNES is the ability to have your air travel needs, or even your aircraft, managed as well. BARNES Private Aviation department allows for truly luxurious travel, with options for flying within your own time constraints to the location of your choice. In addition, we offer our clients’ transportation to and from the aircraft before and after reaching the desired destination.  

Additionally, we offer support for individuals interested in purchasing a vineyard. While the wine industry can be complex, our agents will help you find the right vineyard for you and provide support for navigating vendors and brands within the field so that you can build your business effectively. Purchasing a vineyard is a large investment; our agents are here to help you feel confident in your decision-making. 

Many patrons who visit or live in New York City also have a passion for the arts. BARNES Art Advisory offers support for individuals looking to buy or sell works of art. We can even assist with the transport and installation of works of art. We are passionate about the art industry and even have a showcase in our New York office.

There are four pictures which represent the extra-activities proposed by BARNES : yatching, iXAir, Art Advisory...

What makes BARNES different from other NYC real estate companies in New York? 

BARNES has been working in the United States for over 10 years and is commissioned to offer specialized services for properties across NYC. Our team of experts is truly multilingual and consists of brokers and agents who can speak English, French, Spanish, Italian, Portuguese, Russian, Greek, Serbian, Croatian, and Mandarin.  

That means you can feel comfortable managing your New York City property from the comfort of your home in France (or anywhere else in the world) with no need to worry about language barriers. We combine the knowledge and skills of international agents and local agents to meet our clients’ needs. This is what contributes to the reputation of our agency as being one of the best real estate brokerages.

In addition, we are available to help you effectively manage your investment from abroad. Our agents can represent you from afar through our customized services so that you can manage your property without leaving home. 

For those looking to sell property in NYC, BARNES will help you find your buyer without any stress. Given our wide range of offices, BARNES has connections worldwide and the ability to showcase your property both domestically and internationally. Additionally, we provide rental management services for those looking to make a commission off of their luxury investment.  

Overall, BARNES New York is an excellent choice for individuals looking to invest. Whether you are trying to buy or sell a home, invest in a field you are passionate about, or explore the world, BARNES is here to assist and can be utilized for multiple real estate needs. Luxury property can still be affordable, and we are ready to help you find your dream home in NYC and abroad. 

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What is the housing price in Brooklyn?

For aspiring homebuyers, New York is an ideal place to invest in. Besides being known for its incredible sights and sounds, New York also offers an abundance of historical estates for those who want their homes to have character and charm. On the other hand, a previous look at ’Buying New Real Estate Development in New York’ has also shown how brand new buildings and modern apartments come with the advantages of convenience and upgraded amenities. In this article, we will learn more about housing prices in Brooklyn.

Regardless of which type of property you want, Brooklyn is a particularly popular option among the five boroughs in New York. Its residential areas are characterized by a blend of history and modernity, while still retaining the strong sense of community that’s otherwise lost in urban living. As such, here’s what you need to know and expect about housing prices in Brooklyn.

What is the current housing market like?

Since New York is a densely populated city, many find the housing market to be fairly daunting. However, as an article by Curbed on housing market expectations for 2023 notes, home prices in New York have fallen slightly to 6.3%*. Compared to the previous year’s record-high rates, interest rates are also forecasted by real estate expert Jonathan Miller to fall just below 6%*.

* Data from Curbed “What Should New York Homebuyers Expect in 2023?” by Adriane Quinlan.

Specific to Brooklyn, data from PropertyShark states that the median home sale price is $769K, indicating a 3.8% year-over-year decrease. Meanwhile, the median price per square foot saw a 7.4% year-over-year change at $890.*1

*1 Data from Property Shark “Brooklyn Real Estate Market Trends”

Which factors affect housing prices?

One of the main factors which affect housing prices is the age of the property. While older, more run-down apartments are generally cheaper, it’s a different story when the apartment that you’re eyeing is landmarked for historical preservation. Brand new apartments will of course be relatively more expensive, but the price increase may vary depending on the upgrades.

Another factor that can significantly influence the cost of an apartment is its location. Prices can be steep when properties are close to shopping centers and public transit, and Brooklyn is connected to Manhattan by several rapid-transit tubes. Appraisers also look at the neighborhood comp and nearby employment opportunities when determining housing values.

Which Brooklyn neighborhoods can I look into?

The right Brooklyn neighborhood for you may depend on your budget and the type of apartment you’re looking for. For example, DUMBO (Down Under the Manhattan Bridge Overpass) has several industrial and warehouse complexes that have been transformed into luxury residential lofts over the years. It’s a trendy neighborhood where business, art, and leisure meet, and where 1-bed, 1-bath condos start at $995,000.

For those in search of an area that’s rich and brimming with history, try looking into Brooklyn Heights. The New York Times has written about how this neighborhood is becoming increasingly coveted these days — not only due to celebrity sightings but also because of its picturesque streetscapes and historically rich architectural styles. If you go through our official property finder for Brooklyn Heights, you’ll find that 1-bed, 2-bath condos start at around $105,000. However, large houses along Fifth Avenue that boast over 15,000 square feet of living space can go up to $80,000,000.

While median prices in Brooklyn are slightly higher than median prices in New York as a whole, BARNES New York is here to help you find the best possible offer for the apartment that meets your budget, needs, and lifestyle ambitions.

You can choose to view the website first for our wide range of property listings before our agents who are equipped with real estate knowledge and negotiation skills reach out to you. We can also help clients locate properties with cost-efficient utilities in order to maximize their investment and save costs in the long run.

by Reese Jones

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In the Media – Interview of Yann Rousseau by French Morning

What is the real estate market like in New York and its surrounding areas in 2023?

Read this article on the current state of the New York real estate market by French Morning. In this article in French, Yann Rousseau, Managing Partner of BARNES New York, gives his insights on the state of the market as well as the most sought-after neighborhoods in the city and the financial stakes behind a purchase.

Read the article on French Morning:

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“Invest in New York” conferences in Brazil

BARNES New York and Ricardo Lowndes Dale hold two conferences on real estate investment on March 20th in Rio de Janeiro and March 22nd in São Paulo. The events were followed by a happy-hour cocktail and met  with a lot of success.

Yann Rousseau (Managing Partner of BARNES New York, Westchester & Connecticut) and Adrien Gouirand (Consultant at BARNES New York) spoke in Rio de Janeiro and Sao Paulo to present the New York real estate market and its opportunities, new developments projects as well as an introduction to the buying process in the US and how to invest abroad.

The main topics discussed during the conferences were:

  • The right time to buy
  • The state of the real estate market in New York
  • The buying and financing process in the United States
  • The opportunities in new developments

What is the current state of the real estate market in New York?

Despite the US recession, we do not expect prices for existing properties in New York to decrease. However, the real estate market might experience a slight drop in supply and demand. Currently, the euro is recovering against the dollar and new constructions increasingly stand as very good buying opportunities for both resale and rental.

What are the most popular types of property?

New York consists of various neighborhoods that are very different from each other, whether in Manhattan or Brooklyn, but among them, neighborhoods such as TriBeCa, the Upper East Side, Midtown and Soho are very attractive. As for Brooklyn, the districts of Dumbo, Caroll Garens, Gowanus or Cobble Hill are very popular.

In addition, new developments are becoming the new trend, because they offer many advantages in terms of finishes, equipment, tax exemption and rental/resale potential. This type of modern, new property is becoming the new target of many buyers. Many clients also seek a family-friendly aspect in a home with more space, which is why multifamily buildings are also highly sought after by families or investors alike. Finally, do not neglect the pre-war buildings, which are also in great demand for their charm and their reduced costs.

A friendly event that caused a sensation

Following the conferences, a short questions and answers session took place, followed by a happy hour cocktail between all the guests to network and learn more about the New York real estate market in a relaxed and chic atmosphere.

Who are the best real estate agents in New York?  

New York City is bustling with opportunities for the buying and selling of property. It can be overwhelming to navigate the market, and finding the right real estate broker for you may prove to be a challenging task. Buyers want to ensure they are receiving top-quality service from their real estate agent and getting the best return on their investment. BARNES New York has some of the best real estate agents in New York City and offers a plethora of services to our valued clients.  

The luxury real estate niche is booming in NYC. Buyers looking to invest in high-end properties should consider finding a real estate broker specializing in luxury properties, as there are factors to consider that may not be as relevant with other types of transactions. We are a real estate company that assists clients with buying, selling, and managing luxury properties in the New York area as well as all over the world, and we offer a multitude of experienced real estate brokers to assist you with navigating the market. 

BARNES is an international, multicultural company equipped to assist buyers living in France, the United States, and other nations with the complex needs of working with luxury properties. We offer the best real estate agents in New York because we have a specialized team with diverse backgrounds, education, cultures, and experiences worldwide. 

What types of experiences do BARNES real estate agents have?  

Our BARNES New York team has been established in New York City for over 10 years. Although this branch is relatively young, many of the team members have extensive experience with property transactions around the world. For example, our managing partner, Yann Rousseau, has completed over 350 transactions since 2013, and some of our agents have over 20 years of experience working in real estate. Our long-standing dedication to the field helps us to provide outstanding service to our clients. 

In addition, our BARNES New York & Westchester team brings a wide variety of educational backgrounds and experiences to real estate transactions. Several of the team members have graduate-level degrees in subjects such as law, environmental engineering, and international affairs. These diverse backgrounds inform our negotiations and provide a unique framework for approaching real estate.  

BARNES values relevant experience outside of the field of real estate that can directly impact the quality of a transaction. We believe that we have some of the best real estate agents in New York because we offer services from professionals with a variety of experiences who are well-traveled and well-versed in luxury fields. In addition, our team members have lived in and traveled to many different countries and are used to being engaged in multicultural environments.  

We have team members who have worked with international organizations consistently for the past 25 years. We also have agents with experience in luxury product sales, finance, and travel consulting. Having a diverse range of knowledge and experiences allows BARNES to provide optimal service to our clients. 

How does BARNES provide outstanding service for clients?  

Our agents are passionate about their work and are focused on keeping our clients satisfied. While some real estate brokers solely focus on property transactions, BARNES associates are concerned about all aspects of property management that are important to our clients. We take pride in helping the client get the most out of each investment and have the specialized experience to excel in the navigation of international luxury properties.

BARNES is not simply a company of real estate brokers—we also offer additional services for the acquisition and management of luxury items, such as yachts or private aviation. A major benefit of choosing BARNES is the ability to utilize multiple services without having to be involved with more than one company. BARNES is here to assist you with buying, selling, and managing your luxury properties as well as other high-end investments so that you can feel secure. 

Aerial view of New York under sunset where we can see the Empire State Building.

What makes BARNES unique compared to other real estate brokers?  

New York is a big, thriving city with thousands of residents and countless real estate brokers. BARNES New York is unique in that we have a relatively small team of specialists. We believe that quality is more important than quantity, and we have chosen our team of 26 agents based on their passions, education, and experience with international luxury real estate. 

Buying property internationally can be really stressful, especially if you live quite far from the property you want to purchase. At BARNES, you’ll be able to find a real estate agent who understands how to work with people from all over the world. Many of our real estate brokers are multicultural and have lived in several places around the world in addition to New York City. For example, several of our agents were born in France, and many of them are multilingual. In fact, the many languages spoken at BARNES New York include French, English, Spanish, Italian, Portuguese, Russian, Greek, Serbian, Croatian, Hebrew, and Mandarin Chinese. The comfort of communicating with your real estate broker in your native language is sure to ease some of the stress of making such a significant transaction. 

While we know there are many options when it comes to real estate agents in New York, BARNES is the perfect choice for your international luxury needs, as we offer real-world experience, multicultural and multilingual competency, and a variety of educational backgrounds.  

Many of our real estate agents have lived in New York City for 10 or more years and are passionate about serving the community. We have experience with investment in our own communities and are dedicated to providing service that meets each client’s individual needs. We are ready to support you with your luxury items and are here to provide professional guidance so that you can reap the greatest rewards from your investments.  

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In the Media – Interview of Yann Rousseau in MySweetImmo

Want to know more about the New York real estate market ?

Read this article or listen to the podcast by MySweetImmo. In this article/podcast in French, Yann Rousseau, managing partner of BARNES New York, gives his insights on the state of the market as well as the most sought-after neighborhoods in the city and the financial stakes behind a purchase.

Read the article or listen to the podcast on MySweetImmo:

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BARNES Global Property Handbook 2023

Despite the global economic instability and the return of inflation, luxury real estate has once again proved itself as the ultimate safe haven investment against uncertainty. The BARNES Global Property Handbook, published once a year, gives an insight on the global real estate markets and the most sought-after destinations. This year, the Top 5 of the BARNES City Index is in fact contradictory, with Paris, the european staple, standing at the top of the ranking. Following the French capital are three U.S cities : Miami, New York and Austin. Finally, Dubai takes on the 5th position with its impressive economic vitality.

« Driven by a real business spirit, upmarket buyers are now exhibiting an attitude for diversification, not only in the type of properties that interest them […] but also in their location. From New York to Paris and Lisbon, from Miami to Dubai and Saint Tropez, and from the Atlantic Coast to winter sport resorts », comments Thibault de Saint Vincent, President of BARNES.

In that matter, secondary residences are on a roll. Regarding oceanfront destinations, the most coveted destinations are : Saint Barts for its idyllic landscapes and delicious gastronomy, The Hamptons for their peace and quietness, The French Côte d’Azur for its architecture and elegance, Guanacaste for its natural and cultural heritage and, finally, Mauritius for its tropical climate and unmatched wildlife.

Furthermore, luxury real estate is in constant evolution and some up-and-coming destinations could become tomorrow’s investments and homes. Tokyo occupies the first place of this ranking with its high productivity and property prices that keep rising. The british capital London takes the second place thanks to its growing number of Ultra High Net-Worth Individuals. On the third place, we observe Rome, also called the “Eternal City” that keeps attracting for its Dolce Vita. Monaco, known for its political stability and safety but also its gastronomy, stands right behing Rome. Finally, Madrid is becoming a safe haven for both europeans and internationals.

Read the BARNES Global Property Handbook 2023 (EN)

In the Media – Hell’s Kitchen by LePetitJournal

Want to know more about the neighborhood of Hell’s Kitchen ?

Read this article by LePetitJournal, presenting the history of Hell’s Kitchen as well as its most famous residents. This vibrant neighborhood is full of trendy restaurants, coffee shops, stores and clubs which are all presented in this article. Finally, you will find a sum-up of the area’s real estate prices.

Read the article on LePetitJournal:

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