fbpx

Category: New York Real Estate

Discover everything about New York Real Estate, market updates, trendy properties and new developments opportunities you shouldn’t miss. New York Real Estate can be a rollercoaster, and you need to be on top of it. Read our articles presenting you all the recent developments in tern of Real Estate news in new York and things you should absolutely be aware of.

What are the advantages of buying in a new real estate development in New York? 

New York City is always bustling with people who have places to go and goals to achieve. It’s a beautiful city for real estate investment, as it perpetually attracts tenants looking to rent a home for vacation, for a semester of school, or for the long term.  

In addition, NYC is an amazing place to purchase a secondary home, as there are countless sources of entertainment and shopping, most of which are very easily accessible on foot or by public transportation. So whether you are looking for a new home for your family or an investment rental property, BARNES New York has the resources you need to navigate your way through your purchase. 

While NYC offers plenty of historical real estate, there are excellent advantages to exploring new real estate developments within the city, which often include elements of historic architecture in conjunction with the conveniences of modern, upgraded materials and amenities. BARNES New Developments has preferred access to developers. Our team consists of agents with top-notch negotiation skills as well as a thorough knowledge of different parts of the city to help you find your new home.  

How can I save money buying new real estate in New York? 

Some buyers shy away from newer developments because of the price tag; however, luxury purchases are excellent investments. Updated properties offer increased value and are often built better due to the advancement of construction and materials. They know that these details are extremely important when purchasing in the luxury market.  

For example, 35 Hudson Yards was built with hand-picked limestone all the way from Germany, giving it warm, welcoming features. 108 Leonard incorporates majestic, historical architecture and combines it with more modern features to create beautiful units and common areas. Finally, buyers will want to check out 130 William Street, as it features luxurious Italian Pietra stone kitchen countertops. The upgraded materials and intentional features add value to all of these luxury properties and will likely reduce the need for renovations in the near future. These characteristics are one of the advantages of buying in a new real estate development in New York.

Furthermore, other unique details of these new developments certainly add to their value as well. For example, 277 Fifth Avenue offers floor-to-ceiling windows and columns that were intentionally placed along the perimeter of the building to avoid blocking the view. In addition, One Wall Street features tiled mosaics and a landscaped rooftop terrace for residents to enjoy views of the NYC skyline. New York City is known for its beautiful views, and these properties deliver what buyers want to see.  

These features increase the value of luxury residences and therefore tend to increase the return on investment for those looking to rent or sell their property. BARNES New Developments provides our clients with services for buying, selling, and managing these types of properties, and our agents have the knowledge and experience to be able to identify unique features that help elevate luxury buildings in NYC. 

Will I save money on utilities by investing in a new real estate development?  

Newer developments tend to implement more affordable and eco-friendly utilities, saving the buyer money on energy costs. For example, 565 Broome SoHo incorporates a sophisticated curtain-wall system that helps to retain heat in the winter and generate solar energy in the summer. This reduces the cost of energy as well as the negative impact of consumption on the environment.  

15 Hudson Yards boasts an on-site emergency generator, in case of loss of power, that contains efficient boilers to help reduce electric costs. Electricity tends to be one of the most expensive utilities for renters and homeowners, so these eco-friendly implementations can truly make a difference in overall costs and count as one of the major advantages of buying in a new real estate development in New York.

At BARNES New York, we are always on the lookout for properties that offer efficient, low-maintenance utilities to save our clients money and reduce negative impacts on the environment. Additionally, newer developments are able to incorporate updated technologies, such as more efficient energy systems and water-efficient plumbing, to reduce these costs. 

What kinds of unique amenities are included in new developments in NYC? 

Rooftop patio in New York City with a table and chairs standing on a paved area surrounded by green turf overlooking a view of the downtown skyline and skyscrapers

BARNES International Realty recognizes that another advantage to investing in new real estate is the availability of updated, state-of-the-art amenities, which add value to the property. Some of the more popular amenities include services and spaces dedicated to the health and wellness of residents.  

For example, 53 West 53 features a gorgeous dining area that overlooks Central Park as well as a 65-foot lap pool and a golf simulator. It is conveniently located above the Museum of Modern Art and boasts amazing panoramic views. 130 William includes an infinity-edge spa pool, a yoga studio, and a fitness center with a terrace to elevate your health and fitness experience. 200 Amsterdam, located in the Upper West Side, has ‘his and hers’ steam rooms, a yoga and pilates room, and an infrared sauna. All of these amenities add up in value, especially if they are saving you money on luxuries many people typically spend money on, such as gym memberships or billiards clubs. All these savings are true advantages of buying in a new real estate development in New York.

Additionally, many new luxury real estate developments offer other lifestyle services, such as doormen, concierge, and memberships to museums or other venues of interest. The Kent, located in the trendy Upper East Side, offers doorman these services 24 hours per day. Additionally, this development boasts a complimentary one-year membership to the Lincoln Center for Performing Arts. 

7 West 57 offers a virtual concierge so that residents can conveniently schedule services, such as restaurant reservations, by phone or computer. 300 West, located in West Harlem, includes two reception areas and a lobby that is attended 24-hours a day. These types of amenities increase the value of the real estate, as they provide modern luxuries that tenants highly desire.  

Luxury New York City real estate can be overwhelming to navigate, but the opportunity to invest in these new real estate developments makes them worth the thorough consideration. Thankfully, BARNES offers agents who have extensive experience working with luxury properties.  

Our agents are informed of the materials and architectural subtleties that help add value to new properties, ensuring buyers get the best value possible. In addition, we are always on the lookout for unique amenities that will save our clients money and add convenience to their daily lives. If you are considering investing in a new property in NYC, please contact our fantastic team at BARNES New Developments. 

Contact Us

In the Media – The East Village narrated by Laurène Hamilton

Want to learn more about the neighborhoods of New York?

Read the latest article by LePetitJounal, presenting a series of different neighborhoods of the city through the eyes of French-speaking people who live or work there. In this particular article, let us take you on a walk through the East Village neighborhood of New York with Laurène Hamilton, the founder of “Your New York Story”, an organization that specializes in creating tours of the city that combine theater, history and art.

Read the article on LePetitJournal:

Read the article

BARNES New York’s Conference Tour in France – January 2023

BARNES New York is pleased to invite you to its France Conference Tour in January 2023 for conferences on real estate investment in the United States. The conferences are scheduled as follow:

  • Paris – Januray 24th, 2023, 6 pm to 8 pm (InterContinental Paris Le Grand Hotel)
  • Courchevel – Januray 25th, 2023, 6 pm to 8 pm (BARNES Courchevel) – In English
  • Lyon – Januray 26th, 2023, 6:30 pm to 8:30 pm (Tennis Club in Lyon)

Yann Rousseau, Managing Partner of BARNES New York, will present the New York real estate market, the acquisition and financing process, and the current opportunities for new developments in one of the most attractive city on the American continent. The conferences will be followed by a cocktail. Please register for the conference at your location by clicking on the link below:

Register for Paris
Register for Courchevel
Register for Lyon

In the Media – How to buy a property in New York by BARNES

New York is an iconic city. A city in which all cultures, all religions and all generations always meet and interact at the sustained pace of economic and cultural activity. With its dynamism, the city remains one of the most popular international destinations for wealthy families and investors. Discover BARNES’s article about how to buy a property in New York for the French American Chamber of Commerce.

Read the article

What are the regulations for buying a property in New York? 

With its shining lights, skyscrapers, and mix of cultures, New York surely is the place to live. There are plenty of NYC apartments for sale currently, so choosing which to buy is up to you! Buying a new property in New York can seem daunting, as it is a long process with many obstacles throughout. However, this process can be made easy by being aware of all rules, regulations, and steps to take when buying a property in New York.  

Being aware of the regulations that come alongside buying and selling a new house can make the proceeding go much smoother. Knowing what is expected for you and the seller will get you closer to reaching your new New York home with less trouble. Also, following all regulations can help you to avoid extra fees and costs that you would not have paid otherwise.  

What are the important steps when buying a new property? 

As a buyer, it is always a good idea to work with a buyer’s agent who has plenty of experience, especially if you are a novice when it comes to buying homes. Therefore, the first thing you should do when you decide to buy a home is to find a buyer’s agent.  

Prepare all of the documents you will need for an offer and find an attorney specializing in real estate. You can ask your buyer’s agent for local recommendations. Having all of your documents in order will allow you to find any required information quickly and check that all regulations have been followed properly, especially when you’re buying a property in New York.

If you submit an offer for a property and it is approved, your attorney will look over the housing contract on your behalf. They will also scrutinize construction documents, including the first two years of financing the property. Once this operation is completed, you must then make at least a 10% down payment. This is one of the most detailed steps of the process, so it is important to review the listed rules and cautions to be aware of when making the down payment.  

Once you’ve signed the full contract, if financing, you will apply for a mortgage and request an appraisal. The bank will provide you with a mortgage commitment, and you can complete an application to buy the new property.  

The process and regulations for buying a cooperative property in New York are quite different from the regulations of other properties. For example, if you buy a cooperative, the board will first call you in for an interview. If you buy a condo apartment or a house, this process is skipped, and the building will consider the waiver of the right of first refusal, thus allowing you to begin the closing process on the property.  

Many details within the buying process must not be looked over, as this can result in penalties, extra fees, and can add to the time you must wait before owning your new property. 

What is a seller’s disclosure? 

When a homeowner puts their house on the market, they must collect a packet of documents with information about the property. Seller’s disclosures can vary from state to state and county to county depending on their requirements, otherwise known as disclosure obligations. For example, in New York, the seller’s disclosure obligations are divided into 5 different categories: General Information, surrounding environment, mechanical systems, structural elements, and defects. 

The general information that sellers must include in the disclosure would be details such as the age of the house, the property title, and the utility surcharge. In addition, the environment around the property can significantly impact the maintenance, and it must be stated in the disclosure. For example, if the property is located in a floodplain, a wetland district, near a landfill, contains asbestos, or if other toxic substances have been spilled, the seller must report them.  

It must include information about the mechanical systems, such as the utilities, water sources and quality, and the presence of sewers. All defects in the house must be reported as well. Any issues with the plumbing, air conditioning or heating, security, the foundation of the walls, chimney, and patio terrace must be described in detail on paper to the buyer.  

It is your right to receive a full and detailed seller’s disclosure as a buyer. Sellers who cannot provide adequate disclosure can owe money in fees, but the buyer may pay extra money for repairs later down the line.  

Are there regulations for down payments? 

Regulations and rules about down payments may be one of the most important that you come across as a buyer. Many co-ops or condos in New York will require a 20% down payment, although you might be permitted to put only 10% of the purchase price in a few instances. Of course, the more money you initially put down, the less you have to pay by the month.

Any down payment less than 20% of the price will require the buyer to pay for extra private mortgage insurance. Private mortgage insurance is a type of insurance that any buyer will be required to have to take out a conventional mortgage loan. Unlike most types of insurance, private mortgage insurance will protect the lender’s investment in the home rather than the borrower of the loan. On the other hand, private mortgage insurance makes it possible for some buyers to own their new homes sooner. This is because those who put down less than 20% as a down payment on their home will be allowed by the private mortgage insurance to obtain financing. 

PMI is not on the cheap end, though, and it can come with additional monthly costs outside of loan payments. Until the buyers have enough equity in the home and are no longer considered high-risk, they must continue to make large payments to the private mortgage insurance. These can be between 0.5% and 2% of the total cost of the house in a given year. The lower the down payment, the higher the percent of the total cost the buyer will pay to the private mortgage insurance.  

How can I abide down payment regulations?  

The best way to ensure that you will meet the 20% requirement for a down payment on a new property in New York is by having a set budget and plenty of savings before entering the market.  

It is important to decide how much you are willing to spend on your apartment, as well as which accommodations are most important to you. In New York, a one-bedroom apartment costs about $1,110,000 to buy on average in November 2022. A new 4-bedroom home for the family can cost over $3.8 million, making this a high initial down payment.*

Although putting a bigger down payment is generally advised, be sure to save at least 5% more than the down payment you wish to put down to help with repairs that you may need. Always set a limit with yourself and secure your expectations regarding financing. Additionally, it’s best to plan out your financial plan with an experienced mortgage broker to figure out your budget. 

*Data from UrbanDigs

How can I avoid mistakes?  

As stated above, working with real estate professionals can help you build confidence and guide you throughout the process and the regulations of buying a new property in New York. Unfortunately, many buyers and sellers may think that they are saving money on a real estate transaction by not hiring a real estate agent, and this could not be further from the truth.  

An experienced real estate agent knows the New York market, has excellent negotiation skills, and offers great advice about choosing a home that will help you save money in the long run. Having a real estate agent by your side can help you find new properties that you may not have found otherwise, caution you of regulations you may be missing or unaware of, and assist you throughout the process to help you understand each step of the way.

Having a brokerage firm that you can trust is crucial when buying a home in New York. BARNES New York is available to help you in all of your real estate endeavors, whether you are buying a home, investing abroad, looking for private aviation and yacht services, and much more.  

BARNES New York will assist you in all of your needs, especially when it comes to luxury living and new developments in New York. Contact us today for more information!

Contact Us

What is the housing price in Manhattan? 

Manhattan is a beautiful city filled with diversity, vibrancy, and plenty of activities. It is a great home for people of all backgrounds, and there is something for every resident there. But unfortunately, as Manhattan grows and expands, the housing price in Manhattan are constantly on the rise.  

Of course, they are subject to the location and neighborhood that the homes are in, but finding an apartment or condo for a low price is usually rare. Still, apartments in Manhattan are beautiful, and finding the right place to call home within the city is important. Depending on the area, the housing price in Manhattan varies.  

So if you’re looking for a property in Manhattan, whether it’s a co-op, condo, penthouse, townhouse, or simply something with an incredible view, continue reading to learn and understand housing prices in Manhattan. 

What factors determine housing prices? 

The housing price of an apartment in Manhattan depends on three main factors: age, type, and location. If the apartment is older and a bit run down, it naturally will be cheaper than buying a brand new and up-to-date apartment. Because of this, it is important to decide what accommodations are important to you and which ones you can do without. In older apartments, the structure of the building may be less sturdy, and, of course, the wood will be much older.  

The type and size of the building will also sway the price of the apartment greatly. Apartments that are small and compact will cost less than open and large apartments. Having an idea of how big you would prefer your apartment to be will give you a set goal and a specific range of apartments to look at.  

Additionally, co-ops are cheaper options than condos by an average of about $100,000. The average price for a square foot of a co-op is almost $1,800, while the average for a square foot of a condo is well over $2,000. Even so, buying a condo is better for investors as well as renting out your property.  

The location of the building is also important in determining the cost and risk of an apartment. What neighborhood is it in? What area of said neighborhood is it in? Is it more residential, or bustling with restaurants, shops and cafés? These are all essential questions that will decide the cost of the co-op or condo for sale in Manhattan. Also, the view outside the apartment’s windows can either make or break its price overall.  

What is the price in Tribeca? 

Tribeca is a beautiful, chic, and luxurious neighborhood to live in. It is filled with 5-star restaurants, classy shops and boutiques, and high-class residences. In addition, there are plenty of places to work along with beautiful office spaces. Because of this, buying an apartment in Tribeca can be profitable and rewarding when all is said and done.  

If you are looking to rent out an apartment here, it is practically guaranteed to fill in quickly. With this luxury, though, comes a high price tag. The median price of a condo here is $3,350,000*, and often you must have over $1,000,000 that is ready to be put down on it first. The median price of a co-op here is $2,740,000*. Apartments in Tribeca are some of the most expensive in all of Manhattan, but are nearly always high-quality and gorgeous.  

*Data obtained from UrbanDigs

What is the price in the East Village? 

The East Village is the perfect place for those with a knack for art and nightlife, and the crowd here is a bit rowdier than in other neighborhoods. It is easy to meet people of all different cultures, and just as easy to create long-lasting friendships. It is filled with bars, music venues, lounges, casual cafes, and many more spots to relax and socialize.  

With this being said, apartments in the East Village are chic and often have a rustic appeal. The median price of a condo here is about $1,740,000* and the median cost for a co-op is about $815,000*. This means you must have about $200,000 ready to put down.  

*Data obtained from UrbanDigs

What about NoHo and SoHo? 

New York City Manhattan SoHo street at sunset time background

NoHo is known for its free-flowing and fluid atmosphere, as well as its classiness and bohemian style. NoHo has all kinds of apartment styles, ranging from small to big and old to new. NoHo is filled with cute boutiques, small mom-and-pop shops, and casual cafes. Creative people from all over the world live here for their unique style and humbleness. NoHo in Lower Manhattan is one of the most expensive neighborhoods to live in, alongside SoHo and Tribeca. The median price of a condo here is about $5,900,000*, and about $3,200,000* to buy a co-op.  

*Data obtained from PropertyShark

SoHo is famous for its infinite shopping plazas and unique fashion. If you have a love for clothing, SoHo is the place to be. There are plenty of boutiques and shops, both those with major brands and some that you cannot find anywhere else. SoHo takes on a bit of a faster pace than NoHo, but is still a beautiful neighborhood. It costs about $3,790,000* to buy a condo here, and about $2,380,000* to buy a co-op. 

*Data obtained from UrbanDigs

What are the housing prices like in Chelsea? 

If you enjoy NoHo and West Village, you might just love Chelsea. Chelsea is filled with residents that hold art and creativity close to their hearts, and just being in the neighborhood is enough to bring about inspiration.  

There is street art, numerous art galleries and exhibits, and unique landmarks, all of which make the neighborhood stand out from those surrounding it. A condo apartment in Chelsea costs about $2,840,000* and co-ops cost about $800,000* 

*Data obtained from UrbanDigs

The right price for you  

The housing price of a Manhattan apartment depends on the size and type, age, and location of the condo or co-op. Of course, there are many other neighborhoods to buy an apartment in, and making such a big purchase requires thorough research and decision-making.  

By finding the right neighborhood that fits your budget and needs, you’re sure to find the perfect apartment that’s right for you. BARNES New York can help with your project!

Contact Us

What are the most beautiful real estate new developments in New York?  

Real estate new developments in New York City are amazing and are privileged place to live. Whether you are looking for your dream home or investing in a rental property, BARNES New York can provide you with the specialized assistance needed to walk you through the entire process. We offer a variety of services, such as negotiation of pricing, direct access to developers, and specialized knowledge of NYC neighborhoods.

While there are plenty of wonderful older residences in the city, some buyers are looking to invest in a newer development. BARNES has its own department for new developments with access to construction programs worldwide, which has done the research to find you the most beautiful residences in locations that are in high demand and with features that are irresistible to buyers and renters.

Why invest in new developments in NYC? 

Most would agree that NYC is a unique and fascinating city. It offers something for everyone, with art museums, Broadway productions, world-renowned restaurants, and endless shopping. In addition to location, there are several benefits to investing in newer developments in the city.

Newer developments, in general, tend to have fewer needs in terms of maintenance and renovations. This saves the buyer money, especially if the property is used for rental investment. Additionally, newer buildings tend to have more desirable features that align with current expectations, such as washer and dryer connections (which can be very challenging to find in-unit) and more luxurious amenities, such as high-end gyms and spas.

A less obvious benefit of investing in real estate new developments in New York, is the opportunity to lock in a price at the early stages of development. Making a commitment to a property early on can save significant amounts of money, as the buyer may be able to get an excellent price without having to worry about inflation. BARNES can provide assistance with the negotiation and acquisition of these types of properties.

Aerial panorama of New York City skyscrapers at dusk as seen from above the 29th street, close to Hudson Yards and Chelsea neighborhood

What are some of the popular neighborhoods for new developments in NYC? 

NYC is diverse in what it has to offer, and this is especially true for the Manhattan borough. Some of the key neighborhoods we suggest exploring are SoHo and the Upper West Side, Hudson Yards, and the Financial District.

SoHo is an excellent neighborhood for walkable luxury shopping. Near Midtown and the East Village, this neighborhood is accessible to desired restaurants, galleries, and upscale bars. Rooted deeply in the arts, this area is a unique place to live and visit. Buyers interested in SoHo should look at 77 Charlton Street, which offers a private courtyard and condos ranging from studios to 3-bedrooms.

In nearby Morningside Heights, Vanderwater stands as a 33-story luxury condominium, and it offers views of Central Park, Riverside Church, and Columbia University. The Upper West Side also features 200 Amsterdam, which is located near the Museum of Natural History and the Lincoln Center. This complex also boasts unique amenities, such as a “Zoom room” for meetings and a “little composer’s room” for children to explore their musical talents.

Foodies will want to explore Hudson Yards, located in Manhattan’s West Side. Developments in this area are also near the art galleries of Chelsea as well as the Hudson River Park. 35 Hudson Yards, the 4th tallest building in the US, features floor-to-ceiling windows and easy access to The Shops at Hudson Yards.

This development also offers a 2-year membership to Equinox club and spa for no extra charge. Another strong contender in this area is 15 Hudson Yards in West Chelsea, which offers panoramic views of Manhattan and easy access to Hudson River Park.

These are just a few of the popular neighborhoods in Manhattan. BARNES is prepared to help you find the neighborhood that best fits your style and needs, and will walk you through the process of acquiring your dream home.

What types of amenities are available?  

Amenities are particularly important when shopping for high-end real estate developments, and New York City luxury developments have quite a few to offer. It can be helpful to be aware of the amenities that are most crucial to you while shopping for your new home.

Many luxury condominiums offer lobby service for added protection and convenience. 300 West, located in Upper Manhattan in the West Harlem Area, offers 24-hour lobby service with doorman and concierge services.

Another popular amenity is easy access to an in-house pool or spa. 111 West 57th Street, located in Midtown, offers residents a lap pool, a sauna, and a steam room. Buyers looking for a place in the Upper East Side should consider for its beautiful indoor pool and sauna. This facility also offers a unique camping-themed children’s play area and even a sound lounge for musicians.

In addition to pool access, many buyers are also interested in other fitness-related amenities. For example, 130 William, located Downtown, offers a wide variety of options for those interested in fitness and sports, including a swimming pool, a yoga studio, a basketball court, and an exit close to the park.

Where are some of the most beautiful views?  

It can be challenging to choose the complexes with the most beautiful views in NYC, as there are so many iconic images of the city. Whether you are looking for something overlooking a waterfront, a high rise that offers views of the skyline, or windows with viewpoints of Central Park, there are luxury developments that accommodate these requests.  

One Manhattan Square is located on the edge of New York Harbor, at 800 feet above the water. This development offers glass paneling for optimal views of the waterfront. 77 Greenwich also offers beautiful waterfront views and is close to Battery Park. These types of developments can make you feel like you’re in an oasis within the big city with their serene viewpoints. 

For those looking to see the beautiful skyline, 196 Orchard, located in Manhattan’s Lower East Side, boasts an amazing view of the NYC skyline, with its 4,300 square foot rooftop terrace overlooking the city. Buyers may also want to consider places that offer iconic views of Central Park, such as 111 West 57th Street. 

We recommend all buyers looking to invest in luxury properties check out the real estate new developments emerging in New York City. BARNES New Development is prepared to assist clients with finding, buying, and selling these properties. We are equipped with specialized knowledge and resources to help you get the best deal for your money and to make the most out of your investment over time.  

Contact Us

Which luxury real estate agencies to contact in New York? 

Do you wonder which luxury real estate agencies to contact in New York? Now that the world is beginning to reopen, the real estate market is finally on the move again. While most industries suffered through the first year of the pandemic, the buying and selling of real estate became particularly challenging.  

New York City is now returning to its typical place as a city to consider when purchasing a luxury home. Properties in New York City offer excellent long-term value and can be utilized for various purposes, such as vacationing or renting to tenants. 

While real estate agency companies are fairly easy to find in most cities, it’s important to be choosy when selecting your agent and choosing wich luxury real estate agencies to contact in New York. Many agents are simply in the business for the commission and do not fully consider the buyer and seller’s needs. These needs may differ for individuals managing luxury properties, and some agencies are not equipped to assist these clients effectively. This can be frustrating, as buying a home is a gigantic investment that should not be taken lightly.  

BARNES New York is here to provide you with elite services as you navigate the market in NYC. With over ten years of experience in New York City and agents from all over the world, BARNES offers a multicultural team to help guide you through the numerous opportunities available in the big city. Now is the time to take advantage of the market and continue to grow your investments with luxury NYC properties. 

Why should I consider real estate companies in New York that specialize in luxury homes?  

Buyers looking for high-end homes will want to contact luxury real estate agencies in New York that work with expensive homes daily. Because this is a niche field, these agents will be much more well-versed in desired neighborhoods, more aware of properties that are currently available, and more familiar with potential buyers of these properties.  

Since luxury homes tend to be within the top 10% in terms of price, clients would benefit from utilizing real estate agents who are skilled in navigating this competitive, fast-paced market. BARNES provides specialized services for those looking to buy and sell luxury items and is, therefore, able to effectively support their clients throughout the process. 

In addition, luxury properties tend to include particular features that are very expensive, scarce, and desired. The location of a property, as well as its amenities, can significantly impact its value. Two homes with the same square footage will not be worth the same amount of money when they are in two different locations. This is why it is important to find a real estate agent who is extremely well-versed in the neighborhoods of interest and who can alert you to opportunities promptly. 

At BARNES New York, we have agents and brokers who speak various languages to partner with you on your real estate journey. Since we are an international company, we have connections in countries worldwide. As a result, our clients are able to effectively manage their properties from their homes without having to travel internationally, as BARNES agents can take care of the logistics on-site.  

BARNES New York provides agents and brokers knowledgeable within their specific NYC borough. In addition, these agents are matched with BARNES agents in other countries, such as France, to provide the best service and most thorough knowledge of the property.  

Scenic view of a classic Brooklyn brownstone block with a long facade and ornate stoop balustrades on a summer day in Clinton Hills, Brooklyn

Why consider luxury properties in New York? 

In particular, NYC is an excellent choice for luxury home buyers to explore. New York City offers a wide variety of property types, such as apartments, condos, and penthouses. While some buyers may be looking for a vacation home, others may be looking to sell or rent their properties to tenants.  

Since New York is a bustling city that can be quite expensive to live in, tenants are always looking to rent. We also provide property management services for rental homes, such as collecting rent, responding to maintenance issues, and conducting yearly property inspections. Clients can rest easy knowing that BARNES has it under control and that their investment is being taken care of accordingly.  

Additionally, New York offers a lot of luxury real estate agencies to contact, not least because of the atypical architecture that the city offers, value in its history and cultural attributes. Historic buildings can offer prestige and charm that contributes to their overall price value, while newer buildings often offer updated features that are highly desirable to wealthy clients. Amenities such as access to a pool or stunning rooftop views may impact the pricing of the property.  

In NYC, each borough and neighborhood has its own distinct personality and attributes. For example, Midtown Manhattan offers properties close to major attractions, such as Times Square, and is also in close proximity to other desired neighborhoods, such as Chelsea. This provides excellent opportunities for renting, given the prime location for tenants who work in the area or travelers wanting to see the city’s sights. 

On the other hand, you may be looking for an area that is more residential in orientation. For example, uptown Manhattan offers beautiful views of the city and is close to some of the most unique shops and galleries that New York has to offer. BARNES New York is prepared to guide you through the properties available across the city based on your preferences and intended use for the property. We currently offer Manhattan, Brooklyn, Queens, the Hamptons, Westchester, and Upstate New York listings.  

What constitutes a luxury property?  

BARNES is available to assist with numerous types of luxury properties, including not only homes but also additional high-end purchases. We can help you buy, sell, and manage your purchases, regardless of the location of your primary home.  

Luxury homes are unique for numerous reasons, and their uniqueness is part of what makes them expensive enough to be considered “luxury.” In NYC, luxury homes often have excellent views of the city, are conveniently located, and provide amenities that are not easily accessible in many big-city apartments, such as in-unit washers and dryers.  

These properties may also be unique in how they are designed (compared to the typical square-shaped apartments commonly seen in the city) and tend to be more spacious than typical homes in the area. Because the features of these properties are unique, we focus on the details of these homes and can provide updated information regarding their availability.  

In addition, BARNES New York is also available to assist with the acquisition and selling of large luxury items, including yachts, private jets and art advisory services. While many real estate agencies only offer services directly related to housing, BARNES is here to help you buy, sell, and manage these additional luxury assets. Some of the services provided include management of the construction of new yachts based on the client’s preferences as well as the purchasing and selling of yachts.  

Furthermore, BARNES offers assistance with fine artwork, including the transport and installation of pieces in addition to sales and purchasing. A strong benefit of choosing BARNES New York is the ability to utilize the same company to manage numerous luxury investments. 

What types of properties does BARNES New York have to offer?  

When you want to contact a luxury real estate agency in New York, you need to be hypervigilant as listings change frequently, and brokers need to know exactly what their clients are looking for to not miss out on the perfect opportunity. At BARNES, we organize properties by larger borough or neighborhood and then further classify them into smaller neighborhoods within the larger sections. This allows the buyer to focus on some of the property’s most important features, such as location and size. 

While BARNES real estate agents are happy to assist you with finding your perfect home, we also provide a website that is easy to navigate so that you can search on your own, as desired. In addition, buyers can filter for amenities, such as the number of bedrooms, outdoor space, and community doorman services. Whether you are looking for a cozy condo in Manhattan or a gigantic vacation home with a pool in the Hamptons, BARNES New York is ready to assist with agents who have specialized knowledge of these areas. 

At the end of the day, when selecting a real estate agency to utilize for your luxury property in NYC, you will want to make sure you go with a company that is reliable, knowledgeable of the area, and savvy enough to identify new opportunities promptly, as the market is very competitive. We are an excellent choice because we specialize in managing luxury properties and offer services beyond that of a typical real estate company.  

Furthermore, our multicultural staff offers services in numerous languages, such as French and Spanish, and can effectively assist buyers worldwide. For these reasons, we hope you’ll consider utilizing BARNES New York as you navigate the luxury market in New York City.  

Contact Us

Where should you buy a house in the Hamptons? 

The Hamptons is a grouping of towns and villages on the far eastern side of New York’s Long Island and borders the Atlantic Ocean. It is easily accessible by car or bus from the city, and travelers should expect an approximately 2-hour drive from the center of Manhattan. If you wonder where you should buy a house in the Hamptons, keep on reading!

Many people—celebrities, the wealthy, and well-to-do travelers—use the Hamptons to get away from the hustle and bustle of New York City for a while. So buy a house in the Hamptons is a very good choice. With its scenic ocean surroundings, more rural setting, and historic landscapes, it’s easy to see why. Spend enough time in the area, and you’re bound to run across someone famous. 

But the Hamptons offer much more than just resorts for a short stay or extended summer get away. It, too, provides an array of condominiums and single-family homes for year-round stays. 

Which area is best for me? 

Depending on whether you want an ocean side getaway, an inland home with plenty of yard space, or even a modern condominium, the Hamptons have you covered. With so much open space and plenty of options available, there are so many great areas to choose from when considering buying real estate in the Hamptons. 

Exactly where are the Hamptons? 

The Hamptons are located in Suffolk County, which is directly east of Nassau County, the county that borders the New York City borough of Queens. As stated previously, it is accessible from New York City via a 2-hour car drive or a trip by commuter bus. For those wishing to take a train, that option is available, too. The Hamptons are just 3.5 hours away from New York City by train. At the 2020 United States census, Suffolk County listed a population of over one million spread between its cities and towns. 

Which areas are best in the Hamptons? 

When considering to buy a house in the Hamptons, options in Suffolk County’s cities, there is little to complain about, especially as you drift toward the Hamptons. Being in the narrow-most stretch of Long Island, the Hamptons offers plenty of housing with immediate access to water. Even the housing options that don’t come with water access still come packed with amenities like land, greenery, and cozy surroundings. 

It then becomes a pick of preference. Do you want an ocean side getaway? Or do you want a tucked away escape? Then, consider exploring Southampton and East Hampton for real estate options. 

Small residential houses on the seaside in the Hamptons.

What is in Southampton? 

Southampton consists of many towns and hamlets and a thriving community full of food, shops, a strong community, and activities. It has a closed-off bay protecting it from the waves of the Atlantic Ocean and is the ideal place for a relaxing environment. Perhaps the most popular area of Southampton are the Hampton Bays. 

What are the Hampton Bays? 

The Hampton Bays are technically a hamlet, which, in New York, simply means a populated space not defined as a city or town. Think of a hamlet in the same way you would a neighborhood within a large city—a populated part of the city, but not a city by itself. Three bays border the Hampton Bays—the Great Peconic, Shinnecock, and the Tiana—meaning there is plenty of waterfront real estate to go around. 

What options are there in the Hampton Bays? 

As stated above, The Hampton Bays are surrounded by water, even more so when you consider the creeks and ponds that extend inland from the ocean. There is a little something for everyone here, ranging from quaint 2 bed/ 1 bath homes to extravagant 5+ bed/ 5+ bath ocean side homes. And don’t worry, the architecture in the Hampton Bays is aesthetically pleasing, and there is no wrong answer for house buying here. 

The southern section of the Hampton Bays is where most of the housing is gathered. It’s also where many of the restaurants, bars, and shopping centers are located, too. Oceanside dining is Hampton Bays’ forte, and there are no shortages of options. With plenty of indoor and outdoor dining options, crafting a scenic and memorable dining experience is effortless. 

Does Southampton have a downtown? 

Situated a little inland from the ocean, on the tip of Agawam Lake, is a quaint downtown area for Southampton. It offers all of the necessities like schools, shops, dining, hotels, and hospitals while also offering cultural adds like an arts center, museums, parks, and sports fields. 

What options are there in East Hampton? 

East Hampton offers a more spread-out, suburban feel when compared to the popular Hampton Bays in Southampton. Its long coastline cuts right up to the Atlantic Ocean and offers some breathtaking scenery. There is a downtown similar to that of Southampton and, perhaps, bigger and more frequent nature parks complete with hiking trails and wildlife. 

The famous Montauk Point Lighthouse in the daylight, with a view of the sea.

Where can I find more information about real estate in the Hamptons? 

Options to buy a house in the Hamptons are exploding, with more and more people moving away from the city, in part because of the global pandemic and others wanting to branch away from densely-populated areas. The cities and counties surrounding New York have really blossomed—and a lot of that New York City culture is moving along with it.

Meaning that if you crave buying a home and getting that New York City lifestyle, you don’t have to look into Manhattan solely. Now, more than ever, real estate in the Hamptons is on the rise. To check out the best listings that the Hamptons offers, along with guidance and expert advice, check out BARNES New York. 

Contact Us

In the Media – New York and its high-end real estate: market outlook by Yann Rousseau

New York is an iconic city. A city in which all cultures, all religions and all generations always meet and interact at the sustained pace of economic and cultural activity. With its dynamism, the city remains one of the most popular international destinations for wealthy families and investors. Yann Rousseau, director of BARNES New York, gave an interview in French about the high-end real estate market and the current state of the market for French podcast online media LES ONDES DE L’IMMO.

Listen to the interview
WhatsApp
en_USEnglish
fr_FRFrench pt_BRPortuguese es_ESSpanish ru_RURussian elGreek it_ITItalian he_ILHebrew nb_NONorwegian en_USEnglish