Want to know more about Williamsburg, the trendy Brooklyn neighborhood?
Read this article by LePetitJournal, presenting the advantages of living in Williamsburg as well as a real estate overview of the neighborhood. This vibrant area offers a unique ambiance, proximity to Manhattan, green spaces, and numerous points of interest and amenities.
Read the article on LePetitJournal:
Want to know more about the beautiful, green county of Westchester?
Read this article by LePetitJournal, presenting the advantages of living in Westchester County as well as a real estate overview of the different cities. This vibrant area offers various villages and small cities with different living environments, a quieter suburban feeling with lush green sceneries and more space than in the city.
Read the article on LePetitJournal:
There are a number of reasons why someone may want to buy an apartment in the Upper East Side. This guide will take you through these reasons as well as some considerations to take into account.
If you’re looking to live in a neighborhood with a vibrant culture and authentic New York City vibes, you truly can’t go wrong with moving to the Upper East Side in Manhattan. This iconic neighborhood features historic buildings, elegant dining and shopping experiences, stunning views, and more.
Those who are new to New York City might be wondering what it’s like to live in the Upper East Side. We can confidently say that the Upper East Side is a fantastic neighborhood that has plenty to offer in terms of art, culture, food, and amenities. Whether you decide to buy an apartment in Yorkville or a luxury condo in Lenox Hill, you’ll be making the right choice.
If you’re thinking about buying an apartment in this area, there are a few things you should take into consideration — namely the cost of living, the general atmosphere, the neighborhood you want to live in, and the access to certain amenities. Let’s go over some of the main reasons why you should buy an apartment in the Upper East Side.
There are plenty of beautiful apartments for sale on the Upper East Side — from small studios to large multi-bedroom units. These properties offer lots of exciting features and amenities, including modern kitchens and bathrooms, and outstanding views of the Manhattan skyline. With endless options to choose from, you should have no problem finding your dream apartment!
However, it’s important to note that the cost of living is higher in the Upper East Side than it is in most places. The average Upper East Side condo might cost around $2.15 million (As of August 2023*), but if you’re looking to buy a co-op, you should be able to get away with paying around $922,000. It’s definitely an investment, but the benefits of homeownership (as well as the benefits of having the bustling city right outside your window) make it well worth it.
*Data from UrbanDigs
There are plenty of great reasons to buy an apartment in the Upper East Side. No matter what you’re looking for, you’re bound to find something that meets your expectations. This particular area is known for its elegant architecture and world-class museums. The Upper East Side offers top-notch restaurants and gorgeous parks.
It’s also home to some of the best shopping in the city, so if you’ve been itching to go on a spree, the Upper East Side is definitely the right place for you. Whether you’re a young professional looking to live in a vibrant neighborhood, a family, or a retired couple seeking a peaceful oasis in the heart of the best city in the world — the Upper East Side truly has something to offer everyone who lives there. Let’s take a closer look at some of the main reasons people buy apartments in the Upper East Side below.
Dining
On the Upper East Side, there’s cuisine to suit every taste. No matter what you’re craving, this district’s plethora of fine dining choices guarantees that you won’t be let down. Are you looking for an eating experience that will truly blow your mind? The Upper East Side is sure to exceed your expectations. Many upscale restaurants with exquisite dishes and white-glove service can be found in this affluent neighborhood, so come on down!
Shopping
Your inner shopaholic is sure to thrive in the Upper East Side. It goes without saying that the Upper East Side offers an abundance of rich, top-notch shopping centers and specialty grocery stores. This neighborhood is an absolute retail hotspot, and it’s especially known for its luxury boutiques and stylish department stores. The Upper East Side is an absolute godsend if you’re looking to find the most up-to-date styles and brands. Whether you’re shopping for shoes, dresses, purses, sports gear, cosmetics, or food, you’re destined to find something you love alongside Fifth Avenue shops.
Museums and Culture
If you’re an art fanatic, look no further than the Upper East Side to get your art fix. Living in this part of the city means having easy access to world-class, renowned museums — such as the Goethe Institute and the Metropolitan Museum of Art. Make a day trip out of traversing the Upper East Side’s many museums, and enjoy the rich culture New York City has to offer.
Enjoy the outdoors
Just because you live in a big city doesn’t mean you can’t enjoy the outdoors once in a while. The Upper East Side’s renowned Central Park is a major draw for people wanting to invest in an apartment there. Hiking trails, bicycle routes, birdwatching, and playgrounds are all widely available in Central Park. The calmer, more serene center and northern parts of the park are typically preferred by the locals over the busier, more tourist-friendly southern areas of the park.
While all Upper East Side residents have easy access to Central Park, there are many other beautiful parks you can visit if you want to enjoy the outdoors and fresh air. The Upper East Side is filled to the brim with parks, sports venues, waterway paths, and gardens that are ideal for unwinding after a long day’s work.
As you can see, living in the Upper East Side is an absolute dream come true! If you’re ready to start your search for the perfect apartment on the Upper East Side, you should consider working with BARNES New York. Our experienced agents will be more than happy to help you navigate the complexities of the real estate market — from finding the right property to negotiating the best deal. There are plenty of apartments, condos, and co-ops for sale, and we would love to have a consultation with you when you’re ready to find your dream home. Contact us today to learn more!
Yann Rousseau, Managing Partner of BARNES New York, Westchester & Connecticut, will present the latest real estate market update for New York City and its region (Westchester and Connecticut) in 2 webinars in the coming weeks:
Free registration! Click on the link below:
The New York real estate market is one of the most dynamic and exciting markets in the world. It is characterized by its uniqueness and its capacity to overcome all crises that come in its way. In this article, Yann Rousseau, Managing Partner of BARNES New York, draws up a report of 2022 and presents opportunities for 2023. Discover BARNES’ article for the French American Chamber of Commerce.
In May, BARNES New York was pleased to host conferences in Europe on real estate investment in New York. These conferences “Invest in New York” in Bordeaux, Brussels and London were a great success.
Yann Rousseau, Managing Partner of BARNES New York, and Myriam Benhamou, Associate Real Estate Broker, presented the New York real estate market, the acquisition and financing process, and the current opportunities for new developments in one of the most attractive cities in the United States. The conferences were followed by a cocktail reception.
The conferences were followed by question/answer sessions and cocktails that allowed all participants to interact on the New York real estate market in a laid-back and chic atmosphere.
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.
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.
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.
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.
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.
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.
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.
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.
BARNES New York is pleased to invite you to London, Brussels and Bordeaux in May 2023 for conferences on real estate investment in the United States. The conferences are scheduled as follows:
Yann Rousseau, Managing Partner of BARNES New York, and Myriam Benhamou, Associate Real Estate Broker, 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 cities in the United States. The conferences will be followed by a cocktail reception. Please register for the conferences by clicking on the links below:
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.
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.
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.
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.
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.
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.
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.
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.
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”
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.
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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