Press
Buyer Snaps Up Luxury Manhattan Penthouse in New Art-Deco Style Tower
Mansion Global // Nov 12, 2021
Penthouse A at Rose Hill, in the borough’s NoMad neighborhood, is located on the 42nd and 43rd floors of the 45-story tower. The duplex has nearly 4,400 square feet of interior space, plus three private terraces totaling 1,331 square feet with 360-degree views of the city, according to Nicole Grandelli of CORE Real Estate, who is the sales director for the project.
The penthouse was first listed in January 2020, Mansion Global previously reported. But the residence was only staged last week, she said. After people were able to see the completed, furnished home in person, an offer came quickly.
“The buyer had seen everything out there,” Ms. Grandelli said. “What makes Rose Hill special is that it feels like a home.” Ms. Grandelli declined to identify the buyer, saying only he was in the tech world.
Ask These Questions Before Accepting an Offer to Buy Your Apartment
Brick Underground // Jul 29, 2020
As the rental market slows and concessions rise, sales in Manhattan continue to be brisk: According to recent market reports, transactions—and average sales prices—have picked up in the borough. The expense of buying in Manhattan seems to be such that even high-earning New Yorkers wonder whether it’s realistic to purchase here. Ann and Madison Smith, for instance, (note: names changed to protect the buyers’ financial privacy), who are currently renting in Manhattan, would love to invest in a home for themselves, their two small children, and their pet beagle, but Ann says, “We basically don’t think we could ever—or really, in the near future—afford to buy a place in Manhattan that we’d want to live in.”
What they really want is a three-bedroom in a doorman building—a pet-friendly one, of course. That said, while the couple is committed to staying in the city, the Smiths are open to considering suburban-lite options like Riverdale or parts of Queens, where their budget could stretch a lot further. She also wonders whether they should scrap the idea of buying in the city entirely, and instead purchase a second home in the country and continue to rent in NYC, an increasingly common practice, as Brick has covered previously.
Brooklyn Real Estate Listings Six Months Later
Brownstoner // Feb 24, 2017
The weekend is almost here, and it’s time for us to take a look back six months and check in on how four of our featured listings fared on the market.
It’s been quite a while since all four of our featured listings sold, but that’s the case this week. Even more remarkable, they all sold for the above ask — that might be a first.
Next, we are looking at an estate-condition Italianate brownstone in Bed Stuy. It needs work, but with a load of original detail and stately proportions, it has the makings of quite a grand residence. It’s at 33 Monroe Street, on a particularly nice block near the Clinton Hill border. This former House of the Day sold in January for $2.135 million, $300,000 above asking.
What Can I Afford? A family wonders whether they can buy in Manhattan at all–or if they’re better off looking elsewhere.
Brick Underground // Jun 29, 2017
As the rental market slows and concessions rise, sales in Manhattan continue to be brisk: According to recent market reports, transactions—and average sales prices—have picked up in the borough. The expense of buying in Manhattan seems to be such that even high-earning New Yorkers wonder whether it’s realistic to purchase here. Ann and Madison Smith, for instance, (note: names changed to protect the buyers’ financial privacy), who are currently renting in Manhattan, would love to invest in a home for themselves, their two small children, and their pet beagle, but Ann says, “We basically don’t think we could ever—or really, in the near future—afford to buy a place in Manhattan that we’d want to live in.”
What they really want is a three-bedroom in a doorman building—a pet-friendly one, of course. That said, while the couple is committed to staying in the city, the Smiths are open to considering suburban-lite options like Riverdale or parts of Queens, where their budget could stretch a lot further. She also wonders whether they should scrap the idea of buying in the city entirely, and instead purchase a second home in the country and continue to rent in NYC, an increasingly common practice, as Brick has covered previously.
If they can’t afford their own slice of Manhattan, Ann says, “We could do with a patch of greenery to call our own, and some quiet.”
So which will it be? To find out what the couple’s wisest move might be, we consulted mortgage broker Sean McPartland of the McPartland Team at PNC Bank (this article’s sponsor) and real estate agent John Harrison of CORE for their suggestions.
A Taste Of Art Basel Comes To Tribeca’s 45 Lispenard
City Biz List // Dec 4, 2017
A stunning art-themed soiree this past Friday shows you don’t need to travel to Miami to experience the Art Basel vibe. Stribling & Associates hosted an exclusive viewing of large-scale works by emerging artist Julia Ryan at a 1,800 SF loft space on the 6th floor of 45 Lispenard Street in Tribeca. The event was curated by Stribling’s top-producing Lanyard Grandelli Team – consisting of Jason Lanyard, Nicole Grandelli, and Geo Punnapuzha. Giant canvases of Julia’s colorful masterpieces covered the walls of the $2.4 Million apartments, now on the market, showcasing the agents’ creative use of space.
Julia Ryan is a visual artist who works primarily in drawing and painting. Her work explores objects in an array of media, specifically oil paint and colored pencil. Julia's work originates from an original photo which is then manipulated to create ultimate contrast and saturation. Her work has appeared on the cover of Paper Magazine featuring songstress Nicki Minaj, as well as in galleries across New York and Los Angeles.
India: NYC’s Next Investment Powerhouse?
The Real Deal // September 1, 2015
Lanyard and his partner Nicole Grandelli, who claims to have sold more than 30 New York apartments to Indian buyers over the past eight years, said they have noticed growing interest from the subcontinent. But unlike, say, Russian buyers, Indians have shown little interest in the priciest penthouses. (The broker pair represented an Indian buyer many years ago and have expanded that network through referrals and several trips to India.)
“They want to buy the property that is just going to have the most value,” said Grandelli. She explained that most of their Indian buyers—they currently have 10 actives in the market—prefer to rent out apartments, rather than keep them as pieds-á-terre.
Big Developer and Boutique Firm Join Forces
Related Companies Buys a 50 Percent Stake in CORE Residential Brokerage
Excerpted from: The New York Times // Oct 23, 2014
If you are one of the hundreds of New Yorkers who live in a condominium built by the Related Companies, one of New York City’s most prolific developers, you might like to know that changes area foot. That is because the company is making its first foray into offering brokerage services.
Related, which is behind some of the city’s most high-profile projects, including the Time Warner Center and the creation of the 28-acre Hudson Yards neighborhood, is buying a 50 percent stake in CORE, the boutique residential brokerage.
The deal marries a global developer with a carefully maintained reputation to a brokerage that came on the scene less than a decade ago with a much edgier aesthetic. CORE, after all, was one of the first agencies to sign on to “Selling New York,” HGTV’s reality series, and has marketed buildings like One Museum Mile on Fifth Avenue and Walker Tower in Chelsea, which last year broke a record for most expensive downtown sale with a penthouse that sold for more than $50 million.
Prices Rising at the End of the Tunnel
Excerpted from: The Real Deal // Mar 01, 2014
In mid-2013, Elaine Diratz, senior managing director of Corcoran Sunshine Marketing Group, noticed that the one-bedroom condos at 515 East 72nd Street, formerly known as Miraval Living, were selling briskly. There were more than 70 closings between summer 2012 and summer 2013—about half the building’s 142 one-bedrooms.
Diratz, whose firm was handling the marketing of the 329-unit conversion near the East River for developer Acheson Doyle Partners, soon put her finger on the reason behind the quick pace of sales: major milestones in the construction of the Second Avenue Subway, a little more than two blocks away. The milestones included some of the last subterranean blasts for the first phase of the project, from 63rdto 96th streets, which is scheduled to debut by the end of 2016. Sales were lagging behind until it became clear the subway was really getting closer to completion, Diratz said. “I think the savvy one-bedroom buyers recognize the potential for the appreciation for these one-bedrooms by having that Second Avenue line there.”
Manhattan's Priciest Condos Now Average Nearly $5,500 A Square Foot
Business Insider // Nov 9, 2013
MANHATTAN—The city’s condo buildings with this year’s priciest homes weren’t on Park or Fifth avenues. They’re clustered around the southwest tip of Central Park on the Upper West Side.
The most expensive building was the limestone-clad 15 Central Park West, designed by renowned architect Robert A.M. Stern, according to a City Realty report released Thursday detailing the top 100 condos in Manhattan.
The swanky, sprawling apartments in that deluxe condo, at the corner of the park and West 61st Street, went for, on average, $5,487 per square foot, CityRealty found.
That was more than $1,000 higher than the No. 2 most expensive building—the southern tower of the Time Warner Center at 25 Columbus Circle, which went for $4,644 per square foot. The other tower at the Time Warner Center—the Residences at the Mandarin Oriental, at 80 Columbus Circle—came in at No. 5, at $3,738 per square foot.
“That corner of the park is just phenomenal the way money gathers there,” said CityRealty’s Pete Culliney.
Ask These Questions Before Accepting an Offer to Buy Your Apartment
Brick Underground // Jul 29, 2020
As the rental market slows and concessions rise, sales in Manhattan continue to be brisk: According to recent market reports, transactions—and average sales prices—have picked up in the borough. The expense of buying in Manhattan seems to be such that even high-earning New Yorkers wonder whether it’s realistic to purchase here. Ann and Madison Smith, for instance, (note: names changed to protect the buyers’ financial privacy), who are currently renting in Manhattan, would love to invest in a home for themselves, their two small children, and their pet beagle, but Ann says, “We basically don’t think we could ever—or really, in the near future—afford to buy a place in Manhattan that we’d want to live in.”
What they really want is a three-bedroom in a doorman building—a pet-friendly one, of course. That said, while the couple is committed to staying in the city, the Smiths are open to considering suburban-lite options like Riverdale or parts of Queens, where their budget could stretch a lot further. She also wonders whether they should scrap the idea of buying in the city entirely, and instead purchase a second home in the country and continue to rent in NYC, an increasingly common practice, as Brick has covered previously.
Brooklyn Real Estate Listings Six Months Later
Brownstoner // Feb 24, 2017
The weekend is almost here, and it’s time for us to take a look back six months and check in on how four of our featured listings fared on the market.
It’s been quite a while since all four of our featured listings sold, but that’s the case this week. Even more remarkable, they all sold for the above ask — that might be a first.
Next, we are looking at an estate-condition Italianate brownstone in Bed Stuy. It needs work, but with a load of original detail and stately proportions, it has the makings of quite a grand residence. It’s at 33 Monroe Street, on a particularly nice block near the Clinton Hill border. This former House of the Day sold in January for $2.135 million, $300,000 above asking.
What Can I Afford? A family wonders whether they can buy in Manhattan at all–or if they’re better off looking elsewhere.
Brick Underground // Jun 29, 2017
As the rental market slows and concessions rise, sales in Manhattan continue to be brisk: According to recent market reports, transactions—and average sales prices—have picked up in the borough. The expense of buying in Manhattan seems to be such that even high-earning New Yorkers wonder whether it’s realistic to purchase here. Ann and Madison Smith, for instance, (note: names changed to protect the buyers’ financial privacy), who are currently renting in Manhattan, would love to invest in a home for themselves, their two small children, and their pet beagle, but Ann says, “We basically don’t think we could ever—or really, in the near future—afford to buy a place in Manhattan that we’d want to live in.”
What they really want is a three-bedroom in a doorman building—a pet-friendly one, of course. That said, while the couple is committed to staying in the city, the Smiths are open to considering suburban-lite options like Riverdale or parts of Queens, where their budget could stretch a lot further. She also wonders whether they should scrap the idea of buying in the city entirely, and instead purchase a second home in the country and continue to rent in NYC, an increasingly common practice, as Brick has covered previously.
If they can’t afford their own slice of Manhattan, Ann says, “We could do with a patch of greenery to call our own, and some quiet.”
So which will it be? To find out what the couple’s wisest move might be, we consulted mortgage broker Sean McPartland of the McPartland Team at PNC Bank (this article’s sponsor) and real estate agent John Harrison of CORE for their suggestions.
A Taste Of Art Basel Comes To Tribeca’s 45 Lispenard
City Biz List // Dec 4, 2017
A stunning art-themed soiree this past Friday shows you don’t need to travel to Miami to experience the Art Basel vibe. Stribling & Associates hosted an exclusive viewing of large-scale works by emerging artist Julia Ryan at a 1,800 SF loft space on the 6th floor of 45 Lispenard Street in Tribeca. The event was curated by Stribling’s top-producing Lanyard Grandelli Team – consisting of Jason Lanyard, Nicole Grandelli, and Geo Punnapuzha. Giant canvases of Julia’s colorful masterpieces covered the walls of the $2.4 Million apartments, now on the market, showcasing the agents’ creative use of space.
Julia Ryan is a visual artist who works primarily in drawing and painting. Her work explores objects in an array of media, specifically oil paint and colored pencil. Julia's work originates from an original photo which is then manipulated to create ultimate contrast and saturation. Her work has appeared on the cover of Paper Magazine featuring songstress Nicki Minaj, as well as in galleries across New York and Los Angeles.
India: NYC’s Next Investment Powerhouse?
The Real Deal // September 1, 2015
Lanyard and his partner Nicole Grandelli, who claims to have sold more than 30 New York apartments to Indian buyers over the past eight years, said they have noticed growing interest from the subcontinent. But unlike, say, Russian buyers, Indians have shown little interest in the priciest penthouses. (The broker pair represented an Indian buyer many years ago and have expanded that network through referrals and several trips to India.)
“They want to buy the property that is just going to have the most value,” said Grandelli. She explained that most of their Indian buyers—they currently have 10 actives in the market—prefer to rent out apartments, rather than keep them as pieds-á-terre.
Big Developer and Boutique Firm Join Forces
Related Companies Buys a 50 Percent Stake in CORE Residential Brokerage
Excerpted from: The New York Times // Oct 23, 2014
If you are one of the hundreds of New Yorkers who live in a condominium built by the Related Companies, one of New York City’s most prolific developers, you might like to know that changes area foot. That is because the company is making its first foray into offering brokerage services.
Related, which is behind some of the city’s most high-profile projects, including the Time Warner Center and the creation of the 28-acre Hudson Yards neighborhood, is buying a 50 percent stake in CORE, the boutique residential brokerage.
The deal marries a global developer with a carefully maintained reputation to a brokerage that came on the scene less than a decade ago with a much edgier aesthetic. CORE, after all, was one of the first agencies to sign on to “Selling New York,” HGTV’s reality series, and has marketed buildings like One Museum Mile on Fifth Avenue and Walker Tower in Chelsea, which last year broke a record for most expensive downtown sale with a penthouse that sold for more than $50 million.
Prices Rising at the End of the Tunnel
Excerpted from: The Real Deal // Mar 01, 2014
In mid-2013, Elaine Diratz, senior managing director of Corcoran Sunshine Marketing Group, noticed that the one-bedroom condos at 515 East 72nd Street, formerly known as Miraval Living, were selling briskly. There were more than 70 closings between summer 2012 and summer 2013—about half the building’s 142 one-bedrooms.
Diratz, whose firm was handling the marketing of the 329-unit conversion near the East River for developer Acheson Doyle Partners, soon put her finger on the reason behind the quick pace of sales: major milestones in the construction of the Second Avenue Subway, a little more than two blocks away. The milestones included some of the last subterranean blasts for the first phase of the project, from 63rdto 96th streets, which is scheduled to debut by the end of 2016. Sales were lagging behind until it became clear the subway was really getting closer to completion, Diratz said. “I think the savvy one-bedroom buyers recognize the potential for the appreciation for these one-bedrooms by having that Second Avenue line there.”
Manhattan's Priciest Condos Now Average Nearly $5,500 A Square Foot
Business Insider // Nov 9, 2013
MANHATTAN—The city’s condo buildings with this year’s priciest homes weren’t on Park or Fifth avenues. They’re clustered around the southwest tip of Central Park on the Upper West Side.
The most expensive building was the limestone-clad 15 Central Park West, designed by renowned architect Robert A.M. Stern, according to a City Realty report released Thursday detailing the top 100 condos in Manhattan.
The swanky, sprawling apartments in that deluxe condo, at the corner of the park and West 61st Street, went for, on average, $5,487 per square foot, CityRealty found.
That was more than $1,000 higher than the No. 2 most expensive building—the southern tower of the Time Warner Center at 25 Columbus Circle, which went for $4,644 per square foot. The other tower at the Time Warner Center—the Residences at the Mandarin Oriental, at 80 Columbus Circle—came in at No. 5, at $3,738 per square foot.
“That corner of the park is just phenomenal the way money gathers there,” said CityRealty’s Pete Culliney.