Stephen Straub’s Post

In the historic West Village of Manhattan, a seemingly ordinary midrise brick garage, bearing the marks of its industrial heritage, is undergoing a remarkable transformation. Once a symbol of the neighborhood's industrial past, this structure is set to become one of the most coveted residential addresses in New York City. Purchased for $64 million in 2022 by a developer, the garage is being converted into seven luxurious condominiums, attracting the city's elite with its promise of privacy and exclusivity. Already, contracts totaling over $100 million have been signed for three units, including a penthouse priced at $57.5 million. The appeal of these residences lies not only in their luxury but also in their discreet facade, allowing residents to maintain a low profile in a bustling city. The conversion retains the building's industrial character while introducing high-end amenities and breathtaking views, including a clear sightline to the Empire State Building. This project epitomizes a trend where the ultra-wealthy seek sanctuary in unique, historically rich structures, offering a blend of exclusivity, luxury, and a nod to the past. It's a testament to the unique allure of New York City's real estate market, where even a former parking garage can become a symbol of opulence. #ManhattanLuxury #WestVillageTransformation #HistoricConversions #RealEstateTrends #NYCExclusivity #IndustrialChic #PrivacyInLuxury #HighEndLiving #NYCRealEstate #UrbanTransformation https://lnkd.in/eca8pZGm

🎉 Historic Day for Miami! 🌴 PMG has landed an unprecedented $668M loan to construct the Waldorf Astoria Hotel & Residences, setting the record for Florida's largest-ever residential condo loan. We're ushering in Miami's first ever supertall tower, a beacon of luxury set to tower above all south of New York City. The mastery of Sieger Suarez Architects, combined with Carlos Ott's vision and a dedicated team, is driving this legendary endeavor forward. As we celebrate a groundbreaking mat foundation pour—1,400 trucks, 13,500 cubic yards of concrete in 36 hours—we're witnessing a marvel of coordination! This isn't just a high-rise; it's a transformation of Miami's skyline, a new standard in luxury that will stand tall as a testament to innovation and teamwork. The vertical rise is projected for 2028 completion, as we eagerly watch this iconic structure take form. Keep an eye on the rise of the Waldorf Astoria Miami, a new chapter in Miami's skyline and opulent living. 🏗️🌇 #MiamiRedefinition #ArchitecturalMarvel #SkywardBound

🎉 Historic Day for Miami! 🌴 PMG has landed an unprecedented $668M loan to construct the Waldorf Astoria Hotel & Residences, setting the record for Florida's largest-ever residential condo loan. We're ushering in Miami's first ever supertall tower, a beacon of luxury set to tower above all south of New York City. The mastery of Sieger Suarez Architects, combined with Carlos Ott's vision and a dedicated team, is driving this legendary endeavor forward. As we celebrate a groundbreaking mat foundation pour—1,400 trucks, 13,500 cubic yards of concrete in 36 hours—we're witnessing a marvel of coordination! This isn't just a high-rise; it's a transformation of Miami's skyline, a new standard in luxury that will stand tall as a testament to innovation and teamwork. The vertical rise is projected for 2028 completion, as we eagerly watch this iconic structure take form. Keep an eye on the rise of the Waldorf Astoria Miami, a new chapter in Miami's skyline and opulent living. 🏗️🌇 #MiamiRedefinition #ArchitecturalMarvel #SkywardBound

Curious about the recent movements in Boston's vibrant real estate market? The 88 Black Falcon, an enhanced waterfront industrial structure in Boston Seaport Innovation District, has been sold. Boasting 376,000 sq ft of space, this property offers glorious interiors and breathtaking ocean views, attracting tenants from various industries. But what does this mean for other property owners and investors in the area? Well, not everyone appreciates the true value of strategic property improvements and their role in commanding higher sale prices or attracting quality tenants. Often, property owners overlook crucial aspects such as modern amenities, decor, location proximity to transport services, and even a distinctive feature like a rooftop deck. If you look at your current real estate strategy, are you adequately considering these aspects? Maybe it's time to re-evaluate your approach. To help you do this effectively, consider reaching out to Joe Turco, an expert with a deep understanding of Boston’s property market. His expertise can help streamline your rental or sales strategy. #BostonRealEstate #BostonRealtor #BostonCondo #BostonHome #Boston #TurcoGroup #MovemetoBoston

🏛️ Friday Fun Fact! 🏛️ Did you know the White House has 132 rooms, including 35 bathrooms and 28 fireplaces? Imagine the challenge of managing that as an investment property! From the grand halls to the historic rooms, the White House is a marvel of real estate. With 412 doors, 147 windows, 8 staircases, and 3 elevators, it’s a property manager’s dream (or maybe a nightmare!). Each corner of this iconic residence holds a piece of history and a unique story. Real estate isn’t just about buildings; it’s about the stories, the history, and the legacy they hold. Stay tuned for more intriguing facts and insights into the world of real estate! Happy Friday, and may your weekend be filled with inspiration and discovery!🌟 #FridayFunFact #WhiteHouse #RealEstate #PropertyManagement #InvestmentProperty #HistoricalHomes #CuppOfWisdom #RealEstateFacts #DiscoverHistory

🏘️Property Portfolio - Angel, North London N1 🏢 Excited to say, I finally got a chance to view this #OFFMARKET portfolio. Due to all 8 apartments being fully tenanted, it’s been logistically challenging. First impressions, what a lovely location! 7 minutes walk to Angel’s Northern Line tube station, 3 minutes from Chapel Market and its bars/pubs/restaurants, vibrant atmosphere and buzzing amenities. These 2 & 3 bedroom purpose built apartments, are screaming untapped potential, some more than others. White walls, dated kitchens, bathrooms and flooring - on the whole mostly cosmetic but to be honest, there is so much #value to be had here. Walking through, I could see an investor with a fire in their belly, makes light work of this and maximizes the standard of living in these apartments. Over the next few weeks, I’ll be working on packaging and presenting this #propertyportfolio to #propertyinvestors Challenges and all, this London portfolio would be an amazing purchase for an investor, who is looking to add £200,000+ gross rental income per annum, at 5.5-6.5% using standard #BTL. More creative and higher yielding strategies would most definitely work here. #leaseholds have all been recently extended substantially. Please reach out for more details or to show your interest. #londonportfolio #propertyinvesting #corporatepropertyinvestor #buyportfolio #Propertymarket #londoninvesting #investinlondon #angelandislington #belowmarketvalue #bmv

Chicago real estate can feel like a whirlwind, here’s how I stay grounded: I’ve lived in Chicago long enough to know that this city is constantly evolving. One day you’re walking past historic brownstones, the next, a sleek modern condo building is popping up. As a Realtor, I’ve learned to embrace the mix of old and new. Which is what makes my listings so attractive. Chicago’s charm is in its diversity. Whether you're into quaint classic architecture or big modern spaces, the key is finding a home that reflects and matches your lifestyle. Here’s how I make it happen: 1️⃣ We start by pinpointing the vibe and energy of the neighbourhoods that truly speak to your lifestyle. 2️⃣ I'll let you show me some properties that speak to you. 3️⃣ Once I learn your aesthetic, I handpick properties that align with your vision, ensuring every option fits your exact needs. My goal is simple: to find a home that’s more than just a space—it’s where you truly belong. Let’s find you YOUR corner of Chicago.

Investment Opportunity: Mixed-Use Buildings on 180 and 182 Graham Avenue Explore the incredible potential of these two mixed-use buildings, strategically situated at 180 and 182 Graham Avenue. Tailored for investors seeking a lucrative opportunity, this package deal offers a blend of residential and commercial spaces with unique features. Each property includes expansive basement storage facilities, enhancing the functional and operational capacity of the investment. 180 Graham Avenue: •Three four-bedroom apartments. Commercial store space. •Prime location for maximum visibility and foot traffic. 182 Graham Avenue: •Three four-bedroom apartments. Commercial space. •Adjacent carriage house with early 1900 architectural historical finishes, adding a touch of heritage and character. •These properties are being offered as a combined package, amplifying the investment appeal. Their proximity to key transportation hubs, such as the Grand St MTA, Broadway, and Lorimer, enhances accessibility and convenience for residents and businesses alike. DM for additional details. #williamsburg #forsale

Discover Villa #11 at YokoVillage, where your investment not only builds a home but also builds your future in one of the most private locations in Santa Teresa, Costa Rica.” Stay with us to uncover how this unique, under-construction villa offers an unparalleled chance to maximize your investment in a booming real estate market." Seamlessly blending privacy, Villa #11 stands alone in luxury, offering exclusive canopy views and spacious design, just minutes from the heart of Santa Teresa." Co-owner investments starts at $50,000 and with $780,000 you secure the whole villa fully built, thanks to a strategic early buy-out at $380,000 for land and current construction—plus a turn-key construction service for an additional $350,000. This investment positions you perfectly to capitalize on a projected post-construction valuation of $1.4 million, and up to $2 million in just 1-2 years." DM to learn more about becoming a co-owner of Villa #11, where your investment grows as your home comes to life." David P. Liran Jakob Rosenfeld

Looking to make a smart move in real estate? Unlocking the doors to lucrative opportunities in real estate often starts with revitalizing apartment complexes. Renovating these properties involves careful planning, from structural upgrades to modern finishes. Whether it’s upgrading kitchens and bathrooms, enhancing curb appeal, or ensuring safety compliance, effective renovations set the stage for long-term profitability. Multifamily properties offer steady returns, but their full potential is unlocked through renovation. From detailed planning and budgeting to executing upgrades and maintaining quality. Comment your experience on how a well-executed renovation plan can turn a property into a coveted investment! #RealEstateInvesting #ApartmentLiving #Renovations