May 2019

Found 7 blog entries for May 2019.

Fulfilling Demand in Midland BeachBesides the proximity to the beach, public transportation, shopping, restaurants, ability to take a tranquil scroll along the boardwalk, Midland Beach's short distance to the Verrazano Bridge makes it a destination in demand with many former Brooklynites; many of whom still have close relatives, businesses, and maintain jobs in their former hometown. Even with all these positive traits and despite the property being located in a flood zone, Casandra Properties was able to secure a higher than average sales price for this large townhouse, selling it for top dollar in the high $570,000's. Whether you're seeking to buy or sell in a hot neighborhood or a latent one, Casandra Properties will make sure to complete the transaction at the highest level of

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44 Edith AveThe Nixon  McGowan Team at Casandra Properties is excited to announce this new listing! Impressive luxury all brick center hall colonial located in prestigious South Shore neighborhood of S.E. Annadale. This one of a kind home is located on a private block across from the greenbelt.

 

This impressive home includes a two (2) story foyer entry, formal LR, formal DR, generous size family room with fireplace and access to backyard deck. Beautifully designed eat in kitchen with Wolfe and Subzero appliances.

 

The second floor features large master bed with private bath which features skylight for natural light, shower and jacuzzi tub. There are three (3) additional bedrooms with a shared bath.

 

The lower level includes summer kitchen, bar,

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2381 HylanFirst time offered for Sale 2381-91 Hylan Blvd., Staten Island 10306.  With over 24,000 GLA, this fully occupied shopping center is conveniently located mid-Island in the New Dorp/Grant City section of Staten Island.  The highly- visible Hylan Blvd. location boasts an average daily car count of approximately 40,000.   Three floors of commercial space are comprised of a mix of office and retail tenants. Each level is serviced by an elevator making all ADA accessible.   Ample parking on- site and easy accessibility from the Verrazano Bridge and I 278 make this a very desirable location.   

Call Sonia Tomai at 718.816.7799 for further details. 2381 Hylan Blvd

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Our CEO, James Prendamano, recently had the opportunity to speak with Nicholas Rizzi from the Commercial Observer in reference to the rezoning of Bay Street.  The City Planning Commission has approved the rezoning after nearly five years of planning. 

 

The rezoning that covers a 14-block portion of Bay Street will add an estimated 1,800 new apartments and 6,500 residents.  James was quoted saying, “It will bring much needed additional development and this gives some of our best and brightest and youngest minds the opportunity to stay.” 

 

In addition to the residential apartments roughly 275,000 square feet of office, retail and restaurant space will be added to the area.  Casandra Properties, Inc. has been intimately involved in the

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176 Van DuzerThe Nixon McGowan Team at Casandra Properties is excited to announce that 176 Van Buren Street, Staten Island, NY is back on the market!  This listing is definitely not one you want to miss out on!

 

Features for sale is a single family fully renovated brick home. The first floor features two (2) bedrooms, kitchen, dining and full bath. The second floor includes two (2) more bedrooms, 3/4 bath, exposed brick with tons of light. Finished basement with another full bath. Just minutes away from Staten Island Ferry and the Saint George revitalization. 

 

For more information contact the Nixon McGowan team at 718-816-7799 or email Brian@CasandraProperties.com or Rob@CasandraProperties.com.

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New York CityJames Thompson is a partner at Scamardella, Gervasi, Thomson & Kasegrande P.C and has shared his knowledge of the new Transfer Tax laws with us below.

 

In April 2019, New York State passed a budget that included substantial changes to the real estate transfer tax laws. A summary is below for your reference. The changes apply only to cities within New York State having a population of one million or more. Accordingly, practically speaking, these changes apply only to transfers of real property in New York City.

Generally, the new rates apply to any transaction closing on or after July 1, 2019. However, it is important to note that there is an exception for any transfers made pursuant to a Contract entered into on or before April 1, 2019 and

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Front StreetExciting things are on the horizon for the Stapleton Waterfront. The article in the Staten Island Advance gave residents a glance of what is to come on the stretch of waterfront along Front Street. Casandra Properties has been at the forefront of the North Shore revitalization effort and this is yet another exciting development for Staten Island. 

 

The Stapleton Waterfront project is a $120 million investment on 12 acres that will be accessible for the public to enjoy.  The final design is scheduled to be complete in 2020.  This area will provide a playground, BBQ area, sports courts, dog run and more providing Staten Islanders and visitors alike to enjoy the beautiful waterfront that has been underutilized for so many years.  

 

Here at

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