Staten Island Real Estate News

zombie property si

The Staten Island Advance reported that on December 20, 2016, a new law protecting communities from the blight caused by zombie homes will take effect.

Said James Prendamano, Managing Director of Casandra Properties, “I applaud Governor Cuomo and the legislature for passing “Zombie” legislation and hope the banks and mortgage companies take action to comply.

“In essence, what happens when a bank

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By James Prendamano

Recently the Staten Island Chamber of Commerce, in conjunction with the New York City Department of Small Business Services, conducted a survey of businesses and residents in the North Shore to gauge their perception of the area and to determine what would be needed to spur economic development.  High on the list was the need for increased public safety, the need for more

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SI Home For Sale

By James Prendamano

Last week I spoke with the Staten Island Advance about Staten Island homes for sale and the outlook for the future.  Across the board, realtors agree that our borough is the best place for people to invest in a home, condominium or co-op. 

My belief is that the Staten Island real estate market should see steady growth over the next 12 months – marking the 3rd consecutive

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By Brian McGowan

When it comes to home buying, many real estate professionals believe that millennials don’t want to own their own. There is no doubt that first time home purchases are down significantly. In fact, it is down across all age groups, dropping from 69% in 2004 to 63.7% in 2015. The National Association of Realtors reports that first time home buyers are down 8%. As of March 2016,

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two boots pizza staten island

By Rob Nixon

Two Boots Pizza is coming to Empire Outlets adding to the great mix of restaurants choosing to locate on the North Shore.

Two Boots Pizza leased 2,865-square-feet of space in New York City’s first outlet center.  The restaurant will include an 800 sf deck with spectacular views of the Manhattan skyline.

St. George, Tompkinsville and Stapleton are becoming home to “meet & eat”

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Millennial shoppers Staten Island

By James Prendamano

A June 19th article in Women’s Wear Daily announced that Neiman Marcus Group Ltd. LLC reported an 81 percent decline in profits going from $19.8 million to $3.8 million, marking a drop in sales for its third consecutive quarter.

”Across the board the numbers are down significantly and the culprit”, they say, “…is a decline in tourist traffic and an oil patch disruption in

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view living room staten island apartment

By Brian McGowan

Renting an apartment in Manhattan is out of reach for many singles and young professionals. Those apartments that are within budget, tend to be bare bones or tucked away from the action.

The View, on Staten Island offers luxury apartment rentals at an affordable price right in the heart of St. George, a 20 minute ferry ride away from Downtown Manhattan.

The View offers 1 & 2

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SI Real Estate Photo

By Brian McGowan

Real Estate is one of the fastest growing industries in the United States and there is no more competitive place for buying and selling real estate than in New York City.

For people who find Manhattan real estate prices out of reach, the outer boroughs are quickly becoming acceptable locations to invest their real estate dollars. Staten Island is no exception – in fact, Staten

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Rob Nixon Staten Island Commercial Real Estate

By Rob Nixon

When searching for commercial real estate you can find a great return on your investment in Staten Island. Until now, the Staten Island commercial real estate market has been dominated by local developers who understood the potential of New York City’s smallest borough. Thanks to Casandra Properties’ commercial real estate team, off island investors are taking a closer look at Staten

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pokemon go Staten Island retail leasing
By James Prendamano

 

Through the ages children have been fascinated by games of hide and seek.  When I was a kid we played “Man Hunt” and we ushered in spring with Easter Egg Hunts.  Most people enjoy solving riddles which is why Pokemon go and scavenger hunts for adults have become so popular.

“Escape Rooms” have been popping up in Las Vegas, California, New York, Florida and South Carolina.  These businesses are made up of various rooms that seem to be ordinary but are in fact a mystery puzzle.  Players gain access by purchasing an admission ticket then they are locked in a room where they must find hidden objects, figure out the clues and solve the puzzles to earn their freedom within a limited time frame (usually 60

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