In the News

Recent news articles that Casandra Properties and our agents have been mentioned in. 

Found 20 blog entries about In the News.

We always welcome the opportunity to chat with our friends in the press.  It’s an extra special treat when we can opine about our beloved Staten Island Real Estate market. 

I had the pleasure of chatting with Tracey Porpora over at the Staten Island Advance last week about New York City’s ranking for affordability of first time homebuyer’s options.  The title of the article was Staten Island Most Affordable in NYC for First Time Home Buyers, Realtors say.

The list was published on WalletHub.com.  This personal finance website ranks a host of categories city by city related to personal finance.  

The website focuses on twenty-seven different metrics designed to factor in everything from Real Estate tax rates to property crime rankings - from cost of living

82 Views, 0 Comments

Top 10 CommunitiesOur CEO, James Prendamano, spoke with Tracey Porpora from the Staten Island Advance to discuss the Top 10 Staten Island communities for home buying in 2019.  Staten Island residential sales remain strong across the Island with 1,358 homes sold so far, this year.  

 

Great Kills and Westerleigh came in as the top 2 communities for home buying this year.  “Westerleigh offers the best of the North Shore with certain South Shore elements, and Great Kills offers many of the South Shore Housing stock benefits, but is still home to transportation hubs and a manageable commute,” said James Prendamano. Annadale, Huguenot and Eltingville followed Great Kills and Westerleigh on the list to round out the top 5 communities with the most homes sold on Staten

86 Views, 0 Comments

Our CEO, James Prendamano, spoke to Tracey Porpora from the Staten Island Advance to discuss how rent reform would affect Staten Island tenants and landlords.  The proposed rent reforms would prevent landlords from increasing rents to a maximum level upon lease renewals and would limit rent increases for major capital improvements. The reform also puts an end to high-rent vacancy deregulation and the 20% vacancy bonus.

 

James was quoted saying, “Tenants are fighting to close some of the loopholes to protect and stabilize rents.  Landlords conversely are fighting to have more control and freedoms over their assets. At the end of the day, we should be striving to find the middle ground. The city and the state continue to be more expensive and

202 Views, 0 Comments

It’s always a pleasure to have the opportunity to discuss Staten Island Real Estate with Tracey Porpora from the Staten Island Advance. Most recently, our CEO James Prendamano, shed some light on the rising rents in Staten Island.  He was quoted saying “The general principals of supply and demand certainly apply here. As Staten Island becomes a more viable option for renters, particularly on the North Shore, the supply, which has been trending upward, simply cannot keep up with the market demands at this time.”

 

With all that the North Shore has to offer such as magnificent views, close proximity to public transportation and many apartment buildings offering countless amenities it’s no surprise so many people are looking to the North Shore for

131 Views, 0 Comments

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

638 Views, 0 Comments

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

196 Views, 0 Comments

Flying TeeCasandra Properties is excited to announce the latest addition to Empire Outlets.  Flying Tee is a 22,000 SF interactive indoor golf simulator that will bring not only entertainment but a modern ultra-lounge bar and dining service to Empire.  The deal was brokered by our CEO James Prendamano and Associate Broker Brian McGowan. James was quoted in the Staten Island Advance saying, “At Empire Outlets, we say it’s all about the experience.  TEE SUITE will bring a one-of-a-kind world class food and beverage and golfing entertainment venue to New York City’s waterfront.”

 

Flying Tee provides a unique and interactive experience for guests of all ages and skill levels.  With their state of the art experience coupled with the magnificent views of the

173 Views, 0 Comments

Empire OutletsCasandra Properties is excited to announce that Lucky Brand has signed a 10-year lease at Empire Outlets. Our CEO, James Prendamano, brokered the deal and stated in the recent article in the Commercial Observer that Lucky is an authentic brand that will be a tremendous addition to Empire Outlets.

 

Lucky Brand Jeans is an American company founded in California in 1990.  Lucky also produces other apparel in addition to their iconic denim such as outerwear, T-shirts and activewear. 

 

With the Grand Opening of Empire Outlets slated for May 15th, many shoppers are eager to have the chance to experience the highly anticipated outlet center.  Lucky joins a tremendous line up of tenants such as Nike, H&M, Gap, Banana Republic, Old Navy, Brooks

245 Views, 0 Comments

 James Prendamano

Casandra Properties is extremely excited to announce that our CEO, James Prendamano, has received two mayoral appointments with the New York City Economic Development Corporation. 

 

“I want to thank Mayor DeBlasio, Borough President Oddo and NYCEDC for this opportunity. As a lifelong Staten Island resident, it has always been my passion and goal to serve my community.  I am honored to be serving on these boards that will allow me to raise awareness and connect the dots these amazing programs offer to Staten Island and New York City.”, said James Prendamano.  

 

James will be serving as a director of the New York City Industrial Development Agency (NYCIDA), which provides financing assistant to businesses.  He was also appointed as a

304 Views, 0 Comments

American Eagle Empire OutletsWe are thrilled to have made the top 10 NYC retail leases in February for the signing of American Eagle/Aerie at Empire Outlets. Our CEO, James Prendamano, brokered the deal that came in at #7 on the list and was featured in this article by The Real Deal.

 

“American Eagle Outfitters’ has a passion for innovation and superior customer experiences that aligns perfectly with our vision for Empire Outlets. We are thrilled to add them to the Empire Outlets family, giving shoppers even greater access to premier retail stores,” said James Prendamano.

 

American Eagle is a retailer offering high-quality, on-trend clothing and accessories while Aerie is a lingerie and intimate apparel sub-brand of American Eagle and has recently been called one of the

182 Views, 0 Comments

Sign up for email updates