Press Releases Casandra Properties

Electrical work requires skilled hands; be it in your home or commercial property. While you may be able to change a light fixture on your own, it would be a sensible idea to appoint a specialist to handle the heavy-duty electrical work.

Hiring an electrician for your home might appear like an easy task. However, when it comes to such electrical services, it would be in your best interest to do a little research before appointing someone for the job. With professional agencies such as THG electrical getting any electrical work done on your property in Adelaide has now become a cakewalk. Here are a few tips that can help you find the best electrician in your city.

Faulty electrical repairs will not only add on to your recurring costs but can endanger…

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Storefront Vacancies on 2 of Staten Island's Corridors

Posted by Casandra Properties on September 4th, 2019

Casandra Properties CEO, James Prendamano, recently had the opportunity to speak with Tracey Porpora of the Staten Island Advance about a recent report conducted by the City Planning Department entitled “Assessing Storefront Vacancy in NYC.” The report highlighted 2 areas on Staten Island; New Dorp Lane and Port Richmond that have experienced storefront vacancies.

James was quoted saying, “Both of these corridors (New Dorp Lane & Port Richmond Avenue) were once walkable and on-site parking was not a requirement. One of the unintended consequences of downzoning and zone changes in the surrounding neighborhoods have in essence frozen these buildings in time. They don’t have adequate on-site parking that meets the retailer’s requirements. When you…

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Staten Island’s North Shore Has Arrived

Posted by Casandra Properties on January 9th, 2019

I was thrilled to read an article from New York Post on St. George being listed as one of the hottest NYC neighborhoods for 2019. We are proud to be one of the pioneering firms in St. George and Stapleton over the last few years. Casandra Properties has been involved in many projects on the North Shore.

Originally, we did the initial assemblage and worked through the entitlement process for The View that resulted in some of the highest rental comps that St. George had ever seen. We then subsequently sold the building for $22m to a local investor. We are proud to report the building is at 90% occupancy and serves as a cornerstone in the neighborhood.

We were the exclusive reps that sourced the land, brought the developer through the approval…

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Increasing Rents, Decreasing Space

Posted by Casandra Properties on November 30th, 2018

Urby Apartments Staten Island Casandra Properties I’m always happy to weigh in on Staten Island real estate and yesterday I had the opportunity to speak with Tracey Porpora from Staten Island’s Advance. Without question, we have seen a shift in the way people live here on Staten Island. From the millennials down, there has been a deviation from the traditional larger housing stock we have been accustomed to on Staten Island.

According to Rentcafe.com the average apartment in the US has shrunk by 52 square feet in 10 years. So, why are people willing to pay more for less? Many apartment complexes are adding high end amenities to their apartments and building commons spaces. With careful planning you are able to drive higher rents out of smaller apartments. However, today’s consumer is extremely…

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Industry News: New iBuying Platform for Online Home Buying

Posted by Casandra Properties on September 26th, 2018

As real estate professionals, it’s important to stay informed when it comes to industry news. The landscape is constantly changing especially with the advent of new technology in the digital arena. This is changing the way we sell, market and purchase real estate.

It’s been reported that a new start up called Bungalo has launched a solely digital platform where buyers can search, finance and purchase newly renovated homes. Bungalo joins a growing group of iBuying platforms that includes Opendoor, Zillow and Redfin. All of these online platforms purchase and sell homes directly to clients after renovating the houses.