Fernando Branco, Principal Broker
c: 212-321-0115 - e: team@fernandobrancorealty.com -
Fernando Branco Realty - 162 Huntington St, Brooklyn NY 11231
Looking for the best deal in New York City? As an active member of the Real Estate Board of New York, I can help you.
I also help Brazilians relocate to Manhattan, New York!
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I will post interesting news, helpful information, comments, videos, and more about the current Real Estate markets of Manhattan, and Brooklyn, NY.
13 places you can still experience the Gilded Age in NYC
The opulence and splendor of the Gilded Age can easily be found across the city if you know where to look!
The opulence and grandiosity of NYC's palatial homes and buildings from the city's Gilded Age (1870-1900) are once again getting the attention they were built to elicit.
HBO's newest television series The Gilded Agejust premiered in January, whisking viewers' imaginations back to old New York, when monied residents displayed their wealth ostentatiously and turned down their noses at anyone who wasn't their type of rich. This is the main push of the show, which pits "new money" families against "old money" families in the most public displays imaginable.
For those who don't know, "Gilded Age" is a phrase coined by Mark Twain and Charles Dudley Warner, who wrote the 1873 novel The Gilded Age: A Tale of Today. The book described the era as one masked by a thin gold gilding while being full of corruption and major societal problems.
The Gilded Age show begins in 1882 with Marian Brook moving from rural Pennsylvania to NYC after the death of her father to live with her old-money aunts, Agnes van Rhijn and Ada Brook. On the way, she makes fast friends with Peggy Scott, a Black writer looking for a fresh start. It quickly becomes apparent that there's a social war going on between one of her aunts and her rich neighbors—a ruthless railroad tycoon and his ambitious wife, George and Bertha Russell.
As The Gilded Age captures viewers' attention, showing what Old New York once looked like and the grand homes the lucky few inhabited, we took a look at a handful of homes, buildings and other landmarks that still remain from the Gilded Age that you can see for yourself whether on a stroll or on a Gilded Age tour from Context Travel.
A lot of NYC buildings from this era are still around, especially on the Upper East Side, but if you know the architectural elements to look for, it can become a fun game you can play walking through the streets of the city.
April Market Reports: 3 Important Takeaways to Share With Your Clients May 30, 2019 OVER 1,000 MANHATTAN HOMES ENTERED CONTRACT IN APRIL. According to the StreetEasy April 2019 Market Reports, the New York City sales market may be strengthening. This news comes after months of weakening prices across the city, rising share of price cuts and growing days on market. Read on for three takeaways from our most recent report that will offer you and your seller encouraging signs. Nearly 1,200 Homes Entered Contract in Manhattan This April The context: The number of pending sales in Manhattan rose by 26.6% year-over-year to 1,193 in April. That marks an annual increase of more than 250 and the most homes to enter contract since 2015. Upper Manhattan saw a lot of contact activity with pending sales doubling to 132 from 66 the year before. Washington Heights and Central Harlem led the charge with 53 and 29 homes entering contract, up by 104% and 53%, respectively. The takeaway: M
Legal Line Question of the Week - REBNY Transfer Taxes and Grossed up Consideration I represent the prospective purchaser of a new construction condominium unit. In speaking with the sales office for the sponsor, I was informed that my purchaser is responsible for paying both the New York City and New York State transfer taxes. I thought that the obligation to pay transfer taxes was the r esponsibility of the seller. Can you please explain? Generally, when real property (or a co-op apartment) is sold in New York City, the seller is responsible for paying both the New York State and New York City transfer taxes. In residential real estate transactions where the purchase price is greater than $500,000, the New York City transfer tax equals 1.425% of the purchase price (and where the purchase price is $500,000 or below, the New York City transfer tax is 1% of the purchase price). The New York State transfer tax is .4% of the purchase price. New Yo
Manhattan’s 2016 Narrative – 5 Main Themes to Know 2016, the year of normalization… After five straight years of progressive reflation in Manhattan residential real estate (2010-2015), buyers finally saw the leverage pendulum swing their way. Of course, just how much leverage a buyer gained still heavily depends on the price point. What’s happening at the high end is drastically different than what’s happening at the lower end. Lets discuss before the firms Q4 market reports are released. Here are the 5 themes you need to know about Manhattan’s 2016: Read more...
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