The High Line: Changing the Old into the New

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By Linette Semino

Since the High Line opened in 2009, many real estate buyers have focused their hunt on “West Chelsea,” which is bounded by West 14th Street to West 30th and Ninth Avenue to the Hudson River. In a city desperate for more open spaces, nature loving New Yorkers are thankful to have this beautiful urban garden in their community and proud that a structure slated to be torn down is now an exemplary park. The High Line is changing a once decrepit structure and old neighborhood into a brand-spanking new park and vibrant community. Since 1980, the elevated freight tracks of the High Line sat unused and were scheduled to be demolished. Luckily, in 1999, residents Joshua David and Robert Hammond formed Friends of the High Line to save the historic structure. The organization, with its celebrity-studded group of supporters, now raises funds to maintain and operate the park. According to the New York Times, 4.4 million people visited the High Line in 2012, and that number is expected to increase significantly this year. A wave of trendy hotels, restaurants, boutiques, art galleries and nightlife venues have arrived in the wake of the High Line’s rebirth. Today, the High Line’s popularity has driven real estate prices sky high with new condos in West Chelsea commanding prices of $2,500 to $3,500 a square foot.

A Pristine Kitchen

By Linette Semino When did all-white kitchens become so trendy in Manhattan? Classic ivory and white color schemes are always in style, especially when it comes to kitchens. In recent years, cozy and warm multiple-color kitchens became old-fashioned and sleek all-white kitchens in vogue. In Manhattan a white kitchen is ultra-glamorous and I see minimalistic…

Unsurpassed views of Central Park

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By Linette Semino

Central Park’s real estate dominance is known worldwide; the neighborhoods surrounding this legendary park supply luxurious residential properties with price tags surpassing the $20 million mark.  Today, a trophy penthouse on Fifth Avenue is on the market for an astonishing $125 million. These high-priced trophy residences are fixtures in the luxury real estate market and bold-faced buyers are willing to pay exorbitant prices for residences with panoramic views of Central Park.

Fahad Ghaffar: Financier Re-envisions Trump Property In Puerto Rico

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By Isaiah Negron

Entrepreneur and finance wunderkind Fahad Ghaffar is reaching new heights by creating an empire of private yet affordable luxury properties. After graduating from the University of Virginia in 2005 with a degree in finance, Ghaffar took a job in investment banking. As he built solid relationships with important players in the financial world he also learned the ins and outs of the real estate market. He discovered a new niche market and started buying neglected off-market properties directly from banks, lenders and private equity investors and transformed them into thriving residential complexes. “It made financial sense,” said Ghaffar. “We can create a quality product while simultaneously protecting buyers from volatile markets.”

Luis D. Ortiz: A Newfound Love

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By Anna Ryan

Co-starring in the Bravo television series, Million Dollar Listing, 26-year-old Luis D. Ortiz truly climbed the ladder of success when he got into the business of real estate. While real estate may not have been his first passion, Luis demonstrates that there may be something better out there to fall in love with.

Peconic County: Just a Myth?

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By Jerry Kremer

There are all kinds of events that take place over an anticipated period of time. Locusts are usually on the way every seven years. The Cicada bug makes an appearance every 17 years. Halley’s Comet is said to flash through the skies every 86 years. And just about once every ten years a group of true believers will call for the creation of Peconic County.