2016 New York City Real Estate Predictions

The New York City apartments for rent market can be an extremely tough and cutthroat environment. The key to navigating the maze of NYC real estate in a stellar manner is have the utmost in a professional acumen. In just five short years, TOWN Residential has established itself as real estate agency that has the best customer service, including in the areas of leasing, marketing, and commercial and retail as well.


The key to TOWN Residential’s success would be the unsurpassed professionalism of each and every agent that represents the firm. The representatives associated with this firm truly go the extra mile for each and every client and our proud of the fact that the firm was recently designated as a Best Firm to Work For.


Part of their excellent customer service comes from the fact that they are able to stay abreast of the current market trends. One interesting article they would recommend would be a recent one that notes 8 predictions for NYC Real Estate for the 2016 year. Consider the following:


  1. Interest rates will raise and there will be a cooling in prices.

One prediction has it that interest rates will raise up in 2016. If the rates do indeed rise, the buyer demand will go down and pricing will decrease.


  1. Real estate deals will be more complicated.

Deals will happen in this new year, but they will be more difficult to accomplish. The real estate transactions will be a bit more complicated. Buyers will want more deal contingencies and will require more of the sellers.


  1. Buyers will need more time to make decisions.

Buyers might need more time to make a purchase. They may need to make more than one visit to a property and might need up to three weeks to consider a contract.


  1. Buyers will desire prime locations.

The market is softening, which means that buyers will desire more prime locations.


  1. Baby boomers will still be an important segment.

Baby boomers will have a desire to be near grandchildren and they will often decide to purchase a second home or downsize from a suburban home in order to be close to them.

It is important to remember that a number of factors can affect the housing market, and so that is why the representatives at TOWN Residential believe it is important to learn and study the real estate markets as closely as possible.

Slyce leads the way in Visual Shopping Technology

Technology in and of itself has always been an area of interest to those who wish to apply it in the retail arena. Many companies like Slyce have brought to the retailer a method for offering goods in a modern and visual manner. This technology does in fact allow the end user a more viable and precise manner of shopping for a specific item and in doing that brings about a higher rate of completed sales.

Slyce has implemented visual search technology that allows the shopper, using graphical references, the ability to find exactly what they are looking for. This technology still in its infancy has already brought increased sales to the retailer and has been a benefit to the retail apparel industry specifically. It is this technology that has opened the door for many startup companies to hone the artificial intelligence that comprises what is the backbone of ‘Visual Shopping’.

In an article companies like Stylumia Intelligence Technology Pvt Ltd. have invested a great deal of money in their artificial intelligence technology. The demographic that they are trying to reach offers a unique opportunity for the retailer to not only increase sales but also assemble a large base of information that can help them in the development of new products. Many companies like Stylumia have received thousands of dollars in startup money in order to help expedite this growing technology.

Ram Prakash a developing engineer for Stylumia details that the technology they are developing is designed specifically for fashion and as such will offer a higher margin of success. Prakash is quoted as saying, “They look at the patterns and say this is doing well because this is a red colour T-shirt with a contrast collar, what they cannot do right now is look at the same red colour T-shirts with contrast collars which are not doing well. They do not have a way to see all the relevant data together. That’s another problem that we are trying to solve.”.

This type of machine decision making is old hat to Prakash and for companies like Slyce and Stylumia it is an uphill battle for making not only the technology viable in a real world environment but also convince the retailer that the use of ‘Visual Shopping’ is the next frontier in the pursuit of online shoppers.

In the final analysis it was said years ago that online shopping as a general reality would never be as prevalent as your standard brick and mortar shopping experience. This over the years has been proven false. It is startup companies like Stylumia and the foresight of companies like Slyce that will bring us all into the twenty-first century.

Manhattan Real Estate Market Conditions and Trends Illuminated in The Aggregate

With the beginning of a new year comes The Aggregate, Town Residential‘s quarterly residential market report. One of New York’s most prominent luxury real estate firms, Town Residential reports a continuing rise in price action for the fourth quarter of 2015. The average sales prices in Manhattan rose to $1,976,660, a 5.2% gain. There was also a 16% growth in the median sales price to the sum of $1,150,000.

Trends in price per square foot have continued to rise, reaching $1,365 by year’s end, an increase of 6.2%. The most compelling year-over-year gains came from the median sales price of condos in Manhattan, with an almost 20% increase for the fourth quarter, coming in at $1,736,250. There was also a significant increase in median price per square foot trends, up 7.6% from the third quarter of 2015, and a staggering 11% from the year ago period.

There was an increase of 4.6% in the average Manhattan co-op price, up to $1,272,902 from $1,217,017 in 2015’s third quarter. The average price for a Manhattan co-op rose 6.4% on a year-over-year basis. Average price per square foot saw a 6.3% rise from the year ago period, coming in at $1,087.

There were increasing price trends in nearly all segments of the properties by size category during the fourth quarter. The median price of a one bedroom condo was $1,080,000, while a two bedroom condo was $2,056,865, and a three-plus bedroom condo was $4,421,300. On a particular note, there was a 15% increase in the median price of a 3+ bedroom cooperative over the last quarter, eclipsing the $3,000,000 mark.

The Aggregate is a report of residential sale transactions from October through December. It offers insight into current market conditions and trends with comparisons of the transaction values with quarter-over and year-over values.

North Korean Defector Yeonmi Park

Yeonmi Park had to leave North Korea to even understand the meaning of the word freedom. She didn’t understand the word or the concept of freedom. Like most refugees, she was astounded at the sights and sounds of freedom, which to her was most evident in the plentiful food. There was so much food in fact, that the waste involved could feed villages. Park is author of In Order To Live: A North Korean Girl’s Journey to Freedom. She was 13 years old on March 31, 2007 when she crossed the frozen Yalu River into China with her mother. The two crossed China, traveled through the Gobi Desert, to the Mongolian Border, where after a journey lasting years, they flew to South Korea. Detractors are quick with lists of sins and omissions and accusations of them being agents of the United States. Discrepencies and inaccuracies abound, according to Reason.com. There are tens of thousands of North Korean refugees throughout the world. There is concern that the human rights abuses and political persecution these refugees have suffered will be diminished by Yeonmi’s story if it can be disproven. Now 22 years old, the delicate pretty Yeonmi of casey and yeonmi show,stands by the veracity of her story on the Reason saying only that she still has relatives in North Korea, that she was raped during this period of time, and that difficulties with translation were a part of the problem. Both she and her mother were victims of sexual trafficking for two years before they escaped China. They also faced famine on a constant basis all the time they were in North Korea.

Give your pup the best, with Beneful!

Dogs are a mans best friend, for many their canine friends are more like family. Now ask yourself this: Would you feed your family, food products that contain ingredients that may harm them? Would you feed your family food that could end in fatality? If you answered no to any of the questions above then I recommend feeding your furry friend Beneful brand dog food. Beneful is loaded with everything your pet needs and none of the fillers that they don’t need. Beneful is one of the few companies that exclusively focuses on and produces food for dogs which include dry food, wet or canned food, as well as a wide variety of snacks. The Beneful Healthy Harvest product line, was added in June 2005, Healthy Harvest was the company’s first premium dry dog food to feature soy as the major source of protein (which is extremely important is a dogs diet) rather than meat. The Beneful Prepared Meals were developed by Petco in March 2006. With eight flavors in total, the line featured resealable, multipurpose packaging where the packages also served as a dog food bowl, making feeding your pooch that much more convenient. Beneful’s clever form of packaging was recognized with the Pack Expo Selects Award at the Showcase of Packaging Innovations in early 2000. It’s easy to see why Beneful is such a popular dog food and why Beneful is an internationally known product. If you are thinking about changing your pets diet, I highly recommend switching to Beneful, your pup will thank you!

Best Beneful Dog Food Products Suitable For Your Dog

Beneful is a registered company that offers a variety of ready dog foods across the entire world. Beneful deals with the preparation of dog foods that observes the AACO standards and approved to promote growth and body maintenance of your dog. Varieties of food manufactured by Beneful company ranges from dry to wet foods. It is a pet food industry that was founded on 2001 by Purina pet care.

Beneful incredibites dry dog food
Beneful incredibites is a dry food that is manufactured with high standards. The blend consists of high quality and great taste that your puppy enjoys. Beneful incredibites is made of a balanced diet to make your dog healthy and ever happy.

This dog food variety is made of ingredients such as whole wheat flour, chicken by product, beef and corn. Chicken is used as the main protein source on finance.yahoo.com whereas corn is used as the primary carbohydrate source.

Beneful on target incredibites improves dog immune system and improving energy levels. Feed your dog at least twice per day and provide him with adequate water to keep your dog strong and active.

Beneful original dry dog food
Original dry dog food comprises of real beef that provides your dog with protein for body building your dog muscles. Original dry food from Beneful keeps your dog active all the time. It is always recommended to feed your dog with original dry food at least twice a day.

Original dry food also contains carbohydrates sources that provide your dog with adequate energy to play all day long. This dog food also comprises vegetables that support healthy functioning of your dog. Beneful original dog food contains Omega fatty acids that help to boost your dog’s immune system.

Beneful Chopped wet dog food
The Beneful Chopped dog food comes with added sauce that makes the food taste delicious for your dog. The Chopped wet dog food composes barley, beef products, carrots and peas. Barley ingredient provides your dog with adequate energy whereas the meat provides enough protein in your dog’s body. This food product maintains the health of adult dogs and promotes the growth of puppies.

A three-quarter cup of Beneful Chopped dog food is ideal for your dog in half a day.

Beneful playful life dry food
Beneful Playful life is highly manufactured with eggs and beef as the main ingredients. This dog food product provides your dog with adequate proteins. Proteins help in building your dog muscles.

Playful life food also comprises of spinach and blueberries to provide your dog with vitamins.

In conclusion, Beneful dog food products are AACO certified to provide your dog with adequate energy and health. Feed your dog with Beneful dog food products to keep him active all day long.

The Life of Yeonmi Park

For many times, Yeonmi Park has spoken out about the harrowing story of her life on caseyandyeaonmi since she was a young girl. In all those times, she never revealed most devastating details she encountered in a repressive society and through her journey to freedom. In her book, Park said on NKNews.org she never eaten on regular basis and was made to believe that the North Korea’s leader, Kim Jong II, could know what is in her mind. When her father was arrested and taken to a labor camp for engaging in illegal trading in order to provide for his family, Yeonmi was branded as the daughter of a prisoner. Her family was subjected to cruel acts because they were regarded as criminals like her father. In 2007, Park and her mother were smuggled into China on their way to search for freedom. She knew the journey would not be easy, but she never imagined the magnitude of the hardship they could face. Park didn’t enjoy her childhood while in China and to some extent her life was in danger. She has told her entire story in her book that was released recently entitled ‘In Order to Live’. Yeonmi Park was born in 1993 in North Korea in a town called Hyesan where her father worked as a civil servant in that town. In her early years, her family was privileged but they later struggled when her father was arrested. After crossing into China, Park and her mother were assisted by missionaries from China and South Korea and taken in the port city of Qingdao in China. At this city, they evaded the attention of authorities due to the large Korean citizens in that city. The missionaries assisted Park and her mother and they fled to South Korea where there was freedom. Park and her mother were able to find jobs in South Korea although they encountered some challenges in adjusting to new environment. Park was able to proceed with her education at a university in Seoul. Park joined other North Korean activists and defectors who were advocating for freedom back in their Native country.

Manhattan and Brooklyn Home Sales and Rents Reach All-Time High

According to Luxury Daily, Manhattan’s real estate grew nine and a half percent in the third quarter, making it the fastest growth recorded in the last seven years. Both rent prices and home sales have increased in Manhattan, Brooklyn and other boroughs in New York City. Additionally, the market is seeing home prices at an all-time high. Twenty percent of homes in the Manhattan and Brooklyn boroughs can be labeled luxury, as determined by high asking prices relative to nearby averages sales prices.

In addition to increased listing prices, Manhattan rent prices increased over ten percent since last year. Brooklyn’s rent increased, but at a less dramatic one and a half percent. Median rent prices in Manhattan are over $3,300. Experts predict that higher rent prices combined with a general overcrowding in New York City will push more renters and buyers to South and East Brooklyn and other up-and-coming boroughs of the city. Median home sale prices also rose in Manhattan. Home sales were up over six percent from 2014, and the median home price was over $980,000. Home sales prices in Brooklyn were up nine percent from 2014 and median prices were over $545,000. Although sales dipped in the third quarter, real estate prices in both Manhattan and Brooklyn are expected to continue to rise in the next few months.

Despite the third quarter dip, the NYC luxury real estate market remains as strong as ever according to TOWN Residential. The New York City firm has seen a large increase in home sales and rental prices, especially in Manhattan and Brooklyn. TOWN Residential was co-founded in 2010 by Joseph Sitt and Chief Executive Officer Andrew Heiberger. The real estate firm focuses its expertise in luxury residential home sales and leases, and marketing, leasing and sales of real estate developments. TOWN has seen first-hand the growth in the market, especially in luxury sales.

TOWN Residential works with its clients in this fast-paced market to deliver above expectations. The firm’s top talent and innovative approaches have helped make them leaders in New York City’s real estate market. The company was named one of the Best Firms to Work For and one of the Top 50 Best Places to Work in New York City.

Why You Need 990sellshomes.com and Greg Hague

The 990 Company is a professional company known for providing homeowners with the most professional real estate company in the industry. Their top of the line services and programs in place for the entire United States is going to help anybody on selling their home. The best part about the 990 Company is that they work with homeowners without expecting high fees or any upfront payments. If you’re on a budget and you really need to sell your home, it’s time that you really consider this company because of what they can provide you.

Selling your home has never been so easy. With the help of the 990 company, they can actually help get your home to be sold as fast as possible. All you need to do first is sign up onto their website and give as much information that you can share with them. The shouldn’t be too difficult for you. All you have to do is provide them with an ample amount of info on your home and your goals. They will help schedule you with a meeting to meet your agent as soon as possible, and the agent will meet with you and discuss your goals and current issues of your home to help it sell at its best price possible.

The best part about this company is the 990 sells homes because it is simply the most affordable option out there. They collect as little as $990 on a commission, and so you can actually save so much more with this company and keep as much of the profits as possible. They handle all aspects of the job, including the listing fees and the handling of the selling of your home. Of course, you will be a part of the process, but they will handle many aspects of the business. Working with this company ensures that you will earn as much from your home as possible.

What many people love most about this company is the fact that the 990 company was created by a guy named Gregory who started the company with a humble beginning. Gregory D. Hague created this company with just three people.

The company was just getting started, and after a short period of time, the company back in the 90’s eventually got more growth because they we’re featured and talked about in different books that helped bring the company to a new level.

If you want to get your home sold, this is the company to go to, and you it doesn’t matter where it is that you are from. You can be from any place in the nation and still experience results with their agents since they have people to help you in every place possible.

Computer Sciences Corporation and the Collaboration with Eric Pulier

CSC is a US multi-national corporation with headquarters in Falls Church, Virginia and it employs 74,000 people in more than 70 countries. They provide IT services and other professional services:

• Cloud – Every innovation can be accelerated through cloud solutions and services. IT reduces costs and improves agility of the business. Transform your enterprise and make it cloud-empowered with the CSC’s Agility Platform™. The head of the program since 2013 is Eric Pulier.

• Cyber Security – If you lack the confidence to securely open your systems to partners, customers and suppliers, CSC offers its trusted services. A 40-year long tradition serves as a guarantee for securing your operations once you decide to venture into the world of 3rd Platforms, Cloud, Mobility, Social Media, etc.

• Big Data – The data world can be very challenging. CSC provides solutions to advanced Big Data and Analytics. The Big Data Platform is a service which gives insights into operations, customers and products. You can choose features like predictive analytics, real-time dashboards, management of master data and other.

• Applications – It can be said that IT organizations operate in two fields. One of them means providing reliability and effectiveness while the other requests from IT to be agile and innovative. CSC’s guarantees success in both of these fields, and helps your business to connect and enhance the two worlds.

• Mobility – The future lies in Mobility. Companies need to make interaction with customers, employees and partners a top priority. The way we deal with machines also plays an important part, as we increasingly access the Internet and control the world with one click of a button.

CSC’s clients include commercial enterprises as well as the US government and non-government agencies. A Fortune 500 Company since 1995, CSC was ranked 185th in the rankings in 2014. The company can also be found on the Forbes Global 2000 list.

Eric Puller – CSC’s Vice President

About Eric Pulier
He is an American entrepreneur, author, and philanthropist. He began programming computers in the fourth grade and started his database computer company in high school. Pulier began studying at Harvard University in 1984 and graduated magna cum laude in 1988. He majored in English and American literature, took classes at neighboring school MIT, was an editor and wrote a column for The Harvard Crimson. Pulier founded People Doing Things (PDT) in 1991 when he moved to LA. PDT was a company that addressed health care and education through the use of technology. Pulier’s effort was one of the main reasons behind the building of Starbright World, which is private social network for children who are chronically ill. Starbright world is designed so that they can chat, blog, post content and meet others who share similar experiences.

Pulier founded a US firm called ServiceMesh and worked for CSC after he sold ServiceMesh to CSC for $282 million in 2013. He has been vice president at CSC since the takeover and global head of its mentioned cloud organization.

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