Author: NY Living Solutions

Welcome to NYLS, Specializing in New York City & Manhattan Apartment Rentals, Condo & Coop Sales, Short Term Rentals, No Fee apartment Rentals, Luxury Apartments and more. Seasoned with immeasurable and indispensable NYC real estate experience spanning over the course of two decades, Michael Pakula and Andrew Ziff are Partners of NY Living Solutions LCC. Since our inception, NY Living Solutions’ transparent, practical, and professional approach to business has secured our position among the leading firms in the New York Metropolitan area. Our mission is to demonstrate the highest level of integrity, while providing superior service that underscores our commitment to our clients’ needs and budget. With our devotion to personalized service, we pride ourselves on drafting time efficient and cost effective searches, resulting in high quality sales and rentals for each of our clients. We have built our company on the premise of delivering exceptional value-driven service that ensures client referrals and repeat business. Our expert Agents & brokers educate clients on all aspects of relocation, and advise them on the best selections for their lifestyle. We provide comprehensive relocation services to corporations and individual clients and their families. Our all-inclusive service addresses all aspects of our clients’ relocation needs, including finding the perfect property, hiring movers, ensuring utility setup, identifying schools and other important community characteristics, renting furniture (if necessary, arranging cleaning services, etc. We invite you to experience the NY Living Solutions package for yourself.

Will Britain’s impending exit from the European Union affect the New York luxury real estate market?

It appears that both luxury buyers and institutional-sized investors may soon be choosing NYC as an alternative to London. 

Britain’s economic and political turmoil may prove to be good news for New York’s real estate market as the value of the pound dropped to its lowest since 1985 after the U.K. officially voted on June 23rdto leave the European Union. Sorting through 43 years of treaties and agreements is no easy task, and it may take a full two years for the country to negotiate its withdrawal and officially cease being a member. 

According to Manhattan-based international real estate attorney Ed Mermelstein in a June 2016 article featured on Brick Underground, he’s observed an influx of investors over the last six to eight months choosing New York over London to do business and invest in the luxury real estate market. This may be an indicator that real estate investments were slowing across England even before the “Brexit” issue. New capital gains tax for foreign investors implemented in 2015 and more stringent visa requirements seem to have already created issues for foreign investors looking to live in England.  
What could the Brexit vote mean for prospective buyers in the New York market for properties in the million-dollar range? Probably not much as the vast majority of foreign buyers are typically in the market for condos over $5 million. Additionally, foreign investors purchasing in New York typically do not consider co-op’s. 
New York Living Solutions, a boutique real estate firm located in Lower Manhattan has access to a multitude of preeminent luxury properties in Manhattan. Our devotion to highly personalized service has resulted in many pleased clients. We look forward to working with you on a time-efficient and cost effective search for your perfect property.  

Rental Incentives during peak summer months in NYC? Sounds too good to be true but it’s not.

New York’s prime leasing season is well under way and there are more choices then ever for prospective renters. Typically, from May through August property owners across New York City have the upper hand as college graduates flock to the city in preparation for their new jobs as well as families gearing up to secure a residence before the new school year. Renters in NYC know all too well to expect higher rents during these summer months, and those that find themselves in the cycle of leasing during the summer are usually prepare for sticker shock.
For the first time in almost four years of growth in the NYC real estate market property owners are having to get creative with incentives like paying the broker fee and offering free rent to attract more interested renters. There are more choices in the market now more than previous years because prices are beyond what most people can or will pay for a rental. Renters looking for a new place to call home this summer have a competitive advantage as they can be more choosy in what they put an application in for. People who may not have ideal credit are getting approved much faster than in past as landlords appear to be more willing to work tenants. While incentives are typically neighborhood specific, certain older rental buildings are also competing by offering their own incentives.
As one of the leading boutique firms in the New York Metropolitan Area, NY Living Solutions specializes in helping renters and buyers navigate the Financial District. NY Living Solutions has access to many no-fee apartment rentals all throughout Manhattan including luxury condominiums as well as new grand opening properties with incredible amenities.



Here at NY Living Solutions, we’re continuing our look at the history of the area that we call home, this time focusing on Financial District’s neighboring neighborhood, Battery Park City. While the two border each other, Manhattan’s Financial District and Battery Park City couldn’t be more different. While Financial District is New York City’s first neighborhood, Battery Park City is certainly its last. This 92-acre stretch of land literally did not exist fifty years ago. Aside from that, while the Financial District has long been the home to all things business (and finance of course) in New York City, as well as being synonymous with giant office buildings, Battery Park City has been always equated with residences , lush green spaces, and an almost suburban feel.

Bounded by the Hudson River on the North, West and South, and the West Side Highway to the East, the concept for this tiny (by New York City standards) stretch of space was originally conceived by private firms in the early 1960s who wished to replace the disintegrating piers on Manhattan’s Southwest tip with a landfill (not the garbage kind) to build on. Originally an active port for goods entering and leaving New York City, by the 1950s, the area now occupied by Battery Park City was by then crumbling piers and wharves.

In 1966, Mayor Nelson Rockefeller laid out his proposal for what would later become BPC (Battery Park City), and while the plan for a mixed-use community downtown was of benefit to Nelson Rockefeller’s legacy, coincidentally his plan was of mutual benefit to his brother David Rockefeller who was part of the committee spearheading the development of the World Trade Center.

In ’68 the New York State Legislature created the Battery Park City Authority which still manages the area to this day, and in 1972 construction began on the landfill, using material from the excavation of the neighboring World Trade Center, as well as fill from the Hudson River bed. Although the landfill was completed by 1976, construction on the first residential building in Battery Park City didn’t start until 1980. From that point though, building boomed in every decade, with 23 buildings built in the 80s, 9 more in the 90s, and 11 more being built In the 2000s despite the damage done to the neighborhood by the attacks on September 11th, 2001. Since 2010 another 3 residential buildings have been built, not to mention the newly renovated Brookfield Place, formerly the World Financial Center.

At NY Living Solutions, we not only call the Financial District home, but consider Battery Park City an extension of that as well, and whether that means enjoying Battery Park City’s beautiful parks, or its breathtaking esplanade, BPC offers a nice retreat from the hustle and bustle of it’s more active neighbor, the Financial District.



The First Neighborhood


By Alon Gibely Jex

Since 2005, when NY Living Solutions first opened its doors, we’ve been located in the Financial District. Not only did we get our start here, but so did New York City itself, when the first Dutch traders set up shop in this very same area in 1625. And through the years, the importance of this neighborhood has certainly not diminished.

In 1697, Trinity Church was erected to serve the needs of the growing Protestant community, and the church is still there, albeit in its more recent Gothic incarnation, built in 1846 where it still stands. In the church’s adjoining cemetery lies the remains of Robert Fulton, inventor of the steamboat and namesake for nearby Fulton street, Albert Gallatin, former US Treasurer and one of the founders of New York University, and Alexander Hamilton, former US Treasurer and revolutionary, who’s currently nearly as popular now as he was when he was alive thanks to the Broadway musical.

The revolutionary roots of New York City’s Financial District don’t end with Hamilton, Federal Hall, located on Wall Street, is where George Washington first took office as the first president of the newly formed United States of America, with New York City as its capital, and Federal Hall housing all branches of its newly formed government. Federal Hall still stands right there on Wall Street, as a museum, with a statue of George Washington in front in honor of the oath of presidency he took in 1789.

Just a few blocks from Federal Hall, on Pearl Street, sits Fraunces Tavern, New York City’s oldest building. This tavern was a flash point for the American Revolution and also the site where George Washington bid farewell to his troops. Fraunces Tavern is now a museum, but still an active bar as well!

Head up north to Beaver Street (so called because it was the site of an active pelt trading market for Dutch settlers) and you’ll run into the iconic Delmonico’s steak house. Started in the early 1800s, Delmonico’s has been serving prime cuts to the people of the Finanicial District for over two centuries.

Many of Delmonico’s most loyal customers are those who work in another iconic building, the home of the New York Stock Exchange. Although Wall Street (so named for the 12-foot wall that was built in 1697 to protect the Northern boundary of a Dutch Settlement situated there) is synonymous with the world of finance, and more specifically, the stock market, the actual home of the New York Stock Exchange is technically on Broad Street. And while the nearby bronze behemoth, the Charging Bull (also called the Wall Street Bull) has only been around since the late eighties, the building on Broad Street has been the home of the NYSE since 1903.

Yes the history of the Financial District is long and illustrious, and this post merely scratched the surface of the birthplace of New York City.  No longer just a center for finance, the Financial District is now home to thousands of people that call New York their home, including us at NY Living Solutions, who have been here for over a decade and can’t wait to see what the next ten years brings to this wonderful neighborhood.


Exclusive Coop for Sale Located in the Trendy Columbia University neighborhood

200 West 108th Street, #14a

$1,250,000 FOR SALE
2 beds 2 baths
Property Type: Coop
Maintenance: $1,827
Pet Policy: Case By Case

Located in the Columbia University neighborhood, Pre-war apartment in excellent condition and a spacious layout.(Approx 1250 sf) high-floor with open eastern and northern exposures. Views overlooking Central Park.

Apartment features pre-war details, a windowed kitchen, Large living room, corner master suite, Spacious 2nd bedroom, 2 full windowed bathrooms, high beamed ceilings and great closet space. This coop has a renovated marble lobby, P/T doorman, new elevators, central laundry, and a live-in super

Just a couple of blocks from Central Park and its many attractions,
Located Close to several subway lines (1/2/3/B/C).


531 Manhattan Ave – Two Family Townhome for Sale

531 Manhattan Ave – Two Family Townhome for Sale

This Harlem Townhome is located just East of Morningside Park and a short walk to Columbia University. This highly desirable location, is home to a well maintained Two-Family.

2nd, 3rd & 4th Floor Triplex: Features – Two Bed / Three Bathrooms, Kitchen, Living Room, Den/Home Office, Three Fireplaces (One on each floor) and two Skylights on the top Floor. This space currently has the only access to the garden, via a spiral staircase off the den.

Garden Level: One Bedroom & One Bathroom features Large Living Room with Open Kitchen, Generous Bedroom with a walk-in closet. Ceiling fans located in the living room and bedroom. The bedroom in the rear of the unit has two west facing windows with garden views. This unit currently has no access to the garden.

Basement: Laundry space for the one bedroom tenant, plenty of dry storage space. This area houses all of the properties Mechanicals: Boiler, Water Tanks (2), and Separate Electric & Water Meters.

Lot Size: 15×80
Building Size: 15×55 – Approx. 4100Sf including basement
Building Can Be Delivered Vacant.
Currently Configured: Triplex (2Bed/3Bath) & One Bedroom (1Bed/1Bath)
Steps to fine restaurants, reputable jazz clubs, shopping centers, bookstores and movie theaters.
Transportation: A, C, D & B @ 125th Street MTA Stop & M60 Bus to
LaGuardia Airport – 2 Blocks Away
Low Taxes

$2,500,000 FOR SALE
4,100 ft²$609 per ft²7 rooms 3 beds3 baths


Airbnb Slows Hiring Overseas, Shifts Strategy

Fast-Growing Online Rental Service Is Trying Not to Move Too Quickly Abroad

Airbnb Inc. is trying to avoid becoming another cautionary tale in international expansion.


Airbnb, which is run by CEO Brian Chesky, will centralize certain services in a yet-to-be named European hub.

One of technology’s hottest startups, with a valuation of $2.5 billion, the online-accommodation rental service has recently slowed down hiring in its international operation, according to several people with direct knowledge of the matter.

Airbnb, which has about 600 employees world-wide, has also shifted its strategy abroad. The company is assigning scores of employees to new roles and moving to centralize certain services in a yet-to-be announced European hub, these people added.

As a result, several employees—less than a dozen—have decided to leave the company, the company said. The creation of the hub, which may be set up in Dublin, one person said, will require relocation for some employees. Meanwhile, the changes in responsibilities will also require additional training.

A company spokeswoman confirmed the changes to its international strategy and added that it hasn’t made any layoffs in connection with these changes. She declined to comment on plans for a new European hub.

Pressing on the international brakes might seem counter intuitive for the five-year-old San Francisco based startup—a business that is now more global than domestic. But Airbnb and its chief executive, Brian Chesky, is trying to avoid the pitfalls that have befallen other highflying tech companies, like Groupon Inc., GRPN -1.54% which grew hyper-fast abroad early on but faced major difficulties after going public.

Full Article Here:

Via The WSJ