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Eric Janssen's Blog

By Eric Janssen | Broker in New York, NY
  • The Upper West Side Park Millenium Condominium

    Posted Under: Home Buying in Upper West Side, Home Selling in Upper West Side, Property Q&A in Upper West Side  |  September 6, 2011 12:46 PM  |  741 views  |  No comments

    The Park Millennium towers over the surrounding buildings

    Here is The Park Millennium on a beautiful, sunny spring day. Located on the Upper West Side in the heart of Lincoln Center, this building towers over the neighboring brownstones and has spectacular views of Central Park and North to the George Washington Bridge. This building is one of the three Millennium buildings that were erected in 1994 and has 282 apartments and 56 floors. This building has always maintained its value and the views are spectacular. Also in the building is the famous and amazing Reebok gym for a good work out if you like. There is a 24 hour doorman and concierge in the building and it has its own landscaped roof deck with a private outdoor track for running. Visit The Luxury New York Condominium Website.

     

    Tremendous location on The Upper West Side

     

    Living so close to Central Park, Lincoln Center, and Columbus Circle is awesome. There is always so much to do. Let’s start with Central Park. You can go rowing, running, bicycling, have a picnic, play volleyball, or go roller skating to name a few.

    At Lincoln Center, the are plenty of shows to enjoy all the time. Concerts, The Nutcracker Ballet, Broadway shows, and even The Big Apple Circus shows up once in a while. During the warmer months you can often find some swing dancing out in front of the fountain too.

    Down at Columbus Circle, you can also find The Time Warner Center where there is plenty of shopping, fine restaurants, and even live Jazz to listen to. Shops like Hugo Boss, and The Whole Foods Market to name a few.  Across the street you can rent a bicycle to ride through Central Park.

  • Summertime...When the living is easy!

    Posted Under: Market Conditions in Upper West Side, Home Buying in Upper West Side, Home Selling in Upper West Side  |  September 6, 2011 12:39 PM  |  548 views  |  No comments


    Who said that summertime was only about going to the beach, swimming and having fun? Not me. This summer however has been all about the debt ceiling and how to extend it before our credit rating goes to hell. Well, it looks like we may have gotten past the initial hurdles and are moving on for now.

    However, that is not to say that we are out of the woods yet! There is still a tremendous deficit moving forward that needs to be dealt with and the government needs to find out a way to work within a balanced budget like the rest of us. Spending more than you earn is a recipe for disaster-even if you are the US Government.

    On a positive note however, interest rates have been sinking over the last couple months and now enable buyers to afford much more. Or at the very least, they can save  tens of thousands of dollars in interest over the life of the loan. Some of this is a direct result of the debt crisis mentioned above. And some of it comes as a result of loosening regulations.

    That’s not to say that banks are getting relaxed about what they expect borrowers to have in assets and liabilities and income. They still require excellent credit and income in relation to the amount borrowed, but some of the rules are a smidgen better and the rates are much better on the whole.

    Now is a great time to buy a home in NYC as a result. Check out The Top Luxury Condominium website in NYC  Since prices haven’t gone up yet to pre-Lehman highs, and interest rates are at historic lows-it’s a slam dunk.  Since the summertime is a slower paced sales market, with half of the buyers out of town, it is really a great time ot be looking. The competition is on the beach soaking up the rays.  So in fact,, Summer time is when the buying is easy. Give us a call…

 
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