Archive for the ‘Real Estate’ Category
Report from the Real Estate Board of New York Points toward Retail Revival near World Trade Center
The Real Estate Board of New York, which Connie Milstein serves as a member of the Board of Governors, recently released some exciting news coinciding with the continued construction of 1 World Trade Center in Lower Manhattan. Since the spring of 2010, average asking rents in the financial district area along Broadway from Battery Park to Chambers Street have risen 36 percent. The report notes that much of this gain took place since last fall.
With more businesses opening in this area than in any other Manhattan neighborhood during that period, signs point to a commercial revival in Lower Manhattan. Executive Vice President of the Lansco Corporation, Robin Adams, believes that many retailers were waiting to see what would happen with the World Trade Center development.
Michael Slattery, a senior vice president of the Real Estate Board, agrees with Adams. He was quoted in a New York Times article saying, “Until there was a glimmer that the rebuilding was well on its way, retailers didn’t want to risk it. You wanted to get in early, but you didn’t want to get in too early, because you wouldn’t be able to sustain yourself without significant foot traffic or activity.”
But with the completion of 7 World Trade Center and the new Goldman Sachs headquarters, in addition to the recent Condé Nast decision to inhabit part of 1 World Trade Center, the area will continue to see more office workers eating and shopping in the area, as well as sticking around after hours. It is only reasonable to expect to see rent prices continue to rise and more retail shops to open their doors, a great sign for the revitalization of the Lower Manhattan area.
Summer Delights at the Jefferson Hotel Restaurant Plume
If you enjoy fine dining, then you won’t want to miss the latest from Plume at the Jefferson Hotel. Newly renovated by Ogden CAP Properties with Principal and Co-Founder Connie Milstein, the Jefferson Hotel features an elegant and outstanding culinary selection with Plume.
From Tuesday, June 29th, 2010 through Saturday August 21st, 2010 they are hosting a series called “Summer Tastes from Chef Damon Gordon.” This eight-week series includes special four-course menus for Plume, each showcasing one of the season’s most delicious ingredients. You can join just for one evening, or for the full series for a delectable experience at the Jefferson Hotel!
Jefferson Hotel: An Evening to Remember
The Jefferson Hotel in Washington D.C., meticulously renovated recently by Connie Milstein and her firm, Ogden CAP Properties, offers interesting and frequent events.
Most recently, on June 23rd, they offered a five-course dinner prepared by Plume’s Executive Chef Damon Gordon. The evening’s meal included wine pairings from Tablas Creek Winery.
The Jefferson used this lovely event to focus on the wines of the famous Rhone Valley and their American counterparts, together with senior vice president Daniel Hass of Tablas Creek Winery.
Connie Milstein Manhattan Real Estate Broker
Connie Milstein is a co-founder and principal at Ogden CAP Properties.
This well-known real estate brokerage represents commercial and residential properties in Manhattan, including such exclusive locations as
Normandie Court, located on East 95th St.;
Dorchester Towers on West 68th St.;
Windsor Court on East 31st St.;
Biltmore Plaza on East 29th St.;
and One Lincoln Plaza on West 64th St.
Visit Ogden CAP’s website for more information.