Private Air New York

www.privateairny.com Private Air New York | Fall 2018 30 By: Johnny Duncan INVESTMENTS NEW YORK CITY REAL ESTATE: THE NEXT HOT SPOTS New York City has always offered up a sizzling hot real estate market. Investors are always looking to uncover these hot spots, but before the market takes off, not after. For most investors relying on available listings as your sole source of new deals is not an effective investment strategy. That's why Tom Postilio and Mickey Conlon, considered the exclusive coterie of New York's "super brokers," offer some insight for where the next NYC hot spots will be, saving the savvy real estate investor months of investigative work. R esponsible for more than $2 billion in residential sales, Postilio and Conlon have been named among the Top 1,000 Real Estate Professionals in the United States by REAL Trends and the Wall Street Journal. Both are internationally renowned for their command of the global luxury real estate market. Touted as the "Dream Team," the pair have been top-picked for a Who's Who list of celebrity clients including Joan Collins, Barry Manilow, Michael Feinstein, Liza Minnelli, and David Sanborn. e next hot spots for NYC? According to Postilio and Conlon they are in Harlem and Hudson Yards. "If you're looking for the next hot neighborhood, follow the artists. Greenwich Village, Tribeca, and SoHo were once the low rent domain of the creative community not too long before they become the playground of some of the world's wealthiest," says Conlon. "Right now, our money is on the Lower East Side. Its pioneering history will appeal to self-made moguls, not to mention Millennials, whose endorsement can make all the difference in emerging markets. We just launched a luxury new development project at 265 East Houston Street, and it's our most trafficked property at the moment!" OPPOSITE, CLOCKWISE FROM TOP: Tom Postillo and Mickey Conlon 125 Greenwich Fitness Center 125 Greenwich Pool 125 Greenwich Facade

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