Charlie Gaetjens - Licensed Real Estate Salesperson

Charlie Gaetjens - Licensed Real Estate Salesperson This page is dedicated to the NYC real estate marketplace, with a sprinkling of other local topics. Hope you enjoy, and feel free to comment!

If you are considering selling your home in NYC this year, please join us today at 4:30pm for a Zoom call during which w...
05/20/2020

If you are considering selling your home in NYC this year, please join us today at 4:30pm for a Zoom call during which we will discuss the market and logistics for marketing and selling your home. Follow this link:
www.michaelshapot.com/seller-seminar

Good morning! Today I’m finally leaving my hometown of Hudson, Ohio. Would anyone like me to pack up this free house and...
03/21/2020

Good morning! Today I’m finally leaving my hometown of Hudson, Ohio. Would anyone like me to pack up this free house and drop it off in NY? More space to self-quarantine?

The new owners would be the fourth people to own the farmhouse over nearly two centuries.

A silver lining for certain people in NY with mortgages: if you are not working or working part-time, you may be eligibl...
03/19/2020

A silver lining for certain people in NY with mortgages: if you are not working or working part-time, you may be eligible to delay payments by 90 days without an impact to your credit score. More to come!

Gov. Andrew Cuomo suspended foreclosures and mortgage payments because of the coronavirus pandemic.

Another interest rate cut today...although there is not a perfect correlation between interest rates and mortgage rates,...
10/30/2019

Another interest rate cut today...although there is not a perfect correlation between interest rates and mortgage rates, this should further cement historically low mortgage rates.

The quarter-point cut comes as the economy continues to show signs of slowing, but the Fed signaled that it may pause to weigh incoming data before adjusting rates again.

End of an era!
10/25/2019

End of an era!

A former longtime manager of the Boat Basin confirmed the news to Gothamist.

Open house by appointment tonight from 6:30-7:30pm for a beautiful and enormous 2-bedroom rental in Tribeca - please tak...
10/09/2019

Open house by appointment tonight from 6:30-7:30pm for a beautiful and enormous 2-bedroom rental in Tribeca - please take a look!

126 Chambers Street, Unit 4, Manhattan, NY 10007 is a property listed available for rent at $7,500. This is a 2-bed, 2-bath property.

A couple of years ago, my sales manager in Tribeca (Mark Chin of Keller Williams) was bullish on Sunset Park, citing all...
08/27/2019

A couple of years ago, my sales manager in Tribeca (Mark Chin of Keller Williams) was bullish on Sunset Park, citing all the activity and planning around Industry City and the Brooklyn Army Terminal - not to mention the neighborhood's relative affordability.

This ranking of Brooklyn's quietest neighborhoods caught my eye - seems there is some agreement about Sunset Park's upside potential.

"Expect Sunset Park to fall down this list as new residents continue to move in, priced out of Park Slope or seeking to be closer to work at Industry City."

https://www.brickunderground.com/live/quietest-brooklyn-neighborhoods

I'm very proud of my fellow team member Kelcey Otten, who was featured prominently in the Times this weekend. She has fo...
08/27/2019

I'm very proud of my fellow team member Kelcey Otten, who was featured prominently in the Times this weekend. She has found a way to intermingle her career (real estate sales) and passion (dog rescue), to the benefit of both her clients and furry friends.

“I just feel like when you meet someone that’s so dedicated to helping animals in need, there’s a certain level of trust present that doesn’t need to be built over time,” Mrs. Mandel said. “You already know they have a good heart.”

Some brokers are bringing their love for animals to work and showing properties with shelter animals in tow.

Price reduction - motivated sellers! Open house till 1:30pm today. Please contact me for an appointment if you’d like to...
02/17/2019

Price reduction - motivated sellers! Open house till 1:30pm today. Please contact me for an appointment if you’d like to visit at another time.

99 John Street #805 is a sale unit in Fulton/Seaport, Manhattan priced at $860,000.

Shocking update on the L train shutdown - errr, lack of shutdown?  We shall see..."The original plan would have shut the...
01/04/2019

Shocking update on the L train shutdown - errr, lack of shutdown? We shall see...

"The original plan would have shut the tunnel’s two tubes, starting on April 27, to repair damage from Hurricane Sandy’s floodwaters in 2012. Mr. Cuomo’s new plan could take about the same amount of time, but would keep full train service during weekdays and close just one of the tubes on nights and weekends."

The closing of the subway tunnel between Manhattan and Brooklyn would have been one of the largest disruptions New York City had faced in recent years.

Happy New Year!  In 2018, we saw prices decline and inventory rise, which gave buyers more choice and negotiating power....
01/02/2019

Happy New Year! In 2018, we saw prices decline and inventory rise, which gave buyers more choice and negotiating power. In 2019, that trend is likely to continue.

"Looking ahead to the coming year, the market will 'continue a slow price correction,' said Gregory J. Heym, the chief economist of Terra Holdings, parent of Brown Harris Stevens and Halstead Property. At the same time, he said, New York City should remain fiscally sound with low unemployment, as it enters a 10th consecutive year of economic growth.

Amazon’s new headquarters in Long Island City, Queens, will also help bolster the economy and residential market, Mr. Heym said, as will Google’s planned downtown campus.

CityRealty forecasts that average apartment prices in Manhattan will rise slightly in 2019, to around $2.2 million, based on units under contract and anticipated closings in buildings like 220 Central Park South. Several other much-anticipated condominiums will officially open, among them: 15 and 35 Hudson Yards; Waterline Square; One Manhattan Square; and 111 West 57th Street."

“It’s like we came off the autobahn: It feels very slow relative to the last three to four year years, but historically it’s not.”

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New York, NY

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