The Roebling Team at Compass

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“Good bones” don’t create value. Honest math does.Renovation is no longer a default value-add in NYC prewar co-ops—it’s ...
01/13/2026

“Good bones” don’t create value. Honest math does.

Renovation is no longer a default value-add in NYC prewar co-ops—it’s a balance-sheet decision.

In today’s UWS & UES market, buyers don’t just cover construction costs—they absorb time, board approvals, restricted work hours, and a year of illiquidity. Once hard costs, soft costs, carry, and time are fully reconciled, total renovation exposure for a typical prewar often exceeds $1.25M.

Strategic modernization isn’t about chasing a higher price per square foot. It’s about removing risk and restoring velocity.

👆 Click the link in bio for full insights
📌 Save this if you’re underwriting a prewar deal
💬 Comment: Where do you see renovation risk most underestimated today?

11/21/2025

Space. Of course we have space. Send us a message if you’d like to schedule a tour.

Across Central Park West, Park Avenue, and Billionaires’ Row, resales are revealing a quiet but unmistakable shift. Near...
10/28/2025

Across Central Park West, Park Avenue, and Billionaires’ Row, resales are revealing a quiet but unmistakable shift. Nearly one in three condominium resales between July 2024 and July 2025 sold for less than their original purchase price—many from the 2014–2018 cycle.

From 432 Park to The Beresford, the data shows a market that’s recalibrating after a decade of exuberance. Even the most recognizable addresses are finding new definitions of value.

The latest installment of Roebling Report analyzes real transaction data to help owners, co-op shareholders, and investors understand today’s market in real terms.

https://www.roeblinggroup.com/post/manhattan-s-great-repricing

Manhattan’s luxury market is holding strong, with cash buyers leading two-thirds of deals and median prices nearing $1.2...
10/07/2025

Manhattan’s luxury market is holding strong, with cash buyers leading two-thirds of deals and median prices nearing $1.2M.

Projects like the Flatiron conversion, 800 Fifth Avenue, and 80 Clarkson Street are defining the next wave of high-end development — blending heritage, design, and global appeal.

While financing challenges temper new construction, the appetite for best-in-class properties remains deeply resilient.

Read the full breakdown in the latest Roebling Report: bit.ly/FlatironGoesResidential

Welcome to Plaza 400, one of Sutton Place’s most prestigious full-service cooperatives, where luxury living meets except...
09/16/2025

Welcome to Plaza 400, one of Sutton Place’s most prestigious full-service cooperatives, where luxury living meets exceptional amenities and white-glove service.

This spacious and light-filled two-bedroom, two-bath corner residence offers an inviting blend of elegance and comfort. A gracious foyer with two large closets leads to an expansive 30-foot living room, opening seamlessly onto a private balcony with sweeping city views—perfect for both entertaining and quiet retreat.

The renovated kitchen is thoughtfully designed with stainless steel appliances, custom cabinetry, and ample counter space, including a dining bar for casual meals. The oversized primary suite boasts windows on two exposures, exceptional proportions, and an abundance of custom-fitted closets - including two walk-ins - plus a beautifully renovated en-suite bath finished in marble with a window for natural light.

Plaza 400 sets the standard for white-glove co-op living, offering a 24-hour doorman, concierge, a spectacular rooftop pool and sundeck with panoramic views, a modern fitness center, children’s playroom, residents’ lounge, bicycle room, and in-building parking with a separate 55th Street entrance. Residents also enjoy the convenience of a circular driveway, updated laundry facilities, and a live-in superintendent with full staff.

Located in the highly sought-after Sutton Place neighborhood, Plaza 400 offers easy access to public transportation, restaurants, parks, and shopping. Utilities are included in the maintenance, and pets are welcome. A 2% flip tax is paid by the buyer, and the building permits pieds-à-terre, co-purchasing, and guarantors.

Discover the elegance, comfort, and exceptional lifestyle that await you at Plaza 400.

This brand-new duplex condominium combines soaring scale with thoughtful design in the heart of Long Island City. At 1,1...
09/16/2025

This brand-new duplex condominium combines soaring scale with thoughtful design in the heart of Long Island City. At 1,194 square feet, the residence features 20-foot ceilings, dramatic double-height windows with northern light, and sleek European white oak flooring throughout. Features low taxes with active 421-a tax abatement through 2035.

The entry level opens with a proper foyer, complete with four closets including a walk-in, and a full bath. The layout flows into a bright, open living and dining area with a custom MLAM Spanish Oak kitchen, Caesarstone countertops, and fully integrated Liebherr and Blomberg appliances. The bathroom is finished with a floating vanity, polished nickel fixtures, and natural tile.

A striking staircase leads to the upper level, where the bedroom overlooks the living space and includes private closets plus a secondary entrance for added convenience.

Hero LIC, developed by Silverback Development with architecture by Woods Bagot, offers a curated collection of lifestyle amenities:

• Rooftop Sky Lounge with panoramic city views
• Wellness Center with fitness club and yoga studio
• Multipurpose Dining Room and Social Parlor
• Part-time doorman

Located at the center of Long Island City’s growth corridor, the building is steps from acclaimed dining, cafés, and cultural venues, with immediate access to the 7, N, W, R, E, and M trains.

This is a rare opportunity to secure a dramatic duplex home with tax benefits in place and full access to one of LIC’s most complete amenity packages.

Over the last decade, Manhattan co-op prices have declined in both real and nominal terms, while suburbs like Greenwich ...
09/03/2025

Over the last decade, Manhattan co-op prices have declined in both real and nominal terms, while suburbs like Greenwich and Sands Point surged. But as major employers like JPMorgan, BlackRock, and Amazon bring workers back into NYC offices, proximity to Midtown is regaining importance - and could drive co-op demand by 2030.

The latest Roebling Report explores how shifting pricing, lifestyle trade-offs, and work trends are reshaping the “co-op vs. suburban house” decision for New Yorkers planning their next move.

https://bit.ly/CoopOrSuburbanHouse

08/19/2025

Greenpoint Terminal Market continues its evolution from former soundstages to a hub for creative, experience-driven brands. Its latest tenant, Brooklyn-based Stealth NY, will open its third borough location — and new HQ — in a 5,000 SF space blending retail, office, and e-commerce operations.

The Roebling Group represented both sides of the deal.

Corey Cohen, founder of The Roebling Group, shared insights on this trend in Commercial Observer, highlighting the market’s momentum and the opportunity in adaptive reuse.

https://commercialobserver.com/2025/08/stealth-ny-lease-greenpoint-67-west-street/

Luxury apartments in NYC are facing higher costs and stricter oversight in 2025.Local Law 97 fines are in effect, operat...
08/11/2025

Luxury apartments in NYC are facing higher costs and stricter oversight in 2025.

Local Law 97 fines are in effect, operating expenses are climbing, and lenders are tightening standards. Whether you’re buying or selling, understanding a building’s compliance, reserves, and recent upgrades is critical to navigating today’s market.

Learn more in this latest edition of The Roebling Report — bit.ly/HiddenCostsofLuxury

The “One Big Beautiful Bill” passed on July 4 brings sweeping tax changes for the real estate world. From restored SALT ...
07/11/2025

The “One Big Beautiful Bill” passed on July 4 brings sweeping tax changes for the real estate world. From restored SALT deductions and PMI relief to expanded depreciation and permanent Opportunity Zones, homeowners and investors alike have new incentives to act.

Many provisions expire by 2030 — making now a smart time to revisit your real estate strategy.

Read the full breakdown in the latest edition of The Roebling Report: https://bit.ly/roeblingreport

NYC mayoral candidate Zohran Mamdani is leading with a bold housing agenda, including a citywide rent freeze and a $100B...
07/01/2025

NYC mayoral candidate Zohran Mamdani is leading with a bold housing agenda, including a citywide rent freeze and a $100B public investment in affordable housing. The proposal has sparked strong reactions from tenants, landlords, and policy experts alike.

Explore how this platform could reshape the city’s rental landscape in the latest edition of Roebling Report:

https://bit.ly/MamdaniRentFreeze

Just closed unit 4H at Plaza 400.Our client trusted us to guide the sale of her Sutton Place apartment from start to fin...
06/27/2025

Just closed unit 4H at Plaza 400.

Our client trusted us to guide the sale of her Sutton Place apartment from start to finish. With smart prep, curated marketing, and a data-driven strategy, we closed with an all-cash buyer—no financing, no delays.

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2150 Broadway
New York, NY
10023

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