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Ronnie Kalra

  • Home
  • #RTWR
  • Real Estate
    • Real Estate with Ronnie
    • Marketing campaigns
    • Active Listings
    • Closed Transactions
    • Testimonials
  • Press
  • About Ronnie
  • Team
  • Blog

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June 2023

June 22, 2023

What's in the Air?

In early June, a cough-inducing, yellow-orange haze smothered NYC and created hazardous air-quality conditions. The sight was caused by smoke that’s been blown southward from hundreds of Canadian wildfires. 

It was wild, everyone was in masks and the conditions got worse by the hour. I had a splitting headache all day and remember thinking the city looked like a movie set!

A low-pressure system was pushing the smoke down to the five boroughs and holding the smoke close to the ground, creating some of the worst air conditions in the world. The New York Department of Environmental Conservation issued an air quality health advisory. 

Whether it will return is up in the air (no pun intended), however the governor is urging those who are vulnerable to monitor the latest information and take steps to protect themselves if it does.

Composting

Finally NYC has decided to get onboard with composting. Something Seattle and all of California have been doing for years and years.

On Thursday, the New York City Council approved a bill that will require New Yorkers to separate their food waste from regular trash and recycling. 

This new law will be rolled out borough by borough and will start this Oct with Brooklyn and Queens, then SI and the BX march 2024 and finally manhattan October 2024. Why Compost? 

When food goes to a landfill, it gets covered with dirt and composts in an anaerobic environment. This produces methane, a greenhouse gas with 16 times the effect of CO2. By composting, you create a closed-loop system that puts carbon right back into the soil for use by plants and microbes.

Market Report

The luxury market is on the up! Mid June saw an uptick in sales with 31 contracts signed at $4M and above for the week of June 11th. That includes 20 condos, 9 co-ops, 1 condop, and 1 townhome.

Property of the Month

1160 Third Avenue #10D


Welcome to Residence 10D at The Frost House. This 2 bedroom 1 bathroom apartment has just been COMPLETELY gut renovated! Some notable features include new floors, new kitchen cabinetry and counters, power shades throughout, top-of-the-line stainless Bertazzoni appliances, custom closets and West facing City views from your balcony. This is the perfect starter home in an incredible area.

Cable and internet is included in monthly maintenance of $2,685.00

The Frost House, located at 1160 Third avenue between 67th and 68th streets, is a full-service cooperative built in 1965. There is a laundry room in the basement and live in Super. The Frost House is less than 10 minutes from Central Park, Bloomingdales, and close to a surplus of restaurants and bars. Located around the corner from the 6 train it is also a short walk to the NRQW, FQ and the nearby FDR.

May 2023

May 28, 2023

Mother’s Day

Every year for Mother's Day I host a big event. Typically, all of my clients and friends bring their kids. This year, I decided to leave the kids at home and hosted a wine tasting. We held the event at a beautiful private dining room in the Park Loggia- a new development where I had recently done some business. To get into the wine with us, I hired The Grape Escape - a dynamic duo who knowledgeably walked us through different types of wine. In my industry, my circle is EVERYTHING. So I really wanted to take the chance to thank all of the mom's in my network. My success is because of you!

Market Report

Cash is flying! Given interest rates are still up, all-cash deals make up a larger portion of the New York City market than at any time on record, accounting for 60% of condo sales in Manhattan this year. “When rates went below 3 percent, cash buyers started to finance their purchases,” recalled Steven James, CEO of Berkshire Hathaway Home Services. In September 2020, when the average 30-year mortgage rate was below 3% for a second month, Manhattan saw fewer all-cash condo deals than any month in recent memory.

Rent Your Look With Ronita!

I’m constantly standing in my closet thinking, “I have nothing to wear”. If you feel this way also, I found the solution. I just launched Retail with Ronnie! It’s essentially an unlimited clothing rental subscription service where you can pay a monthly fee to get access to a giant catalog of clothes. There’s a 30 day FREE trial to all new users. Let me know if you have any questions! I’m here to chat.

Property of the Month

131 West 122nd #4B

This apartment is in a boutique luxury condo located in a beautifully restored townhouse in the prime neighborhood of SoHa. It is a penthouse duplex situated on the top floor of the building, accessible via a three-floor walk-up. The unit boasts a contemporary glass construction with a stunning interior design.

This home also offers the convenience of an in-unit gas-powered WASHER and DRYER. 

Included with the apartment is a full storage room unit located downstairs, providing extra space for your belongings or seasonal items.

The townhouse condominium has only nine apartments in total, ensuring a sense of exclusivity and privacy. The building is well-maintained and impeccably kept, adding to the overall appeal of the property.

April 2023

April 28, 2023

Rent Your Look With Ronnie!

I’m constantly standing in my closet thinking, “I have nothing to wear”. If you feel this way also, I found the solution. I just launched Retail with Ronnie! It’s essentially an unlimited clothing rental subscription service where you can pay a monthly fee to get access to a giant catalog of clothes. There’s a 30 day FREE trial to all new users. Let me know if you have any questions! I’m here to chat.

2) Macy's Flower Show: Every year, Macy's transforms its Herald Square store into a beautiful garden with thousands of flowers on display.

3) Central Park: As the weather starts to warm up, Central Park becomes a popular spot for outdoor activities. You can rent a bike, go for a jog, or have a picnic on the Great Lawn.

4) New York International Auto Show: This annual event takes place at the Jacob Javits Convention Center and features the latest cars and trucks from all the major automakers.

5) Brooklyn Brewery: If you're looking for a fun night out, head to the Brooklyn Brewery for a tour and tasting of their locally brewed beers.

Market Report

Market Report 

Week of April 17th- April 23rd

A great measure of the fiscal climate in our city is the luxury market. Here are some stats: 

The Manhattan luxury real estate market, defined as all properties priced $5M and above, saw 22 contracts signed this week, made up of 17 condos, 4 co-ops, and 1 house. The previous week saw 19 deals. 

Average Asking Price: $8,032,273

Average PPSF: $2,834

Average Discount: 4%

Average Days on Market: 204

Pickleball in NYC

Pickleball continues to gain popularity as one of the fastest growing sports in America, and now it has a new home in New York City. City Pickle has brought 14 new Pickleball courts to Wollman Rink in Central Park. 
Open from 7AM to 9PM everyday, the courts will last through October 9th. 

Click Here to sign up and play!

Property of the Month: 316 Eckford Street

Greenpoint

Watch VIDEO here

Welcome to this exquisite renovated townhouse that offers luxury, comfort, and functionality all in one. This is the nicest single family home available in Greenpoint.

  • Built 23 feet wide X 32 long (the lot is 25x72) 

  • It is 4133 square feet without the finished basement

  • 4 bedrooms // 4 bathrooms + 2 half baths

  • Heated floors in bathrooms

  • Laundry shoot on every floor

  • Gorgeous landscaped garden + primary terrace + rooftop terrace with views of NYC.

  • Custom built in storage throughout

  • 4 wood burning fireplaces

  • Built in projector for at home entertainment

See the full details

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Happy Friday 🤎 Have you tried your one month free yet? Retail With Ronnie 
📸: @rashmigillphotography
Now in contract! #greenpoint #realestatewithronnie #townhouse
It's all in the details. Love this shot from @ysg.studio. 📷 by @prueruscoe. #homedecor #ysgstudio #realeastatewithronnie
🍦🍭 @gardenhouseschoolny Spring Fair is one of our favorite days of the year 🩷

Ronita Kalra, Licensed Real Estate Broker, ronita.kalra@compass.com, M: 347-843-9479

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