Halstead Property

Jill Sloane
Exec. Vice President
Westside Office
Tel: (212) 381-2206
jsloane@halstead.com

Halstead Exec Signs Nine Deals In Nine Weeks

Halstead SVP Jill Sloane

By Victoria DeCarmine

While Halstead Property's second-quarter market report showed a startling 53 percent decrease in sales from the same time last year, Jill Sloane, an executive vice president at Halstead, says she has seen a significant uptick in activity.

She recently negotiated eight sales and one rental deal in Manhattan during a nine-week period ending early this month. Five of the sales are on the Upper West Side and range in price from $1.3 to $1.9 million; three units are in Harlem with prices in the $500,000 range. The rental unit is also in Harlem and is going for $6,500 a month.

"I've been working seven days a week, but I only deal with serious buyers that are finding these properties to be an absolute opportunity," Sloane said. She said buyers are taking advantage of the low interest rates in the $500,000 price range and savings of at least 20 percent in the pricier range.

"If you're out there working, people are out there willing to buy," Sloane said.

Friday, July 17, 2009