The Russell Condominium Group (RCG) specializes in the newest and best condominiums in Manhattan. We offer a turnkey purchase or sales process tailored to your needs. RCG invites you to view our multimedia presentation set to your own personal specifications. Our services and exclusive condominium database dramatically accelerate and improve the selection process by clearly identifying the best condominiums to purchase for investment or fine living. Call us today to make an appointment.

We are on the cutting edge of:

• Preconstruction PricesA sponsor (building owner) offers apartments for sale long before a building is completed. The beginning contracts are typically offered at below market prices. This accelerates purchases and creates sales momentum for the building. Buying during preconstruction is an excellent time to purchase because you have the widest choice of units available at the lowest prices.

• Investment PropertiesWe have vast experience in serving investors of all kinds and are acutely aware of their concerns and desires. We have executed many bulk discounts and have expert knowledge of 1031 exchanges. We have completed entire transactions through the closing in as little as a week’s time. We can also lease your investment property quickly upon closing. Investors typically buy condominium apartments due to their ease of purchase, rental, financing and sale.

• Bulk DiscountsA sponsor (building owner) will often give a discount price if a buyer purchases multiple units. We have excellent relations with many sponsors and have negotiated discounts for investors, individuals and families purchasing more than one unit.

• ExchangesInternal Revenue Code Section 1031 permits the deferral of capital gains and other taxes on the sale of investment property. This tax vehicle is used to preserve the wealth that you have worked so hard to accumulate. In the most common type of 1031 exchange property is sold and the proceeds are used to purchase replacement investment property. There are time requirements that must be met in order to execute a 1031 exchange. None of the properties exchanged can be your personal residence.

• Condominium HotelsA condo hotel is a fully furnished and decorated hotel room or suite in an active hotel. As the owner of the unit you have the right to both stay in your hotel room and receive income from the rental of it. This is deeded property you own, just as you would a regular condominium. We are specialists in both the purchase and sale of condominium hotels in New York City and have represented buyers and sellers in over 190 transactions. Note: Some usage restrictions may apply.

• Tax Abated BuildingsMany new condominiums apply for and receive property tax abatement (reduction) from New York City. There are several different types of tax abatements that all significantly reduce property taxes, many for 10 or more years. This often represents a tremendous savings and is worth looking for in a condominium.

• Lightning ClosesIf you want or need to close on the purchase of a condominium quickly we can expedite our turnkey services to accommodate a closing in as few as seven days. This includes: obtaining an attorney, financing, title insurance, and deed. Certain conditions apply for this service.

• Condominium ResalesHaving sold over 500 condominiums in Manhattan, we are highly evolved in the marketing and sale of exclusive condominium properties. Backed by both Brown Harris Stevens and Christies Great Estates we have the financial strength and global exposure to promote properties at the highest level locally, nationally and worldwide. We are committed to selling properties at the highest price possible in the shortest period of time.

What We Do:

• Getting to Know YouIt all starts with a phone call. Our first step in finding you a great condominium is to learn exactly what you are looking for. You provide us with as much information as you can and we do the rest.

• The SearchWe consult our exclusive database and select buildings that match your criteria. We are the only place that has detailed information on every new development being built in Manhattan as well as every current condominium apartment on the market. Our search system will identify the best opportunities currently available to you.

• Your Best Hour of Real Estate, EverAt your convenience we invite you to view a customized presentation that reviews the condominiums within your criteria. Without ever leaving our comfortable conference room we will allow you to see and experience in one hour what usually takes days of research and patience. Together we will identify which apartments to visit. Our service not only saves you time but provides an unbiased expert opinion on the best condominium possibilities.

• On the TownFrom the moment we pick you up in our chauffeured limousine you know you will have an elegant, productive experience. We take great care to ensure that your real estate experience is enjoyable and never a chore. Our clients have found our process so efficient that it is not uncommon for them to find exactly what they want on their first outing. However, we remain committed to serving you through the closing and beyond, no matter how long it takes.

• From Beginning to EndWhen you have selected a condominium for purchase, our turnkey services have just begun. After many years of Manhattan real estate sales we can offer attorneys, mortgage brokers, decorators, contractors and architects who will provide excellent service before and after you close. Our process gives you vision, perspective and the confidence you need when making this important decision.

Go to Doug Russell
Go to Matthew Russell

445 Park Avenue
New York, NY 10022
Brown Harris Stevens Residential Sales, LLC