Recent news articles PreReal™ Prendamano Real Estate and our agents have been mentioned in. 

CEO/Broker/Owner of PreReal™, Prendamano Real Estate in Bulls Head, James Prendamano, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some of his thoughts about what will become of vacant Staten Island storefronts.

 

As big box chains continue to close, a pressing question arises: what will become of vacant Staten Island storefronts? While the retail landscape has undoubtedly shifted in recent years, there is still potential for new and innovative commercial tenants to transform these empty spaces.


A New Retail Reality

It's been half a decade since Toys R Us left a colossal 39,000-square-foot gap in Richmond Avenue's retail scene. Shop Rite and SuperFresh have also vacated their premises, leaving Staten Island…

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CEO/Broker/Owner of PreReal™, Prendamano Real Estate in Bulls Head, James Prendamano, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some words about being named one of the nation’s top brokerages real estate firms in Staten Island.

Real Estate Business Review, a national real estate publication named PreReal™, along with global giants like Cushman & Wakefield, is one of the best companies to work for in 2022.


“This prestigious recognition is a testament to our collective hard work, dedication and commitment to delivering exceptional service to our clients,” noted James Prendamano, broker/owner of PreReal™. “It is a recognition of the passion and drives that we bring to our work every day, and the unwavering…

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BIG ANNOUNCEMENT!!!

PreReal™, Prendamano Real Estate Nixon Team, Tom Perretta, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some words about how proud they are to have helped Crumbl find such a great spot for their first store on Staten Island.

 

Dessert lovers on Staten Island, get ready to indulge in some delicious, ooey-gooey cookies! Crumbl, the viral cookie-maker known for its classic chocolate chip variety and rotating weekly menu, is opening up its first store on Staten Island.


The company, co-founded by cousins Jason McGowan and Sawyer Hemsley in Utah in 2017, quickly became a social media sensation with more than 5 million followers on TikTok alone. Since then, Crumbl has expanded to over 600+…

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Founded in memory of Carl V. Bini, a beloved Staten Island firefighter who lost his life on September 11th, 2001, the Carl V. Bini Memorial Foundation is a non-profit organization dedicated to serving the community and making a positive impact in the lives of those around them.


The foundation is committed to making a positive impact in the lives of those in need and has been working tirelessly to achieve its mission. One of its main areas of focus is supporting the families of fallen heroes. This is done by providing financial assistance, counseling services, and other forms of support to those who have lost a loved one in the line of duty.


James Prendamano, and Celia Iervasi of PreReal™, Prendamano Real Estate, have been deeply involved…

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Winter WeatherCasandra Properties CEO, James Prendamano, spoke with Tracey Porpora from the Staten Island Advance to discuss how winter temperatures can affect the real estate market.  While some businesses are seeing a negative impact with warmer winter temperatures others are doing better.

 

James was quoted saying, “There are always the critical economic indicators that drive the housing market...Seasonality also plays a role in the heartbeat of the market. Typically, in the winter there’s a bit of a drop in active homebuyers. Weather, the holidays, children’s school year all contribute to that seasonal shift we see during this time. Overall, however, the market is as strong as it has been in quite some time.”

 

To read the full article click here.

 

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New York City ApartmentsOur CEO, James Prendamano, had the opportunity to speak with Tracey Porpora at The Staten Island Advance to discuss the Renter Migration Report by Apartment List. 

 

The study revealed that 32.3% of apartment hunters currently living in New York are looking to move elsewhere.  James was quoted saying “We have been talking about how the cost of living, coupled with technology decentralizing everything from real estate to employment basis, has been leading to a significant migration out of New York and the city in general. While the 2020 Migration Report reveals what seemed to be staggering numbers, this should come to no surprise to anyone, as it just confirms what we’ve been seeing on the ground. ... It’s hardly a coincidence the cost of living for…

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Each week the Staten Island Advance features a “Home of the Week”.  This past week Celia Iervasi, one of Casandra Properties, Inc. Associate Brokers, had one of her listings featured in the weekly article. 

The home located at 129 Coverly Ave on Staten Island sits on top of Todt Hill. It is a custom, all brick, 8,000 square foot home.  This two-story home has three bedrooms, seven bathrooms, a formal living room and dining room. Each floor features its own terrace giving the owner the prime location to sit and enjoy the priceless views! With countless custom features such as Brazilian cherry floors and coffered ceilings this home does not disappoint.  This one-of-a-kind home not only boasts its own elevator but also includes a two-car heated…

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Homes for sale Staten IslandCasandra Properties CEO, James Prendamano, recently had the opportunity to discuss housing prices on Staten Island with Tracey Porpora at the Staten Island Advance.  SIBOR (Staten Island Board of Realtors) statistics, released in November, showed the median sale price at $572,500 for a home on Staten Island. 

 

James was quoted saying “Staten Island still remains a very affordable option when compared against the rest of New York City. A massive benefit of purchasing real estate on Staten Island is we were relatively unaffected by the tremendous influx of foreign money into our competitive markets. As a result, we were equally unaffected as regulatory changes caused that money to dry up.  Staten Island real estate investments remain some of the most…

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ForeclosuresCasandra Properties CEO, James Prendamano, spoke to Tracey Porpora from the Staten Island Advance to discuss the latest study that found foreclosures have spiked on Staten Island over the last year. The study conducted by Property Shark saw an increase of home foreclosures from 48 in the third quarter of 2018, to 136 in the same quarter in 2019. 

 

“There is a big difference between a loan that is not performing and one that is actually been put into the foreclosure process. In many cases these non-performing loans are sold in bundles at significant discounts off par value to other banks and investment companies.  It is not unusual for a loan to be sold several times before arriving at its final servicing entity.  The average homeowner would notice…

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CP for SaleTracey Porpora at the Staten Island Advance chatted with our CEO, James Prendamano about the Millenial generation. Per a new study by Apartment List, 26-year-olds are now, more than ever, more likely to live with a parent than a spouse.  In fact, just 50 years ago the percentage of 26-year-olds living with a spouse was 76%.  That number has now reduced to only 24%.  What is causing this rapid decline?  

 

“As so many things have changed over the last 20 years, so have our social patterns and that indelibly ties to real estate patterns.  Today, the average age for marriage is 28.2, so you’re seeing these folks stay at home longer in many cases to pay back large student loans, save on housing costs, etc.,” said James Prendamano. 

 

To read the…

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