Blog Archives

Midtown Atlanta Traffic Gets $1M grant marked to improve traffic light synchronization

April 4, 2012 by Thom Abbott

Briarcliff Ponce Traffic Light — Midtown Atlanta Gets Traffic Light Upgrades

Via Scoop.it – Other Atlanta News Events

Drivers in Midtown Atlanta could soon see more green lights thanks to a $1 million federal grant, which will be used to sync the traffic lights.

You know! You’ve been there. You go one block and BAM…another red light! Midtown Atlanta is about the only part of Atlanta (except for Downtown) where there is a grid system to the streets, and lights could be better programmed. That said, so much of the traffic is either going North or South….this will be interesting to see how it all works.

But really, a MILLION dollars to do this? Maybe we all need to become traffic engineers. Is it to late?
Via www.wsbtv.com

The Atlantic At Atlantic Station Goes…..Rental!

April 3, 2012 by Thom Abbott

UPDATE — APRIL 9, 2014

The Atlantic has announced they will begin converting leased units back to condominiums FOR SALE! As of this date, they have released floors 7-20 and 41 to 47 which include some incredible penthouse homes!

For MORE INFORMATION about The Atlantic Residences, please visit:

The Atlantic Residences at Atlantic Station

We’ve heard this was coming, and now it’s official! 324 homes in the tallest residential building in Atlantic Station are now available for immediate lease in The Atlantic! WOW! In fact before ST Residential sold the building, I reported they were moving some 80 homes to rentals in December, 2011.

This news had been circulating for some time, but the website is up and the Leasing Office is OPEN! And it’s actually a pretty interesting site as you can search for specific rental units based on a move in date, and your preferred rental rate. And the rental rates just may shock you Midtown Atlanta renters!

After numerous searchs on the site, for a May 1, 2012 move-in date, the least expensive 1 Bedroom Condo (apartment) is on the 9th floor at a whopping $1649 per month! A May 1 move-in date search for a 2 bedroom/ 2.5 bath apartment found a home on the 6th floor at $2197 per month! So, that’s pretty low considering the building is 47 stories tall. So what would it take to be up in the sky I asked?

The Atlantic offers two 2 bedroom/2.5 bath apartments on the 38th Floor —- at a pricy $2883 per month! A jump to the 45th floor took the rental rate up to $3,591!! So that almost Penthouse view will set you back a few pennies! I was going to post a floor plan for a reference, but the above 45th Floor rental is shown to have 2200+ sq. ft. but the available floor plans for a 2/2.5 only go to 1,830 sq. ft. I’d say we best do some homework on these floor plans and rates.

The arrival of The Atlantic with 324 available homes comes at a time when two other luxury apartment buildings are under construction on 12th Street in Midtown Atlanta. So over the next 12-18 months, the Midtown rental market is certainly going to see some competition. The question remains is if these buildings, The Atlantic included, will be able to maintain these rental rates, or if we will see some “fire sales” in rental rates. In my history of working with many, many potential tenants, I’ve not had ANY willing to pay these kinds of rental rates in buildings like Viewpoint or Spire.

I’ll be off to check out these homes and will post a follow up in the coming days!

What Modern Conveniences Do You Expect in Your Midtown Atlanta Condo?

April 1, 2012 by Thom Abbott

What Modern Conveniences Do You Expect in Your Midtown Atlanta Condo? This post is inspired by an article that appeared in The New York Times today.

“Unlike washer/dryers, which many condo and co-op boards do not allow, and garbage disposals, which were illegal in the city for years and are often still frowned upon by some boards, a dishwasher is something that can be installed by sellers with little fuss or expense.”

The article is about dishwashers in NYC apartments (what we call condos!) And it’s another example of how very, very, very different real estate can be in different parts of the U.S. I’m not sure if I have ever shown a Midtown Atlanta Condo that did not have a dishwasher. I know I’ve shown older homes that did not. As for a washer/dryer, there are a couple buildings in Midtown Atlanta that do not have connections in the condos, and you either have to use a community hall laundry area, or go the the lower level (a.k.a. basement) to a laundry room. Even that is a stretch for Atlanta standards.

Now days, most of us take these conveniences for granted when shopping for Midtown Atlanta condos.

Dishwasher Becomes A Right Not A Privilege

How Involved Is The Landlord In The Atlanta Home or Condo Rental Process?

March 31, 2012 by Thom Abbott

When a landlord/property owner contacts us about renting their Atlanta home or condominium, there is often a concern as to how involved the landlord is in the rental process. Once you have your Atlanta home or Condominium ready to rent, here are the next steps:

Sign the Exclusive Lease Listing Agreement with us
Provide us with keys and access fobs/cards (if needed)

That’s it! We then go to work marketing the home, handle all the showings, the application and tenant screening process and negotiate the terms of the lease on your behalf. Once the lease is ready, you sign it.

After your tenant is in place, you decide your next level of involvement. It may be our Self Management Program or our Full Management Program. We are happy to discuss the benefits to you of either of these programs.

10 Steps to Getting More Done in Your Day

March 30, 2012 by Thom Abbott

Via Scoop.it – Technology Tidbits

10 Steps to Getting More Done In Your Midtown Atlanta Day! Check more off your to-do list with these quick tips from Barry Moltz.

Not a real estate related post, but HEY, who cannot use some tips on time saving! Hope you enjoy these!
Via www.openforum.com

How Long Does It Take To Find a Tenant For My Atlanta Home or Condo For Rent?

March 29, 2012 by Thom Abbott

When we work with our landlord clients, one of the first questions we are often asked is, “How Long Does It Take To Find A Tenant?” That question actually has several answers.

First and foremost, it is the goal of Thomas Ramon Realty to find you a desirable tenant as quickly as possible. Note, we said desirable. We’ll cover our screening process in another post.

The Atlanta rental home market moves quickly these days! But the location of your home, the neighborhood, surrounding areas, accessibility to shopping or major highways all can have an impact on now quickly we may find you a tenant. We cannot give you an iron-clad guarantee, but most homes and condominiums will rent in 30 days or less. We will discuss much of this with you when we complete your Home Evaluation. You may also want to read, How Do I Rent My Atlanta Home Or Condo?

How Long Does It Take To Find A Tenant? If you have an Atlanta Home or Condominium you need to rent, contact us today to learn more about our unique marketing and management program that is designed to get your property rented and save you money at the same time.

The Atlantic Residences at Atlantic Station

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