Via Scoop.it – Midtown Atlanta Condos
Girl Scouts began taking cookie orders Saturday. Find Girl Scout Cookies Near You Here!
Via midtown.patch.com
by Thom Abbott
Via Scoop.it – Midtown Atlanta Condos
Girl Scouts began taking cookie orders Saturday. Find Girl Scout Cookies Near You Here!
Via midtown.patch.com
by Thom Abbott
Via Scoop.it – Midtown Atlanta Condos
Not much natural light? Tips to make your place look brighter.
When you are trying to sell, or rent your Intown Atlanta home or condominium, lighting is a big factor and can make the difference on just how quickly you sell or rent your place!
Via www.nytimes.com
by Thom Abbott
Technology developed by researchers at the GA Tech and Emory University for delivering drugs and other therapeutics to specific locations in the eye provides the foundation for a startup company that has received a $4 million venture capital investment.
The Atlanta-based startup, Clearside Biomedical, plans to develop microinjection technology that will use hollow microneedles to precisely target therapeutics within the eye.
by Thom Abbott
REALLY? Another year shot to h-ll gone? Where DID this one go? It only further reminds me of the need to start back with a journal to keep track of what happened in my life in the past year!! But, until then, let’s get ready to P-A-R-T-Y!!!
Here are a few of your options for New Year’s Eve Celebrations in Atlanta Georgia!
This year’s event features:
– 5 party areas on 2 floors
– 5 bands
– 3 DJs
– 4 Comedians
– Open bar
– Dinner & breakfast
This New Year’s Eve party will also feature performances by Ed Kowalczyk of LIVE, Naughty by Nature, Blind Crush, Unzipt & Band to Band Combat Winner Death is Dialogue. Come party with Hyatt Regency Atlanta and experience Atlanta’s largest hotel New Year’s Eve balloon drop.
Saturday, December 31st, 8:30PM – 2AM
TICKETS
General Admission only $119
VIP only $175
Post Bowl only $75 (Good for admission after 11PM)
For more information, visit https://www.downtowncountdown.net/
This 16-hour event begins at 11:00am with various children’s activities and entertainment. Festivities will continue well into the morning with a variety of live performances, followed by the decent of the 800 pound Peach and a spectacular firework display.
The infamous band, Kansas will headline the 23rd Annual Event perform at 11:15pm, just one of several groups that will perform at this very popular New Years Eve Celebration in Atlanta.
It would be best to avoid the traffic and street closures by taking MARTA. Exit either at the Five Points Station OR Peachtree Center Station. MARTA will have extended service and additional trains running. Last trains will depart Five Points Station in all directions at 2 a.m.
For More Information and a complete list of activities and details, visit Peach Drop, The Largest New Year’s Eve Celebration in the Southeast.
Of course, any and every bar and/or restaurant you can think of in Atlanta will be having some form of celebration. If you are up for the crowds, then this is your night to hit the street.
Please drink and drive responsibily. If you can designate a driver, all the better. But remember the other car may not have done that, so be extra attentive while driving and attending your New Year’s Eve Celebration in Atlanta!
by Thom Abbott
The Midtown Atlanta condominium market has had it’s fair share of challenges. And it would seem there are still more ahead as we learn that The Atlantic Residences will convert some 80 homes into rentals. According to a story in the Atlanta Business Chronicle, ST Residential, which owns the building and purchased it out of the Corus Bank 2009 failure, actually converted some 40 units in late summer. Another 4o units will now become rental homes.
Current owners or potential Buyers of a home at The Atlantic Residences at Atlantic Station should not have to worry about their investment. Or so we hope. Fannie Mae and Freddie Mac do not allow financing to buyers in condo towers where they exceed the 25% limit on rentals. According to my calcualtions with 401 units, that means up to 100 homes could be investor owned, or rentals. With this announcement by ST Residential, there’s some 20 homes left, but one would suspect that some of those investor slots may have already been taken.
The Atlantic is not the first building to make this move. 1010 Midtown and neighboring 1065 Peachtree also made conversions to rentals. 1010 converted 43 of its 430 homes in 2009, and 52 homes at 1065 Peachtree in 2010. (Note, for those of you that are not familiar with WHAT or WHERE 1065 Peachtree is, these are the condos located above the Loews’ Midtown Atlanta hotel. None of these homes were ever sold to my knowledge.)
The Atlantic is a truly beautiful and landmark Midtown Atlanta building. While the real estate market has caused most of it’s challenges, many condo buyers have been leary of making an Atlantic Station purchase with the reputation the area had received for crime and other activities. North American Properties purchased the retail-portion of Atlantic Station last year and has set about on an ambitious mission to change that perception (and some of its reality.)
Challenges in selling condominiums has given rise to two new apartment towers, both located on 12th Street in Midtown Atlanta. Daniel Corporation and Selig Enterprises have begun construction on a 22-story apartment building just behind 1010 Midtown, and on 12th and West Peachtree Streets, former condo king, Novare Group led by Jim Borders is developing the Sky House apartment building.
At some point in the future, these buildings could become conversions to condos, but with a lack of higher quality rentals in the Midtown Atlanta marketplace, they may remaining apartment buildings for sometime. Time will tell.
by Thom Abbott
Like many real estate markets throughout the U.S., Downtown Atlanta has taken a step back in the real estate market. But, one must remember that these steps back can mean great opportunities for a savvy condominium buyer!
Such is the case with Twelve Centennial Park in Downtown Atlanta. Built the Atlanta Condo Builder King, Novare Group, Twelve Centennial Park has all the features and amenities you have come to expect from a Novare built building. From the great security (a resident is only allowed acces to their parking level, amenities level and their residential level with their card access…to gain acces to any other floors requires a code from the resident living on that floor) 24/7 Concierge service, room service from the Lobby Restaurant at the adjoining Twelve Hotel…well, the list DOES go on and on.
And now, the condo buyer has an incredible opportunity to own at Twelve Centennial Park! And I’m not talking street level, or overlooking the garage roof! These specially priced homes are located on the 31st floor and above! And let me tell you….it gives new meaning to the famous line from Zsa Zsa Gabor….”I just adore a penthouse view….”
If you have want to live in a high-rise, and have been looking for “the deal….” You just found it!
Let’s make an appointment to visit Twelve Centennial Park and get you settled into your skyline view condo today!
Thom Abbott
Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office