FEATURED LISTING

L'ECOLE

212 East 47th Street

22J

L'ecole is a newly converted high rise luxury building in the heart of Turtle Bay, in Midtown Manhattan. This one bedroom gem is light filled and spacious, the unit features solid hardwood floors throughout. The marble mosaic bathroom boasts a cast iron tub and waterwork fixtures. Enjoy the Turtle Bay neighborhood with its elegant restaurants, and close proximity to the United Nations, Grand Central Station, and Dag Hammarskjold Plaza, a park that hosts a popular weekly farmer's market.

Rent: $2,885

One Bedroom

SF: 651

Available Immediately

More Details: www.levanrealestate.com

The Unveling of Our New Promotion!

Take a Trip - On Us!

Buying or selling? Let us be your real estate broker and we will purchase two tickets for you to fly to one of the following exciting destinations...

• January: Listen to the beats at the Music Festival in St. Bart's, Carribean.
• February: Play at Carnival in Rio De Janeiro, Brazil.
• March: Dive the Great Barrier Reef in Cairns, Australia.
• April: See the cherry blossoms in Kyoto, Japan.
• May: Enjoy Springtime in Paris, France.
• June: Be a globe trotter! Pick an international destination.
• July: Run with the bulls in Pamplona, Spain.
• August: Sail away in coastal Maine.
• September: Learn about Italian wine on the wine tour in Tuscany, Italy.
• October: Tour the tents during Oktoberfest in Munich, Germany.
• November: Take your pick! Fly anywhere in the United States.
• December: Experience Bruges, Belgium during the holiday season.

Let us represent you today, and jet to your dream destination tomorrow!

310 East 46th Street

NY, NY 10017

(212)686-9288

info@levanrealestate.com

Trip must be booked within 3 months of closing date. This is an on-going promotion but can end at any time. See terms and conditions at levanrealestate.com for details.

Condo or Co-op? The age old question.

So - you're ready to buy in Manhattan! Congratulations on taking the first step - deciding to do it. You're searching the internet, finding listings, deciding on neighborhoods, but there is still a lingering question in the back of your mind...

What is the difference between a CONDO and a CO-OP?

We're going to try and break it down for you the best we can.

Interested in a CO-OP? Here's what you need to know...

• When you buy a co-op, you do not own your apartment. Sounds strange? Instead, you own shares of the co-op corporation that owns the building.
• You need to be approved by the Board of Directors. This process is time consuming, and often requires a large amount of documents pertaining to your finances, current living situation, and employment.
• It is harder to sub-lease your co-op, but this depends on the individual building.

Okay, those are the facts. So tell me about what I'm paying...

• The good news is, most co-ops tend to be less expensive than the comparable condo.
• Monthly fees? You'll be paying maintenence fees that cover heat, hot water, insurance, staff salaries, and real estate taxes. These monthly fees are usually higher than the monthly fees for a condo because they cover the underlying mortgage for the building.
• Bright side of the maintenence fees? Some are tax deductible.

Okay. That should just about cover the basics of a Co-Op. Now how the heck is a condo different?

What is a condominium?

Buying a condo is much more like buying a house. When you purchase your condo, you own it! Each unit has its own deed and its own tax bill.

So why go with a condo?

• No board approval!
• More flexibility to sublet!

But let's talk money...

• Condos are generally more expensive than their comparable co-op.
• However, in most cases, buyers are able to finance a larger portion of the purchase price (up to 90%), and can put less money down.
• Monthly fees are much less than a co-op.
• But - they are not tax deductible.

Still have questions? Want advice as to which route to take? We're here to help! Shoot us a comment and we'll get back to you right away!

- Team Levan

Leaving on a Jet Plane - With Help from Levan!

The Team here at Levan Real Estate is currently working on a way to benefit you. That's right, YOU, our client!

Imagine buying a new and beautiful apartment, the home of your dreams, and then on top of that - getting a trip to anywhere in the world! As a thank you for working with us at Levan, we'd like to make this happen.

What we would like to know: If you had 2 free tickets to anywhere in the world, where would you go?

A cozy bed and breakfast in coastal Maine, Paris in the Springtime, New Orleans for Mardi Gras, golfing in Qatar - The sky is the limit - shock us with your responses! Who knows - it could end up being one of our options for you.

We'll let you know when we launch this new offer - but until then, keep the ideas coming!

Get started on finding your new home today.

Levan Real Estate

- Team Levan

Team Levan Joins 2009

Coming to you live from sunny Midtown East, the team here at Levan Real Estate has officially joined the world of 2009 as of 11am EST today.

Follow us on Twitter: http://twitter.com/levanrealestate

Become a fan of us on Facebook: http://www.facebook.com/pages/New-York-NY/Levan-Real-Estate/116071877615

Friend us on Myspace: http://myspace.com/levanrealestate

And, as always, check us out on our own webspace: http://www.levanrealestate.com

We'll be posting here with listings new and old, information on the New York City real estate market, and any exciting Levan events that may be coming your way!

Stay tuned!

- Team Levan