Welcome to YRE

Trump Place Condominium (120 Riverside Boulevard) is a Hybrid asset that has shifted toward a Yield-Oriented profile as capital appreciation has stalled over the last decade. While the building maintains a robust 1BR rental market, the Effective Annual Rent is often undermined by high rental DOM, leading to significant income leakage. Investors should focus on high-demand 2BR stacks (like the D-line) that maintain a structural PPSF premium, while avoiding the "commodity" 1BR units that suffer from mean-reverting pricing and extended resale friction.

The Caledonia is a Hybrid asset that functions as a high-velocity capital vault for 1BR/2BR investors but presents significant risk in its larger floorplates. While core lines have achieved reliable Appreciation-Driven growth—shifting from $1,100 to over $2,100 PPSF—the building suffers from "marketing sludge" in its 3BR segment and catastrophic income leakage across various units. Rental vacancies can exceed 300 days, destroying realized yield. Opportunity lies in the high-velocity Line 06 and 03 resale stacks, while risk is concentrated in the illiquid 3BR stacks which trail building-wide liquidity standards.

Hudson View East is a high-volume Hybrid asset that serves as a reliable entry-level anchor in Battery Park City, despite underperforming the sub-neighborhood by 10.8%. The building’s health is anchored by its 1-bedroom and studio segments, which capture steady rent efficiency (~$80/SF) and turnover efficiently. While the building demonstrates robust long-term compounding since 2003, investors must navigate significant "income leakage" in the rental market for non-standard units and severe liquidity risk in the 2-bedroom sector, where marketing periods average six months. Opportunity lies in the fast-clearing 1BR 'G' and 'H' lines, while risk is concentrated in larger units prone to chronic market lag.

Rector Square is a high-volume Hybrid asset that serves as a performance leader in Battery Park City, outperforming the sub-neighborhood by 7.0%. The building’s health is anchored by its 1BR segment, which maintains steady resale volume, and its 2BR units, which command structural premiums and elite rent efficiency up to $102/SF. While the building has demonstrated robust compounding appreciation since its 2013 sponsor cycle, investors face significant "income leakage" in the rental market for specific stacks ('J' and 'T') and severe liquidity risk in segments where marketing periods can exceed 400 days. Opportunity lies in high-floor 'H' and 'G' lines for capital growth, while risk is concentrated in lower-floor units with chronic market lag.