| Issue #12 - June 12, 2009 |
Gorgeous Real Estate
Distinctive Ventures Grows Property Management Business In Recession
By David Lion Rattiner
You might think that in a down economy things would be tough for a property management and real estate company, but when you offer a high level of excellence, people come knocking at your door.
Driving along Old Montauk Highway into Montauk, one of the most striking pieces of real estate draws your attention at the Panoramic View. Its name makes a lot of sense when you realize that every single view of this luxury co-op residence and hotel offers cliffside views of the ocean that are simply stunning. Ed Bruehl of Distinctive Ventures comments about their current business, "We're building business in a down market and things are working. The properties are just awesome."
Thanks to a remarkably well-run company known as Distinctive Ventures, the Panoramic View has seen dramatic changes for the better, including an unbelievable renovation that started when the gorgeous property changed hands. Ed Bruehl of Distinctive Ventures who lives and breathes the Panoramic View explained, "It started back when the French family that started the Panoramic View sold it to Distinctive Ventures back in 2007. Since then the Panoramic has gone through a serious renovation. Two of the buildings have been completely renovated in the exact same footprint offering some of the most luxurious living Montauk has to offer."
Ed grew up in California and then worked on Wall Street for four years before venturing out into real estate after moving to the East End to start a family with his wife. Ed Bruehl started out as a broker in 2002 at Allan Schneider before Corcoran acquired them. His success in real estate lead him to be the lead broker for the Panoramic View and also now for Sea Crest. He got involved when he met up with Adam Manson, the visionary behind creating what the Panoramic View is today, a gem for Montauk. Adam Manson was awestruck when he first saw it. "I thought it was the most spectacular piece of real estate that I had ever seen. It is gorgeous and charming with all of the buildings nestled into the hillside, overlooking ocean. I had the idea of combining Distinctive's level of property management with ownership. All an owner needs to do is enjoy the property, everything from mowing the lawn to taking care of the pool is handled. We essentially created a second homeownership experience that is completely effortless. There really is nowhere you can buy a home on the ocean with the kind of service we offer with our pricing structure."
The Panoramic View is known as one of the most luxurious and nicest places to live on the East End.
What separates the Panoramic View from other co-op residences is its level of luxury. "It's the only full service luxury oceanfront co-op in Montauk with a doorman, a concierge, porters and full management year round," Ed says, "We are managing this property as well as other properties, including the Sea Crest on Napeague which is exciting for us."
Among some of the accolades of the Panoramic View that separates it from others is a 10-acre private sanctuary, a heated pool with cabanas and a pool house as well as a pool and beach towel service and state-of-the-art fitness center. The secret at Panoramic View is that "it's taken care of." Everything is pretty much turnkey and is beautifully designed, all the way down to the smallest detail. This gives the current owners at the Panoramic View peace of mind about their property and their investment, and allows them to enjoy themselves living there.
Now that Distinctive Ventures is managing Sea Crest, that property is also offering the level of service, care of the property and living that Distinctive's management has built its reputation on. The Sea Crest property also offers a heated swimming pool, two private tennis courts, a picnic and barbecue area, daily housekeeping services and other amenities. Of course, you don't want to forget that it is located on 8.3 oceanfront acres with stunning ocean views. Need a beach towel? Not a problem here either with a beach towel service that includes chaise lounges and umbrellas.
Thanks to the hard work of those involved with Distinctive Ventures, Montauk and the people who live here are enjoying some of the finest living.
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