Shalom and Aloha! If you're a bagel enthusiast and appreciate the delectable goodness of a New York-style bagel, then get ready for a culinary adventure in the heart of Honolulu. Tali's Bagels & Schmear is a hidden gem, lovingly crafted by a local and a New Yorker with a passion for the art of bagel-making.

The journey of Tali's Bagels & Schmear began when the island's only Jewish bagel shop closed during the lockdown. Feeling a void in their hearts and taste buds, the talented duo behind Tali's decided to embark on a personal quest to recreate the nostalgic taste of New York bagels. After countless trials in their home kitchen, they finally perfected the traditional method of boiling and baking, resulting in bagels that boast a crispy exterior and an extra chewy interior - exactly how Talia's ancestors did it.

In November 2021, Tali's Bagels & Schmear introduced their delightful bagel flights on Instagram, quickly gaining a loyal following. By January 2022, their passion and dedication led them to secure a commercial kitchen space and make their mark in the local farmers market scene. Today, their freshly baked bagels and innovative schmears are available at four different locations throughout the week, inviting both locals and visitors alike to experience the true taste of New York.

What sets Tali's Bagels & Schmear apart from the rest is not only their authentic bagels but also their dedication to crafting the perfect schmear. "Schmear" is the Yiddish word for spread, and at Tali's, it refers to the luscious cream cheese that tops their bagels. But this is no ordinary cream cheese – all of their schmears are made entirely from scratch. From using whole milk to create their creamy traditional cream cheese to crafting flavorful vegan options from tofu, every step is slow and deliberate, ensuring the highest quality.

The commitment to in-house preparation goes beyond schmears - Tali's Bagels & Schmear takes pride in doing everything from scratch. Yes, you read that right; they even smoke their own fish and create their own lox. Their dedication to maintaining a Kosher-style process means that all of their bagels are vegan, and over 30% of their schmears are vegan-friendly, ensuring that everyone can find something to savor when visiting.

The mission of Tali's Bagels & Schmear is both noble and ambitious. On one hand, they aim to bring comfort food to the Jewish community of Hawaii, providing them with an authentic taste of home. On the other hand, they strive to introduce the local community to the world of Jewish cuisine, giving them the opportunity to indulge in a bagel experience unlike any other on Oahu.

Their passion for tradition is undeniable, but what makes Tali's truly unique is their fusion of flavors inspired by local dishes. By sourcing ingredients locally, from flour to produce and even packaging, they showcase their commitment to supporting the community while creating a delightful blend of cultures on your plate. When you visit Tali's Bagels & Schmear, you're guaranteed to savor something you've never tried before - a blend of New York authenticity with a touch of Hawaiian inspiration.

One step into Tali's Bagels & Schmear, and you'll immediately feel the warmth of their welcoming atmosphere. Their passion for their craft and their love for their customers shine through every aspect of the experience. Whether you're a die-hard bagel aficionado or simply curious to explore the world of bagels and schmears, Tali's is the place to be.

So, if you're ready to embark on a culinary journey that combines the taste of New York with the spirit of Hawaii, Tali's Bagels & Schmear awaits you with open arms. From their perfectly boiled and baked bagels to their house-made schmears that burst with flavor, every bite is a delightful adventure. Experience the genuine taste of New York-style bagels right here in Honolulu – a place that has quickly become the heart of Jewish comfort food in the Aloha State.

We invite you to explore the rich culture and flavors that Tali's Bagels & Schmear has to offer. Come with an open mind and an empty stomach; leave with a satisfied heart and a craving for more. Embrace the fusion of tradition and innovation, as Tali's brings you the best of both worlds in a single, heavenly bite.

Visit Tali's Bagels & Schmear today and indulge in the taste of New York, crafted with the love of Hawaii. It's a culinary experience that promises to leave you with unforgettable memories and a strong desire to return for more. Shalom and Aloha - where tradition meets innovation, and bagels meet schmears. We'll see you there!

2022 has been off to a very hot start for the housing market in Kakaako & Ala Moana and the momentum has continued in April with all major metrics firing on all cylinders. The broader condo market in Kakaako & Ala Moana is under buyer pressure with a combination of low mortgage rates and low inventory availability. 

What this means for sellers?

In markets such as this with a very high competition from buyers it is the perfect time to list. The current average days on market right now for listings is 22 days which is -21% compared to 2021. The lower average days on market is a key indicator of how quickly listings are selling. Another key insight from April 2022 is while new listings are up 11%, the active inventory is down -16% which means the homes that are being brought on the market are selling fast. 

Sellers are receiving on average 98% of the listing value of their condo sales in April 2022. Competitive markets often present sellers with multiple offers some cash and more often we are seeing cash offers in these markets. This is the perfect time to list your home to capture the highest potential value with the fastest time to sale. The median condo sales price in Kakaako & Ala Moana is up +63% from April 2021 to April 2022. 

What does this mean for buyers?

Buyers need to make sure they are motivated and can keep momentum going for their search in a competitive market. Time and time again we see buyers getting discouraged when they are being out bid or find a home they like only to find out it received multiple offers shortly after they walked through the home. In addition, having the financing secured and a strong offer letter are key in this competitive market.

Buyers should also note that interest rates are on the rise which means borrowing money will get more expensive and likely happen at a higher rate of increase this year. If your goal is home ownership the first step is to contact us so we can connect you with a lender to get prequalified for a loan right away. 

Our thoughts.

While this market is red hot with activity, having a game plan going into your home purchase or sale will help you navigate through the turbulence and get you to your real estate goals. Something we often remind buyers of in competitive markets is to always check new projects as well. They might find more stability in new project sales and avoid the hassle of the resale market and competing against other offers. If the buyer has the time horizon and sees a development that looks attractive, new project sales can be a great way to purchase a home in a competitive market. 

Kaiāulu ʻo Kakaʻako Master Plan | Our Kakaako

Things are heating up in Our Kakaako as land owner Kamehameha Schools begins awarding guest developers with contracts to develop the remaining blocks that are slated for redevelopment. Currently, The new plans outline 6 additional towers in the Our Kakaako neighborhood just east of SALT.

The newest towers announcements have been Kahuina and Alia. Kahuina will be more focused on workforce affordable housing units while Alia will be predominantly focused on luxury with a small amount of HCDA affordable condo units to satisfy the requirements set fourth by the City & County. 

What does this mean for Our Kaka'ako?

The new 29 acre 9 city block plans really do portray an attractive and bright future for the now mostly warehouse laden neighborhood. SALT was the initial staple development for Our Kakaako which set the tone for the entire community - fun, artistic, modern & energetic. The plans would not only echo the existing vibrancy of Our Kakaako but add an incredible amount of new families, businesses and opportunity to the area. 

What is the timeline for the rest of Our Kaka'ako Master Plan?

Currently, 4 out of the 9 block redevelopment plans have been completed since the plan had been approved by the Hawaii Community Development Authority (HCDA) back in 2009 during Increment I phase of development. The remaining blocks C, D, G, H & I will be completed under Increment II and it will begin in 2022 with sales for both Kahuina and Alia expected to hit the market and construction of those two towers slated to start in 2023.

The first phase of Increment II is anticipated to be complete by summer of 2026. Based on this timeline we could expect to see another tower or two possibly announced in 2023 with construction slated for the following year 2024 or 2025.

Will Our Kaka'ako Master Plan have more access to affordable housing?

Kamehameha Schools has been committed to bringing more affordable housing options to market through the Master Plan. In the first phase of development Increment I, KS was able to provide above 30% of the homes under the affordable housing category which is above the states requirements. KS has committed to offering at least 2 of the 5 for affordable / workforce housing. 

The future of Our Kakaako is certainly a bright one. We are very pleased to see an emphasis put on workforce housing by KS which is a huge need in the community. More housing and more commercial opportunities means more jobs and better quality of life for the community as a whole. 

November 2021 Condo Market Update - Kakaako & Ala Moana

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Condo market continues to heat up through the end of 2021 in Kakaako & Ala Moana with record breaking sales, days on market and average purchase price figures.

• Closed Sales 164% Increase 
• 97.6% average asking price (31%+)
• Total inventory is down 38% YoY

With historic low interest rates, the market inventory has been decimated. Sellers are fetching over asking offers and very low days on market. This is an excellent market to list in and exclusive Condo Kakaako listings have went to contract just 48 hours after listing.

Buyers concerned about inventory stability should in new tower developments which tend to have higher unit listings right after move in, namely The Central Ala Moana, A’ali’i and Azure Ala Moana. These three new towers have just completed construction and unit owners have already moved in. It's common to see a large amount of listings hit the market right after new buildings are finished due to pre-construction owners seeking to sell for a return on their investment. Listings at The Central Ala Moana have already sold for $100,000 over original purchase price pre-constriction sales two years ago which is excellent appreciation. 

Ulana Ward Village is the newest development which will comprise entirely of almost 700 units all HCDA which means buyers need to qualify for the under market rate units to purchase.

For more info on buying or selling in Kakaako & Ala Moana, contact us to set up a free consultation.

What does a new record for O’ahu median home price mean for buyers and sellers?

It’s an interesting time in Oahu Real Estate. This November on Oahu there were 29% fewer homes for sale than last November. However, with interest rates what they are now, there are the same if not more interested buyers than ever. 

This means more buyers are competing to purchase with fewer homes for sale. And the numbers show it: On average homes are selling for 99.5% of what they are listed for. Also, the median home price just hit a new high of $872,500.

Is this encouraging, or depressing?

Here’s why we think this is encouraging news for selling their home AND people looking to buy one.

First: it confirms that there is tremendous value in our market regardless of uncertain times. And value is good for both parties to a transaction. 

Second: it makes pricing clearer and more predictable. It’s reasonable for sellers and buyers to be more certain about what a house will cost after all is said and done. Let’s face it, negotiating can be stressful. 

With less wiggle room in prices (due to the market forces mentioned above) you pretty much know what you’re getting into from the beginning. This can free up energy to think  more clearly about what you want and if the offer you’re considering is right for you.

Here’s what we recommend: Don’t let the numbers stress you. If you’re selling, it is very likely you will get top value for you sale. If you are buying, Oahu Real Estate continues to be a top value purchase. 

If you’re ready to sell, the market is favorable. If you’re ready to buy, identify what you can afford and work with a professional to help you find the best opportunity.

In either case, we are happy to help. Let us know, and give us a call, when you’re ready to take advantage of these extraordinary times.

Market Snapshot

Are you looking to purchase? Here are some of our recommended listings with great value for this month:

Ala Moana Tower #306 @ $388,000

• 2 bed/ 2 bath /1 Parking
• 854 Total SF
• Fee Simple

1617 Kapiolani Blvd #306, Honolulu HI 96814

Click Here To See Listing

Summer Palace #606 @ $461,000

• 1 bed/ 1 bath /1 Parking
• 542 Total SF
• Fee Simple

1848 Kahakai Drive Unit 606, Honolulu HI 96814

Click Here To See Listing

801 South South #3012 @ $565,000

• 1 bed/ 1 bath /1 Parking
• 576 Total SF
• Fee Simple

801 South Street #3012, Honolulu HI 96813

Click Here To See Listing

Are You Considering Purchasing? 

Learn all about the purchasing process with our free Condo Kakaako Buyer's Manual. 

Arguably the most important factor in purchasing a home outside of the list price is the mortgage rate which your selected lender will approve you for. Many factors come into to play when looking at your final mortgage rate such as down payment, credit score, and lending rates in the market. However, as of March 2020 mortgage rates have taken a serious dip which means potential savings for those who are seeking to make a home purchase.

CNN Business news had the following quote: The average 30-year fixed-rate mortgage fell to a record 3.29% this past week, according to Freddie Mac, the lowest level in nearly 50 years of its survey. The 15-year fixed-rate mortgage dropped to 2.79%. 

The Federal Reserve announced an emergency rate cut, which slashed the benchmark interest rate range down to 1% to 1.25%. That cut, along with a rock-bottom 10-year Treasury yield and continued coronavirus fears, means mortgage rates could be poised to head even lower. 

“It’s definitely a good time for someone looking to buy a home to get financing,” said Mark Hamrick, Senior economic analyst for Bankrate. “Home prices have risen, and it is rough for those looking for a bargain, but the financing has gotten better.”

If you are considering a home purchase, let us know. The first step is to get a free pre-qualification with a lender who will let you know what loan amount you can qualify for and at what rate. Taking the first step is simple and easy.

Call/text (808) 721-3747 or email us info@condokakaako.com today to get things started. 

This month kicks off a brand new decade and we are excited for whats in store for the Ala Moana/Kakaako neighborhoods. Homeownership is a goal that many of us want to achieve and our goal is to help educate prospective buyer's on whats new, available and a good deal in Ala Moana/Kakaako. 

New Development Updates:

The Central Ala Moana - SOLD OUT

(image courtesy of Pacific Business News)

The Central Ala Moana sold its last remaining studio marking a 100% sell out of all of its 513 Market Rate + Affordable Housing Units. Quite an achievement in this day and age! Construction is well under way for a projected 2021 completion. This will be a fantastic addition to the neighborhood and will provide over 300 units to those meeting HHFDC Affordable Housing Guidelines. A great story for Ala Moana.

Ililani - Market Rate Units for Sale

The Ililani project in the SALT side of Kakaako's sales are well underway and new pricing is available for Market Rate residences. We've updated our page (link here) to reflect the new pricing and availability. Don't forget to scope out the new amenity renderings as well. 

The Affordable Housing lottery has yet to take place but we've been informed by the developer that it should be coming within the next few months. We were happy to help support this project with over 15 hopeful buyers put into the program. 

At this time they are no longer accepting applications for the affordable housing lottery but if you are interested in the market rate units, please let us know and we can help you immediately. There are still some 2 bedroom units priced under $700K which is considered a GREAT deal for Kakaako. These are being reserved on a first-come first-serve basis so contact Isaiah at (808) 721-3747 or info@condokakaako.com today.

Resale Market 

There have been 50 closed transactions within the past 30 days in Ala Moana/Kakaako within the resale market. 

The highest priced sale was at Park Lane Ala Moana Unit 7604 at $4,800,000 (https://www.condokakaako.com/search/details/27x/0/)

(Park Lane Ala Moana Unit 7604 Living Room)

This 2,065 SF 2 bedroom 2 bathroom unit was originally listed at $5,300,000 in November and went into contract shortly after. It closed in January at a contract price of $4,800,000. Looks like a total of $500K was negotiated off the sticker price, not bad. 

(Moana Pacific East and West Towers)

There was a flurry of activity at Moana Pacific with 8 sales closed in January. We've noticed price drops occur more often in this building so it may be a place to watch out for good deals. The lowest priced 2 bedroom sold for $709,000. To learn more about Moana Pacific, please visit our Condo Guide.

The lowest priced closed sale last month was in Ala Moana at Atkinson Towers. A 1 Bedroom 1 Bath 664 SF unit sold for $340,000. 

(Atkinson Tower)

Interest Rates (as of January 27, 2020)

(courtesy Bank of Hawaii)

Mortgage rates still hover at historic lows which help drive the market. It's important before you start searching for real estate to get prequalified with a lender to see what price category you should shop in. We can help put you in touch with reliable lenders and start you on the real estate journey.

Talk to an agent today

A common misconception of Kakaako/Ala Moana is that there is only new high end condominiums for sale. There is a wide range of inventory at all different price levels. The tricky part is knowing where to look and what is considered a good deal. When we help buyers who are just starting to look at real estate, it's important that we educate them on the real estate market as a whole for the neighborhood, not just project sales. In this way, we are able to help buyers choose which way they want to go and recognize good deals. 

To schedule a free buyer consultation, please feel free to call Isaiah Block (RB-21893) at (808) 721-3747 or email at info@condokakaako. Isaiah works with buyers of all types, from first-time home buyer to luxury homes. We help to get you prequalified, search the market and close on your dream home. 

Have you been looking for a home Ala Moana-Kakaako but can't quite find something in your range? Take a look at our top value picks for available listings in Ala Moana-Kakaako for May 2019. Click each link to find more info about each listing and check out our mortgage calculator tool to get an estimate of your monthly payments. 

Pacifica Honolulu #2702

• List Price: $689,000
• 2 Bed / 2 Bath / 1 Parking
• Sq Ft Total: 747
• Maintenance Fee: $634/ month
• Amenities: BBQ, Exercise Room, Pool, Sauna, 
• VA Approved, Pet Friendly

Pacifica has always been on our favorites list for Kakaako. Great location, great amenities, great management and reasonable maintenance fees. A 2 bedroom in a newer (2009) building located right next to Ward Village for under $700K is a great value for the area. The only con of this listing is the lack of 2 parking spots and below average square footage. If you don't need a ton of space it's a great buy. 

For more info and pics on this unit, please follow this link: https://www.condokakaako.com/property/201907593/

Keola Lai #1104

• List Price: $689,000
• 2 Bed / 2 Bath / 2 Parking
• Sq Ft Total: 953
• Maintenance Fee: $868/ month
• Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Storage
• VA Approved

This is currently the lowest priced 2 bed/2bath at Keola Lai which is a little over 10 years young. Great location, well managed building, solid amenities and large sized units. The maintenance fee is considered reasonable for the area for all of the amenities which are included. If you are looking for the best overall value in Kakaako this is it.

For more info and pics on this unit, please follow this link: https://www.condokakaako.com/property/201908645/

Atkinson Plaza #1205

• List Price: $412,000
• 1 Bed / 1 Bath / 1 Parking
• Sq Ft Total: 768
• Maintenance Fee: $747/ month
• Amenities: BBQ, Sauna, Pool, Patio/Deck, Storage, Tennis Court
• VA Approved

Ala Moana more your style? Check out Atkinson Plaza for some great deals in a super convenient location. This unit offers an open living space with upgraded bamboo & laminate flooring and a 200 sf lanai to enjoy the Ko'olau views on the cooler side of the building. Although the building is on the older side, it's well managed and also has some sweet rooftop amenities including pool, sauna, bbq and more. The real value is in the location. Literally walking distance to the mall, Ala Moana Beach Park, Waikiki and more. Great pickup for a starter 1 bedroom. 

For more info and pics on this listing, please follow this link: https://www.condokakaako.com/search/details/1bg/2/

If you are interested in any of these listings or real estate in Ala Moana-Kakaako in general, please don't hesitate to get in touch with us at info@condokakaako.com. 

Our team is great at finding and recommending deals at any price range. We can also help get you prequalified for a loan so you know what your purchasing power is.

For immediate questions call or text Isaiah at (808) 721-3747.

Oahu Edition

Looking for the most grandiose, opulent, expensive real estate in Honolulu? Look no further. We've gathered a collection of the most expensive penthouses in paradise for your guilty pleasure. All of the following are active listings and waiting for its next millionaire owner to call home.

(All photos are courtesy of the MLS and prices are as of 4/8/19.)

One Waterfront Tower #4502

$5,450,000

This 3-story 4,475 sf Kakaako penthouse was sits atop the 45th story of One Waterfront Tower. The 2 bedroom floor plan is customizable and can allow up to 5 bedrooms with 2 full bathrooms and 1 half bath. Features include private elevator entrance, a fully authentic Japanese Tatami Tea room & panoramic 270-degree Diamond Head, Ocean, Harbor & Ko'olau views. Don't forget the multiple entertainment rooms for all your envious friends.

Imperial Plaza #3901

$4,600,000

Completely remodeled in 2007, this 2-story penthouse sits on the 39th floor of Imperial Plaza in Kakaako. 3 bedroom, 3 bathrooms, 3 parking stalls and over 3,800 of interior square footage. $4.6M price tag but the seller is open to "any reasonable offer", so get your checkbooks open. 

One Ala Moana #2301

$9,800,000

The 23rd story Grand Penthouse at One Ala Moana features 3,669 SF of interior space and a whopping 2,108 SF of private outdoor lanai space including a jacuzzi of course. The interior space features 10 foot high ceilings, a 210 bottle Sub-Zero wine cooler with a Den and Entertainment room. The breathtaking views from the floor-to-ceiling glass are not too bad either.  

The Pinnacle #PH

$5,800,000

The Pinnacle is a lesser known building in downtown Honolulu which has one of the more unique penthouses on the market. It is the only penthouse unit in the building and covers 2 stories (35 & 36). If 2 stories is not enough, there is an option to purchase the 34th story unit for an additional $2M for a total of $7.95M. The penthouse has a full 360 degree view including Ocean, Pearl Harbor, Diamond Head and Waikiki. The interior furnishings cost $2M (Casa Fendi) and includes four garage parking spaces. If you consider the original sales price was $16.8M, then $5.8M might be considered a steal.

3019 Kalakau Ave #8

$5,150,000

Sometimes you just crave those ocean views. There hasn't been any land to put up condos in Honolulu's waterfront for a very long time and there probably wont ever be again. Built in 1961, this isn't the flashiest of buildings, however it gets a spot on our list simply for the fact that the views are truly unbelievable. This unit underwent a $1.2M renovation in 2012 and features 2 bedrooms, 2 bathrooms and 2,500 SF of interior and lanai space. Was the renovation worth it? Well it made Architectural Digest Top 100 list, so they seem to think so. See for yourself.

Tahitienne Inc #PH

$6,400,000

This is another lesser known ocean front condo located in the gold coast of Waikiki. Built in 1957 and renovated in 2008, this home commands a huge price tag because there's very little like it. The sleek, modern, contemporary design was designed by the ID group of Los Angeles and is our favorite interior on the list. This 3 bed, 3 bath penthouse comes with 2,800 SF of interior space and 645 SF of lanai space to soak in those breathtaking ocean front views. 

Waiea #3600

$36,000,000

This is it, the Big Kahuna. The most expensive and largest penthouse in all of Honolulu history. Billed the "Estate in the Sky", the Grand Penthouse of Waiea (one of the newest ultra-luxury condo's by Howard Hughes development) is priced at a whopping $36,000,000. It features 5 bedrooms, 5 bathrooms, 10,103 interior SF and 1,570 SF of outdoor lanai space. In addition you get a private rooftop infinity pool/spa, wine room, media room and a private garage. Located in the heart of the Ward Village master plan, you are steps away from restaurants, Whole Foods, and Ala Moana Beach Park - but you probably would never leave this place. The maintenance fee comes in at $12,106 per month and the property tax totals $24,853 a month. That's a total of $36,959 a month in ownership costs! But then again, if you have $36M to spare on a home, that's probably not your biggest concern. Check it out:

If you are interested in learning more about Honolulu real estate, please visit our Condo Guide or Search Tool.

Isaiah Block is an experienced realtor who can help you navigate the process of buying or selling real estate here in Oahu. If you'd like to get in touch directly, please send an email to isaiah@condokakaako.com

When buying or selling real estate, it's always important to keep track of the market. Let's take a look at statistics for February 2019:

(all data is courtesy of MLS and Honolulu Board of Realtors)

A snapshot of the Oahu market as a whole. 

Both condos and single family homes median sales price remain consistent with a gradual slope upwards.

Median days on market have increased a bit. This is not any cause for alarm though, this is still indicative of a very strong market slowing down a bit. 

Inventory has creeped up, but most sellers are still getting full asking price (percentage of original price received).

Prices continue to gradually increase. Time in the market usually beats timing. 

Closed sales seem to be down overall. A little bit of a slowdown from a booming market. 

Here's a snapshot of the Ala Moana - Kakaako Condo market for February 2019.

For more questions about the local market, please contact your friendly neighborhood expert. 

Isaiah Block (RB-21893)

(808) 721-3747

isaiah@condokakaako.com