Category : Blog

BANKS: Garment District has new lease on life
Blog

BANKS: Garment District has new lease on life

REW Staff
New York’s Garment District has long been both the physical and symbolic center of New York’s fashion and garment manufacturing industries. But the zoning laws enacted three decades ago could do nothing to protect fashion and apparel businesses and employment in the garment district from global forces. Since the zoning rules were enacted, garment employment …
Rechler sets stage for talent competition
Blog

Rechler sets stage for talent competition

REW
Scott Rechler is taking a nuanced approach to today’s commercial real estate market. The chairman and CEO of RXR Realty and former Port Authority vice chairman spoke at an Avison Young market report presentation Tuesday in Midtown, where he spelled out where tenants are looking in the market and why...
DONE DEALS: No big secret to selling a special space
Blog

DONE DEALS: No big secret to selling a special space

REW
A stand-out apartment doesn’t need a stand-out price. When Triplemint agent Tyler Whitman listed #4 at 199 Humbolt Street in Williamsburg, the funky floor plan didnʼt faze him. “The Brooklyn market is very competitive for unique apartments that are priced appropriately,” said Whitman. “This was a rare one bedroom with...
Roommate startup lands new cash
Blog

Roommate startup lands new cash

REW
Roomors, the New York-based housing solution for young professionals, has completed an investment round lead by Thayer Street Partners. The co-living startup provides the cityʼs young professionals with turnkey apartments and a community network, offering fully furnished apartments which include utilities, wifi and housekeeping in the rent price, which on...
Blog

Quay Tower knocks it out of the live, work, play park

REW Staff
In the residential market, the phrase “live, work, play” has been uttered so many times, repeated again and again, ad nauseam, to the point that it’s disappeared into itself, its true meaning lost in the wind. Ostensibly, it refers to a neighborhood with ready proximity to housing, offices and places to drink and dine, but …
Brokers now a mobile workforce
Blog

Brokers now a mobile workforce

REW Staff
Brokers are spending more and more time on their smartphones and ipads. According to the most recent Mobile Usage Report from Realtors Property Resource (RPR), a subsidiary of the National Association of Realtors, 85.28 percent place a priority on using a mobile device to accomplish day-to-day tasks during the work day – up 10 percent …
Corporate rental upstart makes NYC push
Blog

Corporate rental upstart makes NYC push

REW Staff
Corporate housing upstart blueground is breaking into the New York market with 100 apartments on their books and a plan to grow that to 600 by the end of the year. The company, which leases homes across the globe then rents them to tenants looking for turnkey temporary homes. blueground is partnering with companies including …
New Listings: 30+ acre estate in CT listed for $15 million
Blog

New Listings: 30+ acre estate in CT listed for $15 million

REW Staff
Douglas Elliman’s Jennifer Leahy is listing a 30-plus acre equestrian estate minutes off Round Hill Road in Greenwich’s Partridge Hollow community for $15.37 million. The custom-built center hall colonial totals 9,968 s/f and has 11 bedrooms, 11 bathrooms and five fireplaces. The ceilings are high and there are several grand public rooms. The eat-in kitchen …