REPORT: Bronx prices rising in adjusting residential market
Real Estate Board of New York’s (REBNY) Residential Sales ReporT shows average sales price for a home in the Bronx rose 12 percent to $472,000 in the fourth quarter of 2018
Category : Featured
Out-of-this-world amenities coming to a luxury condo near you
Garages for flying cars and double decker elevators now on the drawing boards of some of the worlds swankiest new apartment developments
Bright outlook for boutique office building sales in 2019
Massive corporate expansions by Amazon, Google, and Disney signal busy year in New Yorks boutique office building sector as small and medium business start to cluster around the giants.
Online returns create big business for secondary market in reverse logistics
With logistics hubs becoming increasingly in-demand, so-called “reverse logistics” centers, used for returns and refurbishments, have also kept stride.
Freelancers bring flex appeal to NYC
New York already ranks number one in amount of flex space inventory across the country and one of the many factors are the city’s concentration of freelancers.
Multifamily market makes a comeback
Manhattan’s multifamily property brokers have started the new year in an upbeat mood as the 4Q market reports point to a recovery in the sector.
City okays Ravitch rent deal at Waterside Plaza
The City Council approved an agreement that will protect Waterside Plaza tenants against substantial rent increases as part of a lease extension.
Taconic, Mitsui Fudosan refinance midtown rental with $200M loan
The 10-year fixed-rate loan was originated by Wells Fargo Multifamily Capital and replaces the original $185 million constructin loan
Real progress towards reducing Greenhouse Gas Emissions in New York City
Lofty goals must meet on-the-ground realities of building operations and energy availability in order to make it a workable law – not just a feel-good headline.
KRE closes $258M finance deal for Jersey City development
Wells Fargo Bank, N.A. and Capital One, National Association provided the construction loan.