Brooklyn is foundational to NYC’s recovery. Ariel Property Advisors On September 22, Industry City’s proposed rezoning and expansion joined Amazon HQ2 in Queens as another major multi-faceted neighborhood development to be scrapped after community opposition and a lack of support from local officials. These reversals of fortune for major developments represent a sea change in
Real Estate
The expansive home is on a bluff overlooking the Potomac River Gordon Beall Sited on 16.5 acres of George Washington’s original Mount Vernon estate, River View overlooks the Potomac River from a commanding bluff. Today it is for sale for $60 million. “This was originally part of Washington’s River Farm, and was deeded to his personal
In two or three years, when New York is fully New York again, today’s buyers will feel confident … [+] that these purchases represented smart, future-oriented thinking. Getty Are there actual people of means who are NOT running from New York as fast as they can? With no theater, no concerts, little indoor dining at
Halting stimulus talks could have sweeping effects for American renters. getty President Trump’s recent waffling on potential stimulus efforts could have sweeping effects for American renters. According to a new report from public policy think tank the Urban Institute, about 5.3 million renter households are dealing with a job loss. Though state unemployment helps, a
The coronavirus pandemic has dramatically affected the Cypriot real estate market. The sector has traditionally been highly dependent on foreign buyers, especially in recent years due to the impact of the ‘golden passports’ investment program. As shown in the semi-annual report of Pandora Investments Public, sales during the pandemic amounted to approximately $41 million, compared
Breegan Jane revels in the design-build process Courtesy of Breegan Jane on behalf of Trane Residential California native Breegan Jane is an interior designer, owner of an eponymous design-build firm, and, among other media turns, the new designing face of HGTV’s recent reboot of “Extreme Makeover: Home Edition.” She sees the ongoing Corona virus pandemic
With the economy fluctuating, more investors turn to the real estate market because of its resilience. Yet, to get the most out of the real estate market, an investor needs to spot trends before they become apparent to everyone. Over the next one to three years, the real estate market is likely to see a
The two-story box-like home, which is on the market for $12.9 million, has an indoor pool and cinema … [+] room CGP Design Do unusual homes require a different kind of sales marketing? The owner of this converted Cold War bunker in northwest London clearly thinks so. The sales particulars for this 10,000-square-foot concrete house
Exemplifying the building boom of new residential properties in South Harlem is 300 West, a … [+] 15-story, attainably-priced luxury condominium. Asthetique Extending from Morningstar Park to Fifth Avenue, and from Central Park North to West 125th St., New York City’s South Harlem continues experiencing a major transformation. Across the enclave a blossoming of upscale
The Covid-19 pandemic is influencing how are homes are designed and remodeled, according to … [+] designers and architects around the country. Photo Courtesy of Deckorators; deckorators.com // Wellness by Design (Tiller Press), (c) J. Gold The American Institute of Architect’s third quarter 2020 Home Design Trends Survey shows a strong jump in the number
Chief Executive at EastBanc, a multinational real estate development company headquartered in Washington, D.C. getty Some think that the Covid-19 pandemic will be the final straw for brick and mortar retail after years of struggle. However, many of the challenges retail faces today — excess space leased at high term and rent, competition with e-commerce and
Principal Broker of Real Team Realty. Member of the NAHREP Top 100 Agents in the U.S. Highest Ranked NAHREP agent in Utah. getty One of the things that I love about real estate is the large number of gears that have to operate efficiently in order to make the machine successful. There is so much to
Kenny Kane is the Chief Operating Officer at FIRMSPACE. getty In a recent survey by JLL, only 4.9% of office workers said they would be comfortable with exclusively working from home in the future — but many companies are still waffling about whether it’s worth revamping their old space setup to meet today’s new public health
Ellen Calmas is Co-Founder/EVP at Boston-based Neighborhood Pay Services, creator of the NPS Rent Assurance Rent From Payroll platform. getty Well-managed real estate funds typically provide annual above-market returns for limited partners (LPs), justifying the requirement that investors qualify with a substantial amount of upfront cash. The ability to provide big upfront commitments makes high net worth
getty In every great action movie, there’s a ticking-time-bomb element. If mortgage lending were an action movie, then rates are the time bomb. Since there’s no telling when rates will rise again, each week borrowers are either granted another chance to lock in a new low rate or the bomb blows and rates rise, destroying
Matt Picheny is the Managing Partner at MJP Property Group. 15 years’ experience as a real estate investor, syndicator, operator and author. getty My first big move in real estate was when I decided to move to New York City to become an actor and was inspired by the musical Rent. Ironically, this led to a
More young consumers are enjoying their time at home. getty A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces
Getty Images The entire drop in hiring activity in the US the beginning of the pandemic occurred in the principal cities of large metro areas, according to online jobs data. In the rest of the country, hiring activity is now above pre-pandemic levels. This city-center recession is likely to have long-term implications for business geography.
Dan Zakai is the Co-Founder and CEO of Mindspace, a global provider of boutique flexible spaces in 16 cities across Europe and the U.S. getty Soon, offices everywhere will be balancing a “total ecosystem” of workspace — one that combines traditional office space with work-from-home and third-party solutions. Companies across the globe are facing one of
One of the branded residences at the prestigious Amanzoe hotel in Porto Heli, Greece Dolphin Capital Growing in popularity, hotel-branded residences can offer investment potential for buyers and added value to the surrounding community. Checking out of a five-star hotel is never easy: it’s hard to say goodbye to the swish amenities; pristine suites; and
Printed with fun By robynblair On October 1, Robyn Blair Davidson launched a fine art print collection based on her best selling original candy art pieces. It’s been a noteworthy year, even during a pandemic, for the artist who went from being known as The Candy Artist on Instagram to the Artist In Residence at
Among the new developments to grace Miami’s Allapattah neighborhood will be 16 Allapattah from … [+] groundbreaking developer Lissette Calderon and her firm Neology Life Development Group. Behar Font & Partners, P.A. In the quest to carve out new, well-connected infill enclaves, a number of cities have looked to districts that traditionally sprouted to serve
Restore Oakland, a restorative justice center designed by nonprofit Designing Justice + Designing … [+] Spaces supports alternate means of justice for crimes. Photo: Emily Hagopian Today, the New York Chapter of the American Institute of Architects released a statement from its board of directors calling on architects to halt designing projects that support the
At Charlie West in Hell’s Kitchen, each resident will receive $10,000 from the developer to furnish … [+] and design a home office. Reuveni Real Estate With the coronavirus pandemic upending lives, and in a real estate market with a glut of luxury apartments, developers in New York City are getting creative with special promotions
Vered Schwarz is the President and COO of Guesty, an end-to-end property management software for short-term rentals. getty Before the pandemic, those investing in short-term rentals as a side revenue stream knew that they typically demanded 30% more revenue than traditional long-term lets. For that reason alone, many homeowners sought out property management companies that specialized
Fall for these fabulous home accents Rachel Havel Bluebird In A Box Because the pandemic has changed the rules of everything, fall decor doesn’t have to mean wreaths and pumpkins this year. It doesn’t even have to be remotely autumnal. Rather, it’s about expressing yourself in a place where you’re spending a whole lot more
The median price of a New York City apartment with a home office hovered around $1.3 million last … [+] spring and summer, jumping to $2.3 million in July 2020. getty After largely spending the last several months at home, New Yorkers who are still in the real estate market have certainly had time to
When consumers are looking for rental properties, one of the first places they check is social media pages. Landlords have understood the power of social media for some time now. Yet despite understanding how powerful a marketing tool it can be, many landlords don’t use it to its full potential. This lack of investment in
Atmosphere outside the Majestic Theatre on April 08, 2020 (Photo by Jamie McCarthy/Getty Images) Getty Images As theaters remain dark, there might be a game of musical chairs behind the scenes. According to Broadway investment banker Lisbeth R. Barron, who brokered the deals for British firm Ambassador Theatre Group to take over six theaters in
Will they be back? Barclays thinks not. At least not in their entirety. getty Is working from home here to stay? Barclays Capital thinks it is. In a special report published on September 22, Barclays equities analysts Ryan Preclaw in New York and Paul May in London wrote that working from home could reduce demand
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