Real Estate News from July 2013

  • Vishaan Chakrabarti Makes the Case for “Affordable Urbanism” By Aby Thomas | July 31, 2013

    When Vishaan Chakrabarti speaks, New York City’s real estate sector is known to sit up and take notice—which is why we are especially excited about his recent op-ed in Crain’s New York Business. In the editorial, Chakrabarti, who is the director of the Center for Urban Real Estate at Columbia University, makes a strong argument for continuing with the rapid pace of development in New York City, but also stresses on the need for building more affordable housing units in the city.

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  • An Apple A Day Is Bloomberg’s Newest Way By Nikki Hess | July 30, 2013

    Image Courtesy of Silive It's no secret that Mayor Bloomberg has been itching to scratch the obesity epidemic that plagues Americans. From his efforts to attach a tax to the city's soft drinks to promoting local initiatives to grow fresh produce, it doesn't seem as though this health-crazed mayor is considering putting an end to his campaigns any time soon. And as for the latest in the city's attempts at combatting unhealthy habits, I present to you: prescription fruits and veggies.

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  • Daily News: Landmark Preservation Hindering New York City’s Progress By Aby Thomas | July 29, 2013

    In an editorial published on Tuesday, the New York Daily News took to task the Landmarks Preservation Commission in New York City for going overboard with their zeal for preservation—according to the editors, the commission has been designating certain sections of the city as historic landmarks even though they don’t really have any significance in the overarching story of the city. For instance, the article notes that 30 percent of Manhattan properties are currently protected by the commission’s regulations, and included in that list are 48 vacant lots and 50 parking lots, spaces that could have been put to better use as real estate development sites.

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  • Taking a Peek Into Gotham City’s Graffiti History By Shwetha Ravishankar | July 26, 2013

    Today Gotham City is the land of soaring skyscrapers, but it wasn’t always known for its sleek and slender skyline. Time travel zooms in on the 1960’s, when the city was still in its infancy, its people slowly emerging from their cocoons, and trying to get their voice heard, and make the city home. Emerging artists at the time needed an outlet to express themselves. Hence, the city became their canvas. Walls, bodegas, subway stations, trains - the city was suddenly enveloped in the imagination, and power of expression of the graffiti artists at the time.

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  • Celebrate Summer from Dawn to Dusk at Water Street Pops By Shwetha Ravishankar | July 26, 2013

    New York City is by far the best place to be, to get a true taste of what summer is like. Yes, you will be sweating it out in the sweltering heat, but with the city packed with fun events happening all day, every day throughout the summer, we bet you’ll be brimming with excitement, and bragging about your summer to friends back home!

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  • Love Ethnic Museums? You're Hardly in the Minority By Nikki Hess | July 25, 2013

    Image Courtesy of Museum for African Art The late journalist and broadcaster, Alistair Cooke, is quoted as having once said, "New York is the biggest collection of villages in the world." Cooke, a British-born media man, was certainly not wrong in his assertion. An immigrant to the U.S. himself, Allistair was an adamant advocate of bridging the cultural gap between Great Britain and the U.S., and of acquainting himself with interesting people across the nation. Although Cooke traveled throughout the U.S. (and crossed an ocean) to grasp a better understanding of his diverse neighbors, New Yorkers are far more fortunate. For those interested in learning about a variety of different immigrants' stories and artifacts from their past, the city offers an array of ethnic museums to satisfy one's cultural cravings. In addition to Manhattan's variety of unique museums dedicated to fascinating histories and movements, tourists and residents alike can immerse themselves in the nearly innumerable ethnic museums throughout the city. By using the list provided below as a guide to some of the city's different spots, you can see for yourself the diversity that Cooke spoke of and come to truly understand the meaning of the old adage, "It takes a village…"

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  • The race to the finish line: New York’s Mayoral Election Roundup By Shwetha Ravishankar | July 24, 2013

    New York’s mayoral elections are quickly approaching, and candidates looking to expand their voter base at the ballot, are doing everything in the book and beyond. From candid celeb sightings, public housing sleep overs, to facing the downside of being sued by Bloomberg, the candidates seem to be all over the place, to be seen and heard, all in a bid to get them up where Weiner stands alone (as of now)!

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  • NYC Construction Boom: An End to the Inventory Shortage? By Thomas Faddegon | July 24, 2013

    Apartment hunters, rejoice! The New York City Building Congress has fantastic news for those struggling with the extreme shortage of housing options in New York City.

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  • In the heart of Harlem’s Renaissance - Sugar Hill By Shwetha Ravishankar | July 23, 2013

    Located in the northern part of Hamilton Heights in Harlem, Sugar Hill is a reminder of Harlem’s Renaissance during the first World War.

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  • Single Homeowners - Women Buying More Than Men By Clemence Fontaine | July 23, 2013

    Once upon a time women needed to wait for Prince Charming in order to buy a home. Hopefully for the fair sex, this time is now over. Only after the second wave of feminism and Title VIII of the Civil Right Acts of 1968, commonly referred to as the Fair Housing Act, were women were finally recognized as financially responsible and gained an easier access to credit cards and mortgages. 

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