Real Estate News from April 2014

  • A Brooklyn-Queens Waterfront Streetcar In The Works? By Jonathan Tuason | April 29, 2014

    With Brooklyn catching up to Manhattan in popularity, made in particular by waterfront developments promising to meet the needs of new residents and entrepreneurs, Michael Kimmelman, architecture critic for The New York Times, Read More

  • Combine Units and Stretch Your Legs By Jonathan Tuason | April 24, 2014

    Though New York living generally implies tight square footage, many of the city’s residents have given themselves more breathing room by buying out multiple, adjacent units.

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  • Estate Taxes: They Might Just Kill You... Again By Kamini Ramdeen | April 24, 2014

    One would believe that if New York State cut taxes that New Yorkers everywhere would jump for joy. One would believe... this is of course not the case as the citizens of the great metropolis of New York City have found a way to make even tax cuts an unfavorable act leading to immense displeasure. Beginning on April 1, 2014 new estate tax laws went into effect. The response to the effort to make New York State tax code a simple read has led to not just an outcry from citizens who are paying the taxes, but also from CPA’s who find the new laws to be in bad taste.

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  • Luxury Real Estate Market Projected To Grow Through 2014 By Jonathan Tuason | April 21, 2014

    Real estate is projected to grow in popularity as a long-term investment, ensured by consumer confidence, and bolstered by the rise in real GDP, marking a very different outlook from the economic lows of 2009.

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  • Paper Brokerages: Friend or Foe? By Stephanie Fujihashi | April 21, 2014

    There is a new trend that has been emerging in the world of New York real estate for some time: “Paper Brokerages.” Paper brokerages are companies owned by entities that join the nation’s multiple listing services (MLS) in order to access and display MLS listing data online. However, unlike traditional online brokers, they do not provide brokerage services to consumers. Some call such services innovative, while others insist that they could pose a threat to the existing status quo of online brokerage services.

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  • Politics and 'The Late Show' By Kamini Ramdeen | April 18, 2014

    The Late Show has been a New York City staple for 32 years. With the recent announcement that David Letterman will be retiring in 2015, NYC is faced with answering some tough questions. Will The Late Show stay in New York City? Will Colbert still be funny out of his “Colbert” character? (If that last one went over your head, then you really need to watch the Colbert Report, while you still can.)

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  • 57th Street's Restaurants Complement Rising Towers By Jonathan Tuason | April 18, 2014

    Midtown is continuing to cement its spot as the place to be.  The upwards expansion of condominium towers, like Extell’s buzzing One57, has set up a growth-conducive environment for an area that was previously left unconsidered by homehunters.  Restaurants, taking advantage of the new developments, have Read More

  • Brooklyn Rents Catching Up to Manhattan By Jonathan Tuason | April 15, 2014

    Even if the New York Observer boldly stated “Brooklyn Is Now Officially Over” (referring specifically to the its branding), the borough’s appeal is not only undeniable, but growing, with the quantitative measures to back it up.

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  • Tech for the Real World: Uber Rush By Kamini Ramdeen | April 15, 2014

    Need something delivered across Manhattan, but you don’t have time to do it? Well, Uber has a new service that will aid you in your delivery and recipient needs. Uber Rush is the new facet for Uber which primarily specializes in taxi-cab-on-demand services. Through the Uber app customers will now be able to use a courier service. Couriers sporting a Uber messenger bag will appear when summoned through the app, and deliver packages by foot or on bike to recipients.

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  • 12 Hidden Spots That Will Make You Fall in Love with NYC All Over Again By Stephanie Fujihashi | April 10, 2014

    With one of the most brutal winters on record slowly coming to an end and the sun setting a bit later on in the day, finally, spring is nigh in New York City. For all those days that you caught cabin fever while battling frigid temperatures, you probably can’t wait to feel the sun’s warm rays, take leisurely strolls in the park, and watch the flowers bloom.

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