Real Estate News from June 2014

  • Real Estate Outside Manhattan on the Rise By Lara Milbauer | June 18, 2014

            Due to soaring prices, many of Manhattan’s biggest real estate buyers are shifting their investment dollars towards boroughs outside of the city. Well-known real estate companies have been making a name for themselves by taking up some of the largest buildings in Central Manhattan, but now, there seems to be less opportunity with higher prices.

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  • If I Had a Billion Dollars, I Could Buy Me a...City? By Samantha Brown | June 18, 2014

    Photo Courtesy of RedFin  

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  • De Blasio to Announce Plans for Midtown East Rezoning By Kamini Ramdeen | June 17, 2014

    Mayor Bill de Blasio has announced the timeline for rezoning in Midtown East. The bulk of the rezoning will begin in 2015 and continue on into 2016.

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  • Old and New Fixtures of NYC Rooftops: For Use or For Show? By Kamini Ramdeen | June 15, 2014

    The rooftops of NYC are crowded with all sorts of gizmos, gadgets, and amenities. Newer rooftop functions include, pools, bars, and even farms. NYC rooftops are doing much more than covering our heads. The installations that are found on our rooftops are sometimes necessary and are sometimes just for show. Here are two installations that will have you looking at NYC rooftops differently.  

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  • Berm Baby Berm! Finally, Manhattan Has a Flood Protection Plan By Samantha Brown | June 12, 2014

    Twenty months after Superstorm Sandy devastated New York City and much of the surrounding area, many residents still suffer from both the economic and emotional effects of the storm. As they continue to pick up the pieces, one question still lingers: What if Superstorm Sandy–or a worse storm–happened tomorrow? Would anything be different if this happened again?

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  • 5 Reasons Behind The Expansion of Billionaire's Row By Kamini Ramdeen | June 11, 2014

    Billionaire’s Row, which envelops West 57th Street to Park Avenue, is now moving south. Many developers are moving in to claim their stake of the evolving Billionaire’s Row, such as Pontiac Land Group, Goldman Sachs Group Inc., and Hines are collaborating to create a 72-story condominium tower on 53rd Street.

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  • New York City Smoking Laws Go Residential By Lara Milbauer | June 11, 2014

             Throughout recent years, America has been taking a much more cautious approach to smoking than done so in the past. For years, people have been smoking in their homes, restaurants and many other public places with no issues or complaints. The reason for this was because people were not aware of the harm cigarettes can do to their lungs and their bodies.

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  • Buy in Bed-Stuy with CityShares: Nabe-Specific Real Estate Mutual Fund By Jonathan Tuason | June 11, 2014

    Regional, single-country, global, and international funds aren’t new investment tools, but Seth Weissman is looking to narrow his scope to the neighborhood level.

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  • Data and The Real Estate Market: What's New? By Kamini Ramdeen | June 09, 2014

    Using data accumulation to show gaps in economics, personal markets, and interpersonal markets for making newer technologies is not a new trend. Using a smartphone everyday, or even simply using the internet from any device, can accumulate data and give you a more unique user experience tailored to you. This idea of "tailored to you" will be entering the real estate market in a new way and allowing for data to once again fill in a gap.  

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  • Manhattan's Pier 17 Makeover is Full Speed Ahead…Sort Of By Tasha Moore | June 09, 2014

    Ever since Hurricane Sandy carved up Manhattan's East River Esplanade, South Street Seaport has looked much less like the bustling town center it was constructed to be when it opened in 1983. The New Market Building that housed the Fulton Fish market suffered irreparable devastation. Plans for necessary renovation commenced immediately after the 2012 superstorm.

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