Real Estate News from July 2014

  • REBNY and LPC At Odds Over Landmarking By Tasha Moore | July 30, 2014

    In May 2014, Mayor De Blasio unveiled a plan to remedy the City's severe housing shortage. Mega-developers, community activists and everyone in between polar opposite sides of the housing debate have since convened to assist the mayor in deciphering exactly how he plans to churn out 80,000 new units in a City saturated with pricey real estate.

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  • Want To Invest In NYC Real Estate? By Lara Milbauer | July 30, 2014

    Think you’re ready to dive into real estate investing in New York City?

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  • Completely Bare UES Townhouse Asks $65 Million By Samantha Brown | July 28, 2014

    If your housing budget was $65 million, what would you buy? A penthouse on the Upper East Side? A bayfront estate in the Hamptons?   Or a completely empty, unfurnished townhouse?  

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  • Chinese Developers Continue Investing in NYC Projects By Lara Milbauer | July 28, 2014

    It is not uncommon to see international developers involved in big New York City projects. However, one of Midtown’s biggest upcoming projects is being taken on by a Chinese developer whose intentions are to bridge the Chinese capital with the U.S. real estate market. Developers, Kuafu Properties joined together with high-end real estate company Siras Development to invest $62 million on this space in Midtown.  

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  • NY Metro Luxe Home Prices Soar, Defy National Trend By Tasha Moore | July 24, 2014

    Recent data issued by Trulia and Zillow paint a flattering picture for the New York Metro luxury real estate market.

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  • NYC's Hottest Summer Festivals By Lara Milbauer | July 24, 2014

    Looking to take advantage of this season’s clear skies and explore all that NYC has to offer? Summer is the perfect time to get out of your house and really experience the charm of this vast city. Check out these outdoor festivals bringing you food, drinks, and live music all summer long.   Jazz Age Party

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  • Brooklyn Bridge Residential Housing Project on Hiatus By Lara Milbauer | July 21, 2014

    As part of Mayor de Blasio’s affordable housing plans, he intends to add residential developments to neighborhoods throughout the city. Part of his plans are to construct two new condominium towers in Brooklyn Bridge Park, yet news of this proposal caused neighborhood residents to go haywire.

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  • NYC Buys Willets Point Lot, Bolsters Makeover Plans By Tasha Moore | July 21, 2014

    The City doled out $7.94 million dollars for the Willets Point lot located at 126-23 37th Avenue, and it now controls 95 percent of the area's land which had been neglected for many years.

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  • New York Public Library Settles Renovation Disputes By Lara Milbauer | July 21, 2014

    The six year controversy over the New York Public Library’s renovation has been settled.  The original plans have been terminated, altered to accommodate the requests of many New Yorkers.

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  • Where Do Industry Leaders Live in NYC? By Samantha Brown | July 18, 2014

    We know that celebrities love New York City. From Lindsay Lohan to Denzel Washington to Sting, the rich and the famous have long made themselves at home in the Big Apple. But what about just the rich (and maybe semi-famous)? Titans of industry, heiresses, and other assorted business people also buy and sell Central Park penthouses and West Village townhouses.

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