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New Development Wrap-Up July 2014

By admin | Newsletter | Comments are Closed | July 18, 2014 | 0

New construction, at the moment, is drawing stunning levels of interest. As I mentioned in my last post, we’re seeing construction at levels unvisited since 2007, despite a spike in land prices of nearly 300%. The result is an exclusive focus on the high end. A few data points: I’m counting more than forty DowntownRead more

December New Development Round-Up (2 of 2)

By admin | Newsletter | Comments are Closed | December 18, 2013 | 0

The Charles was another casualty of the downturn in 2008-2009. Turns out, though, that it was only partly dead. Instead of being constructed, the Charles had remained an empty lot on First Avenue and 73rd Street for the last few years. As development picked up over the last year, so, too, did the plans forRead more

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New York City Real Estate | NYC, NY