The Q2–2021 median sale price for condos and co-ops in Manhattan rose to $1,130,000 – its highest level in eight quarters, according to Douglas Elliman. The number of sales surged 151.8 percent year-over-year to 3,417 and the months of supply … Continue reading →
Between March 23 and August 16, sales of Manhattan homes declined by 56 percent year-over-year and for properties priced at $4 million or above, sales were down by about 67 percent, according to The Wall Street Journal (citing data from … Continue reading →
Searches for moving to New York City suburbs are up almost 250 percent compared to the same period in 2019, according to moveBuddha. The data is derived from the last four weeks of queries on Older males usually viagra canada … Continue reading →
Average retail asking rents in New York fell for the tenth consecutive quarter to $714/sf during Q1–2020 – a nine percent decline year-over-year, according to CNBC (citing data from CBRE). Retail rents in Times Square dropped by 15.7 percent from … Continue reading →
Industrial conglomerate 3M has filed a lawsuit in the Southern District of New York against N95 respirator distributor Performance Supply, LLC alleging trademark infringement. According to the complaint, Performance Supply (which is not an authorized distributor of any 3M products … Continue reading →
San Francisco-based Rothy’s will open a store in DC. The women’s shoe brand, which makes its products out of used materials such as recycled water bottles, brought in over $140 million in sales last year, according to CNBC. The Georgetown … Continue reading →
On June 14, the New York State Legislature passed and Gov. Cuomo signed into law, the Housing Stability and Tenant Protection Act of 2019 (S6458). Some of the law’s provisions are noted below: Repeal of vacancy decontrol and high-income deregulation: … Continue reading →
New York intends to spend $39 million per subway station for the next round of accessibility retrofits, which will add elevators and ramps. This is double what it costs to make a station accessible in London, five times what it costs … Continue reading →
Blue Stripes Cacao Shop, an Oded Brenner concept which opened last June at 28 East 13th Street in Manhattan’s Union Square, intends to expand to DC, according to Eater DC. With an intended footprint of between 1,500sf and 2,000sf, the … Continue reading →
TF Cornerstone and MSD Partners LP intend to replace the Grand Hyatt building in Midtown East with a two million square foot mixed use tower which would house retail, office and a new Hyatt hotel. Developed by Donald Trump in … Continue reading →