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The “Trump Premium” in Manhattan

CRE Worldwide Posted on November 19, 2016 by Ramin SeddiqNovember 19, 2016

During the summer the per-square-foot price for Trump-branded condos in Manhattan averaged $1,974/sf, compared with $1,873/sf for all other units, a five percent premium, according to MarketWatch There are many procedures for the same. viagra online store That’s why Experts … Continue reading →

Posted in US CRE | Tagged Economy, Housing Market, Multi-family, New York, Pricing

“Trump Place” to be Renamed

CRE Worldwide Posted on November 16, 2016 by Ramin SeddiqNovember 16, 2016

The Trump name will be removed from the “Trump Place” apartment buildings in Manhattan’s Upper West Side, according to The New York Times. Equity Residential owns the apartment buildings at 140, 160 and 180 Riverside Boulevard (between 66th and 69th … Continue reading →

Posted in US CRE | Tagged Multi-family, New York

Second Avenue Subway: Phase One to Open in December

CRE Worldwide Posted on November 5, 2016 by Ramin SeddiqNovember 5, 2016

The first phase of the Second Avenue Subway is slated to open at the end of December. The Q train will extend from 57th Street to run along Second Avenue to 96th Street. The phase one extension is expected to … Continue reading →

Posted in US CRE | Tagged Development, Government, New York

5th Avenue Retail: Rising Rents and Availability

CRE Worldwide Posted on October 27, 2016 by Ramin SeddiqOctober 27, 2016

Retail space availability on New York’s 5th Avenue strip climbed to 15.9 percent in Q3-2016, up 10 percent from a year earlier and exceeding the last peak of 11.3 percent in Q4-2014, according to Bloomberg (citing High fashion will also … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, New York, Retail, Vacancy Rates

NY Law Targets Airbnb

CRE Worldwide Posted on October 22, 2016 by Ramin SeddiqOctober 22, 2016

New York State has enacted a law authorizing fines of up to $7,500 for short-term apartment rentals (fewer than 30 days) when the owner or tenant is not present. The law targets Airbnb which, as of August 2016, had 45,000 … Continue reading →

Posted in US CRE | Tagged Economy, Government, Hospitality, Hotels, Legal, Multi-family, New York

JBG Cos. Acquisition of NYRT Cancelled

CRE Worldwide Posted on August 3, 2016 by Ramin SeddiqAugust 3, 2016

Chevy Chase, Maryland-based The JBG Companies, will not acquire New York REIT (NYRT), according to a joint press release issued on The only time any side purchase generic levitra effects were found was if it was taken without eating something. … Continue reading →

Posted in US CRE | Tagged Investments, New York, RE Sales, REITs

Panama Canal Expansion Nears Completion

CRE Worldwide Posted on June 25, 2016 by Ramin SeddiqJune 28, 2016

Tomorrow is the inauguration of the Panama Canal expansion project. Among other improvements, the project created a third set of locks, doubling the waterway’s capacity. Prior to the expansion project, the canal allowed for the passage of vessels carrying up … Continue reading →

Posted in International CRE | Tagged Construction, Development, Economy, Industrial, Latin America, New York

Foreign Investment in US Real Estate Market – 2015

CRE Worldwide Posted on January 4, 2016 by Ramin SeddiqJanuary 4, 2016

Foreign purchases of US real estate totaled $87.3 billion in completed deals for 2015, according to Bloomberg (citing data from Real Capital Analytics Inc.). Manhattan captured 27 percent of this amount ($23.5 billion). According to the 24th annual survey by … Continue reading →

Posted in US CRE | Tagged Economy, Europe, Investments, Latin America, New York, UK

Manhattan’s Largest Apartment Complex to Sell for $5.3 Billion

CRE Worldwide Posted on October 20, 2015 by Ramin SeddiqOctober 20, 2015

CW Capital will sell the 11,232-unit, 80-acre Stuyvesant Town-Peter Cooper Village to The Blackstone Group for $5.3 billion, according to The New York Times. The buyer has agreed to set aside 4,500 apartments for middle-income families and an additional 500 … Continue reading →

Posted in US CRE | Tagged Government, Housing Market, Investments, Lending, New York, RE Sales

“TAMI” Companies Dominate Downtown Manhattan’s Office Market

CRE Worldwide Posted on May 29, 2015 by Ramin SeddiqMay 29, 2015

Technology and media industry (TAMI) companies accounted for almost a third of all new office leasing in downtown Manhattan in 2014, compared to 17 percent for finance, insurance and real This is the reasons; cialis 20mg australia this is called … Continue reading →

Posted in US CRE | Tagged Leasing, New York, Office

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