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Monaco’s Real Estate Market Sets New Record

CRE Worldwide Posted on May 20, 2015 by Ramin SeddiqMay 20, 2015

Total real estate sales hit $2.7 billion in 2014, surpassing the previous record set in 2007, according to CNN Money (citing data from Savills). Buyers paying in US dollars saved around Being confident without being a jerk is the biggest … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Housing Market, New York, RE Sales

Blackstone to Buy Willis Tower

CRE Worldwide Posted on March 16, 2015 by Ramin SeddiqMarch 16, 2015

New York-based private equity firm Blackstone Group has signed an agreement to buy Chicago’s 110-story Willis Tower for $1.3 billion, according to Crain’s Chicago Business. The 3.8 million square foot skyscraper, which For instance, Technorati has 100 million blogs in its … Continue reading →

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

Brooklyn’s Strengthening Retail Market

CRE Worldwide Posted on February 14, 2015 by Ramin SeddiqFebruary 14, 2015

The number of active retail corridors in Brooklyn grew to 121 at the end of 2014, up from 88 corridors at the end of 2013 and 67 corridors a year earlier,

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Posted in US CRE | Tagged Development, Leasing, New York, Pricing, Retail

One World Trade Center Opens for Business

CRE Worldwide Posted on November 3, 2014 by Ramin SeddiqNovember 3, 2014

One World Trade Center opened for business today. Employees of Conde Nast – the first tenant to take possession – arrived today to occupy the 24 floors that the company leased for 25 years at a cost of about $2 … Continue reading →

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

New York Considers Pied-à-terre Tax Proposal

CRE Worldwide Posted on October 16, 2014 by Ramin SeddiqOctober 16, 2014

A proposed pied-à-terre tax in New York aims to raise $665 million by requiring part-time or non-resident New York property owners to pay a 0.5 percent tax on housing valued at greater than $5 million. The tax rises incrementally to … Continue reading →

Posted in US CRE | Tagged Economy, Government, Housing Market, Investments, New York, Taxes

Amazon to Open a Bricks-and-Mortar Store in New York

CRE Worldwide Posted on October 12, 2014 by Ramin SeddiqOctober 12, 2014

Seattle based online retailer Amazon.com, Inc. plans to open its first bricks-and-mortar store, according to The Wall Street Journal. Amazon is leasing space at 7 West 34th Street – a 12-story property owned by Vornado Realty Trust located across from … Continue reading →

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

China’s Anbang Insurance Group to Acquire NY Waldorf Astoria

CRE Worldwide Posted on October 6, 2014 by Ramin SeddiqOctober 6, 2014

Anbang Insurance Group Co., Ltd. intends to acquire New York’s Waldorf Astoria hotel from Hilton Worldwide Holdings Inc. for $1.95 billion, according to The Wall Street Journal. These include synthetic pills, herbal pills, supplements like vitamin C, cialis cheap fast … Continue reading →

Posted in US CRE | Tagged China, Hospitality, New York, RE Sales

Brooklyn Bounce

CRE Worldwide Posted on August 15, 2014 by Ramin SeddiqAugust 15, 2014

Apartment building sales in Brooklyn increased by 67 percent in the first half of 2014 compared with a year earlier, according to Bloomberg report. The median sale price of a multifamily townhouse in Brooklyn was It is tadalafil 20mg uk … Continue reading →

Posted in US CRE | Tagged Housing Market, Leasing, Multi-family, New York, RE Sales

Macy’s Flagship Store Undergoing $400 million Renovation

CRE Worldwide Posted on November 29, 2013 by Ramin SeddiqNovember 29, 2013

In an effort to generate sales growth, Macy’s is spending $400 million on the renovation of its Herald Square store adding 100,000sf of retail space for a total of 1.2 million square feet. The renovation project is expected to complete … Continue reading →

Posted in US CRE | Tagged Construction, New York, Retail

New Retail Project in the Bronx

CRE Worldwide Posted on November 16, 2013 by Ramin SeddiqNovember 16, 2013

The MTA is selling a 550,000sf site in the Pelham Gardens area of Bronx to a partnership of Grid Properties and Gotham Organization for $30.5 million,

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Posted in US CRE | Tagged Development, Government, Land, Leasing, Multi-family, New York, Retail

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