What Investors Look For In NYC Urban Real Estate Development

on Jun 29, 2017 in Entertainment, Shopping

When it comes to real estate development in New York, getting the right development information can be the difference between a successful investment and failing one. In most cases, it is of the essence for the involved investor to undertake a detailed investigation of the development before embarking on any financial activities. The New York real estate agent market has seen the growth of some of the best companies. These companies include CompStak’s, CoStar Group, and Joe Sitt’s Thor Equities in New York. Price In any real estate development, the price of the property should be the primary point of consideration for any investor. Typically, buying property at a lower replacement cost simply means that you are buying value. Apart from this, unlike any other type of investment, the price of the real estate will rise at some point. Location Another important aspect that each real estate investor should always consider is the location of the real estate. If you purchase a real estate development that is in a prime location, there is a high possibility that the development will grow rapidly as compared to a start-up in a remote area. The Track Record of the Developer If you are searching for a readily built development, you should not be swayed by the physical appearance of the development. Instead, it is of the essence to consider the history and track record of the developer. Property Valuation The value of each property is a key determinant in real estate. Many investors are willing to invest their money in properties that guarantee them a return of their money. For instance, investment analysis, taxation, sale pricing, and insurance premium all depend on the valuation of the real estate. Expected Profit Normally, any investment is done so as to get profit in return. If an investment cannot offer tangible returns, then it would be wise to avoid it in the first place. On the other hand, if an investment can provide maximum profits, then it is only right for the investor to go after the investment. In real estate development, an investor should consider the benefits of depreciation, expected cash flow as a result of the rental income as well as the value appreciation vs. the cost-benefit analysis. Apart from the regular investors, the NYC real estate has attracted a number of celebrities such as Demi Moore, Sarah Jessica Parker, Rupert Murdoch, and Kelsey...

World-Class Dining and Fun in the Cayman Islands

on Jun 8, 2017 in Entertainment

Grand Cayman certainly does not lack options when it comes to amazing dining choices, either. Located in the district of East End, Tukka is a unique restaurant which offers a menu of amazing Australian dishes accented with a dash of Caribbean style, as well as a mouth-watering assortment of daily specials. While dining at Tukka, guests may even catch a glimpse of recognizable faces, such as Ken Dart, and Taylor Swift, who was spotted there in early 2015.

Well known art collectors in Miami

on May 19, 2017 in Entertainment

Miami is considered to be one of the leading cities in the United States in terms of art. There are over 700 galleries in the greater Miami area which are clustered in different in areas within the city including the downtown area with the Design District, Little Havana and Little Haiti communities, and the Wynwood area. The Wynwood art area is home to approximately 30 galleries. Many of the major collectors are owners of galleries in Wynwood and the Design District of Miami. Art Collectors located in the Design District. Rosa and Carlos de la Cruz are prominent art collectors who display portions of their personal collection in the de la Cruz Contemporary Art Space in the Design District. Both were born in Cuba, and lived in New York, Philadelphia and Madrid before settling in Miami. Their goal is to make Miami one of the intellectual art capitals of the world. Daniel Maman is an Argentinian art collector who moved to the United States and opened his gallery in the Design District of Miami in 2013. His collection includes examples of contemporary and modern art, geometric art and concrete art. A one of the current exhibits features polychrome ceramics by Nicolas Leiva, an Argentinian artist. Art Collectors located in the Wynwood area of Miami. Gary Nader has been a prominent art collector for over 30 years, and is the owner of the Gary Nader Art Center in Wynwood, a formidable free-standing gallery and one of the largest private galleries in the world, dedicated to contemporary and modern art. The collection is presented in three units, the Gary Nader Private Collection, an exhibition gallery and a sculpture park. Mr. Nader began his career in the Dominican Republic as director of the Nader Gallery in Santo Domingo. William Braemer is the Director of the Art Fusion Galleries in Wynwood which hosts four shows a year featuring the works of emerging and mid-career artists from the international scene. His personal story is a fascinating one. Steven Steele has been collecting art since the 1980’s and is associated with the AC Fine Arts gallery, in Wynwood., which specializes in vintage posters and antique art, as well as contemporary and pop art. Included in their collection are posters by Andy Warhol, and works by Roy Lichtenstein, Damien Hurst, Salvador Dali and many others. Martin Z. Margulies is a very well-known philanthropist and art collector who displays his collection at The Warehouse, a 45,000 square foot space in the Wynwood Arts District. His collection includes both vintage and contemporary photographs and videos, as well as sculptures and other works by prominent artists such as Willem de Kooning, George Lindemann, Antony Gormley and others. Many other collectors display their art collections at galleries in Wynwood and throughout Miami. If you are seriously interest in a wide variety of art, Miami is the place to...

How Urban Real Estate Development Is Helping NYC Neighborhoods

on Mar 9, 2017 in Travel

Famous for its tall buildings, real estate moguls like Vladislav Doronin, Soori High Line, Veronica Mainetti, Joe Sitt, and Amit Khurana, are a few of the movers in New York real estate.

Visiting the Cayman Islands

on Feb 14, 2017 in Uncategorized

The Cayman Islands are a great place to visit for a getaway in the Western Caribbean Sea. The Cayman Islands are composed of three islands, Grand Cayman, Cayman Brac and Little Cayman. The area is known for the clear blue waters, active marine life, beautiful hiking, ominous caves, and pristine beaches. Some of the best tourist attractions will be highlighted in this article. Seven Mile Beach is arguably the most famous stretch of beach in the Caribbean. It is a peaceful array of beautiful sandy beach scattered with luxury hotels and resorts. The beach is completely public and has miles of coconut palms. Along the Seven Mile Beach is the famous port city George Town. In George Town are attractive shopping districts and distinct harbors. You will find scuba diving, Kimpton Seafire Spa Residences, charter boat tours, rum distillery tours, art galleries, a historical museum, and even a Jimmy Buffet Margaritaville. In the northwest corner of Grand Cayman is the popular Stingray City. An array of shallow sandbars is found here with the access to shallow snorkel dives where guests are able to swim with the local stingray. Historically, Stingray City was a popular fisherman gathering stingrays would gather to eat the leftovers of the daily catch. Now, tourists gather here at the chance to feed stingrays by hand. If you don’t feel like getting wet, there are opportunities to board a submarine with the famous Atlantis Submarine Company. Tourists ride a ferry out to the submarines and once everyone is locked in, the submarine brings guests to depths of 30 meters for oceanic views of the reef, tropical fish, underwater caves, and shipwrecks. Close to 12 million people have boarded these famous submarines. On the eastern side of The Cayman Islands lies the beautiful Mastic Reserve. The Mastic Reserve and Trail is known for being an Important Bird Area and supports a variety of exotic bird populations. White-crowned pigeons, Cuban amazons, Caribbean elaenias, Thick-billed vireos, Yucatan vireos and Vitelline warblers are some of the species of birds that can be found on this trail. Next time you are thinking of a vacation, look to the Cayman Islands. The amazing opportunities of diving, snorkeling, hiking, and enjoying Caribbean cuisine are endless. The elusive wild life and the eye-catching reefs will no doubt be enough for you to enjoy. If you’re ready for a drink, don’t forget about the charming bar...

The Real Estate Trends In San Diego

on Feb 6, 2017 in Travel

Due to interest rates remaining low combined with an economy that is still growing, the housing market in San Diego is in an excellent position. Despite the unexpected drop in housing prices the previous October, prices are once again on the rise. Economists have forecasted more growth in the upcoming year in both new construction and home sales. San Diego has not only kept pace but in some cases has outpaced the national trends. Realtor.com has stated the median home price of the nation is at $230.000. This is eight per cent higher than it was in February of 2015. By the end of 2015 the average price in San Diego was $475,000. This figure showed an increase of eight per cent over the year before. Where this may not be the best of news for the buyers it is exceptional news for the sellers. According to Real Estate expert Than Merrill, who owns and operates Fortunebuilders, a real estate education company specializing in investing, “San Diego real estate investors and homeowners saw one-year equity gains of $52,565 while the national average saw gains of $15,781.” Realtor.com also conducted a survey that showed San Diego residents need to earn $103,165 yearly to be able to afford to buy and maintain a home. This figure includes taxes, principal, insurance payments and interest on the home. Nationally the average is a little over $51,000. This puts San Diego in the second to last in affordability just below San Francisco. That being said, San Diego has been listed as being among the ten hottest markets in the nation. Residential construction is once again on the rise in San Diego. A research company called Metrostudy has forecast an increase of 14.6 per cent in housing sales this year. Metrostudy specializes in data, consulting, analytics and research regarding the housing industry. Dodge Data & Analytics shows a 41 per cent increase in the construction of residential projects beginning in January 2016. Residential construction has accounted for more than $143.9 million of the total of $270.7 million in construction projects. Residential construction intended for multifamily occupation was well ahead of the construction for single families. The comparison showed 3,200 residences started for single families compared to 6,100 for multifamily. Both types of residences are expected to continue building. The prices of homes in San Diego are expected to continue to rise but at a slower pace. This is due to a tighter supply in available...

Benefits of being a NYC real estate developer

on Jan 23, 2017 in Travel, Uncategorized

New York City is an exciting place. For decades, people have turned here to be part of a thriving scene in the arts, finance and communications. In response to this need, the city has also become a hub for real estate development professionals. Real estate development in this part of the country can be highly lucrative. Those who work in real estate development in this field know that there are many benefits to being a real estate developer in this area. Developing real estate projects in this part of the country is one way to earn a great living and make a mark in one of the world’s most dynamic cities as the same time. Real estate developers in New York City like Alloy Development, Joe Sitt, LeFrak, Tisman Speyer and many others know that New York City is just teeming with opportunity. A Vibrant Economic Scene Those who develop real estate here have the chance to be part of a scene that is always changing and always growing. They know that this is one part of the country where it is possible to find new opportunities all the time. The right kind of real estate development is one that allows the real estate development to develop a vision they have in their heads and then bring it to life. The New York City skyline is one that has captured the imagination over the years. The real estate developer can have a direct impact on this place that will be remembered for years to come. Many real estate developers have been part of coterie that includes celebrities such as Oprah Winfrey, Madonna, Marilyn Monroe and Lady Gaga that have visited such developments and help make them their own. Very Lucrative Being part of the world of real estate development in New York City, above all, can be highly lucrative. Many people want to live in New York City. They want to live in a place that has much to offer right at their door. The developer who can provide this help is likely to see their own fortune grow as they continue to develop many kinds of buildings in the region. The right project can help anyone earn a large fortune. In many cases, the developer can also put their name on the development for all to see. In this way, they can earn money and have an important monument as...

Real Estate Companies in New York City

on Jan 5, 2017 in Travel

An even more indelible symbol of New York City than its pizza or the Yankees is Joe Sitts architecture and real estate. The New York City skyline has perhaps graced more movie, postcards and other forms of media than any other city’s skyline in the world. Here, we look at some of the top real estate companies that make New York what it is. Foster & Partners is headed by 80-year-old founder Norman Foster. Throughout his five-decade career, Norman has strived to create unique buildings around the world and he is a Pritzker-Prize winning architect. Some of the firm’s notable works in New York include the Hearst Tower and the Bowery’s Sperone Westwater Gallery. The company has now ventured into residential real estate with projects like the Zeckendorf’s 50 United Nations Plaza. A graduate of The Princeton School of Architecture, Matthew Bannister has helped make DBOX a standout in film as well as in architecture. The company, founded in 1996, created an Emmy-winning film presentation of an imagined One World Trade Center. DBOX was founded with the desire to bring emerging technology to the visual aspect of architecture. A particularly stunning creation of DBox is the video for the 388 Bridge- Penthouse! Sometimes two head are better than one, and that is certainly the case for the New York- based firm of Sumaida & Khurana headed by Saif Sumaida and Amit Khurana. This company celebrates the fresh enthusiasm of only being 3 years old with a commitment to inaugural NYC projects for some of the world’s best architects and modern philosophies. “The essence of New York is based in cultural diversity and collaboration.” Khurana said in an interview with the New York Post, “There is something quite special about bringing master architects known for the purity and refinement of their design.” New York City architecture and real estate have so much to offer and with it being the media center that it is, celebrities can always be seen enjoying it. Some recent sightings include… Jennifer Nettles and Idina Menzel at Carnegie Hall on December 14, 2016 Sting and Trudie Styler at JW Marriott Essex House on December 14, 2016 Joan Jett performed at the Marriott Marquis Time Square on December 13, 2016 Ben Affleck and Sienna Miller at Merograph in Manhatten on December 13,...

Page 1 of 712345...Last »