Impact of Real Estate Development in New York City Neighborhoods

on Nov 28, 2016 in Uncategorized

Joe Sitt and other new developers with fresh ideas seem to appear in the Real Estate market every day. Someone always has a new idea to propose with projects and plans to enhance old neighborhoods and bring them current with peoples housing, work and social needs. There are many companies bidding for attention. It all depends on what you are looking for and at what price for conveniences and a good work-life balance. Prospective developers and investors can find some noteworthy information in a couple of sources. The Furman Center Studies and Statistics Information discussing and presenting the recent findings in population by areas and income and housing statistics help developers choose areas to focus on. The NYU Furman center published their report in 2015 and if you want more details you can read it yourself on their webpage. They centered on land use, housing, quality of life issues and demographics of each of the city’s 59 boroughs and communities. Notable is that NYC and its metropolitan areas are more densely populated than other large cities. NYCEDC As the city’s main proponent for economic development and quality of life, there are new developments and opportunities to improve our neighborhoods by developing, managing, investing and advising to make the city stronger. Here are a few of the current projects that are in development with some ideas to positively impact NYC neighborhoods. Thorogood Real Estate a solidly built team offers development, consulting and investing advice and opportunities. Developing affordable and mixed-income housing in a variety of diverse areas focusing on Cost Efficiency, Green Buildings with unique designs and they are not afraid to take on projects that others may deem difficult or challenging. Urban Development Partners Keeping their experience and vision in mind this premier group has created some outstanding mixed use properties to appeal to a range of buyers and renters alike. Their projects include: 50 North 5th, Brooklyn NY 229 apartments and ground level retail, parking, fitness amenities and a rooftop terrace and beautiful views of the Manhattan skyline. 309 5th Avenue, NYC 165 apartments in a 35 story rental building with amenities and 10,000 sf of retail space leased to BNB Hana Bank for 20 years. The One, 110 First Street, Jersey City, NJ 451 apartments, fitness and family amenities, games rooms, retail and parking. For Landlords, These Neighborhoods Are the Best Investment Brownsville, Brooklyn is high on the list for the best return on your investment for rental property followed by St. George, Ridgewood and Morningside Heights. These opinions and more specific details can be found at Curbed New York. Developments such as these bring advantages together for residents and provide neighborhood conveniences and business opportunities, jobs and improve the economy for everyone. New developments and well known properties have attracted the attention of celebrities such as Seth Rogen who was recently looking for a new place, and Geraldo Rivera and Uma Thurman are currently listing their properties. Many entertainment and business industry figures live and work in New York City and invite and encourage their friends and colleagues to do the same. The opportunities for growth, expansion and mixed use and mixed income appealing properties is a hot market with residents moving in and out of the city neighborhoods to downsize or increase their living areas. There is much to be explored and many neighborhoods to enjoy in your search for the best new developments in the city. Investment opportunities are lucrative for rental and purchase. It is right outside your...

Finding Office Space in the New York City Skyline

on Oct 28, 2016 in Uncategorized

It is the dream of many to one day find a job in New York City. The most cosmopolitan city on Earth, the saying is that if you can make it in the big apple you can make it anywhere. Unfortunately, findings ESRT premier office space is both tough and expensive. Everyone wants a job with a view, so finding room to work in New York City skyscrapers is rare.

NYC Buildings and the Skyscrapers behind Them

on Sep 19, 2016 in Uncategorized

This Empire State Realty Trust skyscraper is by far the most famous in NYC and is an icon used everywhere from greeting cards to wallpapers. Its construction in 1931 made it the tallest in the world, a title it held until the 1970s.

The Driving Force behind the Booming Miami Design District

on Sep 19, 2016 in Uncategorized

The MDD is the brainchild of real estate developer Craig Robins. Robins is the founder and Chief Executive Officer of Dacra, a Miami real estate development firm that has been a driving force behind the development the MD

Westfield Corporation’s Newest Mall Brings New Life to World Trade Center

on Aug 23, 2016 in Shopping, Travel

The Westfield Corporation is a shopping center & real estate group specializing in the design, creation, promotion, ownership, administration, leasing and marketing of shopping centers worldwide. The Lowy family owns and administers this corporation, which employs global staff numbering approximately 2,000. It is run by two brothers: Steven and Peter Lowy. Westfield Corporation owns assets in 34 shopping centers in the United States and the United Kingdom. This includes roughly 6,400 retail outlets. Westfield manages assets exceeding $28 billion. The corporation is investing in the future of Westfield shopping centers by attempting to stay up-to-date and incorporate technology into the shopping centers instead of fighting to compete with a wave of e-commerce. One such example of the Lowy family’s forward thinking and leadership is the new “Westfield Cloud” which will be an innovative step towards a shopping experience which will be more personalized and includes various types of data to enrich the individual shopper’s encounter within Westfield shopping centers. The company has spent thousands to change the way people think about shopping and how they interact in retail stores. An excellent example of Westfield Corporation’s forward thinking appears in the newly opened Westfield World Trade Center mall. After fifteen years, the mall is back and better than ever. The focus of the mall has changed since the September 11 tragedy. The new mall at the World Trade Center has approximately 365,000 square feet of retail space. This makes it the largest shopping mall in Manhattan and Westfield wants to create a cultural and entertainment destination. Retailers are eager to be a part of this new beginning for the site of the 2001 devastation. Great attention to design and detail are immediately evident at the Westfield World Trade Center. Care and creativity created a much more upscale and diverse collection of retail shops as well as a well-appointed food court and other food and beverage offerings. Westfield Corporation is anticipating mall traffic to be heavy, as the mall’s hours have expanded beyond those created around typical commuter traffic. Lowy family representatives state that the roughly one hundred retail venues are an eclectic mix of everything a shopper could be looking for at any given moment. Embracing the relationship between e-commerce and brick and mortar retail locations is a large part of what Westfield Corporation believes will set this mall apart from others. Among the innovations, retailers offer a mobile app that allows shoppers to check inventory and request sizes for a swifter shopping experience. The creative use of technology paired with innovative details makes the Westfield World Trade Center a first class shopping venue and an emerging beacon of hope and new...

The Buena Vista Miami Florida Experience

on Aug 9, 2016 in Travel

Buena Vista is a historic district of Miami Florida that has tourist flocking to the section of the city, because of its luxurious atmosphere. The Buena Vista area has an appeal that is attracting visitors from across the world. People especially enjoy the fact that this area of Miami is pretty close to the beach and all of the accessories that tourist enjoy are right within walking distance from their lodging. Buena Vista is strongly known for its historical relevance to the Miami, Florida area. In this area of Miami the old meets the modern and new, both blend together nicely. The area is known for having cozy neighborhoods that bring back a traditional Miami feeling filled with warm and pastel colors. Buildings often stand out and are painted with bright and neutral colors that blend together letting people know that they are truly visiting the heart of Miami culture. The Buena Vista area boasts a full line of shopping boutiques that speak the voice of a friendly relaxed location. People have been known to come to visit Miami and they often spend their whole day walking around the Buena Vista neighborhood shopping and enjoying everything that is within walking distance. Other people simply just enjoy the area and they do not venture out to discover other sections of Miami. The shopping environment reflects the luxurious sophistication that it has to offer. High end design shops are typically up close and personal charms within the Buena Vista community. Most visitors that spend their days shopping often enjoy the fact that the Buena Vista neighborhood has places that they can go to so that they can relax after enjoying a nice day of casual shopping. In fact celebrities have the reputation of going to Buena Vista to enjoy a night out on the town. Some celebrities visiting the area are particularly interested in art. Eva Mendes, Dwayne “The Rock” Johnson, and Craig Robins are a few of the celebrities that have been spotted purchasing art and enjoying the art galleries in and around Buena Vista. Buena Vista has over 150 art galleries in the immediate area. The night life and entertainment scene isn’t bad at all. There are plenty of night clubs and dance halls in the area that attract visitors from across the world. Fine dining at night is also a must when visitors come to Buena Vista. The dining experience helps tourist become closer to the area and culture that the Buena Vista section of Miami has to...

The Cayman Islands Offer a Feast for the Senses

on Jul 5, 2016 in Uncategorized

The Cayman Islands are well known for their beauty, awesome beaches, and food. In fact, there are certain spots you want to make sure you visit that will add to your overall experience. From food that’s melt in your mouth good to amazing views and hot night spots, these islands don’t disappoint. Seven Mile Beach Well known as the peaceful beach, you won’t find anything here but amazing sand and sun. You know this is true because baseball star Cal Ripken Jr. is often spotted here relaxing in the sand with his family. Jamaican sprinter Usain Bolt must have gotten the memo too because he’s been spotted relaxing on the beach as well. As you languor and relax all day long in the sun and sand you won’t see a vendor in sight, just the peaceful breeze as incoming cruise ships pass by. Stingray City Family fun is easy to find in the Cayman Islands. Head on over to Stingray city and spend the day watching and feeding the friendly stingrays. Grab your family and jump on a boat that goes out to the sandbar where the stingrays populate. Tourists have the option to swim with the stingrays, feed them, pet and even hold them. Fine Dining Georgetown is the capital of the Cayman Islands and home to some of the best shops and restaurants on the islands. Treat your family to the unparalleled Brasserie and enjoy some of the finest seafood and Caribbean food. After you finish, wonder over to Rackam’s on the harbor and have some gelato for dessert. As you enjoy, you may see John Legend or Alicia Keyes pass by. The Cayman Island’s provide an opportunity for relaxation, tranquility, delicious food, and fun in the sun. Celebrities know this, that’s probably why it’s frequented so much by them. Join the fun in the sun and take your family to the Cayman...

A Taste of Italy in the Heart of Florida

on Jul 5, 2016 in Food

Finding a good meal while shopping can be one of the best deals of the day. At Bella Luna, located in Aventura Mall (a development owned by Jackie Soffer of Turnberry Associates) you’re sure to find just that! Whether you’re stopping by Bella Luna to fuel your shopping trip or to take a break, you can be sure you find your favorite classic Italian dishes on their varied menu.

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