Featured News, US Real Estate

Catskill Farms Making a Mountain of Money in Them Hills

By Phil Butler | August 11, 2011
My reporting beat is usually investment, International real estate dealings, etc. Today though, I was sent a rather fascinating press release. A company called Catskill Farms seems to be defying all economic and even reason there in the mountains of New York. Oh, you didn't know New York had mountains, did you? This is interesting, funny even, read on.
Luxury Real Estate, Real Estate, US Real Estate

Gal Nauer Architects Design Luxury Tribeca Residence

By Allison Halliday | August 5, 2011
Gal Nauer Architects (GNA) has created the architectural and interior design at 250 West Street, a luxury condominium residence in TribeCa's historic Landmark district. This landmark building was originally constructed in 1906 by William H. Birkmire for use as a warehouse, and is an eleven storey neo-Renaissance construction housing 111 loft style condominiums, giving approximately […]
Featured News, Real Estate Investing, US Real Estate

Blackstone Group Proves Able to Find Profit Under a Rock

By Phil Butler | July 23, 2011
In real estate investment news from New York, giant equity firm Blackstone Group realized banner earnings in the second quarter of this year, based on what the company called "increased valuation fees" and other factors. Blackstone President, Tony James, suggested that overall real estate ventures are becoming expensive.
Commercial Real Estate, Real Estate, US Real Estate

Midtown Manhattan Rents Rise By 22%

By Allison Halliday | July 12, 2011
Rents for midtown Manhattan offices have risen by 22% , according to Studley Inc. Since the market bottomed out nine months ago, large financial firms in New York have been filling some of the most expensive office space in the US. Lease rates for the Plaza district, which is the area around the Plaza Hotel […]
Real Estate, US Real Estate

Streets of New York Emptying Due to Out-Of-Towners

By Allison Halliday | July 8, 2011
During the summer and the holidays the streets of New York often seem empty, but now certain Manhattan neighborhoods are looking somewhat deserted year round.   This is due to increasing numbers of people who own or rent apartments in the city, but choose to live elsewhere for much of the year. To some extent […]
Real Estate Investing, Residential, US Real Estate

Apartment Prices In Manhattan Fall

By Allison Halliday | July 2, 2011
Prices of Manhattan apartments fell during the second quarter, as did the number of sales, with buyers lacking the urgency to purchase property. Purchases were down 3.8% compared with the same period last year, to just 2,650, according to a report by New York appraiser, Miller Samuel Inc. and brokers Prudential Douglas Elliman Real Estate. […]
Real Estate, US Real Estate

Peter Ashe unveils futuristic eco-friendly office

By Allison Halliday | June 20, 2011
When Asher Alcobi, founder and principal of Peter Ashe Real Estate, moved his company to 841 Lexington Avenue, he spared no expense to create the ultimate dream office. Alcobi says "Most people spend more waking hours at work than they do in their homes, so theoretically your work environment should be nicer than your home. […]
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