Manhattan’s Smaller Apartments Are the Priciest Since 2008

Seekers of smaller apartments in Manhattan have had plenty of company this summer. Swelling demand by both newcomers and locals […]

When Harlem Unemployment Pays for Midtown Luxury

A 1990s-era cash-for-visas program was designed to lure foreign investment to distressed communities. Instead, it subsidizes luxury real estate. Congress […]

ARE CHINESE BUYERS BRINGING DOWN NYC’S BILLIONAIRE’S ROW?

Hard times have been hitting New York’s “Billionaire’s Row” – aka 57th Street from Park Avenue to Columbus Circle in […]

U.S. Will Track Secret Buyers of Luxury Real Estate

  By LOUISE STORY © Edward Caruso for The New York TimesConcerned about illicit money flowing into luxury real estate, […]

CHINA’S OCEANWIDE HOLDINGS BUYS $390M NY PROJECT IN 4TH US DEAL

   BY MICHAEL COLE    The proposed tower (at centre in this rendering) would form part of the South Street Seaport […]

CHINESE DEVELOPER BUYS NYC SITE FOR $300 MIL

   BY MICHAEL COLE   Kuafu chairman Shan Zengliang is a co-founder of one of China’s biggest state-owned architecture firms New […]

Views from the top: Roth, Barnett and Blau riff on NYC’s market

Views from the top: Roth, Barnett and Blau riff on NYC’s market Developers discuss EB-5 financing, Chinese investment and where […]

Is the Commercial Office Market Recovery a Mirage?

January 13, 2015 by Keith Jurow My previous article examined the dangers of widespread euphoria and optimism.  In this article, I will […]

April 2013 Economic Snapshot: Housing Ownership and Rental Trends

Do you rent or own in New York City? For our April 2013 Economic Snapshot, NYCEDC looked at the City’s […]

New York’s New Business Boom

Nearly twice as many new businesses were started in the five boroughs in 2011 than in 1991, and the lion’s […]