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 […]