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SELLING POINTS: Zara buys Elmhurst apartments, JLL markets ‘Billionaires Row’ dev site

This is what makes Queens so special to our firm ... Apartments is a logical expansion of their current Westchester portfolio.” Josh Solomon, president of DSF, continued, “We are excited to further expand our presence within the metro New York market ... read more

Industry roundtable: Travel & Tourism

How has Airbnb, transportation and new dining options affected tourism in the Albany area? Is there something we can do to create a more unified identity? Do we compete with New York City? Law firm Hodgson ... TU and that whole complex. read more

Property Rounds: Apartment stock outpaced by growing demand

New complexes, such as Kennedy Flats in downtown Danbury, are billed as luxury apartments and ... to the commercial brokerage firm Marcus & Millichap, which described as “healthy” rental demand, especially among New York City commuters looking to ... read more

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Charlotte wants to turn older apartment complexes into affordable housing

As the city’s population and economy are surging, developers and investors are targeting older apartment complexes relatively close to uptown. In some cases, they demolish them and build luxury ... But a New York private equity firm bought the complex ... read more

When Will New York City Sink?

“If you want to survive an earthquake, don’t buy ... end of New York. The human capacity for adaptation has its limits, and while Jacob says the Domino complex is a model of farsighted architecture, will anyone want to live in a luxury apartment ... read more

New York doormen take off gloves, rally for raises

NEW YORK (Reuters) - A sea of New York City doormen marched along one of Manhattan's wealthiest strips of luxury ... in New York, where many residents are willing to pay hefty rents for apartments offering their services. The price to buy a Manhattan ... read more

Downtown L.A. real estate is drawing N.Y. investors' interest

Among them is the July purchase of a long-vacant 1920s office building by a hotel developer and a new high-rise luxury apartment tower about to open on Bunker Hill. Downtown reminds New York investors ... funding to buy an old office complex by Pershing ... read more

The next trend in luxury apartments is having personal rooftop farms for residents

In a joint venture, Greenland USA and Forest City New York are developing ... buildings with 6,430 apartments when complete in 2025. The idea for the rooftop farm came from the building's architects at NYC-based firm Cookfox. When the team began designing ... read more

UC Funds and HAP Partner to Unveil State-of-the-Art Apartment Building in East Harlem

NEW YORK--(BUSINESS WIRE)--UC Funds, a vertically-integrated commercial real estate specialty finance firm, and HAP Investment Developers announced today the grand opening of 329 Pleasant Avenue, an eight-story, luxury apartment complex in East Harlem ... read more

Real Estate Notebook: Renovated Palm Beach mansion up for auction

The seller spent three years renovating the house, said Craig Post, executive director of the auction house Sheldon Good & Company Luxury Real Estate. Sheldon Good will conduct the auction at 7 p.m. at the St. Regis Hotel in New York, though phone bids ... read more

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