manhattan

Chinese Real Estate Developer, Xinyuan Acquires Parcel of Land in Manhattan

Xinyuan Real Estate Co., Ltd. the savior of middle-class families when it comes to housing? Xinyuan Real Estate Co. , Ltd. ("Xinyuan"), a China-based and managed company has recently expanded it operations in other countries.

BlackRock Looking To Put New Headquarters in New York City?

The world's largest money manager, BlackRock Inc., is gearing up to make a huge move: the company is looking to find a new headquarters in New York, as a source claims that the company is expecting to outgrow its two current offices near Park Avenue.

Growing Tribeca Real Estate Salvages Junk Bonds of New York Law School

As it turns out, putting up New York Law School in Manhattan's Tribeca neighborhood is a good move - the location might just help strengthen the school's future finances.

US Treasury Goes After Luxury Real Estate, Tracks Secretive Buyers

The U.S. Treasury is now looking into luxury real estate and properties, in an effort to find and track secretive buyers. The move is due to the growing concern regarding illicit money used to purchase these high-end properties.

The Author of 'Running with Scissors' Augusten Burroughs Has Sold His New York Condo

Author Augusten Burroughs has sold his condo in Lower Manhattan for more than his asking price. “I missed him so much that I had physical sensations of loss, all over my body.

New York Real Estate: Manhattan Hotel Industry Suffers First Decline in 5 Years

The Manhattan hotel industry suffers first decline in 5 years. The said dip was caused by robust hotel development and investment in Manhattan; with more than 3,400 rooms added in the market last 2015 and a record hotel purchase of the $1.95 billion worth Waldorf Astoria by Anbang Insurance Group.

Brooklyn's Future Tallest Building Towers 1,066 Feet On Flatbush

It wasn't even a month ago when JDS Development's Michael Stern and Joe Chetrit acquired Downtown Brooklyn's Dime Savings Bank building. But thanks to their newest purchase, the company is now gearing up to erect another supertall at 340 Flatbush Avenue Extension.

Whole Foods Allegedly Looking To Expand In New York City's Wall Street

New reports claim that a Whole Foods store might just open on New York City's Wall Street. As it turns out, Harry Macklowe is allegedly in talks to put up a store front at One Wall Street, which used to be the Bank of New York tower that Macklowe bought back in 2014 for $585 million.

There's A Mansion Built For Jesus in the Bronx - And It's Luxurious!

A mansion in the Bronx, which was allegedly built for Jesus, has recently been listed for rent for only $35,000 a month. Called the Chapel Hill Mansion, the 15,000-sqaure foot home has been restored over the past 25 years, but still keeps its original look.

Cost of Housing In Manhattan More Expensive Than Ever

Housing In Manhattan is getting costlier than it already is. There is a word in the real estate sector that city housing is going to be more expensive than ever, specifically, analysts think that buying an apartment in cities like Manhattan is going to be more expensive than ever.

New York Real Estate: What Will The Fed Hike's Impact Be On Buyers And Sellers?

The Fed hike is expected to put pressure on the real estate market but New Yorkers seem "unaffected."

Real Estate News: Brooklyn And Queens See A Rise In Number Of Brokers And Agents

The increasing number of brokers and agents in Brooklyn and Queens is an indication that brokers are following homebuyers and sellers into neighborhoods with rising inventory and increased prices.

Paul Allen Net Worth: Microsoft Billionaire's Swanky Real Estate Purchases

Microsoft co-founder Paul Allen is notably one of the wealthiest people across the globe. With that kind of lifestyle and status, buying real estate definitely becomes just as a hobby for the tech entrepreneur.

San Francisco Office Rental Prices Outshines Manhattan's Offices

Office rental in the Bay Area is more expensive than that of New York. San Francisco's office rents have just outperformed Manhattan's costly office spaces and is now considered the most expensive in the country.

Javits Center To Undergo $1 Billion Expansion as Announced by Governor Cuomo

Governor Cuomo recently announced a $1 billion expansion of the Javits Center aiming to allow more events in the area.

Manhattan Apartments Pricier; Prices Reached $1.95M in 2015

Real estates increased nine percent in the last quarter, comparing it with the same time in 2014, based on the analysis of Douglas Elliman.

New York Real Estate: Boroughs Stand Against Mayor's Affordable Housing Plans

Neighborhood leaders from all 5 boroughs blasted De Blasio's proposals believing that they will serve rich developers instead of struggling families.

Real Estate News: Manhattan Sees Office Leasing Dip Of 13% In 2015

According to a research from Newmark Grubb Knight Frank, the slump was due to sluggish years in Midtown South and Downtown. At the end of the year, the asking rent in Manhattan submarkets ranged from $60 to $62 per square foot.

Survey Says US Real Estate To Reel In More Foreigners in 2016

Expect to find more foreign investors to put in more money into American properties this 2016 more than last year, in addition to New York being the sought-after market globally. These were the findings based on a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE).

Real Estate News: Chinese Investors Flock to the Hamptons

As China faces an impending economic slowdown, more and more Chinese investors are moving their capital out of China and investing in off-shore properties such as the Hamptons. Over the past year, the vacation destination saw a rise of 4.7% on average sales prices. During the third quarter, the average sales price valued at $950,000.

New York Real Estate 2015: Report Shows 2015 Is A Year Full of Inconsistencies

The latest Olshan Luxury Market Report which was released last Monday revealed that 2015 was a year of inconsistencies for the New York City luxury market. Olshan's report is based on contracts signed for at least $4 million. Generally, it showed that New York's high end property market is already cooling off despite closing some major deals in 2015.